Market Overview:
The global EP catheter ablation market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of cardiac arrhythmias, technological advancements in EP catheter ablation devices, and rising demand for minimally invasive procedures. Based on type, the cryoablation electrophysiology catheters segment is expected to account for the largest share of the global EP catheter ablation market in 2018. This segment is also projected to grow at a CAGR of 5.9% from 2018 to 2030. The growth in this segment can be attributed to the increasing use of cryoablation technology for treating cardiac arrhythmias. Based on application, hospitals are expected to account for the largest share of the global EP catheter ablation market in 2018. This segment is also projected grow at a CAGRof 6% from2018to2030 .
Product Definition:
EP catheter ablation is a medical procedure used to treat heart rhythm problems. The goal of the procedure is to destroy or disable the tissue that is causing the problem.
Cryoablation Electrophysiology Catheters:
The technique involves the use of extremely cold temperatures to destroy tissues that are causing pain or damage to heart muscle. CACs can be used in combination with medications, surgical procedures, or as a stand-alone therapy.
Radiofrequency (RF) Ablation Catheters:
Radiofrequency catheter ablation is a minimally invasive procedure used to treat patients suffering from chronic pain and neuropathic pain. This treatment method involves the use of radiofrequency waves to destroy tissues that are causing the pain. The destruction of these tissues results in decreased or eliminated pain. Radiofrequency ablation catheters are used with this treatment method for delivering the radiofrequency waves required for destroying these tissues.
Application Insights:
Based on application, the market is segmented into hospitals, ambulatory surgical centers, specialty clinics and others. The hospital segment dominated the overall industry in terms of revenue in 2017 owing to a high prevalence of cardiovascular diseases and other life-threatening conditions that require immediate treatment. According to data published by WHO in 2018, out of which around 1 billion people have heart disease globally with about half million dying due to it every year. Thus an increase in the number of patients suffering from cardiac disorders is expected to boost demand for advanced mapping systems over the forecast period.
The specialty clinics are anticipated register significant growth over the forecast period owing to increasing adoption across various regions such as U.S.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key players, advanced healthcare infrastructure and high adoption rate of technologically advanced products. Moreover, increasing prevalence of atrial fibrillation (AF) is also expected to drive regional growth over the forecast period. For instance, as per a study by CDC’s National Center for Health Statistics (NCHS), around 6.3 million Americans had AF in 2015-2016 which was approximately 2% of all adults aged 65 years and above in U.S.
Growth Factors:
- Increasing incidence of arrhythmia: The global EP catheter ablation market is expected to grow at a CAGR of 7.5% from 2016 to 2021, owing to the increasing incidence of arrhythmia. Arrhythmia is a heart condition that disrupts the normal rhythm of the heartbeat and can cause chest pain, shortness of breath, lightheadedness or fainting spells.
- Growing demand for minimally invasive procedures: The growth in the EP catheter ablation market is also attributed to the growing demand for minimally invasive procedures across the globe. Minimally invasive procedures are less traumatic and result in shorter hospital stays as compared to traditional open surgery techniques.
- Technological advancements: The development of novel technologies such as 3D mapping systems and contact-force sensing technology has helped in improving procedural accuracy and reducing complication rates associated with EP catheter ablation procedures. This is likely to boost adoption rates of these technologies in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
EP Catheter Ablation Market Research Report
By Type
Cryoablation Electrophysiology Catheters, Radiofrequency (RF) Ablation Catheters, Microwave Ablation (MWA) Systems, Laser Ablation Systems, Navigational Advanced Mapping Accessories, Others
By Application
Hospitals, Ambulatory Surgical Centers, Specialty Clinics
By Companies
Medtronic, Boston Scientific, Abbott, Johnson & Johnson, Biotronik, Lepu Medical, MicroPort Scientific, CardioFocus, Hansen Medical, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global EP Catheter Ablation Market Report Segments:
The global EP Catheter Ablation market is segmented on the basis of:
Types
Cryoablation Electrophysiology Catheters, Radiofrequency (RF) Ablation Catheters, Microwave Ablation (MWA) Systems, Laser Ablation Systems, Navigational Advanced Mapping Accessories, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Specialty Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Boston Scientific
- Abbott
- Johnson & Johnson
- Biotronik
- Lepu Medical
- MicroPort Scientific
- CardioFocus
- Hansen Medical
- Medtronic
Highlights of The EP Catheter Ablation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cryoablation Electrophysiology Catheters
- Radiofrequency (RF) Ablation Catheters
- Microwave Ablation (MWA) Systems
- Laser Ablation Systems
- Navigational Advanced Mapping Accessories
- Others
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the EP Catheter Ablation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
EP catheter ablation is a type of medical treatment that uses an electric pulse to destroy abnormal cells in the body. The electric pulse causes the abnormal cells to die, and this can help improve symptoms of conditions like heart disease, stroke, and cancer. EP catheter ablation is often used to treat conditions like atrial fibrillation (AF), which is a condition that causes irregular heartbeats.
Some of the key players operating in the ep catheter ablation market are Medtronic, Boston Scientific, Abbott, Johnson & Johnson, Biotronik, Lepu Medical, MicroPort Scientific, CardioFocus, Hansen Medical, Medtronic.
The ep catheter ablation market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EP Catheter Ablation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 EP Catheter Ablation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EP Catheter Ablation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the EP Catheter Ablation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global EP Catheter Ablation Market Size & Forecast, 2020-2028
4.5.1 EP Catheter Ablation Market Size and Y-o-Y Growth
4.5.2 EP Catheter Ablation Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cryoablation Electrophysiology Catheters
5.2.2 Radiofrequency (RF) Ablation Catheters
5.2.3 Microwave Ablation (MWA) Systems
5.2.4 Laser Ablation Systems
5.2.5 Navigational Advanced Mapping Accessories
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Specialty Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EP Catheter Ablation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 EP Catheter Ablation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cryoablation Electrophysiology Catheters
9.6.2 Radiofrequency (RF) Ablation Catheters
9.6.3 Microwave Ablation (MWA) Systems
9.6.4 Laser Ablation Systems
9.6.5 Navigational Advanced Mapping Accessories
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Specialty Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cryoablation Electrophysiology Catheters
10.6.2 Radiofrequency (RF) Ablation Catheters
10.6.3 Microwave Ablation (MWA) Systems
10.6.4 Laser Ablation Systems
10.6.5 Navigational Advanced Mapping Accessories
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Specialty Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cryoablation Electrophysiology Catheters
11.6.2 Radiofrequency (RF) Ablation Catheters
11.6.3 Microwave Ablation (MWA) Systems
11.6.4 Laser Ablation Systems
11.6.5 Navigational Advanced Mapping Accessories
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Specialty Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cryoablation Electrophysiology Catheters
12.6.2 Radiofrequency (RF) Ablation Catheters
12.6.3 Microwave Ablation (MWA) Systems
12.6.4 Laser Ablation Systems
12.6.5 Navigational Advanced Mapping Accessories
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Specialty Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cryoablation Electrophysiology Catheters
13.6.2 Radiofrequency (RF) Ablation Catheters
13.6.3 Microwave Ablation (MWA) Systems
13.6.4 Laser Ablation Systems
13.6.5 Navigational Advanced Mapping Accessories
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Specialty Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 EP Catheter Ablation Market: Competitive Dashboard
14.2 Global EP Catheter Ablation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Boston Scientific
14.3.3 Abbott
14.3.4 Johnson & Johnson
14.3.5 Biotronik
14.3.6 Lepu Medical
14.3.7 MicroPort Scientific
14.3.8 CardioFocus
14.3.9 Hansen Medical
14.3.10 Medtronic
