Dublin, May 17, 2023 (GLOBE NEWSWIRE) -- The "Ablation Technologies: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Ablation Technologies estimated at US$4.2 Billion in the year 2022, is projected to reach a revised size of US$8.9 Billion by 2030, growing at a CAGR of 9.7% over the analysis period 2022-2030.
Radiofrequency Ablation, one of the segments analyzed in the report, is projected to record a 10.5% CAGR and reach US$3.7 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Laser / Light Ablation segment is readjusted to a revised 9.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 12.4% CAGR
The Ablation Technologies market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$768.5 Million by the year 2030 trailing a CAGR of 12.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.
Select Competitors (Total 79 Featured) -
- Abbott Laboratories
- AngioDynamics, Inc.
- AtriCure, Inc.
- Boston Scientific Corporation
- Conmed Corporation
- Cynosure LLC
- Dornier MedTech GmbH
- InMode Ltd.
- Johnson & Johnson
- Medtronic PLC
- Olympus Corporation
- Siemens AG
- Smith & Nephew Plc
- Stryker Corp.,
- Varian Medical Systems, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 436 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.2 Billion |
| Forecasted Market Value (USD) by 2030 | $8.9 Billion |
| Compound Annual Growth Rate | 9.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- Living with COVID-19 Becomes the New Normal
- "Stagflation" & An Imminent Recession Are the Newest Challenges in the Series of Setbacks for the Global Market in 2022 & 2023
- World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
- Pandemic Hits Ablation Devices & Procedures across Hospitals
- Decline in Interventional Cardiology & Electrophysiology Procedures
- Competition
- Ablation Technologies - Global Key Competitors Percentage Market Share in 2022 (E)
- Ablation Technologies Competitor Market Share Scenario Worldwide (in %): 2020E
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Radiofrequency Ablation (Type) Global Competitor Market Share Positioning for 2020 & 2027
- Laser / Light Ablation (Type) Market Share Breakdown of Key Players: 2020 & 2027
- Ultrasound Ablation (Type) Competitor Revenue Share (in %): 2020 & 2027
- Electrical Ablation (Type) Market Share Shift by Company: 2020 & 2027
- Cryoablation (Type) Global Competitor Market Share Positioning for 2020 & 2027
- Ablation Technologies: A Prelude
- Key Application Markets
- Primary End-Use Applications for Energy Based Ablation Devices in Specific Treatments
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Shift towards Minimally Invasive Surgeries Fuels Demand for Ablation Procedures
- Minimally Invasive Catheter Ablation Continues to Gain Prominence in Cardiac Procedures
- Increasing Incidence of Cancer Drives Demand for Ablation Devices
- Global Cancer Prevalence Statistics - Opportunity Indicators
- Global Breakdown of Total Number of Cancer Cases by Type: 2020
- Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
- Ablation Technology: An Innovative Approach to Address Liver tumors
- Microwave Ablation: Rethinking Future of Cancer Treatment
- Rising Prevalence of Cardiovascular Diseases and Related Mortality Rates Fuel Cardiac Surgical Volumes Drive Growth in the Cardiac Ablation Market
- Leading Causes of Mortality in High Income Countries: 2020
- Global Cardiology and Cardiac Surgery Market: Revenues in US$ Billion for the Years 2017, 2019, 2021 and 2023
- Fatalities by Heart Conditions - Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
- Annual Medical Cost of Cardiovascular Diseases (CVD) in the United States for Years 2020, 2025, 2030 and 2035 (In US$ Billion)
- Rising Incident of AF Underpins Extended Uptake of Advanced Ablation Technologies
- Incidence of Atrial Fibrillation Per Million Population in United States (in %): 2000-2020
- Ranking of Factors for Incidence of Atrial Fibrillation
- Innovative Technologies Assist in Enhancing AF Ablation Process
- Advancements Promise Better Future for Catheter Ablation
- New Cryoablation Systems with Potential to Improve Symptomatic AF Treatment
- AF Ablation in Paroxysmal AF and Persistent AF Patients
- Catheter Ablation for Arrhythmias to Attain New Heights with Pulsed-Field Ablation
- New Research Indicates Potential Role of AI for Better Diagnosis of Atrial Fibrillation
- Robotics to Uplift & Add New Functional Dimension to AF Ablation
- Remote Navigation Options
- Ablation Found to be Effective for AF Compared to Medications
- Ablation Technology for Supra-venticular Tachycardia
- Growing Significance of Cardiac Ablation for Cardiac Rhythm Management
- MRI-Guided Cardiac Ablation Grows in Adoption Rate
- Hybrid Ablation Procedure for Treatment of Atrial Fibrillation: Addressing the Limitations of Traditional Treatments
- Technological Advancements Broaden Adoption of Cardiac Ablation Technology
- New Product Launches Set Pace for Ablation Technology Market
- RF Ablation Continues to Remain a Dominant Technology
- Applicability of Cryogenic Energy based Ablation Devices Continues to Grow
- Electrical Energy Based Devices Find New Applciations
- High Intensity Focused Ultrasound Remains a Budding Technology
- Microwave Ablation Undergoes Renewed Focus to Improve Patient Outcomes
- Microwave Ablation & Potential in Cancer Treatment
- Rise in Endometrial Ablation Procedures to Improve Growth
- Advanced Surface Ablation Picks up in Ophthalmology
- Increasing Application in Aesthetic Treatments Spurs Demand
- Aging Population Spurs Demand for Ablation Devices
- Aging Population Steps-Up The Burden on Healthcare: Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- As Cardiovascular Disease Prevalence Increases at a Strong Rate in Developing Economies, Tremendous Potential Exists for Cardiac Ablation Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/awcbo7
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