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Cardiac Mapping System Market: Drivers and Restraints-
Adoption of cardiac mapping systems are increasing with time due to rising awareness regarding new technologies. The elimination of errors in diagnosis helps the physician in providing better cure and treatment. Increase in the numbers of patients with arrhythmia and other cardiac disorders, increasing healthcare expenditure and rising inventions to reduce diagnosis errors. The cardiac mapping systems market is anticipated to grow with a significant CAGR owing to precision and patient safety enabled by real-time monitoring and diagnosis time reduction features. Increase in prevalence and diagnosis rate of cardiac disorder is the major factor which is creating the demand for cardiac mapping systems. Limited adoption of advanced cardiac mapping system and the high cost of services are expected to restrain global cardiac mapping system market.
Cardiac Mapping System Market: Segmentation
On the basis of technology, cardiac mapping system market can be segmented as:
- Cardiac radionuclide imaging
- Remote Navigation Systems
- Magnetic Navigation System
- Robotic Navigation Systems
On the basis of the end user, the cardiac mapping system market can be segmented as:
- Ambulatory Surgical Centers
- Diagnosis Centers
Cardiac Mapping System Market: Overview
Cardiac mapping is basically used for measurement of electrical potential generated by chambers of heart. Evolution in technologies are occurring with time. New 3-D cardiac mapping systems are overcoming the features of conventional mapping systems with creation of three dimensional model of heart and track exact location of the catheter. New technologies in cardiac mapping systems allows movement of catheters without using X-ray. Advance cardiac mapping systems are designed to improve resolution, provide precision, gain quick cardiac activation maps. Now day’s real time positional management systems are widely used in cardiac mapping systems. Electro-anatomical mapping system are also widely used by professionals as it holds the potential to increase the efficacy and safety of catheters. These new technologies is very important because as the population ages, experiencing cardiac arrhythmias is expected to increase.
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Cardiac Mapping System Market: Region-wise Outlook
In terms of geography, cardiac mapping system market has been divided into eight regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding China & Japan (APECJ), China, Japan, Middle-East & Africa and Latin America. North America is the most dominating market for cardiac mapping system market due to increasing healthcare expenditure and adoption of new technologies in cardiac mapping such as 3D mapping. Western Europe like Germany, France, and the UK is another fastest growing region in cardiac mapping system market due to growing healthcare practices and development of manufacturing facilities. APECJ region includes two fastest developing countries India and China, which provide the most promising market for cardiac mapping system market players. Due to factors like increasing awareness, rapid improvement in healthcare services, large population pool and increased prevalence of cardiac diseases.
Cardiac Mapping System Market: Key Market Participants
Example of some key market participants in global cardiac mapping system market identify across the value chain are Biosense Webster Inc. (Johnson & Johnson), Boston Scientific Corporation, Medical Computer Systems Ltd., Abbott Laboratories, Aurora Health Care, Medtronic plc, General Electric Company and other.
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