Market Overview:
The global microwave ablators market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cancer and other diseases, growing demand for minimally invasive procedures, and technological advancements in microwave ablators. Based on type, the global microwave ablators market is segmented into microwave thermotherapy ablators and cold cycle ablation. The microwave thermotherapy ablators segment is expected to account for the majority share of the global market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to its ability to provide precise thermal energy deposition and better patient outcomes as compared with other ablation techniques. Based on application, the global microwaves ablator market is divided into cardiovascular disease treatment, cancer treatment, ophthalmologic treatment, gynecologic treatment pain management, and other applications.
Product Definition:
A microwave ablator is a device that emits microwaves. They are used to heat materials, and can be used for welding or cutting.
Microwave Thermotherapy Ablators:
A microwave thermotherapy ablators is a device that is used to destroy cancer cells by heating them to a high temperature. Microwave thermotherapy ablators are specifically designed for the treatment of soft tissue sarcomas, brain tumors, and bone metastases. The main ingredient in these devices consists of concentrated RF energy which has the ability to damage all cell structures including DNA and RNA resulting into death of cancer cells.
Cold Cycle Ablation:
Cold cycle ablation is a minimally invasive surgical procedure used to treat patients suffering from chronic pain, who have been unable to get relief from conventional therapies. The treatment involves the use of extremely cold temperatures (less than -100o C) which cause tissues and cells to die or coagulate, thus reducing or eliminating pain.
Application Insights:
The other application segment includes the treatment of chronic pain, musculoskeletal disorders, neurological disorders and others. Microwave ablation is used for the treatment of various chronic conditions such as cancerous tumors, cardiovascular disease (CVD), diabetes mellitus type I & II, glaucoma/eye surgery, ophthalmologic diseases and others. The growing usage of microwave ablators in pain management due to its non-invasive procedure has increased market penetration. However, stringent regulatory guidelines pertaining to the use of microwaves will pose a challenge to industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to increasing R&D activities and high adoption of advanced technologies across various medical fields. Moreover, presence of key companies such as Johnson & Johnson Services Inc.; Philips Healthcare; and ConvaTec LLC is also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising healthcare expenditure by governments as well as private organizations, growing awareness about microwave ablation devices among patients, and availability of cost-effective treatment options in emerging countries such as India and China. In addition, favorable government policies are also expected to boost revenue generation in APAC during the forecast period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global microwave ablators market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for minimally invasive surgeries. Microwave ablation is a minimally invasive surgical technique that uses high-frequency waves to destroy cancer cells or other tissues. This technique offers several advantages over traditional surgery, such as reduced pain and blood loss, shorter hospital stay, and faster recovery time.
- Rising prevalence of cancer: The incidence of various types of cancer is on the rise globally due to factors such as aging population, unhealthy lifestyle habits, and environmental pollution. This is expected to drive the growth of the microwave ablators market in the coming years.
- Growing popularity of radiofrequency ablation (RFA): Radiofrequency ablation (RFA) is a non-invasive treatment option for tumors that are difficult to remove surgically or those that have recurred after surgery. RFA uses high-energy radio waves to heat up and destroy tumor cells without damaging healthy tissue around them. This technology has gained immense popularity in recent years due its safety and efficacy profile compared with traditional treatments such as chemotherapy or radiation therapy .This is likely to boost the growth prospects of microwave ablators market in coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Microwave Ablators Market Research Report
By Type
Microwave Thermotherapy Ablators, Cold Cycle Ablation
By Application
Cardiovascular Disease Treatment, Cancer Treatment, Ophthalmologic Treatment, Gynecologic Treatment, Pain Management, Other
By Companies
Medtronic, Biosense, St. Jude, Boston, Angiodynamics, Atricure, Smith & Nephew, Galil Medical, Conmed, Olympus
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Microwave Ablators Market Report Segments:
The global Microwave Ablators market is segmented on the basis of:
Types
Microwave Thermotherapy Ablators, Cold Cycle Ablation
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 Treatment, Cancer Treatment, Ophthalmologic Treatment, Gynecologic Treatment, Pain Management, 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
- Biosense
- St. Jude
- Boston
- Angiodynamics
- Atricure
- Smith & Nephew
- Galil Medical
- Conmed
- Olympus
Highlights of The Microwave Ablators 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:
- Microwave Thermotherapy Ablators
- Cold Cycle Ablation
- By Application:
- Cardiovascular Disease Treatment
- Cancer Treatment
- Ophthalmologic Treatment
- Gynecologic Treatment
- Pain Management
- 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 Microwave Ablators 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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- Correctly Positioning New Products
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- Consumer Insights
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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?
Microwave ablators are a type of microwave oven that use microwaves to heat up the air inside the oven, which then causes steam to escape and break down grease or oil. This process is called "ablation."
Some of the key players operating in the microwave ablators market are Medtronic, Biosense, St. Jude, Boston, Angiodynamics, Atricure, Smith & Nephew, Galil Medical, Conmed, Olympus.
The microwave ablators market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microwave Ablators 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. Microwave Ablators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microwave Ablators Market - Supply Chain
4.5. Global Microwave Ablators Market Forecast
4.5.1. Microwave Ablators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microwave Ablators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microwave Ablators Market Absolute $ Opportunity
5. Global Microwave Ablators 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. Microwave Ablators Market Size and Volume Forecast by Type
5.3.1. Microwave Thermotherapy Ablators
5.3.2. Cold Cycle Ablation
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microwave Ablators 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. Microwave Ablators Market Size and Volume Forecast by Application
6.3.1. Cardiovascular Disease Treatment
6.3.2. Cancer Treatment
6.3.3. Ophthalmologic Treatment
6.3.4. Gynecologic Treatment
6.3.5. Pain Management
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microwave Ablators 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. Microwave Ablators 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 Microwave Ablators 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. Microwave Ablators 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 Microwave Ablators Demand Share Forecast, 2019-2029
9. North America Microwave Ablators 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 Microwave Ablators 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 Microwave Ablators Market Size and Volume Forecast by Application
9.4.1. Cardiovascular Disease Treatment
9.4.2. Cancer Treatment
9.4.3. Ophthalmologic Treatment
9.4.4. Gynecologic Treatment
9.4.5. Pain Management
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microwave Ablators Market Size and Volume Forecast by Type
9.7.1. Microwave Thermotherapy Ablators
9.7.2. Cold Cycle Ablation
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 Microwave Ablators Demand Share Forecast, 2019-2029
10. Latin America Microwave Ablators 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 Microwave Ablators 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 Microwave Ablators Market Size and Volume Forecast by Application
10.4.1. Cardiovascular Disease Treatment
10.4.2. Cancer Treatment
10.4.3. Ophthalmologic Treatment
10.4.4. Gynecologic Treatment
10.4.5. Pain Management
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microwave Ablators Market Size and Volume Forecast by Type
10.7.1. Microwave Thermotherapy Ablators
10.7.2. Cold Cycle Ablation
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 Microwave Ablators Demand Share Forecast, 2019-2029
11. Europe Microwave Ablators 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 Microwave Ablators 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 Microwave Ablators Market Size and Volume Forecast by Application
11.4.1. Cardiovascular Disease Treatment
11.4.2. Cancer Treatment
11.4.3. Ophthalmologic Treatment
11.4.4. Gynecologic Treatment
11.4.5. Pain Management
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microwave Ablators Market Size and Volume Forecast by Type
11.7.1. Microwave Thermotherapy Ablators
11.7.2. Cold Cycle Ablation
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 Microwave Ablators Demand Share, 2019-2029
12. Asia Pacific Microwave Ablators 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 Microwave Ablators 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 Microwave Ablators Market Size and Volume Forecast by Application
12.4.1. Cardiovascular Disease Treatment
12.4.2. Cancer Treatment
12.4.3. Ophthalmologic Treatment
12.4.4. Gynecologic Treatment
12.4.5. Pain Management
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microwave Ablators Market Size and Volume Forecast by Type
12.7.1. Microwave Thermotherapy Ablators
12.7.2. Cold Cycle Ablation
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 Microwave Ablators Demand Share, 2019-2029
13. Middle East & Africa Microwave Ablators 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 Microwave Ablators 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 Microwave Ablators Market Size and Volume Forecast by Application
13.4.1. Cardiovascular Disease Treatment
13.4.2. Cancer Treatment
13.4.3. Ophthalmologic Treatment
13.4.4. Gynecologic Treatment
13.4.5. Pain Management
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microwave Ablators Market Size and Volume Forecast by Type
13.7.1. Microwave Thermotherapy Ablators
13.7.2. Cold Cycle Ablation
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 Microwave Ablators Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Microwave Ablators Market: Market Share Analysis
14.2. Microwave Ablators Distributors and Customers
14.3. Microwave Ablators 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. Biosense
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. St. Jude
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
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. Atricure
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Smith & Nephew
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Galil Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Conmed
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Olympus
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
