New report published by Global Info Research which offers insights on the global Ablation Technologies market.
Ablation Technologies is the treatment that destroys tumors or unwanted material without affecting other body tissues or organs. Because of poor health or reduced organ function, these techniques are widely used to treat cancer, cardiovascular and other chronic diseases. In the treatment of chronic diseases, medical ablation plays the prime role in the removal or complete destruction of abnormal tissue. Medical ablation can be done without surgery by insertion of the probe or a needle through the skin into the tumor. Ablation refers to a minimally invasive surgical procedure for the destruction or removal of abnormal tissues that can cause life-threatening conditions such as cancer, atrial fibrillation, and others. The most common types of cancers treated by medical ablation are kidney (renal) cancer, liver cancer, and lung cancer.
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Global Ablation Technologies Market: Forecast by Type / Application / Region
The major players in global market include: Medtronic, AtriCure, Dornier MedTech, Boston Scientific, AngioDynamics, Lumenis, Abbott, Smith & Nephew, Olympus, Johnson & Johnson, EDAP TMS, BTG, Hologic, IRIDEX, CONMED and Merit Medical.
On the basis of product, the Ablation Technologies market is primarily split into: Radiofrequency Ablation, Laser/Light Ablation, Cryoablation Ablation, Microwave Ablation, Hydrothermal Ablation and Others.
On the basis on the end users/Applications covers: Cardiovascular Disease, Cancer, Ophthalmology, Pain Management, Gynecology, Orthopedic Treatment and Other.
In the last several years, global market of Ablation Technologies developed rapidly, with an average growth rate of 9.3%. In 2017, global revenue of Ablation Technologies is about 2.79 billion USD.
The ablation technologies market, by type is segmented into Radiofrequency, Laser/Light, Cryoablation, Microwave, Hydrothermal and others ablation technology. In 2017, Radiofrequency is the largest market share with 54.7%, The microwave ablation technology segment is estimated to grow at the highest CAGR during 2018 to 2023.
The market by application Cardiovascular Disease, Cancer, Ophthalmology, Pain Management, Gynecology, Orthopedic Treatment, and others. The cancer segment is expected to command a major share of the ablation technologies market in 2017 with the market share 45.4%.
North America is the largest consumption place, with a consumption market share nearly 41.7% in 2017. Following North America; Europe is the second largest consumption place with the consumption market share of 28.3% in 2017. Ablation Technologies market in Asia Pacific region is expected to exhibit the highest growth rate especially in the developing Asian countries like China & India.
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United States Ablation Technologies Market 2018 Forecast to 2023
Europe Ablation Technologies Market 2018 Forecast to 2023
North America Ablation Technologies Market 2018 Forecast to 2023
Asia-Pacific Ablation Technologies Market 2018 Forecast to 2023
China Ablation Technologies Market 2018 Forecast to 2023
EMEA Ablation Technologies Market 2018 Forecast to 2023
Global Ablation Technologies Market 2018 Forecast to 2023
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