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 2028
Market Analysis and Insights : Global Ablation Devices Market
The ablation devices market is expected to witness market growth at a rate of 11.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on ablation devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the prevalence cancer is escalating the growth of ablation devices market.
Ablation devices refer to the type of devices that provide minimally invasive alternative to traditional surgical treatment of prostate, kidney, liver and lung cancers.
The increase in the growing prevalence of chronic and cardiovascular diseases acts as one of the major factors driving the growth of ablation devices market. The rise in the consumer inclination towards minimally invasive surgeries owning to their various benefits such as fast recovery and less pain and the increase in the geriatric population prone to ailments accelerates the ablation devices market growth. The increase in trend of using RF ablation in cancer treatment and advent of next-generation ablation products and technologies further influence the ablation devices market. Additionally, surge in healthcare funding by private and public sector, acceptance of advanced technologies, increase in healthcare expenditure, research and development activities and surge in investments positively affect the ablation devices market. Furthermore, technological developments and new product launches extend profitable opportunity to the ablation devices market players in the forecast period of 2021 to 2028.
On the other hand, unfavorable regulatory scenario and issues with reuse and reprocessing of devices in developing countries are the factors expected to obstruct the ablation devices market growth. The problem with product recalls is projected to challenge the ablation devices market in the forecast period of 2021-2028.
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
The 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 meagre 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.
- On the basis of 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.
- On the basis of technology type, the ablation devices market is segmented into radiofrequency ablation, microwave ablation, cryoablation, high-intensity focused ultrasound, laser interstitial thermal ablation and others.
- On the basis of function, the ablation devices market is segmented into automatic and robotic.
- On the basis of procedure, the ablation devices market is segmented into tumor ablation, varicose veins, atrial fibrillation and aesthetics-skin rejuvenation and tightening, laser and other energy based therapies.
- On the basis of application, the 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
The 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 global ablation devices market report are the 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 dominates the ablation devices market due to the high prevalence of cancer, high purchasing power, technological advancements and government support for quality healthcare. Asia-Pacific is expected to witness high growth during the forecast period of 2021-2028 due to the introduction of advanced technology, improving healthcare infrastructure and growing economic conditions in the emerging economies such as China and India.
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
The 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 ablation devices market. The data is available for historic period 2011-2019.
Competitive Landscape and Ablation Devices Market Share Analysis
The 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.
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