Press Release Description
Growing Prevalence of Cardiac Arrhythmias to Spur Growth in the Electrophysiology Market
According to a recent research report published by MarkNtel Advisors, the Global Electrophysiology Market is set to register around 10.5% CAGR during 2023-28. The growing incidence of Atrial Fibrillation, Atrial Flutter, Wolff-Parkinson-White (WPW), Ventricular Tachycardia, & Atrioventricular Nodal Reentry Tachycardia, intensifying burden of cardiac arrhythmias worldwide and the rising need for high precision & controlled cardiac diagnostic & ablation procedures are the prime aspects projected to drive the market in the coming years.
The leading companies operating in the industry are increasingly adopting disposable catheters for intermittent cardiac procedures in order to facilitate better sterility, safety, & affordability, thereby stimulating market expansion. In addition, the integration of innovative technologies into electrophysiology catheters has eliminated the need for hospital or clinic visits and facilitated the demand for safer, affordable, & minimally invasive diagnostics and therapies for cardiac arrhythmias. Hence, these aspects are set to create lucrative prospects for the electrophysiology market in the coming years.
Electrophysiology Laboratory Devices to Garner the Largest Market Share
The active efforts of leading players in the electrophysiology market toward introducing technologically advanced 3D mapping systems, entwined with massive public-private investments in developing novel electrophysiology recording systems, are driving the demand for electrophysiology laboratory devices worldwide. Moreover, the growing number of RF cost-effective ablation procedures and the rising availability of electrophysiology laboratory devices in major regions are also boding well for the overall industry's expansion.
According to a recent research report published by MarkNtel Advisors, the Global Electrophysiology Market is set to register around 10.5% CAGR during 2023-28. The growing incidence of Atrial Fibrillation, Atrial Flutter, Wolff-Parkinson-White (WPW), Ventricular Tachycardia, & Atrioventricular Nodal Reentry Tachycardia, intensifying burden of cardiac arrhythmias worldwide and the rising need for high precision & controlled cardiac diagnostic & ablation procedures are the prime aspects projected to drive the market in the coming years.
The leading companies operating in the industry are increasingly adopting disposable catheters for intermittent cardiac procedures in order to facilitate better sterility, safety, & affordability, thereby stimulating market expansion. In addition, the integration of innovative technologies into electrophysiology catheters has eliminated the need for hospital or clinic visits and facilitated the demand for safer, affordable, & minimally invasive diagnostics and therapies for cardiac arrhythmias. Hence, these aspects are set to create lucrative prospects for the electrophysiology market in the coming years.
Electrophysiology Laboratory Devices to Garner the Largest Market Share
The active efforts of leading players in the electrophysiology market toward introducing technologically advanced 3D mapping systems, entwined with massive public-private investments in developing novel electrophysiology recording systems, are driving the demand for electrophysiology laboratory devices worldwide. Moreover, the growing number of RF cost-effective ablation procedures and the rising availability of electrophysiology laboratory devices in major regions are also boding well for the overall industry's expansion.
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