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Electrophysiology Devices Market 2018 - 2026
Electrophysiology Devices Market 2018 - Global Market Size, Industry Share, Market Trends, Growth and Forecast to 2026

BriefingWire.com, 10/13/2018 - Global Electrophysiology Devices Market Expected To Reach US$ 16,730.2 Mn By 2026

The latest market report published by Credence Research, Inc. “Electrophysiology Devices Market Growth, Future Prospects, and Competitive Analysis, 2018–2026” the electrophysiology devices market was valued at US$ 6,513.3 Mn in 2017 and projected to reach US$ 16,730.2 Mn by 2026 at a CAGR of 10.9% over the forecast period from 2018 to 2026.

Browse the full report Electrophysiology Devices Market Growth, Future Prospects, and Competitive Analysis, 2018–2026 at  www.credenceresearch.com/report/electrophysiology-devices-market

Market Insights

The electrophysiology (EP) devices market is likely to witness a phenomenal CAGR during the forecast period from 2018 to 2026. Electrophysiology, the branch of physiology is a test executed to assess the electrical system/activity of the heart and to diagnose abnormal heartbeats or arrhythmia. Growing aging population coupled with rising prevalence of atrial fibrillation (AF) & cardiovascular diseases (CVDs), technological advancements in electrophysiology devices, and the presence of favorable government initiatives are the factors driving the market growth.

Download Sample research report with TOC and Figures @  www.credenceresearch.com/sample-request/59377

Technological developments in electrophysiology devices such as fluoroscopy integrated 3D mapping technology in ablation, bidirectional duodecapolar diagnostic catheter, irrigated-tip RF catheters, and remote steering systems are fuelling the demand for adoption of EP devices. In addition, novel techniques including convergent procedure, WATCHMAN left atrial appendage closure (LAAC) procedure, and focal impulse and rotor modulation (FIRM) ablation are gaining the momentum among patients and healthcare professionals (HCPs). On the contrary, high costs of electrophysiology devices and the availability of alternative therapies are anticipated to hinder the market growth during the forecast period.

The introduction of the Million Hearts CVD Risk Reduction model that will bridge a gap in cardiovascular care by means of offering targeted incentives for healthcare providers (HCPs) or practitioners in order to engage in beneficiary cardiovascular disease (CVD) risk calculation and population-level risk management is expected to support the market growth.

Do inquiry before purchase the Industry Research Report @  www.credenceresearch.com/inquiry-before-buying/59377

Key Market Movements:

Globally, the electrophysiology devices market to witness a profitable growth with a CAGR of 10.9% during the forecast period from 2018 to 2026

On the basis of product, the electrophysiology ablation catheters segment would follow the electrophysiology laboratory devices in terms of revenue. The cardiac monitors segment will exhibit fastest CAGR during the forecast period due to the advent of implantable cardiac monitors to monitor the atrial fibrillation. Other cardiac monitors including holter monitor, event recorder, and mobile cardiac telemetry (MCT) are also supporting the market growth.

Major players in this vertical are Siemens Healthineers; Medtronic plc; Boston Scientific Corporation; Abbott Laboratories; Biosense Webster, Inc. (Johnson & Johnson Services, Inc.); BIOTRONIK SE & Co. KG; Nihon Kohden Corporation; MicroPort Scientific Corporation; CardioFocus, Inc.; and Stereotaxis, Inc.

 
 
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