Title: Niks01 (1)
1Cardiac Ablation Market trends research and
projections for 2020- 2026
- A research study conducted by Global Market
Insights, Inc., predicts that cardiac ablation
market size is expected to surpass 6.5 billion
by 2026. - Rising prevalence of cardiovascular diseases
(CVDs) and increasing pace of population aging
are offering momentum to the growth of cardiac
ablation market size. - Demand for cardiac ablation procedure is likely
to mount owing to increasing cases of
cardiovascular diseases and expanding geriatric
population pool. - Among the various types of ablators, such as
radiofrequency, ultrasound, cryoablation, and
others, ultrasound ablators are witnessing
substantial demand.
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2- Increasing cases of cardiovascular disorders in
Germany - Incidents of cardiovascular diseases in Germany
are increasing at a high rate. People are
becoming more aware about the availability of
advanced medical facilities for effective
treatment of such diseases. Germany is one of the
economically and technologically developed
countries with the presence of several major
cardiac ablation industry players. The regional
industry players are endeavoring to expand their
geographical footprints by acquiring domestic
firms, which will offer expeditious growth
opportunities to cardiac ablation market. Germany
cardiac ablation industry is slated to record a
12.7 CAGR over the forecast period.
- Technological innovations and partnerships to
define the strategic roadmap - Cardiac ablation market participants are pursuing
various business strategies, such as product
innovations, collaborations, mergers to
strengthen their foothold in the market. For
instance, in April 2018, MicroPort Scientific
Corporation acquired cardiac rhythm management
arm of LivaNova to extend its cardiovascular
portfolio. The acquisition helped the company
reinforce its presence in the electrophysiology
industry.
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4- U.S. cardiac ablation market should witness
robust growth owing to rising number of patients
affecting from cardiac diseases by 2019 to 2025.
For instance, approximately 519,951 inpatient
ablation procedures were conducted in the U.S.
between 2000 and 2013 and a positive trend is
estimated to be followed over the forecast
period. Access to technologically advanced
products in the country will further contribute
to growing adoption of cardiac ablation in
upcoming years.
- Key players operating in the industry are Abbott
Laboratories (St. Jude Medical), AngioDynamics,
Inc, AtriCure Inc., Biosense Webster (Johnson
Johnson), Biotronik SE Co. KG, Boston
Scientific Corporation, Japan Lifeline, Medtronic
plc, MicroPort Scientific Corporation,
Stereotaxis, Inc.
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