The report on the Global Ablation Technologies Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Ablation is a surgical procedure of removing the damaged tissue or terminating it during the treatment process. These devices are used in cancer, cardiovascular diseases, urological diseases etc. Technological developments, growing cancer and cardiovascular diseases are factors that have augmented the growth of this market. Rise in hospitals, surgical and ablation centers and growing awareness of reimbursement schemes have developed this market. In addition, adoption of minimally invasion treatments have propelled the growth of this market. However, reuse of the ablation devices has hampered the growth of this market.
Developing countries such as China, Japan, India, Brazil have experienced the highest growth owing to growing economic development, rising disposal income, urbanization are factors that have propelled the growth of this market. Growing government initiatives taken to provide better healthcare facilities to all remote locations, increase in the players of the market, better healthcare infrastructural facilities have been major drivers of this market. Expansion, partnerships, joint ventures, mergers and acquisitions are the marketing strategies adopted by the companies in this market to gain maximum market share.
Drivers
- Rise in ablation procedures
- Growing cancer patients around the globe
- Rising cardiovascular diseases
- Development and advancement of products and technologies
- Acceptance of minimally invasion procedures
- Rise in the number of hospitals, surgical and ablation centers
- Rise in awareness of reimbursement schemes in developed markets
Restraints
- Reuse and reprocessing of devices
- Reduction in the cost for healthcare products
Report includes a detailed analysis on value chain in order to provide a holistic view of the ablation technologies market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the ablation technologies industry, from raw material suppliers to end-users.
Ablation technologies market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The ablation technologies market has been segmented based on product types such as light/laser ablators (excimer laser ablators and cold laser ablators); radiofrequency ablators (temperature-controlled radiofrequency ablators, fluid-cooled radiofrequency ablators and robotic catheter manipulation systems); electrical ablators (argon plasma/beam coagulators and irreversible electroporation ablators); ultrasound ablators (high-intensity focused ultrasound ablators, magnetic resonance guided focused ultrasound ablators, ultrasonic surgical ablation systems and extracorporeal shockwave lithotripsy systems); microwave ablators (microwave thermotherapy ablators); cryoablation devices (tissue contact probe ablators, tissue spray probe ablators and epidermal and subcutaneous cryoablation systems) and hydrothermal ablators (endothermal hydrothermal balloon ablation devices). The study provides forecast and estimates market for each product type in terms of revenue during the forecast period from 2020 to 2026. Each product type has been further analyzed based on regional and country levels from 2019 to 2026 in terms of revenue.
The ablation technologies market has been segmented based on applications such as cardiovascular disease treatment, cancer treatment, ophthalmologic treatment, gynecologic treatment, pain management, urologic treatment, orthopedic treatment, cosmetic surgery, and others treatment applications (fecal incontinence, gastro-esophageal reflux disease (GERD), tonsillectomy, psoriasis, wound management, obstructive sleep apnea, and port-wine stain). The study provides forecast and estimates market for each application in terms of revenue during the forecast period from 2020 to 2026. Each application has been further analyzed based on regional and country levels from 2019 to 2026 in terms of revenue.
In terms of geography, the ablation technologies market has been segmented into regions such as North America, Europe, Asia Pacific, and Rest of the World. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as:
- Medtronic PLC
- Biosense Webster, Inc.
- St. Jude Medical, Inc.
- Boston Scientific Corporation
- Angiodynamics, Inc.
- Atricure, Inc.
- Conmed Corporation
- Olympus Corporation
- Smith & Nephew
- Galil Medical Inc.
A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides ablation technologies market's mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.
SEGMENTATIONS IN REPORT:
Ablation Technologies Market Analysis By Product Types:
- Light/Laser Ablators
- Excimer Laser Ablators
- Cold Laser Ablators
- Radiofrequency (RF) Ablators
- Temperature-Controlled Radiofrequency (RF) Ablators
- Fluid-Cooled Radiofrequency (RF) Ablators
- Robotic Catheter Manipulation Systems
- Electrical Ablators
- Argon Plasma/Beam Coagulators
- Irreversible Electroporation Ablators
- Ultrasound Ablators
- High-Intensity Focused Ultrasound (HIFU) Ablators
- Magnetic Resonance Guided Focused Ultrasound (MRGFUS) Ablators
- Ultrasonic Surgical Ablation Systems
- Extracorporeal Shockwave Lithotripsy Systems
- Microwave Ablators
- Microwave Thermotherapy Ablators
- Cryoablation Devices
- Tissue Contact Probe Ablators
- Tissue Spray Probe Ablators
- Epidermal And Subcutaneous Cryoablation Systems
- Hydrothermal Ablators
- Endothermal Hydrothermal Balloon Ablation Devices
Ablation Technologies Market Analysis By Applications:
- Cardiovascular Disease Treatment
- Cancer Treatment
- Ophthalmologic Treatment
- Gynecologic Treatment
- Pain Management
- Urologic Treatment
- Orthopedic Treatment
- Cosmetic Surgery
- Others Treatment (Fecal Incontinence, Gastro-Esophageal Reflux Disease (GERD), Tonsillectomy, Psoriasis, Wound Management, Obstructive Sleep Apnea, And Port-Wine Stain)
Ablation Technologies Market Analysis By Geography:
- North America
- Europe
- Asia Pacific
- Rest of the world
The Global Ablation Technologies Market has been exhibited in detail in the following chapters -
Chapter 1 Ablation Technologies Market Preface
Chapter 2 Executive Summary
Chapter 3 Ablation Technologies Industry Analysis
Chapter 4 Ablation Technologies Market Value Chain Analysis
Chapter 5 Ablation Technologies Market Analysis By Product Types
Chapter 6 Ablation Technologies Market Analysis By Applications
Chapter 7 Ablation Technologies Market Analysis By Geography
Chapter 8 Competitive Landscape Of Ablation Technologies Companies
Chapter 9 Company Profiles Of Ablation Technologies Industry
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.