Global 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.

Report Code: PMI429220 | Publish Date: June 2020 | No. of Pages: 141

Global Ablation Equipment Market Overview

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.

Global Ablation Equipment Market Dynamics

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.

Access Crucial Insights at a Fraction of the Cost | Request Your Discount

Global Ablation Equipment Market Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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.

Reduce costs by up to 30% with a custom report tailored to your specific needs | Request Customized Report

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

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

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

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

Global Ablation Equipment Market Key Players

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.

Global Ablation Equipment Market Company Profile

  • 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

Global Ablation Equipment Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Ablation Equipment Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Technology
      • Market Snippet, By Product
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Ablation Equipment Market, By Technology, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Electrical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Radiation
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Radiofrequency
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Light
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Ultrasound
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Cryotherapy
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Thermal
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Microwave
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Hydro-mechanical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  6. Global Ablation Equipment Market, By Product, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Radiofrequency Ablators
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Laser/Light Ablators
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Ultrasound Ablators
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Electrical Ablators
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Cryoablation Devices
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Microwave Ablators
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Hydrothermal Ablators
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  7. Global Ablation Equipment Market, By Application, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Cardiovascular Disease
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Cancer
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Ophthalmology
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Pain Management
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Gynecology
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Urology
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Orthopedic Treatment
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Cosmetic Surgery
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  8. Global Ablation Equipment Market, By Region, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2020 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Technology, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
      • Arthrex
        • Company Overview
        • Technology Portfolio
        • Key Highlights
        • Financial Overview
        • 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
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The ablation equipment market accounted for US$ 14.7 billion in 2020 and is estimated to be 37.1 billion by 2029 and is anticipated to register a CAGR of 10.8%.

The market report has been segmented on the basis of type, product, application, and region.

Emerging trends include the development of novel ablation technologies, the increasing adoption of minimally invasive procedures, and the expansion of ablation applications in various medical specialties, presenting significant opportunities in the global Ablation Equipment Market.

Factors driving the market include the rising prevalence of chronic diseases requiring ablation procedures, advancements in ablation technologies, the demand for minimally invasive treatments, and the growing aging population contributing to a higher incidence of conditions like atrial fibrillation and cancer.

The report covers regions worldwide. North America is expected to dominate the Ablation Equipment Market, driven by a well-established healthcare system, high adoption of advanced medical technologies, and significant investments in research and development in the region. Other influential regions include Europe and Asia-Pacific.

The prominent player operating in 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