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Europe Electrophysiology Market Industry Analysis Report and Regional Outlook by 2027

Europe Electrophysiology Market Size is Estimated to Surpass USD 3.4 Billion By 2027.A Significant increase in number of patients with cardiac diseases, leading to high risk of heart stroke will influence the electrophysiology revenue growth during forecast period.<br><br>COVID-19 has impacted the Europe electrophysiology market size during the pandemic period due to reduction procedural volume. Emergence of viral infection hampered product sales of several firms, thereby resulting in declined revenue growth. However, constant organizational efforts and relatively reduced prevalence of COVID-19 in some countries is expected to boost the industry growth over forecast period.<br>

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Europe Electrophysiology Market Industry Analysis Report and Regional Outlook by 2027

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  1. Europe Electrophysiology Market Industry Analysis Report and Regional Outlook by 2027: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. Europe Electrophysiology Market Size is Estimated to Surpass USD 3.4 Billion By 2027.A Significant increase in number of patients with cardiac diseases, leading to high risk of heart stroke will influence the electrophysiology revenue growth during forecast period. COVID-19 has impacted the Europe electrophysiology market size during the pandemic period due to reduction procedural volume. Emergence of viral infection hampered product sales of several firms, thereby resulting in declined revenue growth. However, constant organizational efforts and relatively reduced prevalence of COVID-19 in some countries is expected to boost the industry growth over forecast period. The development of advanced electrophysiology devices drives product demand in electrophysiology procedures during projected period. Introduction of leadless EP devices reduces chances of infection and further complications. Furthermore, miniaturized monitoring systems, implantable devices and minimally invasive procedures will stimulate the Europe electrophysiology market growth. The market players continuously focusing on development of new innovative technologies to eliminate procedural complications and enhance efficiency. This has resulted in treatment preference, thereby positively impacting the market growth in forthcoming years. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ http://bit.ly/3pUJmCH Request for customization @ http://bit.ly/3oNQcbL ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. Growing prevalence of atrial fibrillation and other cardiac conditions leading to high risk of heart stroke will propel the market growth. As per the European Society of Cardiology, patients with atrial fibrillation are at higher risk of stroke and about 20% to 30% of strokes are due to atrial fibrillation. With increasing patient admissions associated with heart conditions, the market will witness lucrative growth in the upcoming period. Moreover, adoption of inorganic strategies such as collaborations and business expansion by firms to cater to striking demand will further stimulate the growth potential. However, increased investment in development of electrophysiology devices and unforeseen situations including COVID-19 pandemic will hamper business growth upto some extent. EP diagnostic catheters segment constituted about 35% revenue share in 2020 and is projected to foresee considerable growth during analysis timeframe. Increasing demand for intra-cardiac sensing, mapping and recording due to growing disease burden will offer substantial growth opportunities to the segment. Furthermore, product advancement including the steerable curve electrophysiology diagnostic catheters will drive the segment growth due to adoption of novel technology in emerging countries. Ventricular tachycardia segment is expected to witness over 13.5% CAGR during forecast timeframe. Ventricular tachycardia is among the major causes of cardiac failure, thereby increasing the hospitalization rate. There were about 15 million patients reported with heart failure in Europe. The adoption of innovative and advanced devices during treatment of ventricular tachycardia, including EP catheters will foster the segmental growth in the future. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Catheterization laboratories segment held substantial revenue share in 2020 and it is anticipated witness 13.3% CAGR over the forecast period. The segment growth is primarily attributed to increasing catherization procedures. High demand for cardiac ablation and diagnosis will impel the catheterization demand over projected timeframe. Integration of advanced devices and infrastructure development will drive patient preference and further impel the number of procedures in laboratories. Hence, owing to the aforementioned factors the segment will grow momentously in the upcoming period. UK electrophysiology market is forecasted to grow at 12.2% CAGR during forecast timeline. Growing geriatric population, demand for advanced devices and increasing disease burden due to changing lifestyle are some of the growth driving factors. For instance, over 1 million people in the country were diagnosed with atrial fibrillation. Atrial fibrillation contributes to about 1 in 5 strokes in the UK. With increasing population suffering through atrial fibrillation and thus leading to increased procedural demand, the Europe electrophysiology market will witness high product demand over projection period. Major market players in Europe electrophysiology market are Abbott Laboratories, Inc., Boston Scientific Corporation, GE Healthcare, Johnson and Johnson and Medtronic plc, among others. These market players are undertaking various business development strategies such as product innovation, mergers and acquisition acquisitions to set their footprint in the region. For instance, in December 2020, Acutus Medical announced the launch of AcQBlate Force Sensing Ablation System in Europe after receival of CE Mark for AcQBlate FORCE ablation catheter. Such new product launches will assist the organization in its business expansion. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. Segmentation of Europe Electrophysiology Market: • Europe Electrophysiology Market, By Indication, 2016-2027 (USD Million) • Atrial Fibrillation • Ventricular Tachycardia • Atrial Tachycardia • Atrial Flutter • WOLFF-Parkinson-White (WPW) Syndrome • Atrioventricular Nodal Reentry Tachycardia • Europe Electrophysiology Market, By End-use, 2016 – 2027 (USD Million) • Hospitals • Catheterization Laboratories • Ambulatory Surgical Centers • Others ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  8. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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