The Global Tissue Ablation Market is expected to grow at a CAGR of 9.4% during the forecast period 2016-2022. Rapid rise in the occurrence of chronic diseases has been one of the major drivers fueling the growth of Tissue ablation market. Moreover, increasing training programs by several device manufacturers for healthcare professionals on the usage of tissue ablation devices is propelling the market growth. However, reuse and reprocessing of devices in developing countries and stringent regulatory policies are hampering the growth of the global market.
In terms of geography, North America dominates the market during the forecast period. Growth is attributed to increasing aged population and rise in a number of chronic diseases. Existence of a large number of regional and international vendors across the world makes Tissue ablation market highly competitive.
Some of the key players in the market include Boston Scientific, Johnson & Johnson, Medtronic, St. Jude Medical , Abbott Laboratories, Acoustic Medsystems , Alcon, American Medical Systems, AtriCure, Philips Healthcare, Advanced Cardiac Therapeutics, Olympus, Vimecon and PLC Medical Systems.
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