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:6/23/2016)... startling report released today, National Safety Council research shows ... plan to eliminate prescription opioid overdoses. Prescription Nation ... the worst drug crisis in recorded U.S. history, assigned a "Making ... , New Mexico , Tennessee ... states, three – Michigan , Missouri ...
(Date:6/23/2016)... Research and Markets has announced the ... report to their offering. ... favourable commercial environment for MedImmune to enter. The US ageing ... serve to drive considerable growth for effective anti-influenza medications. The ... sales considerably, but development is still in its infancy. ...
(Date:6/23/2016)... Ill. and BOGOTA, Colombia , June 23, 2016  Astellas today announced the establishment ... Astellas Farma Brasil as the company,s second affiliate in Latin America . ... ... General Manager of Astellas Farma Colombia ... ...
Breaking Medicine Technology:
(Date:6/27/2016)... ... June 27, 2016 , ... A ... revolutionize the emergency ambulance transport experience for the millions of people who require ... has disrupted the taxi industry through the use of technology. Now, SmartEMS has ...
(Date:6/26/2016)... ... June 26, 2016 , ... PawPaws brand pet supplements ... that was developed to enhance the health of felines. The formula is all-natural and ... main herbs in the PawPaws Cat Kidney Support Supplement Soft Chews are ...
(Date:6/25/2016)... ... , ... The temporary closing of Bruton Memorial Library on June 21 due to a possible ... often overlooked aspect of head lice: the parasite’s ability to live away from a human ... but a necessary one in the event that lice have simply gotten out of control. ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, ... Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments in ... the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott in ...
(Date:6/24/2016)... ... ... was in a crisis. Her son James, eight, was out of control. Prone to extreme ... “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there was ... other children and say he was going to kill them. If we were driving ...
Breaking Medicine News(10 mins):