Growth will be driven by an increasing physician acceptance of
electrophysiology ablation as an effective treatment for atrial
fibrillation, according to Millennium Research Group
WALTHAM, Mass., March 20 /PRNewswire/ -- According to Millennium Research Group's Global Markets for Atrial Fibrillation (AF) Treatment Devices 2008 report, over 32,000 electrophysiology (EP) procedures were performed for the treatment of AF in the US in 2007. AF EP procedure volumes will increase at a compound annual growth rate of over 25% from 2008 to 2012.
Growth in procedure volumes will be driven by the increasing physician acceptance of EP ablation as a viable and effective treatment for AF. Over the next several years, these procedures will be used more often over medical therapy than in the past. The introduction of new technology will also support greater procedure volumes through 2012; these new devices will enable physicians to increase the safety, efficiency, and efficacy of EP ablation catheter procedures. By 2012, over 109,000 EP procedures will be performed to treat AF in the US.
"The patient pool that hasn't been treated in this market is huge and growing," says Andrew Wong, Analyst at Millennium Research Group. "Almost 3 million people have atrial fibrillation in the US, but currently only about 100,000 are being treated annually."
The Global Markets for Atrial Fibrillation Treatment Devices 2008 report includes coverage of the AF EP, cardiac rhythm management, and surgical ablation device markets. This report provides coverage of US, Europe, and Japan and all key industry competitors, including Biosense Webster, Boston Scientific, Medtronic, and St. Jude Medical.
About Atrial Fibrillation
AF is a type of cardiac arrhythmia. In AF, the atria of the heart are stimulated by abnormal electrical impulses from the sinoatrial node and malfunctioning atrial tissue, resulting in an irregular and disorganized heart beat. AF can lead to heart failure and has been recognized as a major risk factor for stroke. Increased age and unhealthy lifestyle choices are risk factors in developing AF.
About Millennium Research Group
Millennium Research Group (http://www.MRG.net), a Decision Resources, Inc. company (http://www.DecisionResources.com), is the global authority on medical technology market intelligence and a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.
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|SOURCE Millennium Research Group|
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