Ablation Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Ablation Devices market is segmented by Device Technology (Laser/Light Ablation devices, Radiofrequency Devices, Ultrasound Devices, Cryoablation Devices, and Other Devices), Application, End-User and Geography

Market Snapshot

ablation devices market overview
Study Period: 2018 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 10.4 %
ablation devices market major players

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Market Overview

The global ablation devices market is expected to witness a CAGR of 10.4% during the forecast period. Certain factors that are driving the market growth include the rise in the prevalence of chronic diseases, technological advancements, and advantages associated with the device and procedure.

Ablation devices are minimally invasive and provide an alternative to the conventional surgical treatment of liver, kidney, prostate, and lung cancers, and the usage is growing rapidly owing to the increasing popularity of minimally invasive treatments as well as the rising incidence of various chronic diseases. Several companies are currently offering innovations in ablation technologies, which supports clinical efficacy, patient safety and procedural efficiency.

Scope of the Report

As per the scope of the report, ablation generally refers to the removal of a part of biological tissue, usually by surgery. Ablation devices offer a minimally invasive alternative to traditional surgical treatment of liver, prostate, kidney and lung cancers. The Ablation Devices market is segmented by Technology, Application, End-User, and Geography

By Device Technology
Radiofrequency Devices
Laser/Light Ablation
Ultrasound Devices
Cryoablation Devices
Other Devices
By Application
Cancer Treatment
Cardiovascular Disease Treatment
Ophthalmologic Treatment
Gynecological Treatment
Urological Treatment
Cosmetic Surgery
By End-Users
Ambulatory Surgical Centers
North America
United States
United Kingdom
Rest of Europe
Asia Pacific
South Korea
Rest of Asia-Pacific
Middle East and Africa
South Africa
Rest of Middle East and Africa
South America
Rest of South America

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Key Market Trends

Cancer Treatment is Expected to Hold Significant Market Share in the Application Segment

Cancer has a major impact on societies across the world. The incidence of cancer has increased, worldwide, at a high rate in the recent decade. According to a 2018 report by the World Health Organization (WHO), the global cancer burden was estimated to have risen to 18.1 million new cases and 9.6 million deaths worldwide in 2018. One in five men and one in six women, worldwide, develop cancer during their lifetime, and one in eight men and one in eleven women die from the disease. The total number of people who are alive within five years of a cancer diagnosis is estimated to be 43.8 million. The increasing cancer burden was also attributed to several factors, including changing prevalence of certain causes of cancer linked to social and economic development. This is particularly true in rapidly growing economies, where a shift is observed from cancers related to poverty and infections to cancers associated with lifestyles more typical of industrialized countries. Hence, owing to the rising incidence of cancer, the demand for devices and technologies that treat cancer effectively and safely is bound to increase. This factor is expected to help the Ablation Devices market grow in the forecast period.

ablation devices market trends

North America Dominates the Market over the Forecast Period

The investments, by many key players in this market, have grown significantly in the region, specifically in the United States. In addition, the focus on the development of products with innovative features and greater effectiveness has increased in recent times. As a result, there has been a growth in R&D funding.

The market growth in the region is also supported by the rising prevalence of cancer. Moreover, the number of people with higher risk for variety of cancers (aging population) is increasing in the region.

ablation devices market share

Competitive Landscape

The global ablation device market is moderately competitive and consists of a few major players. Companies like Abbott, AngioDynamics, Inc., AtriCure, Inc., Boston Scientific Corporation, BTG plc, Conmed Corporation, Johnson and Johnson, Medtronic PLC, Olympus Corporation, Smith & Nephew PLC, among others, hold the substantial market share in the Ablation Devices market.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rise in the Prevalence of Chronic Diseases

      2. 4.2.2 Technological Advancements

      3. 4.2.3 Emergence of Next-generation Ablation Products and Technology

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Device

      2. 4.3.2 Lack of Awareness and Stringent Regulations

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 By Device Technology

      1. 5.1.1 Radiofrequency Devices

      2. 5.1.2 Laser/Light Ablation

      3. 5.1.3 Ultrasound Devices

      4. 5.1.4 Cryoablation Devices

      5. 5.1.5 Other Devices

    2. 5.2 By Application

      1. 5.2.1 Cancer Treatment

      2. 5.2.2 Cardiovascular Disease Treatment

      3. 5.2.3 Ophthalmologic Treatment

      4. 5.2.4 Gynecological Treatment

      5. 5.2.5 Urological Treatment

      6. 5.2.6 Cosmetic Surgery

      7. 5.2.7 Others

    3. 5.3 By End-Users

      1. 5.3.1 Hospitals

      2. 5.3.2 Ambulatory Surgical Centers

      3. 5.3.3 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. United States

        2. Canada

        3. Mexico

      2. 5.4.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

      3. 5.4.3 Asia Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.4.4 Middle East and Africa

        1. GCC

        2. South Africa

        3. Rest of Middle East and Africa

      5. 5.4.5 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Company Profiles

      1. 6.1.1 Abbott Laboratories

      2. 6.1.2 AngioDynamics, Inc.

      3. 6.1.3 AtriCure, Inc.

      4. 6.1.4 Boston Scientific Corporation

      5. 6.1.5 BTG plc

      6. 6.1.6 Conmed Corporation

      7. 6.1.7 Johnson and Johnson

      8. 6.1.8 Medtronic PLC

      9. 6.1.9 Olympus Corporation

      10. 6.1.10 Smith & Nephew PLC

    2. *List Not Exhaustive

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Ablation Devices Market market is studied from 2018 - 2026.

The Ablation Devices Market is growing at a CAGR of 10.4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Medtronic PLC, Johnson and Johnson, Abbott Laboratories, Boston Scientific Corporation, AngioDynamics, Inc. are the major companies operating in Ablation Devices Market.

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