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Electrophysiology Market Size

  • Report ID: GMI2968
  • Published Date: Nov 2024
  • Report Format: PDF

Electrophysiology Market Size

The global electrophysiology market size was valued at USD 6.9 billion in 2024 and is estimated to grow at 10.4% CAGR from 2025 to 2034. Electrophysiology is the branch of physiology that studies the electrical properties of biological cells and tissues. It focuses on the generation and propagation of electrical signals within cells, particularly in nerve and muscle cells. This field encompasses various techniques to measure and analyze electrical activity, such as electrocardiography (ECG), electromyography (EMG), and patch-clamp recordings.

 

The global electrophysiology market is substantially driven by the rising prevalence of atrial fibrillation. For instance, in 2020, as per estimates from the Stroke Foundation, over one million people in the UK suffer from atrial fibrillation. With growing geriatric population in England, 80.5% population in England aged 65 years and above will suffer from AF over the coming years. This rising prevalence underscores the urgent need for advanced electrophysiological treatments and diagnostic technologies, which will likely enhance patient outcomes and drive market growth as healthcare providers seek to address this increasing demand for effective management of atrial fibrillation and related cardiac conditions, among others.
 

Furthermore, technological advancements in electrophysiology devices are significantly propelling market growth, alongside a rising preference for electrophysiology catheter ablation procedures. These innovations enhance the efficacy and safety of treatments, leading to increased adoption among healthcare providers and improved outcomes for patients with cardiac conditions.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global electrophysiology industry was valued at USD 6.9 billion in 2024 and is estimated to grow at a 10.4% CAGR from 2025 to 2034, driven by advancements in medical technology and increasing prevalence of cardiac arrhythmias.

The EP ablation catheters segment accounted for 49.1% of the revenue share in 2024 due to their precision in targeting arrhythmias and minimizing damage to surrounding healthy tissue.

The U.S. electrophysiology market is projected to reach USD 5.9 billion by 2034, supported by a well-established healthcare system and advanced medical facilities.

Key players in the market include Abbott Laboratories, APN Health, Atricure, Biotronik, Boston Scientific Corporation, CardioFocus, GE Healthcare Technologies, Japan Lifeline, Johnson & Johnson, and Koninklijke Philips.

Electrophysiology Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 15
  • Tables & Figures: 182
  • Countries covered: 35
  • Pages: 132
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