Global Electrophysiology Market Could Exceed $10 Billion By 2025 As Cardiovascular Devices Demand Grows
Financialnewsmedia.com News Commentary
PALM BEACH, Fla., Dec. 11, 2020 /PRNewswire/ The electrophysiology (EP) segment is poised to have substantial growth through 2025 and beyond according to various industry reports. Electrophysiology is the biomedical field that deals with the study of electric activity in the body. Electrophysiology includes the study of the generation of electrical activity and the effects of that electrical activity on the body. Certain factors that are driving the growth of the market are increasing prevalence of target diseases, technological advancements in the field of electrophysiology, and increasing demand for catheter ablation procedures. A recent report from MarketsAndMarkets projected that the global electrophysiology market is projected to reach USD 10.6 billion by 2025 from USD 6.8 billion in 2020, growing at a CAGR of 9.1% from 2020 to 2025.