North America Electrophysiology Market Size & Business Planning, Innovation to See Modest Growth Through 2025

The MarketWatch News Department was not involved in the creation of this content.

Japan, Japan, Tue, 09 Feb 2021 02:33:10 / Comserve Inc. / — The report analyzes the international markets including development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status.

The North American electrophysiology market is expected to register a CAGR of nearly 7.2 {9e6a73ef7eb6fa22b1de79554ca535a2a0aaa70d898e937e26eb250763832f63} during the forecast period.

– North America is expected to increase its share in the electrophysiology market in the future, owing to the presence of well-established healthcare facilities and rise in the number of arrhythmia and heart failure cases in the region.
– Electrophysiology devices have major applications in detecting heart failure rates, and the increasing number of heart failures is expected to drive the market over the forecast period.
– According to the American Heart Association Research Report 2017, about 92.1 million American adults are suffering from some form of cardiovascular disease or the after-effects of stroke. Moreover, according to the Centers for Disease Control and Prevention (CDC), in 2017, atrial fibrillation was responsible for 26,077 deaths in the United States.
– The other factors, such as high adoption rates in the emerging markets in the North American region, due to technological advancements, rapid growth in aging population, and increase in demand for catheter ablation procedures are also driving the market.
– However, due to lack of mobility among majority of established electrophysiologists, there is a distinct lag in their geographical dispersion, resulting in a rift between the demand and supply and a visible disparity among electrophysiologists.
– The lack of skilled electrophysiologists is acting as a major restraint in the North American electrophysiology market. Additionally, unfavorable healthcare reforms are also responsible for hindering the growth of the market.

Click Here to Download Sample Report >> https://www.sdki.jp/sample-request-81144

Key Market Trends

Ablation Catheters Segment is is Expected to Hold a Major Market Share in the North America Electrophysiology Market

– Ablation catheters are useful in removing anomalous heart tissues that may result in irregular heartbeats. These devices work on the basis of ablation, which is a minimally invasive procedure that employs catheters to demolish the defective electrical pathways from the heart.
– Radiofrequency ablation and cryoablation are the most commonly used types of ablation catheters, and both are expected to hold significant market shares, aided by related advancements in the technology.
– Radiofrequency (RF) ablation uses locally delivered high-energy RF signals to make the scars. On the other hand, cryoablation uses extremely cold temperatures for making the scars. Laser light energy is also used for the same. In January 2017, Abbott launched its new EnSite Precision Cardiac Mapping System and Advisor FL Circular Mapping Catheter- Sensor Enabled to map cardiac arrhythmias during ablation treatments.
– Furthermore, according to the Centers for Disease Control and Prevention (CDC), in the United States, prevalence rate of atrial fibrillation is estimated to rise to 12.1 million by the year 2030. Thus, owing to above factors the segment is expected to show growth over the forecast period.

Competitive Landscape

– The North American electrophysiology market is fragmented competitive, consists of several players, who currently dominate the market, in terms of market shares.
– Companies, such as Abbott Laboratories, Boston Scientific Corporation, and Medtronic, among others, hold substantial shares in the North American electrophysiology market.
– Recently, various developments have been taking place in the market. For instance, in January 2018, BioSig Technologies, a medical device company engaged in the development of a biomedical signal processing platform, designed to address the demand for electrophysiology market, partnered with Mr Charles Austin and JK Advisors to scale up the operational activities.
– In January 2018, Rhythmlink announced the patent license agreement with Dignity Health for improving and expanding brain health monitoring options. The proprietary technology by Dignity Health allows quick and easy collection of EEG data, which can be further distributed to healthcare personnel for analysis and intervention.

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format
– 3 months of analyst support

Request For Full Report >>https://www.sdki.jp/sample-request-81144

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Prevalence of Target Diseases
4.2.2 Technological Advancements in the Field of Electrophysiology
4.2.3 Increasing Demand for Catheter Ablation Procedures
4.3 Market Restraints
4.3.1 Lack of Skilled And Experienced Electrophysiologists
4.3.2 Unfavorable Healthcare Reforms
4.4 Porter’s Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Ablation Catheters
5.1.2 Laboratory Devices
5.1.3 Diagnostic Catheters
5.1.4 Access Devices
5.1.5 Other Products
5.2 By Target Disease
5.2.1 Atrial Fibrillation
5.2.2 Atrial Flutter
5.2.3 Wolff-Parkinson-White Syndrome
5.2.4 Atrioventricular Nodal Reentry Tachycardia
5.2.5 Other Target Diseases
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Abbott Laboratories
6.1.2 Biotronik SE & Co. KG
6.1.3 Boston Scientific Corporation
6.1.4 GE Healthcare (GE company)
6.1.5 Hansen Medical
6.1.6 Johnson & Johnson
6.1.7 Medtronic Plc
6.1.8 Nihon Kohden Corporation
6.1.9 Siemens Healthcare

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790

The post North America Electrophysiology Market Size & Business Planning, Innovation to See Modest Growth Through 2025 appeared first on Comserveonline.

COMTEX_380504907/2652/2021-02-09T02:34:50

Is there a problem with this press release? Contact the source provider Comtex at [email protected] You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.