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Ablation Devices Market Share 2022 Overview, Top Key Players, Demand, Industry Size, Growth Factor, Trends and Forecast to 2027 - Abbott, Olympus Corporation, BTG plc
The Ablation Devices Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2027. The structured analysis contains graphical as well as a diagrammatic representation of the global Ablation Devices Market with its specific geographical regions.The Global Ablation Devices Market Size is Projected to Reach at a CAGR of 10% during 2022-2027.
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Market Overview
Certain factors that are driving the market growth include the rise in the prevalence of chronic diseases, technological advancements, and advantages associated with the device and procedure. Ablation devices are minimally invasive and provide an alternative to the conventional surgical treatment of liver, kidney, prostate, and lung cancers, and the usage is growing rapidly owing to the increasing popularity of minimally invasive treatments as well as the rising incidence of various chronic diseases. Several companies are currently offering innovations in ablation technologies, which supports clinical efficacy, patient safety and procedural efficiency.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report:
Abbott, Olympus Corporation, BTG plc, Boston Scientific Corporation, Smith & Nephew plc, Medtronic plc, AtriCure, Inc., Conmed Corporation, Johnson & Johnson, AngioDynamics, Inc.
Recent Developments
In June 2021, Boston Scientific announced the acquisition of the remaining shares of FARAPULSE. The acquisition complemented Boston Scientific's electrophysiology segment, bringing pulsed-field ablation technology to its portfolio.
In April 2021, Olympus Corporation shifted the global headquarters of its Therapeutic Solutions Division from Tokyo to the US for better access to the medical industry and to generate greater growth through stronger business opportunities.
In January 2021, AtriCure announced FDA approval for expanding labeling claims for cryo nerve block (cryoNB) therapy to include the treatment of adolescent patients (12-21 years of age).
In January 2019, Medtronic entered into a definitive agreement to acquire EPIX Therapeutics, Inc. (EPIX), a private company that designs and manufactures a catheter-based, temperature-controlled cardiac ablation system to treat patients with cardiac arrhythmias (irregular heartbeats), including AF.
Segmentation by type:
Thermal Ablation
Non-Thermal Ablation
Segmentation by application:
Cancer
Cardiovascular
Ophthalmology
Gynecology
Urology
Orthopedics
Others
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North America Dominates the Market over the Forecast Period
The investments, by many key players in this market, have grown significantly in the region, specifically in the United States. In addition, the focus on the development of products with innovative features and greater effectiveness has increased in recent times. As a result, there has been a growth in R&D funding. The market growth in the region is also supported by the rising prevalence of cancer. Moreover, the number of people with higher risk for variety of cancers (aging population) is increasing in the region.
The regions are further sub-divided into:
North America - US, Canada, and Mexico
Europe - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America - Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa - Saudi Arabia, UAE, Israel, South Africa
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Highlights of the Ablation Devices Market Report:
Detailed overview of Ablation Devices Market
Changing the Ablation Devices market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Ablation Devices market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Ablation Devices Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
Finally, the Ablation Devices Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. Ablation Devices industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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