Pune, India -- (SBWIRE) -- 06/19/2018 -- The qualitative research study conducted by DBMR titled "Global Electrophysiology Market Report 2018" provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Electrophysiology Market. The study provides forecasts for Circuit Breakers investments till 2024
The Global Electrophysiology Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electrophysiology market for global, Europe, North America, Asia Pacific and South America.
The Global Electrophysiology Market accounted to USD 3.90 billion in 2016 growing at a CAGR of 10.5% during the forecast period of 2017 to 2024.
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Global Electrophysiology Market Devices (Electrophysiology Diagnostic Catheters, Electrophysiology Laboratory Devices, Electrophysiology Ablation Catheters), Indication (Atrial Fibrillation, Atrial Flutter, Atrioventricular Nodal Reentry Tachycardia, Wolff-Parkinson-White Syndrome, Others), End-Users (Hospitals, Emergency Clinics, Cardiac Centers, Diagnostic Centers, Home Healthcare Providers), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Major Market Competitors
Some of the major players operating in global electrophysiology market are :-
- Abbott Laboratories,
- Boston Scientific Corporation,
- Koninklijke Philips N.V.,
- Siemens AG,
- Johnson & Johnson Services, Inc.,
- Microport Scientific Corporation,
- Sorin Group,
- R. Bard, Inc.,
- Mogul Enterprises, Inc.,
- CathEffects Inc.,
- Braun Melsungen AG,
- Biotronik Se & Co.Kg,
- AtriCure, Inc.,
- General Electric,
- MedWOW Global
- among others.
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Major Market Drivers and Restraints:
- Developing Occurrence of Atrial Fibrillation
- Growing Healthcare Spending
- Developing Markets
- Disapproving Healthcare Reforms in the U.S.
- Absence of Expert and Experienced Electrophysiologists in Emerging Nations
- Regular Product Recalls
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