Increasing incidence of cardiovascular disease and conditions such as diabetes, obesity, and hypertension are leading towards various hearts problems and technological advancements are major driving factors for the remote magnetic catheter systems market. Rising prevalence of atrial fibrillation in geriatric population and immense research and developments activities in the field of catheter ablation devices also propel the growth of remote magnetic catheter systems market over the forecast period. However, lack of skilled professionals and high cost of the treatment incurred by the patient, which obstruct the demands of these systems may be the factors expected to hamper growth of remote magnetic catheter systems market over the forecast period
Remote Magnetic Catheter Systems has been manufactured in such a manner that enhance patient care in atrial arrhythmia diagnosis and treatment. The remote magnetic catheter systems categorized into three main parts on the basis of its functionality, In the first part two large permanent magnets that are installed on both sides of the procedure table in the electrophysiology laboratory. These magnets are used to create an external magnetic field that will direct intra-cardiac devices such as ablation catheters. Secondly, a diagnostic mapping and ablation catheter that has a small magnet embedded in its tip and the third part of the systems is a computer that allows for the user to control and direct magnetic fields. Remote magnetic catheter systems have advantages over the conventional method. In remote magnetic catheter systems, the catheter stability plays the pivotal role to convert the complex ablation procedure into simplest one. Remote magnetic catheter systems enhance the efficacy and accuracy of procedure as well as its also help to reduce chances of radiation exposure to physicians, staff and patient.
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Remote Magnetic Catheter Systems: Regional Overview
Based on geographic region remote magnetic catheter systems are classified into seven key regions, North, America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, Middle East and Africa. The market in North America is supposed to hold the largest share of remote magnetic catheter systems in the global market, followed by Western Europe, owing to the presence of sophisticated healthcare infrastructure, surging research and favourable reimbursement scenario. In addition to that, rising funding by both government and private sectors are also gardening the growth of remote magnetic catheter systems market. Remote magnetic catheter systems in Asia- Pacific region and Japan are anticipated to grow at a higher rate owing to the presence of large consumer base and increasing support such as funding and grants from the government sector. However, the market for remote magnetic catheter systems in regions such as Latin America, Eastern Europe, and Middle East and Africa are estimated to show a stagnant growth over the forecast period.
Remote Magnetic Catheter Systems: Key Players
Some of the key market participants in the Remote Magnetic Catheter Systems are Biosense Webster stereotaxis Inc. and others. The company is involved in R&D to exploit maximum revenue potential in the global Remote Magnetic Catheter Systems Market.
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- Market Dynamics
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The global market for Remote Magnetic Catheter Systems segmented by application type, end user, and geography:
Based on the Application, Remote Magnetic Catheter Systems is segmented into following:
- Ablation of Supraventricular tachycardia
- Ablation of Atrial fibrillation
- Ablation of Ventricular tachycardia
- Coronary Interventions
- Others
Based on the End User, Remote Magnetic Catheter Systems is segmented into following:
- Hospital
- Specialty clinics
- Ambulatory surgical centers
Based on the Geography, Remote Magnetic Catheter Systems is segmented into following:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Japan
- The Middle East and Africa
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance