LONDON, Nov. 12, 2014 /PRNewswire/ -- An ablation procedure is a minimally invasive process to remove unwanted tissue from the body by using various energy devices such as radiofrequency, microwave, ultrasound, electrical current, laser and others. The ablation devices are consisting of catheters, generators and other monitoring equipments. Ablation technologies are majorly employed for surgical procedures in cardiological disorders such as atrial fibrillation, arrhythmia, refractory hypertension and others; along with this, removal of cancerous and non cancerous tumors is also important application of ablation devices. As ablation surgeries are minimally invasive nature, it reduces post surgical complications and gives more accurate and successful results, therefore market for ablation technologies have high growth potential in coming future.
Global ablation technologies market is analyzed on the basis of technologies and applications. The technology component is further segmented into six major categories namely radiofrequency (RF), cryotherapy, ultrasound or High Intensity Focused Ultrasound (HIFU), light or laser, electrical, microwave and others. Whereas, the market by application is subcategorized into cardiology (includes renal denervation), gynecological (includes endometrial ablation), oncology, pain management, urology, ophthalmology (includes LASIK) and others. A detailed analysis and forecast for these segments of ablation technology market has been provided in this study, in terms of market revenue (USD million) for the period 2012 to 2020. The report also provides the compounded annual growth rate (CAGR %) for each technology and application for the forecast period 2014 to 2020, while market size estimations have been made considering 2012 and 2013 as the base years.
In terms of the geographical distribution the global ablation technologies market has been segmented into four geographical areas namely North America, Europe, Asia-Pacific and Rest of the World. The current and future market sizes (in terms of USD million) of the above regional markets have been provided in the report for the period 2012 to 2020 with their respective growth rate (%) for the period 2014 to 2020. The study further offers recommendations and highlights of the market, which would be useful for the current and future market players to sustain and flourish in the global ablation technologies market. A PESTLE analysis has also been considered while estimating the market for individual geographies in order to provide current as well as future status. Parallel to this, the report on global ablation technologies market gives regulatory scenario of the major markets in the world. The report includes announcements and guidelines by important bodies such as FDA and CE mark, along with products approved by these regulatory bodies are also mentioned in the report. The event impact analysis in the ablation technology market report explains the cascading effect of major industry ion overall market.
The market overview section of the report demonstrates the market dynamics and market trends such as the drivers, restraints and opportunities that influence the current and future trends of this industry. Impact factors such as market attractiveness analysis and Porter's five forces analysis have also been explained in the market overview section of the report in order to give a thorough analysis of the overall competitive scenario in the global ablation technologies market.
The competitive landscape section of the report includes market share analysis of the major players in ablation technology devices. This report concludes the company profiles section which covers key information such as financial overview, product portfolio, business strategies and recent key developments about the major players in the market of ablation technology. Some of the key players profiled in this report include Angiodynamics, Inc., Biosense Webster Inc., Boston Scientific Corporation, AtriCure, Inc., Medtronic, BSD Medical Corporation, St. Jude Medical Inc. and others.
The global ablation technologies market is segmented as follows:
Ablation Technologies Market, by Technology
Ultrasound or High Intensity Focused Ultrasound (HIFU)
Light or Laser
Ablation Technologies Market, by Application
Ablation Technologies Market, by Geography
Rest of the World (RoW)
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