Ablation Devices Market
Ablation Devices Market Size And Forecast
According to Verified Market Research, the Ablation Devices Market was valued at USD 12.06 Billion in 2018 and is projected to reach USD 25.9 Billion by 2026, growing at a CAGR of 9.9% from 2019 to 2026.
Global Ablation Devices Market Outlook
The major factors responsible for the growth of the market include the rising demand for minimally invasive surgical procedures and the increasing prevalence of chronic diseases such as cancer and cardiovascular diseases. According to the World Health Organization, in 2018, incidences of cancer globally are estimated to have increased to 18.1 million new cases and 9.6 million deaths occurred. Moreover, improving medical reimbursements and advancement in healthcare technology are factors propelling the growth of the market. However, stringent government approval is a major factor that might limit the market growth. Furthermore, the high cost associated with ablation procedures, complications related to ablation procedures is some factors that might hinder the market growth.
Global Ablation Devices Market Competitive Landscape
The Global Ablation Devices Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Medtronic plc, Johnson & Johnson, Boston Scientific Corporation, AngioDynamics, Inc., Smith & Nephew plc, St. Jude Medical, Inc., Olympus Corporation, AtriCure, Inc., Conmed Corporation, and. BTG plc.
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