Brazil Electrophysiology Devices Market Size & Outlook
Brazil electrophysiology devices market, 2018-2030 (US$M)
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Brazil electrophysiology devices market highlights
- The Brazil electrophysiology devices market generated a revenue of USD 139.7 million in 2023 and is expected to reach USD 316.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, ablation catheters was the largest revenue generating device in 2023.
- Ablation Catheters is the most lucrative device segment registering the fastest growth during the forecast period.
Electrophysiology devices market data book summary
| Market revenue in 2023 | USD 139.7 million |
| Market revenue in 2030 | USD 316.5 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Ablation catheters |
| Fastest growing segment | Ablation Catheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic Catheters, Laboratory Devices, Access Devices, Ablation Catheters |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Abbott Laboratories, Johnson & Johnson, BIOTRONIK, GE Aerospace, Siemens Healthineers AG ADR, MicroPort Scientific Corp, Koninklijke Philips NV |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.4% of the global electrophysiology devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil electrophysiology devices market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 194.4 million by 2030.
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Electrophysiology Devices Market Scope
Electrophysiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil electrophysiology devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electrophysiology devices market will help companies and investors design strategic landscapes.
Ablation catheters was the largest segment with a revenue share of 48.75% in 2024. Horizon Databook has segmented the Brazil electrophysiology devices market based on diagnostic catheters, laboratory devices, access devices, ablation catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The rising prevalence of CVD in Brazil prompts continuous innovation in EP devices, leading to the development of more effective technologies for diagnosing & treating cardiac arrhythmias and other cardiovascular disorders.
According to the American Heart Association, in 2019, CVDs were responsible for nearly 400,000 fatalities. Noncommunicable diseases are reported in 72% of all mortality cases in Brazil, with approximately one-third attributed to CVDs, which rank as the primary cause of death in the country.
As CVD remains a leading cause of mortality, there is a growing demand for advanced diagnostic and therapeutic solutions to manage cardiac arrhythmias & other related conditions. Furthermore, increasing awareness about various heart diseases in Brazil is vital in driving market growth.
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Our clientele includes a mix of electrophysiology devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil electrophysiology devices market, including forecasts for subscribers. This country databook contains high-level insights into Brazil electrophysiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil electrophysiology devices market size, by application, 2018-2030 (US$M)
Brazil Electrophysiology Devices Market Share, 2024 & 2030 (US$M)
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