Ablation Technologies is the treatment that destroys tumors or unwanted material without affecting other body tissues or organs. Because of poor health or reduced organ function, these techniques are widely used to treat cancer, cardiovascular and other chronic diseases. In the treatment of chronic diseases, medical ablation plays the prime role in the removal or complete destruction of abnormal tissue. Medical ablation can be done without surgery by insertion of the probe or a needle through the skin into the tumor. Ablation refers to a minimally invasive surgical procedure for the destruction or removal of abnormal tissues that can cause life-threatening conditions such as cancer, atrial fibrillation, and others. The most common types of cancers treated by medical ablation are kidney (renal) cancer, liver cancer, and lung cancer.
Scope of the Report:The ablation technologies market, by type is segmented into Radiofrequency, Laser/Light, Cryoablation, Microwave, Hydrothermal and others ablation technology. In 2017, Radiofrequency is the largest market share with 54.7%, The microwave ablation technology segment is estimated to grow at the highest CAGR during 2018 to 2023.
The market by application Cardiovascular Disease, Cancer, Ophthalmology, Pain Management, Gynecology, Orthopedic Treatment, and others. The cancer segment is expected to command a major share of the ablation technologies market in 2017 with the market share 45.4%.
North America is the largest consumption place, with a consumption market share nearly 41.7% in 2017. Following North America; Europe is the second largest consumption place with the consumption market share of 28.3% in 2017. Ablation Technologies market in Asia Pacific region is expected to exhibit the highest growth rate especially in the developing Asian countries like China & India.
Market competition is intense. Medtronic, AtriCure, Dornier MedTech, Boston Scientific, AngioDynamics, etc. are the leaders of the industry. And there will be more demand in this industry and more companies enter into this industry.
As per statistics from the World Health Organization, almost 17 million deaths each year are associated with cardiovascular diseases, of which atrial defibrillation is a major disorder. Moreover, the incidence of atrial fibrillation increases with age, attacking almost 1 out of every 20 people aged 65 and above.
Further, according to WHO statistics, in 2012, above 14 million people across the world were reported to have developed new types of cancer, about 32 million people were reported to be living with different type of cancers and more than 8 million deaths were associated with cancer across the globe. As such, the consistent rise in the patient pool of cancer and cardiovascular diseases will lead to significant demand for ablation devices in the forthcoming years.
The worldwide market for Ablation Technologies is expected to grow at a CAGR of roughly 9.3% over the next five years, will reach 4750 million US$ in 2026, from 2790 million US$ in 2020, according to a new Our study.
This report focuses on the Ablation Technologies in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers Medtronic
AtriCure
Dornier MedTech
Boston Scientific
AngioDynamics
Lumenis
Abbott
Smith & Nephew
Olympus
Johnson & Johnson
EDAP TMS
BTG
Hologic
IRIDEX
CONMED
Merit Medical
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Radiofrequency Ablation
Laser/Light Ablation
Cryoablation Ablation
Microwave Ablation
Hydrothermal Ablation
Others
Market Segment by Applications, can be divided into Cardiovascular Disease
Cancer
Ophthalmology
Pain Management
Gynecology
Orthopedic Treatment
Other
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Ablation Technologies product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Ablation Technologies, with price, sales, revenue and global market share of Ablation Technologies in 2018 and 2019.
Chapter 3, the Ablation Technologies competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ablation Technologies breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Ablation Technologies market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Ablation Technologies sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
