Data Bridge Market Research new Insight’s on “Europe Electrophysiology Market is expected to reach USD 9.3 billion by 2024 from USD 5.4 billion in 2016, growing at a CAGR of 7.3% in the forecast period 2017 to 2024”
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By Type
• EP Monitoring,
• EP Treatment
Product Type
• Ablation Catheters,
• Diagnostic Catheters,
• Laboratory Devices,
• Access Devices
• Indication
• Atrial Fibrillation,
• Atrial Flutter,
• Ventricular Fibrillation,
• Ventricular Tachycardia,
• Atrial Tachycardia,
• Wolff-Parkinson-White (WPW) Syndrome and Atrioventricular Nodal Reentry Tachycardia
Country
• Germany,
• France,
• U.K.,
• Italy,
• Spain,
• Russia,
• Turkey,
• Belgium,
• Netherlands,
• Switzerland,
• Rest of Europe
Some of the major players operating in the Europe electrophysiology market are
• AtriCure, Inc.,
• Biosense Webster, Inc.,
• Biotronik SE & Co. KG,
• Boston Scientific Corporation,
• CardioFocus, Inc.,
• Endosense SA,
• Medtronic CryoCath LP,
• Mogul Enterprises, Inc.,
• Osypka AG,
• Pioneer Medical Devices AG,
• St. Jude Medical, Inc.,
• TZ Medical, Inc.,
• Koninklijke Philips N.V.,
• GE Healthcare,
• Boston Scientific,
• Siemens AG
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Recent Developments: Europe Electrophysiology Market
Electrophysiology basically deals about the electrical properties of the cells and tissues inside human body. Electrophysiological devices are present in wide range having various properties. In a short period of time, electrophysiology has made an important place in healthcare industry especially in case of the cardiovascular diseases. According to WHO, about 50 percent deaths in European region are caused because of cardiovascular diseases. However 80 percent of premature heart diseases and stroke are preventable.
Also, Food and Drug Administration (FDA) regulatory activities impact patients and clinicians from new technologies and drugs which are available for allowing the conduction of clinical studies of investigational products, from monitoring event reports to overseeing the conduction of product calls. The technological superiority and precision is the main factor driving the market for electrophysiology in the period of 2017 to 2024. Electrophysiology provides better information about electrical system of heart as compared to other tests. For example, angiography helps in knowing number of possible blockages in heart. Electrophysiology helps doctors in diagnosing the cause of heart rhythm problem with more accuracy and precision. Thus it lets the doctors to find the source of cause and provide test medications for treating it.
However the main restraints of electrophysiological devices are that they are costly. One of the biggest issues is that neither drugs nor the treatment procedure like catheter ablation can decrease the risk of stroke. However these devices help in knowing the symptoms.
Segmentation: Europe Electrophysiology Market Categories
• The Europe electrophysiology (EP) market is segmented on the basis of type, product type, indication, and geography.
• On the basis of type. the europe electrophysiology market is segmented into EP monitoring devices and EP treatment devices.
• On the basis of product type, the electrophysiology market is segmented into EP ablation catheters, EP diagnostic catheters, EP laboratory devices and EP access devices.
• Based on indication, the europe electrophysiology market is segmented into atrial fibrillation, atrial flutter, ventricular fibrillation, ventricular tachycardia, atrial tachycardia, Wolff-Parkinson-white (WPW) syndrome, and atrioventricular nodal reentry tachycardia.
Company Share Analysis: Europe Electrophysiology Market
The Europe Electrophysiology market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market.
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