Electrophysiology (EP) Laboratory Devices Market to Register Substantial Expansion by 2024

An electrophysiology (EP) laboratoryis an operating room or a theatre equipped with high-tech equipment used in the treatment of cardiovascular problems such as arrhythmia, fibrillation, congestive heart failure and stroke among others. EP lab offers patients the opportunity to have their arrhythmia, or irregular heartbeat, tested, diagnosed and treated. An irregular heartbeat can lead to heart complications, fatigue, congestive heart failure or stroke. The EP lab focuses on the electrical function of the heart and treats various conditions on the spot.

  • Electrophysiology laboratory devices market: Devices

Cardiac mapping can map and detect specific electrical activity of the heart in real time. Any electric irregularities can be immediately diagnosed and potentially treated. Ablation studies can identify a patient’s electrophysiological weaknesses and diagnose diseases to provide suitable preventive measures. This non-surgical, minimally invasive process involves threading a small catheter into the heart. Electric impulses are studied and then potentially blocked or treated to create a regular rhythm in the heart.

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  • Electrophysiology laboratory devices market: WHO report

According to World Health Organization, around 17.5 million people die every year due to cardiovascular diseases. It is expected that, by 2030 about 23 million people may die each year due to cardiovascular diseases. This increasing prevalence of cardiac diseases is expected to boost the electrophysiology market as more and more patients will need medical attention. The prevalence of cardiac diseases is higher in developing nations.

With the potential of 12 million atrial fibrillation patients by the year 2050 and improvements in technology for atrial fibrillation ablation therapy, significant growth is predicted for the number of hospitals building electrophysiology labs. It is estimated that there are about 2,000 electrophysiology labs in the U.S. and 2,000 electrophysiology labs outside the U.S., each with an electrophysiology recording system costing an average of approximately $250,000.