The global ablation technology market size is expected to reach USD 13.87 Billion in 2032 and register a steady revenue CAGR of 9.3% during the forecast period, according to latest analysis by Emergen Research. Increasing development of advanced technologies and rising availability and accessibility of innovative ablation products are major factors driving market revenue growth. For instance, on 1 June 2020, DIRECTSENSE Technology, a device for observing impact of Radiofrequency (RF) energy delivery during cardiac ablation treatments, was officially launched in the U.S. RHYTHMIA HDx Mapping System's DIRECTSENSE Technology, which was approved by the U.S. Food and Drug Administration (FDA) in April, is the only device that can track changes in electrical resistance (local impedance) near the tip of INTELLANAV MiFi Open-Irrigated (OI) ablation catheter, giving doctors a further way to gauge therapeutic effect of ablation.
The report sheds light on details about every market player in the global Ablation Technology Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Ablation Technology market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Medtronic, Johnson & Johnson Private Limited, Abbott, Boston Scientific Corporation, AngioDynamics, ATRICURE, CONMED Corporation, Olympus Corporation, Smith+Nephew, and Stryker
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Emergen Research has segmented the global Ablation Technology market on the basis of type, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2019–2032)
- Radiofrequency Ablators
- Temperature-Controlled Radiofrequency Ablators
- Fluid-Cooled Radiofrequency Ablators
- Robotic Catheter Manipulation Systems
- Laser/Light Ablators
- Excimer Laser Ablators
- Cold Laser Ablators
- Ultrasound Ablators
- Ultrasonic Surgical Ablation Systems
- High-Intensity Focused Ultrasound Ablators
- Extracorporeal Shockwave Lithotripsy Systems
- Magnetic Resonance-Guided Focused Ultrasound Ablators
- Electrical Ablators
- Argon Plasma/Beam Coagulators
- Irreversible Electroporation Ablators
- Cryoablation Devices
- Tissue Contact Probes
- Tissue Spray Probes
- Epidermal & Subcutaneous Cryoablation Devices
- Microwave Ablators
- Hydrothermal/Hydromechanical Ablators
- Radiofrequency Ablators
Application Outlook (Revenue, USD Billion; 2019–2032)
- Cardiovascular Disease Treatment
- Cancer Treatment
- Liver Cancer
- Kidney Cancer
- Prostate Cancer
- Lung Cancer
- Bone Metastasis
- Breast Cancer
- Ophthalmological Treatment
- Pain Management
- Gynecological Treatment
- Urological Treatment
- Orthopedic Treatment
- Cosmetic/ Aesthetic Surgery
- Others
End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Hospitals
- Ambulatory Surgical Centers
- Ablation centers
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Ablation Technology Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Ablation Technology Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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