Ablation Technology Market: Global Industry Analysis and Forecast (2022-2029)

Ablation Technology Market is expected to reach US$ 9.67 Bn. at a CAGR of 9.3% during the forecast period 2029.

Global Ablation Technology Market Overview:

Ablation technology is the process used for the surgical excision of body tissues. It is gaining popularity as it is gaining popularity across the globe since they are used in minimally invasive ablation procedures. Ablation devices are used in the process of ablation, for instance, kidney stone, cancer tumors, thyroid and others are removed with the help of ablators. Ablation Technology MarketTo know about the Research Methodology :- Request Free Sample Report

Global Ablation Technology Market Dynamics:

Increasing adoption of minimally invasive procedures is the major factor driving the market growth. The increasing number of cancer and cardiac arrest cases, growing geriatric population, and shift towards minimal and non-invasive procedures are expected to accelerate the growth of the ablation technology market during the forecast period. According to International Agency for Research on Cancer (IARC), 9.5 million deaths due to cancer and 17 million new cancer cases were recorded in 2021 globally. Additionally, the cancer cases are expected to reach 27.5 million with 16.3 million cancer deaths by the year 2040. Along with this, increasing incidences of cosmetic surgery and pain management cases are leading to the growth of the market. Advantages associated with minimally invasive procedures like lower post-procedural risks, shorter recovery time, and hospital stays add up to the market growth. However, the high cost associated with these technologies, lack of advanced and innovative technologies to treat cancer, and risk associated with ablation procedures may hamper the market growth. The report has profiled sixteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for future hot spot in APAC region.

Global Ablation Technology Market Segment Analysis:

The global Ablation Technology market is segmented on the basis of technology, application and end-users. Based on Technology, Radiofrequency ablation technology dominated the global market by holding a market share of 20.35% in the year 2021. Radiofrequency ablation (RFA) is a medical procedure, which uses thermal energy to accomplish targeted tissue destruction. RFA technology is used to treat a wide range of medical conditions. It is used in the treatment of tumour spots, to treat patients suffering from the adrenal glands, breast, bone, kidney, liver, lung, pancreatic, and thyroid cancer. This technology has also gained a lot of attention in the field of dermatology to treat skin lesions, freckles, acne, and skin tags. All these advantages of the RFA technology help in boosting the market growth. Ablation Technology Market

Global Ablation Technology Market Regional Insights:

North America is expected to hold significant market share during forecast years. Based on the geographical analysis, North America is anticipated to dominate the market growth owing to the high prevalence of cancer, increasing technological advancements, high purchasing power, and government support for quality healthcare. According to the American Cancer Society, in 2021, around 1,762,450 people were diagnosed with cancer in the US. Asia Pacific is expected to grow at a faster pace during forecast years. APAC is expected to witness lucrative growth due to the presence of factors such as increasing awareness for cardiac disease, growing healthcare industries, and the development of various treatment methods for gynecology and cosmetology drives the market in this region. Also, On-going technological advances and R&D activities in the region will create potential opportunities for growth. The report also helps in understanding Global Ablation Technology Market dynamics, structure by analyzing the market segments and project the Global Ablation Technology Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Ablation Technology Market make the report investor’s guide.

Global Ablation Technology Market, Key Developments:

• In July 2017, Cosman Medical Inc., a manufacturer of RF ablation systems, was acquired by Boston Scientific Corporation. This acquisition will help in expanding Boston Scientific’s portfolio with systems like Deep Brain Stimulation Systems and Spinal Cord Stimulator. • In November 2016, HAT500 radiofrequency ablation system in Europe was launched by OSYPKA AG. This radiofrequency ablation system is used for the treatment of ventricular tachycardia.

Global Ablation Technology Market Scope: Inquire before buying

Ablation Technology Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 4.75 Bn.
Forecast Period 2022 to 2029 CAGR: 9.3% Market Size in 2029: US $ 9.67 Bn.
Segments Covered: by Technology • Electrical • Ultrasound • Radiation • Radiofrequency • Cryoablation
by Application • Cancer • Cardiovascular • Ophthalmology • Orthopedics • Urology
by End-Users • Hospitals • Ambulatory Surgical Centers • Oncology Centers • Others

Global Ablation Technology Market, by Region:

• North America • Europe • South America • MEA • APAC

Global Ablation Technology Market, Key Players:

Medtronic, Inc. • Biosense Webster, Inc. • St. Jude Medical, Inc. • Boston Scientific Corporation • CONMED Corporation • AngioDynamics, Inc. • AtriCure, Inc. • Smith & Nephew plc • Olympus Corporation • Advanced Cardiac Therapeutics • CardioFocus • Biotronik • Auris Health, Inc. • Stereotaxis,Inc • Abbott Laboratories • Elekta AB • Galil Medical Inc • PT Medical • CardioFocus • Edwards Lifesciences Corporation • Imricor • Japan Lifeline Co., Ltd. • OSYPKA MEDICAL

Frequently Asked Questions:

1. Which region has the largest share in Global Ablation Technology Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Ablation Technology Market? Ans: The Global Ablation Technology Market is growing at a CAGR of 9.3% during forecasting period 2022-2029. 3. What is scope of the Global Ablation Technology market report? Ans: Global Ablation Technology Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Ablation Technology market? Ans: The important key players in the Global Ablation Technology Market are – Medtronic, Inc., Biosense Webster, Inc., St. Jude Medical, Inc., Boston Scientific Corporation, CONMED Corporation, AngioDynamics, Inc., AtriCure, Inc., Smith & Nephew plc, Olympus Corporation, Advanced Cardiac Therapeutics, CardioFocus, Biotronik, Auris Health, Inc., Stereotaxis,Inc, Abbott Laboratories, Elekta AB, Galil Medical Inc, PT Medical, CardioFocus, Edwards Lifesciences Corporation, Imricor, Japan Lifeline Co., Ltd., and OSYPKA MEDICAL 5. What is the study period of this market? Ans: The Global Ablation Technology Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Ablation Technology Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Ablation Technology Market 3.4. Geographical Snapshot of the Ablation Technology Market, By Manufacturer share 4. Global Ablation Technology Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Ablation Technology Market 5. Supply Side and Demand Side Indicators 6. Global Ablation Technology Market Analysis and Forecast, 2021-2029 6.1. Global Ablation Technology Market Size & Y-o-Y Growth Analysis. 7. Global Ablation Technology Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 7.1.1. Electrical 7.1.2. Ultrasound 7.1.3. Radiation 7.1.4. Radiofrequency 7.1.5. Cryoablation 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.2.1. Cancer 7.2.2. Cardiovascular 7.2.3. Ophthalmology 7.2.4. Orthopedics 7.2.5. Urology 7.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 7.3.1. Hospitals 7.3.2. Ambulatory Surgical Centers 7.3.3. Oncology Centers 7.3.4. Others 8. Global Ablation Technology Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Ablation Technology Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 9.1.1. Electrical 9.1.2. Ultrasound 9.1.3. Radiation 9.1.4. Radiofrequency 9.1.5. Cryoablation 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.2.1. Cancer 9.2.2. Cardiovascular 9.2.3. Ophthalmology 9.2.4. Orthopedics 9.2.5. Urology 9.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 9.3.1. Hospitals 9.3.2. Ambulatory Surgical Centers 9.3.3. Oncology Centers 9.3.4. Others 10. North America Ablation Technology Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Ablation Technology Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 11.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 12. Canada Ablation Technology Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 13. Mexico Ablation Technology Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 14. Europe Ablation Technology Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 15. Europe Ablation Technology Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Ablation Technology Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 16.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 17. France Ablation Technology Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 18. Germany Ablation Technology Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 19. Italy Ablation Technology Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 20. Spain Ablation Technology Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 21. Sweden Ablation Technology Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 22. CIS Countries Ablation Technology Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 23. Rest of Europe Ablation Technology Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 24. Asia Pacific Ablation Technology Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 25. Asia Pacific Ablation Technology Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Ablation Technology Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 26.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 27. India Ablation Technology Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 28. Japan Ablation Technology Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 29. South Korea Ablation Technology Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 30. Australia Ablation Technology Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 31. ASEAN Ablation Technology Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 32. Rest of Asia Pacific Ablation Technology Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 33. Middle East Africa Ablation Technology Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 34. Middle East Africa Ablation Technology Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Ablation Technology Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 35.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 36. GCC Countries Ablation Technology Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 37. Egypt Ablation Technology Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 38. Nigeria Ablation Technology Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 39. Rest of ME&A Ablation Technology Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 40. South America Ablation Technology Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 40.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 41. South America Ablation Technology Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Ablation Technology Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 42.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 43. Argentina Ablation Technology Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 44. Rest of South America Ablation Technology Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Ablation Technology Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Medtronic, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Biosense Webster, Inc. 45.3.3. St. Jude Medical, Inc. 45.3.4. Boston Scientific Corporation 45.3.5. CONMED Corporation 45.3.6. AngioDynamics, Inc. 45.3.7. AtriCure, Inc. 45.3.8. Smith & Nephew plc 45.3.9. Olympus Corporation 45.3.10. Advanced Cardiac Therapeutics 45.3.11. CardioFocus 45.3.12. Biotronik 45.3.13. Auris Health, Inc. 45.3.14. Stereotaxis,Inc 45.3.15. Abbott Laboratories 45.3.16. Elekta AB 45.3.17. Galil Medical Inc 45.3.18. PT Medical 45.3.19. CardioFocus 45.3.20. Edwards Lifesciences Corporation 45.3.21. Imricor 45.3.22. Japan Lifeline Co., Ltd. 45.3.23. OSYPKA MEDICAL 46. Primary Key Insights

About This Report

Report ID 97198
Category Healthcare
Published Date Sep 2022
Updated Date