Sarasota, FL -- (SBWIRE) -- 12/22/2016 -- Global Ablation Technology Market: Overview

Ablation is a procedure for removal of undesired and anomalous tissue from the body. Ablation provides some advantages over normal surgery such as less blood loss, reducing post-surgical complications, and low risk of infection. Increasing occurrences of the cancer and other cardiovascular diseases are resulting into availability of various ablation technologies in the market.

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Global Ablation Technology Market: Segmentation

The global ablation technology market is divided on the basis of applications as urology, cardiovascular, ophthalmology, pain management, cancer treatment, gynecology, and others. The global market is further segmented on the basis of technology as ultrasound ablators, microwave ablators, electrical ablators, radiofrequency ablators, light/laser ablators, and others. Of these, radiofrequency ablators segment is the leading technology segment in the global market. Moreover, with increasing atrial fibrillation, the use of electrical ablation also increased.

Global Ablation Technology Market: Growth Factors

Owing to changing lifestyle and eating habit, increase in number of chronic diseases is expected to foster the global ablation technology market growth in future. Growing demand for minimally invasive and improved surgery-less processes results in high demand of ablation technology. Increasing number of people suffering from chronic diseases owing to food habits and shift in lifestyle is anticipated to increase the demand in the near future. Moreover, growing government support for improved healthcare facilities and increasing financial assistance by many financial service providers may impact the global market in a positive way. Increasing spending power, surgery centers, hospitals, ablation centers, and better reimbursements are expected to fuel the global ablation technology market growth. However, high cost required for procedure may restrain the global market growth in future.

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Global Ablation Technology Market: Regional Analysis

North America is anticipated to witness the highest growth in the global ablation technology market mainly owing to adoption of advance technologies in this region. The US contributed for the major market share owing to increasing penetration in the healthcare industries. Growing population in North America also fuels the ablation technology market in this region. Moreover, increasing awareness and improved medical and insurance claims in Asia pacific are expected to boost the global ablation technology market in the coming years. Growing number of aged population in the Western Countries and Japan increases the chances of cardiovascular and cancer diseases, which in turn will influence the global ablation technology market in the near future.

Global Ablation Technology Market: Competitive Players

Major players in the global ablation technology market are Boston Scientific Corporation, Covidien plc St. Jude Medical Inc., Medtronic plc, AngioDynamics, and Biosense Webster, Inc. Other key players influencing the global market are AtriCure, Inc. and CONMED Corporation. Many major players in the global market are opting for new strategies, mergers, and acquisitions in order to expand their market share. For example, St. Jude Medical, Inc., a global medical device company, declared the FDA-approved FlexAbility Ablation Catheter. It is new ablation technology that will treat cardiac arrhythmias by electrophysiologists.

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Global Ablation Technology Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

What Report Provides

Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.

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