Global Electrophysiology Market by Type of Product 2018-2023 - APAC is Expected to Register the Highest CAGR -

The global electrophysiology market has been estimated to register a CAGR of 6.5% during the forecast period 2018 to 2023. Although North America dominates the market due to increasing incidences of heart failure and rapid technological advancements, APAC is expected to register the highest CAGR due to increasing cases of arrhythmia and high adoption rates in emerging market.

In Europe and North America, 1-2% of the total healthcare expenditure is attributed to heart failure. In 2016, around 5.5 million people were diagnosed with heart failure in the United States. It is expected that this number would become 8 million by 2030. Since electrophysiology devices has their major applications in detecting the heart failure rates, the increasing cases of heart failures are expected to drive the market in the forecast period.

In addition, rapid growth in aging population is responsible to increase heart failure rates which is further attributed to contribute in the growth of global electrophysiology market.

Key Developments in the Market

  • January 2018: BioSig Technologies, a medical device company which is developing a biomedical signal processing platform designed to address the demand for electrophysiology market has partnered with Mr. Charles Austin and JK advisors to scale up operational activities.
  • January 2018: Rhythmlink announced 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.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities and Challenges Analysis

7. Market Segmentation

8. Competitive Landscape

9. Key Players

  • Abbott Laboratories
  • Boston Scientific
  • Biotronik Se & Co. KG
  • GE Healthcare
  • Hansen Medical
  • Johnson & Johnson
  • Medtronic Inc.
  • Siemens Healthcare
  • Nihon Kohden Corporation
  • Microport

10. Future of the Market

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