According to the report North America Ablation Technologies Market, published by Market Data Forecast, the North America market has been estimated at USD 1.10 billion in 2017 and is projected to reach USD 1.87 billion by 2022, at a CAGR of 11.2% during the forecast period from 2017 to 2022.
Removing material from the surface of an object is called ablation. It can be done by chipping, vaporization and other techniques.
In medicine this technique is used for the destruction of tumours and other unwanted material in various body parts.
North America Ablation Technologies Market: Drivers & Restraints
Rapid advancements in technology, growing cases of chronic diseases, increasing demand for these technologies, decreasing treatment costs, and improving quality of life are the primary drivers of market growth.
However, stringent regulatory framework resulting in higher gestation period is the primary restraint of this market.
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North America Ablation Technologies Market: Segmentation
- Light/Laser ablators
o Excimer laser ablators
o Cold laser ablators
- Radiofrequency (RF) ablators
o Temperature-controlled RF ablators
o Fluid-cooled RF ablators
o Robotic catheter manipulation systems
- Electrical ablators
o Argon plasma/beam coagulators
o Irreversible electroporation ablators
- Ultrasound ablators
o High-intensity focused ultrasound (HIFU) ablators
o Magnetic resonance guided focused ultrasound (MRGFUS) ablators
o Ultrasonic surgical ablation systems
o Extracorporeal shockwave lithotripsy systems
- Microwave ablators
o Microwave thermotherapy ablators
- Cryoablation devices
o Tissue contact probe ablators
o Tissue spray probe ablators
o Epidermal and subcutaneous cryoablation systems
- Hydrothermal ablators
o Endothermal hydrothermal balloon ablation devices
- Light/Laser Ablation
- Radiofrequency Ablation
- Electrical Ablation
- Ultrasound Ablation
- Microwave Ablation
- Hydrothermal Ablation
- Cardiovascular Disease Treatment
- Cancer Treatment
- Ophthalmologic Treatment
- Gynecologic Treatment
- Pain Management
- Urologic Treatment
- Orthopedic Treatment
- Cosmetic Surgery
- Other Treatments
- North America
o United States
North America Ablation Technologies Market: Overview
In 2017, radiofrequency is projected to hold the maximum share of the type segment of the market during the forecast period. The cardiovascular diseases capture the largest market segment of the application segment.
As of 2017, North America accounted for the largest share of the Ablation Technologies Market, due to factors such as better healthcare infrastructure, technological advancement in ablation technology field and high disposal income of individuals.
North America Ablation Technologies Market: Key Players
Some of the key players competing in the market include Biosense Webster, Inc., St. Jude Medical, Inc., Boston Scientific Corporation, AngioDynamics, Inc., AtriCure, Inc., Smith & Nephew plc.
Other players in the market include Galil Medical Inc., CONMED Corporation, Olympus Corporation, Covidien PLC, Medtronic, Inc., BSD Medical Corporation
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