The electrophysiology catheter market in North America is expected to grow from US$ 1,601.86 million in 2021 to US$ 2,837.99 million by 2028; it is estimated to grow at a CAGR of 8.5% from 2021 to 2028.
Intra-operative magnetic resonance imaging (MRI) improves soft-tissue visualization during catheter manipulation, reducing complications, and readily visualizing the physiological change. If provided with high-quality MR images, it assists in cardiac navigation and robotic catheterization, enhancing the safety and efficiency of EP catheterization. Currently, there is no MR-compatible commercialized robotic system available in the market. However, adopting such an advanced robotic system in the future can benefit electro-physiologists in performing better while conducting cardiac ablation procedures, consequently improving the safety of catheter navigation during the EP procedure, which is further anticipated to drive the market in North America.
According to the report released by the American Heart Association, Inc., COVID-19 is an unprecedented challenge, severely affecting lifestyle as people struggle to follow strict regulations. In addition, COVID-19 severely affecting healthcare delivery by involving cardiac electrophysiology procedures. Most of the patients suffering from cardiovascular disease such as arrhythmias are in critical condition. To avoid such extreme situations, the US leverages virtual care and remote monitoring abilities to assure full support to patients, as electrophysiology procedure is critical for patients suffering from CVDs. Furthermore, a report by the American Heart Association, Inc. states that remote monitoring has been proven to be a powerful tool for off-site cardiac rhythm management among many EP patients with a cardiovascular implantable electronic device (CIED). Remote monitoring is one of the most effective and feasible tools among patient groups for reducing the need for non-urgent clinical visits. Furthermore, telemedicine and digital health platforms, which were limited pre-pandemic due to technical and reimbursement barriers, have proved effective during the pandemic. The centers for Medicare and Medicaid services have expanded telehealth services to keep people safe and assist healthcare providers to focus on individuals that are in the dire need of healthcare. Moreover, the Office for Civil Rights for the US Department of Health and Human Services released a notification of enforcement discretion for telehealth by allowing consultation with the use of audio or non-public facing video communication. Therefore, the accelerated trend of telehealth has been benefitting the North America electrophysiology catheter market growth throughout the pandemic period.
North America Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)
North America Electrophysiology Catheter Market Segmentation
North America Electrophysiology Catheter Market – By Product Type
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Electrophysiology Ablation Catheters
- Cryoablation Electrophysiology Catheter
- Radiofrequency Ablation Catheters
- Microwave Ablation Systems
- Laser Ablation Systems
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Electrophysiology Diagnostic Catheters
- Conventional Electrophysiology Diagnostic Catheters
- Advanced Electrophysiology Diagnostic Catheters
- Ultrasound Electrophysiology Diagnostic Catheters
North America Electrophysiology Catheter Market – By Application
- Diagnosis and Monitoring
- Treatment of Cardiac Arrhythmias
- Imaging and Mapping
North America Electrophysiology Catheter Market – By End User
- Hospitals
- Ambulatory Surgical Centers
- Cardiac Catheterization Labs
North America Electrophysiology Catheter Market– By Country
- US
- Canada
- Mexico
North America Electrophysiology Catheter Market-Companies Mentioned
- Abbott
- APT Medical Inc.
- Biosense Webster (Johnson and Johnson Services, Inc.)
- Biotronik, Inc.
- Boston Scientific Corporation
- Medtronic
- MicroPort Scientific Corporation
- Stryker Corporation
- Transonic Systems Inc.
North America Electrophysiology Catheter Market Strategic Insights
North America Electrophysiology CatheterMarket Report Highlights
| Report Attribute | Details |
| Market size in 2021 | US$ 1,601.86 Million |
| Market Size by 2028 | US$ 2,837.99 Million |
| CAGR (2021 - 2028) | 8.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product Type
|
|
Regions and Countries Covered
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|
| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
|
North America Electrophysiology Catheter Market Country and Regional Insights
