Cardiac Ablation Systems Market Industry Trends, Size, Share, Growth Analysis 2022-28

According to Precision Business Insights (PBI) latest report the global sterility testing market is valued at USD 957.3 million in 2021. Global sterility testing market segmented into following types: By Product (Radiofrequency (RF) Ablation, Electrical Ablation, Cryoablation, Ultrasound Ablation, and Microwave Ablation), By Application (Cardiac Rhythm Management, Open Surgery, and Others), By End-User (Hospitals, Cardiac Centres, and Ambulatory Surgical Centers), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East Africa) Forecast to 2028. Key player's profiles in the sterility testing market report are Abbott Laboratories, Boston Scientific Corporation, Avanos Medical, Inc, Auris Health, Inc, Olympus, CONMED Corporation, ERBE ELEKTROMEDIZIN GMBH, AngioDynamics, Medtronic Inc, AtriCure, Inc, Biosense Webster, Inc, Teleflex Incorporated, St. Jude Medical Inc, Lepu Medical Technology (Beijing) Co., Ltd, MicroPort Scientific Corporation. Rising demand for minimally invasive procedures driving the growth of the cardiac ablation system market. However, high cost-containment measures taken by various governments and ongoing healthcare reforms in the U.S. are some of the key factors hampering the market growth.

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Radiofrequency Ablation Segment Dominates the Cardiac Ablation Systems Market:
Radiofrequency (RF) Ablation gained a significant market share in 2021, which is expected to continue in the following years. These devices have been demonstrated to be more effective than other strategies in preventing atrial arrhythmia recurrence. The industry is being driven by strategic agreements among different businesses to produce Atrial Fibrillation devices using radiofrequency ablation technology. Furthermore, because of the rising number of instances with AFib, emerging economies such as India and China are considered prospective markets for developing radiofrequency ablation devices.

North America Leads Cardiac Ablation Systems Market:
North America is anticipated to dominate the overall cardiac ablation devices market during the forecast period. This domination is due to the growing demand for advanced and minimally invasive technologies in Cardiac Ablation Devices, and the increased cardiovascular disease in the region is driving the regional growth. However, the domination exhibited by North America will be conspicuously challenged by the European market. This supremacy witnessed is attributed to the rising prevalence of cardiovascular disorder, a growing number of cases of atrial fibrillation, technological advancements in the field of Cardiac Ablation.

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Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
Global sterility testing market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In Feb 2020 Avanos Medical, Inc has announced the U.S. Food and Drug Administration (FDA) has cleared for marketing its new, 80-Watt COOLIEF* Radiofrequency (RF) system for neurological lesion procedures. This easy-to-use system, comprised of a newly designed RF generator, peristaltic pump, and therapy cables, enables physicians to perform a full spectrum of procedures including Cooled, Standard, Pulsed, TransDiscal and dual Bipolar RF. In Oct 2021, Johnson & Johnson Medical Devices Companies announced the United States Food and Drug Administration (FDA) approval of Biosense Webster, Inc.'s THERMOCOOL SMARTTOUCH® SF Ablation Catheter for the treatment of persistent atrial fibrillation. The approval is based on results of a prospective, multi-Center study which met primary safety and effectiveness endpoints and demonstrated 80 percent of persistent AF patients experienced clinical success at 15 months after ablation therapy using the THERMOCOOL SMARTTOUCH SF Catheter with the CARTO VISITAG™ Module.

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Detailed Segmentation
Based on the Product, the market is segmented into the following:
• Radiofrequency (RF) Ablation
• Electrical Ablation
• Cryoablation
• Ultrasound Ablation
• Microwave Ablation

Based on the Application, the market is segmented into the following:
• Cardiac Rhythm Management
• Open Surgery
• Others

Based on the End-user, the market is segmented into the following:
• Hospitals
• Cardiac Centres
• Ambulatory Surgical Centers

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