North America Electrophysiology Market Global Manufacturers, Comprehensive Analysis, Future Prospects, Regional Trends from 2023 to 2028

The North America electrophysiology market is expected to grow from US$ 2955.68 million in 2022 to US$ 5361.98 million by 2028; it is estimated to grow at a CAGR of 10.4% from 2022 to 2028.

๐Ÿ“š๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ@ https://www.businessmarketinsights.com/sample/BMIRE00026286

 

The geriatric population is prone to various ailments, such as abdominal discomfort and cardiovascular disease. The growing aging population base and the increasing prevalence of cardiac arrhythmia are a few of the major factors driving the electrophysiology market growth as electrophysiological devices are used to diagnose these disorders in the geriatric population. According to the World Health Organization (WHO), the geriatric population worldwide will grow from ~1 billion in 2019 to ~2.1 billion by 2050. Moreover, as per the US Census Bureau, in 2009, ~13% of the US population was aged 65 and over, and it is estimated that it will increase by 20% by 2028. Therefore, to cater to the growing patient population, market players are developing effective products that will benefit the electrophysiology market growth.

 

๐Ÿ“š๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค @ https://www.businessmarketinsights.com/reports/north-america-electrophysiology-market

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Abbott

Biotronik, Inc.

Boston Scientific Corporation

CardioFocus

GE Healthcare

Johnson & Johnson Services, Inc.

Koninklijke Philips N.V.

Medtronic

MicroPort Scientific Corporation

Siemens Healthineers Aga

The electrophysiology market is a dynamic and rapidly expanding segment within the broader medical device industry, driven by the increasing prevalence of cardiovascular diseases, particularly arrhythmias. Electrophysiology, at its core, involves the study and treatment of the heart's electrical activity, and the market encompasses a wide range of products and procedures, including diagnostic catheters, ablation catheters, cardiac monitors, and mapping systems. The escalating geriatric population, who are more susceptible to cardiac rhythm disorders such as atrial fibrillation (AFib) and ventricular tachycardia, is a significant growth driver. Furthermore, advancements in technology, such as 3D mapping and robotic navigation, are enhancing the precision and efficacy of electrophysiology procedures, leading to better patient outcomes and increased adoption.

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