Italy Electrophysiology Devices Market Size & Outlook
Italy electrophysiology devices market, 2018-2030 (US$M)
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Italy electrophysiology devices market highlights
- The Italy electrophysiology devices market generated a revenue of USD 224.8 million in 2023 and is expected to reach USD 571.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 14.3% 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 224.8 million |
| Market revenue in 2030 | USD 571.9 million |
| Growth rate | 14.3% (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, Italy accounted for 2.2% 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 Europe, Germany electrophysiology devices market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 571.9 million by 2030.
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Electrophysiology Devices Market Scope
Electrophysiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 44.88% in 2024. Horizon Databook has segmented the Italy 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.
Cardiac arrest cases suddenly increased in Italy, primarily due to a scarcity of resources during the pandemic, which created a demand for defibrillators in the country. According to the ECHOES Srl, cardiac arrest cases increased by more than 60% in 2020 compared to 2019.
EP devices are used to treat cardiac arrest and they work by helping to regulate the heart's electrical signals, which can be disrupted during cardiac arrest. One common EP device used for this purpose is an implantable cardioverter defibrillator. These factors are expected to support market growth in the country.
In addition, the rising consumption of high-calorie food along with a sedentary lifestyle led to the high prevalence of heart diseases in the population of all ages in the country. This, in turn, increased the incidence of cardiac ailments in the country, which plays a significant role in 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 Italy electrophysiology devices market, including forecasts for subscribers. This country databook contains high-level insights into Italy electrophysiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy electrophysiology devices market size, by application, 2018-2030 (US$M)
Italy Electrophysiology Devices Market Share, 2024 & 2030 (US$M)
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