Wolff Parkinson White Syndrome Global Market : Analysis, Opportunities, Future Trends And Forecasts To 2025
Market Overview:
The global Wolff Parkinson White Syndrome Market was valued at USD 957.3 million in 2016 and is projected to reach USD 1,280.0 million by 2025, growing at a CAGR of 3.3% from 2017 to 2025. Wolff-Parkinson-White (WPW) syndrome is a rare congenital heart disorder involving irregularities in the electrical transmission system of the heart. In WPW syndrome, an abnormal alternate electrical pathway exists resulting in arrhythmias (abnormal heartbeat rhythms) and tachycardia (faster than normal heartbeats).
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Market Dynamics:
1. Market Drivers
1.1 increasing screening for genetic diseases
1.2 rising awareness and growing income of people
2. Market Restraints
2.1 poor cure rates
2.2 poor efficacy and effectiveness drugs
Market Segmentation:
1. Global Wolff Parkinson White Syndrome Market, by Type:
1.1 Type A
1.2 Type B
2. Global Wolff Parkinson White Syndrome Market, by Diagnosis:
2.1 Electrocardiogram (ECG)
2.2 Electrophysiological Testing
2.3 Others
3. Global Wolff Parkinson White Syndrome Market, by Treatment:
3.1 Cardioversion
3.2 Radiofrequency Catheter Ablation
3.3 Surgery
3.4 Artificial Pacemaker
3.5 Drugs
3.5.1 Anti-Arrhythmic
3.5.2 Beta-Blockers
3.5.3 Others
4. Global Wolff Parkinson White Syndrome Market, by End User:
4.1 Hospitals & Clinics
4.2 Academic And Research
4.3 Others
5. Global Wolff Parkinson White Syndrome Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Angio Dynamics
2. Medtronic
3. Boston Scientific Corporation
4. St. Jude Medical
5. Abbott
6. GlaxoSmithKline LLC
7. Teva Pharmaceutical Industries
8. Sanofi S.A.
9. Novartis International AG
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology:
Research study on the Wolff Parkinson White Syndrome Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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