Home » Medical Devices » Ablation Technologies Market Size, Share, Analysis Report
Ablation is a process of removing objects from the surface of an object by erosive, chipping or vaporization processes. Biological tissues in medicine, ice and snow in glaciology and passive fire protection materials are examples of ablation technologies. An ablation method is a simply invasive procedure to remove un-wanted tissue from the body. Various energy devices are used for removing these tissues such as laser, electrical current, ultrasound, microwave and radio frequency and other devices. The ablation devices are consisting of generators, catheters and other monitoring equipment’s. Ablation technologies are mainly working for surgical procedures in cardio logical disorders includes arrhythmia, atrial fibrillation, refractory hypertension and others. It is also used for removing cancerous and non-cancerous tumors.
How Big is the Global Ablation Technologies Market?
The Global Ablation Technologies Market is expected to be around US$ 8.90 Billion by 2028; Growing at a CAGR of more than 10.5% in the given forecast period.
The major driving factors of Global Ablation Technologies Market are as follows:
• Growing number of ablation center, surgical and hospitals.
• Increasing occurrence of cardiovascular diseases.
• Increasing frequency of cancer.
The restraining factors of Global Ablation Technologies Market are as follows:
• Healthcare cost restraint measures.
• Reprocessing and reuse and of devices in developing nations.
The Global Ablation Technologies Market is segmented on the lines of its technology, application and regional. Based on technology segmentation it covers microwave, electrical, light or laser, cryotherapy, radio frequency, ultrasound or high intensity focused ultrasound and others. Under application segmentation it covers ophthalmology, urology, pain management, oncology, gynecology, cardiovascular and others. The Ablation Technologies Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography 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 Ablation Technologies 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 for Ablation Technologies.
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 for Global Ablation Technologies 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 Angiodynamics, Inc., Biosense Webster Inc., Boston Scientific Corporation, AtriCure, Inc., Medtronic, BSD Medical Corporation, St. Jude Medical Inc. and others.. 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 Ablation Technologies Market has been segmented as below:
By Technology Analysis
• Microwave
• Electrical
• Light or Laser
• Cryotherapy
• Radio frequency
• Ultrasound or High Intensity Focused Ultrasound
• Others
By Application Analysis
• Ophthalmology
• Urology
• Pain management
• Oncology
• Gynecology
• Cardiovascular
• Others
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
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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 (2016 vs 2021)
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 Ablation Technologies Market has been segmented as below:
By Technology Analysis
• Microwave
• Electrical
• Light or Laser
• Cryotherapy
• Radio frequency
• Ultrasound or High Intensity Focused Ultrasound
• Others
By Application Analysis
• Ophthalmology
• Urology
• Pain management
• Oncology
• Gynecology
• Cardiovascular
• Others
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World