Global Ablation Devices Market, By Product (Laser Ablators, Radiofrequency Ablators, Microwave Ablators, Ultrasound Ablators, Electric Ablators, Hydrothermal Ablators, Cryoablators), Technology Type (Radiofrequency Ablation, Microwave Ablation, Cryoablation, High-Intensity Focused Ultrasound, Laser Interstitial Thermal Ablation, Others), Function (Automatic, Robotic), Procedure (Tumor Ablation, Varicose Veins, Atrial Fibrillation, Aesthetics-Skin Rejuvenation and Tightening, Laser, Other Energy Based Therapies), Application (Cancer Treatment, Cosmetic Treatment, Urological Treatment, Orthopedic Treatment, Ophthalmic Treatment, Pain Management, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Ablation devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 8.98 billion by 2027 and will grow at a CAGR of 12.3% in the above-mentioned forecast period.
The ablation devices market has gained immense popularity all over the world owing to the rising incidence of chronic diseases, largely tumorigenic cancer and other cardiovascular disorders. Also the high demand for minimally invasive procedures is spurring the overall ablation devices market growth over the forecast period of 2020 to 2027.
Moreover, factors such as the rising advancement in healthcare technology, growing focus increasing ablation procedures, rising cases of cancer, rapid increase in the geriatric population, increasing R&D expenditure, increasing incidences of kidney stone, rising trend of using RF ablation in cancer treatment, along with the expanding instances of life-threating diseases such as varicose vein and different health conditions are some of the key aspects driving the market of ablation devices globally. Whereas, the lack of advanced and innovative technologies to treat cancer along with high cost incurred with these devices will impede the growth of the ablation devices market. In addition the increasing adoption of artificial intelligence-based tools for drug discovery which is likely to fuel demand and enable the growth of the ablation devices market in the above mentioned forecast period.
Additionally, the rapid advancement in healthcare technologies and increase in the number of product launches will present ample growth opportunities for the ablation devices market to grow in the forecast period of 2020 to 2027. The strict regulatory approval is the major factor expected to challenge the ablation devices market.
This ablation devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on ablation devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Ablation Devices Market Scope and Market Size
Ablation devices market is segmented on the basis of product, technology type, function, procedure and application. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, the ablation devices market is segmented into laser ablators, radiofrequency ablators, microwave ablators, ultrasound ablators, electric ablators, hydrothermal ablators and cryoablators. Laser ablators have further been segmented into excimer laser ablators and cold laser ablators. Radiofrequency ablators have further been segmented into temperature-controlled radiofrequency ablators, fluid-cooled radiofrequency ablators and robotic catheter manipulation systems. Ultrasound ablators have further been segmented into high-intensity focused ultrasound (HIFU) ablators, magnetic resonance-guided focused ultrasound (MRGFUS) ablators, ultrasonic surgical ablation systems and extracorporeal shockwave lithotripsy (ESWL) systems. Electric ablators have further been segmented into argon plasma/beam coagulators and irreversible electroporation ablators. Hydrothermal ablators have further been segmented into endometrial hydrothermal balloon ablation devices. Microwave ablators have further been segmented into microwave thermotherapy devices. Cryoablators have further been segmented into tissue contact probes, tissue spray probes and epidermal and subcutaneous cryoablation devices.
- The technology type segment of the ablation devices market is segmented into radiofrequency ablation, microwave ablation, cryoablation, high-intensity focused ultrasound, laser interstitial thermal ablation and others.
- Based on function, the ablation devices market is divided into automatic and robotic.
- On the basis of procedure, the ablation devices market is segmented into tumor ablation, varicose veins, atrial fibrillation, aesthetics-skin rejuvenation and tightening, laser and other energy based therapies.
- The application segment of ablation devices market is segmented into cancer treatment, cosmetic treatment, urological treatment, orthopedic treatment, ophthalmic treatment, pain management and others.
Global Ablation Devices MARKET Country Level Analysis
Ablation devices market is analyzed and market size insights and trends are provided by country, product, technology type, function, procedure and application as referenced above.
The countries covered in the ablation devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the ablation devices market owing to the increasing launches of ablation systems in this particular region.
Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2020 to 2027 owing to the rising prevalence of cancer in the region.
The country section of the ablation devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Ablation devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for ablation devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ablation devices market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Ablation Devices Market Share Analysis
Ablation devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ablation devices market.
The major players covered in the ablation devices market report are Varian Medical Systems Inc., Biosense Webster, Inc., Elekta AB, Medtronic, Johnson & Johnson Services, Inc., Alcon, Bausch & Lomb Pvt Ltd., EDAP TMS, Halyard, Olympus Corporation, Abbott, AngioDynamics, AtriCure, Inc., Boston Scientific Corporation and CONMED Corporation, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Ablation Devices Market
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