1 / 11

Global Ablation Devices Market Projected to Witness a Measurable Downturn; COVID-19 Outbreak Remains a Threat to Growth

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.<br><br>

vijaykundekar
Download Presentation

Global Ablation Devices Market Projected to Witness a Measurable Downturn; COVID-19 Outbreak Remains a Threat to Growth

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  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 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights Category : Healthcare, Pharmaceuticals & Medical Devices © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

  2. About Future 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 insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  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. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  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. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Ablation Devices Market Analysis Ablation Devices Market - Key Restraints Potential damage caused by the use ablation devices at the cellular level is limiting the growth of market. Market players require extensive R&D 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. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  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/covid19/rep-gb-11254 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  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-Devices-Market-Poised-for- Stellar-Growth-Through-2029-COVID-19-Outbreak-Briefly-Derails-the-Market-Future- Market-Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. Ablation Devices Market Analysis Explore Extensive Coverage of FMI's Healthcare, Pharmaceuticals and Medical Devices Landscape • Medical Mask Market • Dental Hygiene Devices Market • Veterinary Pain Management Drugs Market About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. 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. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

  10. Ablation Devices Market Analysis Contact Us: Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights Click here to Order a free sample For more insights on the Ablation Devices Market, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

  11. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 11 © 2019 Future Market Insights, All Rights Reserved

More Related