The Report Titled on “Global Electrophysiology Market – Segmented by Type of Product and Geography – Growth, Trends and Forecasts (2019 – 2023)”, Delivers Information studies of the current situation (with the base year being 2019) and the growth prospects of global Electrophysiology Forecast market 2019-2023.
“Electrophysiology Market Report 2019-2023” helps the consumer to take business decisions and to understand strategies of major players in the industry. The report also calls for market-determined results deriving feasibility survey for consumer needs. Global Electrophysiology Market Report ensures qualified and verifiable aspects of market data operating in the real-time scenario. The analytical studies are conducted ensuring consumer needs with a complete understanding of market capacities in the real-time scenario.
The Key Players covered in this study:-
ABBOTT LABORATORIES, BOSTON SCIENTIFIC, BIOTRONIK SE & CO. KG, GE HEALTHCARE, HANSEN MEDICAL, JOHNSON & JOHNSON, MEDTRONIC INC., SIEMENS HEALTHCARE, NIHON KOHDEN CORPORATION,MICROPORT
Get Sample Copy of this Report – https://www.360researchreports.com/enquiry/request-sample/13100570
Overview of Electrophysiology Market Report:
The global electrophysiology market has been estimated to register a CAGR of 6.5% during the forecast period 2019 to 2023. Although North America dominates the market due to increasing incidences of heart failure and rapid technological advancements, APAC is expected to register the highest CAGR due to increasing cases of arrhythmia and
high adoption rates in emerging market.
Growing Incidence of Arrhythmia and Heart Failure
In Europe and North America, 1-2% of the total healthcare expenditure is attributed to heart failure. In 2016, around 5.5 million people were diagnosed with heart failure in the United States. It is expected that this number would become 8 million by 2030. Since electrophysiology devices has their major applications in detecting the heart failure rates, the increasing cases of heart failures are expected to drive the market in the forecast period.
In addition, rapid growth in ageing population is responsible to increase heart failure rates which is further attributed to contribute in the growth of global electrophysiology market.
Lack of Skilled and Experienced Electro physiologists
As of 2017, in the United States, approximately 6-8% of cardiologists hold a specialization in electrophysiology. Although not a favorable percentage, the EP workforce is more or less stable in the United States. However, due to lack of mobility among the majority of established electro physiologist, there exists a distinct lag in geographical dispersion of the EPs, resulting in a rift between the demand and supply, and a visible disparity among electro physiologists. These lack of skilled electro physiologists is acting as a major restraint for the global electrophysiology market.
Additionally, unfavorable healthcare reforms along with lack of proper reimbursement policies are also responsible for hindering the growth of the market.
North America to Dominate the Market
The electrophysiology market is segmented by product type, and geography. By geography it is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa and South America.
North America dominates the electrophysiology market due to the presence of well-established healthcare facilities and rise in number of arrhythmia and heart failure cases in the region. Asia-Pacific is also expected to propel the electrophysiology market owing to factors, such as increasing accessibility to healthcare facilities in the region, rising medical tourism, and increasing incidences of heart failure cases.
Inquire more or share questions if any for this Report @ https://www.360researchreports.com/enquiry/pre-order-enquiry/13100570
Reasons to Purchase this Report:
Order a copy of Electrophysiology Market Report 2019 @ https://www.360researchreports.com/purchase/13100570
Market Segment by Regions, regional analysis covers
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, Colombia, etc.)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Our Other Reports: CAGR of Digital Forensics Market is expected to grow 9.32% in the year (2018-2023), Predicts Market Research Future, Also Includes Market Analysis, Applications, Product types, Top-most Manufacturers