Sweden Electrophysiology Devices Market Size & Outlook
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Sweden electrophysiology devices market highlights
- The Sweden electrophysiology devices market generated a revenue of USD 40.2 million in 2023 and is expected to reach USD 90.9 million by 2030.
- The Sweden market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, ablation catheters was the largest revenue generating device in 2023.
- Ablation Catheters is the most lucrative device segment registering the fastest growth during the forecast period.
Electrophysiology devices market data book summary
| Market revenue in 2023 | USD 40.2 million |
| Market revenue in 2030 | USD 90.9 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Ablation catheters |
| Fastest growing segment | Ablation Catheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic Catheters, Laboratory Devices, Access Devices, Ablation Catheters |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Abbott Laboratories, Johnson & Johnson, BIOTRONIK, GE Aerospace, Siemens Healthineers AG ADR, MicroPort Scientific Corp, Koninklijke Philips NV |
Other key industry trends
- In terms of revenue, Sweden accounted for 0.4% of the global electrophysiology devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany electrophysiology devices market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 571.9 million by 2030.
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Electrophysiology Devices Market Scope
Electrophysiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Sweden electrophysiology devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electrophysiology devices market will help companies and investors design strategic landscapes.
Ablation catheters was the largest segment with a revenue share of 44.03% in 2024. Horizon Databook has segmented the Sweden electrophysiology devices market based on diagnostic catheters, laboratory devices, access devices, ablation catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare system in Sweden spends more on healthcare than any other European country, i.e., around 11% of the total GDP was spent in 2022. More than 10,000 people in Sweden suffer from SCA every year.
However, the survival rate in the country is much higher compared to other European countries, which doubled over the past 20 years. This can be attributed to the initiatives undertaken by the Government of Sweden in the prevention methods for SCA.
Sweden has a well-developed healthcare infrastructure with modern facilities and high healthcare access, which supports the adoption of advanced EP devices & procedures. The Swedish government prioritizes healthcare spending, including investments in medical technology.
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Target buyers of Sweden electrophysiology devices market databook
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Our clientele includes a mix of electrophysiology devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Sweden electrophysiology devices market, including forecasts for subscribers. This country databook contains high-level insights into Sweden electrophysiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden electrophysiology devices market size, by type, 2018-2030 (US$M)
Sweden Electrophysiology Devices Market Share, 2024 & 2030 (US$M)
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