Electrophysiology Devices Market: By Product Type, By Indication Type, Others) and Geography

Electrophysiology Devices Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Electrophysiology Ablation Catheters, Electrophysiology Laboratory Devices, Electrophysiology Diagnostic Catheters), By Indication Type (Atrial Fibrillation, Atrial Flutter, Atrioventricular Nodal Reentry Tachycardia (AVNRT), Others) and Region

Electrophysiology devices market size was valued at US$ 3.41 billion in 2023, expected to reach US$ 6.52 billion by 2030, at a CAGR of 10.5% from 2024-2030. Electrophysiology Devices is a remote therapeutic gadget that utilizations high-recurrence sound waves to produce a picture of the bladder of the individual. The electrophysiology (EP) study aids in the evaluation of aberrant heartbeats as well as the examination of electrical impulses in the heart. Furthermore, significant advancements in electrophysiological technologies have enhanced the capacity to target the parts of the heart that cause atrial fibrillation (AF). Other cardiac arrhythmias, such as atrioventricular nodal reentry tachycardia (AVNRT), Wolff-Parkinson-White Syndrome (WPW), atrial flutter, and others, have benefited from the advancements in technology.

The electrophysiology devices market is strongly divided because of the nearness of a few global, local, and neighborhood merchants. The global players represent the real pieces of the pie by creating demonstrative EP gadgets and the provincial players create novel items that enhance procedure productivity, item viability, and patient solace. EP gadget makers contend in view of forceful estimating, item affectability, item separation, and innovation overhauls. Expanded union among the sellers will strengthen the focused condition among the players in this market space. the expanded pace of mechanical progressions in the field of electrophysiology and development sought after of EP gadgets for the treatment of cardiovascular arrhythmias is ready to help the EP showcase development at a twofold digit rate amid the estimate time frame.

Electrophysiology Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

10.5%

Largest Market

North America

Fastest Growing Market

Europe

Electrophysiology Devices Market Dynamics

Expanding utilization of electrophysiology gadgets in the finding and treatment of cardiovascular illnesses, for example, arrhythmias and atrial fibrillation and the developing worldwide geriatric populace base are some high effect rendering development drivers of the electrophysiology gadgets advertise. These objective illnesses have seen a fast development in frequency rates attributable to the developing predominance of infection causing way of life propensities,

for example, smoking and unreasonable liquor utilization. Presentation of new advances, for example, cryo-removal, laser removal and ultrasound removal and propelled mapping innovations are likewise anticipated that would support the interest for electrophysiology gadgets throughout the following six years. In any case, high expenses related with electrophysiology gadgets, nearness of strict directions and accessibility of interchange treatments are a few variables anticipated that would obstruct advertise development.

Electrophysiology Devices Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 3.41 billion

Market Size in 2030

US$ 6.52 billion

Market CAGR

10.5%

By Product Type

  • Electrophysiology Ablation Catheters
  • Electrophysiology Laboratory Devices
  • Electrophysiology Diagnostic Catheters

By Indication

  • Atrial Fibrillation
  • Atrial Flutter
  • Atrioventricular Nodal Reentry Tachycardia (AVNRT)

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

Download Free Sample Report

Frequently Asked Questions

Electrophysiology devices market size was valued at US$ 3.41 billion in 2023 and is expected to reach US$ 6.52 billion by 2030 growing at a CAGR of 5.8%

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The market major key players are Abbott Laboratories (U.S.), Biosense Webster, Inc. (U.S.), BIOTRONIK SE & Co. KG (Germany), Boston Scientific Corporation (U.S.), GE Healthcare (U.K.), Koninklijke Philips N.V. (The Netherlands), Medtronic, Inc. (U.S.), Microport Scientific Corporation (China), St. Jude Medical, Inc. (U.S.), Siemens AG (Germany), Topera Inc.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Electrophysiology Devices Market Introduction
2.1. Global Electrophysiology Devices Market - Taxonomy
2.2. Global Electrophysiology Devices Market -Definitions
2.2.1. Product Type
2.2.2. Indication Type
2.2.3. Region
3. Global Electrophysiology Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. New Product Launches
3.6. Collaborations, Acquisitions and Mergers
3.7. Global Electrophysiology Devices Market - Competition Landscape
3.8. Global Electrophysiology Devices Market Dynamic Factors - Impact Analysis
3.9. Global Electrophysiology Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
3.10. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
3.11. Year-over-Year (Y-o-Y) Growth Analysis (%)
3.12. Market Opportunity Analysis
4. Global Electrophysiology Devices Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.1. Electrophysiology Ablation Catheters
4.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
4.1.3. Market Opportunity Analysis
4.2. Electrophysiology Laboratory Devices
4.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
4.2.3. Market Opportunity Analysis
4.3. Electrophysiology Diagnostic Catheters
4.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
4.3.3. Market Opportunity Analysis
5. Global Electrophysiology Devices Market Forecast, By Indication Type, 2018 - 2022 and Forecast, 2023 - 2029
5.1. Atrial Fibrillation
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Atrial Flutter
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Atrioventricular Nodal Reentry Tachycardia (AVNRT)
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Others
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
6. Global Electrophysiology Devices Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1. North America
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Europe
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Asia-Pacific
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Latin America
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Middle East and Africa
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Global Electrophysiology Devices Market - Opportunity Analysis Index, By Product Type, By Indication Type, and Region, 2023 - 2029
7. North America Electrophysiology Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
7.1.1. Electrophysiology Ablation Catheters
7.1.2. Electrophysiology Laboratory Devices
7.1.3. Electrophysiology Diagnostic Catheters
7.2. Indication Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
7.2.1. Atrial Fibrillation
7.2.2. Atrial Flutter
7.2.3. Atrioventricular Nodal Reentry Tachycardia (AVNRT)
7.2.4. Others
7.3. Country Analysis 2016 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
7.3.1. U.S.
7.3.2. Canada
7.4. North America Electrophysiology Devices Market - Opportunity Analysis Index, By Product Type, By Indication Type, and Country, 2023 - 2029
7.5. North America Electrophysiology Devices Market Dynamics - Trends
8. Europe Electrophysiology Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Electrophysiology Ablation Catheters
8.1.2. Electrophysiology Laboratory Devices
8.1.3. Electrophysiology Diagnostic Catheters
8.2. Indication Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Atrial Fibrillation
8.2.2. Atrial Flutter
8.2.3. Atrioventricular Nodal Reentry Tachycardia (AVNRT)
8.2.4. Others
8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. Germany
8.3.2. UK
8.3.3. France
8.3.4. Spain
8.3.5. Italy
8.3.6. Russia
8.3.7. Poland
8.3.8. Rest of Europe
8.4. Europe Electrophysiology Devices Market - Opportunity Analysis Index, By Product Type, By Indication Type, and Country, 2023 - 2029
8.5. Europe Electrophysiology Devices Market Dynamics - Trends
9. Asia-Pacific Electrophysiology Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Electrophysiology Ablation Catheters
9.1.2. Electrophysiology Laboratory Devices
9.1.3. Electrophysiology Diagnostic Catheters
9.2. Indication Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Atrial Fibrillation
9.2.2. Atrial Flutter
9.2.3. Atrioventricular Nodal Reentry Tachycardia (AVNRT)
9.2.4. Others
9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Japan
9.3.2. China
9.3.3. India
9.3.4. ASEAN
9.3.5. Australia & New Zealand
9.3.6. Rest of Asia-Pacific
9.4. Asia-Pacific Electrophysiology Devices Market - Opportunity Analysis Index, By Product Type, By Indication Type, and Country, 2023 - 2029
9.5. Asia-Pacific Electrophysiology Devices Market Dynamics - Trends
10. Latin America Electrophysiology Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Electrophysiology Ablation Catheters
10.1.2. Electrophysiology Laboratory Devices
10.1.3. Electrophysiology Diagnostic Catheters
10.2. Indication Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Atrial Fibrillation
10.2.2. Atrial Flutter
10.2.3. Atrioventricular Nodal Reentry Tachycardia (AVNRT)
10.2.4. Others
10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Brazil
10.3.2. Mexico
10.3.3. Rest of Latin America
10.4. Latin America Electrophysiology Devices Market - Opportunity Analysis Index, By Product Type, By Indication Type, and Country, 2023 - 2029
10.5. Latin America Electrophysiology Devices Market Dynamics - Trends
11. Middle East and Africa Electrophysiology Devices Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
11.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Electrophysiology Ablation Catheters
11.1.2. Electrophysiology Laboratory Devices
11.1.3. Electrophysiology Diagnostic Catheters
11.2. Indication Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Atrial Fibrillation
11.2.2. Atrial Flutter
11.2.3. Atrioventricular Nodal Reentry Tachycardia (AVNRT)
11.2.4. Others
11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Gulf Cooperation Council (GCC) Countries
11.3.2. Israel
11.3.3. South Africa
11.3.4. Rest of MEA
11.4. MEA Electrophysiology Devices Market - Opportunity Analysis Index, By Product Type, By Indication Type, and Country, 2023 - 2029
11.5. MEA Electrophysiology Devices Market Dynamics - Trends
12. Competition Landscape
12.1. Strategic Dashboard of Top Market Players
12.2. Company Profiles (Introduction, Financial Analysis, Test Offerings, Key Developments, Strategies, and SWOT Analysis)
12.2.1. Biosense Webster Inc.,
12.2.2. Abbott
12.2.3. Boston Scientific Corporation
12.2.4. GE Healthcare
12.2.5. Medtronic
12.2.6. Siemens Healthcare
12.2.7. Philips Healthcare
12.2.8. Biotronik
12.2.9. Topera Inc.,
13. Research Methodology
14. Key Assumptions and Acronyms

Key Market Players

  • Abbott Laboratories (U.S.)
  • Biosense Webster, Inc. (U.S.)
  • BIOTRONIK SE & Co. KG (Germany)
  • Boston Scientific Corporation (U.S.)
  • GE Healthcare (U.K.)
  • Koninklijke Philips N.V. (The Netherlands)
  • Medtronic, Inc. (U.S.)
  • Microport Scientific Corporation (China)
  • St. Jude Medical, Inc. (U.S.)
  • Siemens AG (Germany)
  • Topera Inc.

Related Industry Reports