Kuwait Electrophysiology Devices Market Size & Outlook
Kuwait electrophysiology devices market, 2018-2030 (US$M)
Related Markets
Kuwait electrophysiology devices market highlights
- The Kuwait electrophysiology devices market generated a revenue of USD 21.7 million in 2023 and is expected to reach USD 39.9 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 9.1% 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 21.7 million |
| Market revenue in 2030 | USD 39.9 million |
| Growth rate | 9.1% (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, Kuwait accounted for 0.2% 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 Middle East & Africa, South Africa electrophysiology devices market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 100.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Electrophysiology Devices Market Scope
Electrophysiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait 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 47% in 2024. Horizon Databook has segmented the Kuwait 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 primary factor driving the EP device market in Kuwait is the increasing prevalence of heart diseases. Heart diseases, including coronary heart diseases, are a significant health concern in Kuwait, and the demand for EP devices is directly influenced by the number of people affected by these conditions.
In addition, Kuwait’s growing aging population contributes to market growth. As per the United Nations Population Fund’s World Population Dashboard data for 2021, around 3.4% of Kuwait’s population is 65 years and over.
Moreover, with the senior population being more vulnerable to CVDs, the expected expansion of this age group is expected to lead to increased demand for cardiac devices, like EP devices.
Reasons to subscribe to Kuwait electrophysiology devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Kuwait electrophysiology devices market databook
-
Our clientele includes a mix of electrophysiology devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait electrophysiology devices market, including forecasts for subscribers. This country databook contains high-level insights into Kuwait electrophysiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Kuwait electrophysiology devices market
Kuwait Electrophysiology Devices Market Share, 2024 & 2030 (US$M)
Kuwait electrophysiology devices market
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
