Ablation Technology Market Size, Share, Application
Analysis, Regional Outlook, Growth Trends, Competitive
Scenario And Forecasts, 2012 To 2020: Hexa Research
The rising prevalence of chronic diseases such as cancer coupled with the increasing demand of
minimally invasive procedures for the diagnosis of these diseases are the major factors driving the global
ablation technology market. The ablation technology helps to execute minimally invasive procedures
which entail the surgical removal of body tissues. The lower risk of infection, cost effectiveness, quick
recovery and the lower risk of damage to tissues are the key factors propelling the global ablation
technology market. In addition, rapidly increasing geriatric population all over the world and
government initiatives in various countries have led to the growth in demand of ablation technology
market. Various newly emerging economies in the market such as China, India, Brazil and Russia are
adopting ablation procedures owing to its lower risk and high success rates for diagnosis of chronic
diseases. The rising per capita expenditure on healthcare and constantly rising demand for minimally
invasive procedures are the factors expected to further fuel the ablation technology market over the
forecast period.
The global ablation technology market on the basis of technology is segmented into ultrasound,
electrical, radiofrequency and radiation. As of 2013, the radiation technology dominated the entire
ablation technology market owing to its applicability in the diagnosis of cancer. Rising prevalence of
cancer and availability of several radiation devices in the market are also the factors fueling the
radiation technology market. Owing to the increasing incidences of cardiovascular diseases such as atrial
fibrillation, and increasing usage of electrical ablation for the treatment of these diseases, the electrical
ablation segment is expected to show lucrative growth in the ablation...