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How has the ablation devices market grown in recent years?

The ablation devices market has grown steadily, projected to rise from $8.49 billion in 2024 to $9.31 billion in 2025 at a CAGR of 9.6%. This growth is linked to the increasing burden of chronic diseases, a growing elderly population, government initiatives, clinical research, and heightened awareness among physicians.

How is the ablation devices market size expected to evolve during the forecast period?

The ablation devices market is expected to reach $13.25 billion by 2029, with a CAGR of 9.2%. This growth is driven by better healthcare infrastructure, the integration of ablation devices with imaging technologies, rising disposable incomes, faster regulatory approvals, and increased patient awareness. Key trends include robotics usage, expansion in non-oncology applications, real-time imaging advancements, telemedicine, remote monitoring, and the adoption of personalized treatment plans.

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Which key drivers are propelling the ablation devices market’s growth?

The rising incidence of chronic diseases is expected to fuel the growth of the ablation device market. Chronic diseases are on the rise due to lifestyle changes, aging populations, and longer life expectancies. Ablation devices are used to remove abnormal tissue in conditions like arrhythmias and certain cancers. A report by the American College of Cardiology in August 2022 projects significant increases in chronic diseases in the U.S. by 2060, including a 39.3% rise in diabetes and a 33.8% increase in stroke rates. This rise in chronic conditions is expected to boost the ablation device market.

What are the market segments in the ablation devices industry?

The ablation devices market covered in this report is segmented –

1) By Product: Laser Ablators, Radiofrequency Ablators, Microwave Ablators, Ultrasound Ablators, Electric Ablators, Hydrothermal Ablators, Cryoablators

2) By Technology Type: Radiofrequency Ablation, Microwave Ablation, Cryoablation, High-Intensity Focused Ultrasound, Laser Interstitial Thermal Ablation, Other Technology Types

3) By Function: Automatic, Robotic

4) By End-Users: Hospitals And Clinics, Ambulatory Surgical Centers, Others End-Users

Subsegments:

1) By Laser Ablators: Diode Laser Systems, CO2 Laser Systems, Nd-YAG Laser Systems

2) By Radiofrequency Ablators: Monopolar Radiofrequency Ablators, Bipolar Radiofrequency Ablators

3) By Microwave Ablators: Microwave Ablation Systems

4) By Ultrasound Ablators: High-Intensity Focused Ultrasound (HIFU) Systems

5) By Electric Ablators: Electrosurgical Ablators

6) By Hydrothermal Ablators: Steam Ablation Systems

7) By Cryoablators: Cryoablation Systems

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Which leading companies are shaping the growth of the ablation devices market?

Major companies operating in the ablation devices market are Johnson And Johnson, Abbott Laboratories, Medtronic plc, Koninklijke Philips N.V., Stryker Corporation, Boston Scientific Corporation, Alcon Inc., Olympus Corporation, Smith And Nephew PLC, Cynosure Inc., Hologic Inc., Bausch And Lomb Incorporated, Varian Medical Systems, CONMED Corporation, Avanos Medical Inc., Japan Lifeline Co., AtriCure Inc., AngioDynamics Inc., Syneron Medical Ltd., Dornier MedTech GmbH, EDAP TMS, CathRx Ltd.

What key trends are currently impacting the ablation devices market’s development?

Companies in the ablation devices market are innovating with systems like cryoballoon ablation to treat conditions such as Barrett’s esophagus. The cryoballoon system uses a balloon catheter to freeze and ablate tissue, offering an effective treatment for cardiac arrhythmias. For example, Pentax of America Inc. launched the C2 CryoBalloon Ablation System in October 2022 in Canada for treating Barrett’s esophagus, providing patients with less pain and shorter recovery times compared to traditional treatments like Radio Frequency Ablation (RFA).

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Which geographic areas are influencing the growth of the ablation devices market?

North America was the largest region in the ablation devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ablation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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