Ablation Devices Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies

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Global Ablation Devices Market on a Steady Growth
Trail FMI Provides Projections in Light of
COVID-19 Pandemic in its New Revised Report

• April 2020

Report Id REP-GB-11254 Published On
09-Apr-2020 Category Healthcare,
Pharmaceuticals Medical Devices
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Ablation Devices Market Analysis

• 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.
• Key Takeaways of Ablation Devices Market Study
• Advanced 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.

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Ablation Devices Market Analysis

• 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 Factors
• Rising 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.

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Ablation Devices Market Analysis
Ablation Devices Market - Key Restraints Potentia
l damage caused by the use ablation devices at
the cellular level is limiting the growth of
market. Market players require extensive RD
undertakings to develop new and safer ablation
techniques and also address the unmet needs of
the market. Impact of COVID-19 on Ablation
Devices Market Greater prevalence of tumors and
cardiovascular diseases has been driving the
global ablation devices market. However, that
growth was halted when the COVID-19 pandemic
began to sweep the globe. Top players face new
challenges and continue to devise new strategies
to counter the aftereffects. The medical
fraternity is giving preference to treat COVID-19
patients while other elective procedures are
being postponed worldwide. Moreover, the pace at
which SARS-CoV-2 outbreak is spreading around the
world makes it even more challenging for industry
leaders to respond accordingly. Addressing the
economic concerns remains the top priority of
niche players in the global ablation devices
market.
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Ablation Devices Market Analysis
Competitive Landscape The global ablation
devices market is highly competitive in nature.
Some of the prominent players featured in this
FMI study include, but are not limited to,
AngioDynamics Inc., Hologic, Inc., Boston
Scientific, and Medtronic. Product launches and
continuous upgradation are major strategies
followed by top players in order to gain an upper
edge in the ablation devices market. For
instance, Hologic, Inc., introduced NovaSure
ADVANCED (2017), a next-generation Global
Endometrial Ablation (GEA) system which received
approval by The Food and Drug Administration
(FDA). Such differentiating strategies are being
adopted by local and regional players in the
ablation devices as well. These growth-oriented
steps are crucial for market players to sustain
their leadership. Request for covid19 Impact
Analysis https//www.futuremarketinsights.com/cov
id19/rep-gb-11254
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Ablation Devices Market Analysis
More about the Report This Future Market
Insights study of 300 pages provides
all-inclusive insights on the global ablation
devices market. The market analysis is based on
product type (bipolar energy ablation devices,
cryotherapy ablation devices, hydrothermal
ablation devices, thermal balloon ablation
devices, advanced ablation catheters, standard
ablation catheters, MRI guided neurosurgical
ablation), technology (laser, radiofrequency,
microwave, ultrasound), application
(cardiovascular, cancer, urological, ophthalmic),
functional (automated robotics, conventional),
end user ( hospitals, ambulatory surgical
centers, clinics) across seven regions (North
America, Latin America, Europe, South Asia, East
Asia, Oceania, Middle East Africa). Source
Link https//www.accesswire.com/586324/Ablation-D
evices-Market-Poised-for-Stellar-Growth-Through-20
29-COVID-19-Outbreak-Briefly-Derails-the-Market-Fu
ture-Market-Insights
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Ablation Devices Market Analysis

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Ablation Devices Market Analysis
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