Augmented demand for patient-centric models has been shaping the ablation devices market for many years.
Moreover, aggressive shift towards minimal invasion, reduced hospitalization rate, greater clinical efficacy, and lower cost is supporting the market growth.
Therefore, FMI projects the net revenue pool to exceed US$ 8 Bn by 2029 end.“Highly sought-after attributes such as proven procedural efficacy, enhanced safety profiles, and greater awareness are fueling the demand for ablation devices in asymptomatic procedure-related events.
Hence, the global ablation devices market will witness stellar growth at approximately 11% CAGR over the forecast period (2019-2029),” says the FMI analyst.Request report sample with 300 pages to gain in-depth insights https://www.futuremarketinsights.com/reports/sample/rep-gb-11254Key Takeaways of Ablation Devices Market StudyAdvanced ablation catheters will continue to stay atop, accounting for 68% revenue in terms of product type.Radiofrequency technology remains highly preferred by manufacturers across the globe.In terms of function, conventional ablation devices will capture leading value proportion over the forecast period.Clinics and hospitals are prominent end users on account of trained medical staff and greater availability of ablation devices.Europe and North America collectively hold 70% share in the overall market stack.Ablation Devices Market – Key Growth FactorsRising adoption of automated robotic ablation devices is stimulating the market growth.Rapid investments by governments in developed countries towards healthcare infrastructure are complementing the growth of ablation devices market.Advancements in state-of-the-art medical equipment will support the market growth over the projection period.Lesser recovery time and lesser potential risks of radiofrequency technology are boosting its wider adoption.Popularity of cryoablation catheters in treating arrhythmias will support the growth of this segment through 2029.Rising life expectancy combined with growing geriatric population are significant revenue contributors of global ablation devices market.Ablation Devices Market – Key RestraintsPotential damage caused by the use ablation devices at the cellular level is limiting the growth of market.
The medical fraternity is giving preference to treat COVID-19 patients while other elective procedures are being postponed worldwide.
Addressing the economic concerns remains the top priority of niche players in the global ablation devices market.Explore the full ablation devices market report with 238 illustrative figures, 78 data tables and table of contents.