Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. Electrophysiology equipment analyzes the electrical activity of the heart. Electrophysiology diagnostic catheters are used for temporary intracardiac sensing, recording, stimulation, and mapping. GlobalData uses proprietary data and analytics to provide a comprehensive report on the electrophysiology diagnostic catheters market in Australia. Buy the latest report here.
In 2022, GlobalData’s Market Model methodology determined that the leading player in the electrophysiology diagnostic catheters market in Australia was Abbott Laboratories followed by Biosense Webster, Biotronik SE & Co, Boston Scientific, Medtronic and Siemens Healthineers.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
An electrophysiology diagnostic catheter includes a tube with an electrode at its end which is threaded through an artery into the heart to record electrical activity. The catheter can also emit electrical impulses and detect the heart’s response. Standard and advanced diagnostic catheters are tracked under this segment. Standard diagnostic catheters tracked are fixed and steerable diagnostic catheters. Advanced diagnostic catheters tracked are pulmonary vein loop catheters and ultrasound diagnostic catheters.
The electrophysiology diagnostic catheters market in Australia can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size electrophysiology diagnostic catheters in Australia, buy the report here.