North America Ablation Devices Market

North America Ablation Devices Market

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raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Vishal

Editor :

Vishal Golekar

North America Ablation Devices Market Outloook

The North America Ablation Devices Market size was valued at USD 3.33 Billion in 2022 and is expected to surpass USD 8.45 Billion by 2031, expanding at a CAGR of 10.9% during the forecast period, 2023–2031. The growth of the market is attributed to rising incidence of diseases such as cancer and cardiac ailments.

Ablation is a procedure to treat atrial fibrillation means removal of a body parts or tissues or even its function. It is performed by surgery, hormones, drugs, and heat. This procedure can use either freezing cold liquid or hot liquids, which can help the heart maintain a normal heart rhythm.

Microwave ablation, high energy radiofrequency ablation, thermal balloon ablation, laser ablation, and cryoablation are some commonly used methods in ablation therapy.

North America Ablation Devices Market Outlook

North America Ablation Devices Market Trends, Drivers, Restraints, and Opportunities

  • Increasing number of people suffering from long-term diseases is projected to boost the market growth in the coming years.

  • Rising economy in developed and developing technologies is expected to spur the market growth during the forecast period.

  • Growing support from the government through investments is anticipated to drive the market growth during the forecast period.

  • Rising number of the aging population is projected to boost the market growth in the coming years.

  • Increasing gestation period for product launches can create challenges for the market growth.

  • High cost of ablation procedures is estimated to restrict the market growth.

  • Lack of reimbursement in some areas can restrain the market growth.

  • Increasing demand for minimally invasive surgical procedures has led to new opportunities in the market.

Scope of Ablation Devices Market Report

The report on the North America ablation devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Ablation Devices Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Radiofrequency Devices, Laser/Light Ablation, Ultrasound Devices, Cryoablation Devices, and Others), Applications (General Surgeries, Cardiovascular Disease Treatments, Cancer Treatments, Ophthalmological Treatments, Gynecological Treatments, Urological Treatments, Cosmetic Surgeries, and Others), and End-users (Hospitals, Ambulatory Surgical Centers, and Others)

Geography

The US, Canada, and Mexico

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

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

North America Ablation Devices Market Segment Insights

Laser/light ablation segment to hold a significant market share

On the basis of types, the market is divided into radiofrequency devices, laser/light ablation, ultrasound devices, cryoablation devices, and others. The radiofrequency devices segment is anticipated to hold a key share of the market in the coming years due to minimal costs associated with ablation procedures.

However, the laser/light ablation devices segment is anticipated to expand at a rapid pace during the forecast period due to increasing number of surgeries.

North America Ablation Devices Market Types

Cancer treatments segment is projected to expand at a considerable CAGR

Based on applications, the market is segregated into general surgeries, cardiovascular disease treatments, cancer treatments, ophthalmological treatments, gynecological treatments, urological treatments, cosmetic surgeries, and others.

The cardiovascular disease treatments segment is expected to represent a key share of the market in the upcoming years due to increasing risk of cardiac arrest and growing demand to promote new technologies.

On the other hand, the cancer treatments segment is anticipated to expand at a rapid pace during the forecast period owning to rising requirement to improve healthcare infrastructure.

Ambulatory surgical centers segment to hold a significant market share

On the basis of end-users, the market is divided into hospitals, ambulatory surgical centers, and others. The ambulatory surgical centers segment is anticipated to hold a key share of the market in the coming years due to lower infection rates compared to hospitals and lower costs. However, the hospitals segment is anticipated to expand at a rapid pace during the forecast period.

North America Ablation Devices Market End Users

North America Ablation Devices Market Regional Outlook

Canada is estimated to account a major market share

In terms of regions, the market is classified as the US, Canada, and Mexico. The US is expected to constitute a key share of the market during the projected period due to increasing healthcare centers with the new ablation technology. However, the market in Canada is anticipated expand at a rapid pace during the forecast period owing to increasing geriatric population.

Segments

Types

  • Radiofrequency Devices
  • Laser/Light Ablation
  • Ultrasound Devices
  • Cryoablation Devices
  • Others

Applications

  • General Surgeries
  • Cardiovascular Disease Treatments
  • Cancer Treatments
  • Ophthalmological Treatments
  • Gynecological Treatments
  • Urological Treatments
  • Cosmetic Surgeries
  • Others

End-users

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

Geography

  • The US
  • Canada
  • Mexico

Key Players

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

Competitive Landscape

Key players competing in the North America ablation devices market includes Abbott; AngioDynamics, Inc.; AtriCure, Inc.; Boston Scientific Corporation; BTG plc; Conmed Corporation; Johnson and Johnson; Medtronic PLC; Olympus Corporation; and Smith & Nephew PLC.

Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

North America Ablation Devices Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ablation Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Ablation Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Ablation Devices Market - Supply Chain
  4.5. Global Ablation Devices Market Forecast
     4.5.1. Ablation Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Ablation Devices Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Ablation Devices Market Absolute $ Opportunity
5. Global Ablation Devices Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Ablation Devices Market Size and Volume Forecast by Types
     5.3.1. Radiofrequency Devices
     5.3.2. Laser/Light Ablation
     5.3.3. Ultrasound Devices
     5.3.4. Cryoablation Devices
     5.3.5. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Ablation Devices Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Ablation Devices Market Size and Volume Forecast by Applications
     6.3.1. General Surgeries
     6.3.2. Cardiovascular Disease Treatments
     6.3.3. Cancer Treatments
     6.3.4. Ophthalmological Treatments
     6.3.5. Gynecological Treatments
     6.3.6. Urological Treatments
     6.3.7. Cosmetic Surgeries
     6.3.8.  
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Ablation Devices Market Analysis and Forecast by End Users
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by End Users
     7.2.2. Y-o-Y Growth Projections by End Users
  7.3. Ablation Devices Market Size and Volume Forecast by End Users
     7.3.1. Hospitals
     7.3.2. Ambulatory Surgical Centers
     7.3.3. Others
  7.4. Absolute $ Opportunity Assessment by End Users
  7.5. Market Attractiveness/Growth Potential Analysis by End Users
8. Global Ablation Devices Market Analysis and Forecast by Region
  8.1. Market Trends
  8.2. Introduction
     8.2.1. Basis Point Share (BPS) Analysis by Region
     8.2.2. Y-o-Y Growth Projections by Region
  8.3. Ablation Devices Market Size and Volume Forecast by Region
     8.3.1. North America
     8.3.2. Latin America
     8.3.3. Europe
     8.3.4. Asia Pacific
     8.3.5. Middle East and Africa (MEA)
  8.4. Absolute $ Opportunity Assessment by Region
  8.5. Market Attractiveness/Growth Potential Analysis by Region
  8.6. Global Ablation Devices Demand Share Forecast, 2019-2026
9. North America Ablation Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
  9.2. North America Ablation Devices Market Size and Volume Forecast by Country
     9.2.1. U.S.
     9.2.2. Canada
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. North America Ablation Devices Market Size and Volume Forecast by Types
     9.4.1. Radiofrequency Devices
     9.4.2. Laser/Light Ablation
     9.4.3. Ultrasound Devices
     9.4.4. Cryoablation Devices
     9.4.5. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. North America Ablation Devices Market Size and Volume Forecast by Applications
     9.7.1. General Surgeries
     9.7.2. Cardiovascular Disease Treatments
     9.7.3. Cancer Treatments
     9.7.4. Ophthalmological Treatments
     9.7.5. Gynecological Treatments
     9.7.6. Urological Treatments
     9.7.7. Cosmetic Surgeries
     9.7.8.  
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. North America Ablation Devices Market Size and Volume Forecast by End Users
     9.10.1. Hospitals
     9.10.2. Ambulatory Surgical Centers
     9.10.3. Others
  9.11. Basis Point Share (BPS) Analysis by End Users
  9.12. Y-o-Y Growth Projections by End Users
  9.13. Market Attractiveness/Growth Potential Analysis
     9.13.1. By Country
     9.13.2. By Product Type
     9.13.3. By Application
  9.14. North America Ablation Devices Demand Share Forecast, 2019-2026
10. Latin America Ablation Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Latin America Average Pricing Analysis
  10.2. Latin America Ablation Devices Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
  10.4. Latin America Ablation Devices Market Size and Volume Forecast by Types
     10.4.1. Radiofrequency Devices
     10.4.2. Laser/Light Ablation
     10.4.3. Ultrasound Devices
     10.4.4. Cryoablation Devices
     10.4.5. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Latin America Ablation Devices Market Size and Volume Forecast by Applications
     10.7.1. General Surgeries
     10.7.2. Cardiovascular Disease Treatments
     10.7.3. Cancer Treatments
     10.7.4. Ophthalmological Treatments
     10.7.5. Gynecological Treatments
     10.7.6. Urological Treatments
     10.7.7. Cosmetic Surgeries
     10.7.8.  
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Latin America Ablation Devices Market Size and Volume Forecast by End Users
     10.10.1. Hospitals
     10.10.2. Ambulatory Surgical Centers
     10.10.3. Others
  10.11. Basis Point Share (BPS) Analysis by End Users
  10.12. Y-o-Y Growth Projections by End Users
  10.13. Market Attractiveness/Growth Potential Analysis
     10.13.1. By Country
     10.13.2. By Product Type
     10.13.3. By Application
  10.14. Latin America Ablation Devices Demand Share Forecast, 2019-2026
11. Europe Ablation Devices Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Europe Average Pricing Analysis
  11.2. Europe Ablation Devices Market Size and Volume Forecast by Country
     11.2.1. Germany
     11.2.2. France
     11.2.3. Italy
     11.2.4. U.K.
     11.2.5. Spain
     11.2.6. Russia
     11.2.7. Rest of Europe
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Europe Ablation Devices Market Size and Volume Forecast by Types
     11.4.1. Radiofrequency Devices
     11.4.2. Laser/Light Ablation
     11.4.3. Ultrasound Devices
     11.4.4. Cryoablation Devices
     11.4.5. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Europe Ablation Devices Market Size and Volume Forecast by Applications
     11.7.1. General Surgeries
     11.7.2. Cardiovascular Disease Treatments
     11.7.3. Cancer Treatments
     11.7.4. Ophthalmological Treatments
     11.7.5. Gynecological Treatments
     11.7.6. Urological Treatments
     11.7.7. Cosmetic Surgeries
     11.7.8.  
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Europe Ablation Devices Market Size and Volume Forecast by End Users
     11.10.1. Hospitals
     11.10.2. Ambulatory Surgical Centers
     11.10.3. Others
  11.11. Basis Point Share (BPS) Analysis by End Users
  11.12. Y-o-Y Growth Projections by End Users
  11.13. Market Attractiveness/Growth Potential Analysis
     11.13.1. By Country
     11.13.2. By Product Type
     11.13.3. By Application
  11.14. Europe Ablation Devices Demand Share Forecast, 2019-2026
12. Asia Pacific Ablation Devices Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Asia Pacific Average Pricing Analysis
  12.2. Asia Pacific Ablation Devices Market Size and Volume Forecast by Country
     12.2.1. China
     12.2.2. Japan
     12.2.3. South Korea
     12.2.4. India
     12.2.5. Australia
     12.2.6. Rest of Asia Pacific (APAC)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Asia Pacific Ablation Devices Market Size and Volume Forecast by Types
     12.4.1. Radiofrequency Devices
     12.4.2. Laser/Light Ablation
     12.4.3. Ultrasound Devices
     12.4.4. Cryoablation Devices
     12.4.5. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Asia Pacific Ablation Devices Market Size and Volume Forecast by Applications
     12.7.1. General Surgeries
     12.7.2. Cardiovascular Disease Treatments
     12.7.3. Cancer Treatments
     12.7.4. Ophthalmological Treatments
     12.7.5. Gynecological Treatments
     12.7.6. Urological Treatments
     12.7.7. Cosmetic Surgeries
     12.7.8.  
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Asia Pacific Ablation Devices Market Size and Volume Forecast by End Users
     12.10.1. Hospitals
     12.10.2. Ambulatory Surgical Centers
     12.10.3. Others
  12.11. Basis Point Share (BPS) Analysis by End Users
  12.12. Y-o-Y Growth Projections by End Users
  12.13. Market Attractiveness/Growth Potential Analysis
     12.13.1. By Country
     12.13.2. By Product Type
     12.13.3. By Application
  12.14. Asia Pacific Ablation Devices Demand Share Forecast, 2019-2026
13. Middle East & Africa Ablation Devices Market Analysis and Forecast
  13.1. Introduction
     13.1.1. Basis Point Share (BPS) Analysis by Country
     13.1.2. Y-o-Y Growth Projections by Country
     13.1.3. Middle East & Africa Average Pricing Analysis
  13.2. Middle East & Africa Ablation Devices Market Size and Volume Forecast by Country
     13.2.1. Saudi Arabia
     13.2.2. South Africa
     13.2.3. UAE
     13.2.4. Rest of Middle East & Africa (MEA)
  13.3. Absolute $ Opportunity Assessment by Country
  13.4. Middle East & Africa Ablation Devices Market Size and Volume Forecast by Types
     13.4.1. Radiofrequency Devices
     13.4.2. Laser/Light Ablation
     13.4.3. Ultrasound Devices
     13.4.4. Cryoablation Devices
     13.4.5. Others
  13.5. Basis Point Share (BPS) Analysis by Types
  13.6. Y-o-Y Growth Projections by Types
  13.7. Middle East & Africa Ablation Devices Market Size and Volume Forecast by Applications
     13.7.1. General Surgeries
     13.7.2. Cardiovascular Disease Treatments
     13.7.3. Cancer Treatments
     13.7.4. Ophthalmological Treatments
     13.7.5. Gynecological Treatments
     13.7.6. Urological Treatments
     13.7.7. Cosmetic Surgeries
     13.7.8.  
  13.8. Basis Point Share (BPS) Analysis by Applications
  13.9. Y-o-Y Growth Projections by Applications
  13.10. Middle East & Africa Ablation Devices Market Size and Volume Forecast by End Users
     13.10.1. Hospitals
     13.10.2. Ambulatory Surgical Centers
     13.10.3. Others
  13.11. Basis Point Share (BPS) Analysis by End Users
  13.12. Y-o-Y Growth Projections by End Users
  13.13. Market Attractiveness/Growth Potential Analysis
     13.13.1. By Country
     13.13.2. By Product Type
     13.13.3. By Application
  13.14. Middle East & Africa Ablation Devices Demand Share Forecast, 2019-2026
14. Competition Landscape
  14.1. Global Ablation Devices Market: Market Share Analysis
  14.2. Ablation Devices Distributors and Customers
  14.3. Ablation Devices Market: Competitive Dashboard
  14.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     14.4.1. Abbott
     14.4.2. AngioDynamics, Inc.
     14.4.3. AtriCure, Inc.
     14.4.4. Boston Scientific Corporation
     14.4.5. BTG plc
     14.4.6. Conmed Corporation
     14.4.7. Johnson and Johnson
     14.4.8. Medtronic PLC&a

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