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Cardiac Mapping Market (Technology - Contact Mapping Systems, and Non-contact Mapping Systems; End-user - Hospitals, Ambulatory Surgical Centers, Clinics, and Other End-users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : March, 2020

  • Rep Id : HC0825

  • Category : Healthcare & Medical Devices

  • Status : Published

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.

 

Market Insight

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 region.

 

Segment Covered

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.

 

Companies Profiled:

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.

 

Report Highlights:

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.


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