Ablation Devices Market
Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and Industry Forecast, Global Opportunity Analysis and Industry Forecast, 2014 2016-2023 2022
Pages: 205
Tables: 57
Charts: 57
ABLATION DEVICES MARKET
The Global Ablation Devices Market size was $3,047 million in 2015 and is estimated to reach $6,658 million by 2022, growing a CAGR of 11.7% from 2016 to 2022. Ablation therapies can be used for the treatment of various diseases across several medical domains such as ophthalmology, cancer, gynecology, and cardiovascular. Being a minimally invasive procedure, it is less painful than conventional surgical operations, leading to shorter recovery time. In addition, it causes very little damage to the surrounding tissues. Even though it lowers the side effects, it has some disadvantages as well. For instance, large and bulky tissues, such as bone and neck nodules, cannot be treated with ablation. Besides, the availability of ablation treatment in remote locations is quite restricted.
ABLATION DEVICES MARKET
Ablation is a minimally invasive procedure that treats various chronic diseases such as cancer and pulmonary conditions, as well as used for aesthetic procedures. The market is expected to grow at a significant rate due to various advantages of ablation procedures (short time duration, minimized blood loss and damage to healthy organs and tissues, operator friendly) over conventional methods such as chemotherapy, as it has high side-effects. The introduction of innovative and advanced ablation technologies and the increase in the prevalence of chronic diseases and awareness about the procedure would contribute towards the market growth. However, the market growth is hindered by unstable reimbursement policies, stringent government regulations, limited awareness, and high cost of the procedure. Thermal segment dominated the world ablation devices market in 2015 and is expected to continue with its dominance throughout the forecast period. This is attributed to the various applications of thermal ablation devices for cancer and cardiovascular surgeries. However, owing to the higher success rate and advantages, non-thermal technologies is estimated to be the fastest growing segment propelling at an estimated CAGR of 17.7%.
ABLATION DEVICES MARKET
KEY BENEFITS FOR STAKEHOLDERS: • The report provides an extensive analysis of the current trends and highlights the market potential from 2014 to 2022. • The market scenario is comprehensively analyzed with respect to the technology, application, function, and procedure. • Comprehensive analysis of the patents and clinical trials is provided to determine the prevailing opportunities. • Recent developments, key manufacturers, and market shares are listed in this report to analyze the competitive scenario of the market. • In-depth analysis of the market based on geography gives an understanding of the regional market, which assists in strategic business planning.
ABLATION DEVICES MARKET
With the robotic ablation devices, the procedure can be conducted with miniaturization, precision, and smaller incisions. Hence, it is expected to be the fastest growing function segment. However, this technique is relatively new and expensive as compared to the conventional methods. Therefore, currently conventional ablation devices is the dominant segment in the ablation device market. By procedure, tumor ablation segment occupies the largest share in the ablation device market and is expected to maintain its lead throughout the analysis period. The number of cancer cases are increasing and it is one of the leading causes of morbidity and mortality in the world. For instance, in 2012, there were about 14 million new cases and 8.2 million cancer-related deaths. FREE PDF Sample Report Click Here: https://www.alliedmarketresearch.com/request-sample/1749
ABLATION DEVICES MARKET Turkey ablation devices market is projected to grow at a high CAGR of 10.8% during the forecast period. However, lack of awareness and issues pertaining to price constraints could restrain the market growth.
ABLATION DEVICES MARKET GLOBAL ABLATION DEVICES MARKET REVENUE, BY GEOGRAPHY, 2014-2022, ($MILLION)
ABLATION DEVICES MARKET North America Europe Asia-Pacific LAMEA
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ABLATION DEVICES MARKET The key players profiled in this report include • Boston Scientific Corporation • Angio Dynamics, Inc. • AtriCure, Inc., St. • Jude Medical, Inc. • Medtronic plc • Conmed Corporation • Olympus Corporation • Johnson & Johnson • Smith & Nephew plc
ABLATION DEVICES MARKET
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ABLATION DEVICES MARKET
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