The Europe Electrophysiology Market would witness market growth of 8.4% CAGR during the forecast period (2022-2028).
Rising cases of arrhythmia is causing the increase in the demand for electrophysiology devices. In addition, the growing senior population, which is more sensitive to such medical conditions, is boosting the market growth. The growing knowledge of the advantages of EP devices, which have lower dangers & higher success rates than previously utilized devices, has given the market a good outlook. In addition, breakthrough technologies like cryo, laser, & ultrasound ablation, as well as sophisticated mapping systems, are fueling market expansion. Compact and portable varieties are being developed by product makers for patients suffering from hypertension, diabetes, and other medical conditions. Other reasons, such as the growing need for EP devices for continuous monitoring, diagnosis, and treatment of CVDs in both home and hospital settings, as well as considerable advancements in healthcare infrastructure, are likely to fuel the market even more.
As per 2019 figures from the European Society of Cardiology, over 6 million instances of cardiovascular diseases (CVDs) were diagnosed in the European Union, with approximately 11 million CVD cases reported in entire Europe. CVDs are also responsible for roughly 3.9 million deaths in Europe each year. The increasing incidence of cardiovascular disorders is likely to boost the market throughout the forecast period since electrophysiological devices have substantial applications in identifying heart failure rates.
Cryoablation for persistent Atrial Fibrillation was found to be secure, effective, & time-saving, with improved health outcomes in long-term follow-up, according to a study published in Europace in 2020. Additionally, the presence of key players in European countries, as well as the rising trend of product approvals, are projected to propel the studied segment's expansion in the region. For example, Adagio Medical's intelligent Continuous Lesion Ablation System (iCLAS) got a CE mark in June 2020 for use in the endocardial treatment of paroxysmal and chronic atrial fibrillation and atrial flutter. Likewise, CardioFocus Inc., or evaluated the CE mark for its HeartLight X3 Endoscopic Ablation System in April 2019, which employs laser energy in a pulmonary vein isolation operation to produce lines of scar tissue to block the faulty electrical pathways that cause atrial fibrillation.
The Germany market dominated the Europe Electrophysiology Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $773.2 million by 2028. The UK market is anticipated to grow at a CAGR of 7.5% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 9.2% during (2022 - 2028).
Based on Type, the market is segmented into Electrophysiology Laboratory Devices, Electrophysiology Diagnostic Catheters, Electrophysiology Ablation Catheters, Electrophysiology Access Devices, and Others. Based on Electrophysiology Laboratory Devices Type, the market is segmented into ICE Ultrasound Imaging Systems, Electrophysiology X-Ray Systems, Radiofrequency (RF) Ablation Systems, 3D Mapping Systems & Electrophysiology Recording Systems, and Electrophysiology Remote Magnetic & Robotic Navigation Systems. Based on Electrophysiology Diagnostic Catheters Type, the market is segmented into Conventional, Ultrasound, and Advanced. Based on Electrophysiology Ablation Catheters Type, the market is segmented into Laser, Cryoablation, and Radiofrequency (RF) & Microwave. Based on End User, the market is segmented into Hospitals & Cardiac centres, and Ambulatory Surgery Centers. Based on Indication type, the market is segmented into Atrial Fibrillation, Atrial Flutter, AVNRT & WPW, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Electrophysiology Market Size will Hit $11.9 Billion by 2028, at a CAGR of 8.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abbott Laboratories, Boston Scientific Corporation, General Electric (GE) Co. (GE Healthcare), Medtronic PLC, Koninklijke Philips N.V., Siemens Healthineers AG, Johnson & Johnson, MicroPort Scientific Corporation, Stereotaxis Inc., and Acutus Medical, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Electrophysiology Laboratory Devices
- ICE Ultrasound Imaging Systems
- Electrophysiology X-Ray Systems
- Radiofrequency (RF) Ablation Systems
- 3D Mapping Systems & Electrophysiology Recording Systems
- Electrophysiology Remote Magnetic & Robotic Navigation Systems
- Electrophysiology Diagnostic Catheters
- Conventional
- Ultrasound
- Advanced
- Electrophysiology Ablation Catheters
- Laser
- Cryoablation
- Radiofrequency (RF) & Microwave
- Electrophysiology Access Devices
- Others
By End User
- Hospitals & Cardiac centres
- Ambulatory Surgery Centers
By Indication type
- Atrial Fibrillation
- Atrial Flutter
- AVNRT & WPW
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Abbott Laboratories
- Boston Scientific Corporation
- General Electric (GE) Co. (GE Healthcare)
- Medtronic PLC
- Koninklijke Philips N.V.
- Siemens Healthineers AG
- Johnson & Johnson
- MicroPort Scientific Corporation
- Stereotaxis Inc.
- Acutus Medical, Inc.
TABLE 1 Europe Electrophysiology Market, 2018 - 2021, USD Million
TABLE 2 Europe Electrophysiology Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Electrophysiology Market
TABLE 4 Approvals and Trials - ELECTROPHYSIOLOGY MARKET
TABLE 5 Product Launches And Product Expansions– Electrophysiology Market
TABLE 6 Acquisition and Mergers– Electrophysiology Market
TABLE 7 Europe Electrophysiology Market by Type, 2018 - 2021, USD Million
TABLE 8 Europe Electrophysiology Market by Type, 2022 - 2028, USD Million
TABLE 9 Europe Electrophysiology Laboratory Devices Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Electrophysiology Laboratory Devices Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2018 - 2021, USD Million
TABLE 12 Europe Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2022 - 2028, USD Million
TABLE 13 Europe ICE Ultrasound Imaging Systems Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe ICE Ultrasound Imaging Systems Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Electrophysiology X-Ray Systems Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Electrophysiology X-Ray Systems Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Radiofrequency (RF) Ablation Systems Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Radiofrequency (RF) Ablation Systems Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe 3D Mapping Systems & Electrophysiology Recording Systems Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe 3D Mapping Systems & Electrophysiology Recording Systems Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Electrophysiology Remote Magnetic & Robotic Navigation Systems Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Electrophysiology Remote Magnetic & Robotic Navigation Systems Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Electrophysiology Diagnostic Catheters Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Electrophysiology Diagnostic Catheters Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2018 - 2021, USD Million
TABLE 26 Europe Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2022 - 2028, USD Million
TABLE 27 Europe CONVENTIONAL MARKET by Country, 2018 - 2021, USD Million
TABLE 28 Europe Conventional Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Ultrasound Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Ultrasound Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Advanced Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Advanced Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Electrophysiology Ablation Catheters Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Electrophysiology Ablation Catheters Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2018 - 2021, USD Million
TABLE 36 Europe Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2022 - 2028, USD Million
TABLE 37 Europe Laser Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Laser Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Cryoablation Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Cryoablation Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe Radiofrequency (RF) & Microwave Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Radiofrequency (RF) & Microwave Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe Electrophysiology Access Devices Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Electrophysiology Access Devices Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Electrophysiology Market by End User, 2018 - 2021, USD Million
TABLE 48 Europe Electrophysiology Market by End User, 2022 - 2028, USD Million
TABLE 49 Europe Hospitals & Cardiac centres Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe Hospitals & Cardiac centres Market by Country, 2022 - 2028, USD Million
TABLE 51 Europe Ambulatory Surgery Centers Market by Country, 2018 - 2021, USD Million
TABLE 52 Europe Ambulatory Surgery Centers Market by Country, 2022 - 2028, USD Million
TABLE 53 Europe Electrophysiology Market by Indication type, 2018 - 2021, USD Million
TABLE 54 Europe Electrophysiology Market by Indication type, 2022 - 2028, USD Million
TABLE 55 Europe Atrial Fibrillation Market by Country, 2018 - 2021, USD Million
TABLE 56 Europe Atrial Fibrillation Market by Country, 2022 - 2028, USD Million
TABLE 57 Europe Atrial Flutter Market by Country, 2018 - 2021, USD Million
TABLE 58 Europe Atrial Flutter Market by Country, 2022 - 2028, USD Million
TABLE 59 Europe AVNRT & WPW Market by Country, 2018 - 2021, USD Million
TABLE 60 Europe AVNRT & WPW Market by Country, 2022 - 2028, USD Million
TABLE 61 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 62 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 63 Europe Electrophysiology Market by Country, 2018 - 2021, USD Million
TABLE 64 Europe Electrophysiology Market by Country, 2022 - 2028, USD Million
TABLE 65 Germany Electrophysiology Market, 2018 - 2021, USD Million
TABLE 66 Germany Electrophysiology Market, 2022 - 2028, USD Million
TABLE 67 Germany Electrophysiology Market by Type, 2018 - 2021, USD Million
TABLE 68 Germany Electrophysiology Market by Type, 2022 - 2028, USD Million
TABLE 69 Germany Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2018 - 2021, USD Million
TABLE 70 Germany Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2022 - 2028, USD Million
TABLE 71 Germany Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2018 - 2021, USD Million
TABLE 72 Germany Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2022 - 2028, USD Million
TABLE 73 Germany Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2018 - 2021, USD Million
TABLE 74 Germany Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2022 - 2028, USD Million
TABLE 75 Germany Electrophysiology Market by End User, 2018 - 2021, USD Million
TABLE 76 Germany Electrophysiology Market by End User, 2022 - 2028, USD Million
TABLE 77 Germany Electrophysiology Market by Indication type, 2018 - 2021, USD Million
TABLE 78 Germany Electrophysiology Market by Indication type, 2022 - 2028, USD Million
TABLE 79 UK Electrophysiology Market, 2018 - 2021, USD Million
TABLE 80 UK Electrophysiology Market, 2022 - 2028, USD Million
TABLE 81 UK Electrophysiology Market by Type, 2018 - 2021, USD Million
TABLE 82 UK Electrophysiology Market by Type, 2022 - 2028, USD Million
TABLE 83 UK Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2018 - 2021, USD Million
TABLE 84 UK Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2022 - 2028, USD Million
TABLE 85 UK Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2018 - 2021, USD Million
TABLE 86 UK Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2022 - 2028, USD Million
TABLE 87 UK Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2018 - 2021, USD Million
TABLE 88 UK Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2022 - 2028, USD Million
TABLE 89 UK Electrophysiology Market by End User, 2018 - 2021, USD Million
TABLE 90 UK Electrophysiology Market by End User, 2022 - 2028, USD Million
TABLE 91 UK Electrophysiology Market by Indication type, 2018 - 2021, USD Million
TABLE 92 UK Electrophysiology Market by Indication type, 2022 - 2028, USD Million
TABLE 93 France Electrophysiology Market, 2018 - 2021, USD Million
TABLE 94 France Electrophysiology Market, 2022 - 2028, USD Million
TABLE 95 France Electrophysiology Market by Type, 2018 - 2021, USD Million
TABLE 96 France Electrophysiology Market by Type, 2022 - 2028, USD Million
TABLE 97 France Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2018 - 2021, USD Million
TABLE 98 France Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2022 - 2028, USD Million
TABLE 99 France Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2018 - 2021, USD Million
TABLE 100 France Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2022 - 2028, USD Million
TABLE 101 France Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2018 - 2021, USD Million
TABLE 102 France Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2022 - 2028, USD Million
TABLE 103 France Electrophysiology Market by End User, 2018 - 2021, USD Million
TABLE 104 France Electrophysiology Market by End User, 2022 - 2028, USD Million
TABLE 105 France Electrophysiology Market by Indication type, 2018 - 2021, USD Million
TABLE 106 France Electrophysiology Market by Indication type, 2022 - 2028, USD Million
TABLE 107 Russia Electrophysiology Market, 2018 - 2021, USD Million
TABLE 108 Russia Electrophysiology Market, 2022 - 2028, USD Million
TABLE 109 Russia Electrophysiology Market by Type, 2018 - 2021, USD Million
TABLE 110 Russia Electrophysiology Market by Type, 2022 - 2028, USD Million
TABLE 111 Russia Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2018 - 2021, USD Million
TABLE 112 Russia Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2022 - 2028, USD Million
TABLE 113 Russia Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2018 - 2021, USD Million
TABLE 114 Russia Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2022 - 2028, USD Million
TABLE 115 Russia Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2018 - 2021, USD Million
TABLE 116 Russia Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2022 - 2028, USD Million
TABLE 117 Russia Electrophysiology Market by End User, 2018 - 2021, USD Million
TABLE 118 Russia Electrophysiology Market by End User, 2022 - 2028, USD Million
TABLE 119 Russia Electrophysiology Market by Indication type, 2018 - 2021, USD Million
TABLE 120 Russia Electrophysiology Market by Indication type, 2022 - 2028, USD Million
TABLE 121 Spain Electrophysiology Market, 2018 - 2021, USD Million
TABLE 122 Spain Electrophysiology Market, 2022 - 2028, USD Million
TABLE 123 Spain Electrophysiology Market by Type, 2018 - 2021, USD Million
TABLE 124 Spain Electrophysiology Market by Type, 2022 - 2028, USD Million
TABLE 125 Spain Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2018 - 2021, USD Million
TABLE 126 Spain Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2022 - 2028, USD Million
TABLE 127 Spain Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2018 - 2021, USD Million
TABLE 128 Spain Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2022 - 2028, USD Million
TABLE 129 Spain Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2018 - 2021, USD Million
TABLE 130 Spain Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2022 - 2028, USD Million
TABLE 131 Spain Electrophysiology Market by End User, 2018 - 2021, USD Million
TABLE 132 Spain Electrophysiology Market by End User, 2022 - 2028, USD Million
TABLE 133 Spain Electrophysiology Market by Indication type, 2018 - 2021, USD Million
TABLE 134 Spain Electrophysiology Market by Indication type, 2022 - 2028, USD Million
TABLE 135 Italy Electrophysiology Market, 2018 - 2021, USD Million
TABLE 136 Italy Electrophysiology Market, 2022 - 2028, USD Million
TABLE 137 Italy Electrophysiology Market by Type, 2018 - 2021, USD Million
TABLE 138 Italy Electrophysiology Market by Type, 2022 - 2028, USD Million
TABLE 139 Italy Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2018 - 2021, USD Million
TABLE 140 Italy Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2022 - 2028, USD Million
TABLE 141 Italy Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2018 - 2021, USD Million
TABLE 142 Italy Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2022 - 2028, USD Million
TABLE 143 Italy Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2018 - 2021, USD Million
TABLE 144 Italy Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2022 - 2028, USD Million
TABLE 145 Italy Electrophysiology Market by End User, 2018 - 2021, USD Million
TABLE 146 Italy Electrophysiology Market by End User, 2022 - 2028, USD Million
TABLE 147 Italy Electrophysiology Market by Indication type, 2018 - 2021, USD Million
TABLE 148 Italy Electrophysiology Market by Indication type, 2022 - 2028, USD Million
TABLE 149 Rest of Europe Electrophysiology Market, 2018 - 2021, USD Million
TABLE 150 Rest of Europe Electrophysiology Market, 2022 - 2028, USD Million
TABLE 151 Rest of Europe Electrophysiology Market by Type, 2018 - 2021, USD Million
TABLE 152 Rest of Europe Electrophysiology Market by Type, 2022 - 2028, USD Million
TABLE 153 Rest of Europe Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2018 - 2021, USD Million
TABLE 154 Rest of Europe Electrophysiology Market by Electrophysiology Laboratory Devices Type, 2022 - 2028, USD Million
TABLE 155 Rest of Europe Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2018 - 2021, USD Million
TABLE 156 Rest of Europe Electrophysiology Market by Electrophysiology Diagnostic Catheters Type, 2022 - 2028, USD Million
TABLE 157 Rest of Europe Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2018 - 2021, USD Million
TABLE 158 Rest of Europe Electrophysiology Market by Electrophysiology Ablation Catheters Type, 2022 - 2028, USD Million
TABLE 159 Rest of Europe Electrophysiology Market by End User, 2018 - 2021, USD Million
TABLE 160 Rest of Europe Electrophysiology Market by End User, 2022 - 2028, USD Million
TABLE 161 Rest of Europe Electrophysiology Market by Indication type, 2018 - 2021, USD Million
TABLE 162 Rest of Europe Electrophysiology Market by Indication type, 2022 - 2028, USD Million
TABLE 163 Key Information – Abbott Laboratories
TABLE 164 key Information – Boston Scientific Corporation
TABLE 165 Key Information – General Electric (GE) Co.
TABLE 166 Key Information – Medtronic PLC
TABLE 167 Key Information – Koninklijke Philips N.V.
TABLE 168 Key Information – Siemens Healthineers AG
TABLE 169 Key information –Johnson & Johnson
TABLE 170 key Information – MicroPort Scientific Corporation
TABLE 171 key Information – Stereotaxis Inc.
TABLE 172 Key Information – Acutus Medical, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2020, May – 2022, Apr) Leading Players
FIG 5 Recent Strategies and Developments: Abbott Laboratories
FIG 6 Swot analysis: General electric (GE) Co.
FIG 7 Recent Strategies and Developments: Abbott Medtronic PLC
FIG 8 Recent Strategies and Developments: Koninklijke Philips N.V.
FIG 9 Recent Strategies and Developments: MicroPort Scientific Corporation