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Ablation Technologies Market by Product (Radiofrequency, Ultrasound (ESWL, HIFU), Laser, Electrical (Argon Plasma, IRE), Cryotherapy, Microwave, Hydrothermal) & Application (Cardiovascular, Cancer, Pain Management, Orthopedics) - Global Forecasts to 2021

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Date: 24-Feb-2017
No. of pages: 197
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The global ablation technologies market is expected to reach USD 4.73 billion by 2021 at a CAGR of 10.9% from 2016 to 2021.The growth of the market is driven by factors such as the increasing number of ablation procedures, rising incidence of cancer, growing prevalence of cardiovascular diseases, and the emergence of next-generation ablation products and technologies. However, product recalls and therapeutic challenges of the ablation devices are problems faced by market players in the market. Increasing funding for the development of novel ablation devices and emerging markets such as China, India, and Mexico are creating opportunities for the players involved in the market.

In this report, the market has been segmented on the basis of product (light/laser ablators, radiofrequency ablators, electrical ablators, ultrasound ablators, microwave ablators, cryo ablation devices, and hydrothermal ablators), type (light/laser, radiofrequency, electrical, ultrasound, microwave, cryoablation, and hydrothermal), application (cancer, cardiovascular, gynecological, ophthalmological, urological, orthopedic, pain management, and cosmetic surgery), and region (North America, Europe, APAC, and the RoW).

The radiofrequency ablators market is estimated to account for the largest share of the market in 2016, followed by the light/laser ablators market. Use of RF ablators in primary interventional therapy for the treatment of many cardiac arrhythmias is a key factor driving the segment. Better temperature control by RF ablators as compared to other ablation products (such as electrical and microwave ablators) and clinical advantages offered by temperature-controlled RF ablators over traditional ablation approaches are further supporting the growth of this segment.

Geographically, North America (comprising the U.S. and Canada) is expected to command the largest share of the market in 2016, followed by Europe. The market in North America is primarily driven by various factors including the presence of a large number of ablation product manufacturers, a significant rate of adoption of ablation treatment, large patient population base, and continuously rising prevalence of chronic disorders such as cancer and heart diseases (especially a trial fibrillation).

The market consists of a number of big, medium-sized, and small companies. In 2015, the market was dominated by Medtronic, plc (Ireland), Biosense Webster, Inc. (U.S.), St. Jude Medical, Inc. (U.S.), and Boston Scientific Corporation (U.S.). Product launches, mergers &acquisitions, geographical expansions, agreements, and joint ventures are the major strategies adopted by most of the market players to achieve growth in the market.

Research Coverage

This report studies the ablation technologies market based on type, product, and application. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends, prospects, and contributions to the total market. The report forecasts the revenue of the market segments with respect to four main regions.

Reasons to Buy the Report:

This research report focuses on various levels of analysis—industry trends, market ranking of top players, and company profiles—which together discuss basic views on the competitive landscape, emerging and high-growth segments of the ablation technologies market, and high-growth regions and their respective drivers, restraints, challenges, and opportunities.

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms in garnering a greater market share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies for strengthening its market shares.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on products and services offered by major players in the ablation technologies market. The report analyzes the market based on type, product, application, and region

  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the ablation technologies market

  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various ablation technologies products across geographies

  • Market Diversification: Exhaustive information about new products &services, untapped geographies, recent developments, and investments in the ablation technologies market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products &services, distribution networks, and manufacturing capabilities of leading players in the ablation technologies market.

Ablation Technologies Market by Product (Radiofrequency, Ultrasound (ESWL, HIFU), Laser, Electrical (Argon Plasma, IRE), Cryotherapy, Microwave, Hydrothermal) & Application (Cardiovascular, Cancer, Pain Management, Orthopedics) - Global Forecasts to 2021

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Markets Covered
1.4.1 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Methodology Steps
2.2 Research Design
2.3 Secondary and Primary Research Methodology
2.3.1 Secondary Research
2.3.1.1 Key Data From Secondary Sources
2.3.2 Primary Research
2.3.2.1 Key Data From Primary Sources
2.3.3 Market Size Estimation Methodology
2.4 Opportunity Indicators
2.4.1 Demand-Side Analysis
2.4.1.1 Incidence and Prevalence of Cancer
2.4.1.2 Rapid Growth of Geriatric Population
2.4.1.3 Significant Number of Clinical Researches in Ablation
2.4.2 Supply-Side Analysis
2.4.2.1 Clinical Trials By Ablation Technologies
2.4.2.2 Number of New Product Launches: Ablation Market (2013–2016)
2.5 Market Data Validation and Triangulation
2.6 Assumptions for the Study

3 Executive Summary
3.1 Introduction
3.2 Conclusion

4 Premium Insights
4.1 Global Ablation Technologies Market Overview
4.2 Geographical Snapshot of the Global Ablation Technologies Market
4.3 Global Ablation Technologies Market, By Type and Region
4.4 Global Ablation Technologies Market, By Application
4.5 Global Ablation Technologies Market Size, By Product (2016 vs 2021)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Emergence of Next-Generation Ablation Products and Technologies
5.2.1.2 Rising Incidence of Cancer
5.2.1.3 Growing Prevalence of Cardiovascular Diseases
5.2.1.4 Increasing Number of Ablation Procedures
5.2.1.5 Increasing Number of Hospitals, Surgical, and Ablation Centers
5.2.2 Restraints
5.2.2.1 Reuse and Reprocessing of Devices in Developing Countries
5.2.2.2 Healthcare Cost-Containment Measures
5.2.2.3 Unfavorable Regulatory Scenario
5.2.3 Opportunities
5.2.3.1 Growth Potential Offered By Emerging Markets
5.2.3.2 Rising Awareness Related to Ablation Procedures
5.2.4 Challenges
5.2.4.1 Product Recalls
5.2.4.2 Therapeutic Challenges

6 Industry Trends
6.1 Key Industry Trends: Ablation Market
6.1.1 Industry Consolidation
6.1.2 Increasing Focus of Global Players Towards Developing Nations
6.1.3 Increasing Funding for Ablation Product Development and Commercialization
6.1.4 Notable Developments in Microwave Ablation Segment
6.1.5 High Focus of Market Players Towards Development of Advanced Radiofrequency Ablation Devices
6.2 Reimbursement Scenario (Qualitative Insights)
6.3 Supply Chain Analysis
6.4 Porter’s Five Forces Analysis
6.4.1 Threat From New Entrants
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Intensity of Competitive Rivalry

7 Global Ablation Technologies Market, By Type
7.1 Introduction
7.2 Radiofrequency Ablation
7.3 Laser/Light Ablation
7.4 Ultrasound Ablation
7.5 Electrical Ablation
7.6 Cryoablation
7.7 Microwave Ablation
7.8 Hydrothermal Ablation

8 Global Ablation Technologies Market, By Product
8.1 Introduction
8.2 Radiofrequency Ablators
8.2.1 Temperature-Controlled Radiofrequency Ablators
8.2.2 Fluid-Cooled Radiofrequency Ablators
8.2.3 Robotic Catheter Manipulation Systems
8.3 Laser/Light Ablators
8.3.1 Excimer Laser Ablators
8.3.2 Cold Laser Ablators
8.4 Ultrasound Ablators
8.4.1 Ultrasonic Surgical Ablation Systems
8.4.2 High-Intensity Focused Ultrasound (HIFU) Ablators
8.4.3 Extracorporeal Shockwave Lithotripsy (ESWL) Systems
8.4.4 Magnetic Resonance-Guided Focused Ultrasound (MRGFUS) Ablators
8.5 Electrical Ablators
8.5.1 Argon Plasma/Beam Coagulators
8.5.2 Irreversible Electroporation Ablators
8.6 Cryoablation Devices
8.6.1 Tissue Contact Probes
8.6.2 Tissue Spray Probes
8.6.3 Epidermal and Subcutaneous Cryoablation Devices
8.7 Microwave Ablators
8.7.1 Microwave Thermotherapy Devices
8.8 Hydrothermal Ablators
8.8.1 Endometrial Hydrothermal Balloon Ablation Devices

9 Global Ablation Technologies Market, By Application
9.1 Introduction
9.2 Cardiovascular Disease Treatment
9.3 Cancer Treatment
9.3.1 Liver Cancer
9.3.2 Kidney Cancer
9.3.3 Prostate Cancer
9.3.4 Lung Cancer
9.3.5 Bone Metastasis
9.3.6 Breast Cancer
9.4 Ophthalmologic Treatment
9.5 Pain Management
9.6 Gynecological Treatment
9.7 Urological Treatment
9.8 Orthopedic Treatment
9.9 Cosmetic/ Aesthetic Surgery
9.10 Other Treatments

10 Global Ablation Technologies Market, By Region
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.1.1 Significant Volume of Ablation Procedures in the Country
10.2.1.2 Remarkable Adoption of Advanced Ablation Technologies as Compared to Conventional Technologies
10.2.1.3 Availability of Funding for Development of Novel Ablation Devices
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.1.1 Rising Focus of Market Players
10.3.1.2 Large Number of Ongoing Clinical Trials
10.3.1.3 Favorable Healthcare Reimbursement Scenario
10.3.1.4 Growing Incidence of Cancer and Cardiovascular Diseases
10.3.2 France
10.3.2.1 Availability of Funding for Development of Novel Ablation Devices in the Country
10.3.2.2 Availability of Training Programs and Reimbursement for Certain Products in France
10.3.3 U.K.
10.3.3.1 Large Patient Population Base
10.3.3.2 Availability of Research Funding
10.3.3.3 Expanding Presence of Market Players
10.3.3.4 Government Recommendations Encouraging Adoption of Ablation Technologies
10.3.4 Rest of Europe
10.3.4.1 Rapidly Increasing Aging Population in the Region
10.3.4.2 Increasing Market Penetration of Leading Ablation Manufacturers in the Region
10.3.4.3 Prominent Adoption of Ablation in Italy
10.4 Asia-Pacific
10.4.1 Increasing Government Initiatives in the Region
10.4.1.1 Awareness Programs and Conferences in APAC
10.4.1.2 Rising Focus of Market Players
10.4.2 Japan
10.4.2.1 Well-Developed Healthcare System
10.4.2.2 Rising Baby Boomer Population Coupled With Cancer Incidence in the Country
10.4.2.3 Rising Government Focus Towards the Development of the Medical Device Industry
10.4.3 China
10.4.3.1 High Incidence of Target Diseases and Rapidly Aging Population
10.4.4 India
10.4.4.1 Remarkable Patient Base in the Country
10.4.4.2 Improving Healthcare Infrastructure in the Country
10.4.4.3 Rising Focus of Global Players
10.4.5 Rest of Asia-Pacific
10.5 Rest of the World

11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis
11.3 Competitive Situation and Trends
11.3.1 New Product Launches & Approvals
11.3.2 Mergers & Acquisitions
11.3.3 Geographical Expansions
11.3.4 Agreements and Joint Ventures
11.3.5 Other Developments

12 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 Introduction
12.2 Medtronic PLC
12.3 Biosense Webster, Inc. (A Subsidiary of Johnson & Johnson Inc.)
12.4 St. Jude Medical, Inc.
12.5 Boston Scientific Corporation
12.6 Angiodynamics, Inc.
12.7 Atricure, Inc.
12.8 Conmed Corporation
12.9 Olympus Corporation
12.10 Smith & Nephew
12.11 Galil Medical Inc. (Acquired By BTG International Ltd.)

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Clinical Research Status By Ablation Technologies as of 2017*
Table 2 Major Merger & Acquisition Activities in the Ablation Technologies Industry (2013–2016)
Table 3 Global Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 4 Ablation Technologies Market Size, By Region, 2014–2021 (USD Million)
Table 5 Radiofrequency Ablation Market Size, By Region, 2014–2021 (USD Million)
Table 6 Laser/Light Ablation Market Size, By Region, 2014–2021 (USD Million)
Table 7 Ultrasound Ablation Market Size, By Region, 2014–2021 (USD Million)
Table 8 Electrical Ablation Market Size, By Region, 2014–2021 (USD Million)
Table 9 Cryoablation Market Size, By Region, 2014–2021 (USD Million)
Table 10 Microwave Ablation Market Size, By Region, 2014–2021 (USD Million)
Table 11 Hydrothermal Ablation Market Size, By Region, 2014–2021 (USD Million)
Table 12 Global Ablation Technologies Market Size, By Product, 2014–2021 (USD Million)
Table 13 Radiofrequency Ablators Market Size, By Product, 2014–2021 (USD Million)
Table 14 Radiofrequency Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 15 Temperature-Controlled Radiofrequency Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 16 Fluid-Cooled Radiofrequency Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 17 Robotic Catheter Manipulation Systems Market Size, By Region, 2014–2021 (USD Million)
Table 18 Laser/Light Ablators Market Size, By Product, 2014–2021 (USD Million)
Table 19 Laser/Light Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 20 Excimer Laser Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 21 Cold Laser Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 22 Ultrasound Ablators Market Size, By Product, 2014–2021 (USD Million)
Table 23 Ultrasound Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 24 Ultrasonic Surgical Ablation Systems Market Size, By Region, 2014–2021 (USD Million)
Table 25 High-Intensity Focused Ultrasound Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 26 Extracorporeal Shockwave Lithotripsy Systems Market Size, By Region, 2014–2021 (USD Million)
Table 27 Magnetic Resonance-Guided Focused Ultrasound Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 28 Electrical Ablators Market Size, By Product, 2014–2021 (USD Million)
Table 29 Electrical Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 30 Argon Plasma/Beam Coagulators Market Size, By Region, 2014–2021 (USD Million)
Table 31 Irreversible Electroporation Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 32 Cryoablation Devices Market Size, By Product, 2014–2021 (USD Million)
Table 33 Cryoablation Devices Market Size, By Region, 2014–2021 (USD Million)
Table 34 Tissue Contact Probes Market Size, By Region, 2014–2021 (USD Million)
Table 35 Tissue Spray Probes Market Size, By Region, 2014–2021 (USD Million)
Table 36 Epidermal and Subcutaneous Cryoablation Devices Market Size, By Region, 2014–2021 (USD Million)
Table 37 Microwave Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 38 Hydrothermal Ablators Market Size, By Region, 2014–2021 (USD Million)
Table 39 Global Ablation Technologies Market Size, By Application, 2014–2021 (USD Million)
Table 40 Ablation Technologies Market Size for Cardiovascular Disease Treatment, By Region, 2014–2021 (USD Million)
Table 41 Ablation Technologies Market Size for Cancer Treatment, By Region, 2014–2021(USD Million)
Table 42 Ablation Technologies Market Size for Ophthalmologic Treatment, By Region, 2014–2021 (USD Million)
Table 43 Ablation Technologies Market Size for Pain Management, By Region, 2014–2021 (USD Million)
Table 44 Currently Approved Fda Ablation Technologies for Gynecological Treatment
Table 45 Ablation Technologies Market Size for Gynecological Treatment, By Region, 2014–2021 (USD Million)
Table 46 Ablation Technologies Market Size for Urologic Treatment, By Region, 2014–2021(USD Million)
Table 47 Ablation Technologies Market Size for Orthopedic Treatment, By Region, 2014–2021 (USD Million)
Table 48 Ablation Technologies Market Size for Cosmetic/ Aesthetic Surgery, By Region, 2014–2021 (USD Million)
Table 49 Ablation Technologies Market Size for Other Treatments, By Region, 2014–2021 (USD Million)
Table 50 Global Ablation Technologies Market Size, By Region, 2014–2021 (USD Million)
Table 51 North America: Ablation Technologies Market Size, By Country, 2014–2021 (USD Million)
Table 52 North America: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 53 North America: Ablation Technologies Market Size, By Application, 2014–2021 (USD Million)
Table 54 U.S.: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 55 Canada: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 56 Europe: Ablation Technologies Market Size, By Country, 2014–2021 (USD Million)
Table 57 Europe: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 58 Europe: Ablation Technologies Market Size, By Application, 2014–2021 (USD Million)
Table 59 Germany: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 60 France: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 61 U.K.: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 62 Rest of Europe: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 63 Asia-Pacific: Ablation Technologies Market Size, By Country, 2014–2021 (USD Million)
Table 64 Asia-Pacific: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 65 Asia-Pacific: Ablation Technologies Market Size, By Application, 2014–2021 (USD Million)
Table 66 Japan: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 67 China: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 68 India: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 69 Rest of APAC: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 70 RoW: Ablation Technologies Market Size, By Type, 2014–2021 (USD Million)
Table 71 RoW: Ablation Technologies Market Size, By Application, 2014–2021 (USD Million)
Table 72 Top 5 New Product Launches & Approvals, 2012–2015
Table 73 Mergers & Acquisitions, 2013–2016
Table 74 Geographical Expansions, 2014–2016
Table 75 Top 3 Agreements and Joint Ventures, 2013–2015
Table 76 Top 5 Other Developments, 2014–2016

List of Figures

Figure 1 Global Ablation Technologies Market: Research Methodology Steps
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Research Methodology: Top-Down Approach
Figure 4 Research Methodology: Bottom-Up Approach
Figure 5 Estimated Number of New Cancer Cases, By 2020 (Thousands)
Figure 6 Population Aged 65 and Above, By Region (In Million): 2015, 2030, and 2050
Figure 7 Clinical Research Status in the Ablation Market 2017*
Figure 8 New Ablation Product Launches, 2013–2016
Figure 9 Data Triangulation Methodology
Figure 10 Ablation Technologies Market Size, By Type (2016 vs 2021)
Figure 11 Ablation Technologies Market Share, By Product (2016 vs 2021)
Figure 12 Ablation Technologies Market Size, By Application (2016 vs 2021)
Figure 13 Ablation Technologies Market Share, By Region (2016)
Figure 14 Rising Incidences of Cancer & Cardiac Diseases — Primary Driver of the Ablation Technologies Market During
Figure 15 India and China are the Most Lucrative Markets for Ablation Product Manufacturers
Figure 16 U.S. Commanded the Largest Share of the Ablation Technologies Market in 2016
Figure 17 Cardiovascular Disease Treatment Segment to Dominate the Ablation Technologies Market in 2021
Figure 18 Radiofrequency Ablators Will Continue to Dominate the Market Till 2021
Figure 19 Global Ablation Technologies Market: Drivers, Restraints, Opportunities, and Challenges
Figure 20 Global Prevalence of Cancer: Expected Trend Till 2020
Figure 21 Ablation Technologies Market: Porter’s Five Forces Analysis
Figure 22 Microwave Ablation Segment to Grow at the Highest CAGR During 2016 to 2021
Figure 23 Microwave Ablator is the Fastest-Growing Segment in the Global Ablation Technologies Market
Figure 24 Cardiovascular Disease Treatment Ablation Market to Grow at the Highest CAGR in the Forecast Period
Figure 25 Number of Hip and Knee Replacement Surgeries, By Country: 2013
Figure 26 Global Ablation Technologies Market Share, By Country (2016–2021)
Figure 27 North America: Ablation Technologies Market Snapshot
Figure 28 Europe: Ablation Technologies Market Snapshot
Figure 29 Asia-Pacific: Ablation Technologies Market Snapshot
Figure 30 Leading Market Players Adopted New Product Launches & Approvals as Their Key Growth Strategy From 2013 to 2016
Figure 31 Global Ablation Technologies Market Share, By Key Player, 2015
Figure 32 New Product Launches & Approvals Was the Key Strategy
Figure 33 Geographic Revenue Mix of Top Market Players
Figure 34 Medtronic PLC: Company Snapshot
Figure 35 Johnson and Johnson: Company Snapshot
Figure 36 St. Jude Medical, Inc.: Company Snapshot
Figure 37 Boston Scientific Corporation: Company Snapshot
Figure 38 Angiodynamics, Inc.: Company Snapshot
Figure 39 Atricure, Inc.: Company Snapshot
Figure 40 Conmed Corporation: Company Snapshot
Figure 41 Olympus Corporation: Company Snapshot
Figure 42 Smith & Nephew: Company Snapshot
Figure 43 BTG International Ltd. : Company Snapshot

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