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Global Electrophysiology Therapeutic Devices Market 2017-2021

About Electrophysiology Therapeutic Devices

The EP therapeutic devices constitute nearly half of the global EP devices market. These devices are used for corrective procedures for the abnormal functioning of the heart. EP therapeutic devices such as pacemakers and ablation catheters are used in most diagnosis cases for cardiovascular diseases (CVDs). The ablation catheter is one of the most common EP devices used for cardiac arrhythmia. Based on the product, the market is segmented into ICDs, cardiac pacemakers, cardiac resynchronization therapy (CRT) devices, and ablation catheters.

Technavio’s analysts forecast the global electrophysiology therapeutic devices market to grow at a CAGR of 9.38% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electrophysiology therapeutic devices market for 2017-2021. To calculate the market size, the report considers volume and value of the global EP therapeutic devices market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electrophysiology Therapeutic Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Boston Scientific
  • Medtronic
  • St. Jude Medical
Other prominent vendors
  • AngioDynamics
  • Biosense Webster
  • BIOTRONIK
  • Cardiac Science
  • Cook Medical
  • GE Healthcare
  • Imricor
  • LivaNova
  • Maquet Getinge Group (Atrium Medical)
  • MicroPortScientific
  • Vimecon
Market driver
  • Increasing incidence of cardiac arrhythmia cases
  • For a full, detailed list, view our report
Market challenge
  • High cost of ablation procedures
  • For a full, detailed list, view our report
Market trend
  • Development of leadless pacemaker
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Electrophysiology Therapeutic Devices Market 2017-2021

Technavio recognizes the following companies as the key players in the global electrophysiology therapeutic devices market: Boston Scientific, Medtronic, and St. Jude Medical.

Other Prominent Vendors in the market are: AngioDynamics, Biosense Webster, BIOTRONIK, Cardiac Science, Cook Medical, GE Healthcare, Imricor, LivaNova, Maquet Getinge Group (Atrium Medical), MicroPortScientific, and Vimecon.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is development of leadless pacemaker. Technological advancements have driven the development of leadless pacemakers. For instance, Nanostim leadless pacemaker developed by St. Jude Medical received the CE mark for the commercial launch in the European market. Leadless pacemakers are developed to reduce the risk of pocket infections, lead dislodgement, fracture or perforation, and extrusion of the pacemaker through the skin.”

According to the report, one driver in the market is increasing incidence of cardiac arrhythmia cases. Cardiac arrhythmia is the abnormal rhythm of the heart or irregular heartbeat resulting due to tachycardia (faster heart beat), bradycardia (slower heartbeat), stroke, or cardiac arrest. Cardiac ablation is used as a corrective measure for treating cardiac arrhythmia. EP therapeutic devices are used to monitor the heart beat and facilitate the treatment of the abnormal heart function. The growing incidence of cardiac arrhythmia and CVD cases is driving the growth of many market segments in the EP devices market such as ECG devices, pacemakers, CRT devices, and ablation catheters.

Further, the report states that one challenge in the market is high cost of ablation procedures. Due to technological advances, new tools and techniques are being used for performing ablation procedures in cardiac patients. 3D electro-anatomical mapping and remote catheter monitoring are commonly used during the cardiac ablation procedure. electrophysiologists use robotic technology during the interventional procedures. The magnetic remote monitoring systems are being used in few developed countries with well-equipped healthcare facilities. This system uses magnetic field for assisting navigation of catheters.

Companies Mentioned

Boston Scientific, Medtronic, St. Jude Medical, AngioDynamics, Biosense Webster, BIOTRONIK, Cardiac Science, Cook Medical, GE Healthcare, Imricor, LivaNova, Maquet Getinge Group (Atrium Medical), MicroPortScientific, and Vimecon.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global EP therapeutic devices market 2016-2021: Overview
    • Market size and forecast
      • Table Global EP therapeutic devices market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global EP therapeutic devices market 2016 by product: Overview
      • Table Global ICD market 2016-2021: Overview
      • Table Global ICD market 2016-2021 ($ billions)
      • Table Major players in global ICD market 2016
      • Table Global cardiac pacemakers market 2016-2021: Overview
      • Table Global cardiac pacemakers market 2016-2021 ($ billions)
      • Table Major players in global cardiac pacemakers market 2016
      • Table Global CRT devices market 2016-2021: Overview
      • Table Global CRT devices market 2016-2021 ($ billions)
      • Table Major players in the CRT devices market 2016
      • Table Global ablation catheters market 2016-2021: Overview
      • Table Global ablation catheters market 2016-2021 ($ billions)
      • Table Major players in global ablation catheters market 2016
  • Market segmentation by end-user
    • Market overview
      • Table Global EP therapeutic devices market by end-users 2016: Overview
    • Hospitals and clinics
    • ASCs
  • Geographical segmentation
    • EP therapeutic devices market in Americas
      • Table EP therapeutic devices market in Americas 2016-2021: Overview
      • Table Exhibit 22: EP therapeutic devices market in Americas 2016-2021 ($ billions)
      • Table Americas: Market metrics in various countries
    • EP therapeutic devices market in EMEA
      • Table EP therapeutic devices market in EMEA 2016-2021: Overview
      • Table EP therapeutic devices market in EMEA 2016-2021 ($ billions)
      • Table EMEA: Market metrics in various countries
      • Table Pacemaker implant centers in major European countries
      • Table Total number of pacemakers implanted in major European countries
      • Table Number of first implants and replacements for pacemaker in 2014
      • Table Number of first implants and replacements for pacemaker in 2015
      • Table CRT devices implant centers in major European countries
      • Table Total number of CRT devices implanted in major European countries
      • Table ICD implantation centers in major European countries
      • Table Total number of ICD implanted in major European countries
      • Table Number of ablation procedures performed in major European countries
      • Table Number of atrial fibrillation ablation procedures in major European countries
      • Table Insurance modality in major European countries 2014
      • Table Insurance modality in major European countries 2015
    • EP therapeutic devices market in APAC
      • Table EP therapeutic devices market in APAC 2016-2021: Overview
      • Table EP therapeutic devices market in APAC 2016-2021 ($ billions)
      • Table APAC: Market metrics in various countries
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Factors affecting adoption of remote monitoring devices
    • Market challenges
  • Market trends
    • Development of leadless pacemaker
    • Increased adoption of multi-functional pacemakers
  • Vendor landscape
    • Competitive scenario
      • Table Competitive structure analysis of global EP therapeutic devices market 2016
      • Table Competitive landscape analysis of global EP therapeutic devices market (2016)
      • Table Strategic success factors of companies in global EP therapeutic devices market 2016
  • Key vendor analysis
    • Boston Scientific
      • Table Boston Scientific: Key highlights
      • Table Boston Scientific: Strength analysis
      • Table Boston Scientific: Strategy assessment
      • Table Boston Scientific: Opportunity assessment
    • Medtronic
      • Table Medtronic: Key highlights
      • Table Medtronic: Strength analysis
      • Table Medtronic: Strategy assessment
      • Table Medtronic: Opportunity assessment
    • St. Jude Medical
      • Table St. Jude Medical: Key highlights
      • Table St. Jude Medical: Strength assessment
      • Table St. Jude Medical: Strategy assessment
      • Table St. Jude Medical: Opportunity assessment
    • Key companies to watch
      • Table Koninklijke Philips: Company analysis
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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