Market Research Reports, Inc. has announced the addition of “US Market for Electrophysiology and Ablation Devices - 2016 (Forecasted to 2022)” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 10/16/2015 -- The electrophysiology (EP) and ablation device market includes ablation catheters, diagnostic EP catheters, intracardiac ultrasound (ICE) catheters, cryoablation catheters and various EP lab systems.
Over the forecast period, the electrophysiology and ablation device market will be driven by the aging population, rise in cardiac ablation procedures and adoption of advanced EP devices. For the relatively newer devices used in electrophysiology and ablation markets, continued education is critical to increase cardiologists' confidence in these types of cardiac treatments. The EP market is expected to experience growth across all product segments over the forecast period. The more recent products are expected to experience strong growth on a percentage basis but not on an absolute unit or market growth basis simply because newer devices take a while for physicians to adopt. Also, considering the severity of the procedures, it will take years of practice before a device can fully take off. Therefore, most of the devices sold for newer market segments will go towards training and clinical studies.
Throughout the forecast period, there is expected to be a significant growth in demand for catheter-based ablation procedures due to an increase in public knowledge, technological improvements and an increase in the number of EP labs in rural areas.
Biosense Webster was the leading competitor in the EP lab system, ablation catheter and diagnostic EP catheter markets. The company has been able to maintain its dominant position in the market by offering a wide range of EP and ablation devices while utilizing their expansive distribution network to improve sales. The company retains its title as majority market leader in ablation. Other major competitors in the market include Angiodynamics, Biotronik, Boston Scientific, GE Healthcare, MicroPort, Siemens, Stereotaxis, St. Jude Medical and Topera. Certain companies, such as Boston Scientific and St. Jude Medical, also offer a wide range of EP and ablation products and sell them through large distribution networks.
This report covers market segments in:
- US Electrophysiology Lab Devices
- Diagnostic EP Catheters
- Cardiac Ablation Catheters
This 356 Page Report Includes:
- In-depth, Professionally Researched Data That Has Been Formatted and Analyzed to Gain Actionable Insights as Quickly as Possible
- Executive Summary
- Trend Analysis by Segment
- Market Value Forecasts until 2022 and History Back to 2012
- Market Drivers and Limiters
- Detailed Competitive Analysis for Each Market and Segment
- As well as contains Procedural Codes!
The electrophysiology and ablation device market includes external defibrillators, ablation catheters, diagnostic electrophysiology (EP) catheters, intracardiac ultrasound (ICE) catheters, electrophysiology (EP) stimulators, diagnostic ECG and cardiac monitoring devices.
Spanning over 120 pages "US Market for Electrophysiology and Ablation Devices - 2016 (Forecasted to 2022)" report covers Executive Summary, Research Methodology, U.S. Electrophysiology & Cardiac Ablation Market Overview, Electrophysiology Lab Device Market, Diagnostic Ep Catheter Market, Cardiac Ablation Catheter Market, Procedural Codes. The report covered companies are - Medtronic, St. Jude Medical, Boston Scientific, Biosense Webster, Philips Healthcare, Zoll Medical, C.R. Bard, GE Healthcare, Cardiac Science.
For further information on this report, please visit- http://www.marketresearchreports.com/idata-research/us-market-electrophysiology-and-ablation-devices-2016-forecasted-2022
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