Ablation Devices Market Size, Share, Analysis Report

Ablation Devices Market By Technology Analysis (Thermal Ablation, Non-Thermal Technology Based Ablation); By Application Analysis (Oncology, Cardiovascular, Ophthalmology, Cosmetology, Gynecology, General Surgery, Urology, Orthopedics, Pain Management); By End-Users Analysis (Hospitals, Ambulatory Surgical Centers, Speciality Clinics) and By Regional Analysis – Global Forecast by

The Global Ablation Devices Market is expected to be around US$ 31 Billion by 2028 at a CAGR of 9% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2023-2028

Base Year:

2022

CAGR:

8

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

Ablation devices are at present utilized as a part of shifted medicinal services ranges, for example, gynecology, dermatology, cardiology, orthopedic, neurology and a few others. Worldwide development in inclination for negligibly intrusive methodology is driving the interest for Ablation devices. Rising awareness in patient populace about accessibility and advantages from ablation treatments and defeating the cost limitations of regular medications are additionally expected to bolster the development of this market. Where regular radiation treatments have been successful and been received because of high awareness levels, developing advances, for example, hydro-mechanical removal, microwave and aqueous are expanding trusts among patients and healthcare specialist organizations.

How Big is the Global Ablation Devices Market?

The Global Ablation Devices Market is expected to be around US$ 31 Billion by 2028 at a CAGR of 9% in the given forecast period.

The major driving factors of Global Ablation Devices Market are as follows:

  • Increasing aging population
  • Increasing incidence of cancer and cardiovascular diseases
  • Rising adoption of minimally invasive procedures
  • Development repayment scenario in established markets
  • Expansion of next-generation ablation products and technologies
  • Growing number of ablation procedures
  • Expanding funding for the development of novel ablation device

The restraining factors of Global Ablation Devices Market are as follows:

  • Healthcare cost control measures
  • Strict regulatory approvals
  • Challenges in therapeutic procedure

The Global Ablation Devices Market is segmented on the lines of its technology, application, end-users and regional. Based on technology segmentation it covers thermal ablation, non-thermal ablation. Based on application segmentation it covers oncology, cardiovascular, ophthalmology, cosmetology, gynecology, general surgery, urology, orthopedics, pain management, other. Based on end-users segmentation it covers hospitals, ambulatory surgical centers, specialty clinics. The Global Ablation Devices Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:
1) An overview of the global market for Global Ablation Devices Market and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans Global Ablation Devices Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets on Global Ablation Devices Market with the reasons given for variations in the growth of the industry in certain regions.
 
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Boston Scientific Corporation (U.S.), Johnson and Johnson (U.S.), Abbott laboratories (St Jude Medical) (U.S.), Medtronic (Ireland), Stryker Corporation (U.S.), Elekta AB (Sweden), Olympus Corporation (Japan), ConMed Corporation (U.S.), Hologic (U.S.), Articure Inc. (U.S.), Angiodynamics Inc. (U.S.), Smith and Nephew plc (U.K.), and Varian Medical Systems (U.S.).. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
 
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global Ablation Devices Market has been segmented as below:

By Technology Analysis:

  • Thermal Ablation
  • Radiofrequency Ablation
  • Laser Ablation Technology
  • Microwave Ablation Technology
  • Ultrasound Ablation Technology
  • Radiation Ablation Technology
  • Cryoablation Technology
  • Hydrothermal Ablation Technology
     
  • Non-Thermal Technology Based Ablation
  • Electroporation Ablation Technology
  • Mechanical Ablation Technology
  • Others

By Application Analysis:

  • Oncology
  • Cardiovascular
  • Atrial Fibrilation (AF/AFIB)
  • Ventricular Tachycardia (VT)
  • Others
  • Ophthalmology
  • Cosmetology
  • Gynecology
  • General Surgery
  • Urology
  • Orthopedics
  • Pain Management
  • Other

By End-Users Analysis:

  • Hospitals
  • Ambulatory Surgical Centres
  • Speciality Clinics

By Regional Analysis

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Reasons to Buy this Report:
1) Obtain the most up to date information available on all  Global Ablation Devices Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Ablation Devices Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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1    INTRODUCTION    
   1.1    Key Take Aways    
    1.2    Report Description    
    1.3    Markets Covered    
    1.4    Stakeholders    
    1.5    Research Methodology    
        1.5.1    Market Size    
        1.5.2    Market Share    
        1.5.3    Key Data Points From Secondary Sources    
        1.5.4    Key Data Points From Primary Sources
 

2 Research Methodology 
    2.1 Research Methodology Steps 
    2.2 Research Design 
    2.3 Secondary and Primary Research Methodology 
           2.3.1 Secondary Research
                    2.3.1.1 Key Data From Secondary Sources
           2.3.2 Primary Research
                    2.3.2.1 Key Data From Primary Sources
           2.3.3 Market Size Estimation Methodology
    2.4 Opportunity Indicators 
           2.4.1 Demand-Side Analysis
                    2.4.1.1 Incidence and Prevalence of Cancer
                    2.4.1.2 Rapid Growth of Geriatric Population
                    2.4.1.3 Significant Number of Clinical Researches in Ablation
           2.4.2 Supply-Side Analysis
                    2.4.2.1 Clinical Trials By Ablation Technology
                    2.4.2.2 Number of New Product Launches: Ablation Market (2013–2016)
    2.5 Market Data Validation and Triangulation 
    2.6 Assumptions for the Study

3 Executive Summary 
    3.1 Introduction 
    3.2 Conclusion

4 Premium Insights 
    4.1 Global Ablation Technology Market Overview 
    4.2 Geographical Snapshot of the Global Ablation Technology Market 
    4.3 Global Ablation Technology Market, By Type and Region 
    4.4 Global Ablation Technology Market, By Application 
    4.5 Global Ablation Technology Market Size, By Product (2018 vs 2024)

5 Market Overview 
    5.1 Introduction 
    5.2 Market Dynamics 
           5.2.1 Drivers
                    5.2.1.1 Emergence of Next-Generation Ablation Products and Technology
                    5.2.1.2 Rising Incidence of Cancer
                    5.2.1.3 Growing Prevalence of Cardiovascular Diseases
                    5.2.1.4 Increasing Number of Ablation Procedures
                    5.2.1.5 Increasing Number of Hospitals, Surgical, and Ablation Centers
           5.2.2 Restraints
                    5.2.2.1 Reuse and Reprocessing of Devices in Developing Countries
                    5.2.2.2 Healthcare Cost-Containment Measures
                    5.2.2.3 Unfavorable Regulatory Scenario
           5.2.3 Opportunities
                    5.2.3.1 Growth Potential Offered By Emerging Markets
                    5.2.3.2 Rising Awareness Related to Ablation Procedures
           5.2.4 Challenges
                    5.2.4.1 Product Recalls
                    5.2.4.2 Therapeutic Challenges

6 Industry Trends 
    6.1 Key Industry Trends: Ablation Market 
           6.1.1 Industry Consolidation
           6.1.2 Increasing Focus of Global Players Towards Developing Nations
           6.1.3 Increasing Funding for Ablation Product Development and Commercialization
           6.1.4 Notable Developments in Microwave Ablation Segment
           6.1.5 High Focus of Market Players Towards Development of Advanced Radiofrequency Ablation Devices
    6.2 Reimbursement Scenario (Qualitative Insights) 
    6.3 Supply Chain Analysis 
    6.4 Porter’s Five Forces Analysis 
           6.4.1 Threat From New Entrants
           6.4.2 Threat of Substitutes
           6.4.3 Bargaining Power of Suppliers
           6.4.4 Bargaining Power of Buyers
           6.4.5 Intensity of Competitive Rivalry

7 Global Ablation Technology Market, By Type 
    7.1 Introduction 
    7.2 Radiofrequency Ablation 
    7.3 Laser/Light Ablation 
    7.4 Ultrasound Ablation 
    7.5 Electrical Ablation 
    7.6 Cryoablation 
    7.7 Microwave Ablation 
    7.8 Hydrothermal Ablation

8 Global Ablation Technology Market, By Product 
    8.1 Introduction 
    8.2 Radiofrequency Ablators 
           8.2.1 Temperature-Controlled Radiofrequency Ablators
           8.2.2 Fluid-Cooled Radiofrequency Ablators
           8.2.3 Robotic Catheter Manipulation Systems
    8.3 Laser/Light Ablators 
           8.3.1 Excimer Laser Ablators
           8.3.2 Cold Laser Ablators
    8.4 Ultrasound Ablators 
           8.4.1 Ultrasonic Surgical Ablation Systems
           8.4.2 High-Intensity Focused Ultrasound (HIFU) Ablators
           8.4.3 Extracorporeal Shockwave Lithotripsy (ESWL) Systems
           8.4.4 Magnetic Resonance-Guided Focused Ultrasound (MRGFUS) Ablators
    8.5 Electrical Ablators 
           8.5.1 Argon Plasma/Beam Coagulators
           8.5.2 Irreversible Electroporation Ablators
    8.6 Cryoablation Devices 
           8.6.1 Tissue Contact Probes
           8.6.2 Tissue Spray Probes
           8.6.3 Epidermal and Subcutaneous Cryoablation Devices
    8.7 Microwave Ablators 
           8.7.1 Microwave Thermotherapy Devices
    8.8 Hydrothermal Ablators 
           8.8.1 Endometrial Hydrothermal Balloon Ablation Devices

9 Global Ablation Technology Market, By Application 
    9.1 Introduction 
    9.2 Cardiovascular Disease Treatment 
    9.3 Cancer Treatment 
           9.3.1 Liver Cancer
           9.3.2 Kidney Cancer
           9.3.3 Prostate Cancer
           9.3.4 Lung Cancer
           9.3.5 Bone Metastasis
           9.3.6 Breast Cancer
    9.4 Ophthalmologic Treatment 
    9.5 Pain Management 
    9.6 Gynecological Treatment 
    9.7 Urological Treatment 
    9.8 Orthopedic Treatment 
    9.9 Cosmetic/ Aesthetic Surgery 
    9.10 Other Treatments

10 Global Ablation Technology Market, By Region 
     10.1 Introduction 
     10.2 North America 
             10.2.1 U.S.
                        10.2.1.1 Significant Volume of Ablation Procedures in the Country
                        10.2.1.2 Remarkable Adoption of Advanced Ablation Technology as Compared to Conventional Technology
                        10.2.1.3 Availability of Funding for Development of Novel Ablation Devices
             10.2.2 Canada
     10.3 Europe 
             10.3.1 Germany
                        10.3.1.1 Rising Focus of Market Players
                        10.3.1.2 Large Number of Ongoing Clinical Trials
                        10.3.1.3 Favorable Healthcare Reimbursement Scenario
                        10.3.1.4 Growing Incidence of Cancer and Cardiovascular Diseases
             10.3.2 France
                        10.3.2.1 Availability of Funding for Development of Novel Ablation Devices in the Country
                        10.3.2.2 Availability of Training Programs and Reimbursement for Certain Products in France
             10.3.3 U.K.
                        10.3.3.1 Large Patient Population Base
                        10.3.3.2 Availability of Research Funding
                        10.3.3.3 Expanding Presence of Market Players
                        10.3.3.4 Government Recommendations Encouraging Adoption of Ablation Technology
             10.3.4 Rest of Europe
                        10.3.4.1 Rapidly Increasing Aging Population in the Region
                        10.3.4.2 Increasing Market Penetration of Leading Ablation Manufacturers in the Region
                        10.3.4.3 Prominent Adoption of Ablation in Italy
     10.4 Asia-Pacific 
             10.4.1 Increasing Government Initiatives in the Region
                        10.4.1.1 Awareness Programs and Conferences in APAC
                        10.4.1.2 Rising Focus of Market Players
             10.4.2 Japan
                        10.4.2.1 Well-Developed Healthcare System
                        10.4.2.2 Rising Baby Boomer Population Coupled With Cancer Incidence in the Country
                        10.4.2.3 Rising Government Focus Towards the Development of the Medical Device Industry
             10.4.3 China
                        10.4.3.1 High Incidence of Target Diseases and Rapidly Aging Population
             10.4.4 India
                        10.4.4.1 Remarkable Patient Base in the Country
                        10.4.4.2 Improving Healthcare Infrastructure in the Country
                        10.4.4.3 Rising Focus of Global Players
             10.4.5 Rest of Asia-Pacific
     10.5 Rest of the World

11 Competitive Landscape 
     11.1 Overview 
     11.2 Market Share Analysis 
     11.3 Competitive Situation and Trends 
             11.3.1 New Product Launches & Approvals
             11.3.2 Mergers & Acquisitions
             11.3.3 Geographical Expansions
             11.3.4 Agreements and Joint Ventures
             11.3.5 Other Developments

12 Company Profiles
     12.1 Introduction 
     12.2 Medtronic PLC 
     12.3 Biosense Webster, Inc. (A Subsidiary of Johnson & Johnson Inc.) 
     12.4 St. Jude Medical, Inc. 
     12.5 Boston Scientific Corporation 
     12.6 Angiodynamics, Inc. 
     12.7 Atricure, Inc. 
     12.8 Conmed Corporation 
     12.9 Olympus Corporation 
     12.10 Smith & Nephew 
     12.11 Galil Medical Inc. (Acquired By BTG International Ltd.)

The Global Ablation Devices Market has been segmented as below:

By Technology Analysis:

  • Thermal Ablation
  • Radiofrequency Ablation
  • Laser Ablation Technology
  • Microwave Ablation Technology
  • Ultrasound Ablation Technology
  • Radiation Ablation Technology
  • Cryoablation Technology
  • Hydrothermal Ablation Technology
     
  • Non-Thermal Technology Based Ablation
  • Electroporation Ablation Technology
  • Mechanical Ablation Technology
  • Others

By Application Analysis:

  • Oncology
  • Cardiovascular
  • Atrial Fibrilation (AF/AFIB)
  • Ventricular Tachycardia (VT)
  • Others
  • Ophthalmology
  • Cosmetology
  • Gynecology
  • General Surgery
  • Urology
  • Orthopedics
  • Pain Management
  • Other

By End-Users Analysis:

  • Hospitals
  • Ambulatory Surgical Centres
  • Speciality Clinics

By Regional Analysis

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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The market is expected to grow at a CAGR of 9% during the study period (2023-2028)
The Global Ablation Devices Market is expected to be around US$ 31 Billion by 2028
The segment included in Ablation Devices Market is Technology, Application, End-Users and region.
Some key players operating in the Ablation Devices Market include Boston Scientific Corporation (U.S.), Johnson and Johnson (U.S.), Abbott laboratories (St Jude Medical) (U.S.), Medtronic (Ireland), Stryker Corporation (U.S.), Elekta AB (Sweden), Olympus Corporation (Japan), ConMed Corporation (U.S.), Hologic (U.S.), Articure Inc. (U.S.)
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