Middle East Ablation Devices & Diagnostic Electrophysiology Market, by Product (Electrophysiology Devices (3D Mapping Systems, Electrophysiology Recording, Intracardiac Echocardiography (ICE) Ultrasound Imaging System, Radiofrequency Ablation Systems, Electrophysiology X-ray Systems, Others (Diagnostic Catheters, etc.)), and Ablation Devices (Radiofrequency Ablation, Microwave Ablation, Cryoablation, High-Intensity Focused Ultrasound, Laser Interstitial Thermal Ablation, Others (Electrical Ablation, Hydro-chemical Ablation, etc.))), by Application (Oncology, Ophthalmology, Urology, Gynaecology, Cardiovascular, and Orthopedic Radiotherapy), by End User (Hospitals, Ambulatory Surgery Centers, Specialty Centers, and Others), and by Country (UAE, Israel, Saudi Arabia, Qatar, Bahrain, Kuwait, and Rest of Middle East), is estimated to be valued at US$ 24.0 million in 2021 and is expected to exhibit a CAGR of 9.9% over the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights.
Growing research in the field of ablation and electrophysiology devices is expected to drive the market growth over the forecast period.
For instance, in May 2017, College of Medicine and Health Services, which is affiliated with the United Arab Emirates University (UAEU), developed an innovative electrophysiology system that can be used to analyze the impact of diabetes (Type 1 and Type 2) on the heart muscle of the patient.
Middle East Ablation Devices & Diagnostic Electrophysiology Market – Impact of Coronavirus (Covid-19) Pandemic
COVID-19 outbreak was first reported on December 31, 2019, in Wuhan, China. According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 260 million cases and 5.2 million deaths due to Coronavirus (COVID-19) were reported up till November 28, 2021, across the globe.
The COVID-19 pandemic has negatively affected several markets across the globe, however, it is expected to boost demand for ablation devices & diagnostic electrophysiology. According to an article published in PubMed Central in December 2020, around 90% of critically ill COVID-19 positive patients suffer from at least one kind of ECG abnormality due to hypoxic injury, plaque rupture, myocardial injury, cytokine storm, and others. These abnormalities can be detected using cardiology electrodes, thus, COVID-19 pandemic is expected to have a positive impact on the growth of Middle East ablation devices & diagnostic electrophysiology market.