The ablation devices market share is expected to increase substantially in the forthcoming years, owing to the rising prevalence of cancer cases and cardiovascular ailments across the globe. Proliferating demand for minimally invasive treatments in myriad medical conditions including cardiology issues, cancer and pain management among others is also likely to fuel industry trends.
There are currently several types of technologically advanced ablation devices available for use across various medical sectors such as oncology, cardiology, gynecology, pain management and cosmetology among others, designed to provide efficient and productive surgical outcomes.
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Through segmentation by technology, the ablation devices market consists of electrical, light, ultrasound, radiation, radiofrequency, thermal, cryotherapy, hydro mechanical and microwave segments. Of these, the radiofrequency ablation devices segment accounted for nearly 22.3% of the market share in 2018.
The reusable ablation devices product segment is expected to register gains of over 10.3% over the predicted timeframe. These cost-effective devices are widely used to diminish end-user medical waste, thereby fostering ablation devices business landscape.
Oncology ablation devices industry is set to witness heavy growth owing to the wide implementation of the devices in cancerous tumor treatment. Oncology application segment attributed to more than 30% market share in 2018 and is estimated to grow further in the coming years. Oncology ablation devices use techniques like burning or freezing towards the treatment of cancerous tumors. This therapy offers better potential benefits when compared to other clinical cancer treatments.
The North America ablation devices market is projected to witness heavy gains over the forthcoming years. The U.S. would lead the market expansion in the region. in fact, it dominated the market share in 2018 and is estimated to grow at a healthy CAGR of 10.5% through the forecast timeframe.
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Partial Chapter of the Table of Content
Chapter 6. Ablation Devices Market, By Product
6.1. Global market share, by product, 2018 & 2025
6.2.1. Market size, by region, 2014 – 2025 (USD Million and Units)
6.3.1. Market size, by region, 2014 – 2025 (USD Million and Units)
6.4.1. Market size, by region, 2014 – 2025 (USD Million and Units)
Chapter 7. Ablation Devices Market, By End-use
7.1. Global market share by end-use, 2018 & 2025
7.2.1. Market size, by region, 2014 – 2025 (USD Million and Units)
7.3. Ambulatory surgical centers
7.3.1. Market size, by region, 2014 – 2025 (USD Million and Units)
7.4.1. Market size, by region, 2014 – 2025 (USD Million and Units)
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