Electrophysiology Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71238
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The electrophysiology market share should rise by USD 3.65 billion from 2021 to 2025 at a CAGR of 9.00%.

This electrophysiology market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (lab devices, ablation catheters, diagnostic catheters, and access devices) and geography (North America, Europe, Asia, and ROW). The electrophysiology market report also offers information on several market vendors, including Abbott Laboratories, BIOTRONIK SE, and Co. KG, Boston Scientific Corp., General Electric Co., Johnson and Johnson Inc., Koninklijke Philips NV, Medtronic Plc, MicroPort Scientific Corp., Siemens Healthineers AG, and Stereotaxis Inc. among others.

What will the Electrophysiology Market Size be in 2021?

To Unlock the Electrophysiology Market Size for 2021 and Other Important Statistics, Download the Free Report Sample!

Electrophysiology Market: Key Drivers and Trends

The increasing incidence of target diseases and procedures is notably driving the electrophysiology market growth, although factors such as the high cost of electrophysiology products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the electrophysiology industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This electrophysiology market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Electrophysiology Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Abbott Laboratories
  • BIOTRONIK SE and Co. KG
  • Boston Scientific Corp.
  • General Electric Co.
  • Johnson and Johnson Inc.
  • Koninklijke Philips NV
  • Medtronic Plc
  • MicroPort Scientific Corp.
  • Siemens Healthineers AG
  • Stereotaxis Inc. 

 

The vendor landscape of the electrophysiology market entails successful business strategies deployed by the vendors. The electrophysiology market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the electrophysiology market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Electrophysiology Market?

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39% of the market’s growth will originate from North America during the forecast period. The US is the key market for electrophysiology in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing preference of electrophysiology catheter ablation for cardiac arrhythmia treatment will facilitate the electrophysiology market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Electrophysiology Market?

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The electrophysiology market share growth by the lab devices segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the electrophysiology market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Electrophysiology Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 9.00%

Market growth 2021-2025

$ 3.65 billion

Market structure

Fragmented

YoY growth (%)

8.69

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 39%

Key consumer countries

US, Germany, UK, China, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Abbott Laboratories, BIOTRONIK SE and Co. KG, Boston Scientific Corp., General Electric Co., Johnson and Johnson Inc., Koninklijke Philips NV, Medtronic Plc, MicroPort Scientific Corp., Siemens Healthineers AG, and Stereotaxis Inc. 

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Electrophysiology Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive electrophysiology market growth during the next five years
  • Precise estimation of the electrophysiology market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electrophysiology market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electrophysiology market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Lab devices - Market size and forecast 2020-2025
    • Ablation catheters - Market size and forecast 2020-2025
    • Diagnostic catheters - Market size and forecast 2020-2025
    • Access devices - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • Asia - Market size and forecast 2020-2025
    • ROW - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Abbott Laboratories
    • BIOTRONIK SE and Co. KG
    • Boston Scientific Corp.
    • General Electric Co.
    • Johnson and Johnson Inc.
    • Koninklijke Philips NV
    • Medtronic Plc
    • MicroPort Scientific Corp.
    • Siemens Healthineers AG
    • Stereotaxis Inc. 

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The electrophysiology market growth will increase by $3651.28 million during 2020-2025.
    The electrophysiology market is expected to grow at a CAGR of 9% during 2020-2025.
    Technavio has segmented the electrophysiology market by product (Lab devices, Ablation catheters, Diagnostic catheters, and Access devices) and geographic (North America, Europe, Asia, and ROW).
    Abbott Laboratories, BIOTRONIK SE and Co. KG, Boston Scientific Corp., General Electric Co., Johnson and Johnson Inc., Koninklijke Philips NV, Medtronic Plc, MicroPort Scientific Corp., Siemens Healthineers AG, Stereotaxis Inc.  are a few of the key vendors in the electrophysiology market.
    North America will register the highest growth rate of 39.2% among the other regions. Therefore, the electrophysiology market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the electrophysiology market growth are:
    • Increasing incidence of target diseases and procedures
    The electrophysiology market vendors should focus on grabbing business opportunities from the lab devices segment as it accounted for the largest market share in the base year.
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