Market Overview:
The global cardiac ablation catheters market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of cardiac arrhythmias, technological advancements in ablation devices, and rising demand for minimally invasive procedures. Based on type, the global cardiac ablation catheters market is segmented into multielectrode ablations catheters and single point ablations catheters. The multielectrode ablations catheter segment is expected to account for the largest share of the global cardiac ablation catheters market in 2018. This can be attributed to its ability to target multiple sites simultaneously and its growing use in complex arrhythmia treatments. Based on application, the global cardiac ablation catheters market is segmented into hospitals, ambulatory surgical centers (ASCs), cardiology clinics/centers, and others (including research institutes and training centers). The hospitals segment accounted for the largest share of the global cardiac ablation Catheter Market in 2017 owing to rising number of patients with heart diseases requiring surgical interventions.
Product Definition:
A cardiac ablation catheter is a long, thin tube that's inserted into the blood vessels in your heart. The catheter has a number of electrodes on it that can be used to create heat or energy inside your heart. This heat or energy is used to destroy (ablate) the areas of your heart that are causing abnormal rhythms.
Multielectrode Ablation Catheters:
Multielectrode ablation catheters, also called multipolar catheters or multisection catheters, are a group of interventional cardiac electrophysiology devices used to perform electrical cardioversion/defibrillation and electric shock therapy. Multielectrode ablation is used for the treatment of arrhythmias and heart failure.
Single Point Ablation Catheters:
Single point ablation catheters are used for the treatment of cardiac arrhythmias and other heart diseases. It is a minimally invasive procedure that involves the use of heat to destroy tissue in a specific area. Single-point or spot ablation refers to procedures that involve eliminating tissues or areas of the heart without affecting any other part of the body.
Application Insights:
The hospitals segment dominated the global cardiac ablation catheters market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to a rise in number of cardiovascular diseases that require surgical treatment, which has resulted in an increased demand for these devices. Moreover, hospitals have been focusing on providing better healthcare facilities at reasonable costs which has further driven this growth.
Cardiac centers are estimated to witness lucrative growth during the forecast period owing to increasing number of patients suffering from heart related disorders requiring complex surgeries such as valve replacement or coronary artery bypass grafting procedures. These centers also offer advanced care by providing round-the-clock services and access various advanced technologies such as robot-assisted surgery for minimally invasive procedures that help reduce patient¢â‚¬â„¢s anxiety levels and ensure better results after surgery.
Regional Analysis:
North America dominated the global market in 2017 owing to a well-established healthcare infrastructure, high adoption of technologically advanced products and increasing prevalence of cardiac disorders. Moreover, an increase in the number of FDA approvals for new devices is also expected to drive growth during the forecast period.
The Asia Pacific region is anticipated to witness lucrative growth over the forecast period due to rising disposable income and improving healthcare facilities in emerging countries such as China and India. Furthermore, these countries have a large target population base that requires proper medical attention resulting in increased demand for ablation procedures.
Growth Factors:
- Increasing incidence of cardiac arrhythmias: The global incidence of cardiac arrhythmias is increasing due to the aging population and rising prevalence of cardiovascular diseases. This is expected to drive the demand for cardiac ablation catheters over the next few years.
- Technological advancements: Cardiac ablation catheter manufacturers are constantly innovating their products in order to offer better performance and safety features. This is likely to boost the adoption of these devices in the coming years.
- Growing preference for minimally invasive procedures: Minimally invasive procedures are gaining popularity due to their shorter recovery times and lower risks as compared to traditional surgery methods. This is expected to benefit the cardiac ablation catheter market growth in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cardiac Ablation Catheters Market Research Report
By Type
Multielectrode Ablation Catheters, Single Point Ablation Catheters
By Application
Hospitals, Ambulatory Surgical Centers, Cardiac Centers, Others
By Companies
Medtronic, Articure, Mount Sinai, Boston Scientific, Abbott, Alcon Laboratories, Medtronic
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Cardiac Ablation Catheters Market Report Segments:
The global Cardiac Ablation Catheters market is segmented on the basis of:
Types
Multielectrode Ablation Catheters, Single Point Ablation Catheters
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
Hospitals, Ambulatory Surgical Centers, Cardiac Centers, Others
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
- Articure
- Mount Sinai
- Boston Scientific
- Abbott
- Alcon Laboratories
- Medtronic
Highlights of The Cardiac Ablation Catheters 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:
- Multielectrode Ablation Catheters
- Single Point Ablation Catheters
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Cardiac Centers
- Others
- 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 Cardiac Ablation Catheters 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?
Cardiac ablation catheters are medical devices that use energy to destroy tissue in the heart. This can help to improve or correct heart function.
Some of the major companies in the cardiac ablation catheters market are Medtronic, Articure, Mount Sinai, Boston Scientific, Abbott, Alcon Laboratories, Medtronic.
The cardiac ablation catheters market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cardiac Ablation Catheters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cardiac Ablation Catheters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cardiac Ablation Catheters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cardiac Ablation Catheters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cardiac Ablation Catheters Market Size & Forecast, 2018-2028
4.5.1 Cardiac Ablation Catheters Market Size and Y-o-Y Growth
4.5.2 Cardiac Ablation Catheters Market Absolute $ Opportunity
Chapter 5 Global Cardiac Ablation Catheters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cardiac Ablation Catheters Market Size Forecast by Type
5.2.1 Multielectrode Ablation Catheters
5.2.2 Single Point Ablation Catheters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cardiac Ablation Catheters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cardiac Ablation Catheters Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Cardiac Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cardiac Ablation Catheters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cardiac Ablation Catheters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cardiac Ablation Catheters Analysis and Forecast
9.1 Introduction
9.2 North America Cardiac Ablation Catheters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cardiac Ablation Catheters Market Size Forecast by Type
9.6.1 Multielectrode Ablation Catheters
9.6.2 Single Point Ablation Catheters
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cardiac Ablation Catheters Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Cardiac Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cardiac Ablation Catheters Analysis and Forecast
10.1 Introduction
10.2 Europe Cardiac Ablation Catheters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cardiac Ablation Catheters Market Size Forecast by Type
10.6.1 Multielectrode Ablation Catheters
10.6.2 Single Point Ablation Catheters
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cardiac Ablation Catheters Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Cardiac Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cardiac Ablation Catheters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cardiac Ablation Catheters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cardiac Ablation Catheters Market Size Forecast by Type
11.6.1 Multielectrode Ablation Catheters
11.6.2 Single Point Ablation Catheters
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cardiac Ablation Catheters Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Cardiac Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cardiac Ablation Catheters Analysis and Forecast
12.1 Introduction
12.2 Latin America Cardiac Ablation Catheters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cardiac Ablation Catheters Market Size Forecast by Type
12.6.1 Multielectrode Ablation Catheters
12.6.2 Single Point Ablation Catheters
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cardiac Ablation Catheters Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Cardiac Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cardiac Ablation Catheters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cardiac Ablation Catheters Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cardiac Ablation Catheters Market Size Forecast by Type
13.6.1 Multielectrode Ablation Catheters
13.6.2 Single Point Ablation Catheters
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cardiac Ablation Catheters Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Cardiac Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cardiac Ablation Catheters Market: Competitive Dashboard
14.2 Global Cardiac Ablation Catheters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Articure
14.3.3 Mount Sinai
14.3.4 Boston Scientific
14.3.5 Abbott
14.3.6 Alcon Laboratories
14.3.7 Medtronic
