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 Attribute | Details |
| No. of Pages | 297 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.1 Billion |
| Forecasted Market Value (USD) by 2030 | $2.4 Billion |
| Compound Annual Growth Rate | 10.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- An Introduction to Cardiac Ablation
- Types of Cardiac Ablation Technologies
- Radiofrequency (RF) Ablation
- Electrical Energy-Based Ablation
- Cryoablation
- Ultrasound Energy-Based Ablation
- Microwave Energy-based Ablation
- Cardiac Ablation Market: Growth Prospects and Outlook
- Emerging Markets Forecast to Post High Growth
- Cardiac Ablation - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Prevalence of Cardiovascular Diseases and Related Mortality Rates Fuel Cardiac Surgical Volumes Fuel Growth in the Cardiac Ablation Market
- Leading Causes of Mortality Worldwide: Number of Deaths in Millions & % Share of Deaths by Cause for 2017
- Leading Causes of Mortality for Low-Income and High-Income Countries
- Global Cardiology and Cardiac Surgery Market: Revenues in US$ 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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