Global ablation devices market was valued at $7.5 billion in 2011 and is poised to grow at a CAGR of 10.5% to reach $12.4 billion by 2016.
(PRWEB) July 25, 2012
The “Ablation Devices Market to 2016 - (Radiofrequency, Cryoablation, Microwave, Ultrasound, Hydrothermal, Radiation, Cardiac, Cancer and Gynecology) – Global Market Forecast and Trends Analysis by Technology, Devices & Applications” analyzes and studies the major market drivers, restraints, and opportunities in Americas, Europe, Asia-Pacific, and Rest of the World.
Browse market data tables and in-depth TOC of “Ablation Devices Market to 2016 - (Radiofrequency, Cryoablation, Microwave, Ultrasound, Hydrothermal, Radiation, Cardiac, Cancer and Gynecology) – Global Market Forecast and Trends Analysis by Technology, Devices & Applications”.
Early buyers will receive 10% customization on reports.
This report studies the global ablation devices market over the forecast period 2011-2016. Ablation devices market is expected to grow at a faster rate with a CAGR of 10.5% from 2011 to 2016. The market is broadly segmented into two classes, namely, thermal and non-thermal technologies. Thermal segment consists of technologies such as electrical, radiation, light, radiofrequency, ultrasound, microwave, and hydrothermal and non-thermal segment includes cryoablation and hydromechanical.
Ablation procedure refers to a minimally invasive surgical procedure, which involves either destruction or removal of diseased or unnecessary tissue to cure the disease. It provides successful form of surgical option that has gradually become a popular alternative over invasive procedure amongst physicians and patients. The principal advantage of these procedures over surgery is short recovery time, short length scars, low risk of infection, less blood loss, and shorter hospital stays.
There have been several advances/innovations in technology in the devices used for ablation procedures in the past few years. Better safety and efficacy of these devices have contributed to the widespread adoption of ablation procedures.
Factors such as increasing aging population, technological advancements, and rising incidence of chronic diseases like cardiovascular disorders, cancer, and diseases associated with gynecology, urology and orthopedics, are driving the ablation devices market. However, the pricing pressures, economic slowdown and unstable reimbursement policies will restrict the growth of this market to a certain extent.
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252