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2024 Ablation Devices Market Report : Market Size, Growth Drivers, And Key Trends | Johnson And Johnson, Abbott Laboratories, Medtronic plc, Koninklijke Philips N.V., Stryker Corporation
Ablation Devices Global Market Report 2024
As per the report, the ablation devices market size has grown strongly in recent years. It will grow from $7.78 billion in 2023 to $8.49 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The ablation devices market size is expected to see strong growth in the next few years. It will grow to $12.13 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.
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What Is Driving The Growth Of The Global Ablation Devices Market?
Increasing Prevalence Of Chronic Diseases Drives Growth In Ablation Device Market
The increasing prevalence of chronic diseases is expected to propel the growth of the ablation device market going forward. The prevalence of chronic diseases is growing due to lifestyle changes, aging populations, and increased longevity. Ablation devices are used in chronic diseases to selectively destroy abnormal tissue, providing minimally invasive treatment options for conditions such as cardiac arrhythmias and certain cancers
What Is The Key Trend In The Global Ablation Devices Market?
Innovative Solutions In Ablation Device Technology For Treating Barrett's Esophagus
Major companies operating in the ablation devices market are focused on developing innovative solutions, such as the cryoballoon ablation system, for the treatment of Barrett's esophagus. The cryoballoon ablation system is a medical device used for treating cardiac arrhythmias by freezing and ablating tissue with a balloon-based catheter.
How Is The Global Ablation Devices Market Segmented?
The ablation devices market covered in this report is segmented -
1) By Product: Laser Ablators, Radiofrequency Ablators, Microwave Ablators, Ultrasound Ablators, Electric Ablators, Hydrothermal Ablators, Cryoablators
2) By Technology Type: Radiofrequency Ablation, Microwave Ablation, Cryoablation, High-Intensity Focused Ultrasound, Laser Interstitial Thermal Ablation, Other Technology Types
3) By Function: Automatic, Robotic
4) By End-Users: Hospitals And Clinics, Ambulatory Surgical Centers, Others End-Users
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How Is The Competitive Landscape Of The Global Ablation Devices Market?
Major companies operating in the ablation devices market are Johnson And Johnson, Abbott Laboratories, Medtronic plc, Koninklijke Philips N.V., Stryker Corporation, Boston Scientific Corporation, Alcon Inc., Olympus Corporation, Smith And Nephew PLC, Cynosure Inc., Hologic Inc., Bausch And Lomb Incorporated, Varian Medical Systems, CONMED Corporation, Avanos Medical Inc., Japan Lifeline Co., AtriCure Inc., AngioDynamics Inc., Syneron Medical Ltd., Dornier MedTech GmbH, EDAP TMS, CathRx Ltd.
Contents Of The Global Ablation Devices Market
1. Executive Summary
2. Ablation Devices Market Report Structure
3. Ablation Devices Market Trends And Strategies
4. Ablation Devices Market - Macro Economic Scenario
5. Ablation Devices Market Size And Growth
…..
27. Ablation Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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