Market Overview:
The global ablation technologies market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, cancer, and other medical conditions that require ablation therapies as treatment options. In addition, the growing demand for minimally invasive procedures is also contributing to the growth of this market. The global ablation technologies market by type is segmented into radiofrequency ablation (RFA), laser/light ablation, cryoablation, microwave ablation (MWA), hydrothermal ablation (HTA), and others. The RFA segment is expected to account for the largest share of the global market in 2018.
Product Definition:
Ablation technologies are medical procedures that use energy to remove or destroy tissue. This can be done for a variety of reasons, including cancer treatment, removing lesions, or stopping bleeding. Ablation technologies are important because they offer a non-invasive alternative to traditional surgery. They are also often used as a minimally invasive alternative to radiation therapy.
Radiofrequency Ablation:
Radiofrequency Ablation (RFA) is a minimally invasive procedure used to treat patients suffering from precancerous and cancerous lesions. It uses high-intensity focused radio waves to destroy targeted tissue with little or no anesthetic risk. RFA has been in use for over two decades and has emerged as one of the most effective treatment options for various cancers, including prostate, kidney, liver, breast and head & neck cancer.
Laser/Light Ablation:
Laser/Light Ablation is a minimally invasive surgical procedure used to treat patients suffering from various skin conditions such as warts, moles, and lesions. The treatment involves the use of high-intensity light or laser beams which are directed at the targeted area. This leads to coagulation of tissue cells and death thereby producing a hole in the epidermis which is later closed by the body’s own cells.
Application Insights:
The application segment is segregated into cardiovascular disease, cancer, ophthalmology, pain management, gynecology and orthopedic treatment. In 2017, the cardiovascular diseases segment dominated the market owing to an increase in patient base suffering from cardiac related issues. The growth of this segment can be attributed to a rise in lifestyle-induced chronic conditions such as obesity and lack of physical exercise which increases risk factors for Cardiovascular Diseases (CVD). According to data published by WHO in 2018 regarding CVDs globally around 1 out of 3 deaths occur due to CVDs. Thus increasing number of patients dying due to CVDs has created lucrative opportunities for market players catering ablation technologies for its treatment.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and well-established healthcare infrastructure. The region is expected to maintain its dominance over the forecast period due to increasing R&D investments by companies and universities for development of advanced technologies, growing adoption rate by patients seeking minimally invasive treatment options, and rising demand for Ablation Technologies in U.S.
Asia Pacific is expected to grow at a lucrative rate during the forecast period due to factors such as improving economic conditions, high population growth rates coupled with rapidly developing economies such as China & India which are amongst top 10 countries having fastest growth rates on account of low cost labor force availability along with rapid technological advancements in medical devices manufacturing industry.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Growing demand for minimally invasive procedures
- Technological advancements in ablation devices and therapies
- Rising awareness about the benefits of ablation therapy
- Growing number of clinical studies on ablation therapy
Scope Of The Report
Report Attributes
Report Details
Report Title
Ablation Technologies Market Research Report
By Type
Radiofrequency Ablation, Laser/Light Ablation, Cryoablation Ablation, Microwave Ablation, Hydrothermal Ablation, Others
By Application
Cardiovascular Disease, Cancer, Ophthalmology, Pain Management, Gynecology, Orthopedic Treatment, Other
By Companies
Medtronic, AtriCure, Dornier MedTech, Boston Scientific, AngioDynamics, Lumenis, Abbott, Smith & Nephew, Olympus, Johnson & Johnson, EDAP TMS, Hologic, IRIDEX, CONMED, Merit Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Ablation Technologies Market Report Segments:
The global Ablation Technologies market is segmented on the basis of:
Types
Radiofrequency Ablation, Laser/Light Ablation, Cryoablation Ablation, Microwave Ablation, Hydrothermal Ablation, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cardiovascular Disease, Cancer, Ophthalmology, Pain Management, Gynecology, Orthopedic Treatment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- AtriCure
- Dornier MedTech
- Boston Scientific
- AngioDynamics
- Lumenis
- Abbott
- Smith & Nephew
- Olympus
- Johnson & Johnson
- EDAP TMS
- Hologic
- IRIDEX
- CONMED
- Merit Medical
Highlights of The Ablation Technologies Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Radiofrequency Ablation
- Laser/Light Ablation
- Cryoablation Ablation
- Microwave Ablation
- Hydrothermal Ablation
- Others
- By Application:
- Cardiovascular Disease
- Cancer
- Ophthalmology
- Pain Management
- Gynecology
- Orthopedic Treatment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ablation Technologies Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ablation technologies are a type of medical technology that uses heat and radiation to destroy tissue. Ablation can be used to treat a variety of conditions, including heart disease, cancer, and stroke.
Some of the major companies in the ablation technologies market are Medtronic, AtriCure, Dornier MedTech, Boston Scientific, AngioDynamics, Lumenis, Abbott, Smith & Nephew, Olympus, Johnson & Johnson, EDAP TMS, Hologic, IRIDEX, CONMED, Merit Medical.
The ablation technologies market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ablation Technologies Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ablation Technologies Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ablation Technologies Market - Supply Chain
4.5. Global Ablation Technologies Market Forecast
4.5.1. Ablation Technologies Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ablation Technologies Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ablation Technologies Market Absolute $ Opportunity
5. Global Ablation Technologies Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ablation Technologies Market Size and Volume Forecast by Type
5.3.1. Radiofrequency Ablation
5.3.2. Laser/Light Ablation
5.3.3. Cryoablation Ablation
5.3.4. Microwave Ablation
5.3.5. Hydrothermal Ablation
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ablation Technologies Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ablation Technologies Market Size and Volume Forecast by Application
6.3.1. Cardiovascular Disease
6.3.2. Cancer
6.3.3. Ophthalmology
6.3.4. Pain Management
6.3.5. Gynecology
6.3.6. Orthopedic Treatment
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ablation Technologies Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ablation Technologies Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ablation Technologies Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ablation Technologies Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ablation Technologies Demand Share Forecast, 2019-2029
9. North America Ablation Technologies Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ablation Technologies Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ablation Technologies Market Size and Volume Forecast by Application
9.4.1. Cardiovascular Disease
9.4.2. Cancer
9.4.3. Ophthalmology
9.4.4. Pain Management
9.4.5. Gynecology
9.4.6. Orthopedic Treatment
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ablation Technologies Market Size and Volume Forecast by Type
9.7.1. Radiofrequency Ablation
9.7.2. Laser/Light Ablation
9.7.3. Cryoablation Ablation
9.7.4. Microwave Ablation
9.7.5. Hydrothermal Ablation
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ablation Technologies Demand Share Forecast, 2019-2029
10. Latin America Ablation Technologies Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ablation Technologies Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ablation Technologies Market Size and Volume Forecast by Application
10.4.1. Cardiovascular Disease
10.4.2. Cancer
10.4.3. Ophthalmology
10.4.4. Pain Management
10.4.5. Gynecology
10.4.6. Orthopedic Treatment
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ablation Technologies Market Size and Volume Forecast by Type
10.7.1. Radiofrequency Ablation
10.7.2. Laser/Light Ablation
10.7.3. Cryoablation Ablation
10.7.4. Microwave Ablation
10.7.5. Hydrothermal Ablation
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ablation Technologies Demand Share Forecast, 2019-2029
11. Europe Ablation Technologies Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ablation Technologies Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ablation Technologies Market Size and Volume Forecast by Application
11.4.1. Cardiovascular Disease
11.4.2. Cancer
11.4.3. Ophthalmology
11.4.4. Pain Management
11.4.5. Gynecology
11.4.6. Orthopedic Treatment
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ablation Technologies Market Size and Volume Forecast by Type
11.7.1. Radiofrequency Ablatio
11.7.2. Laser/Light Ablation
11.7.3. Cryoablation Ablation
11.7.4. Microwave Ablation
11.7.5. Hydrothermal Ablation
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ablation Technologies Demand Share, 2019-2029
12. Asia Pacific Ablation Technologies Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ablation Technologies Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ablation Technologies Market Size and Volume Forecast by Application
12.4.1. Cardiovascular Disease
12.4.2. Cancer
12.4.3. Ophthalmology
12.4.4. Pain Management
12.4.5. Gynecology
12.4.6. Orthopedic Treatment
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ablation Technologies Market Size and Volume Forecast by Type
12.7.1. Radiofrequency Ablation
12.7.2. Laser/Light Ablation
12.7.3. Cryoablation Ablation
12.7.4. Microwave Ablation
12.7.5. Hydrothermal Ablation
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ablation Technologies Demand Share, 2019-2029
13. Middle East & Africa Ablation Technologies Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ablation Technologies Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ablation Technologies Market Size and Volume Forecast by Application
13.4.1. Cardiovascular Disease
13.4.2. Cancer
13.4.3. Ophthalmology
13.4.4. Pain Management
13.4.5. Gynecology
13.4.6. Orthopedic Treatment
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ablation Technologies Market Size and Volume Forecast by Type
13.7.1. Radiofrequency Ablation
13.7.2. Laser/Light Ablation
13.7.3. Cryoablation Ablation
13.7.4. Microwave Ablation
13.7.5. Hydrothermal Ablation
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ablation Technologies Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Ablation Technologies Market: Market Share Analysis
14.2. Ablation Technologies Distributors and Customers
14.3. Ablation Technologies Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Medtronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AtriCure
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dornier MedTech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Boston Scientific
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AngioDynamics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lumenis
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Abbott
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Smith & Nephew
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Olympus
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Johnson & Johnson
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. EDAP TMS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hologic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. IRIDEX
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CONMED
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Merit Medical
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook