Middle East & Africa Electrophysiology Market Forecast to 2028

Report Code : BMIRE00026284 | Region : LAMEA | Industry : Medical Device | Published Date : 23/Sep/2022
Middle East & Africa Electrophysiology Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Electrophysiology Ablation Catheters, Electrophysiology Laboratory Devices, Electrophysiology Diagnostic Catheters, Access Devices, and Others) and Indication [Atrial Fibrillation (AF), Atrial Flutter, Wolff-Parkinson White Syndrome (WPW), Atrioventricular Nodal Reentry Tachycardia (AVNRT), and Others]

The MEA electrophysiology market is expected to grow from US$ 359.62 million in 2022 to US$ 595.45 million by 2028; it is estimated to grow at a CAGR of 8.8% from 2022 to 2028.

Emerging markets are expected to offer significant growth opportunities to electrophysiology market players due to their growing patient population, increasing adoption of cardiogram systems, growing awareness of cardiovascular diseases, rising disposable incomes, improving healthcare infrastructure, and comparatively lenient policies compared to developed countries across the region. Emerging markets have seen a sustained increase in the number of surgical procedures over the past decade, driven by the growing target population of patients, rising cardiovascular disease-related deaths, and increasing medical tourism. Manufacturers are strategically focusing on expanding their presence in developing MEA countries to capitalize on the high growth opportunities for electrophysiology devices in emerging markets. Thus, increasing competition in well-established markets will force electrophysiology device manufacturers to focus on emerging markets in the coming years.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA electrophysiology market at a substantial CAGR during the forecast period.

MEA Electrophysiology Market Revenue and Forecast to 2028 (US$ Million)

MEA Electrophysiology Market Segmentation

The MEA electrophysiology market is segmented based on product, indication, and country. Based on product, the market is segmented into electrophysiology ablation catheters, electrophysiology laboratory devices, electrophysiology diagnostic catheters, access devices, and others. The electrophysiology laboratory devices segment dominated the market in 2022 and electrophysiology ablation catheters segment is expected to be fastest growing during forecast period. Based on indication, the market is segmented into atrial fibrillation (AF), atrial flutter, atrioventricular nodal reentry tachycardia (AVNRT), wolff-parkinson-white syndrome (WPW), and others. The atrial fibrillation (AF) segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on country, the MEA electrophysiology market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA.

Abbott; Biotronik, Inc.; Boston Scientific Corporation; CardioFocus; GE Healthcare; Johnson & Johnson Services, Inc.; Koninklijke Philips N.V.; Medtronic; MicroPort Scientific Corporation; and Siemens Healthineers AG are among the leading companies operating in the MEA electrophysiology market.

The List of Companies - Middle East & Africa Electrophysiology Market

● Abbott

● Biotronik, Inc.

● Boston Scientific Corporation

● CardioFocus

● GE Healthcare

● Johnson & Johnson Services, Inc.

● Koninklijke Philips N.V.

● Medtronic

● MicroPort Scientific Corporation

● Siemens Healthineers AG

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1   MEA Electrophysiology Market – By Product

1.3.2   MEA Electrophysiology Market – By Indication

1.3.3   MEA Electrophysiology Market – By Country

2. Key Takeaways

3.   Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MEA Electrophysiology Market – Market Landscape

4.1 Overview

4.2 MEA PEST Analysis

4.3 Experts Opinion

5. MEA Electrophysiology Market– Key Market Dynamics

5.1 Market Drivers

5.1.1   Increasing Incidence of Target Diseases and Procedures

5.1.2   Growing Geriatric Population

5.2 Market Restraints

5.2.1   High Cost of Electrophysiology Products and Inadequate Reimbursement Process

5.3 Market Opportunities

5.3.1   Rising Number of Emerging Markets

5.4 Future Trends

5.4.1   Increasing Advancements, Product Launches, and Approvals

5.5 Impact Analysis

6. Electrophysiology Market– MEA Analysis

6.1 MEA Electrophysiology Market Revenue Forecast and Analysis

7. MEA Electrophysiology Market Analysis – By Product

7.1 Overview

7.2 MEA Electrophysiology Market, By Product, 2022 & 2028 (%)

7.3 Electrophysiology Ablation Catheters

7.3.1   Overview

7.3.2   Electrophysiology Ablation Catheters: Electrophysiology Market Revenue and Forecasts to 2028 (US$ Million)

7.4 Electrophysiology Laboratory Devices

7.4.1   Overview

7.4.2   Electrophysiology Laboratory Devices: Electrophysiology Market Revenue and Forecasts to 2028 (US$ Million)

7.5 Electrophysiology Diagnostic Catheters

7.5.1   Overview

7.5.2   Electrophysiology Diagnostic Catheters: Electrophysiology Market Revenue and Forecasts to 2028 (US$ Million)

7.6 Access Devices

7.6.1   Overview

7.6.2   Access Devices: Electrophysiology Market Revenue and Forecasts to 2028 (US$ Million)

7.7 Others

7.7.1   Overview

7.7.2   Others: Electrophysiology Market Revenue and Forecasts to 2028 (US$ Million)

8. MEA Electrophysiology Market Analysis – By Indication

8.1 Overview

8.2 MEA Electrophysiology Market Revenue Share, by Indication (2022 and 2028)

8.3 Atrial Fibrillation

8.3.1   Overview

8.3.2   Atrial Fibrillation: Electrophysiology Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Atrial Flutter

8.4.1   Overview

8.4.2   Atrial Flutter: Electrophysiology Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Wolff-Parkinson-White (WPW) Syndrome

8.5.1   Overview

8.5.2   Wolff-Parkinson-White (WPW) Syndrome: Electrophysiology Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Atrioventricular Nodal Re-entry Tachycardia (AVNRT)

8.6.1   Overview

8.6.2   Atrioventricular Nodal Re-entry Tachycardia (AVNRT): Electrophysiology Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Others

8.7.1   Overview

8.7.2   Others: Electrophysiology Market – Revenue and Forecast to 2028 (US$ Million)

9. MEA Electrophysiology Market – Country Analysis

9.1 Overview

9.1.2   Middle East and Africa: Electrophysiology Market, by Country, 2022 & 2028 (%)

9.1.2.1   UAE: Electrophysiology Market – Revenue and Forecast to 2028 (US$ ‘Million)

9.1.2.1.1   UAE: Electrophysiology Market – Revenue and Forecast to 2028 (US$ ‘Million)

9.1.2.1.2   UAE: Electrophysiology Market, by Product, 2019–2028 (US$ ‘Million)

9.1.2.1.3   UAE: Electrophysiology Market, by Indication, 2019–2028 (US$ ‘Million)

9.1.2.2   Saudi Arabia: Electrophysiology Market – Revenue and Forecast to 2028 (US$ ‘Million)

9.1.2.2.1   Saudi Arabia: Electrophysiology Market – Revenue and Forecast to 2028 (US$ ‘Million)

9.1.2.2.2   Saudi Arabia: Electrophysiology Market, by Product, 2019–2028 (US$ ‘Million)

9.1.2.2.3   Saudi Arabia: Electrophysiology Market, by Indication, 2019–2028 (US$ ‘Million)

9.1.2.3   South Africa: Electrophysiology Market – Revenue and Forecast to 2028 (US$ ‘Million)

9.1.2.3.1   South Africa: Electrophysiology Market – Revenue and Forecast to 2028 (US$ ‘Million)

9.1.2.3.2   South Africa: Electrophysiology Market, by Product, 2019–2028 (US$ ‘Million)

9.1.2.3.3   South Africa: Electrophysiology Market, by Indication, 2019–2028 (US$ ‘Million)

9.1.2.4   Rest of Middle East and Africa: Electrophysiology Market – Revenue and Forecast to 2028 (US$ ‘Million)

9.1.2.4.1   Rest of Middle East and Africa: Electrophysiology Market – Revenue and Forecast to 2028 (US$ ‘Million)

9.1.2.4.2   Rest of Middle East and Africa: Electrophysiology Market, by Product, 2019–2028 (US$ ‘Million)

9.1.2.4.3   Rest of Middle East and Africa: Electrophysiology Market, by Indication, 2019–2028 (US$ ‘Million)

10.   MEA Electrophysiology Market–Industry Landscape

10.1   Overview

10.2   Organic Developments

10.2.1 Overview

10.2.2 Organic Growth Strategies in The Electrophysiology Market, 2022-2028

10.3   Inorganic Developments

10.3.1 Overview

10.3.2 Inorganic Growth Strategies in The Electrophysiology Market, 2022-2028

11.   Company Profiles

11.1   Abbott

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2   Biotronik, Inc.

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3   Boston Scientific Corporation

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4   CardioFocus.

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5   GE Healthcare

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6   Koninklijke Philips N.V.

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7   Johnson & Johnson Services, Inc.

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8   Medtronic

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9   MicroPort Scientific Corporation

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Siemens Healthineers AG

11.10.1  Key Facts

11.10.2  Business Description

11.10.3  Products and Services

11.10.4  Financial Overview

11.10.5  SWOT Analysis

11.10.6  Key Developments

12.   Appendix

12.1   About The Insight Partners

12.2   Glossary of Terms

LIST OF TABLES.

Table 1. MEA Electrophysiology Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. UAE: Electrophysiology Market, by Product – Revenue and Forecast to 2028 (US$ ‘Million)

Table 3. UAE: Electrophysiology Market, by Indication – Revenue and Forecast to 2028 (US$ ‘Million)

Table 4. Saudi Arabia: Electrophysiology Market, by Product – Revenue and Forecast to 2028 (US$ ‘Million)

Table 5. Saudi Arabia: Electrophysiology Market, by Indication – Revenue and Forecast to 2028 (US$ ‘Million)

Table 6. South Africa: Electrophysiology Market, by Product – Revenue and Forecast to 2028 (US$ ‘Million)

Table 7. South Africa: Electrophysiology Market, by Indication – Revenue and Forecast to 2028 (US$ ‘Million)

Table 8. Rest of Middle East and Africa: Electrophysiology Market, by Product – Revenue and Forecast to 2028 (US$ ‘Million)

Table 9. Rest of Middle East and Africa: Electrophysiology Market, by Indication – Revenue and Forecast to 2028 (US$ ‘Million)

Table 10.   Recent Organic Growth Strategies in The Electrophysiology Market

Table 11.   Recent Inorganic Growth Strategies in The Electrophysiology Market

Table 12.   Glossary of Terms

The List of Companies - Middle East & Africa Electrophysiology Market

● Abbott

● Biotronik, Inc.

● Boston Scientific Corporation

● CardioFocus

● GE Healthcare

● Johnson & Johnson Services, Inc.

● Koninklijke Philips N.V.

● Medtronic

● MicroPort Scientific Corporation

● Siemens Healthineers AG

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA electrophysiology market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the MEA electrophysiology market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the electrophysiology market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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