Cardiac Ablation Technologies Demand to Soar Amid Increasing Preference for Minimally Invasive Procedures

Fact.MR – A Market Research and Competitive Intelligence Provider: Growing prevalence of cardiovascular diseases across the globe is spurring demand for cardiac ablation technologies.

Radiofrequency Technology to Command Over Half of Sales in Cardiac Ablation Technologies Market

Fact.MR’s study on the global cardiac ablation technologies market divulges compelling insights into growth drivers, restraints, opportunities, and threats influencing sales. The report also covers recent developments across segments in terms of technology and applications.

Fact.MR – A Market Research and Competitive Intelligence Provider: Growing prevalence of cardiovascular diseases across the globe is spurring demand for cardiac ablation technologies. Ongoing technological advancements in the healthcare sector have encouraged product developments in cardiac ablation, which is further augmenting the growth of the market.

The introduction of hybrid surgical-catheter ablation is expected to help electro-physicists in performing heart surgeries with minimal invasion. Increasing preference for minimally invasive procedures across the globe is therefore a chief factor pushing sales in the cardiac ablation technologies market.

According to the study, the advent of robotic technologies will continue facilitating high accuracy and safety in the cardiac ablation process. This is expected to bode well for the market, creating opportunities for increasing sales in the forthcoming years.

In addition to this, growing acceptance of catheter ablation as the first line of treatment is anticipated to augment growth of the market. Demand for cryoablation technology is also expected to rise at a significant pace, as it offers high convenience and causes relatively less pain during the procedure.

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As per Fact.MR, counties such as China, India, Mexico, and Brazil are expected to emerge as lucrative pockets in the global cardiac ablation market. Growing prevalence of cardiovascular diseases and increasing demand for advanced technologies in the healthcare sector in these countries are expected to propel the adoption of cardiac ablation technologies in the forthcoming years.

"Increasing adoption of microwave ablation procedure for treating atrial fibrillation, along with significant government-backed investments to support the expansion of the healthcare sector across the globe will continue driving the cardiac ablation technologies market through 2026," says a Fact.MR analysts.

Key Takeaways:

  • Based on technology, the radiofrequency segment is projected to account for more than half of the total cardiac ablation technologies market share.
  • Applications of cardiac ablation technologies in arterial fibrillation are expected to gain traction at a remarkable pace through 2026.
  • Demand for cardiac ablation technologies in the U.S. is anticipated to remain high owing to growing incidence of heart diseases and rapid adoption of advanced technologies in the healthcare sector.
  • China is expected to account for a dominant share in the East Asia cardiac ablation technologies market due to expansion of the healthcare sector and growing preference for minimally invasive procedures.

Growth Drivers:

  • The introduction of 3D electro-anatomical mapping systems is expected to fuel sales in the market.
  • Ongoing technological advancements in the laser technology segment, followed by product developments are anticipated to bolster growth in the next five years.

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Competitive Landscape

Leading cardiac ablation technologies market players are investing in research and development to diversify their product portfolio. Besides this, players are investing in mergers, acquisitions, and collaborations to expand their global footprint.

For instance, in August 2021, Biosense Webster, Inc. presented the NuVision ICE catheter at the 2021 Heart Rhythm Society (HRS) meeting. A non-randomized, first-in-human clinical study found good diagnostic and procedural guidance value by using NuVision ICE catheter, which is 3D/4D catheter used in radio frequency and cryoablation procedures, and left arterial appendage (LAA) occlusion procedure.

Key Players in the Cardiac Ablation Technologies Market Include:

  • Biosense Webster, Inc.
  • Medtronic Plc.
  • Boston Scientific Corporation
  • Abbott
  • CardioFocus Inc.
  • MicroPort Scientific Corporation
  • Hansen Medical
  • Stryker Corporation

More Valuable Insights on Cardiac Ablation Technologies Market

Fact.MR provides an unbiased analysis of the cardiac ablation technologies market, presenting historical demand data (2016-2019) and forecast statistics for the period from 2020-2026. The study divulges compelling insights on the global cardiac ablation technologies market with a detailed segmentation on the basis of:

Technology:

  • Radiofrequency
  • Ultrasound
  • Cryoablation
  • Microwave
  • Laser

Application:

  • Atrial Fibrillation
  • Ventricular Tachycardia

Regions:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Key Questions Covered in Cardiac Ablation Technologies Market Report

  • The report offers insight into the cardiac ablation technologies market demand outlook for 2020-2026.
  • The market study also highlights projected sales growth for cardiac ablation technologies market between 2020 and 2026.
  • Cardiac ablation technologies market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry.
  • Cardiac ablation technologies market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others.

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Source: Fact.MR