PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1534949
PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1534949
The market for 3D cardiac mapping systems is a relatively new and emerging segment of the medical devices market, specializing in the identification and treatment of life-threatening heart diseases. These systems give dynamic and detailed three-dimensional images of the electrical activity of the human heart therefore increasing the accuracy of cardiac procedures. Growth in the market is chiefly due to growth in the incidence of cardiovascular diseases, shifting trends in preference towards fewer invasive surgeries, and continuous innovation in technology used in cardiac mapping systems. Furthermore, a rise in healthcare costs, a rise in the geriatric population, as well as government support for the same makes the market more conducive.
The market for 3D cardiac mapping systems market is set to exhibit a growth rate of about 10%. This is mainly due to the rise of cardiovascular complications, which also increases the market for a 3D cardiac mapping system for patients, as more individuals require improved diagnosis and treatment options. Furthermore, the companies are engaged in R&D to develop new mapping techniques for cardiac medical applications and focus on expanding awareness of activities most relevant to patients, customers, and healthcare personnel for the effective use of these advanced cardiac mapping systems worldwide. For instance, in April 2022, Philips showcased its latest KODEX-EPD cardiac mapping and navigation system at the 2022 European Heart Rhythm Association annual meeting.
Also, in June 2021, Cardiac Insights, Inc., a United States-based healthcare innovator, launched its Cardea SOLO ECG System at Arab Health 2021. Cardea SOLO combines a single-use, patient-friendly wearable ECG sensor with 100% in-clinic automated software administered by physicians.
Based on type, the market is segmented into electroanatomical mapping, basket catheter mapping, and real-time positional management (cardiac pathways) EP system. Among these, electroanatomical mapping is expected to have the largest market share of the 3D cardiac mapping system market by offering precise, real-time visualization of cardiac electrical activity. This technology enables cardiologists to create detailed anatomical maps of the heart's electrical pathways, aiding in the diagnosis and treatment of arrhythmias and other cardiac conditions. Its ability to enhance procedural efficiency, reduce radiation exposure, and improve patient outcomes positions electroanatomical mapping as a critical driver in expanding the adoption and growth of 3D Cardiac Mapping Systems globally.
Based on the application, the market is segmented into hospitals & clinics, ambulatory surgical centers, and others. Among these, the hospitals & clinics category is expected to have the largest market share of the 3D cardiac mapping systems market due to cardiovascular diseases have become more prevalent in healthcare facilities, and as such, these facilities are continually in need of accurate and efficient cardiac mapping systems. Due to the implementation of these 3D cardiac mapping systems, hospitals, and clinics can easily promote the effectiveness of their diagnosis and increase patient satisfaction and procedural efficiency. They invest heavily in new and advanced medical technology that not only enhances the adoption rates and utilization of 3D cardiac mapping systems but also actively drives the growth of the market through constant innovation and bringing 3D cardiac mapping systems to mainstream cardiac care.
For a better understanding of the market adoption of 3D cardiac mapping systems, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. The North American 3D cardiac mapping system market refers to the consumption of technology solutions through which comprehensive and enhanced geometrical representations of cardiac electrical characteristics are developed. The drivers of this market include growing cases of cardiac arrhythmias and other disorders, growing trends in minimally invasive surgeries, and the existing burgeoning of mapping systems technology. Some of the significant driving forces include advancements in technologies in mapping as a way of enhancing precision in the future, the good healthcare system, and the relationships between the Internet of Things and medical device informing and healthcare providers, deepening the market and improving the quality of care for the people.
Some of the major players operating in the market include Abbott; Acutus Medical, Inc.; APN Health, LLC; BioSig Technologies, Inc.; Biotronik; Boston Scientific Corporation; Catheter Precision Inc.; Johnson & Johnson Services, Inc.; Koninklijke Philips N.V.; and Medtronic.