Electrophysiology Lab Market
Electrophysiology Labs
Cardiac catheter ablation is performed by an electrophysiologist (a specially trained cardiologist) in a specialized electrophysiology lab. It is estimated that there are about 2,000 electrophysiology labs in the U.S. and 2,000 electrophysiology labs outside the U.S., each with an electrophysiology recording system costing an average of approximately $250,000.
With the potential of 12 million atrial fibrillation patients by the year 2050 and improvements in technology for atrial fibrillation ablation therapy, significant growth is predicted for the number of hospitals building electrophysiology labs.
Analysts forecast the global market for EP devices to grow from $2.5 billion in 2012 to $5.5 billion by 2019 – making it one of the fastest growing medical device segments.
We believe the electrophysiology devices market will be sustained by the continued development of advanced technologies that decrease ablation procedure times and improve success rates.
Sources
Electrophysiology Labs
Cardiac catheter ablation is performed by an electrophysiologist (a specially trained cardiologist) in a specialized electrophysiology lab. It is estimated that there are about 2,000 electrophysiology labs in the U.S. and 2,000 electrophysiology labs outside the U.S., each with an electrophysiology recording system costing an average of approximately $250,000.
With the potential of 12 million atrial fibrillation patients by the year 2050 and improvements in technology for atrial fibrillation ablation therapy, significant growth is predicted for the number of hospitals building electrophysiology labs.
Analysts forecast the global market for EP devices to grow from $2.5 billion in 2012 to $5.5 billion by 2019 – making it one of the fastest growing medical device segments.
We believe the electrophysiology devices market will be sustained by the continued development of advanced technologies that decrease ablation procedure times and improve success rates.
Sources
- Centers for Disease Control and Prevention: The Atrial Fibrillation Fact Sheet, February 2010
- Electrophysiology Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
- Global Top Ten Medical Device Technologies Market 2009-2014
