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Global Ablation Technologies market

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Ablation Technologies Market By Product (Light/Laser Ablators, Radiofrequency Ablators, Electrical Ablator, Ultrasound Ablators), By Type (Light/Laser Ablation, Radiofrequency Ablation, Electrical Ablation, Ultrasound Ablation)
Ablation technologies market has a bright growth potential over the forecast period
Market Overview:
Global Ablation Technologies market has been estimated at USD 3723 Million in 2018 and is
projected to reach USD 6455 Million by 2023, at a CAGR of 11.60% during the forecast period
from 2018 to 2023. Removal treatments can be utilized for the treatment of different
sicknesses over a few therapeutic areas, for example, ophthalmology, growth, gynecology, and
cardiovascular. Being a minimally invasive procedure, it is less difficult than regular careful
activities, prompting shorter recovery time.
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Factors affecting market growth:
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Increase in number of ablation procedures. (+)
•
Rising incidence of cancer. (+)
•
According to WHO, cancer is one of the leading causes of mobility and mortality
worldwide. Approx. 12 Million people suffered in 2012 and it is expected to rise up to
70% (+)
•
Growing prevalence of cardiovascular diseases. (+)
•
Re-Use and reprocessing of devices (-)
•
Cost containment measures are restraining the market growth. (-)
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Market Segmentation
The Global Ablation Technologies market is geographically segmented into
•
North America
•
Europe
•
Asia Pacific
•
Latin America
•
Middle East and Africa
North America is the biggest market in terms of market share across the globe, followed by
Europe. The market in North America is highly driven due to factors like technological
advancement in ablation technology field, better healthcare infrastructure in comparison to
any other region, high disposal income of individual and increase in lifestyle related diseases in
this region. The Ablation Technologies market in the Asia-Pacific region is projected to grow at
the highest CAGR, which is greatly due to increasing popularity of minimally invasive surgeries
in the region, government support to increase population access for elective surgeries,
increasing investment by global players in the region.
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Key players:
Market players are Biosense Webster, Inc., St. Jude Medical, Inc., Boston Scientific Corporation,
AngioDynamics, Inc., AtriCure, Inc., Smith & Nephew plc, Galil Medical Inc., CONMED
Corporation, Olympus Corporation, Covidien PLC, Medtronic, Inc., BSD Medical Corporation, are
the major players of Global Ablation Technologies market.
Contact Info:
Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank,B-44, Rd Number 3, Journalist Colony, Film
Nagar, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Author
Bhargav
Bhargav410   documents Email
Document
Category
Business and Leadership
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File Size
134 KB
Tags
ablation, Ablation Technologies
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