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  • Published In : Feb 2024
  • Code : CMI464
  • Pages : 305
  • Formats :
      Excel/PDF
  • Industry : Medical Devices

Ablation is the process of removing or destroying tissue using heat or alternative energy forms. Ablation devices utilize various sources of energy to destroy tissue through ablation. Energy-based technologies used for ablation include electrical, laser, ultrasound, microwave, radiofrequency, intense focused ultrasound (IFU), and cryoablation. Ablation devices are minimally invasive instruments that help physicians treat both benign and cancerous tumors in various parts of the body, including the lungs, kidneys, liver, and many other areas. Increasing preference for minimally invasive procedures over traditional open surgical methods, a rise in chronic health conditions like cancer that require ablation treatment, and technological advancements in ablation systems are some of the major factors driving market revenue growth.

Market Dynamics:

The growing geriatric population, which is more prone to developing various chronic diseases like cancer, is a key factor fueling the demand for ablation devices worldwide. Additionally, increasing preference among physicians and patients for minimally invasive treatment methods as they offer benefits like reduced trauma, hospital stay, and recovery time is bolstering the adoption of ablation technology. However, the high costs associated with advanced ablation systems and procedures could hamper market expansion to some extent. On the other hand, ongoing research and development activities aimed at developing more innovative and effective ablation technologies open up lucrative opportunities for stakeholders. For instance, industry players are working on expanding indications of ablation therapies and leveraging artificial intelligence to optimize ablation treatment planning and delivery.

Key features of the study:

  • This report provides in-depth analysis of the global ablation devices market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 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 approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global ablation devices market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Medtronic, Johnson & Johnson Services, Inc., Abbott, Smith+Nephew., Boston Scientific Corporation, AngioDynamics, ATRICURE, INC., Olympus Corporation, CONMED Corporation, Merit Medical Systems
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • Global ablation devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ablation devices market

Detailed Segmentation:

  • By Technology Type:
    • Radiofrequency Ablation
    • Cryoablation
    • Microwave Ablation
    • Ultrasound Ablation
    • Hydrothermal Ablation
    • Others
  • By Application:
    • Cardiovascular Disease
    • Cancer
    • Gynecology
    • Pain Management
    • Others
  • By End User:
    • Hospitals
    • Ambulatory Surgery Centers/Clinics
    • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Company Profiles:
    • Medtronic
    • Johnson & Johnson Services, Inc.
    • Abbott
    • Smith+Nephew.
    • Boston Scientific Corporation
    • AngioDynamics
    • ATRICURE, INC.
    • Olympus Corporation
    • CONMED Corporation
    • Merit Medical Systems

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Technology Type
      • Market Snippet, By Application
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Rising elderly population and associated diseases
      • High cost of ablation procedures
      • Growing applications of ablation devices
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product Launch/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Ablation Devices Market – Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. Global Ablation Devices Market, By Technology Type, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2020 - 2031
      • Segment Trends
    • Radiofrequency Ablation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Cryoablation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Microwave Ablation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Ultrasound Ablation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Hydrothermal Ablation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
  6. Global Ablation Devices Market, By Application, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2020 - 2031
      • Segment Trends
    • Cardiovascular Disease
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Cancer
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Gynecology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Pain Management
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
  7. Global Ablation Devices Market, By End User, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2020 - 2031
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Ambulatory Surgery Centers/Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
  8. Global Ablation Devices Market, By Region, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2020 - 2031
      • Segment Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Bn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031, (US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019-2031, (US$ Bn)
        • South Africa
        • Central Africa
        • North Africa
  9. Competitive Landscape
    • Medtronic
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Johnson & Johnson Services, Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Abbott
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Smith+Nephew
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Boston Scientific Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • AngioDynamics
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • ATRICURE, INC.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Olympus Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • CONMED Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Merit Medical Systems
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Analyst Views
  10. Section
    • Research Methodology
    • About us

*Browse 35 market data tables and 36 figures on "Global Ablation Devices Market” – Global forecast to 2031

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