Ablation Devices Market SWOT Analysis and Major Players Arthrex, Boston Scientific Corporation, Medtronic, Intuitive Surgical, Johnson & Johnson,Halyard Health

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. Moreover, robotic navigation technologies provide more accuracy to ablation procedures, making them an ideal technique for tumor removal procedures. Additionally, low risk of infection, faster recovery time, affordable pricing, and increasing geriatric population are few other factors responsible to drive the growth of the global ablation devices market. However, the side effects of ablation treatment, implementation of stringent regulatory guidelines associated with the manufacturing process of these devices, and limited performance of these devices are obstructing the market growth.

Market Taxonomy

This report segments the global ablation devices market on the basis of application, technology, function, procedure, end user, and geography. On the basis of application, the global ablation devices market is segmented into cancer, ophthalmology, cardiovascular, urology, orthopedics, gynecology, and others. On the basis of technology, the global ablation devices market is segmented into radiofrequency ablation, microwave ablation, cryoablation, high-intensity focused ultrasound ablation, laser interstitial thermal ablation, and others. On the basis of function, the global ablation devices market is segmented into automated (robotic) and conventional. Based on end user, the global ablation devices market is segmented as hospitals, ambulatory surgical centers, specialty clinics, and others. On the basis of procedure, the global ablation devices market is segmented into tumor ablation, varicose veins, atrial fibrillation, and aesthetics-skin rejuvenation and tightening, laser and other energy based therapies, and others. On the basis of geography, the market is segmented in to North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Key features of the study:

This report provides in-depth analysis of the global ablation devices and its application, market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2017 – 2025, considering 2015 as the base year

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for the ablation devices market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players

It profiles leading players in the global ablation devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

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.
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, distribution channel upgrades, market expansion, and marketing tactics

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

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