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Electrophysiology Catheters Market - Drivers and Forecasts by TechnavioTechnavio analysts forecast the global electrophysiology (EP) catheters market to grow at a CAGR of over 9% during the forecast period, according to their latest report. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170818005484/en/ 
Technavio has published a new report on the global electrophysiology catheters market under their healthcare and life sciences library.(Graphic: Business Wire) The research study covers the present scenario and growth prospects of the global EP catheters market for 2017-2021. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The global EP catheters market is expected to grow significantly. Due to the growing incidence of heart attack and stroke, the sales of EP catheters are likely to increase during the forecast period. The high cost of pacemakers and ICDs increase the demand for EP catheters in the market. These catheters are cost-effective and easily available for treatment which helps in driving sales revenue. This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. Technavio analysts highlight the following three factors that are contributing to the growth of the global EP catheters market:
Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Cost-effectiveness of ablation procedures With the advances in technology, new tools and techniques are being used for performing ablation procedures in cardiac patients. 3D electro-anatomical mapping and remote catheter monitoring are the most common techniques used during cardiac ablation procedures. Electrophysiologists use robot-assisted technology during interventional procedures. Srinivas Sashidhar, a lead orthopedics and medical devices research analyst at Technavio, says, "Magnetic remote monitoring systems are now used in well-equipped healthcare facilities of a few developed countries. The magnetic remote monitoring system is used by electrophysiologists for assisting in catheters' navigation. NIOBE Magnetic Navigation System, by Stereotaxis, is extensively used in France for the cardiac ablation procedure." Increasing incidence of arrhythmia Cardiac ablation is used as a corrective measure for treating arrhythmia. EP devices are used to monitor irregular heart beat and facilitate the treatment of abnormal functioning of the heart. The growing incidence of arrhythmia and CVDs is driving the market growth. A comparative study between the UAE and Saudi Arabia estimated that the number of diagnosed cases of atrial fibrillation in Saudi Arabia has increased. In the UAE, about 35%-45% of the hospitalization is recorded due to atrial fibrillation annually. Rise in number of MI procedures MI techniques are gaining popularity over conventional surgeries, radiation therapy, and systematic chemotherapy. These techniques are also used to treat patients with other associated comorbidities and in inoperable patients. Also, these MI techniques are increasingly used to treat diseases such as cancerous tumors, cardiac arrhythmias, dermatological conditions, and most commonly in treating tumors in the kidneys, lungs, liver, and the musculoskeletal system. Cardiac ablation procedures are MI surgeries performed to treat the areas in the heart that cause atrial fibrillation. In this procedure, small incisions are made between the ribs on each side of the chest. By observing the heart through these small incisions, a series of lesions are made on the outer side of the heart using ablation EP catheters. Top vendors:
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About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at [email protected].
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