The global ablation technologies market is expected to exceed US$ 13 billion by 2022, registering a compound annual growth rate (CAGR) of 12% during the forecast period. The rising incidence of cancer, growing prevalence of cardiovascular diseases, increasing number of ablation procedures, and the increasing number of hospitals, surgical, and ablation centers are factors driving the ablation technologies market. However, the reuse and reprocessing of devices in developing countries, healthcare cost-containment measures, and unfavorable regulatory scenario are hampering the growth of the ablation technologies market.
In this report, the global ablation technologies market is segmented by technology, application, and region. On the basis of technology, the market is segmented into microwave, electrical, light or laser, cryotherapy, radiofrequency, ultrasound or high intensity focused ultrasound, and others. The radiofrequency segment is estimated to have the largest share of the market. The market on the basis of application is segmented into ophthalmology, urology, pain management, oncology, gynecology, cardiovascular, and others.
The global ablation technologies market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, and Rest of the World. North America accounts for the largest share of the ablation technologies market. The Asia Pacific market is projected to register the highest CAGR during the forecast period. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional ablation technologies market and analyzes the variations in the growth of the industry in certain regions.
A glimpse of the report structure is provided in the report description available on the website.
Angiodynamics, Inc., Biosense Webster Inc., Boston Scientific Corporation, AtriCure, Inc., Medtronic, BSD Medical Corporation, St. Jude Medical Inc. are the most active players in the ablation technologies market.
This report covers the ablation technologies market, in terms of value, and forecasts the market size till 2022. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global ablation technologies market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.
The deep-dive study on the ablation technologies market will help customers with identifications of new market opportunities and targeted promotional plans. The report provides global market trends, with data from 2013, estimates for 2014 and 2015, and projections of CAGRs through 2022.
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