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Ablation Device Market Analysis to 2027 | Abbott, Medtronic, Boston Scientific Corporation, CONMED Corporation, AngioDynamics, Smith & Nephew, Olympus, Galil Medical Inc.(Acquired by BTG International Ltd), Ethicon US

07-15-2019 12:55 PM CET | Health & Medicine

Press release from: The Insight Partners

Ablation Device Market to 2027

Ablation Device Market to 2027

The report analyzes factors affecting ablation devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Ablation Devices market in these regions.

The ablation devices market is anticipated to grow in the forecast period owing to key factors such as rise in the increasing prevalence of cancer, kidney stone, rising geriatric population and others. The cosmetic surgery and pain management cases are leading to the growth of the market. The market may create opportunities for the leading companies to acquire smaller players.

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Ablation is the process for the removal of excision, which is generally carried out surgically. Ablation devices are used in the process of ablation, for instance, kidney stone, cancer tumors, thyroid and others are removed by the help of ablators. The ablators are available in various types such as radiofrequency, microwave and others.

The key players operating in the ablation devices market include, Abbott, Medtronic, Boston Scientific Corporation, CONMED Corporation, AngioDynamics, Smith & Nephew, Olympus, Galil Medical Inc.(Acquired by BTG International Ltd), Ethicon US, LLC (subsidiary of Johnson & Johnson) and Stryker.

North America is expected to contribute to the largest share in the ablation devices market in the forecast period. Europe is expected to be second largest market and Asia Pacific is expected to be the fastest growing market owing to the rise in the rise in the prevalence of cancer, kidney stone, and orthopedic conditions. In addition, the increasing cases of the cosmetic surgery and ophthalmic procedures are driving the growth across the regions.

The global ablation devices market is segmented on the basis of product and application. Based product, the market is segmented as laser ablators, radiofrequency ablators, microwave ablators, ultrasound ablators, electric ablators, hydrothermal ablators and cryoablators. The market on the basis of the application is classified as cancer treatment, cosmetic treatment, urological treatment, orthopedic treatment, ophthalmic treatment and pain management.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global ablation devices market based on product and application. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ablation devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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