The global atrial fibrillation devices market is estimated to grow significantly at a CAGR of 13.7% during the forecast period. The major factors contributing to the market growth include rising prevalence of atrial fibrillation coupled with the significant incidences of cardiac arrhythmias and rising demand for minimally invasive procedures. Atrial fibrillation is the most common cause of heart arrhythmia, in which, the heart beats very slowly, very fast or in an irregular way. According to the Institute for Health Metrics and Evaluation, the prevalence of atrial fibrillation in 2013 was 33.6 million, which increased up to 37.5 million in 2017. With the significant rise in geriatric population across the globe, this number is expected to increase in the near future.
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The two major strategies used for the management of atrial fibrillation include rhythm control and rate control. Rhythm control comprises the use of electrophysiological interventions which intends to convert the arrhythmia concerned with atrial fibrillation to normal sinus rhythm. While diagnosed with atrial fibrillation, the doctor recommends an electrophysiology study to better understand the way electrical signals move in the heart to make it beat. The test enables to understand and map the electrical activity in the heart, which, in turn, contributes to diagnose abnormal heart rhythms.
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Global Atrial Fibrillation Devices Market Segmentation
By Product Type
Electrophysiology Ablation Catheters
Electrophysiology Diagnostic Catheters
Electrophysiology Mapping and Recording Systems
Cardiac Monitors
Others (Intracardiac Echocardiography (ICE) Systems)
By End-Use
Hospitals and Clinics
Ambulatory Surgery Centers (ASCs)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Abbott Laboratories Inc.
Advanced Cardiac Therapeutics, Inc.
AliveCor, Inc.
AtriCure, Inc.
AuriGen Medical
BIOTRONIK SE & Co. KG
Boston Scientific Corp.
CardioFocus, Inc.
CathRx Ltd.
General Electric Co.
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