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Cardiac Mapping Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5928609

Cardiac Mapping Trends and Forecast

The future of the global cardiac mapping market looks promising with opportunities in the atrial fibrillation, atrial flutter, and AVNRT markets. The global cardiac mapping market is expected to reach an estimated $3.0 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are growing number of target illnesses, increase in the number of elderly people, along with the technology progress and an increase in investments, funds, and grants.

Cardiac Mapping by Segment

The study includes a forecast for the global cardiac mapping by product, indication, and region.

Cardiac Mapping Market by Product [Shipment Analysis by Value from 2018 to 2030]

  • Contact Cardiac Mapping Systems
  • Non-Contact Cardiac Mapping Systems

Cardiac Mapping Market by Indication [Shipment Analysis by Value from 2018 to 2030]

  • Atrial Fibrillation
  • Atrial Flutter
  • AVNRT
  • Others

Cardiac Mapping Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Cardiac Mapping Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cardiac mapping companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cardiac mapping companies profiled in this report include-
  • Biosense Webster
  • Abbott
  • Boston Scientific Corporation
  • Medtronic
  • MicroPort Scientific
  • EP Solutions
  • Acutus Medical
  • Koninklijke Philips
  • Lepu Medical
  • AngioDynamics

Cardiac Mapping Market Insights

The publisher forecasts that contact cardiac mapping system is expected to witness the higher growth over the forecast period because it provides mapping in the 3D environment and accurate ablation catheter site detection, as well as, growing rates of cardiovascular illnesses in children and newborns owing to sedentary lifestyles and an increase in obesity.

North America will remain the largest region over the forecast period due to rise in the region's clinical trial approval rate for cardiac mapping systems, approval rate of mapping systems, as well as, high frequency of government agencies providing funding for research.

Features of the Global Cardiac Mapping Market

  • Market Size Estimates: Cardiac mapping market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Cardiac mapping market size by product, indication, and region in terms of value ($B).
  • Regional Analysis: Cardiac mapping market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product, indication, and regions for the cardiac mapping market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cardiac mapping market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the cardiac mapping market size?
Answer: The global cardiac mapping market is expected to reach an estimated $3.0 billion by 2030.

Q2. What is the growth forecast for cardiac mapping market?
Answer: The global cardiac mapping market is expected to grow with a CAGR of 8.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the cardiac mapping market?
Answer: The major drivers for this market are growing number of target illnesses, increase in the number of elderly people, along with the technology progress and an increase in investments, funds, and grants.

Q4. What are the major segments for cardiac mapping market?
Answer: The future of the global cardiac mapping market looks promising with opportunities in the atrial fibrillation, atrial flutter, and AVNRT markets.

Q5. Who are the key cardiac mapping market companies?
Answer: Some of the key cardiac mapping companies are as follows:
  • Biosense Webster
  • Abbott
  • Boston Scientific Corporation
  • Medtronic
  • MicroPort Scientific
  • EP Solutions
  • Acutus Medical
  • Koninklijke Philips
  • Lepu Medical
  • AngioDynamics
Q6. Which cardiac mapping market segment will be the largest in future?
Answer: The publisher forecasts that contact cardiac mapping system is expected to witness the higher growth over the forecast period because it provides mapping in the 3D environment and accurate ablation catheter site detection, as well as, growing rates of cardiovascular illnesses in children and newborns owing to sedentary lifestyles and an increase in obesity.

Q7. In cardiac mapping market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rise in the region's clinical trial approval rate for cardiac mapping systems, approval rate of mapping systems, as well as, high frequency of government agencies providing funding for research.

Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the cardiac mapping market by product (contact cardiac mapping systems and non-contact cardiac mapping systems), indication (atrial fibrillation, atrial flutter, AVNRT, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Cardiac Mapping Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Cardiac Mapping Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Cardiac Mapping Market by Product
3.3.1: Contact Cardiac mapping systems
3.3.2: Non-contact Cardiac mapping systems
3.4: Global Cardiac Mapping Market by Indication
3.4.1: Atrial Fibrillation
3.4.2: Atrial Flutter
3.4.3: AVNRT
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Cardiac Mapping Market by Region
4.2: North American Cardiac Mapping Market
4.2.1: North American Cardiac Mapping Market by Indication: Atrial Fibrillation, Atrial Flutter, AVNRT, and Others
4.3: European Cardiac Mapping Market
4.3.1: European Cardiac Mapping Market by Product: Contact Cardiac mapping systems and Non-contact Cardiac mapping systems
4.3.2: European Cardiac Mapping Market by Indication: Atrial Fibrillation, Atrial Flutter, AVNRT, and Others
4.4: APAC Cardiac Mapping Market
4.4.1: APAC Cardiac Mapping Market by Product: Contact Cardiac mapping systems and Non-contact Cardiac mapping systems
4.4.2: APAC Cardiac Mapping Market by Indication: Atrial Fibrillation, Atrial Flutter, AVNRT, and Others
4.5: ROW Cardiac Mapping Market
4.5.1: ROW Cardiac Mapping Market by Product: Contact Cardiac mapping systems and Non-contact Cardiac mapping systems
4.5.2: ROW Cardiac Mapping Market by Indication: Atrial Fibrillation, Atrial Flutter, AVNRT, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cardiac Mapping Market by Product
6.1.2: Growth Opportunities for the Global Cardiac Mapping Market by Indication
6.1.3: Growth Opportunities for the Global Cardiac Mapping Market by Region
6.2: Emerging Trends in the Global Cardiac Mapping Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cardiac Mapping Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cardiac Mapping Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Biosense Webster
7.2: Abbott
7.3: Boston Scientific Corporation
7.4: Medtronic
7.5: MicroPort Scientific
7.6: EP Solutions
7.7: Acutus Medical
7.8: Koninklijke Philips
7.9: Lepu Medical
7.10: AngioDynamics

Companies Mentioned

  • Biosense Webster
  • Abbott
  • Boston Scientific Corporation
  • Medtronic
  • MicroPort Scientific
  • EP Solutions
  • Acutus Medical

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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