The global cardiac ablation market is anticipated to grow at a CAGR of 12% during the forecast period. The key factors contributing to the market growth include the growing geriatric population coupled with the rise in cardiovascular diseases and technological advancement in the field of ablation devices. The measures taken by governments and healthcare reforms in the US are driving the growth of the market. Emerging countries such as India, China, and Mexico have the growth opportunities for vendors that involve in manufacturing and distribution of products in cardiac ablation. Factors such as rising adoption of ablation in the treatment of cardiac disorders and increasing market penetration of products are providing growth opportunities in the cardiac ablation industry.
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Other factors that are spurring the growth of the global cardiac ablation market include the rising adoption of minimally invasive surgeries and innovations in catheters and cardiac procedures. Cardiac ablation is a procedure to destroy the tissues in the heart that is responsible for producing abnormal rhythm in the heart. Cardiac ablation is widely used in the treatment of Arrhythmias, Atrial Fibrillation (AF), Wolff-Parkinson-White (WPW) Syndrome, Tachycardia, Atrial Flutter, and others. All these are major applications of cardiac ablation that is augmenting the demand for cardiac ablation procedure in the market. There are various benefits offered by the cardiac ablation procedures such as the low risk of complication, quick recovery and higher success rate.
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Global Cardiac Ablation Market Segmentation
- Radio Frequency Ablation
- Microwave Ablation
- Ultrasound Ablation
- Cardiac Rhythm Management
- Open Surgery
- United States
- Rest of Europe
- Rest of APAC
Rest of The World
- Abbott Laboratories Inc.
- Ablacor Medical Corp.
- AngioDynamics, Inc.
- Atricure Inc.
- Auris Health, Inc.
- Baren-Boym Co.
- Biotronik SE & Co. KG
- Boston Scientific Corp.
- CardioFocus, Inc.
- ConMed Corp.
- Johnson & Johnson Services, Inc.
- Koninklijke Philips N.V.
- Medtronic PLC
- MicroPort Scientific Corp.
- Osypka AG
- Siemens AG
- Stryker Corp.
- TORAY INDUSTRIES, INC.
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