Global Ablation Devices Market Projected to Grow at CAGR of 10.9% by 2026 Global Market | Top Companies like - Arthrex, Boston Scientific Corporation, Medtronic Plc, Intuitive Surgical, Johnson & Johnson And Others

Growing incidence of tumorigenic cancers such as lymph node cancer, lung cancer, and breast cancer as well as small tissue mass formation in the renal and pancreatic areas serve as key factors fueling the growth of the global ablation devices market. Another major factor contributing to the growth of ablation devices market are rising cases of cardiovascular diseases. According to World Health Organization (WHO), over three quarters of deaths due to cardiovascular disorders occur in low and middle income countries. This suggests need for cost-effective and efficient treatment options for such diseases. As per the statistics by National Cancer Institute, there were around14,738,719 people living with cancer in the U.S. Rising awareness among people regarding the benefits of minimally invasive surgeries also fuel the market growth.

Key companies covered as a part of this study include:
Arthrex, Boston Scientific Corporation, Medtronic Plc, Intuitive Surgical, Inc., Johnson & Johnson, Inc., Halyard Health, Abbott Laboratories, EDAP TMS S.A., AtriCure, Inc., and Smith & Nephew.

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The ablation devices market is expected to gain traction in the foreseeable future as these devices are useful in treatment of a wide number of diseases and medical conditions. Manufacturers are focused on increasing the precision and accuracy of ablation devices to meet the rising demands without compromising on quality of the surgical instrument.
Ablation gains immense popularity all over the world, as it offers minimally invasive solutions for the removal of tissues or tumors with bearable pain and less recovery period than that of open surgical procedures. Demand for ablation devices is expected to increase owing to increasing incidence of chronic diseases, mainly tumorigenic cancer and other cardiovascular disorders, across the globe. Chronic diseases are major causes of mortality, which resulted in over 38 million deaths worldwide in 2015 according to the World Health Organization (WHO).

Ablation refers to the removal of certain biological substances from internal parts of the body with the help of ablation devices. Ablation is performed through various techniques such as vaporization, laser, thermal treatments, cryo-treatments, and radiation procedures, among others. In medical sector, ablation is performed usually through surgical methods for the removal of biological substances i.e., usually a small tumor. Other techniques adopted for the removal of infected biological tissues include chemical ablation and radiofrequency ablation.

Key features of the study:

1) The global ablation devices market report caters to various stakeholders in this industry, including investors, drug manufacturers, distributors, and suppliers for ablation devices market, research and consulting firms, new entrants, and financial analysts
2) Various strategy matrices used in analyzing the ablation devices market would provide stakeholders vital inputs to make strategic decisions accordingly

Detailed Segmentation:

Global Ablation Devices Market, By Technology Type:
Radiofrequency Ablation
Microwave Ablation
Cryoablation
High-Intensity Focused Ultrasound
Laser Interstitial Thermal Ablation
Others

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