Market Overview:
The global ablation devices market size reached US$
4.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$
9.1 Billion by 2027, exhibiting a growth rate (CAGR) of
11.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Ablation devices are minimally invasive (MI) medical instruments used for the removal, or excision, or abnormal body tissues for therapeutic purposes. Some of the commonly used ablation devices include temperature-controlled, fluid-cooled, robotic catheter manipulation and laser ablators, tissue contact and spray probes and balloon ablation devices. They operate using radiofrequency (RF), laser, ultrasound, cryoablation, microwave and hydrothermal technologies. They are used as an alternative to surgical treatment for various chronic diseases and the removal of cancerous tumors and kidney stones. Ablation devices are also utilized for the management of chronic lower back, neck and arthritis pain. As a result, they find extensive applications in the treatment of ophthalmological, oncological, gynecological, urological and cardiovascular disorders.
Ablation Devices Market Trends:
The increasing prevalence of life-threatening diseases, such as cancer, atrial fibrillation and chronic venous insufficiency (CVI), is one of the key factors driving the growth of the market. Moreover, rising awareness among the masses regarding the availability of effective ablation procedures is providing a thrust to the market growth. Minimally invasive ablation procedures cause lesser pain, scarring, discomfort and promote faster recovery in the patients. In line with this, the widespread adoption of electrophysiology to remove abnormal tissues that cause irregular heart rhythms or cardiac arrhythmia is also contributing to the growth of the market. Additionally, various product innovations, such as the development of next-generation ablation devices with robotic navigation systems, are acting as other growth-inducing factors. Product manufacturers are developing non-thermal, non-tumescent and non-sclerosant endovenous ablation devices for the effective treatment of superficial vein reflux. Other factors, including rising healthcare expenditure capacities of the consumers, along with significant improvements in the medical industry, especially in the developing economies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ablation devices market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on device technology, application and end user.
Breakup by Device Technology:
- Radiofrequency Devices
- Laser/Light Ablation
- Ultrasound Devices
- Cryoablation Devices
- Others
Breakup by Application:
- Cancer Treatment
- Cardiovascular Disease Treatment
- Ophthalmologic Treatment
- Gynecological Treatment
- Urological Treatment
- Cosmetic Surgery
- Others
Breakup by End User:
- Hospitals
- Ambulatory Surgical Centers
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, AngioDynamics Inc., AtriCure Inc., Boston Scientific Corporation, CONMED Corporation, Elekta AB (publ), Johnson & Johnson, Medtronic plc, Olympus Corporation and Smith & Nephew plc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Device Technology, Application, End User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Abbott Laboratories, AngioDynamics Inc., AtriCure Inc., Boston Scientific Corporation, CONMED Corporation, Elekta AB (publ), Johnson & Johnson, Medtronic plc, Olympus Corporation and Smith & Nephew plc |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global ablation devices market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global ablation devices market?
- What are the key regional markets?
- What is the breakup of the market based on the device technology?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global ablation devices market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Ablation Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Device Technology
6.1 Radiofrequency Devices
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Laser/Light Ablation
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Ultrasound Devices
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Cryoablation Devices
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Cancer Treatment
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cardiovascular Disease Treatment
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Ophthalmologic Treatment
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Gynecological Treatment
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Urological Treatment
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Cosmetic Surgery
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Market Breakup by End User
8.1 Hospitals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ambulatory Surgical Centers
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Abbott Laboratories
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 AngioDynamics Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 AtriCure Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Boston Scientific Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 CONMED Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Elekta AB (publ)
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Johnson & Johnson
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Medtronic plc
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Olympus Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Smith & Nephew plc
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Ablation Devices Market: Major Drivers and Challenges
Figure 2: Global: Ablation Devices Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Ablation Devices Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Ablation Devices Market: Breakup by Device Technology (in %), 2021
Figure 5: Global: Ablation Devices Market: Breakup by Application (in %), 2021
Figure 6: Global: Ablation Devices Market: Breakup by End User (in %), 2021
Figure 7: Global: Ablation Devices Market: Breakup by Region (in %), 2021
Figure 8: Global: Ablation Devices (Radiofrequency Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Ablation Devices (Radiofrequency Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Ablation Devices (Laser/Light Ablation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Ablation Devices (Laser/Light Ablation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Ablation Devices (Ultrasound Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Ablation Devices (Ultrasound Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Ablation Devices (Cryoablation Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Ablation Devices (Cryoablation Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Ablation Devices (Other Device Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Ablation Devices (Other Device Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Ablation Devices (Cancer Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Ablation Devices (Cancer Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Ablation Devices (Cardiovascular Disease Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Ablation Devices (Cardiovascular Disease Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Ablation Devices (Ophthalmologic Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Ablation Devices (Ophthalmologic Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Ablation Devices (Gynecological Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Ablation Devices (Gynecological Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Ablation Devices (Urological Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Ablation Devices (Urological Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Ablation Devices (Cosmetic Surgery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Ablation Devices (Cosmetic Surgery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Ablation Devices (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Ablation Devices (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Ablation Devices (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Ablation Devices (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Ablation Devices (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Ablation Devices (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Ablation Devices (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Ablation Devices (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Ablation Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Ablation Devices Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Ablation Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Ablation Devices Industry: SWOT Analysis
Figure 88: Global: Ablation Devices Industry: Value Chain Analysis
Figure 89: Global: Ablation Devices Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Ablation Devices Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Ablation Devices Market Forecast: Breakup by Device Technology (in Million US$), 2022-2027
Table 3: Global: Ablation Devices Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Ablation Devices Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Ablation Devices Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Ablation Devices Market: Competitive Structure
Table 7: Global: Ablation Devices Market: Key Players