Ablation Equipment Market, By Technology (Electrical, Radiation, Radiofrequency, Light, Ultrasound, Cryotherapy, Thermal, Microwave, and Hydro-mechanical), By Product (Radiofrequency Ablators, Laser/Light Ablators, Ultrasound Ablators, Electrical Ablators, Cryoablation Devices, Microwave Ablators, and Hydrothermal Ablators), By Application (Cardiovascular Disease, Cancer, Ophthalmology, Pain Management, Gynecology, Urology, Orthopedic Treatment, Cosmetic Surgery, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Ablation Equipment Market Is Estimated To Be 37.1 Billion By 2029 With A Cagr Of 10.8% During Forecasted Period.

Ablation is a technique that utilizes radiofrequency energy to destroy a small area of heart tissue that is causing irregular and rapid heartbeats, this process is also termed as radiofrequency ablation. It is a process to destroy tissue in heart which is responsible to cause wrong electrical signals leading to an abnormal heart rhythm.

Rising number of ablation procedures

Minimally invasive substitutes involve less scarring, less pain, and provides an earlier recovery for patients. Additionally, as compared to traditional surgical procedures, these procedures are more economical. The acceptance of minimally invasive surgeries across the globe is growing as these procedures have lower mortality, are safer and as well as lower complication rates as compared to open surgeries. Further, according to the data published by American Society for Aesthetic Plastic Surgery, the number of minimally invasive cosmetic procedures in the U.S. in 2014 increased from ~13.9 million procedures to 14.2 million in 2015. One of the most regularly used minimally-invasive techniques is ablation, used for the treatment of various tumor, uterine fibroids, and AF. Hence, the growing demand for minimally invasive surgical procedures support the ablation procedures to expand globally, and is propelling the target market growth.

Reprocessing and reuse of devices in developing countries

Ablation catheters are considered as single-use devices (SUDs), as per the FDA and EU regulations. Conversely, limited reimbursement and high cost of these devices has led to their reuse and reprocessing mainly in hospitals with budget constraints. High cost of ablation devices have resulted in regular reuse of these devices in emerging countries such as India, Brazil, and Russia. Thus, the reuse of ablation catheters increases the risk of blood-borne infections among patients, and reduces their market size.

The global ablation equipment market is segmented based on technology, product, application, and region.

On the basis of technology, the global ablation equipment market is segmented into electrical, radiation, radiofrequency, light, ultrasound, cryotherapy, thermal, microwave, and hydro-mechanical. On the basis of product, the target market is radiofrequency ablators, laser/light ablators, ultrasound ablators, electrical ablators, cryoablation devices, microwave ablators, and hydrothermal ablators. On the basis of application, the target market is classified into cardiovascular disease, cancer, ophthalmology, pain management, gynecology, urology, orthopedic treatment, cosmetic surgery, and others.

Regional Insights:

On region the global ablation equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to register the highest share of the market in 2017, due to rapidly increasing elderly population, high acceptance rate of ablation devices in the region. The Asia-Pacific market is expected to increase at the biggest CAGR rate over the forecast period. The substantial growth described by the Asia Pacific region is driven by factors including the large population base, rising focus of global market players, and growing prevalence of cancer.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global ablation equipment market report based on technology, product, application, and region.

Global Ablation Equipment Market, By Technology:

• Electrical
• Radiation
• Radiofrequency
• Light
• Ultrasound
• Cryotherapy
• Thermal
• Microwave
• Hydro-mechanical

Global Ablation Equipment Market, By Product:

• Radiofrequency Ablators
• Laser/Light Ablators
• Ultrasound Ablators
• Electrical Ablators
• Cryoablation Devices
• Microwave Ablators
• Hydrothermal Ablators

 Global Ablation Equipment Market, By Application:

• Cardiovascular Disease
• Cancer
• Ophthalmology
• Pain Management
• Gynecology
• Urology
• Orthopedic Treatment
• Cosmetic Surgery
• Others

Global Ablation Equipment Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating the global ablation equipment market includes Arthrex, Boston Scientific Corporation, AtriCure, Inc., Intuitive Surgical, Inc., Medtronic Plc., Johnson & Johnson, Inc., Halyard Health, Abbott Laboratories, EDAP TMS S.A., and Smith & Nephew. Several companies are focusing on technological advancements and launching innovative products to meet consumer demand, which is projected to boost the ablation devices market growth in the coming years. For instance, in 2016, Medtronic Plc, developed the new Barrx 360 Express radiofrequency ablation (RFA) balloon catheter for treatment of Barrett's esophagus.

• Arthrex
  • Company Overview
  • Product Technology Portfolio
  • Key Highlights
  • Financial PerRaw Materialance
  • Business Strategies

• Boston Scientific Corporation
• AtriCure, Inc.
• Intuitive Surgical, Inc.
• Medtronic Plc.
• Johnson & Johnson, Inc.
• Halyard Health
• Abbott Laboratories
• EDAP TMS S.A.
• Smith & Nephew

“*” marked represents similar segmentation in other categories in the respective section