TechNavio recognizes the following companies as the key players in the Global Ablation Technologies Market: Boston Scientific Corp., Covidien plc, Medtronic Inc., and Smith and Nephew plc.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”One of the upcoming trends in the Global Ablation Technology market is the rapid advancements in technology using ablation technology devices. Although the market for ablation technology devices is at a mature stage, the level of technology is still at a nascent stage; more devices with cutting-edge technology are expected to be introduced in the near future. Recently, laser ablation devices have been introduced to perform precise ablation of body tissue; these devices run on a laser energy transmission mechanism using fiber optics. This kind of device is used in transmyocardial revascularization and angioplasty. Another major advancement is the usage of catheter ablation for atrial fibrillation, which is commonly used to control tachy-arrhythmia. Thus, the rapid advancement in technology is an emerging trend that has a strong impact on the market.”
According to the report, there is a strong demand for MIS, which is fast gaining in popularity because of its advantages such as reduced pain, smaller scars, faster recovery, smaller incisions, minimal blood loss, non-requirement of hospitalization, and cost savings. Advanced medical devices such as endoscopy, biopsy, and diabetes devices are based on the concept of MIS. Thus, the increasing demand for MIS devices will have a positive impact on the growth of the market during the forecast period.
Further, the report states that a key challenge in this market is the variations in regulations for the approval of ablation devices in many countries. The regulatory framework is not the same across the globe, and its variation poses a serious challenge for multinational healthcare companies.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Accuray Inc., Alcon Laboratories Inc., AngioDynamics Inc., Arthrocare Corp., Atricure Inc., ATS Medical Inc., BSD Medical Corporation, C.R. Bard Inc., Candela Corp., CardioGenesis Corp., CermaVEIN SAS, ConMed Corporation, EDAP TMS S.A., Elekta AB, Endo Health Solutions Inc., Galil Medical Ltd., HealthTronics Inc., Hologic Inc., Idoman Ltd, Maquet Holding GmbH & Co. KG, Microsulis Medical Ltd, Misonix Inc., nContact Surgical Inc., Olympus Corp., Relievant Medsystems, Solta Medical Inc., Syneron Medical Ltd., TheraGenics Corp., Urologix Inc., VNUS Medical Technologies Inc., and Zeltiq Aesthetics Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-ablation-technologies-market-201…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research Report – Global Ablation Technologies Market 2012-2016
