Middle East and Africa Electrophysiology Catheter Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Product Type (Electrophysiology Diagnostic Catheters and Electrophysiology Ablation Catheters), Application (Diagnosis and Monitoring, Imaging and Mapping, and Treatment of Cardiac Arrhythmias), and End User (Hospitals, Ambulatory Surgical Centers, and Cardiac Catheterization Labs)


No. of Pages: 146    |    Report Code: TIPRE00026643    |    Category: Life Sciences

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Middle East and Africa Electrophysiology Catheter Market
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The electrophysiology catheter market in Middle East & Africa is expected to grow from US$ 175.98 million in 2021 to US$ 287.21 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028.

Persistent improvement in medical science and continuous technological advancements resulted in extending longevity and improved quality of life. Developments, such as introducing three-dimensional (3D) EAM systems, have a long-lasting influence on catheter visualization, arrhythmia mapping, and reducing and eliminating fluoroscopy/radiation exposure in cardiac electrophysiology. Philips recently launched a new, non-fluoroscopic, dielectric-based imaging and navigation system, called KODEX-EPD. The system generates high-resolution 3D cardiac anatomical images without the need for direct catheter-tissue contact or pre-acquired imaging. Also, it holds high potential representing an open platform allowing high-quality procedures by reducing cost and burden on the patient. The company's design goal for electrophysiology catheters is to incorporate features that improve outcomes for patients and clinicians by reducing costs for healthcare providers. For example, these days, the technologically advanced catheter construction method revolves around separating the steering mechanism from the electrode sheath. Such notable developments results in many benefits for users involving technical advantages, such as improvement in versatility, safety, cost, and environmental benefits. As atrial fibrillation is the most common arrhythmia among the consumers, catheter ablation has become the second-line therapy showing great promise. The most common deficiency for the treatment of atrial fibrillation is the development of deep, long lesions. Manufacturers are launching innovative products to address this matter potentially. Thus, technological advancement is expected to fuel Middle East & Africa electrophysiology catheters market.

 

Economic uncertainties and ongoing conflicts are worsening conditions in the Middle East and Africa. In the Middle East, countries such as Syria, Libya, and Yemen are suffering violent conflicts; as a result, they cannot fully implement any public health measures. Iran was in a deep economic recession due to the US sanctions. Additionally, the financial condition is also degrading the economic activities in the region. The Organization for Economic Co-operation and Development report states that more than 2.2 million COVID-19 cases have been registered in the Middle East and North America (MENA). Among the Arab economies, Iraq has reported the most confirmed cases, followed by Saudi Arabia and Morocco, respectively. The situation is not the same in richer Gulf countries and developing economies in the Levant or North Africa. The pandemic has also tested the public sector, compelling governments to make quick decisions, manage crises, and implement drastic measures for protecting communities. They quickly implemented measures related to strengthening institutional coordination by creating inter-ministerial structures following the confirmation of the initial cases of COVID-19 in the region. Additionally, other measures involve the creation of technical and scientific committees for monitoring and evaluating the progress of the situation. Apart from that, in the MEA countries, 71.9% of the SARS-CoV-2 patients developed tachycardia cases, independent of hypotension and fever, and 14.9% were found to have bradycardia as a transient event. Governments of the Middle Eastern countries are creating awareness regarding the COVID-19 virus by encouraging public communications through campaigns on TV, radio, and social media. For EP procedures, many governments adopted measures focusing on the continuity of public services in countries where confinement rules were imposed. Teleworking arrangements and online tools have gained significant attention.

Middle East & Africa Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Electrophysiology Catheter Market Revenue and Forecast to 2028 (US$ Million)
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Middle East and Africa Electrophysiology Catheter Strategic Insights

Strategic insights for the Middle East and Africa Electrophysiology Catheter provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Middle East and Africa Electrophysiology Catheter Report Scope

Report Attribute Details
Market size in 2021 US$ 175.98 Million
Market Size by 2028 US$ 287.21 Million
Global CAGR (2021 - 2028) 7.2%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product Type
  • Electrophysiology Diagnostic Catheters and Electrophysiology Ablation Catheters
By Application
  • Diagnosis and Monitoring
  • Imaging and Mapping
  • Treatment of Cardiac Arrhythmias
By End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Cardiac Catheterization Labs
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Abbott
  • APT Medical Inc.
  • Biosense Webster (Johnson and Johnson Services, Inc.)
  • Boston Scientific Corporation
  • Medtronic
  • Stryker Corporation
  • Transonic Systems Inc.
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    Middle East and Africa Electrophysiology Catheter Regional Insights

    The geographic scope of the Middle East and Africa Electrophysiology Catheter refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Middle East & Africa Electrophysiology Catheter Market Segmentation

    Middle East & Africa Electrophysiology Catheter Market – By

    Product

    Type

    • Electrophysiology Ablation Catheters
      • Cryoablation Electrophysiology Catheter
      • Radiofrequency Ablation Catheters
      • Microwave Ablation Systems
      • Laser Ablation Systems
    • Electrophysiology Diagnostic Catheters
      • Conventional Electrophysiology Diagnostic Catheters
      • Advanced Electrophysiology Diagnostic Catheters
      • Ultrasound Electrophysiology Diagnostic Catheters

    Middle East & Africa Electrophysiology Catheter Market – By

    Application

    • Diagnosis and Monitoring
    • Treatment of Cardiac Arrhythmias
    • Imaging and Mapping

    Middle East & Africa Electrophysiology Catheter Market – By End User

    • Hospitals
    • Ambulatory Surgical Centers
    • Cardiac Catheterization Labs

    Middle East & Africa Electrophysiology Catheter Market– By Country

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa

    Middle East & Africa Electrophysiology Catheter Market-Companies Mentioned

    • Abbott
    • APT Medical Inc.
    • Biosense Webster (Johnson and Johnson Services, Inc.)
    • Boston Scientific Corporation
    • Medtronic
    • Stryker Corporation
    • Transonic Systems Inc.

    The List of Companies - Middle East and Africa Electrophysiology Catheter Market

    1. Abbott
    2. APT Medical Inc.
    3. Biosense Webster (Johnson and Johnson Services, Inc.)
    4. Boston Scientific Corporation
    5. Medtronic
    6. Stryker Corporation
    7. Transonic Systems Inc.
    Frequently Asked Questions
    How big is the Middle East and Africa Electrophysiology Catheter Market?

    The Middle East and Africa Electrophysiology Catheter Market is valued at US$ 175.98 Million in 2021, it is projected to reach US$ 287.21 Million by 2028.

    What is the CAGR for Middle East and Africa Electrophysiology Catheter Market by (2021 - 2028)?

    As per our report Middle East and Africa Electrophysiology Catheter Market, the market size is valued at US$ 175.98 Million in 2021, projecting it to reach US$ 287.21 Million by 2028. This translates to a CAGR of approximately 7.2% during the forecast period.

    What segments are covered in this report?

    The Middle East and Africa Electrophysiology Catheter Market report typically cover these key segments-

    • Product Type (Electrophysiology Diagnostic Catheters and Electrophysiology Ablation Catheters)
    • Application (Diagnosis and Monitoring, Imaging and Mapping, Treatment of Cardiac Arrhythmias)
    • End User (Hospitals, Ambulatory Surgical Centers, Cardiac Catheterization Labs)

    What is the historic period, base year, and forecast period taken for Middle East and Africa Electrophysiology Catheter Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Electrophysiology Catheter Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Middle East and Africa Electrophysiology Catheter Market?

    The Middle East and Africa Electrophysiology Catheter Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Abbott
  • APT Medical Inc.
  • Biosense Webster (Johnson and Johnson Services, Inc.)
  • Boston Scientific Corporation
  • Medtronic
  • Stryker Corporation
  • Transonic Systems Inc.
  • Who should buy this report?

    The Middle East and Africa Electrophysiology Catheter Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East and Africa Electrophysiology Catheter Market value chain can benefit from the information contained in a comprehensive market report.