Ultrasonic Tissue Ablation System Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Abbott, AngioDynamics Inc., AtriCure Inc

Registering a CAGR of 9.4% over the forecast period, the market value of Ultrasonic Tissue Ablation System is expected to reach US$ 8200 million in the year 2027.

Ultrasonic Tissue Ablation System Market Overview

The growing elderly population has also increased the prevalence of target conditions, increasing the demand for effective treatment. However, device reuse and reprocessing in developed countries, as well as an unfavorable regulatory environment, are key factors limiting the market's growth. Product recalls and therapeutic challenges related to the efficacy of ablation products are significant challenges confronting industry participants in the global ablation technology market.

Minimally invasive procedures have seen a significant increase in demand in recent years due to the benefits they provide over traditional treatment procedures—fewer operative complications, shorter hospitalization, less pain, smaller & more cosmetic incisions, lower risk of infection, reduced post-operative care, and faster recovery. Advanced technologies are used in minimally invasive procedures to diagnose and treat a variety of diseases, including cancer. These techniques are used to remove cancer tumors and lymph nodes without leaving scars. Minimally invasive techniques also aid surgeons in tissue collection for biopsy and accurate staging studies. This enables surgeons to devise precise cancer treatment plans.

The report aspects discussed the profile of the top manufacturers of the global Ultrasonic Tissue Ablation System market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Ultrasonic Tissue Ablation System Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in the Ultrasonic Tissue Ablation System Market?

The global Ultrasonic Tissue Ablation System includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Abbott, AngioDynamics Inc., AtriCure Inc., Boston Scientific Corporation, BTG plc, Conmed Corporation, Johnson and Johnson, Medtronic PLC, Olympus Corporation, Smith & Nephew PLC and others.

Industry News and Updates:

In June 2021, Boston Scientific announced the acquisition of FARAPULSE's remaining shares. Boston Scientific's electrophysiology segment was strengthened by the acquisition, which added pulsed-field ablation technology to its portfolio.

In January 2019, Medtronic has agreed to buy EPIX Therapeutics, Inc. (EPIX), a private company that develops and manufactures a catheter-based, temperature-controlled cardiac ablation system to treat patients with cardiac arrhythmias (irregular heartbeats), including AF.

What are the major Applications, Types, and Regions for the Ultrasonic Tissue Ablation System Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• HIFU


• MRgFUS

By Application, it is segmented into

• Uterine Fibroids


• Other Cancers

Ultrasonic Tissue Ablation System Market Regional Analysis

Over the forecast period, North America will dominate the market.

Emerging markets, such as India, China, Mexico, and Brazil, offer significant growth opportunities in the ablation technology market, owing to factors such as initiatives undertaken by stakeholders across these countries, low regulatory barriers for trade, continuous improvements in healthcare infrastructure, a growing patient population, relatively low procedural costs for disease treatment (compared to developed countries), less stringent regulatory policies, and lax regulatory policies. Furthermore, these regions have seen an increase in the incidence and prevalence of lifestyle diseases such as cardiovascular disease and cancer.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Ultrasonic Tissue Ablation System Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Ultrasonic Tissue Ablation System Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Ultrasonic Tissue Ablation System Market report scope?

Scope of the Report covers Ultrasonic Tissue Ablation System Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Ultrasonic Tissue Ablation System Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Key Takeaways from this Ultrasonic Tissue Ablation System Report

• Evaluate Ultrasonic Tissue Ablation System market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Ultrasonic Tissue Ablation System market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Ultrasonic Tissue Ablation System Market is studied from 2017 - 2027.

What is the growth rate of the Ultrasonic Tissue Ablation System Market?

The Ultrasonic Tissue Ablation System Market is growing at a CAGR of 9.4% over the next 5 years.

Who are the key players in Ultrasonic Tissue Ablation System Market?

Abbott, AngioDynamics, Inc., AtriCure, Inc., Boston Scientific Corporation, BTG plc, Conmed Corporation, Johnson and Johnson, Medtronic PLC, Olympus Corporation, Smith & Nephew PLC

What regions does this Ultrasonic Tissue Ablation System Market report cover?

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 Ultrasonic Tissue Ablation System Market?

HIFU, MRgFUS

What are the major end-use applications of Ultrasonic Tissue Ablation System Market?

Uterine Fibroids, Other Cancers

 

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