North America Electrophysiology Catheter Market Forecast to 2028 - COVID-19 Impact and Regional 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)

TIPRE00026645 | Pages: 160 | Healthcare IT | Jan 2022 | Type: Regional | Status: Published

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 Revenue and Forecast to 2028 (US$ Million)

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North America Electrophysiology Catheter Market Segmentation

North America 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

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.

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Electrophysiology Catheter Market – By Product Type

1.3.2        North America Electrophysiology Catheter Market – By Application

1.3.3        North America Electrophysiology Catheter Market – By End User

1.3.4        North America Electrophysiology Catheter Market – By Country

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Electrophysiology Catheter Market – Market Landscape

4.1         Overview

4.2         PEST Analysis

4.2.1        North America PEST Analysis

4.3         Experts Opinion

5.           North America Electrophysiology Catheter Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        High Prevalence of Cardiovascular Disorders

5.1.2        Technological Advancement Fuels Electrophysiology Catheters Market

5.2         Market Restraints

5.2.1        High Cost of Electrophysiology Catheters

5.3         Market Opportunities

5.3.1        Robotics in Electrophysiology Catheterization Procedures

5.4         Future Trends

5.4.1        Wireless and Software-based Diagnostic Procedure

5.5         Impact Analysis

6.           Electrophysiology Catheter Market– North America Analysis

6.1         North America Electrophysiology Catheter Market Revenue Forecast and Analysis to 2028 (US$ Million)

7.           North America Electrophysiology Catheter Market Revenue and Forecasts to 2028– by Product Type

7.1         Overview

7.2         North America Electrophysiology Catheter Market, By Product Type, 2021 & 2028 (%)

7.3         Electrophysiology Diagnostic Catheters

7.3.1        Overview

7.3.2        Electrophysiology Diagnostic Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

7.3.2.1          Conventional Electrophysiology Diagnostic Catheters

7.3.2.1.1          Overview

7.3.2.1.2          Conventional Electrophysiology Diagnostic Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

7.3.2.2          Advanced Electrophysiology Diagnostic Catheters

7.3.2.2.1          Overview

7.3.2.2.2          Advanced Electrophysiology Diagnostic Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

7.3.2.3          Ultrasound Electrophysiology Diagnostic Catheters

7.3.2.3.1          Overview

7.3.2.3.2          Ultrasound Electrophysiology Diagnostic Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

7.4         Electrophysiology Ablation Catheters

7.4.1        Overview

7.4.2        Electrophysiology Ablation Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.1          Cryoablation Electrophysiology Catheter

7.4.2.1.1          Overview

7.4.2.1.2          Cryoablation Electrophysiology Catheter: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.2          Radiofrequency Ablation Catheters

7.4.2.2.1          Overview

7.4.2.2.2          Radiofrequency Ablation Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.3          Microwave Ablation Systems

7.4.2.3.1          Overview

7.4.2.3.2          Microwave Ablation Systems: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

7.4.2.4          Laser Ablation Systems

7.4.2.4.1          Overview

7.4.2.4.2          Laser Ablation Systems: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

8.           North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 – by Application

8.1         Overview

8.2         North America Electrophysiology Catheter Market Share by Segment - 2021 & 2028 (%)

8.3         Diagnosis and Monitoring

8.3.1        Overview

8.3.2        Diagnosis and Monitoring: North America Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)

8.4         Treatment of Cardiac Arrhythmias

8.4.1        Overview

8.4.2        Treatment of Cardiac Arrhythmias: North America Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)

8.5         Imaging and Mapping

8.5.1        Overview

8.5.2        Imaging and Mapping: North America Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)

9.           North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 – by End User

9.1         Overview

9.1.1        North America Electrophysiology Catheter Market Share by Segment - 2021 & 2028 (%)

9.2         Hospitals

9.2.1        Overview

9.2.2        Hospitals: North America Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)

9.3         Ambulatory Surgical Centre

9.3.1        Overview

9.3.2        Ambulatory Surgical Centre: North America Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)

9.4         Cardiac Catheterization Labs

9.4.1        Overview

9.4.2        Cardiac Catheterization Labs: North America Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)

10.        North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 – Country Analysis

10.1      North America: Electrophysiology Catheter Market

10.1.1     Overview

10.1.2     North America: Electrophysiology Catheter Market, by Country, 2021 & 2028 (%)

10.1.2.1       US: Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.1.1       Overview

10.1.2.1.2       US: Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.1.2.1    US: Electrophysiology Catheter Market, by Product Type, 2019–2028 (US$ Million)

10.1.2.1.2.2    US: Electrophysiology Catheter Market, by Electrophysiology Diagnostic Catheters Product Type, 2019–2028 (US$ Million)

10.1.2.1.3       US: Electrophysiology Catheter Market, by Electrophysiology Ablation Catheters Product Type, 2019–2028 (US$ Million)

10.1.2.1.4       US: Electrophysiology Catheter Market, by Application, 2019–2028 (US$ Million)

10.1.2.1.5       US: Electrophysiology Catheter Market, by End User, 2019–2028 (US$ Million)

10.1.2.2       Canada: Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.2.1       Overview

10.1.2.2.2       Canada: Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.2.3       Canada: Electrophysiology Catheter Market, by Product Type- 2019–2028 (US$ Million)

10.1.2.2.3.1    Canada: Electrophysiology Catheter Market, by Electrophysiology Diagnostic Catheter Product Type, 2019–2028 (US$ Million)

10.1.2.2.4       Canada: Electrophysiology Catheter Market, by Electrophysiology Ablation Catheters Product Type, 2019–2028 (US$ Million)

10.1.2.2.4.1    Canada: Electrophysiology Catheter Market, by Application, 2019–2028 (US$ Million)

10.1.2.2.4.2    Canada: Electrophysiology Catheter Market, by End User, 2019–2028 (US$ Million)

10.1.2.3       Mexico: Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.3.1       Overview

10.1.2.3.2       Mexico: Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.3.3       Mexico: Electrophysiology Catheter Market, by Product Type, 2019–2028 (US$ Million)

10.1.2.3.3.1    Mexico: Electrophysiology Catheter Market, by Electrophysiology Diagnostic Catheters Product Type-, 2019–2028 (US$ Million)

10.1.2.3.4       Mexico: Electrophysiology Catheter Market, by Electrophysiology Ablation Catheters Product Type, 2019–2028 (US$ Million)

10.1.2.3.4.1    Mexico: Electrophysiology Catheter Market, by Application, 2019–2028 (US$ Million)

10.1.2.3.4.2    Mexico: Electrophysiology Catheter Market, by End User, 2019–2028 (US$ Million)

11.        Impact Of COVID-19 Pandemic on North America Electrophysiology Catheter Market

11.1      North America: Impact Assessment of COVID-19 Pandemic

12.        North America Electrophysiology Catheter Market–Industry Landscape

12.1      Overview

12.2      Organic Developments

12.2.1     Overview

12.3      Inorganic Developments

12.3.1     Overview

13.        Company Profiles

13.1      Abbott

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Boston Scientific Corporation

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Stryker Corporation

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Medtronic

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Transonic Systems Inc.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      APT MEDICAL INC.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      MicroPort Scientific Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Biosense Webster (Johnson and Johnson Services, Inc.)

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Biotronik, Inc.

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary of Terms

 


LIST OF TABLES

Table 1.             North America Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             US Electrophysiology Catheter Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             US Electrophysiology Catheter Market, by Electrophysiology Diagnostic Catheters Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             US Electrophysiology Catheter Market, by Electrophysiology Ablation Catheters Product Type – Revenue and Forecast to 2028  (US$ Million)

Table 5.             US Electrophysiology Catheter Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6.             US Electrophysiology Catheter Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada: Electrophysiology Catheter Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Canada: Electrophysiology Catheter Market, by Electrophysiology Diagnostic Catheter Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Canada Electrophysiology Catheter Market, by Electrophysiology Ablation Catheters Product Type– Revenue and Forecast to 2028  (US$ Million)

Table 10.          Canada Electrophysiology Catheter Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Canada Electrophysiology Catheter Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Mexico: Electrophysiology Catheter Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Mexico: Electrophysiology Catheter Market, by Electrophysiology Diagnostic Catheters Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Mexico Electrophysiology Catheter Market, by Electrophysiology Ablation Catheters Product Type – Revenue and Forecast to 2028  (US$ Million)

Table 15.          Mexico Electrophysiology Catheter Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 16.          Mexico Electrophysiology Catheter Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Organic Developments in the Electrophysiology Catheter Market

Table 18.          Inorganic Developments in the Electrophysiology Catheter Market

Table 19.          Glossary of Terms

 


LIST OF FIGURES

Figure 1.           North America Electrophysiology Catheter Market Segmentation

Figure 2.           North America Electrophysiology Catheter Market, By Country

Figure 3.           North America Electrophysiology Catheter Market Overview

Figure 4.           Electrophysiology Diagnostic Catheters Segment Held Largest Share of Product Type Segment in North America Electrophysiology Catheter Market

Figure 5.           US is Expected to Show Remarkable Growth During the Forecast Period

Figure 6.           North America: PEST Analysis

Figure 7.           Experts Opinion

Figure 8.           Impact Analysis of Driver and Restraints Pertaining to North America Electrophysiology Catheter Market

Figure 9.           North America Electrophysiology Catheter Market –Forecast and Analysis to 2028 (US$ Million)

Figure 10.        North America Electrophysiology Catheter Market, by Product Type, 2021 & 2028 (%)

Figure 11.        Electrophysiology Diagnostic Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 12.        Conventional Electrophysiology Diagnostic Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 13.        Advanced Electrophysiology Diagnostic Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 14.        Ultrasound Electrophysiology Diagnostic Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 15.        Electrophysiology Ablation Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 16.        Cryoablation Electrophysiology Catheter: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 17.        Radiofrequency Ablation Catheters: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 18.        Microwave Ablation Systems: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 19.        Laser Ablation Systems: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 20.        North America Electrophysiology Catheter Market Share by Segment - 2021 & 2028 (%)

Figure 21.        Diagnosis and Monitoring: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 22.        Treatment of Cardiac Arrhythmias: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 23.        Imaging and Mapping: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 24.        North America Electrophysiology Catheter Market Share by Segment - 2021 & 2028 (%)

Figure 25.        Hospitals: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 26.        Ambulatory Surgical Centre: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 27.        Cardiac Catheterization Labs: North America Electrophysiology Catheter Market Revenue and Forecasts to 2028 (US$ Million)

Figure 28.        North America: Electrophysiology Catheter Market, by Key Country – Revenue (2021) (US$ Million)

Figure 29.        North America: Electrophysiology Catheter Market, by Country, 2021 & 2028 (%)

Figure 30.        US: Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Canada: Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Mexico: Electrophysiology Catheter Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Impact of COVID-19 Pandemic in North American Country Markets

  1. Abbott
  2. APT Medical Inc.
  3. Biosense Webster (Johnson and Johnson Services, Inc.)
  4. Biotronik, Inc.
  5. Boston Scientific Corporation
  6. Medtronic
  7. MicroPort Scientific Corporation
  8. Stryker Corporation
  9. Transonic Systems Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Electrophysiology Catheter Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America Electrophysiology Catheter Market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Electrophysiology Catheter Market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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