Wednesday, May 8, 2013

Electrophysiology (EP) Devices

The broad 'health care' division has been witnessing a rapid growth and technological improvements varying from sector to sector since the past 3-5 years. The evolution of cardiac devices has opened new vistas in the health care industry. Growth rate exhibited by the cardiac devices industry, even during the recession years, confirms the positive growth prospects going ahead. BRICSS electrophysiology devices market forecasts are expected to reach at US$0.84 million by 2015 at a CAGR of 10.5% during the analysis period 2009-2015. China accounts for nearly 24% of the global value and India also claims a closer percentage of the market. In terms of CAGR, China is the fastest growing regions while India and South Korea are just behind. Among the product types, diagnostic electrophysiology catheters account for nearly 70% of the market value while laboratory devices and ablation catheters round off to 30%. Forecasts for BRICSS conventional diagnostic EP segment indicate more

Original Post Electrophysiology (EP) Devices - Emerging Markets (Brazil, Russia, India, China, South Africa And South Korea), 2009-2015

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