NEW YORK, Dec. 23, 2019 /PRNewswire/ -- Cardiac Ablation market worldwide is projected to grow by US$783 Million, driven by a compounded growth of 11.6%.
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Radiofrequency (RF) Ablation, one of the segments analyzed and sized in this study, displays the potential to grow at over 12.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$750.4 Million by the year 2025, Radiofrequency (RF) Ablation will bring in healthy gains adding significant momentum to global growth.
- Representing the developed world, the United States will maintain a 11.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$52.1 Million to the region's size and clout in the next 5 to 6 years. Over US$74.7 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Radiofrequency (RF) Ablation will reach a market size of US$47.5 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 16.1% over the next couple of years and add approximately US$62.6 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include among others, Abbott Laboratories; Alcon Laboratories, Inc.; AngioDynamics, Inc.; AtriCure, Inc.; Biosense Webster, Inc.; Boston Scientific Corporation; ConMed Corporation; Medtronic PLC; Olympus Corporation
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CARDIAC ABLATION MCP10
MARKET ANALYSIS, TRENDS, AND FORECASTS, NOVEMBER 2
CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
An Introduction to Cardiac Ablation
Types of Cardiac Ablation Technologies
Radiofrequency (RF) Ablation
Electrical Energy-Based Ablation
Cryoablation
Ultrasound Energy-Based Ablation
Microwave Energy-based Ablation
Cardiac Ablation Market: Growth Prospects and Outlook
Emerging Markets Forecast to Post High Growth
Competition
Cardiac Ablation Competitor Market Share Scenario Worldwide (in %): 2019
2. FOCUS ON SELECT PLAYERS
Abbott Laboratories (USA)
AtriCure, Inc. (USA)
Biosense Webster Inc. (USA)
Boston Scientific Corporation (USA)
CardioFocus, Inc. (USA)
Kardium, Inc. (Canada)
Medtronic Plc (Ireland)
Shanghai MicroPort EP MedTech Co., Ltd. (China)
3. MARKET TRENDS & DRIVERS
Rising Prevalence of Cardiovascular Diseases and Related Mortality Rates Fuel Cardiac Surgical Volumes Fuel Growth in the Cardiac Ablation Market
Leading Causes of Mortality Worldwide: Number of Deaths in Millions & % Share of Deaths by Cause for 2017
Leading Causes of Mortality for Low-Income and High-Income Countries
Global Cardiology and Cardiac Surgery Market: Revenues in US$ Billion for the Years 2017, 2019, 2021 and 2023
Aging Global Population at High Risk of Cardiac Illnesses Present Favorable Outlook for Cardiac Ablation Market
Expanding Elderly Population Worldwide: Breakdown of Number of People Aged 65+ Years in Million by Geographic Region for the Years 2019 and 2030
As Cardiovascular Disease Prevalence Increases at a Strong Rate in Developing Economies, Tremendous Potential Exists for Cardiac Ablation Market
Growing Significance of Cardiac Ablation for Cardiac Rhythm Management
Rising Incidence of Atrial Fibrillation: An Opportunity for Cardiac Ablation Market
Incidence of Atrial Fibrillation Per Million Population in United States (in %): 2000-2020
Ranking of Factors for Incidence of Atrial Fibrillation
Innovative Technologies Assist in Enhancing AF Ablation Process
Ablation Found to be Effective for AF Compared to Medications
Ablation Technology for Supra-venticular Tachycardia
Shift towards Minimally Invasive Surgeries Fuels Demand for Cardiac Ablation Procedures
Minimally Invasive Catheter Ablation Continues to Gain Prominence in Cardiac Procedures
RF Ablation Emerges as a Preferred Treatment Option for Cardiac Arrhythmias
Cryoablation for Treatment of AF: Minimally Invasive Procedure Favors Adoption
MRI-Guided Cardiac Ablation Market
Hybrid Ablation Procedure for Treatment of Atrial Fibrillation: Addressing the Limitations of Traditional Treatments
Technological Advancements Broaden Adoption of Cardiac Ablation Technology
Advanced 3D Electrophysiology Mapping and Imaging Systems
Cryoballoon Ablation Catheters
Laser Balloon Ablation Catheters
Contact-Force Technology
4. GLOBAL MARKET PERSPECTIVE
Table 1: Cardiac Ablation Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 2: Cardiac Ablation Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2009-2017
Table 3: Cardiac Ablation Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: Radiofrequency (RF) Ablation (Technology) World Market by Region/Country in US$ Thousand: 2018 to 2025
Table 5: Radiofrequency (RF) Ablation (Technology) Historic Market Analysis by Region/Country in US$ Thousand: 2009 to 2017
Table 6: Radiofrequency (RF) Ablation (Technology) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025
Table 7: Electrical Ablation (Technology) Potential Growth Markets Worldwide in US$ Thousand: 2018 to 2025
Table 8: Electrical Ablation (Technology) Historic Market Perspective by Region/Country in US$ Thousand: 2009 to 2017
Table 9: Electrical Ablation (Technology) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025
Table 10: Cryoablation (Technology) Geographic Market Spread Worldwide in US$ Thousand: 2018 to 2025
Table 11: Cryoablation (Technology) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2009 to 2017
Table 12: Cryoablation (Technology) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 13: Ultrasound Ablation (Technology) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2
to 2025
Table 14: Ultrasound Ablation (Technology) Market Historic Review by Region/Country in US$ Thousand: 2009 to 2017
Table 15: Ultrasound Ablation (Technology) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025
Table 16: Microwave Ablation (Technology) World Market by Region/Country in US$ Thousand: 2018 to 2025
Table 17: Microwave Ablation (Technology) Historic Market Analysis by Region/Country in US$ Thousand: 2009 to 2017
Table 18: Microwave Ablation (Technology) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 19: Cardiac Rhythm Management (Application) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2018 through 2025
Table 20: Cardiac Rhythm Management (Application) Analysis of Historic Sales in US$ Thousand by Region/Country for the Years 2009 to 2017
Table 21: Cardiac Rhythm Management (Application) Global Market Share Distribution by Region/Country for 2009, 2019, and 2025
Table 22: Open Surgery (Application) Global Opportunity Assessment in US$ Thousand by Region/Country: 2018-2025
Table 23: Open Surgery (Application) Historic Sales Analysis in US$ Thousand by Region/Country: 2009-2017
Table 24: Open Surgery (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2009 VS 2019 VS 2025
Table 25: Other Applications (Application) Worldwide Sales in US$ Thousand by Region/Country: 2018-2025
Table 26: Other Applications (Application) Historic Demand Patterns in US$ Thousand by Region/Country: 2009-2017
Table 27: Other Applications (Application) Market Share Shift across Key Geographies: 2009 VS 2019 VS 2025
Table 28: Hospitals & Clinics (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 29: Hospitals & Clinics (End-Use) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2009-2017
Table 30: Hospitals & Clinics (End-Use) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025
Table 31: Ambulatory Surgical Centers (End-Use) Demand Potential Worldwide in US$ Thousand by Region/Country: 2018-2025
Table 32: Ambulatory Surgical Centers (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2009-2017
Table 33: Ambulatory Surgical Centers (End-Use) Share Breakdown Review by Region/Country: 2009 VS 2019 VS 2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Table 34: Cardiac Ablation Market in US$ Thousand in the United States by Technology: 2018-2025
Table 35: United States Cardiac Ablation Market Retrospective Analysis in US$ Thousand by Technology: 2009-2017
Table 36: United States Cardiac Ablation Market Share Breakdown by Technology: 2009 VS 2019 VS 2025
Table 37: United States Cardiac Ablation Latent Demand Forecasts in US$ Thousand by Application: 2018 to 2025
Table 38: Cardiac Ablation Historic Demand Patterns in the United States by Application in US$ Thousand for 2009-2017
Table 39: Cardiac Ablation Market Share Breakdown in the United States by Application: 2009 VS 2019 VS 2025
Table 40: United States Cardiac Ablation Latent Demand Forecasts in US$ Thousand by End-Use: 2018 to 2025
Table 41: Cardiac Ablation Historic Demand Patterns in the United States by End-Use in US$ Thousand for 2009-2017
Table 42: Cardiac Ablation Market Share Breakdown in the United States by End-Use: 2009 VS 2019 VS 2025
CANADA
Table 43: Cardiac Ablation Market Analysis in Canada in US$ Thousand by Technology: 2018-2025
Table 44: Cardiac Ablation Market in Canada: Historic Review in US$ Thousand by Technology for the Period 2009-2017
Table 45: Canadian Cardiac Ablation Market Share Breakdown by Technology: 2009 VS 2019 VS 2025
Table 46: Canadian Cardiac Ablation Market Quantitative Demand Analysis in US$ Thousand by Application: 2018 to 2025
Table 47: Cardiac Ablation Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2009-2017
Table 48: Canadian Cardiac Ablation Market Share Analysis by Application: 2009 VS 2019 VS 2025
Table 49: Canadian Cardiac Ablation Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2018 to 2025
Table 50: Cardiac Ablation Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2009-2017
Table 51: Canadian Cardiac Ablation Market Share Analysis by End-Use: 2009 VS 2019 VS 2025
JAPAN
Table 52: Japanese Medium & Long-Term Outlook for Cardiac Ablation Market in US$ Thousand by Technology: 2018-2025
Table 53: Cardiac Ablation Market in Japan in US$ Thousand by Technology: 2009-2017
Table 54: Japanese Cardiac Ablation Market Percentage Share Distribution by Technology: 2009 VS 2019 VS 2025
Table 55: Japanese Demand Estimates and Forecasts for Cardiac Ablation in US$ Thousand by Application: 2018 to 2025
Table 56: Japanese Cardiac Ablation Market in US$ Thousand by Application: 2009-2017
Table 57: Cardiac Ablation Market Share Shift in Japan by Application: 2009 VS 2019 VS 2025
Table 58: Japanese Demand Estimates and Forecasts for Cardiac Ablation in US$ Thousand by End-Use: 2018 to 2025
Table 59: Japanese Cardiac Ablation Market in US$ Thousand by End-Use: 2009-2017
Table 60: Cardiac Ablation Market Share Shift in Japan by End-Use: 2009 VS 2019 VS 2025
CHINA
Table 61: Cardiac Ablation Market Estimates and Forecasts in China in US$ Thousand by Technology: 2018-2025
Table 62: Chinese Cardiac Ablation Retrospective Market Scenario in US$ Thousand by Technology: 2009-2017
Table 63: Cardiac Ablation Market in China: Percentage Share Analysis by Technology for 2009, 2019, and 2025
Table 64: Chinese Demand for Cardiac Ablation in US$ Thousand by Application: 2018 to 2025
Table 65: Cardiac Ablation Market Review in China in US$ Thousand by Application: 2009-2017
Table 66: Chinese Cardiac Ablation Market Share Breakdown by Application: 2009 VS 2019 VS 2025
Table 67: Chinese Demand for Cardiac Ablation in US$ Thousand by End-Use: 2018 to 2025
Table 68: Cardiac Ablation Market Review in China in US$ Thousand by End-Use: 2009-2017
Table 69: Chinese Cardiac Ablation Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025
EUROPE
Table 70: European Cardiac Ablation Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025
Table 71: Cardiac Ablation Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2009-2017
Table 72: European Cardiac Ablation Market Share Shift by Region/Country: 2009 VS 2019 VS 2025
Table 73: European Cardiac Ablation Market Assessment in US$ Thousand by Technology: 2018-2025
Table 74: European Cardiac Ablation Historic Market Review in US$ Thousand by Technology: 2009-2017
Table 75: Cardiac Ablation Market in Europe: Percentage Breakdown of Sales by Technology for 2009, 2019, and 2025
Table 76: European Cardiac Ablation Addressable Market Opportunity in US$ Thousand by Application: 2018-2025
Table 77: Cardiac Ablation Market in Europe: Summarization of Historic Demand in US$ Thousand by Application for the Period 2009-2017
Table 78: European Cardiac Ablation Market Share Analysis by Application: 2009 VS 2019 VS 2025
Table 79: European Cardiac Ablation Addressable Market Opportunity in US$ Thousand by End-Use: 2018-2025
Table 80: Cardiac Ablation Market in Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2009-2017
Table 81: European Cardiac Ablation Market Share Analysis by End-Use: 2009 VS 2019 VS 2025
FRANCE
Table 82: French Cardiac Ablation Market Estimates and Projections in US$ Thousand by Technology: 2018-2025
Table 83: French Cardiac Ablation Historic Market Analysis in US$ Thousand by Technology: 2009-2017
Table 84: French Cardiac Ablation Market Share Breakdown by Technology: 2009 VS 2019 VS 2025
Table 85: Cardiac Ablation Quantitative Demand Analysis in France in US$ Thousand by Application: 2018-2025
Table 86: French Cardiac Ablation Historic Market Review in US$ Thousand by Application: 2009-2017
Table 87: French Cardiac Ablation Market Share Analysis: A 17-Year Perspective by Application for 2009, 2019, and 2025
Table 88: Cardiac Ablation Quantitative Demand Analysis in France in US$ Thousand by End-Use: 2018-2025
Table 89: French Cardiac Ablation Historic Market Review in US$ Thousand by End-Use: 2009-2017
Table 90: French Cardiac Ablation Market Share Analysis: A 17-Year Perspective by End-Use for 2009, 2019, and 2025
GERMANY
Table 91: German Cardiac Ablation Latent Demand Forecasts in US$ Thousand by Technology: 2018-2025
Table 92: Cardiac Ablation Market in Germany: A Historic Perspective by Technology in US$ Thousand for the Period 2009-2017
Table 93: German Cardiac Ablation Market Share Breakdown by Technology: 2009 VS 2019 VS 2025
Table 94: Cardiac Ablation Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2018-2025
Table 95: German Cardiac Ablation Market in Retrospect in US$ Thousand by Application: 2009-2017
Table 96: Cardiac Ablation Market Share Distribution in Germany by Application: 2009 VS 2019 VS 2025
Table 97: Cardiac Ablation Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2018-2025
Table 98: German Cardiac Ablation Market in Retrospect in US$ Thousand by End-Use: 2009-2017
Table 99: Cardiac Ablation Market Share Distribution in Germany by End-Use: 2009 VS 2019 VS 2025
ITALY
Table 100: Cardiac Ablation Market Estimates and Forecasts in Italy in US$ Thousand by Technology: 2018-2025
Table 101: Italian Cardiac Ablation Retrospective Market Scenario in US$ Thousand by Technology: 2009-2017
Table 102: Cardiac Ablation Market in Italy: Percentage Share Analysis by Technology for 2009, 2019, and 2025
Table 103: Italian Demand for Cardiac Ablation in US$ Thousand by Application: 2018 to 2025
Table 104: Cardiac Ablation Market Review in Italy in US$ Thousand by Application: 2009-2017
Table 105: Italian Cardiac Ablation Market Share Breakdown by Application: 2009 VS 2019 VS 2025
Table 106: Italian Demand for Cardiac Ablation in US$ Thousand by End-Use: 2018 to 2025
Table 107: Cardiac Ablation Market Review in Italy in US$ Thousand by End-Use: 2009-2017
Table 108: Italian Cardiac Ablation Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025
UNITED KINGDOM
Table 109: United Kingdom Medium & Long-Term Outlook for Cardiac Ablation Market in US$ Thousand by Technology: 2018-2025
Table 110: Cardiac Ablation Market in the United Kingdom in US$ Thousand by Technology: 2009-2017
Table 111: United Kingdom Cardiac Ablation Market Percentage Share Distribution by Technology: 2009 VS 2019 VS 2025
Table 112: United Kingdom Demand Estimates and Forecasts for Cardiac Ablation in US$ Thousand by Application: 2018 to 2025
Table 113: United Kingdom Cardiac Ablation Market in US$ Thousand by Application: 2009-2017
Table 114: Cardiac Ablation Market Share Shift in the United Kingdom by Application: 2009 VS 2019 VS 2025
Table 115: United Kingdom Demand Estimates and Forecasts for Cardiac Ablation in US$ Thousand by End-Use: 2018 to 2025
Table 116: United Kingdom Cardiac Ablation Market in US$ Thousand by End-Use: 2009-2017
Table 117: Cardiac Ablation Market Share Shift in the United Kingdom by End-Use: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 118: Rest of Europe Cardiac Ablation Market Assessment in US$ Thousand by Technology: 2018-2025
Table 119: Rest of Europe Cardiac Ablation Historic Market Review in US$ Thousand by Technology: 2009-2017
Table 120: Cardiac Ablation Market in Rest of Europe: Percentage Breakdown of Sales by Technology for 2009, 2019, and 2025
Table 121: Rest of Europe Cardiac Ablation Addressable Market Opportunity in US$ Thousand by Application: 2018-2025
Table 122: Cardiac Ablation Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by Application for the Period 2009-2017
Table 123: Rest of Europe Cardiac Ablation Market Share Analysis by Application: 2009 VS 2019 VS 2025
Table 124: Rest of Europe Cardiac Ablation Addressable Market Opportunity in US$ Thousand by End-Use: 2018-2025
Table 125: Cardiac Ablation Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2009-2017
Table 126: Rest of Europe Cardiac Ablation Market Share Analysis by End-Use: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 127: Asia-Pacific Cardiac Ablation Market Estimates and Projections in US$ Thousand by Technology: 2018-2025
Table 128: Asia-Pacific Cardiac Ablation Historic Market Analysis in US$ Thousand by Technology: 2009-2017
Table 129: Asia-Pacific Cardiac Ablation Market Share Breakdown by Technology: 2009 VS 2019 VS 2025
Table 130: Cardiac Ablation Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Application: 2018-2025
Table 131: Asia-Pacific Cardiac Ablation Historic Market Review in US$ Thousand by Application: 2009-2017
Table 132: Asia-Pacific Cardiac Ablation Market Share Analysis: A 17-Year Perspective by Application for 2009, 2019, and 2025
Table 133: Cardiac Ablation Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by End-Use: 2018-2025
Table 134: Asia-Pacific Cardiac Ablation Historic Market Review in US$ Thousand by End-Use: 2009-2017
Table 135: Asia-Pacific Cardiac Ablation Market Share Analysis: A 17-Year Perspective by End-Use for 2009, 2019, and 2025
REST OF WORLD
Table 136: Cardiac Ablation Market Analysis in Rest of World in US$ Thousand by Technology: 2018-2025
Table 137: Cardiac Ablation Market in Rest of World: Historic Review in US$ Thousand by Technology for the Period 2009-2017
Table 138: Rest of World Cardiac Ablation Market Share Breakdown by Technology: 2009 VS 2019 VS 2025
Table 139: Rest of World Cardiac Ablation Market Quantitative Demand Analysis in US$ Thousand by Application: 2018 to 2025
Table 140: Cardiac Ablation Market in Rest of World: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2009-2017
Table 141: Rest of World Cardiac Ablation Market Share Analysis by Application: 2009 VS 2019 VS 2025
Table 142: Rest of World Cardiac Ablation Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2018 to 2025
Table 143: Cardiac Ablation Market in Rest of World: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2009-2017
Table 144: Rest of World Cardiac Ablation Market Share Analysis by End-Use: 2009 VS 2019 VS 2025
IV. COMPETITION
1. ABBOTT LABORATORIES
2. ABLACOR MEDICAL CORPORATION
3. ATRICURE, INC.
4. BIOSENSE WEBSTER, INC.
5. BIOTRONIK SE & CO. KG
6. BOSTON SCIENTIFIC CORPORATION
BOSTON SCIENTIFIC INTERNATIONAL S.A.
7. CARDIOFOCUS, INC.
8. CATHVISION APS
9. KARDIUM INC.
10. MEDTRONIC PLC
11. SHANGHAI MICROPORT MEDICAL (GROUP) CO.,LTD.
12. STEREOTAXIS, INC.
13. THERMEDICAL, INC.
14. TORAY INDUSTRIES, INC
15. VYTRONUS, INC.
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