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Cardiac Ablation Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2026

Author : Ronak Bora | Published Date : 2020-09-07 

Cardiac Ablation 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.

Primarily augmented by the mounting prevalence of cardiovascular disorders globally, cardiac ablation market is touted to mark its name in the billion-dollar fraternity down the line of seven years. According to World Health Organization reports, cardiovascular disorders emerge out to be a number one cause of death worldwide, claiming nearly 17.9 million lives every year. Additionally, an increase in geriatric population is likely to contribute to the adoption of cardiac ablation procedures, making way for cardiac ablation industry expansion.

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With technological advancements being on a spur globally, novel innovations and new product developments across cardiac ablation market are expected to render hefty proceeds to the industry over 2020-2026. Numerous players are taking painstaking efforts to offer effective treatment approaches to patients through devising technologically sound products and equipment, supporting the customer inclination towards cardiac ablation.

A research study conducted by GMI, predicts that cardiac ablation market size is expected to surpass $6.5 billion by 2026.

Demand for cardiac ablation procedure is likely to mount owing to increasing cases of cardiovascular diseases and expanding geriatric population pool. As per the Centers for Disease Control and Prevention, one death happens every second due to some type of cardiovascular disease in the U.S. Drug therapy solely cannot alleviate certain disorders and require cardiac ablation for quicker recovery and better results. Heightening adoption of advanced treatment procedures will augment cardiac ablation market size in the ensuing years.

Cardiac ablation market is likely to accumulate considerable proceeds from ambulatory surgical centers. Patients are increasingly opting for cardiac ablation procedure in ambulatory surgical centers on account of the availability of expert healthcare professionals, improving quality of healthcare services, short procedure length, and cost-effectiveness offered by these healthcare centers. Advancing healthcare infrastructure and easy accessibility of ambulatory surgical centers, especially in developed economies will remarkably stimulate cardiac ablation market trends.

Based on the topological trends, Germany has emerged as one of the profitable grounds for cardiac ablation market. In fact, Germany cardiac ablation market is likely to depict a growth rate of 12.7 per cent over 2020-2026 which is ascribed to the increasing pervasiveness of cardiovascular diseases and growing cognizance amongst masses pertaining to advanced medical facilities. Needless to mention, Germany has emerged to be one of the developed countries in terms of technologies and economy, favoring robust industry growth.

Cardiac ablation market participants are pursuing various business strategies, such as product innovations, collaborations, mergers to strengthen their foothold in the market. For instance, in April 2018, MicroPort Scientific Corporation acquired cardiac rhythm management arm of LivaNova to extend its cardiovascular portfolio. The acquisition helped the company reinforce its presence in the electrophysiology industry.

Another instance of similar efforts is the acquisition of EPIX Therapeutics, Inc. by Medtronic. The acquisition was aimed at accelerating the development of treatment for cardiac arrhythmias in the near future. Some notable industry players operating in cardiac ablation market are Boston Scientific Corporation, Stereotaxis, Inc., and Abbott Laboratories (St. Jude Medical) among other players.

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

Partial Chapter of the Table of Content

Chapter 4. Cardiac Ablation Market, By Product

4.1. Key segment trends

4.2. Radiofrequency (RF) ablators

4.2.1. Market size, by region, 2015 - 2026 (USD Million)

4.3. Electric ablators

4.3.1. Market size, by region, 2015 - 2026 (USD Million)

4.4. Cryoablation devices

4.4.1. Market size, by region, 2015 - 2026 (USD Million)

4.5. Ultrasound devices

4.5.1. Market size, by region, 2015 - 2026 (USD Million)

4.6. Others

4.6.1. Market size, by region, 2015 - 2026 (USD Million)

Chapter 5. Cardiac Ablation Market, By Application

5.1. Key segment trends

5.2. Cardiac rhythm management

5.2.1. Market size, by region, 2015 - 2026 (USD Million)

5.2.2. Atrial fibrillation and flutter Market size, by region, 2015-2026 (USD Million)

5.2.3. Tachycardia

5.2.4. Market size, by region, 2015 - 2026 (USD Million)

5.2.5. Others

5.2.6. Market size, by region, 2015 - 2026 (USD Million)

5.3. Open surgery

5.3.1. Market size, by region, 2015 - 2026 (USD Million)

5.4. Others

5.4.1. Market size, by region, 2015 - 2026 (USD Million)

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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