Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Ablation Devices Market– Insights

Ablation has gained immense popularity all over the world as it offers minimally invasive solutions for the removal of tissues or tumors with bearable pain, and a lesser recovery period compared to open surgical procedures. Demand for ablation devices is expected to increase owing to increasing incidence of chronic diseases, mainly tumorigenic cancer and other cardiovascular disorders, across the globe. Chronic diseases are the major cause of mortality which resulted in over 38 million deaths worldwide in 2015, according to the World Health Organization (WHO).

Moreover, according to the WHO, in 2015, cancer was one of the leading causes of death, accounting for up to 8.8 million deaths. According to the Centers of Disease Control and Prevention (CDC), in 2016, an estimated 2.7 to 6.1 million people in the U.S. suffered from atrial fibrillation. Moreover, the same fact sheet states that around 2% of people younger than the age of 65 years are affected with atrial fibrillation. High prevalence of such diseases is expected to boost the growth of global ablation devices market.

As Ablation are performed in the removal of certain biological substances from internal parts of the body with the help of ablation devices through various techniques such as vaporization, laser, thermal treatments, cryo-treatments, and radiation procedures among others. In the medical sector, ablation is performed usually through surgical methods for removal of biological substances such as small tumors. Other techniques adopted for the removal of infected biological tissues include chemical ablation and radiofrequency ablation.

The global ablation devices market was valued at US$ 4,290.8 million in 2019, and is expected to witness a CAGR of 10.9% over the forecast period (2019 – 2027).

Global Ablation Devices Market Share (%) Analysis, By Technology Type, 2019

Ablation Devices  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Increasing number of product launches is expected to drive growth of the global ablation devices market

Various companies are focusing on launching innovative and technologically advanced products to meet consumer demand, which is expected to drive the ablation devices market growth over the forecast period. For instance, in 2016, Medtronic Plc, launched the new Barrx 360 Express radiofrequency ablation (RFA) balloon catheter for treatment of Barrett's esophagus.

Global Ablation Devices Market - Restraints

Growth of the ablation devices market is expected to be hampered over the forecast period owing to increasing FDA recalls. For instance, in November 2018, the food and drug administration (USFDA) recalled the Cardiac Ablation Percutaneous Catheter under Class 3 Device Recall developed by Boston Scientific Corporation, as the supplier had changed its resin sub-suppliers three (3) times without notifying Boston Scientific Corporation.

Global Ablation Devices Market - Regional Insights

On the basis of region, the global ablation devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the global ablation devices market owing to increasing launches of ablation systems. For instance, in 2016, Medtronic Plc. launched the OsteoCool radiofrequency ablation system in the US. OsteoCool RF Ablation system is a cooled radiofrequency (RF) ablation technology. It offers simultaneous, dual-probe capabilities for treating painful bone tumors.

Asia Pacific is the fastest growing region in the global ablation devices market owing to increasing prevalence of cancer in the region. For instance, according to cancer statics, 2018, around 2.25 million people are living with cancer in India.

Global Ablation Devices Market Value (US$ Mn) & Y-o-Y Growth (%), 2016-2027

Ablation Devices  | Coherent Market Insights

 Source: Coherent Market Insights Analysis (2019)

Global Ablation Devices Market Competitive Landscape

Key players operating in the global ablation devices market include Arthrex, Boston Scientific Corporation, Medtronic Plc., Intuitive Surgical, Inc., Johnson & Johnson, Inc., Halyard Health, Abbott Laboratories, EDAP TMS S.A., AtriCure, Inc., and Smith & Nephew.

Ablation is a form of minimally invasive surgery or laparoscopic surgery that is performed with the help of thin scopes and instruments referred to as ablation devices. These devices are used to make thin incisions in the skin for the removal of malfunctioning tissues of small tumors within the body. The ablation technique is an advancement to the conventional form of surgery known as open surgery, wherein a midline incision is made at the affected area. The ablation technique is beneficial in many ways as it causes least possible damage to the biological structures, and at the same time achieves the same efficiency, success, and performance as that of open surgical procedures. Thus, the demand for ablation devices for various tumor removal procedures is expected to witness exponential growth over the forecast period.

Market Dynamics

Rising incidence of cardiovascular disease is expected to drive the ablation devices market growth over the forecast period. For instance, according to the World Health Organization 2017 estimates, 17.9 million people died from CVDs in 2016, in which 85% death occurred due to heart attack and stroke, which represent 31% of all global deaths.

Key features of the study:

  • This report provides in-depth analysis of the global ablation devices market, market size (US$ Mn), and compound annual growth rate (CAGR %) during the forecast period: 2019 – 2027, considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players operating in this market
  • It profiles key players in the global ablation devices market based on the following parameters–company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include Arthrex, Boston Scientific Corporation, Medtronic Plc, Intuitive Surgical, Inc., Johnson & Johnson, Inc., Halyard Health, Abbott Laboratories, EDAP TMS S.A., AtriCure, Inc., and Smith & Nephew
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The global ablation devices market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for global ablation devices market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

  • Global ablation devices market, By Technology Type:
    • Radiofrequency Ablation
    • Microwave Ablation
    • Cryoablation
    • High-Intensity Focused Ultrasound
    • Laser Interstitial Thermal Ablation
    • Others
  • Global ablation devices market, By Application:
    • Cancer
    • Ophthalmology
    • Urology
    • Gynaecology
    • Cardiovascular           
    • Orthopedic
  • Global ablation devices market, By Function:
    • Automatic
    • Robotic           
  • Global ablation devices market, By Procedure:
    • Tumor Ablation
    • Varicose Veins
    • Atrial Fibrillation
    • Aesthetics- Skin Rejuvenation and Tightening
    • Laser and Other Energy Based Therapies
  • Global ablation devices market, By End User:
    • Hospitals
    • Ambulatory Surgical Centers
    • Specialty
  • Global ablation devices market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Technology Type:
        • Radiofrequency Ablation
        • Microwave Ablation
        • Cryoablation
        • High-Intensity Focused Ultrasound
        • Laser Interstitial Thermal Ablation
        • Others
      • By Application:
        • Cancer
        • Ophthalmology
        • Urology
        • Gynaecology
        • Cardiovascular           
        • Orthopedic
      • By Function:
        • Automatic
        • Robotic
      • By Procedure:
        • Tumor Ablation
        • Varicose Veins
        • Atrial Fibrillation
        • Aesthetics- Skin Rejuvenation and Tightening
        • Laser and Other Energy Based Therapies
      • End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Technology Type:
        • Radiofrequency Ablation
        • Microwave Ablation
        • Cryoablation
        • High-Intensity Focused Ultrasound
        • Laser Interstitial Thermal Ablation
        • Others
      • By Application:
        • Cancer
        • Ophthalmology
        • Urology
        • Gynaecology
        • Cardiovascular           
        • Orthopedic
      • By Function:
        • Automatic
        • Robotic
      • By Procedure:
        • Tumor Ablation
        • Varicose Veins
        • Atrial Fibrillation
        • Aesthetics- Skin Rejuvenation and Tightening
        • Laser and Other Energy Based Therapies
      • End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Technology Type:
        • Radiofrequency Ablation
        • Microwave Ablation
        • Cryoablation
        • High-Intensity Focused Ultrasound
        • Laser Interstitial Thermal Ablation
        • Others
      • By Application:
        • Cancer
        • Ophthalmology
        • Urology
        • Gynaecology
        • Cardiovascular           
        • Orthopedic
      • By Function:
        • Automatic
        • Robotic
      • By Procedure:
        • Tumor Ablation
        • Varicose Veins
        • Atrial Fibrillation
        • Aesthetics- Skin Rejuvenation and Tightening
        • Laser and Other Energy Based Therapies
      • End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty
        •  
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Technology Type:
        • Radiofrequency Ablation
        • Microwave Ablation
        • Cryoablation
        • High-Intensity Focused Ultrasound
        • Laser Interstitial Thermal Ablation
        • Others
      • By Application:
        • Cancer
        • Ophthalmology
        • Urology
        • Gynaecology
        • Cardiovascular           
        • Orthopedic
      • By Function:
        • Automatic
        • Robotic
      • By Procedure:
        • Tumor Ablation
        • Varicose Veins
        • Atrial Fibrillation
        • Aesthetics- Skin Rejuvenation and Tightening
        • Laser and Other Energy Based Therapies
      • End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Technology Type:
        • Radiofrequency Ablation
        • Microwave Ablation
        • Cryoablation
        • High-Intensity Focused Ultrasound
        • Laser Interstitial Thermal Ablation
        • Others
      • By Application:
        • Cancer
        • Ophthalmology
        • Urology
        • Gynaecology
        • Cardiovascular           
        • Orthopedic
      • By Function:
        • Automatic
        • Robotic
      • By Procedure:
        • Tumor Ablation
        • Varicose Veins
        • Atrial Fibrillation
        • Aesthetics- Skin Rejuvenation and Tightening
        • Laser and Other Energy Based Therapies
      • End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty
    • Africa
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
      • By Technology Type:
        • Radiofrequency Ablation
        • Microwave Ablation
        • Cryoablation
        • High-Intensity Focused Ultrasound
        • Laser Interstitial Thermal Ablation
        • Others
      • By Application:
        • Cancer
        • Ophthalmology
        • Urology
        • Gynaecology
        • Cardiovascular           
        • Orthopedic
      • By Function:
        • Automatic
        • Robotic
      • By Procedure:
        • Tumor Ablation
        • Varicose Veins
        • Atrial Fibrillation
        • Aesthetics- Skin Rejuvenation and Tightening
        • Laser and Other Energy Based Therapies
      • End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty
        •  
  • Company Profiles
    • Arthrex
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • Boston Scientific Corporation
    • Medtronic Plc
    • Intuitive Surgical, Inc.
    • Johnson and Johnson, Inc.
    • Halyard Health
    • Abbott Laboratories
    • EDAP TMS S.A.
    • AtriCure, Inc.
    • Smith & Nephew

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Technology Type
      • Market Snippet, By Application
      • Market Snippet, By Function
      • Market Snippet, By Procedure
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Industry Trend
    • Mergers and Acquisitions
    • Technology Overview
    • Regulatory Scenario
    • Recent Development
    • PEST Analysis
  4.  Global Ablation Devices Market, By  Technology Type, 2019 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Radiofrequency Ablation
      •  Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Microwave Ablation
      •  Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Cryoablation
      •  Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • High-Intensity Focused Ultrasound
      •  Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Laser Interstitial Thermal Ablation
      •  Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Others
      •  Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
  5. Global Ablation Devices Market, By Application, 2019 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Cancer
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Ophthalmology
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Urology
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Gynecology
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Cardiovascular           
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Orthopedic
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
  6. Global Ablation Devices Market, By Function, 2019 – 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Automatic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Robotic           
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
  7. Global Ablation Devices Market, By Procedure, 2019 – 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Tumor Ablation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Varicose Veins
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Atrial Fibrillation
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Aesthetics- Skin Rejuvenation and Tightening
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Laser and Other Energy Based Therapies
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
  8. Global Ablation Devices Market, By End User, 2019 – 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Ambulatory Surgical Centers
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Specialty centers
      • Introduction    
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
      •  
  9. Global Ablation Devices Market, By Region, 2019 – 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Regional Trends
    • North America
      • Market Size and Forecast, By Technology Type, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Application , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Function , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Procedure, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2019 – 2027, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Technology Type, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Function , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Procedure, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2019 – 2027, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Technology Type, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Function , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Procedure, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2019 – 2027, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Technology Type, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Application , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Function , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Procedure, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2019 – 2027, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Technology Type, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Application , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Function , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Procedure, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Country/Region, 2019 – 2027, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Technology Type, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Application , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Function , 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Procedure, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 – 2027, (US$ Million)
      • Market Size and Forecast, By Country/Region, 2019 – 2027, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  10. Competitive Landscape
    • Company Profiles
      • Arthrex.*
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Boston Scientific Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Medtronic Plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Intuitive Surgical, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Johnson and Johnson, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Halyard Health
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Abbott Laboratories
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • EDAP TMS S.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • AtriCure, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Smith & Nephew
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
    • Analyst Views
  11. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 52 market data tables and 48 figures on “Ablation Devices Market” - Global forecast to 2027”

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