Cardiac Ablation Market Revolutionary Trends in Industry Growth Statistics By 2030
Growth of geriatric population, as well as rapid urbanization causing an increase in air pollution levels, are major factors significantly driving the growth of the market
The global Cardiac Ablation Market size was USD 3.29 Billion in 2021 and is
expected to register a revenue CAGR of 14.2% during the forecast period.
Growing number of patients suffering from cardiovascular diseases, increasing
technological advancements in cardiac ablation equipment, and rising demand for
minimally invasive procedures are a few of the key factors expected to drive
market revenue growth. Moreover, growing elderly population is increasing
demand for cardiac ablation. Various heart conditions such as Atrial
Fibrillation (AFib) which is a type of irregular heartbeat, can be treated
through cardiac ablation, especially when medications and cardioversion do not
work.
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Major Companies:
Competitive landscape of global cardiac ablation
market is moderately fragmented with many key companies operating at global and
regional levels. Major companies are engaged in research and development
initiatives and testing, and entering into alliances to develop and introduce
more novel and innovative products and services. Some major companies in the
global market report include Abbott, Medtronic, AngioDynamics, Atricure, Inc.,
Alcon, Boston Scientific Corporation, Olympus Corporation, CONMED, Ethicon,
Inc., and BIOTRONIK.
Cardiac Ablation Market Segmentation:
By Product Outlook:
- Cyroablation
devices
- Electrical
ablators
- Radiofrequency
ablators
- Ultrasound
ablators
- Others
By Application Outlook:
- Cardiac
rhythm management
- Atrial
fibrillation & flutter
- Cardiac
arrhythmia
- Tachycardia
- Open
surgery
- Others
By End-Use Outlook:
- Hospitals
- Cardiac
centers
- Ambulatory
surgical centers
- Others
Key questions addressed in the report:
·
What
is the expected market size of the global Cardiac Ablation market during the
forecast period?
·
What
CAGR is the global market expected to register during the forecast period?
·
Which
key factors are expected to boost global market growth between 2021 and 2028?
·
What
are the key restraints that are expected to hamper global market growth?
·
Which regional market is
expected to register robust CAGR during the forecast period?
·
Which
key players are operating the global Cardiac Ablation market?
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Key Regional Markets Covered in the Report:
·
North America (U.S.A.,
Canada, Mexico)
·
Europe (Italy, U.K.,
Germany, France, Rest of Europe)
·
Asia Pacific (India,
China, Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile,
Brazil, Argentina, Peru, Rest of Latin America)
·
Middle East & Africa
(Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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