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

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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. – PowerPoint PPT presentation

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


1
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
2
AboutFuture Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
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level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
industries including Chemicals, Materials,
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FMI is headquartered out of London, U.K., with a
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contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
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3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
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  • Salesforce
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  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
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.

5
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.

6
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.
7
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
8
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
9
Ablation Devices Market Analysis
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    Pharmaceuticals and Medical Devices Landscape
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  • About Future Market Insights (FMI)
  • Future Market Insights (FMI) is a leading
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    FMI is headquartered in London, the global
    financial capital, and has delivery centers in
    the U.S. and India. FMI's latest market research
    reports and industry analysis help businesses
    navigate challenges and take critical decisions
    with confidence and clarity amidst breakneck
    competition.

10
Ablation Devices Market Analysis
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Market,you can request a report sample with full
TOC
11
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