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Cardiac Mapping Market: Top Company Profiles, Market Drivers, Restraints, Opportunities and Forecast Analysis

Cardiac Mapping Market by Product (Contact Mapping Systems (Electroanatomical Mapping, Basket Catheter Mapping), Non-contact Mapping Systems), Indication (Atrial Fibrillation, Atrial Flutter, AVNRT), Region – Global Forecast to 2024 The global cardiac mapping market size is projected to reach USD 2.1 billion by 2024 from USD 1.4 billion in 2019 at a CAGR of 8.7%.

The major players in the cardiac mapping market include Biosense Webster (US), Abbott (US),  Medtronic (Ireland), Boston Scientific Corporation (US), MicroPort Scientific Corporation (China), EP Solutions SA (Switzerland), Acutus Medical (US), Koninklijke Philips N.V. (Royal Philips) (Netherlands), Lepu Medical  (China), BIOTRONIK (Germany), AngioDynamics (US), BioSig Technologies (US), APN Health (US), CoreMap (US), Kardium (Canada), Catheter Precision (US), and Epmap-System  (Germany).

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The emergence of new entrants, growing investments, funds, and grants, increasing incidences of target diseases, and growth in the geriatric population are supporting the growth of this market. However, unfavorable healthcare reforms in the US and the lack of skilled & experienced electrophysiologists may restrain the market to a certain extent during the forecast period.

A reliable Cardiac Mapping Market research report predicts the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, key developments, along with market segments and application. Moreover, the reviews about key players, major collaborations, mergers & acquisitions along trending innovation and business policies are also performed in this market report. This large-scale Cardiac Mapping Market report provides major statistics on the market status of global and regional manufacturers and is a helpful source of assistance and direction for companies and individuals interested in the industry.

“The contact cardiac mapping segment is projected to dominate the cardiac mapping products market during the forecast period.”

The cardiac mapping products market has been segmented into contact cardiac mapping systems and non-contact cardiac mapping systems. The contact cardiac mapping systems segment further includes electro anatomical mapping, basket catheter mapping, and traditional endocardial mapping. The contact cardiac mapping systems segment held the largest share of this market in 2018 and is also estimated to grow at the highest CAGR during the forecast period. Contact mapping systems are technologically more efficient and precise, hence, they provide higher accuracy, sensitivity, and efficiency in disease diagnosis and ablation.

“The a trial fibrillation applications segment held the largest market share in 2018.”

By indication, the cardiac mapping market is segmented into atrial fibrillation, atrial flutter, atrioventricular nodal reentry tachycardia (AVNRT), other arrhythmias. The atrial fibrillation segment accounted for the largest share of this market in 2018. The large share of this segment can be attributed to the technological advancements in mapping systems and the rising incidences of AF and associated ablation procedures.

“The North American cardiac mapping market is expected to hold the largest share during the forecast period.”

Geographically, the cardiac mapping industry is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World. North America is expected to hold the largest share of this market during the forecast period. The increase in approval rate of mapping systems and clinical trials validating cardiac mapping systems in the US, high incidence of CVDs, and growing focus of government organizations on providing funding for cardiological research are the key factors driving the North American market.

Breakdown of supply-side primary interviews:

  • By Company Type: Tier 1 – 50%, Tier 2 – 30%, and Tier 3 – 20%
  • By Designation: C-level – 37%, Director-level – 29%, and Others – 34%
  • By Region: North America – 35%, Europe – 30%, APAC – 25%, and RoW – 10%

Research Coverage

This report studies the cardiac mapping market based on product, indication, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets concerning their growth trends and forecasts the revenue of the market segments for four main regions and respective countries.

Key Benefits of Buying the Report

This report focuses on various levels of analysis—industry trends, market share of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the cardiac mapping market, and high-growth regions with their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Research Methodology Steps
2.2.1 Secondary Data
2.2.1.1 Secondary Sources
2.2.2 Primary Data
2.2.2.1 Key Insights From Primary Sources
2.2.3 Market Size Estimation Methodology
2.2.4 Revenue Mapping-Based Market Estimation
2.3 Market Data Estimation and Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Market Overview
4.2 Geographic Analysis: European Cardiac Mappingmarket, By Indication & Country (2019)
4.3 Market Share, By Type, 2019 vs. 2024
4.4 Market Share, By Indication, 2019 vs. 2024
4.5 Geographic Outlook: Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 New Entrants in the Market
5.2.1.2 Growing Investments, Funds, and Grants
5.2.1.3 Increasing Incidence of Target Diseases
5.2.1.4 Growth in the Geriatric Population
5.2.2 Restraints
5.2.2.1 Unfavorable Healthcare Reforms in the US
5.2.2.2 Lack of Skilled and Experienced Electrophysiologists
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.3.2 Technological Advancements
5.2.4 Challenges
5.2.4.1 Unfavorable Regulatory Scenario
5.2.4.2 Alternative Technologies

6 Cardiac Mapping Market, By Type
6.1 Introduction
6.2 Contact Cardiac Mapping Systems
6.2.1 Electroanatomical Mapping Systems
6.2.1.1 Electroanatomical Mapping Systems Account for the Largest Share of the Contact Mapping Systems Market
6.2.2 Basket Catheter Mapping Systems
6.2.2.1 Basket Catheter Mapping Systems Provide Simultaneous, Multiple, Stable Recordings for Most Endocardial Surfaces—A Key Factor Driving Market Growth
6.2.3 Traditional Endocardial Catheter Mapping Systems
6.2.3.1 Exposure to Ionizing Radiation Due to the Need for Fluoroscopy Guidance is A Key Disadvantage of Traditional Endocardial Catheter Mapping Systems
6.3 Non-Contact Cardiac Mapping Systems
6.3.1 Non-Contact Mapping is Applicable in Cases Where the Arrhythmia Cannot Be Tolerated Or in Cases Where Clinical Arrhythmia is Not Reproducible During the Electrophysiology Study

7 Cardiac Mapping Market, By Indication
7.1 Introduction
7.2 Atrial Fibrillation
7.2.1 Growing Number of Cases of Atrial Fibrillation and the Subsequent Increase in the Number of Ablation Procedures to Drive Market Growth
7.3 Atrial Flutter
7.3.1 High Success Rate of Radiofrequency Catheter Ablation for the Treatment of Atrial Flutter is A Major Factor Contributing to the Growth of This Market
7.4 Atrioventricular Nodal Reentry Tachycardia (Avnrt)
7.4.1 Growing Number of Avnrt Cases Across the Globe is Supporting the Growth of This Segment
7.5 Other Arrhythmias

8 Cardiac Mapping Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.1.1 High Burden of Cvds to Drive the Demand for Cardiac Mapping in the US
8.2.2 Canada
8.2.2.1 Growing Focus of Government Organizations on Providing Research Funding to Support Market Growth in Canada
8.3 Europe
8.3.1 Germany
8.3.1.1 Favorable Healthcare Expenditure and Growing Use of Crt Devices to Drive Market Growth
8.3.2 UK
8.3.2.1 Rising Geriatric Population to Support Market Growth
8.3.3 France
8.3.3.1 Increasing Incidence of Heart Failure to Support Market Growth
8.3.4 Italy
8.3.4.1 Increasing Incidence of Cvd to Drive the Adoption of Cardiac Mapping Systems
8.3.5 Spain
8.3.5.1 Increasing Cardiac Ablation Procedures to Drive the Market in Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.1.1 Favourable Reimbursement Scenario to Support Market Growth
8.4.2 China
8.4.2.1 Growing Geriatric Population to Drive the Market for Cardiac Mapping Systems
8.4.3 India
8.4.3.1 Increasing Government Initiatives Towards Healthcare are Supporting the Growth of the Market in India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World

9 Competitive Landscape
9.1 Introduction
9.2 Market Ranking Analysis
9.3 Competitive Leadership Mapping (Overall Market)
9.3.1 Visionary Leaders
9.3.2 Innovators
9.3.3 Emerging Companies
9.3.4 Dynamic Differentiators
9.4 Competitive Scenario
9.4.1 Product Launches & Approvals
9.4.2 Partnerships, Agreements, and Collaborations
9.4.3 Acquisitions

10 Company Profile
(Business Overview, Products Offered, Recent Developments, Competitive Analysis)*
10.1 Biosense Webster, Inc. (A Johnson & Johnson Company)
10.2 Abbott Laboratories
10.3 Medtronic Plc
10.4 Boston Scientific Corporation
10.5 Microport Scientific Corporation
10.6 EP Solutions Sa
10.7 Acutus Medical
10.8 Koninklijke Philips N.V.
10.9 Lepu Medical
10.1 Biotronik
10.11 Angiodynamics
10.12 Biosig Technologies, Inc.
10.13 APN Health, LLC
10.14 Coremap
10.15 Kardium, Inc.
10.16 Catheter Precision, Inc.
10.17 Epmap-System
*Business Overview, Products Offered, Recent Developments, Competitive Analysis Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.3 Available Customizations
11.4 Related Reports
11.5 Author Details

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