Electrophysiology
(EPY) Market: Overview
Electrophysiology
studies (EPS) are frequently used in indications of abnormal heart rhythms
(arrhythmias), to understand the underlying causes and help clinicians decide
the most useful treatments. The EPS market has made steady strides on the back
of substantial increase in invasive electrophysiological (EP) testing and
catheter ablation procedures worldwide. Over the past 25 years, techniques for
the placement of catheters have improved substantially. The indications of EPS
are as varied as the genesis are complex, propelling the growth of the EPY
market. Some of the key indications of EPS are supraventricular tachycardia
(SVT), wide QRS complex SVT, ventricular tachycardia (VT), atrioventricular
block, and syncope.
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Some of the other key indications in
the EP market are dilated cardiomyopathy, muscular dystrophies (Duchenne,
Becker), sarcoidosis, post antiarrhythmic surgery, congenital heart disease,
undocumented palpitations, survivors of cardiac arrest, and guiding drug
therapy.
The study offers a critical
assessment of the key clinical avenues shaping the demand for new technologies
and techniques in the healthcare industry. The research presents a data-driven
insight into various growth dynamics, share and size of various key segments, latent
opportunities in some of the emerging segments, and the trends underlying
emerging competitive dynamics.
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Electrophysiology
Market: Key Trends
Growing population with indications
of EPS is a key driver for EPY market. Rise in elderly population and growing
number of adults with high blood pressure are key factors where EPS is
indicated. Also, the rise in incidence of congenital diseases is a key trend
boosting the EPY market. Advances in catheter ablation procedures and growing
number of people with implantable cardioverter defibrillator (ICD) are factors
that have stimulated the uptake of electrophysiology studies, thus boosting the
EPY market.
The EPY market has made some
remarkable advances on the back of technological advances in the equipment
used. C-arm is a key case in point. Advent of specialized EP equipment has
boosted the growth of the electrophysiology market.
Advancements in data acquisition
systems by equipment manufacturers have expanded the avenue for the EPY market.
Rise in incidence of target diseases has boosted the demand for EPS.
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Electrophysiology
Market: Competitive Development Analysis and Key Developments
A few players have in recent years
have engaged in the conduct of retrospective comparative study. One such study
was conducted in Fatima University Medical Center, Philippines, where 12 lead
electrocardiogram and 2D echo was involved. The study was conducted from Jan
2017 to Dec 2017. The indication was Stable coronary artery disease (CAD).
The researchers hoped to shed light
on the development avenue for continuous remote monitoring capabilities in the
EPY market. Such studied are also likely to pave way to the development of EPY
equipment with multiple real?time applications.
Prominent names in the EPY market are
Schwarzer Cardiotek GmbH, TZ Medical, Lepu Medical, Siemens Healthineers, Merit
Medical Systems, CathVision, CardioFocus, Epmap-System, EP Solutions,, Imricor
Medical Systems, MicroPort Scientific Corporation, GE Healthcare, Medtronic,
Abbott Laboratories, Boston Scientific, and Johnson & Johnson.
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Electrophysiology
Market: Regional Assessment
Some of the EPS market are North
America and Asia pacific. The Asia Pacific market is expected to see
substantial revenue streams, growing on the back of the rising awareness about
the benefits of cardiovascular diseases. Also, rise in population with EPS and
improvements in healthcare infrastructure in the emerging economies are fueling
the growth prospects in the regional market.
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