Cardiac Mapping Market Analysis & Forecast, 2020-2025

The global cardiac mapping market generated revenue of US$ 1.5 billion in 2020 and is expected to reach US$ 2.3 billion by 2025 with a CAGR of 8.9% in the forecast period. The cardiac mapping market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global cardiac mapping market. In qualitative terms, the cardiac mapping market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of cardiac mapping in various segments such as by product & indication at global, regional, and country-level. Also, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.

Segment Analysis

• The contact mapping systems segment accounts for the dominating position in the market.  
  • Based on products, the cardiac mapping market is segmented into contact mapping systems and non-contact mapping systems. The contact mapping systems segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period. The contact mapping systems segment is further segmented into electro-anatomical mapping, basket catheter mapping, and traditional endocardial catheter mapping. The electro-anatomical mapping segment holds the dominant market position whereas basket catheter mapping is expected to grow with the highest CAGR during the forecast period.
• AVNRT indication is expected to grow with the highest CAGR in the forecast period. 
  • Based on indication, the cardiac mapping market is segmented into atrial fibrillation, atrial flutter, and AVNRT. The AVNRT indication is expected to grow with the highest CAGR during the forecast period. The large proportion of this segment can mainly be due to the increasing prevalence of AF across the globe.
• North America accounts for the dominating position in the market. 
  • Based on the region, the cardiac mapping market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to contribute to the larger market share in 2020. The United States and Canada are the largest market-driven countries in this region. Moreover, Asia Pacific is projected to rise at the fastest CAGR in the forecast period. China, India, and Japan are some of the major market-driven countries in this region.
• Cardiac mapping market players: 
  • Some of the major players of cardiac mapping market are as follows: 
    • Abbott Laboratories
    • Acutus Medical
    • Angiodynamics
    • APN Health, LLC
    • Biosense Webster, Inc.
    • Biosig Technologies, Inc.
    • Biotronik
    • Boston Scientific Corporation
    • CoreMap
    • EP Solutions Sa
    • Kardium, Inc
    • Koninklijke
    • Lepu Medical
    • Medtronic Plc
    • Microport Scientific Corporation
    • Philips N.V.
  • The study also focuses on different business or inorganic market growth strategies through technology advancement, business expansion, alliances and mergers and acquisitions to create disruptive technologies and consumer networks.
• Key questions the report answers 
  • Which factors will contribute to a change in the demand for cardiac mapping during the evaluation phase?
  • What are the major driving factors that accelerate the growth of the market?
  • What are the restraints which hinders the growth of the market?
  • What segment offers the most development opportunities?
  • Which region provides the key growth opportunity to the market?
  • Who are the major industry players?
  • What are the key strategies adopted by the market players?