This report provides exclusive insights into the COVID-19 impact on the Cardiac Mapping Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Cardiac Mapping Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Cardiac Mapping Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
cardiac mapping market provides an in-depth analysis of segments and sub-segments
in the global as well as regional cardiac mapping market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional cardiac mapping market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of the global cardiac mapping market. According to the report, the global
cardiac mapping market is projected to grow at a CAGR of 8.5% over the forecast
period of 2019-2025.
Cardiac mapping is the process that identifies the temporal
and spatial distributions of myocardial electrical potentials during a
particular heart rhythm. Cardiac mapping includes several modes of mapping such
as endocardial, body surface, and epicardial mapping. An accurate and detailed
cardiac mapping promotes effective diagnosis and treatment of heart diseases.
It enhances the efficiency of current clinical practice.
The increasing prevalence of cardiovascular diseases
worldwide stimulates the expansion of the cardiac mapping market. As per the
World Health Organization, cardiovascular diseases are the leading cause of
death globally. Nearly 17.9 million people die due to cardiovascular diseases
every year globally. The rising development of various diagnostic technologies
drives the growth of the cardiac mapping market. In 2019, Abbott launched an HD
grid mapping catheter. It captures and analyzes data in a new way that creates
highly detailed maps of the heart to differentiate healthy from unhealthy tissue.
The surge in demand for accurate diagnosis of critical cardiac diseases will
augment the expansion of the cardiac mapping market. Additionally, the
availability of well-qualified interventional cardiologists led to the growth
of the cardiac mapping market. The growing geriatric population worldwide
favors the development of the cardiac mapping market. A study estimated that
around 17 percent of the World’s population will be aged 65 and over by 2050.
On the flip side, the high cost of cardiac mapping systems hinders the growth
of the cardiac mapping market. Moreover, technological advancement creates
numerous opportunities for the growth of the global cardiac mapping market.
Geographically, the global cardiac mapping market is divided
into North America, Asia-Pacific, Europe, and the Rest of the World. North
America has the largest share in the global cardiac mapping market. The rising
approval rate of mapping systems and the growing prevalence of cardiovascular
diseases in North America led to the growth of the cardiac mapping market in
North America. The rising geriatric population in Canada will augment the
expansion of the cardiac mapping market in North America. A study projected
that by 2030, 23 percent of Canadians that is nearly 9.5 million people will be
aged over 65 and over. Asia-Pacific region is anticipated to have a healthy
CAGR in the global cardiac mapping market over the forecast period. The
increasing patient pool for cardiovascular diseases and the demand for advanced
diagnostic systems in Asia-Pacific led to a rise in demand for the cardiac
mapping market in Asia-Pacific. Europe has fruitful growth opportunities in the
global cardiac mapping market owing to rising healthcare practices in the
The report on global cardiac mapping market covers segments
such as technology, and end-user. On the basis of technology, the sub-markets
include contact mapping systems, and non-contact mapping systems. On the basis
of end-user, the sub-markets include hospitals, ambulatory surgical centers,
clinics, and other end-users.
The report provides profiles of the companies in the market
such as Kardium Inc., Boston Scientific Corporation, Abbott Laboratories,
Medtronic plc, Catheter Robotics, Inc., EP Solutions SA, Lepu Medical
Technology Co., Ltd., Biosense Webster Inc., Acutus Medical Inc., CoreMap,
Inc., and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of cardiac mapping
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.