Ablation Devices Market

2019 Analysis and Review of Ablation Devices Market by Application - Cardiovascular, Cancer, Urological, Ophthalmic, and Others for 2019-2029

Stakeholders Target Advanced Ablation Catheters for Sustained Profits

Advanced ablation catheters are considered as a viable alternative management strategy, and are frequently utilized in the treatment of paroxysmal atrial fibrillation (AFib). Under the category, irrigated tip RF ablation catheters are expected to significantly boost market revenue growth.

Cryoablation catheters exhibit greater level of efficiency and safety in the treatment of arrhythmias, particularly in perinodal procedures, and thus, are seeing an adoption upsurge. Further, the need to achieve better clinical outcomes in treating a majority of arrhythmias and certain types of structural heart diseases is bolstering the adoption of advanced ablation devices.

Developed Regions Maintain Positive Trend

Together, the ablation devices markets in North America and Europe procure around 70% of total revenue generation. The governments in these regions are significantly investing in healthcare infrastructure in an effort to address the expanding patient pool of cardiac and oncological disorders.

While North America’s ablation devices market hit the billion-dollar mark in 2019, the market in Europe will follow the same in 2020. Looking ahead, rapid penetration of state-of-the-art medical equipment and healthcare technologies in Asia is offering further opportunities of growth and profitability in the region.

Upsurge in Ablation Procedure Incidence to Fuel Growth Engine

Ablation devices are a safe, durable, and effective method to manage arrhythmias, due to which, they are highly preferable for prolonged medical treatment. The American Heart Association (AHA) has reported substantial increase in hospital ablation procedures in the US.

In addition, rise in the number of catheter ablations for arrhythmias has been observed for geriatric patients and patients with significant comorbidities - around thrice in the recent past. Furthermore, the non-invasive nature of the ablation procedure has attracted huge attention of various healthcare centers, thereby projected to boost the adoption of ablation devices in the near term.

How Growth will Unfold

Radiofrequency ablation (RFA) systems offer advantages of reduced risk of side effects and lesser recovery period, and are considered suitable for patients with multiple tumors. FMI finds that, the usage of the RFA method would surge more than twice over the decade ahead. Microwave ablation (MWA) devices also showcase clinical outcomes identical to RFA, yet, the method exhibits shorter mean ablation versus RFA. While market players continue to reap substantial returns from both these treatment modalities, MWA would see notable rise in its application in the coming years. 

ABLATION DEVICES MARKET TAXONOMY

The global ablation devices is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Product Type

  • Bipolar Energy Ablation Devices
  • Cryotherapy Ablation Devices
  • Hydrothermal Ablation (HTA) Devices
  • Thermal Balloon Ablation Devices
  • Advanced Ablation Catheters
    • Cryoablation Catheters
    • Irrigated tip RF Ablation Catheters
    • Laser Ablation Catheters
  • Standard Ablation Catheters
    • Conventional Radiofrequency Ablation Catheters
  • MRI Guided Neurosurgical Ablation
    • MRI Guided Laser Therapy Systems
    • MRI Guided RF Ablation Systems
    • MRI Guided Focused Ultrasound Systems
    • Accessories

Technology

  • Laser
  • Radiofrequency
  • Microwave
  • Ultrasound
  • Others

Application

  • Cardiovascular
  • Cancer
  • Urological
  • Ophthalmic
  • Others

Functional

  • Automated Robotics
  • Conventional

End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics

Regions

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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Ablation Devices Market