Press release
Ablation Devices Market Research 2024 - Outlook, Overview And Forecast To 2033
Ablation Devices Market Research
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=17048&type=smp
According to The Business Research Company's, 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 growth in the historic period can be attributed to the rising chronic disease burden, growing elderly population, government initiatives and funding, clinical evidence and research, and growing awareness among physicians.
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%. The growth in the forecast period can be attributed to growing healthcare infrastructure, enhanced integration of ablation devices with imaging technologies, rising disposable incomes, faster regulatory approvals, and increasing patient awareness. Major trends in the forecast period include increasing use of robotics, expansion in non-oncology applications, advances in real-time imaging modalities, telemedicine, and remote monitoring, and increasing adoption of personalized and patient-specific ablation treatment plans.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/ablation-devices-global-market-report
Market Drivers and Trends:
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. For instance, in August 2022, according to a report published by the American College of Cardiology, a US-based non-profit medical association, in the United States, it is projected that all four major cardiovascular risk factors will increase from 2025 to 2060. Diabetes is expected to see the largest percentage rise, with a 39.3% increase to 55 million individuals, followed by dyslipidemia (27.6% to 126 million), hypertension (25.1% to 162 million), and obesity (18.3% to 126 million). Additionally, significant increases in cardiovascular disease rates are anticipated for stroke (33.8% to 15 million) and heart failure (33.4% to 13 million), with ischemic heart disease (30.7% to 29 million) and heart attack (16.9% to 16 million) following closely behind. Therefore, the increasing prevalence of chronic diseases is driving the growth of the ablation device market.
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. For instance, in October 2022, Pentax of America Inc., a Japan-based medical device company, introduced the C2 CryoBalloon Ablation System in Canada for treating Barrett's esophagus. The C2 CryoBalloon Ablation System has demonstrated high effectiveness in treating Barrett's esophagus, with patients experiencing less intense and shorter-lasting pain as well as a decreased need for pain medication compared to traditional Radio Frequency Ablation (RFA) treatments.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
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.
Ablation Devices Market 2024 Key Insights:
• 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%.
• Increasing Prevalence Of Chronic Diseases Drives Growth In Ablation Device Market
• Innovative Solutions In Ablation Device Technology For Treating Barrett's Esophagus
• North America was the largest region in the ablation devices market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=17048&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ablation Devices Market Research 2024 - Outlook, Overview And Forecast To 2033 here
News-ID: 3719309 • Views: …
More Releases from The Business Research Company
Key Trends Influencing the Growth of the Enterprise Billing Solutions Market in …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Enterprise Billing Solutions Market Through 2025?
The market size for enterprise billing solutions has seen swift expansion in the past few years. A projected increase from $4.57 billion in 2024 to around $5.29 billion in 2025 is anticipated, with a compound annual…
Surge In Road Accidents Fueling The Growth Of The Market Due To Rising Smartphon …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Emergency Medical Services (EMS) Vehicle Market Size Growth Forecast: What to Expect by 2025?
The recent years have seen robust growth in the size of the emergency medical services (EMS) vehicle market. The market is projected to expand from a worth of $5.61 billion in 2024 to a value…
Electric Energy Insurance: A Leading Driver Behind Rising Adoption Of Renewable …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Electric Energy Insurance Industry Market Size Be by 2025?
The size of the electric power insurance market has seen substantial growth in the recent past. The market which is expected to be worth $3.42 billion in 2024 is estimated to reach a value of $3.70 billion…
Comprehensive Dual Bevel Compound Miter Saws Market Forecast 2025-2034: Growth T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Dual Bevel Compound Miter Saws Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Recently, the dual bevel compound miter saw market has experienced robust growth. This market is predicted to expand from $1.15 billion in 2024 to $1.22 billion in 2025, reflecting a compound annual…
More Releases for Ablation
Thyroid Ablation Devices Market
Alarming rise in prevalence of thyroid cancer, advancements in thyroid ablation system, rise in government & private funds for development of healthcare sectors, and increase in number of thyroid nodule cases are expected to notably contribute toward the growth of the global thyroid ablation devices market during the forecast period.
Rise in prevalence of thyroid cancer and thyroid nodules, demand for minimally invasive procedures, and technological advancements in ablation devices drive…
Atrial Fibrillation (AF) Ablation Market by Procedure (Catheter Ablation, Surgic …
Arterial fibrillation is a disease that creates irregular and rapid heart rate. Atrial fibrillation ablation is performed to treat the disease. The upper chambers of the heart beat irregularly and contract randomly at a very fast rate, out of coordination with the lower ventricles of the heart due to which the time decreases for the heart muscle relaxation. This increases the rate of heart failure and heart strokes and reduces…
Cardiac Ablation Technologies Market
Growing acceptance of catheter ablation as the first line of therapy, along with recent developments introducing robotic catheter navigation systems and 3D electro-anatomical mapping systems creates a highly conducive environment for the growth of the cardiac ablation technologies market. However, an extensive study published by Fact.MR raises concerns regarding technical complexity leading to lack of required operational competency, which leads to fundamental barriers to the adoption of advanced ablation systems.
Request…
Radiofrequency Ablation Devices Market: Emerging Applications of Radiofrequency …
Radiofrequency ablation is a minimally invasive technique that uses heat and electrical energy to destroy cancer cells and other dysfunctional tissues. Recently, it has been used to treat a wide range of medical conditions. Although it is not a primary treatment of cancer, it is used to treat a spot of tumor causing pain and other medical indications. The technique is also used to treat patients suffering from adrenal gland,…
Nerve Ablation Devices Market to Record an Exponential CAGR by 2028(Based on pro …
Nerves are the vital part of the body, responsible for carrying signals from different parts of the body to the brain. The nerves carry electrical signals that act on actions such as pain and other movements of the body. The nerve ablation devices are used to treat patient by minimally invasive procedures, where a microelectrode is inserted inside the patient to heat the nerve tissue. The nerve ablation devices help…
Interventional Oncology Solutions Market Ablation Radiofrequency Ablation, Cryo …
Interventional oncology is a field of medical science, which includes treatment and diagnosis of cancer and other problems related to cancer using minimally invasive procedures. Interventional oncology uses various techniques such as Ultrasound, computed tomography, X-ray, and magnetic resonance imaging (MRI) to treat tumors located in various organs of the body. Interventional oncology procedures are usually used to treat metastatic or primary cancer. These procedures can be used to treat…
