Global Electrophysiology Market 2024-2028

Description

List of Tables

The electrophysiology market is forecasted to grow by USD 6.09 bn during 2023-2028, accelerating at a CAGR of 10.71% during the forecast period. The report on the electrophysiology market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing incidence of target diseases and electrophysiology procedures, increasing uptake of mobile cardiac telemetry, and reforming healthcare systems in emerging countries.

Technavio's electrophysiology market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.66%
CAGR	10.71%
Incremental Value	$6.09bn

By Product

Lab devices
Ablation catheters
Diagnostic catheters
Access devices

By End-user

Hospitals and cardiac centers
ASCs

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the technological advancements in electrophysiology as one of the prime reasons driving the electrophysiology market growth during the next few years. Also, high scope for telemedicine and digital health in the electrophysiology segment and integration of electroanatomic mapping (EAM) systems in real-time MRI will lead to sizable demand in the market.

The report on the electrophysiology market covers the following areas:

Electrophysiology market sizing
Electrophysiology market forecast
Electrophysiology market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electrophysiology market vendors that include Abbott Laboratories, Acutus Medical Inc., APN Health LLC, Asahi Kasei Corp., BIOTRONIK SE and Co. KG, Boston Scientific Corp., CathRx Pty Ltd., EP Solutions SA, EPMap System GmbH, GE Healthcare Technologies Inc., Imricor Medical Systems Inc., Japan Lifeline Co. Ltd., Johnson and Johnson, Koninklijke Philips N.V., Medtronic Plc, Merit Medical Systems Inc., MicroPort Scientific Corp., OSYPKA AG, Siemens AG, and Stereotaxis Inc.. Also, the electrophysiology market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71238

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global electrophysiology market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global electrophysiology market 2018 - 2022 ($ billion)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Lab devices - Market size and forecast 2023-2028
Exhibit 34: Chart on Lab devices - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Lab devices - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Lab devices - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Lab devices - Year-over-year growth 2023-2028 (%)
6.4 Ablation catheters - Market size and forecast 2023-2028
Exhibit 38: Chart on Ablation catheters - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Ablation catheters - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Ablation catheters - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Ablation catheters - Year-over-year growth 2023-2028 (%)
6.5 Diagnostic catheters - Market size and forecast 2023-2028
Exhibit 42: Chart on Diagnostic catheters - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Diagnostic catheters - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Diagnostic catheters - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Diagnostic catheters - Year-over-year growth 2023-2028 (%)
6.6 Access devices - Market size and forecast 2023-2028
Exhibit 46: Chart on Access devices - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Access devices - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Access devices - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Access devices - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Product
Exhibit 50: Market opportunity by Product ($ billion)
Exhibit 51: Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 52: Chart on End-user - Market share 2023-2028 (%)
Exhibit 53: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 54: Chart on Comparison by End-user
Exhibit 55: Data Table on Comparison by End-user
7.3 Hospitals and cardiac centers - Market size and forecast 2023-2028
Exhibit 56: Chart on Hospitals and cardiac centers - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Hospitals and cardiac centers - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Hospitals and cardiac centers - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Hospitals and cardiac centers - Year-over-year growth 2023-2028 (%)
7.4 ASCs - Market size and forecast 2023-2028
Exhibit 60: Chart on ASCs - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on ASCs - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on ASCs - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on ASCs - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by End-user
Exhibit 64: Market opportunity by End-user ($ billion)
Exhibit 65: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 Asia - Market size and forecast 2023-2028
Exhibit 79: Chart on Asia - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Asia - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Asia - Year-over-year growth 2023-2028 (%)
9.6 Rest of World (ROW) - Market size and forecast 2023-2028
Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
9.7 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.8 Germany - Market size and forecast 2023-2028
Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.9 UK - Market size and forecast 2023-2028
Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.10 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Abbott Laboratories
Exhibit 115: Abbott Laboratories - Overview
Exhibit 116: Abbott Laboratories - Business segments
Exhibit 117: Abbott Laboratories - Key news
Exhibit 118: Abbott Laboratories - Key offerings
Exhibit 119: Abbott Laboratories - Segment focus
12.4 Asahi Kasei Corp.
Exhibit 120: Asahi Kasei Corp. - Overview
Exhibit 121: Asahi Kasei Corp. - Business segments
Exhibit 122: Asahi Kasei Corp. - Key news
Exhibit 123: Asahi Kasei Corp. - Key offerings
Exhibit 124: Asahi Kasei Corp. - Segment focus
12.5 BIOTRONIK SE and Co. KG
Exhibit 125: BIOTRONIK SE and Co. KG - Overview
Exhibit 126: BIOTRONIK SE and Co. KG - Product / Service
Exhibit 127: BIOTRONIK SE and Co. KG - Key offerings
12.6 Boston Scientific Corp.
Exhibit 128: Boston Scientific Corp. - Overview
Exhibit 129: Boston Scientific Corp. - Business segments
Exhibit 130: Boston Scientific Corp. - Key news
Exhibit 131: Boston Scientific Corp. - Key offerings
Exhibit 132: Boston Scientific Corp. - Segment focus
12.7 EP Solutions SA
Exhibit 133: EP Solutions SA - Overview
Exhibit 134: EP Solutions SA - Product / Service
Exhibit 135: EP Solutions SA - Key offerings
12.8 EPMap System GmbH
Exhibit 136: EPMap System GmbH - Overview
Exhibit 137: EPMap System GmbH - Product / Service
Exhibit 138: EPMap System GmbH - Key offerings
12.9 GE Healthcare Technologies Inc.
Exhibit 139: GE Healthcare Technologies Inc. - Overview
Exhibit 140: GE Healthcare Technologies Inc. - Business segments
Exhibit 141: GE Healthcare Technologies Inc. - Key offerings
Exhibit 142: GE Healthcare Technologies Inc. - Segment focus
12.10 Johnson and Johnson
Exhibit 143: Johnson and Johnson - Overview
Exhibit 144: Johnson and Johnson - Business segments
Exhibit 145: Johnson and Johnson - Key news
Exhibit 146: Johnson and Johnson - Key offerings
Exhibit 147: Johnson and Johnson - Segment focus
12.11 Koninklijke Philips N.V.
Exhibit 148: Koninklijke Philips N.V. - Overview
Exhibit 149: Koninklijke Philips N.V. - Business segments
Exhibit 150: Koninklijke Philips N.V. - Key news
Exhibit 151: Koninklijke Philips N.V. - Key offerings
Exhibit 152: Koninklijke Philips N.V. - Segment focus
12.12 Medtronic Plc
Exhibit 153: Medtronic Plc - Overview
Exhibit 154: Medtronic Plc - Business segments
Exhibit 155: Medtronic Plc - Key news
Exhibit 156: Medtronic Plc - Key offerings
Exhibit 157: Medtronic Plc - Segment focus
12.13 Merit Medical Systems Inc.
Exhibit 158: Merit Medical Systems Inc. - Overview
Exhibit 159: Merit Medical Systems Inc. - Business segments
Exhibit 160: Merit Medical Systems Inc. - Key offerings
Exhibit 161: Merit Medical Systems Inc. - Segment focus
12.14 MicroPort Scientific Corp.
Exhibit 162: MicroPort Scientific Corp. - Overview
Exhibit 163: MicroPort Scientific Corp. - Business segments
Exhibit 164: MicroPort Scientific Corp. - Key offerings
Exhibit 165: MicroPort Scientific Corp. - Segment focus
12.15 OSYPKA AG
Exhibit 166: OSYPKA AG - Overview
Exhibit 167: OSYPKA AG - Product / Service
Exhibit 168: OSYPKA AG - Key offerings
12.16 Siemens AG
Exhibit 169: Siemens AG - Overview
Exhibit 170: Siemens AG - Business segments
Exhibit 171: Siemens AG - Key news
Exhibit 172: Siemens AG - Key offerings
Exhibit 173: Siemens AG - Segment focus
12.17 Stereotaxis Inc.
Exhibit 174: Stereotaxis Inc. - Overview
Exhibit 175: Stereotaxis Inc. - Product / Service
Exhibit 176: Stereotaxis Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 177: Inclusions checklist
Exhibit 178: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 179: Currency conversion rates for US$
13.4 Research methodology
Exhibit 180: Research methodology
Exhibit 181: Validation techniques employed for market sizing
Exhibit 182: Information sources
13.5 List of abbreviations
Exhibit 183: List of abbreviations