DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/755tbc/ablation) has announced the addition of the "Ablation Technologies Market - Global Forecasts to 2020" report to their offering.
The global market for ablation technologies is expected to be valued at USD 2.70 Billion in 2015, growing at a CAGR of 10.5% during the forecast period to reach 4.44 Billion in 2020.
This market is mainly driven by factors such as rising incidence/prevalence of target diseases such as cancer, technological advancements, growing demand for minimally invasive procedures, and rapid growth in the aging population having higher risk of target diseases. On the other hand, stringent regulatory requirements for product approvals, healthcare cost containment initiatives taken by various governments, and high cost of ablation devices are the key challenges faced by leading players in the global market.
North America (comprising the U.S. and Canada) is expected to account for the largest share of the global ablation technologies market, followed by Europe in 2015. The Asia-Pacific market for ablation technologies is projected to grow at the highest CAGR during the forecast period.
The significant growth reported by the APAC region is propelled by factors such as large target patient population, growing preferences for minimally invasive treatment procedures, geographical expansions of the global market players in the APAC region, and increasing government healthcare expenditures.
Ablation technologies is an attractive market for new entrants owing to the significant growth potential and high returns on investment on ablation products.
- Angiodynamics, Inc.
- Atricure, Inc.
- Biosense Webster, Inc. (A Subsidiary of Johnson & Johnson Inc.)
- Boston Scientific Corporation
- Conmed Corporation
- Galil Medical Inc.
- Medtronic Plc
- Olympus Corporation
- Smith & Nephew
- St. Jude Medical, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Ablation Technologies Market, By Type
7 Global Ablation Technologies Market, By Product
8 Global Ablation Technologies Market, By Application
9 Global Ablation Technologies Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/755tbc/ablation