Global electrophysiology devices market to reach us$5.5 bn by 2019, increasing prevalence of cardiac arrhythmia drives growth

1. Global Electrophysiology Devices Market to Reach US$5.5 bn by 2019,
Increasing Prevalence of Cardiac Arrhythmia Drives Growth
Date: 02-24-2017 08:20 PM CET
Category: Health & Medicine
Press release from: Transparency Market Research - Medical Devices
Transparency Market Research (TMR) has recently published a new market study on the global electrophysiology devices
market. According to it, this market stood at US$2.5 bn in 2012. Analysts at TMR expect it to rise at a CAGR of CAGR of
12.10% during the period from 2013 to 2019 and reach a value of US$5.5 bn by the end of the forecast period.The market
report is titled “Electrophysiology Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013
- 2019.” It further states that the increased incidence of cardiac arrhythmia, stimulated by the rapid rise in the geriatric
population across the world, has boosted the demand for electrophysiology devices in the global arena.
Browse the full Electrophysiology Devices Market (ECG, EEG, Holter Monitoring Systems, Diagnostic Electrophysiology
Catheters, Pacemaker, Imaging and 3D Mapping Systems) - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2013 - 2019 report at www.transparencymarketresearch.com/electrophysiology-ep-d...
In addition to this, the technical advancement in the field of electrophysiology is likely to propel the global market for
electrophysiology devices significantly during the forecast period.The research report studies the global electrophysiology
devices market on the basis of the type of device and the regional distribution of this market. Electrophysiology monitoring
devices and electrophysiology treatment devices are the two main segments of this market based on device type.
The electrophysiology monitoring devices segment has been classified into electrocardiograph (ECG), electrocorticograph
(ECoG), electroencephalograph (EEG), electromyograph (EMG), electrooculograph (EOG), electroretinograph (ERG),
imaging and 3D mapping systems, x-ray systems, holter monitoring devices, and diagnostic clectrophysiology catheters.
The electrophysiology treatment devices segment has been categorized into pacemakers, implantable cardioverter
defibrillators (ICDs), cardiac resynchronization therapy devices (CRT), and catheters.
Further, the research report states that the increasing prevalence of cardiovascular disorders such as ventricular tachycardia
and atrial fibrillation is the key factor fueling the electrophysiology monitoring devices market substantially.
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Regionally, the market study divides the worldwide electrophysiology devices market into North America, Asia Pacific,
Europe, and the Rest of the World. Among these, North America emerged as the market leader and Europe acquired the
second position in this market in 2012. The rising base of the geriatric population, together with the increasing prevalence of
rhythmic cardiac disorders, has augmented the demand for electrophysiology devices in these regions, says the research study.
On the other hand, analysts project the economic growth in Asia Pacific to lead the demand for electrophysiology devices in
this region during the forecast period. Ample presence of untapped opportunities in the Asia Pacific medical and healthcare
sector, coupled with an increasing patient pool suffering from arrhythmias, retinal disorders, and epilepsy, is also expected to
fuel the Asia Pacific electrophysiology devices market in the coming years, states the market study.
Abbott Laboratories, Boston Scientific, Biotronik SE & Co. KG, GE Healthcare, Medtronic Inc., Johnson & Johnson,
Microport, Philips Healthcare, Nihon Kohden Corp., St. Jude Medical Inc., and Siemens Healthcare are some of the key
manufacturers of electrophysiology devices mentioned in this research report.
The global electrophysiology devices market is segmented into:
By Devices
Electrophysiology Monitoring Devices Market, by Segments
Electrocardiograph (ECG)
Electroencephalograph (EEG)
Electrocorticograph (ECoG)
Electromyograph (EMG)
Electroretinograph (ERG)
Electrooculograph (EOG)
Holter Monitoring Devices
X-Ray Systems
Imaging and 3D Mapping Systems
Diagnostic Electrophysiology Catheters
Electrophysiology Treatment Devices Market, by Segments
Implantable Cardioverter Defibrillators (ICD’s)
Pacemaker
Cardiac Resynchronization Therapy Devices (CRT)
Catheters
Electrophysiology Devices Market, by Geography
North America
Europe
Asia-Pacific
Rest of the World (RoW)
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and
services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of
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