Navigation Links
Competitive Activity In The Electrophysiology Mapping And Ablation Device Market Will Be Fueled By The Growing Focus On Atrial Fibrillation Treatment
Date:8/26/2013

TORONTO, Aug. 26, 2013 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the continued focus on performing electrophysiology (EP) procedures to treat atrial fibrillation (AF) will drive robust adoption of premium-priced devices that are designed exclusively for this indication. In particular, the force-sensing and alternative energy ablation catheter segments will undergo the most pronounced expansion in Europe through 2021. Companies in the EP market are recognizing the revenue potential for the AF indication, resulting in considerable competitive activity in this space.

(Logo: http://photos.prnewswire.com/prnh/20130103/MM36799LOGO )

"Having a strong portfolio of products for treating AF has become increasingly important for competitors in the EP device market," said MRG Manager Julie McLaughlin. "This has not only led to a number of technological innovations, product launches, and partnerships between companies, but has also sparked acquisition activity in this space."

A recent example is St. Jude Medical's acquisition of Switzerland-based Endosense, which sells the TactiCath, a force-sensing irrigated-tip catheter that is well-supported by clinical data and has been well-received by European physicians. The TactiCath is also designed for use alongside the EP mapping systems of large companies like GE Healthcare and Siemens Healthcare. Overall, St. Jude Medical's purchase of Endosense and this product will likely strengthen its position in the fast-growing AF treatment market.

Ultimately, the trend toward the use of more expensive advanced tools for AF treatment will help mitigate the effects of budgetary pressures in Europe that will contribute to price erosion and delayed purchases of costly EP lab systems over the next few years, allowing the European EP mapping and ablation device market to exceed $915 million by 2021.

Millennium Research Group's European Markets for Electrophysiology Mapping and Ablation Devices 2013 report includes unit, installed base, procedure, average selling price and revenue information, along with market drivers and limiters and a competitive landscape for EP lab systems, diagnostic catheters and ablation catheters in the France, Germany, Italy, Spain and the United Kingdom. Supplemental country coverage is also available for Austria, Belgium, the Czech Republic, Denmark, Finland, Greece, Hungary, the Netherlands, Norway, Poland, Portugal, Romania, Sweden, Switzerland and Ukraine, as well as in aggregate for the rest of the European countries.

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 procedure forecasting, and customized solutions.About Decision Resources Group
Decision Resources Group is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources Group at www.DecisionResourcesGroup.com.

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders

For more information, contact:Christopher Comfort

Alex JablokowDecision Resources Group

Millennium Research Group781-993-2597

617-599-8613ccomfort@dresources.com

ajablokow@mrg.net


'/>"/>
SOURCE Millennium Research Group
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. TechAtlas Group Releases Hepatitis C Competitive Landscape Analysis
2. Cancer Diagnostics Market: Sales Forecasts, 2013 Shares & Competitive Strategies Research Reports
3. Frost & Sullivan: Technology as a Competitive Differentiator Fuels Adoption of Electronic Medical Records in Brazilian Hospitals
4. Dynamic Healthcare Services Awarded Two Oxygen Equipment Competitive Bidding Contracts
5. Thomson Reuters Life Sciences Cortellis Competitive Intelligence Reaches Content Milestones
6. AAHomecare and Maryland DME Provider Take Medicare Agency to Court Over Competitive Bidding Program
7. The Top Five Global Pharmaceutical Companies: Performance, Strategies and Competitive Analysis
8. Scientific and Technical Evaluation of Pharmaceuticals, Inc. [STEPh, Inc.], Launches New Competitive Intelligence Web Site
9. Small Animal Imaging (In Vivo) Market - By systems and reagents - Competitive Analysis & Global Forecasts to 2017
10. Sleep Nation, Inc. Wins All 100 Medicare Competitive Bid Areas
11. Competitive Pricing Vital in the Asia-Pacific Digital and Computed Radiography Market, Finds Frost & Sullivan
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... , Mar. 24, 2017 Research ... Management in the U.S.: Consumer Strategies" report to their ... ... how adults approach and treat their physical pain, emphasizing consumer ... distinct groups: pain sufferers and adults who have selected illnesses/conditions ...
(Date:3/24/2017)...   The Accreditation Council for Medical Affairs ... the pharmaceutical industry has appointed Dr. Jane ... formed scientific advisory board. Dr. Chin will be ... ever medical affairs think tank within the pharmaceutical ... ACMA, please visit  www.medicalaffairsspecialist.org .  Connect with ...
(Date:3/24/2017)... FinancialBuzz.com News Commentary  ... According to new data published Arcview ... legal cannabis market is projected to continue to grow at ... the current presidential administration. The report created by Arcview,s data ... growth in this industry are the passage and subsequent implementation ...
Breaking Medicine Technology:
(Date:3/24/2017)... ... March 24, 2017 , ... ... its innovative EcoQube Frame vertical micro-veggies garden on Kickstarter . Surpassing the ... product – with nearly 2,000 consumers (and counting) already backing the campaign. ...
(Date:3/24/2017)... County, NY (PRWEB) , ... March 24, 2017 , ... ... Somers and White Plains, N.Y., is pleased to announce Westchester resident Lauren C. Enea ... a law clerk for the firm, will concentrate her practice in elder law, Medicaid ...
(Date:3/24/2017)... , ... March 24, 2017 , ... ... first Certified Medical Reiki™ Master in Frederick, MD. Judy says, “I am passionate ... during what is often a very difficult and challenging time.” , A Certified ...
(Date:3/24/2017)... ... March 24, 2017 , ... “The Communion of ... people of God in congregations across the United States. “The Communion of ... in 1964 who has served congregations in seven states throughout his long career ...
(Date:3/23/2017)... ... March 23, 2017 , ... The physicians of KSF Orthopaedic Center PA ... Area. The new location is located at 2255 E. Mossy Oaks Rd., Suite 440, ... newest location will provide patients living in the north Houston area (The Woodlands, Conroe, ...
Breaking Medicine News(10 mins):