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Ablation Devices Market 2020 growth factors, latest trend and regional analysis of leading players by 2025

Author : Ronak Bora | Published Date : 2020-09-15 

Ablation Devices Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The ablation devices market share is expected to increase substantially in the forthcoming years, owing to the rising prevalence of cancer cases and cardiovascular ailments across the globe. Proliferating demand for minimally invasive treatments in myriad medical conditions including cardiology issues, cancer and pain management among others is also likely to fuel industry trends.

Likewise, rise in global geriatric demographic and evolution of healthcare technologies will propel ablation devices market outlook further. According to a report by GMI, the ablation devices market size is anticipated to record a revenue of over $25 billion by 2025

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Some of the key ablation devices manufacturers operating in the industry include CONMED, Alcon Laboratories, Boston Scientific, Johnson and Johnson, and Abbott Laboratories among numerous others.

In terms of regional prospects, the U.S. ablation devices industry share has showcased robust gains over the years due to the advanced regional healthcare sector. High disposable income among the people along with the availability of various healthcare financing schemes such as cashless payment, healthcare insurance, and reimbursement policies have steered the demand for up-to-date medical facilities that are less painful, safe, and reliable.

Moreover, investments along with research done by ablation devices manufacturing firms will drive the product demand during the period of study. For instance, in February 2019, Minnesota headquartered company- Nuvaira raised nearly USD 79 million to carry out late-stage clinical development of ablation devices-based treatment for chronic pulmonary conditions across the U.S.

The novel device utilizes bronchoscope and radiofrequency ablation balloon catheter to reach the nerves placed along the outside of the airway. The development of targeted, innovative ablation devices has proven to be beneficial especially during the prevailing coronavirus outbreak.

COVID-19 and the need for advanced medical equipment

The constant increase in the discovery of chronic illnesses has propelled the need for reliable medication. The current COVID-19 pandemic has affected millions of lives globally and has also led to serious cardiac and respiratory illnesses especially among the geriatric, vulnerable population.

With the surging need to control the spread of the virus as well as to introduce superior technology medical products, ablation devices have gained significant recognition in the treatment of the virus as they help with addressing respiratory infections, cardiovascular conditions, as well as any form of cancer caused due to the virus.

Governments across the globe are aiming at enhancing their medical offerings to meet the changing healthcare needs of the people due to an improvement in the purchasing power as compared to the previous years. In developing countries like India, Argentina, Japan, and Brazil, the regional governments along with private health bodies are constantly working towards introducing advanced, smart medical equipment. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/ablation-devices-market

Partial Chapter of the Table of Content 

Chapter 5.  Ablation Devices Market, By Application

5.1. Global ablation devices market share, by application, 2018 & 2025

5.2. Cardiology

5.2.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

5.3. Oncology

5.3.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

5.4. Ophthalmology

5.4.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

5.5. Pain management

5.5.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

5.6. Gynecology

5.6.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

5.7. Urology

5.7.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

5.8. Orthopedic treatment

5.8.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

5.9. Cosmetic surgery

5.9.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

5.10.  Others

5.10.1.   Market size, by region, 2014 – 2025 (USD Million and Units)

Chapter 6.  Ablation Devices Market, By Product

6.1. Global ablation devices market share, by product, 2018 & 2025

6.2. Disposable

6.2.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

6.3. Capital

6.3.1.  Market size, by region, 2014 – 2025 (USD Million and Units)

6.4. Reusable

6.4.1.  Market size, by region, 2014 – 2025 (USD Million and Units) 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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