Ablation Devices Market is Expected to Reach $6,657.7 Million : Manufacturers, Regions, Types, Major Drivers, Revenue

Ablation is a minimally invasive procedure that treats various chronic diseases such as cancer and pulmonary conditions, as well as used for aesthetic procedures. The market is expected to grow at a significant rate due to various advantages of ablation procedures (short time duration, minimized blood loss and damage to healthy organs and tissues, operator friendly) over conventional methods such as chemotherapy, as it has high side-effects. The introduction of innovative and advanced ablation technologies and the increase in the prevalence of chronic diseases and awareness about the procedure would contribute towards the market growth. However, the market growth is hindered by unstable reimbursement policies, stringent government regulations, limited awareness, and high cost of the procedure.

Ablation Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $6,658 million by 2022, registering a CAGR of 11.7% during the period 2016-2022. Thermal ablation devices segment is estimated to dominate the market throughout the analysis period. About two-thirds of the world ablation devices market share was captured by cardiovascular and cancer segment in 2015.


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Presently, North America and Europe have the highest growth potential due to established reimbursement policies, high buying power, rapid adoption of minimal-invasive therapies, rise in the count of aging population, and increasing prevalence of patients with chronic illnesses. However, the market would gain traction in the developing regions of Asia-Pacific and Latin America as well, due to the increase in urbanization & disposable income, large number of undiagnosed patients, and growing awareness about ablation devices.

Key findings of the Ablation Devices Market:

• Varicose veins segment is estimated to exhibit a CAGR of 15.6%, among procedure types.

• Cardiovascular is anticipated to be the fastest growing segment throughout the analysis period.

• Epidermal and subcutaneous cryoablation devices are the fastest growing sub-markets from cryoablation devices segment.

• Turkey ablation devices market is projected to grow at a CAGR of 10.8%.

• Automated/robotic ablation devices market is projected to grow at a CAGR of 14.3%.

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Key players in the market:

• Boston Scientific Corporation
• AngioDynamics Inc.
• AtriCure Inc.
• St. Jude Medical Inc.
• Medtronic plc
• Conmed Corporation
• Olympus Corporation
• Johnson & Johnson
• Smith & Nephew plc
• BTG plc.

Table of content:

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top investment pockets
3.2.2 Top winning strategies

3.3 Government regulations

3.3.1 U.S. FDA
3.3.2 Europe CE mark
3.3.3 Others

3.4 Reimbursement scenarios
3.5 Clinical trials
3.6 Patent analysis

3.6.1 Patent analysis, by year
3.6.2 Patent analysis, by company

3.7 Top impacting factors

3.7.1 Drivers

3.7.1.1 Rise in the prevalence of chronic illnesses
3.7.1.2 Technological advancements
3.7.1.3 Short duration and high efficacy of the procedure

3.7.2 Restraints

3.7.2.1 Government regulations and reimbursement policies
3.7.2.2 High cost and limited awareness

3.7.3 Opportunities

3.7.3.1 Increase in the level of awareness
3.7.3.2 Untapped markets in emerging economies

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List of Figures

FIG. 1 TOP INVESTMENT POCKETS: WORLD ABLATION DEVICES MARKET, BY APPLICATION
FIG. 2 TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION (20132016)
FIG. 3 TOP WINNING STRATEGIES: NATURE AND TYPE, 2014-2016
FIG. 1 PATENTS REGISTERED/APPROVED WORLDWIDE, 20102016
FIG. 2 PATENTS REGISTERED/APPROVED, BY YEAR (20102015)
FIG. 3 PATENTS REGISTERED/APPROVED, BY COMPANY (2010-2016)
FIG. 4 TOP IMPACTING FACTORS
FIG. 5 U.S. ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 6 CANADA ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 7 MEXICO ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 8 GERMANY ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 9 FRANCE ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 10 UK ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 11 ITALY ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 12 SPAIN ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 13 RUSSIA ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 14 REST OF EUROPE ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 15 JAPAN ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 16 CHINA ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 17 AUSTRALIA ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 18 INDIA ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 19 SOUTH KOREA ABLATION DEVICES MARKET, 2014-2022 ($MILLION)
FIG. 20 TAIWAN ABLATION DEVICES MARKET, 2014-2022 ($MILLION)

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