Diagnostic EP devices are used for the diagnosis of cardiac abnormalities. These devices are used for the diagnosis and treatment of cardiovascular diseases (CVDs). Diagnostic EP devices are one of the fastest growing segments in the global medical devices market. X-ray systems, ECG devices, and diagnostic EP catheters generate a significant proportion of the revenue for the global diagnostic EP devices market. The growing incidence of CVDs such as cardiac arrhythmia drives the growth of the market.
Technological advances have enabled vendors to convert large conventional ECG stress test systems into compact and portable systems. Portable ECG devices are suitable for people suffering from chronic diseases such as hypertension, diabetes, and coronary artery disease (CAD). Portable ECG devices allow easy movement and the ambulatory resting ECG monitors are designed specifically for easy home monitoring. The increasing usage of mobile ECG monitoring systems will be one of the key trends that wil gain traction in the diagnostic electrophysiology devices market during the next few years.
The diagnostic electrophysiology devices market is intensely fragmented due to the presence of several international, regional, and local vendors. The international players account for the major market shares by developing diagnostic EP devices and the regional players develop novel products that improve process efficiency, product efficacy, and patient comfort. EP devices manufacturers compete based on aggressive pricing, product sensitivity, product differentiation, and technology upgrades. Increased consolidation among the vendors will intensify the competitive environment among the players in this marketspace.
According to the Centers for Disease Control and Prevention (CDC) almost 3 million to 6 million people suffered from atrial fibrillation (AF) in the US, where the changes in lifestyle, the high consumption of alcohol, and hypertension were the major factors that increased the prevalence of arrhythmia. Similarly, countries in the EMEA and APAC countries such as India are also witnessing a rise in the incidence of AF. This increasing incidence of arrhythmia is identified as one of the major factors that will fuel the growth of the diagnostic electrophysiology devices market since these devices can monitor irregular heartbeat and facilitate the treatment of abnormal heart function.
The global Diagnostic Electrophysiology Devices market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Diagnostic Electrophysiology Devices volume and value at global level, regional level and company level. From a global perspective, this report represents overall Diagnostic Electrophysiology Devices market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Boston Scientific
GE Healthcare
Philips Healthcare
St Jude Medical
Atrium Medical
Beijing Demax Medical Technology
Biosense Webster
BIOTRONIK
MicroPort Scientific
Millar
Siemens Healthineers
Spacelabs Healthcare
Sterlimed
SUZUKEN
Tyche MedTech
Vimecon
Welch Allyn
Segment by Regions
North America
Europe
China
Japan
Segment by Type
X-ray systems
Electrocardiogram (ECG) devices
Diagnostic electrophysiology (EP) catheters
Electromyography (EMG) devices
Electroencephalogram (EEG) devices
Segment by Application
Hospitals and clinics
Ambulatory surgical clinics (ASCs)
Summary: Get latest Market Research Reports on Diagnostic Electrophysiology Devices. Industry analysis & Market Report on Diagnostic Electrophysiology Devices is a syndicated market report, published as Global Diagnostic Electrophysiology Devices Market Research Report 2019. It is complete Research Study and Industry Analysis of Diagnostic Electrophysiology Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.