Ablation Device Market Foreseen to Grow Exponentially by 2028

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.

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.

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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.

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 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.

The "Global Ablation Devices Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a focus on the global market trend. The report aims to provide an overview of global ablation devices market with detailed market segmentation by product, application and geography. The global ablation devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ablation devices market players and offers key trends and opportunities in the market.

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