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Ablation Technology Market Size, Share & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021 - 2026
Published Date: June 2021
|
Report Code: QYRE-Auto-5V4914
Home | Market Reports | Health | Medical Devices & Equipment
Ablation Technology Market

Ablation Technology Market Size, Share & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021 - 2026

Code: QYRE-Auto-5V4914
Report
June 2021
98 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

Ablation Technology Market Statistics

The global Ablation Technology market size is projected to reach US$ 6352.7 million by 2026, from US$ 3364.1 million in 2019, at a CAGR of 9.4% during 2021-2026. The introduction of next-generation ablation devices, as well as widespread use of minimally invasive techniques and an increase in the number of ablation procedures, are propelling the growth of the ablation technologies market.

Ablation Technology Market

Ablation refers to minimally invasive procedures which entail the surgical excision of body tissues. Ablation procedures are gaining rapid popularity across the globe on account of the fact that they are used in minimally invasive ablation procedures.

The introduction of next-generation ablation devices, as well as widespread use of minimally invasive techniques and an increase in the number of ablation procedures, are propelling the growth of the ablation technologies market.

Minimally invasive surgeries are becoming more popular around the world as they are safer and have lower mortality and complication rates than open surgeries. This shift in trend in patients preference is expected to drive the ablation technology market. Patients benefit from minimally invasive procedures since they cause less discomfort, scars, and recovery time. Furthermore, these techniques are less expensive than typical surgical procedures.

Ablation Technology Market

Ablation Technology Market Segment Review

Due to the lower cost of radiofrequency ablation procedures compared to other ablation techniques, as well as their high safety, efficacy, and short procedural duration for the treatment of cancer, atrial fibrillation, and pain management, the radiofrequency ablation segment is expected to be the most lucrative during the forecast period.

Based on application, the cardiovascular disease segment is expected to be the most lucrative segment. The market is being driven by the rising incidence of atrial fibrillation around the world, as well as the development of novel ablation technologies for the treatment of atrial fibrillation.

North America was the largest consumer of ablation technology due to the introduction of ablation technology in earlier stages. Increased awareness regarding various treatments using ablation technologies has helped this market to grow. North America was followed by Europe. Asia Pacific region is expected to be the fastest-growing regional market due to the availability of a large pool of patients, increased spending capacity of patients; increasing preference to ablation over surgery, geographical expansion of key market players, and increasing government investment in the healthcare sector are expected to drive the market growth in Asia Pacific region over the forecast period. India and China are expected to be the key consumers of ablation technology. North America and Europe are mature markets for Ablation Technology and are expected to grow at a relatively sluggish rate over the forecast period.

Ablation Technology Market by Type

  • Electrical
  • Ultrasound
  • Radiation
  • Radiofrequency

Ablation Technology Market by Application

  • Cancer
  • Cardiovascular
  • Ophthalmology
  • Orthopaedics
  • Urology

Ablation Technology Market by Regional and Country-level

  • North America
  • United States
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia-Pacific
  • Latin America
  • Mexico
  • Brazil
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

In the competitive analysis section of the report, leading as well as prominent players of the global Ablation Technology market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2016-2021.

Major Players in the Ablation Technology Market

  • Arthocare
  • Accuray
  • Biosense
  • Corporation
  • Webster
  • Smith & Nephew
  • Varian Medical Systems
  • Olympus Corporation
  • Corporation
  • Webster

Scope of the Ablation Technology Market Report

Report Metric

Details

Report Name

Ablation Technology Market

The market size in 2019

USD 3364.1 Million

The revenue forecast in 2026

USD 6352.7 Million

Growth Rate

CAGR of 9.4% from 2021 to 2026

Base year considered

2019

Market size available for years

2021-2026

Forecast units

Value (USD)

Segments covered

Type, End-User, Offerings, and Region

Market by Type

Banks Digital Remittance, Digital Money Transfer Operators

Market by Applications/Enduser

Migrant Labor Workforce, Study Abroad and Travel, Small Businesses, Others

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Frequently Asked Questions About This Report

1. Which is the most influencing segment growing in the ablation technology market report?

Ans. Based on application, the cardiovascular disease segment is expected to be the most lucrative segment.

2. Which region dominated the global ablation technology market share?

Ans. North America dominated the overall ablation technology market share.

3. Which are the Top companies that hold the market share in the ablation technology market?

Ans. Some of the key market players profiled in the report include Arthocare, Accuray, Biosense, Corporation, Webster, Smith & Nephew, Varian Medical Systems, Olympus Corporation, Webster

4. What would be the forecast period in the ablation technology market report?

Ans. The forecast period for the Ablation Technology market is 2020 to 2027

5. How big is the ablation technology market?

Ans. The global Ablation Technology market size is projected to reach USD 6352.7 Million by 2026, from USD 3364.1 Million in 2019, at a CAGR of 9.4% during the forecast period 2021-2026.

TABLE OF CONTENT

 

1 Report Overview

    1.1 Study Scope

    1.2 Market Analysis by Type

        1.2.1 Global Ablation Technology Market Size Growth Rate by Type: 2016 VS 2021 VS 2027

        1.2.2 Electrical

        1.2.3 Ultrasound

        1.2.4 Radiation

        1.2.5 Radiofrequency

    1.3 Market by Application

        1.3.1 Global Ablation Technology Market Share by Application: 2016 VS 2021 VS 2027

        1.3.2 Cancer

        1.3.3 Cardiovascular

        1.3.4 Ophthalmology

        1.3.5 Orthopaedics

        1.3.6 Urology

    1.4 Study Objectives

    1.5 Years Considered

 

2 Global Growth Trends

    2.1 Global Ablation Technology Market Perspective (2016-2027)

    2.2 Ablation Technology Growth Trends by Regions

        2.2.1 Ablation Technology Market Size by Regions: 2016 VS 2021 VS 2027

        2.2.2 Ablation Technology Historic Market Share by Regions (2016-2021)

        2.2.3 Ablation Technology Forecasted Market Size by Regions (2022-2027)

    2.3 Ablation Technology Industry Dynamic

        2.3.1 Ablation Technology Market Trends

        2.3.2 Ablation Technology Market Drivers

        2.3.3 Ablation Technology Market Challenges

        2.3.4 Ablation Technology Market Restraints

 

3 Competition Landscape by Key Players

    3.1 Global Top Ablation Technology Players by Revenue

        3.1.1 Global Top Ablation Technology Players by Revenue (2016-2021)

        3.1.2 Global Ablation Technology Revenue Market Share by Players (2016-2021)

    3.2 Global Ablation Technology Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

    3.3 Players Covered: Ranking by Ablation Technology Revenue

    3.4 Global Ablation Technology Market Concentration Ratio

        3.4.1 Global Ablation Technology Market Concentration Ratio (CR5 and HHI)

        3.4.2 Global Top 10 and Top 5 Companies by Ablation Technology Revenue in 2020

    3.5 Ablation Technology Key Players Head office and Area Served

    3.6 Key Players Ablation Technology Product Solution and Service

    3.7 Date of Enter into Ablation Technology Market

    3.8 Mergers & Acquisitions, Expansion Plans

 

4 Ablation Technology Breakdown Data by Type

    4.1 Global Ablation Technology Historic Market Size by Type (2016-2021)

    4.2 Global Ablation Technology Forecasted Market Size by Type (2022-2027)

 

5 Ablation Technology Breakdown Data by Application

    5.1 Global Ablation Technology Historic Market Size by Application (2016-2021)

    5.2 Global Ablation Technology Forecasted Market Size by Application (2022-2027)

 

6 North America

    6.1 North America Ablation Technology Market Size (2016-2027)

    6.2 North America Ablation Technology Market Size by Type

        6.2.1 North America Ablation Technology Market Size by Type (2016-2021)

        6.2.2 North America Ablation Technology Market Size by Type (2022-2027)

        6.2.3 North America Ablation Technology Market Size by Type (2016-2027)

    6.3 North America Ablation Technology Market Size by Application

        6.3.1 North America Ablation Technology Market Size by Application (2016-2021)

        6.3.2 North America Ablation Technology Market Size by Application (2022-2027)

        6.3.3 North America Ablation Technology Market Size by Application (2016-2027)

    6.4 North America Ablation Technology Market Size by Country

        6.4.1 North America Ablation Technology Market Size by Country (2016-2021)

        6.4.2 North America Ablation Technology Market Size by Country (2022-2027)

        6.4.3 United States

        6.4.3 Canada

 

7 Europe

    7.1 Europe Ablation Technology Market Size (2016-2027)

    7.2 Europe Ablation Technology Market Size by Type

        7.2.1 Europe Ablation Technology Market Size by Type (2016-2021)

        7.2.2 Europe Ablation Technology Market Size by Type (2022-2027)

        7.2.3 Europe Ablation Technology Market Size by Type (2016-2027)

    7.3 Europe Ablation Technology Market Size by Application

        7.3.1 Europe Ablation Technology Market Size by Application (2016-2021)

        7.3.2 Europe Ablation Technology Market Size by Application (2022-2027)

        7.3.3 Europe Ablation Technology Market Size by Application (2016-2027)

    7.4 Europe Ablation Technology Market Size by Country

        7.4.1 Europe Ablation Technology Market Size by Country (2016-2021)

        7.4.2 Europe Ablation Technology Market Size by Country (2022-2027)

        7.4.3 Germany

        7.4.4 France

        7.4.5 U.K.

        7.4.6 Italy

        7.4.7 Russia

        7.4.8 Nordic

 

8 Asia-Pacific

    8.1 Asia-Pacific Ablation Technology Market Size (2016-2027)

    8.2 Asia-Pacific Ablation Technology Market Size by Type

        8.2.1 Asia-Pacific Ablation Technology Market Size by Type (2016-2021)

        8.2.2 Asia-Pacific Ablation Technology Market Size by Type (2022-2027)

        8.2.3 Asia-Pacific Ablation Technology Market Size by Type (2016-2027)

    8.3 Asia-Pacific Ablation Technology Market Size by Application

        8.3.1 Asia-Pacific Ablation Technology Market Size by Application (2016-2021)

        8.3.2 Asia-Pacific Ablation Technology Market Size by Application (2022-2027)

        8.3.3 Asia-Pacific Ablation Technology Market Size by Application (2016-2027)

    8.4 Asia-Pacific Ablation Technology Market Size by Region

        8.4.1 Asia-Pacific Ablation Technology Market Size by Region (2016-2021)

        8.4.2 Asia-Pacific Ablation Technology Market Size by Region (2022-2027)

        8.4.3 China

        8.4.4 Japan

        8.4.5 South Korea

        8.4.6 Southeast Asia

        8.4.7 India

        8.4.8 Australia

 

9 Latin America

    9.1 Latin America Ablation Technology Market Size (2016-2027)

    9.2 Latin America Ablation Technology Market Size by Type

        9.2.1 Latin America Ablation Technology Market Size by Type (2016-2021)

        9.2.2 Latin America Ablation Technology Market Size by Type (2022-2027)

        9.2.3 Latin America Ablation Technology Market Size by Type (2016-2027)

    9.3 Latin America Ablation Technology Market Size by Application

        9.3.1 Latin America Ablation Technology Market Size by Application (2016-2021)

        9.3.2 Latin America Ablation Technology Market Size by Application (2022-2027)

        9.3.3 Latin America Ablation Technology Market Size by Application (2016-2027)

    9.4 Latin America Ablation Technology Market Size by Country

        9.4.1 Latin America Ablation Technology Market Size by Country (2016-2021)

        9.4.2 Latin America Ablation Technology Market Size by Country (2022-2027)

        9.4.3 Mexico

        9.4.4 Brazil

 

10 Middle East & Africa

    10.1 Middle East & Africa Ablation Technology Market Size (2016-2027)

    10.2 Middle East & Africa Ablation Technology Market Size by Type

        10.2.1 Middle East & Africa Ablation Technology Market Size by Type (2016-2021)

        10.2.2 Middle East & Africa Ablation Technology Market Size by Type (2022-2027)

        10.2.3 Middle East & Africa Ablation Technology Market Size by Type (2016-2027)

    10.3 Middle East & Africa Ablation Technology Market Size by Application

        10.3.1 Middle East & Africa Ablation Technology Market Size by Application (2016-2021)

        10.3.2 Middle East & Africa Ablation Technology Market Size by Application (2022-2027)

        10.3.3 Middle East & Africa Ablation Technology Market Size by Application (2016-2027)

    10.4 Middle East & Africa Ablation Technology Market Size by Country

        10.4.1 Middle East & Africa Ablation Technology Market Size by Country (2016-2021)

        10.4.2 Middle East & Africa Ablation Technology Market Size by Country (2022-2027)

        10.4.3 Turkey

        10.4.4 Saudi Arabia

        10.4.5 UAE

 

11 Key Players Profiles

    11.1 Arthocare

        11.1.1 Arthocare Company Details

        11.1.2 Arthocare Business Overview

        11.1.3 Arthocare Ablation Technology Introduction

        11.1.4 Arthocare Revenue in Ablation Technology Business (2016-2021)

        11.1.5 Arthocare Recent Development

    11.2 Accuray

        11.2.1 Accuray Company Details

        11.2.2 Accuray Business Overview

        11.2.3 Accuray Ablation Technology Introduction

        11.2.4 Accuray Revenue in Ablation Technology Business (2016-2021)

        11.2.5 Accuray Recent Development

    11.3 Biosense

        11.3.1 Biosense Company Details

        11.3.2 Biosense Business Overview

        11.3.3 Biosense Ablation Technology Introduction

        11.3.4 Biosense Revenue in Ablation Technology Business (2016-2021)

        11.3.5 Biosense Recent Development

    11.4 Corporation

        11.4.1 Corporation Company Details

        11.4.2 Corporation Business Overview

        11.4.3 Corporation Ablation Technology Introduction

        11.4.4 Corporation Revenue in Ablation Technology Business (2016-2021)

        11.4.5 Corporation Recent Development

    11.5 Webster

        11.5.1 Webster Company Details

        11.5.2 Webster Business Overview

        11.5.3 Webster Ablation Technology Introduction

        11.5.4 Webster Revenue in Ablation Technology Business (2016-2021)

        11.5.5 Webster Recent Development

    11.6 Smith & Nephew

        11.6.1 Smith & Nephew Company Details

        11.6.2 Smith & Nephew Business Overview

        11.6.3 Smith & Nephew Ablation Technology Introduction

        11.6.4 Smith & Nephew Revenue in Ablation Technology Business (2016-2021)

        11.6.5 Smith & Nephew Recent Development

    11.7 Varian Medical Systems

        11.7.1 Varian Medical Systems Company Details

        11.7.2 Varian Medical Systems Business Overview

        11.7.3 Varian Medical Systems Ablation Technology Introduction

        11.7.4 Varian Medical Systems Revenue in Ablation Technology Business (2016-2021)

        11.7.5 Varian Medical Systems Recent Development

    11.8 Olympus Corporation

        11.8.1 Olympus Corporation Company Details

        11.8.2 Olympus Corporation Business Overview

        11.8.3 Olympus Corporation Ablation Technology Introduction

        11.8.4 Olympus Corporation Revenue in Ablation Technology Business (2016-2021)

        11.8.5 Olympus Corporation Recent Development

 

12 Analyst's Viewpoints/Conclusions

 

13 Appendix

    13.1 Research Methodology

        13.1.1 Methodology/Research Approach

        13.1.2 Data Source

    13.2 Disclaimer

    13.3 Author Details

List of Tables & Figures

 

 

 

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