Electrophysiology (EP) Devices Market Report – 2025 Outlook, Trends, Share, Size & Forecast
MarkNtel Advisors has unveiled its latest research report on the Electrophysiology (EP) Devices Market, providing an in-depth analysis of market dynamics, growth prospects, and competitive landscape. This report serves as a valuable resource for stakeholders aiming to capitalize on emerging opportunities and navigate potential challenges in the Electrophysiology (EP) Devices industry.
Electrophysiology (EP) Devices Market Size: 2025 Outlook
The Global Electrophysiology (EP) Devices Market size was valued at around USD 12 Billion in 2024 and is projected to reach USD 24 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period, i.e. 2025-30. This growth is attributed to increasing cardiovascular diseases such as cardiac arrhythmias resulting from changes in the lifestyle of humans globally coupled with increased alcohol and tobacco consumption and unhealthy food intake. Additionally, with the rising elderly population, heart-related diseases around the world are drastically elevating and there is a decrease in fertility rate too. As per the World Bank, the fertility rate was at 2.26 in 2022, resulting in an increase in the number of elderly humans around the world.
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📘 Scope of the Report
- Forecasts till 2030 with year-wise market breakdown
- Geographical and segment-level analysis
- Company profiles and strategic insights
- Key market drivers and restraints
- Analysis of market trends and investment opportunities
What’s Driving the Market?
Rising Cases of Cardiovascular Diseases (CVD) – Globally, the majority of deaths are caused by chronic diseases. CVD is at the top of them, as these collectively account for more than 30% of all deaths worldwide. The WHO has said that the deaths attributed to CVD have moved up from approximately 12.1 million in 1990 to around 70% and have reached 20.5 million in 2021, reveals the World Heart Foundation. This is primarily because the population is on the rise worldwide. The reduced birth rate around the world, which means a growing older population, will push the incidence of CVD up further.
What’s Holding Back Growth?
Regulatory Approvals and Standards – Globally, the healthcare industry is highly regulated by the government to ensure the quality, safe, and effective treatment of patients without endangering their lives. The dynamics result in market players getting the necessary regulatory approvals before introducing any products in the market. These developments raise the entry barriers to the players entering the market. Apart from this, any failure or malfunction in the devices results in immediate recalls by the country due to the adherence to strict regulatory standards. For instance, Abbott Laboratories got a “class I recall” for implantable pulse generators (IPGs) due to their connectivity flaw, which made them unusable.
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Electrophysiology (EP) Devices Market Segmentation
By Device Type
- Electrophysiology Ablation Catheters
- Cryoablation Electrophysiology Catheters – Market Size & Forecast 2020-2030, USD Million
- Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million
- Irrigated-Tip Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million
- Conventional Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million
- Laser Ablation Systems – Market Size & Forecast 2020-2030, USD Million
- Microwave Ablation Systems – Market Size & Forecast 2020-2030, USD Million
- Navigational Advanced Mapping Accessories – Market Size & Forecast 2020-2030, USD Million
- Electrophysiology Diagnostic Catheters
- Conventional Electrophysiology Diagnostic Catheters
- Steerable Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
- Fixed Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
- Advanced Electrophysiology Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
- Ultrasound Electrophysiology Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
- Electrophysiology Laboratory Devices – Market Size & Forecast 2020-2030, USD Million
- Access Devices – Market Size & Forecast 2020-2030, USD Million
- Others – Market Size & Forecast 2020-2030, USD Million
By Modality
- Implantable – Market Size & Forecast 2020-2030, USD Million
- External – Market Size & Forecast 2020-2030, USD Million
- By Indication
- Atrial Fibrillation (AF) – Market Size & Forecast 2020-2030, USD Million
- Atrial Flutter – Market Size & Forecast 2020-2030, USD Million
- Atrial Tachycardia – Market Size & Forecast 2020-2030, USD Million
- Wolff-Parkinson-White Syndrome (WPW) – Market Size & Forecast 2020-2030, USD Million
- Atrioventricular Nodal Reentry Tachycardia (AVNRT) – Market Size & Forecast 2020-2030, USD Million
- Others – Market Size & Forecast 2020-2030, USD Million
By End User
- Hospitals – Market Size & Forecast 2020-2030, USD Million
- Diagnostic Centers – Market Size & Forecast 2020-2030, USD Million
- Clinics – Market Size & Forecast 2020-2030, USD Million
- Ambulatory Surgical Centers – Market Size & Forecast 2020-2030, USD Million
- Others – Market Size & Forecast 2020-2030, USD Million
By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
🏢 Industry Leaders: Who’s Dominating the Electrophysiology (EP) Devices Market?
The market is highly competitive, with players launching innovation-driven products and investing in strategic partnerships. Key participants include:
- Abbott Laboratories
- Acutus Medical
- Siemens
- Nihon Kohden Corporation
- Biosense Webster
- Boston Scientific Corporation
- GE Healthcare
- Medtronic
- Philips
- Biotronik
- MicroPort Scientific Corporation
- AliveCor
- Bittium Corporation
- Stereotaxis
- Japan Lifeline
These companies are focused on health-based R&D, expansion, and functional ingredient diversification.
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🧠 Frequently Asked Questions (FAQs)
- What are the main drivers of the Electrophysiology (EP) Devices market?
- Which segment leads the Electrophysiology (EP) Devices industry?
- What regulatory challenges impact product development?
- Who are the top players in the Electrophysiology (EP) Devices industry?
About US:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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