Stereotaxis, Inc. Common Stock (STXS)

Palm Beach, FL – June 30, 2021 – Atrial fibrillation (AF) is the most common sustained cardiac arrhythmia, and much research is devoted to this market. AF is responsible for most arrhythmia-related hospitalizations and leads to the greatest length of hospital stay associated with any disorder of the cardiac rhythm. According to a report from MarketsAndMarkets, AF is the most common arrhythmia diagnosed in clinical practices, affecting over 886,000 new people each year in Europe. By 2030, the number of people with AF is expected to increase by up to 70% of the population; by 2050, Europe is expected to have the highest number of patients with AF. In the US, AF affected between about 2.7 million to 6.1 million people in 2012; this is estimated to rise to 12.1 million by 2030. According to a study published in the Medical Journal of Australia in August 2015, the number of AF patients aged above 55 years in Australia is estimated to reach to over 600,000 cases by 2034. The rising incidence of these diseases will correspondingly drive the demand for EP procedures, which makes it a primary growth driver for the electrophysiology market.   The Markets report also said that the global electrophysiology market is projected to reach USD 10.6 billion by 2025 from USD 6.8 billion in 2020, growing at a CAGR of 9.1% from 2020 to 2025.   Active healthcare and tech stocks in news today include:  BioSig Technologies, Inc. (NASDAQ: BSGM), Medtronic plc (NYSE: MDT), Acutus Medical (NASDAQ: AFIB), iRhythm Technologies, Inc. (NASDAQ: IRTC), Stereotaxis (NYSE: STXS).