Registering a CAGR of 9.1% over the forecast period of 2022-2027, the global Irreversible Electroporation Ablators market is anticipated to reach the market value of US$ 43 million in the year 2027 from US$ 23 million in the year 2021.
Irreversible Electroporation is a soft tissue ablation method which uses ultra-short but strong electrical fields in order to create permanent and thus lethal nano pores in the cell membrane to interrupt the cellular homeostasis. The resulting cell death results from apoptosis and not necrosis as in all other thermal or radiation-based ablation methods. The primary usage of IRE lies in tumour ablations in regions where conservation and precision of extracellular matrix, nerves and blood flow are important. This particular method is still in experimental stage and has not been approved for use outside of clinical trials.
The key market players are Pulse Biosciences and AngioDynamics. With a consumption market share of almost 56%, North America remains the largest consumption place which is followed by Europe in the second place with a share of 25%.
The report also assesses the key opportunities in the Irreversible Electroporation Ablators market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Irreversible Electroporation Ablators Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
AngioDynamics Takes FDA Approval to Initiate NanoKnife DIRECT Clinical Study for the Treatment of Stage III Pancreatic Cancer
Top Key players in the Irreversible Electroporation Ablators Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Irreversible Electroporation Ablators Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes AngioDynamics, Pulse Biosciences and others.
Global Irreversible Electroporation Ablators Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
By Type, Irreversible Electroporation Ablators Market has been segmented into
By Application, Irreversible Electroporation Ablators Market has been segmented into
The report offers in-depth assessment of the growth and other aspects of the Irreversible Electroporation Ablators Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Irreversible Electroporation Ablators Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Irreversible Electroporation Ablators Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Forecast Period 2022 to 2027 CAGR
CAGR of 9.1% during the review period (2022 to 2027).
AngioDynamics, Pulse Biosciences
2017 to 2022
2022 to 2027
Yes, the report can be customized as per your needs
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Irreversible Electroporation Ablators Market is studied from 2017 - 2027.
What is the growth rate of Irreversible Electroporation Ablators Market?
The Irreversible Electroporation Ablators Market is growing at a CAGR of 9.1% over the next 5 years.
Who are the key players in Irreversible Electroporation Ablators Market?
AngioDynamics, Pulse Biosciences
What region does this Irreversible Electroporation Ablators Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Irreversible Electroporation Ablators Market?
Liver, Pancreas, Prostate, Others
What are the major end-use applications of Irreversible Electroporation Ablators Market?
Generator, Part, Service
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.