Canada Electrophysiology Devices Market Size & Outlook
Canada electrophysiology devices market, 2018-2030 (US$M)
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Canada electrophysiology devices market highlights
- The Canada electrophysiology devices market generated a revenue of USD 427.5 million in 2023 and is expected to reach USD 997.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 12.9% 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 427.5 million |
| Market revenue in 2030 | USD 997.3 million |
| Growth rate | 12.9% (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, Canada accounted for 4.2% 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 North America, U.S. electrophysiology devices market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 11,195.2 million by 2030.
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Electrophysiology Devices Market Scope
Electrophysiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 46.74% in 2024. Horizon Databook has segmented the Canada 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 growth of the EP Devices Market in Canada is supported by various factors, such as increasing prevalence of CVDs, growing geriatric population, adoption of technologically advanced products, and rising demand for minimally invasive surgeries.
According to Statistics of Canada, in 2023, the number of persons aged 65 years and older is estimated at around 7,568,308. Furthermore, the increasing awareness about the benefits of early diagnosis and treatment of cardiac arrhythmias is expected to drive the demand for EP devices in Canada.
The favorable healthcare policies and government initiatives to improve the healthcare infrastructure also contribute to the 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada electrophysiology devices market, including forecasts for subscribers. This country databook contains high-level insights into Canada electrophysiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada electrophysiology devices market size, by application, 2018-2030 (US$M)
Canada Electrophysiology Devices Market Share, 2024 & 2030 (US$M)
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