Asia Pacific Electrophysiology Catheter Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Product Type (Electrophysiology Diagnostic Catheters and Electrophysiology Ablation Catheters), Application (Diagnosis and Monitoring, Imaging and Mapping, and Treatment of Cardiac Arrhythmias), and End User (Hospitals, Ambulatory Surgical Centers, and Cardiac Catheterization Labs)

No. of Pages: 177
Report Code: TIPRE00026838
Category: Life Sciences
Asia Pacific Electrophysiology Catheter Market
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The electrophysiology catheter market in Asia Pacific is expected to grow from US$ 918.81 million in 2021 to US$ 1,677.80 million by 2028; it is estimated to grow at a CAGR of 9.0% from 2021 to 2028.

A report by NCBI states that, nowadays, there is a strong focus on robotic systems developed to manipulate and position electrophysiology catheters. For example, Catheter Robotics EP catheter-based remote catheter manipulation system (RCMS) appears safe and efficient in directing EP catheters to intracardiac sites and achieving pacing thresholds and electrograms equivalent to manually placed catheters. Apart from that, 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 Asia Pacific.

 

As per the Worldometer data as of March 2021, China, Japan, India, South Korea, and Australia have reported 90,066; 448,688; 11,438,734; 96,849; and 29,151 COVID-19 cases, respectively. The shrinking economies of many countries are limiting the progress of sectors such as pharmaceuticals. The extended pandemic period, combined with concerns about economic recovery, further harm the pharmaceutical business in Asia Pacific. A few research institutes in this region are actively participating in research targeted at the management of COVID-19. The major traction toward the management of COVID-19 has hampered the detection and treatment of noncommunicable diseases. It led to a significant and abrupt reduction in cardiovascular diagnostic testing across APAC.

 

 Revenue and Forecast to 2028 (US$ Million)

  Asia Pacific Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Electrophysiology Catheter Market Segmentation 
 Asia Pacific Electrophysiology Catheter Market – By Product Type

  • Electrophysiology Ablation Catheters
    • Cryoablation Electrophysiology Catheter
    • Radiofrequency Ablation Catheters
    • Microwave Ablation Systems
    • Laser Ablation Systems
  • Electrophysiology Diagnostic Catheters
    • Conventional Electrophysiology Diagnostic Catheters
    • Advanced Electrophysiology Diagnostic Catheters
    • Ultrasound Electrophysiology Diagnostic Catheters

Asia Pacific Electrophysiology Catheter Market – By Application

  • Diagnosis and Monitoring
  • Treatment of Cardiac Arrhythmias
  • Imaging and Mapping

Asia Pacific Electrophysiology Catheter Market – By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Cardiac Catheterization Labs

Asia Pacific Electrophysiology Catheter Market– By Country

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific

Asia Pacific Electrophysiology Catheter Market-Companies Mentioned

  • Abbott
  • APT Medical Inc.
  • Biosense Webster (Johnson and Johnson Services, Inc.)
  • Biotronik, Inc.
  • Boston Scientific Corporation
  • Medtronic
  • CathRx Ltd
  • MicroPort Scientific Corporation
  • Stryker Corporation
  • Transonic Systems Inc.

Asia Pacific Electrophysiology Catheter Market Strategic Insights

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Asia Pacific Electrophysiology Catheter Market Segmentation Analysis

Asia Pacific Electrophysiology Catheter Market Report Highlights

Asia Pacific Electrophysiology Catheter Report Scope

Report Attribute Details
Market size in 2021 US$ 918.81 Million
Market Size by 2028 US$ 1,677.80 Million
CAGR (2021 - 2028) 9.0%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product Type
  • Electrophysiology Diagnostic Catheters and Electrophysiology Ablation Catheters
By Application
  • Diagnosis and Monitoring
  • Imaging and Mapping
  • Treatment of Cardiac Arrhythmias
By End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Cardiac Catheterization Labs
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Abbott
  • APT Medical Inc.
  • Biosense Webster (Johnson and Johnson Services, Inc.)
  • Biotronik, Inc.
  • Boston Scientific Corporation
  • CathRx Ltd
  • Medtronic
  • MicroPort Scientific Corporation
  • Stryker Corporation
  • Transonic Systems Inc.
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Asia Pacific Electrophysiology Catheter Market Country and Regional Insights

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Identical Market Reports with other Region/Countries

The List of Companies - Asia Pacific Electrophysiology Catheter Market

  1. Abbott
  2. APT Medical Inc.
  3. Biosense Webster (Johnson and Johnson Services, Inc.)
  4. Biotronik, Inc.
  5. Boston Scientific Corporation
  6. CathRx Ltd
  7. Medtronic
  8. MicroPort Scientific Corporation
  9. Stryker Corporation
  10. Transonic Systems Inc.
Frequently Asked Questions
How big is the Asia Pacific Electrophysiology Catheter Market?

The Asia Pacific Electrophysiology Catheter Market is valued at US$ 918.81 Million in 2021, it is projected to reach US$ 1,677.80 Million by 2028.

What is the CAGR for Asia Pacific Electrophysiology Catheter Market by (2021 - 2028)?

As per our report Asia Pacific Electrophysiology Catheter Market, the market size is valued at US$ 918.81 Million in 2021, projecting it to reach US$ 1,677.80 Million by 2028. This translates to a CAGR of approximately 9.0% during the forecast period.

What segments are covered in this report?

The Asia Pacific Electrophysiology Catheter Market report typically cover these key segments-

  • Product Type (Electrophysiology Diagnostic Catheters and Electrophysiology Ablation Catheters)
  • Application (Diagnosis and Monitoring, Imaging and Mapping, Treatment of Cardiac Arrhythmias)
  • End User (Hospitals, Ambulatory Surgical Centers, Cardiac Catheterization Labs)

What is the historic period, base year, and forecast period taken for Asia Pacific Electrophysiology Catheter Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Electrophysiology Catheter Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
    • Who are the major players in Asia Pacific Electrophysiology Catheter Market?

    The Asia Pacific Electrophysiology Catheter Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Abbott
  • APT Medical Inc.
  • Biosense Webster (Johnson and Johnson Services, Inc.)
  • Biotronik, Inc.
  • Boston Scientific Corporation
  • CathRx Ltd
  • Medtronic
  • MicroPort Scientific Corporation
  • Stryker Corporation
  • Transonic Systems Inc.
    • Who should buy this report?

    The Asia Pacific Electrophysiology Catheter Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Electrophysiology Catheter Market value chain can benefit from the information contained in a comprehensive market report.

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