The North American electrophysiology (EP) market is set to experience a rapid growth in value over the coming years, climbing from approximately USD 0.85 billion in 2016 to USD 1.9 billion by 2021, at a CAGR of 9.4%.The electrophysiology (EP) market consists of ablation catheters, diagnostic catheters, and lab systems.
North America Electrophysiology Market-Market Dynamics
The report details several driving factors, restraints and opportunities for the market, some of which are listed below.
Technological innovations and advancements
Increasing incidence of chronic diseases
Ease of use and interpretation of medical devices
Patient Protection and Affordable Care Act
Increasing healthcare expenditure
Rising adoption of ablation techniques
The factors constraining the growth of the market include reimbursement issues and the high cost of the medical devices.
The emerging economies, public awareness for cardiac diseases, and the huge scope for consolidation are the major opportunities in the market.
The report segments the market by types (electrophysiology monitoring devices, treatment devices) and geography (USA, Canada).
The major companies discussed in this report with their profile and relevant information from the market perspective are:
Biosense Webster, Inc.
Biotronik SE & Co. KG
Boston Scientific Corporation
St. Jude Medical, Inc.
Key Deliverables in the Study
Market analysis for the North American electrophysiology market, with region-specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the North American electrophysiology market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is growing and to also identify the regions that are still untapped.
1.1 Report description
1.2 Research methodology
2. Executive summary
3. Market overview
3.2 Market size and forecasts
3.3 Market dynamics
3.3.1 Market drivers
188.8.131.52 Rapidly increasing aged population
184.108.40.206 Increasing cases of cardiac diseases
220.127.116.11 Technological advancements
18.104.22.168 Patient Protection and Affordable Care Act
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