Ablation Devices Market Forecasts, Size, Share, Regional Outlook 2017 - Acute Ma
Posted by akshayparmar on November 21st, 2017
Ablation Devices Market (Electrical, Radiofrequency, Cryoablation, Radiation, Laser, Ultrasound, Microwave & Hydrothermal Ablation; Device Types & Applications) : Growth, Future Prospects & Competition Assessment, 2017-2025, the global ablation devices market was valued at USD12.5 Bn in 2017, and is expected to reach USD40.4 Bn by 2025, expanding at a CAGR of 9% from 2017 to 2025.
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Ablation is a minimally invasive therapeutic procedure used for destruction and dissection ofdiseased tissue. Ablation is commonly used for treatment of conditions such as cancer, ophthalmic disorders urologic diseases, gynecological conditions and orthopedic disorders. Based on device type, this report categorizes ablation devices market into generators, catheters and probes, and disposables and accessories. Generators due to their higher prices and augmenting installation base is the largest device segment in the market.
The overall ablation devices market is technologically driven. Other major drivers of this market are growing incidence of chronic target diseases such as cancer and CVD, technological advancements, growing demand for minimally invasive procedures, and rapid growth in the pool of high-risk geriatric population. Conversely, stringent approval requirements and high cost of equipment are the major set of challenges faced towards the market progression. Ablation devices market is highly competitive with existence of a multitude of players closely competing to augment their foothold in the market.
Among the energy types used for delivering ablation, radiofrequency is the most sought technology and has the highest number of products commercially available. Other key segments include ultrasound ablation, laser ablation and electrical ablation. High safety of RF ablation is the key factor contributing to the dominance of RF ablation devices in the global market. However, with the emergence of novel technologies such as cryoablation and microwave ablation, the demand for RF ablation will experience a slight competition, yet not a complete upset in the overall market situation. The growth of microwave ablation segment is high primarily due to high successful treatment outcomes in cancer and efficiency in producing larger ablation zones as against RF ablation.
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Ablation Devices Market: Market Dynamics and Outlook
Chapter 8 Company Profiles
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