Electrophysiology Market Statistical Forecast and Competitive Analysis Report to 2026

The Europe electrophysiology market is estimated to grow at an appreciable CAGR of 10.1 per cent through 2026. The emergence of electrophysiology industry players and the increasing number of cardiac centers across several countries in the region is expected to impel the electrophysiology industry outlook over the forecasted period.

The expanding applications of diagnostic catheters in intra-cardiac sensing and mapping are likely to escalate the demand for EP diagnostic catheters over the estimated period. Additionally, the surging number of technological advancements have resulted in greater efficiency and stability, leading to superior disease diagnosis, further augmenting electrophysiology market share over the forecasted period.

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To illustrate, Volta Medical, a French-based healthcare startup, had in December 2020, announced receiving FDA approval for its VX1 AI software for interventional cardiac electrophysiology. As per official sources, the VX1 system is anticipated to offer an easier, more accurate, and faster way to detect the zones of interest in patients suffering from chaotic heart muscle contractions. Such developments are likely to strengthen business revenue in the years to come.

Elaborating further, EP diagnostic catheters have also been deemed to have a significant impact on tracking improper heart beats. In addition to this, the expanding applications of diagnostic catheters in intra-cardiac sensing and mapping would enhance the product growth in the near future, post its hold of 35% of market share in 2019. What has been adding to the growth of the product segment is the integration of robotic technologies in these devices, that have augmented the value of technologically advanced electrophysiology devices worldwide.

Electrophysiology devices are being largely used for diagnosing ventricular tachycardia. In fact, it was observed that the segment recorded a valuation of USD 450 million in 2019, while looking forward to acquiring a major stake in the overall business sphere in the upcoming years. One of the major reasons contributing to the use of these devices for the treatment of ventricular tachycardia is the benefit of early diagnosis and constant monitoring via electrophysiology equipment.

In a nutshell, elevating the prevalence of cardiac arrythmias and heart failures has produced a demand spurt for electrophysiology devices, allowing the electrophysiology market to depict a growth rate of 10.2% over the span of 2020 to 2026.

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Partial Chapter of the Table of Content

Chapter 5   Electrophysiology Market, By Indication

5.1    Key segment trends

5.2    Ventricular tachycardia

5.2.1    Market size, by region, 2015-2026 (USD Million)

5.3    Atrial fibrillation

5.3.1    Electrophysiology Market size, by region, 2015-2026 (USD Million)

5.4    Atrial tachycardia

5.4.1    Market size, by region, 2015-2026 (USD Million)

5.5    Atrial flutter

5.5.1    Market size, by region, 2015-2026 (USD Million)

5.6    WOLFF-Parkinson-White (WPW) syndrome

5.6.1    Market size, by region, 2015-2026 (USD Million)

5.7    Atrioventricular nodal re-entry tachycardia

5.7.1    Market size, by region, 2015-2026 (USD Million)

Chapter 6   Electrophysiology Market, By End-use

6.1    Key segment trends

6.2    Hospitals

6.2.1    Market size, by region, 2015-2026 (USD Million)

6.3    Catheterization laboratories/EP laboratories

6.3.1    Market size, by region, 2015-2026 (USD Million)

6.4    Ambulatory surgical centers

6.4.1    Electrophysiology Market size, by region, 2015-2026 (USD Million)

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