Home / Medical Devices / Ablation Devices Market By Devices (Generators, Catheters And Probes, Disposables And Accessories), By Energy (Electrical, Radiofrequency, Cryoablation, Radiation, Laser, Ultrasound, Microwave, Hydrothermal), By Applications (Tumor Management, General Surgery, Cardiology (Cardiac Rhythm Management And Hypertension Treatment), Pain Management, Aesthetics, Gynecology) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Ablation Devices Market By Devices (Generators, Catheters And Probes, Disposables And Accessories), By Energy (Electrical, Radiofrequency, Cryoablation, Radiation, Laser, Ultrasound, Microwave, Hydrothermal), By Applications (Tumor Management, General Surgery, Cardiology (Cardiac Rhythm Management And Hypertension Treatment), Pain Management, Aesthetics, Gynecology) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Published: Jul 2016 | Report Code: 58023-07-16

Ablation devices are at present used in varied healthcare areas such as orthopedic, dermatology, cardiology, gynecology, neurology and several others. Global growth in preference for minimally invasive procedures is helping drive the demand for ablation devices. Major factors supporting the rise in ablation treatments include groping preference from senescent patients andhigh prevalence of chronic diseases. Rising awareness in patient population about availability and benefits from ablation treatments and overcoming the cost constraints of conventional treatments are further anticipated to support the growth of this market.

For the purpose of this study, the global ablation devices market is studied for segments based on device types, energy type, applications and geography. Generators, catheters and probes, and disposables and accessories are the three major device categories of this market. Ablation devices are available based on energy sources such as electrical, radiofrequency, cryoablation, radiation, laser, ultrasound, microwave and hydrothermal. The major application areas of ablation treatments are tumor management, general surgery, cardiology (cardiac rhythm management and hypertension treatment), pain management, aesthetics, gynecology and others. Market size and forecast (USD Mn) for the period 2013-2023 are provided in the report along with the respective CAGRs (Value %) for the forecast period 2016-2023.

Based on geographic distribution, the major regions and country level markets are categorized as follows:

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • Rest of Asia-Pacific
  • Middle East and Africa
  • Latin America

Market size and forecast for each segmentation level are incorporated in this study for the period 2013-2022, along with respective Compounded Annual Growth Rates (CAGRs) for the forecast period 2016-2023, considering 2015 as the base year.

Along with market assessment in terms of historical, current and future market sizes, qualitative information sets such as market dynamics (drivers, challenges and opportunities), attractive investment proposition, Porter’s five forces assessment and executive summary for the global ablation devices market are included in the report. Competition assessment for major market players and attractive investment proposition tool for the geographic markets are also included in the report for overall market competition scrutiny. This study concludes with company profiles section, which includes major information about the key companies engaged in development, manufacture and sale of ablation devices.

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 Ablation Devices Market, by Devices, 2015 & 2023 (Value %)
2.2 Ablation Devices Market, by Energy Type, 2015 (USD Mn)
2.3 Ablation Devices Market, by Applications, 2015 (USD Mn)
2.4 Ablation Devices Market Share, by Geography, 2015 (Value %)

Chapter 3 Ablation Devices Market: Market Dynamics and Outlook
3.1 Introduction, Facts and Figures
3.2 Drivers
3.3 Challenges
3.4 Opportunities
3.5 Market Inclination Insights Assessment
3.6 Attractive Investment Proposition
3.7 Porter’s Five Forces Analysis: Ablation Devices Market
3.8 Competitive Analysis: Ablation Devices Market, by Key Market Players

Chapter 4 Global Ablation Devices Market Analysis, by Devices, 2013-2023 (USD Mn)
4.1 Preface
4.2 Generators
4.3 Catheters and Probes
4.4 Disposables and Accessories

Chapter 5 Global Ablation Devices Market Analysis, by Energy Type, 2013-2023 (USD Mn)
5.1 Preface
5.2 Electrical
5.3 Radiofrequency
5.4 Cryoablation
5.5 Radiation
5.6 Laser
5.7 Ultrasound
5.8 Microwave
5.9 Hydrothermal

Chapter 6 Global Ablation Devices Market Analysis, by Applications, 2013-2023 (USD Mn)
6.1 Preface
6.2 Tumor Management
6.3 General Surgery
6.4 Cardiology (Cardiac Rhythm Management and Hypertension Treatment)
6.5 Pain Management
6.6 Aesthetics
6.7 Gynecology
6.8 Others

Chapter 7 Global Ablation Devices Market, by Geography, 2013-2023 (USD Mn)
7.1 Preface
7.2 North America
7.2.1 United States
7.2.2 Canada
7.3 Europe
7.3.1 United Kingdom
7.3.2 Germany
7.3.3 Rest of Europe
7.4 Asia-Pacific
7.4.1 Japan
7.4.2 China
7.4.3 Rest of Asia Pacific
7.5 Middle East and Africa (MEA)
7.6 Latin America

Chapter 8 Company Profiles
8.1 Medtronic, Inc.
8.1.1 Business Description
8.1.2 Financial Health and Budget Allocation
8.1.3 Product Positions/Portfolio
8.1.4 News Coverage
8.2 Boston Scientific Corporation
8.2.1 Business Description
8.2.2 Financial Health and Budget Allocation
8.2.3 Product Positions/Portfolio
8.2.4 News Coverage
8.3 St. Jude Medical
8.3.1 Business Description
8.3.2 Financial Health and Budget Allocation
8.3.3 Product Positions/Portfolio
8.3.4 News Coverage
8.4 Arthrex, Inc.
8.4.1 Business Description
8.4.2 Financial Health and Budget Allocation
8.4.3 Product Positions/Portfolio
8.4.4 News Coverage
8.5 AngioDynamics, Inc.
8.5.1 Business Description
8.5.2 Financial Health and Budget Allocation
8.5.3 Product Positions/Portfolio
8.5.4 News Coverage
8.6 Olympus Corporation
8.6.1 Business Description
8.6.2 Financial Health and Budget Allocation
8.6.3 Product Positions/Portfolio
8.6.4 News Coverage
8.7 C.R. Bard Inc.
8.7.1 Business Description
8.7.2 Financial Health and Budget Allocation
8.7.3 Product Positions/Portfolio
8.7.4 News Coverage
8.8 Smith & Nephew
8.8.1 Business Description
8.8.2 Financial Health and Budget Allocation
8.8.3 Product Positions/Portfolio
8.8.4 News Coverage
8.9 Accuray, Inc.
8.9.1 Business Description
8.9.2 Financial Health and Budget Allocation
8.9.3 Product Positions/Portfolio
8.9.4 News Coverage
8.10 ConMed Corporation
8.10.1 Business Description
8.10.2 Financial Health and Budget Allocation
8.10.3 Product Positions/Portfolio
8.10.4 News Coverage
8.11 Galil Medical, Inc.
8.11.1 Business Description
8.11.2 Financial Health and Budget Allocation
8.11.3 Product Positions/Portfolio
8.11.4 News Coverage
8.12 AtriCure, Inc.
8.12.1 Business Description
8.12.2 Financial Health and Budget Allocation
8.12.3 Product Positions/Portfolio
8.12.4 News Coverage
8.13 Other Notable Payers

List Of Table :

TABLE 1 Global Ablation Devices Market, by Devices, 2013-2023 (USD Mn)
TABLE 2 Global Ablation Devices Market, by Energy Type, 2013-2023 (USD Mn)
TABLE 3 Global Ablation Devices Market, by Applications, 2013-2023 (USD Mn)
TABLE 4 Global Ablation Devices Market, by Geography, 2013–2023 (USD Mn)
TABLE 5 North America Ablation Devices Market, by Country, 2013–2023 (USD Mn)
TABLE 6 Europe Ablation Devices Market, by Country, 2013–2023 (USD Mn)
TABLE 7 Asia-Pacific Ablation Devices Market, by Country, 2013–2023 (USD Mn)

List Of Figure :

FIG. 1 Ablation Devices: Market Segmentation
FIG. 2 Ablation Devices Market, by Devices, 2015 & 2023 (Value %)
FIG. 3 Ablation Devices Market, by Energy Type, 2015 (USD Mn)
FIG. 4 Ablation Devices Equipment Market, by Applications, 2015 (USD Mn)
FIG. 5 Ablation Devices Market Share, by Geography, 2015 (Value %)
FIG. 6 Attractive Investment Proposition, Ablation Devices Market, 2015
FIG. 7 Porter’s Five Forces Analysis: Ablation Devices Market
FIG. 8 Competitive Analysis: Ablation Devices Market, by Key Market Players
FIG. 9 Global Ablation Generators Market, 2013-2023 (USD Mn)
FIG. 10 Ablation Catheters and Probes Market, 2013-2023 (USD Mn)
FIG. 11 Ablation Disposables and Accessories Market, 2013-2023 (USD Mn)
FIG. 12 Electrical Ablation Devices Market, 2013-2023 (USD Mn)
FIG. 13 Radiofrequency Ablation Devices Market, 2013-2023 (USD Mn)
FIG. 14 Cryoablation Devices Market, 2013-2023 (USD Mn)
FIG. 15 Radiation-based Ablation Devices Market, 2013-2023 (USD Mn)
FIG. 16 Laser-based Radiofrequency Ablation Devices Market, 2013-2023 (USD Mn)
FIG. 17 Ultrasound-based Ablation Devices Market, 2013-2023 (USD Mn)
FIG. 18 Radiofrequency Ablation Devices Market, 2013-2023 (USD Mn)
FIG. 19 Hydrothermal Ablation Devices Market, 2013-2023 (USD Mn)
FIG. 20 Ablation Devices Market for Tumor Management, 2013-2023 (USD Mn)
FIG. 21 Ablation Devices Market for General Surgery, 2013-2023 (USD Mn)
FIG. 22 Ablation Devices Market for Cardiology, 2013-2023 (USD Mn)
FIG. 23 Ablation Devices Market for Pain Management, 2013-2023 (USD Mn)
FIG. 24 Ablation Devices Market for Aesthetics, 2013-2023 (USD Mn)
FIG. 25 Ablation Devices Market for Gynecology, 2013-2023 (USD Mn)
FIG. 26 Ablation Devices Market for Other Applications, 2013-2023 (USD Mn)
FIG. 27 United States Ablation Devices Market, 2013–2023 (USD Mn)
FIG. 28 Canada Ablation Devices Market, 2013–2023 (USD Mn)
FIG. 29 United Kingdom Ablation Devices Market, 2013–2023 (USD Mn)
FIG. 30 Germany Ablation Devices Market, 2013–2023 (USD Mn)
FIG. 31 Rest of Europe Ablation Devices Market, 2013–2023 (USD Mn)
FIG. 32 Japan Ablation Devices Market, 2013–2023 (USD Mn)
FIG. 33 China Ablation Devices Market, 2013–2023 (USD Mn)
FIG. 34 Rest of Asia Pacific Ablation Devices Market, 2013–2023 (USD Mn)
FIG. 35 Middle East and Africa Ablation Devices Market, 2013–2023 (USD Mn)
FIG. 36 Latin America Ablation Devices Market, 2013–2023 (USD Mn)

This report covers all the major application areas of ablation devices such as tumor management, general surgery, cardiology (cardiac rhythm management and hypertension treatment), pain management, aesthetics, gynecology and others.

 Ablation Devices Market

Cardiology is the largest application segment of ablation devices in 2015. This application is anticipated to further progress at the fastest CAGR during the forecast period and thus dominate the overall ablation applications. Multitude of products available coupled with rising demand due to high prevalence of cardiac conditions treatable by ablation therapy are the key factors driving this segment. Conditions such as atrial fibrillation are witnessing significant rise in incidence, and cardiac catheter ablation is observed to deliver excellent treatment outcomes. Cardiac rhythm management is a key application area of radiofrequency ablation. Minimal procedural invasion, rapid recuperation and quick procedural turnaround are key features that support the growing demand for RF ablation devices in cardiac rhythm management.

Based on device types, the global ablation devices market is categorized into

  • Generators
  • Catheters and Probes
  • Disposables and Accessories

Ablation Devices Market

Ablation devices is an attractive avenue for new market entrants due to lucrative growth potential and better returns on investments. Several medical device manufacturers are beginning to venture in to this market and the existing players are on a hoard to expand their geographic reach and rapid product development and commercialization. Strengthening of R&D efforts, outsourcing and localization of manufacturing, widening of distribution networks in high growth emerging markets are the key trends observed in this market.  Overall, the global ablation devices is highly competitive with presence of multiple players specializing in respective fields. Consolidation activities are being increasingly witnessed on the competitive front with a view to expand product portfolio and strengthen product pipeline. Ablation generator devices is the largest segment in the device categories due to their higher price and growing installation base. On the other hand, disposables and accessories segment is the fastest growing segment owing to rapid replacement rates of such equipment.

Based on energy delivery type, the global ablation devices market is segmented into:

  • Electrical
  • Radiofrequency
  • Cryoablation
  • Radiation
  • Laser
  • Ultrasound
  • Microwave
  • Hydrothermal

Ablation Devices Market

Radiofrequency ablation is the most significant segment among all the energy type categories and have been widely used in ablation treatments. Several ablation devise use radiofrequency for generating heat. RF ablation catheters are widely used in cardiology where the devices have exposed metal probe that delivers therapeutic dose. RF catheters are used for nerve and tissue ablation in applications such as arrhythmia, tumor ablation and pain reduction. Some RF devices are directly inserted in the target area through minimally invasive procedures. RF ablation is also used for cutting and dissecting tissue during conventional open procedures. The dominance of RF ablation is currently facing challenges due to the emergence of new ablation technologies such as microwave, cryoablation and ultrasound.

Geographically, the ablation devices market is cumulative to North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.

Ablation Devices Market

Further elucidation of this segmentation is as follows:

  • North America (U.S. & Canada)
  • Europe (U.K., Germany & Rest of Europe)
  • Asia-Pacific (Japan, China & Rest of Asia-Pacific)
  • Latin America
  • Middle East and Africa

North America is the largest market for ablation devices on the global front. Huge demand from geriatric population with chronic diseases for non-invasive or minimally invasive procedures and rapid regulatory approvals in the U.S. market are the key drivers contributing to the dominance of this region. Other drivers of North America ablation devices market include evolved reimbursement scenario, higher healthcare expenditure and greater awareness. On the other hand, Asia Pacific is the fastest progressing regional market for ablation devices. Rapid evolution of healthcare infrastructure, flourishing medical tourism, and improving healthcare infrastructure are the key drivers of Asia Pacific ablation devices market.

Choose License Type
Connect With Us
+1-800-361-8290
24/7 Research Support

Credence Webinars

Join Credence analysts to explore the latest IT Trends

view upcoming webinars

Our Clients