Cardiac Mapping Market | Covid-19 Impact Analysis

Cardiac Mapping Market Insights

Cardiac Mapping Market is likely to witness a CAGR of 8.9% during the forecast period. The prime factors that are driving the cardiac mapping market are growing investments, funds, and grants; increasing incidence of target diseases; entry of new players; and growth in the geriatric population.

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Market Share Analysis

Cardiac Mapping Market Share: By Product Type

Based on the product type, the market is segmented as contact cardiac mapping system and non-cardiac mapping systems. Contact cardiac mapping system is expected to witness a higher growth during the forecast period. Contact cardiac mapping system further includes electroanatomical mapping, basket catheter mapping, and traditional endocardial mapping. Major advantages of contact cardiac mapping system such as detection of the precise locations of mapping and ablation catheters in a three-dimensional environment, also with multi-electrode basket catheter, recording just a few beats might be enough to uncover the arrhythmia circuit are the factors increasing its adoption.

Cardiac Mapping Market Share: By Indication Type

Based on the indication type, the cardiac mapping market is segmented as atrial fibrillation, atrial flutter, AVNRT, and other arrhythmias. Atrial fibrillation holds the largest share of the market and is also expected to witness a healthy growth during the forecast period.

Cardiac Mapping Market Share: By Region

In terms of regions, North America is estimated to be the largest market for cardiac mapping during the forecast period. Increase in approval rate of mapping systems and clinical trials validating cardiac mapping systems in the USA, high incidence of CVDs, growing focus of government organizations on providing funding for research, and increasing geriatric population in Canada are the major factors driving the North American market. Europe and Asia-Pacific are also expected to offer lucrative opportunities during the forecast period.

Some of the major players in the cardiac mapping market are Biosense Webster, Abbott, and Boston Scientific Corporation, Medtronic, MicroPort Scientific Corporation, EP Solutions SA, Acutus Medical, Koninklijke Philips N.V. (Royal Philips), Lepu Medical, BIOTRONIK, AngioDynamics, BioSig Technologies, APN Health, CoreMap, Kardium, Catheter Precision, and Epmap-System.

Market Scope & Segmentation

Cardiac mapping is the process of identifying the temporal and spatial distribution of myocardial electrical potentials during a particular heart rhythm. It covers several modes of mapping such as body surface, endocardial, and epicardial mapping. The global cardiac mapping market is categorized on the basis of product type in to contact mapping system and non-contact mapping systems. Based on the indication type, it is categorized into atrial fibrillation, atrial flutter, and AVNRT.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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The cardiac mapping market is segmented into the following categories. 

Cardiac Mapping Market Size, Share, & Forecast, by Product Type:

• Contact Mapping System

• (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• (Type Analysis: Electroanatomical mapping, Basket catheter mapping, and Traditional endocardial catheter mapping)

• Non-contact Cardiac Mapping Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Cardiac Mapping Market Size, Share, & Forecast, by Indication Type:

• Atrial Fibrillation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Atrial Flutter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• AVNRT (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other Arrhythmias (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Cardiac Mapping Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by indication type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].