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全球电生理设备市场:洞察、竞争格局、市场预测:2030 年Electrophysiology Devices - Market Insights, Competitive Landscape, and Market Forecast - 2030 |
2023年全球电生理设备市场规模为69.2亿美元。 预计到 2030 年,该市场将达到 120.8 亿美元,2024 年至 2030 年的预测期间复合年增长率为 9.74%。 电生理设备的需求主要是由于心血管疾病盛行率的上升、产品开发的技术进步、老年人口的增加、久坐的生活方式以及对心血管疾病的认识计划的提高而推动的。
根据世界卫生组织 (WHO) 数据(2023 年),心血管疾病 (CVD) 是全球主要死亡原因,该疾病每年估计夺去 1,790 万人的生命。 此外,同一世界卫生组织数据显示,超过五分之四的 CVD 死亡病例以中风和心臟病发作为主要原因,其中三分之一的死亡发生在 70 岁之前。 超过四分之三的心血管疾病死亡发生在低收入和中等收入国家。
根据欧洲心臟学会 (ESC) 数据(2023 年),心血管疾病 (CVD) 每年导致欧洲 390 万人死亡,欧盟 (EU) 180 万人死亡,其中死亡人数超过 1,000 人。 它约占欧洲所有死亡人数的 45%,占欧盟死亡人数的 37%。
上述事实凸显了迫切需要采取措施来解决全球日益增加的 CVD 疾病负担。 动脉硬化、心律不整和心臟衰竭等症状会严重影响患者的生活质量,甚至危及生命。 此外,定期监测心律和活动通常可以降低 CVD 的严重程度。 这可以透过引入心电图监视器和植入式心臟监视器等电生理设备来实现。 这些设备允许医疗保健提供者和患者根据需要监测心臟健康状况。 此外,先进的电生理程序(例如使用射频和冷冻消融等各种消融方式进行心臟消融)也提供了治疗各种原因的心臟疾病的方法。 因此,随着全球心血管疾病盛行率的上升,电生理设备市场预计将在预测期内显着增长。
然而,熟练的专业人员数量有限且严格的监管产品审批流程可能是电生理设备市场成长的某些限制因素。
本报告研究了全球电生理学设备市场,并提供了市场概述,包括按设备、模式、应用、最终用户、地区以及参与市场的公司概况划分的趋势。
Electrophysiology Devices Market By Device Type (Treatment Devices [Defibrillators, Pacemakers, Cardiac Resynchronization Therapy Devices, Ablation Systems [Radiofrequency, Cryoablation, and Others], and Others], Diagnostic Devices [ECG Monitors [Stress, Rest, and Holter Monitors], Ep X-Ray Systems, Ep Recording Systems, Ep Imaging & Mapping Systems, Implantable Cardiac Monitors, and Others]), Modality (Implantable and External), Application (Ventricular Tachycardia, Atrial Fibrillation, Bradycardia, and Others), End-User (Hospitals, Ambulatory Surgical Centers, and Others), and Geography is expected to grow at a steady CAGR forecast till 2030 owing to Rising Prevalence of Cardiovascular Diseases and Increasing Advancements in Product Development
The global Electrophysiology Devices Market was valued at USD 6.92 billion in 2023, growing at a CAGR of 9.74% during the forecast period from 2024 to 2030, to reach USD 12.08 billion by 2030. The demand for electrophysiology devices is primarily being boosted by the rising prevalence of cardiovascular diseases, technological advancement in product development, increasing geriatric population, sedentary lifestyle, and increasing awareness programs regarding cardiovascular diseases.
Electrophysiology Devices Market Dynamics:
As per data provided by the World Health Organization (2023), cardiovascular diseases (CVDs) are the leading cause of death across the globe, where this group of diseases accounts for an estimated 17.9 million lives each year. Furthermore, the same data by the WHO presented that over four out of five, CVD deaths list strokes and heart attacks as the main cause, and one-third of these deaths are said to occur prematurely in people below 70 years of age. Over three-quarters of CVD deaths take place in low- and middle-income countries.
According to the data provided by the European Society for Cardiology (ESC) (2023), each year cardiovascular disease (CVD) causes 3.9 million deaths in Europe and over 1.8 million deaths in the European Union. They represent about 45% of all deaths in Europe and 37% in the EU.
The above-mentioned facts highlight the dire need for measures to address the rising disease burden of CVDs across the globe. Indications such as atherosclerosis, arrhythmias, and heart failure can severely affect the quality of life of patients and may even prove to be life-threatening. Furthermore, in many cases, the severity of CVDs can be reduced by regular monitoring of cardiac rhythms and activities. This can be achieved by deploying electrophysiology devices such as ECG monitors, and implantable cardiac monitors, among others. These devices enable healthcare providers as well as patients to monitor cardiac health as per the need, i.e. either continuous or periodic monitoring, thereby helping in the improvement of disease prognosis as well helping in early disease diagnosis. Moreover, advanced electrophysiology procedures such as cardiac ablation using different ablation procedures such as radiofrequency and cryoablation also offer a way for treating heart diseases of various etiologies. Therefore, the electrophysiology devices market is expected to witness remarkable growth during the forecast period due to the rising global prevalence of CVDs.
However, the limited availability of skilled professionals and stringent regulatory product approval process may prove to be certain restraints to the electrophysiology devices market growth.
Electrophysiology Devices Market Segment Analysis:
Electrophysiology Devices Market By Device Type (Treatment Devices [Defibrillators, Pacemakers, Cardiac Resynchronization Therapy Devices, Ablation Systems [Radiofrequency, Cryoablation, And Others], And Others], Diagnostic Devices [ECG Monitors [Stress, Rest, And Holter Monitors], EP X-Ray Systems, EP Recording Systems, EP Imaging & Mapping Systems, Implantable Cardiac Monitors, And Others]), Modality (Implantable And External), Application (Ventricular Tachycardia, Atrial Fibrillation, Bradycardia, And Others), End-User (Hospitals, Ambulatory Surgical Centers, And Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).
In the device type segment, under the diagnostic devices category of the electrophysiology devices market, the ECG monitors segment is expected to amass the largest market share during the forecast period.
ECG systems have been the most commonly used devices for cardiac monitoring. These devices are generally found in hospital setups and have been the conventional and most preferred mode of ECG monitoring of patients. Besides being one of the oldest technologies present, these devices are economical to procure for healthcare facilities, which in turn, makes them an affordable diagnostic procedure for patients.
ECG tests are the preliminary test where cardiac malfunctioning is suspected and where their results become important before proceeding with advanced tests or deciding a treatment approach.
Furthermore, technological advancements and product innovations taking place in the development of ECG devices are likely to propel the electrophysiology devices market growth. For example, in February 2021, Qardio Inc received 510k approval from the US Food and Drug Administration for the QardioCore device, which is an ambulatory ECG monitoring device that can record ECG information for up to 24 hours in a single session.
Hence, owing to the above-mentioned factors the ECG Monitors category is expected to witness growth, thereby propelling the growth of the overall electrophysiology devices market.
North America Is Expected To Dominate The Overall Electrophysiology Devices Market:
Among all the regions, North America is expected to account for the largest share of the electrophysiology devices market. The growing prevalence of cardiovascular diseases such as heart failure and atrial fibrillation, access to better healthcare infrastructure along with the presence of major market players in the region are predicted to be the major influencing factors in driving the overall growth of the electrophysiology devices market over the forecast period.
As per the facts provided by the Centers for Disease Prevention and Control (CDC), heart disease is the leading cause of death for men, women, and people of most racial and ethnic groups in the United States where about 655,000 Americans die from heart disease each year.
As per the data provided by the National Center for Health Statistics, a part of the CDC, in 2018, atrial fibrillation was mentioned as the cause of death in 25,845 deaths and was in the United States. It further stated that approximately 12.1 million people in the United States will have AFib in 2030.
Additionally, a Report by the American Heart Association providing data for 2020 mentioned that nearly about 6.2 million adults in the United States have heart failure. The statistics for 2019 by the same organization stated that in 2018, heart failure was mentioned on 379,800 death certificates in the country. As electrophysiology devices have a major application in detecting heart failure Afib, the increasing number of AFib and heart failure patients in the country is expected to drive the market over the forecast period.
The well-established healthcare infrastructure in the country with supportive reimbursement programs covering the costs for the electrophysiology procedures as well as the treatment devices further encourages people to opt for such procedures and devices.
In June 2021, Medtronic received expanded approval from the US Food and Drug Administration (FDA) for its Arctic Front Family of Cardiac Cryoablation Catheters for the treatment of recurrent symptomatic paroxysmal atrial fibrillation (AF).
In June 2020, Boston Scientific Corporation received 510k approval from the US Food and Drug Administration for the LUX-Dx(TM) Insertable Cardiac Monitor (ICM) System which is a long-term implantable diagnostic device for the detection of arrhythmias associated with conditions such as cryptogenic stroke, atrial fibrillation (AF), and syncope.
Considering the presence of a large patient pool in the US coupled with new product launches, the market for electrophysiology devices looks promising in the United States.
Electrophysiology Devices Market Key Players:
Some of the key market players operating in the electrophysiology devices market include Boston Scientific Corporation, Lepu Medical Technology (Beijing) Co. Ltd, GENERAL ELECTRIC COMPANY, Medtronic, Abbott, BIOTRONIK, Microport Scientific Corporation, Acutus Medical, Inc., Imricor, Medical Devices Business Services, Inc. (Johnson & Johnson), Baylis Medical Company, Inc, Schwarzer Cardiotek GmbH, ATRICURE, INC., CardioFocus, Osypyka AG and others.
Recent Developmental Activities in Electrophysiology Devices Market:
In December 2020, Acutus Medical Inc announced the launch of their AcQBlate® Force Sensing Ablation System in Europe after securing the CE Mark for the company's AcQBlate FORCE ablation catheter and the Qubic Force Sensing Module (Qubic Force).
In November 2020, Abbott received the CE mark and Approval from the Australian Regulatory Authority for their EnSite(TM) X EP System, which is equipped with advanced imaging capabilities and allows for the creation of a 3D model of the cardiac anatomy of patients. This system is developed to offer electrophysiologists a smoother platform to help deliver ablation therapy to treat abnormal heart rhythms.
In January 2020, Imricor received CE mark approval for its Vision-MR Ablation Catheter and Vision-MR Dispersive Electrode. This is the first and only company to offer cardiac ablation devices for use in the MRI environment.
Key Takeaways from the Electrophysiology Devices Market Report Study
Market size analysis for current market size (2023), and market forecast for 5 years (2024-2030)
The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the electrophysiology devices market.
Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
Key companies dominating the Global Electrophysiology Devices Market.
Various opportunities are available for the other competitor in the Electrophysiology Devices Market space.
What are the top-performing segments in 2023? How these segments will perform in 2030?
Which are the top-performing regions and countries in the current electrophysiology devices market scenario?
Which are the regions and countries where companies should have concentrated on opportunities for electrophysiology devices market growth in the coming future?
Target Audience who can be benefited from this Electrophysiology Devices Market Report Study
Electrophysiology device products providers
Research organizations and consulting companies
Electrophysiology Devices-related organization, association, forum, and other alliances
Government and corporate offices
Start-up companies, venture capitalists, and private equity firms
Distributors and Traders dealing in electrophysiology devices
Various End-users who want to know more about the Electrophysiology Devices market and the latest technological developments in the Electrophysiology Devices market.
Frequently Asked Questions for Electrophysiology Devices Market:
What is an Electrophysiology Device?
An electrophysiology device helps in the assessment of the electrical activity of the heart. These devices help in the diagnosis as well as in the treatment of diseases related to the electrical system of the heart.
What is the market for Global Electrophysiology Devices?
Global Electrophysiology Devices Market was valued at USD 6.92 billion in 2023, growing at a CAGR of 9.74% during the forecast period from 2024 to 2030, to reach USD 12.08 billion by 2030.
What are the drivers for Global Electrophysiology Devices Market?
The major drivers of the global electrophysiology devices market are the rising cardiovascular disease prevalence, technological advancement in product development, increasing geriatric population, sedentary lifestyle, and increasing focus on making people aware of cardiovascular diseases.
What are the key players operating in Global Electrophysiology Devices Market?
Some of the major players operating in the electrophysiology devices market include Boston Scientific Corporation, Lepu Medical Technology (Beijing) Co. Ltd, GENERAL ELECTRIC COMPANY, Medtronic, Abbott, BIOTRONIK, Microport Scientific Corporation, Acutus Medical, Inc., Imricor, Medical Devices Business Services, Inc. (Johnson & Johnson), Baylis Medical Company, Inc, Schwarzer Cardiotek GmbH, ATRICURE, INC., CardioFocus, Osypyka AG and others.
What region has the highest share in the Electrophysiology Devices market?
North America is expected to account for the largest revenue share in the overall electrophysiology devices market during the forecast period, 2024 to 2030. This high growth in the market can be attributed to the increasing prevalence of cardiovascular diseases such as atrial fibrillation and heart failure and encouraging reimbursement policies in the region, especially in the US.