According to the latest report by IMARC Group, titled, “Ablation Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, the global ablation devices market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 11% during 2021-2026.

Ablation devices refer to minimally invasive (MI) medical instruments utilized for the excision or removal of abnormal body tissues for therapeutic purposes. Their commonly used variants include fluid-cooled, temperature-controlled, robotic catheter manipulation and laser ablators, balloon ablation devices, tissue contact and spray probes, etc. These devices operate using various technologies, such as hydrothermal, laser, cryoablation, microwave, ultrasound, etc. They find extensive applications in treating different disorders, including oncological, ophthalmological, gynecological, urological, cardiovascular, etc., as well as in managing several chronic diseases, removing kidney stones and cancerous tumors, managing chronic neck, lower back, and arthritis pain, etc.

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Market Trends

The surging prevalence of life-threatening diseases, such as cancer, atrial fibrillation, chronic venous insufficiency (CVI), etc., is among the primary factors driving the ablation devices market. Moreover, the growing public awareness towards the increasing availability of effective ablation procedures is further augmenting the product demand. Additionally, the rising adoption of electrophysiology to remove abnormal tissues that cause irregular heart rhythms or cardiac arrhythmia is bolstering the market growth. Furthermore, the development of various innovative products, such as next-generation ablation devices with robotic navigation systems, is also catalyzing the global market. Besides this, the introduction of non-thermal, non-tumescent, and non-sclerosant endovenous variants for effectively treating superficial vein reflux is expected to stimulate the ablation devices market over the forecasted period.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Abbott Laboratories
Angio Dynamics Inc.
AtriCure Inc.
Boston Scientific Corporation
CONMED Corporation
Elekta AB (publ)
Johnson Johnson
Medtronic plc
Olympus Corporation
Smith Nephew plc.

The report has segmented 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
Europe
Latin America
Middle East and Africa

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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