Electrophysiology (EP) Devices Market to Surpass USD 24 billion by 2030, Growing at 12% CAGR

As per MarkNtel The Global Electrophysiology (EP) Devices Market size was valued at around USD 12 Billion in 2024 and is projected to reach USD 24 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period, i.e. 2025-30.

Electrophysiology (EP) Devices Market Systems Market Insights:

This growth is attributed to increasing cardiovascular diseases such as cardiac arrhythmias resulting from changes in the lifestyle of humans globally coupled with increased alcohol and tobacco consumption and unhealthy food intake. Additionally, with the rising elderly population, heart-related diseases around the world are drastically elevating and there is a decrease in fertility rate too. As per the World Bank, the fertility rate was at 2.26 in 2022, resulting in an increase in the number of elderly humans around the world.

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Electrophysiology (EP) Devices Market Systems Market Segmentation:

By Device Type

• Electrophysiology Ablation Catheters

• Cryoablation Electrophysiology Catheters – Market Size & Forecast 2020-2030, USD Million

• Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million

• Irrigated-Tip Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million

• Conventional Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million

• Laser Ablation Systems – Market Size & Forecast 2020-2030, USD Million

• Microwave Ablation Systems – Market Size & Forecast 2020-2030, USD Million

• Navigational Advanced Mapping Accessories – Market Size & Forecast 2020-2030, USD Million

• Electrophysiology Diagnostic Catheters

• Conventional Electrophysiology Diagnostic Catheters

• Steerable Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million

• Fixed Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million

• Advanced Electrophysiology Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million

• Ultrasound Electrophysiology Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million

• Electrophysiology Laboratory Devices – Market Size & Forecast 2020-2030, USD Million

• Access Devices – Market Size & Forecast 2020-2030, USD Million

• Others – Market Size & Forecast 2020-2030, USD Million

By Modality

• Implantable – Market Size & Forecast 2020-2030, USD Million

• External – Market Size & Forecast 2020-2030, USD Million

By Indication

• Atrial Fibrillation (AF) – Market Size & Forecast 2020-2030, USD Million

• Atrial Flutter – Market Size & Forecast 2020-2030, USD Million

• Atrial Tachycardia – Market Size & Forecast 2020-2030, USD Million

• Wolff-Parkinson-White Syndrome (WPW) – Market Size & Forecast 2020-2030, USD Million

• Atrioventricular Nodal Reentry Tachycardia (AVNRT) – Market Size & Forecast 2020-2030, USD Million

• Others – Market Size & Forecast 2020-2030, USD Million

• By End User

• Hospitals – Market Size & Forecast 2020-2030, USD Million

• Diagnostic Centers – Market Size & Forecast 2020-2030, USD Million

• Clinics – Market Size & Forecast 2020-2030, USD Million

• Ambulatory Surgical Centers – Market Size & Forecast 2020-2030, USD Million

• Others – Market Size & Forecast 2020-2030, USD Million

By Region

• North America

• South America

• Europe

• The Middle East and Africa

• Asia-Pacific

Electrophysiology (EP) Devices Market Recent Development:

• November 2024: Boston Scientific Corporation is in its M&A process with the Cortex, which possesses the diagnostic mapping technology to detect atrial fibrillation (AFib) outside the pulmonary veins.

• September 2024: Abbott has announced that it has partnered with iCardio.ai to develop an AI application for its Electrophysiology Imaging technology.

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Electrophysiology (EP) Devices Market Drivers:

Rising Cases of Cardiovascular Diseases (CVD) – Globally, the majority of deaths are caused by chronic diseases. CVD is at the top of them, as these collectively account for more than 30% of all deaths worldwide. The WHO has said that the deaths attributed to CVD have moved up from approximately 12.1 million in 1990 to around 70% and have reached 20.5 million in 2021, reveals the World Heart Foundation. This is primarily because the population is on the rise worldwide. The reduced birth rate around the world, which means a growing older population, will push the incidence of CVD up further.

Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis

  
  

  • In-depth pricing trends and segment-wise cost evaluations

  
  

  • Key industry strategies, including innovation, partnerships, and acquisitions

  
  

  • Critical value chain analysis and stakeholder profiling

  
  

  • Regional import-export market insights and trade flow assessment

  
  

  • Thorough competitive benchmarking of top hearing aid manufacturers

  
  

  • Identification of new growth opportunities and niche market segments

  
  

  • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Electrophysiology (EP) Devices Market are:

• Abbott Laboratories

• Acutus Medical

• Siemens

• Nihon Kohden Corporation

• Biosense Webster

• Boston Scientific Corporation

• GE Healthcare

• Medtronic

• Philips

• Biotronik

• MicroPort Scientific Corporation

• AliveCor

• Bittium Corporation

• Stereotaxis

• Japan Lifeline

• Others

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Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design

• Collect data through surveys and interviews

• Analyze and validate data using reliable tools

• Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a globally recognized market research and consulting firm delivering intelligence across the healthcare industry, spanning pharmaceuticals, medical devices, healthcare IT, and biotechnology. Our analysts combine domain expertise with innovation tracking to help healthcare organizations improve efficiency and patient outcomes. Through Consulting Services, we assist clients in interpreting insights, designing go-to-market strategies, and adapting to regulatory changes, fostering sustainable growth in the evolving global healthcare ecosystem.

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