Electrophysiology Market Size to Grow by USD 3.65 bn | Technavio
NEW YORK, Nov. 25, 2021 /PRNewswire/ -- The electrophysiology market is likely to register a CAGR of 9.00% while recording an incremental growth of USD 3.65 bn from 2020 to 2025. This report by Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
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Top 3 Electrophysiology Market Players
- Abbott Laboratories - The company offers electrophysiology solutions such as effectively accessing, diagnosing, and managing arrhythmias.
- BIOTRONIK SE and Co. KG - The company offers different types of electrophysiology such as Ablation Catheters, Diagnostic Catheters, External Devices, and others.
- Boston Scientific Corp. - The company offers different types of electrophysiology, including mapping catheters, and radiofrequency energy, for diagnosing and treating heart rhythm disorders.
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Electrophysiology Market 2021-2025: Segmentation
- Lab Devices
- Ablation Catheters
- Diagnostic Catheters
- Access Devices
- North America
The electrophysiology market is driven by the increasing incidence of target diseases and procedures, increasing preference for electrophysiology catheter ablation for cardiac arrhythmia treatment, and the growing geriatric population.
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Electrophysiology Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 9.00%
Market growth 2021-2025
USD 3.65 billion
YoY growth (%)
North America, Europe, Asia, and ROW
Performing market contribution
North America at 39%
Key consumer countries
US, Germany, UK, China, and Japan
Leading companies, competitive strategies, consumer engagement scope
Abbott Laboratories, BIOTRONIK SE and Co. KG, Boston Scientific Corp., General Electric Co., Johnson and Johnson Inc., Koninklijke Philips NV, Medtronic Plc, MicroPort Scientific Corp., Siemens Healthineers AG, and Stereotaxis Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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