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Brazilian, Russian, Indian and Chinese Markets For Electrophysiology Mapping and Ablation Devices Will See Rapid Growth Through 2022
Date:10/2/2013

number of small companies have developed cutting-edge technologies, but lack the funds for a widescale product launch, creating opportunities for acquisitions by larger firms. For example, St. Jude Medical recently announced its acquisition of Endosense, which manufactures a force-sensing ablation catheter."

Some factors do hinder growth. Cost-containment measures by governments continue to put downward pressure on pricing. For example, China recently instituted a new tendering system, which negatively affected pricing in 2012. In Brazil, India and Russia, EP diagnostic catheter reuse is a common method of reducing the costs associated with the procedures. Overall, however, these factors will be offset by economic growth, allowing the market to reach a value of approximately $730 million by 2022.

Millennium Research Group's BRIC Markets for Electrophysiology Mapping and Ablation Devices 2014 report includes unit, procedure, average selling price and revenue information, along with market drivers and limiters and a competitive landscape for conventional diagnostic catheters, advanced diagnostic catheters, radiofrequency ablation catheters and cryoablation catheters in Brazil, China, India and Russia.

About Millennium Research Group
Millennium Research Group (www.MRG.net), a Decision Resources Group company (www.DecisionResourcesGroup.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level proc
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