Electrophysiology Lab Systems Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Electrophysiology Lab Systems Market Report Overview
The electrophysiology lab systems market size is $722.3 million in 2023. The market is expected to grow at a CAGR of more than 4% during 2023 and 2033. Electrophysiology lab systems are used for the visualization, diagnosis, and treatment of cardiac arrhythmias.
Electrophysiology Lab Systems Market Outlook, 2023-2033 ($ Million)
Buy the Full Report for More Insights into the Electrophysiology Lab Systems Market Forecast
The electrophysiology (EP) lab systems market research report explains the market behavior, which will help identify quantitative market trends within the cardiovascular devices therapeutic area. The model discusses in detail the impact of COVID-19 on the EP lab systems market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $722.3 million |
CAGR (2023-2033) | >4% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · 3D Mapping Systems
· Cardiac Stimulators · EP Recording Systems · Intracardiac Echocardiography (ICE) Systems · Radiofrequency Ablation Generators |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Leading Companies | · GE HealthCare Technologies Inc
· Koninklijke Philips NV · Biosense Webster Inc · Abbott Laboratories · Boston Scientific Corp |
Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Electrophysiology Lab Systems Market Dynamics
The purpose of an electrophysiology study is to identify the source of abnormal cardiac rhythms, or arrhythmias. The demand for electrophysiology procedures is increasing in developed and emerging markets due to the growing prevalence of cardiovascular diseases in the geriatric population. The rise in demand for electrophysiology procedures not only drives replacement rates but also the purchasing of new EP lab systems per hospital. Furthermore, the emergence of next-generation technologies and advancements in lab systems will drive the electrophysiology lab systems market.
Electrophysiology Lab Systems Market Segments
The electrophysiology lab systems market can be segmented into 3D mapping systems, cardiac stimulators, EP recording systems, intracardiac echocardiography (ICE) systems, and radiofrequency ablation generators. Intracardiac echocardiography (ICE) systems lead the electrophysiology lab systems market in 2023. The ICE system is an ultrasound console that utilizes echocardiography to provide real-time images and guidance of cardiac structures during EP procedures.
Electrophysiology Lab Systems Market Analysis by Segments, 2023 (%)
Buy the Full Report to Know More about the Segments in the Electrophysiology Lab Systems Market
Electrophysiology Lab Systems Market Segmentation by Regions
The key regions in the electrophysiology lab systems market are North America, Europe, the Asia-Pacific, South Central America, and the Middle East and Africa. North America accounted for the highest share of the market in 2023. The well-established healthcare infrastructure in the region, along with the availability of trained specialists, advanced equipment, and ongoing investments to improve patient outcomes are some of the factors driving the North American electrophysiology lab systems market growth.
Electrophysiology Lab Systems Market Analysis by Regions, 2023 (%)
Buy the Full Report to Know More about the Regions in the Electrophysiology Lab Systems Market
Electrophysiology Lab Systems Market - Competitive Landscape
A few of the leading companies in the electrophysiology lab systems market are GE HealthCare Technologies Inc., Koninklijke Philips NV, Biosense Webster Inc., Abbott Laboratories, and Boston Scientific Corp, among others. Abbott Laboratories accounted for the highest share of the electrophysiology lab systems market in 2023.
Electrophysiology Lab Systems Market Analysis by Companies, 2023 (%)
Buy the Full Report to Know More about the Companies in the Electrophysiology Lab Systems Market
Segments Covered in the Report
Electrophysiology Lab Systems Segment Outlook (Value, $ Million, 2015-2033)
- 3D Mapping Systems
- Cardiac Stimulators
- EP Recording Systems
- Intracardiac Echocardiography (ICE) Systems
- Radiofrequency Ablation Generators
Electrophysiology Lab Systems Regional Outlook (Value, $ Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East and Africa
Scope
This report provides:
- Currently marketed Electrophysiology Lab Systems and evolving competitive landscape.
- Insightful review of the key industry trends.
- Annualized total Electrophysiology Lab Systems market revenue by segment and market outlooks from 2015-2033.
- Granular data on total procedures, units, average selling prices, and market values by segment.
- Global, regional, and country-level market-specific insights.
- Qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Electrophysiology Lab Systems market.
- Competitive dynamics insights and trends provided for the Electrophysiology Lab Systems market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on the Electrophysiology Lab Systems market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Electrophysiology Lab Systems market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Electrophysiology Lab Systems market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Electrophysiology Lab Systems market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Koninklijke Philips NV
Johnson & Johnson
Abbott Laboratories
Boston Scientific Corp
Fischer Medical Technologies LLC
Siemens AG
HeNan HuaNan Medical Science and Technology Co Ltd
Schwarzer Cardiotek GmbH
Acutus Medical Inc
Medtronic Plc
Micropace EP Inc
Others
Frequently asked questions
-
What is the electrophysiology lab systems market size in 2023?
The electrophysiology lab systems market size is $722.3 million in 2023.
-
What is the growth rate of the electrophysiology lab systems market during the forecast period?
The electrophysiology lab systems market is expected to grow at a CAGR of more than 4% during 2023 and 2033.
-
Which is the leading segment of the electrophysiology lab systems market in 2023?
Intracardiac echocardiography (ICE) systems lead the electrophysiology lab systems market in 2023.
-
Which region holds the largest share of the electrophysiology lab systems market in 2023?
North America holds the largest electrophysiology lab systems market share in 2023.
-
Who are the major players operating in the electrophysiology lab systems market?
A few of the leading companies in the electrophysiology lab systems market are GE HealthCare Technologies Inc., Koninklijke Philips NV, Biosense Webster Inc., Abbott Laboratories, and Boston Scientific Corp, among others.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.