Ablation Devices Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2025

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.

Global ablation devices market has stood as one of the most lucrative verticals in recent years primarily driven by the growing usage of minimally invasive techniques for cancer treatment. Going forward, the increasing number of cancer and cardiovascular disorders would likely add up to the market growth.

Moreover, increasing healthcare awareness coupled with the rapidly growing elderly population would be another key factors driving the ablation devices market trends in the forthcoming years.  

Growing R&D activities for ablation devices’ development would further impel the market growth. Additionally, favorable initiatives introduced by several governments across the world would provide considerable traction to the market players.

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According to the National Cancer Institute, the U.S. expense for cancer care was approximately $147.3 billion in 2017. This amount is projected to rise in the coming years due to growing prevalence of cancer in the region.    

As per a research report by Global Market Insights, Inc., global ablation devices market is anticipated to exceed $25.2 billion through 2025.

Radiofrequency is emerging as one of the most rapidly developing segments in the ablation devices market based in terms of technology.

In fact, it represented over 20% of the total industry share in 2018. The segment is now expected to follow a similar growth trend through 2025. High adoption rates, ease of use and better efficiency are some of the key factors augmenting the demand of radiofrequency in the market.    

Oncology ablation devices industry is set to witness heavy growth owing to the wide implementation of the devices in cancerous tumor treatment. Oncology application segment attributed to more than 30% market share in 2018 and is estimated to grow further in the coming years.

Oncology ablation devices use techniques like burning or freezing towards the treatment of cancerous tumors. This therapy offers better potential benefits when compared to other clinical cancer treatments.

Apart from this, the therapy requires lower post-procedure stay in the hospital than an open surgery, which saves time and improves hospital throughput.

The North America ablation devices market is projected to witness heavy gains over the forthcoming years. The U.S. would lead the market expansion in the region. in fact, it dominated the market share in 2018 and is estimated to grow at a healthy CAGR of 10.5% through the forecast timeframe.

Growing geriatric population base, suitable reimbursement policies, growing healthcare expenditure and rising investments by production companies are the primary factors augmenting the market expansion in the region.  

Meanwhile, Europe ablation devices market, primarily led by Germany, is predicted to observe significant gains in the coming years. The Germany ablation devices market is expected to grow 9.7% through 2025.

Increasing adoption of technology, growing prevalence of cardiovascular disorders and cancer, rising population of baby boomers will be the key factors augmenting the Germany ablation devices market trends. 

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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)