Growing acceptance of minimally invasive techniques coupled with surging number of cancer and cardiovascular disorders will positively impact the growth of ablation devices market over the forecast period. As per the National Cancer Institute, the national expenditure for cancer care in the U.S. in 2017 were USD 147.3 billion and in the forthcoming years costs are likely to increase as the population ages and cancer prevalence increases.
Ablation Devices Market Research Report is a professional and in-depth study on the current state of the global industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Ablation Devices Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions development status.
Increasing R&D activities pertaining to development of ablation devices along with favorable initiatives by the federal government should positively impact industry expansion. However, stringent regulatory approvals for ablation devices, complications related to ablation procedures, reuse of ablation devices in developing economies and high cost associated with ablation procedures will hamper the ablation devices industry growth over the coming years.
Oncology ablation devices market accounted for over 30% market share in 2018 and is estimated to witness considerable growth during the forecast period. Oncology ablation devices are designed to treat cancerous tumors by burning or freezing it. Oncology ablation provides better potential benefits than other medical treatments of cancer and lower post procedure stay in hospital in comparison to open surgery. Aforementioned factors along with wide adoption of ablation devices will propel business growth over the forecast period.
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Germany ablation devices market dominated European region in 2018 and is anticipated to grow at 9.7% over the forecast period. High technological adoption, increasing number of baby boomers and rising incidence of cancer and cardiovascular disorders in the country will stimulate Germany ablation devices market growth.
Few notable industry players operating in global ablation devices market are
Medtronic Plc, Boston Scientific, Abbott Laboratories, Alcon Laboratories, Angiodynamics, Atricure, Biosense Webster, CONMED, Elekta AB, Varian, Johnson and Johnson. Aforementioned companies account majority market share due to better brand recognition and strong financial position.
Table of Contents
Chapter 1. Methodology and Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope, definition & forecast parameters
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Ablation Devices industry360 degree synopsis, 2013 – 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Concentration trends
2.1.4. Fruit family trends
2.1.5. Application trends
2.1.6. Sector trends
2.1.7. Regional trends
Chapter 3. Ablation Devices Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2025
3.3. Industry ecosystem analysis
3.3.1. Upstream & downstream industry analysis
3.3.2. Profit margin trends
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
184.108.40.206. Product portfolio
220.127.116.11. Global presence
3.4. Raw material analysis
3.5. Technology landscape
3.6. Global Ablation Devices overview, 2013-2025
3.7. Industry best practices & key buying criteria
3.8. Regulatory landscape
3.8.1. North America
3.8.3. Asia Pacific
3.8.4. Latin America
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Based on geographies market is segmented into 4 geographies North America, Europe, Asia-Pacific and Rest of the World. North America is the largest market due to the large amount of research targeted to the oncological studies, followed by European region.
Based on geography, the market is segmented into five geographical regions:
- North America
- South America
- Middle East and Africa(MEA)
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The Global Ablation Devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of needles market for global, Europe, North America, Asia Pacific, and South America.
Some of the major players operating in this market are
- Varian Medical Systems
- Biosense Webster
- Alcon Laboratories
- Bard Electrophysiology
- Bausch and Lomb, Boston Scientific
- BSD Medical
- Ethicon Endosurgery
- Olympus Corporation
- Jude Medical
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