Global Cardiac Ablation Strategic Business Report 2023: Innovative Technologies Assist in Enhancing AF Ablation Process


Dublin, June 15, 2023 (GLOBE NEWSWIRE) -- The "Cardiac Ablation: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Cardiac Ablation estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$2.4 Billion by 2030, growing at a CAGR of 10.6% over the analysis period 2022-2030.

Radiofrequency (RF) Ablation, one of the segments analyzed in the report, is projected to record a 11.2% CAGR and reach US$1.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Electrical Ablation segment is readjusted to a revised 9.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $522.7 Million, While China is Forecast to Grow at 15.2% CAGR

The Cardiac Ablation market in the U.S. is estimated at US$522.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$196.5 Million by the year 2030 trailing a CAGR of 15.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.3% and 9.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.

Select Competitors (Total 16 Featured) -

  • Abbott Laboratories
  • Alcon Laboratories, Inc.
  • AngioDynamics, Inc.
  • AtriCure, Inc.
  • Biosense Webster, Inc.
  • Boston Scientific Corporation
  • ConMed Corporation
  • Medtronic PLC
  • Olympus Corporation

Key Attributes:

Report AttributeDetails
No. of Pages297
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.1 Billion
Forecasted Market Value (USD) by 2030$2.4 Billion
Compound Annual Growth Rate10.2%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • An Introduction to Cardiac Ablation
  • Types of Cardiac Ablation Technologies
  • Radiofrequency (RF) Ablation
  • Electrical Energy-Based Ablation
  • Cryoablation
  • Ultrasound Energy-Based Ablation
  • Microwave Energy-based Ablation
  • Cardiac Ablation Market: Growth Prospects and Outlook
  • Emerging Markets Forecast to Post High Growth
  • Cardiac Ablation - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rising Prevalence of Cardiovascular Diseases and Related Mortality Rates Fuel Cardiac Surgical Volumes Fuel Growth in the Cardiac Ablation Market
  • Leading Causes of Mortality Worldwide: Number of Deaths in Millions & % Share of Deaths by Cause for 2017
  • Leading Causes of Mortality for Low-Income and High-Income Countries
  • Global Cardiology and Cardiac Surgery Market: Revenues in US$ Billion for the Years 2017, 2019, 2021 and 2023
  • Aging Global Population at High Risk of Cardiac Illnesses Present Favorable Outlook for Cardiac Ablation Market
  • Expanding Elderly Population Worldwide: Breakdown of Number of People Aged 65+ Years in Million by Geographic Region for the Years 2019 and 2030
  • As Cardiovascular Disease Prevalence Increases at a Strong Rate in Developing Economies, Tremendous Potential Exists for Cardiac Ablation Market
  • Growing Significance of Cardiac Ablation for Cardiac Rhythm Management
  • Rising Incidence of Atrial Fibrillation: An Opportunity for Cardiac Ablation Market
  • Incidence of Atrial Fibrillation Per Million Population in United States (in %): 2000-2020
  • Ranking of Factors for Incidence of Atrial Fibrillation
  • Innovative Technologies Assist in Enhancing AF Ablation Process
  • Ablation Found to be Effective for AF Compared to Medications
  • Ablation Technology for Supra-venticular Tachycardia
  • Shift towards Minimally Invasive Surgeries Fuels Demand for Cardiac Ablation Procedures
  • Minimally Invasive Catheter Ablation Continues to Gain Prominence in Cardiac Procedures
  • RF Ablation Emerges as a Preferred Treatment Option for Cardiac Arrhythmias
  • Cryoablation for Treatment of AF: Minimally Invasive Procedure Favors Adoption
  • MRI-Guided Cardiac Ablation Market
  • Hybrid Ablation Procedure for Treatment of Atrial Fibrillation: Addressing the Limitations of Traditional Treatments
  • Technological Advancements Broaden Adoption of Cardiac Ablation Technology
  • Advanced 3D Electrophysiology Mapping and Imaging Systems
  • Cryoballoon Ablation Catheters
  • Laser Balloon Ablation Catheters
  • Contact-Force Technology

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/z5rol1

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Global Market for Cardiac Ablation

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