Medical ablation is the treatment which destroys tumors or unwanted material without affecting other body tissues or organs. Because of poor health or reduced organ function, these techniques are widely used to treat cancer, cardiovascular and other chronic diseases. In the treatment of chronic diseases, medical ablation plays the prime role in the removal or complete destruction of abnormal tissue. The thermal ablation technology encompasses radiofrequency, microwave, ultrasound, hydrothermal, electrical and light/laser technologies whereas, cryoablation technology falls under non-thermal ablation category.
The principal advantage of these procedures over surgery is short recovery time, minimum invasion, low risk of infection, lesser blood loss, and shorter hospital stays. Ablation technologies have applications in various clinical areas such as cancer, cardiac, ophthalmology, urology, gynecology and orthopedics. The report also provides the compound annual growth rate (CAGR %) for each of the segments for the forecast period 2014-2020, while market size estimations have been made considering 2012 and 2013 as base years.
Middle East and Africa Ablation Technologies market: Drivers & Restraints The market for Ablation Technologies is mainly driven due to on-going technological advancements in ablation products, increasing prevalence of cancer and cardiovascular diseases, increasing number of ablation procedures, increasing number of hospitals, surgical, and ablation centers. But, the market growth can be hampered due to reuse and reprocessing of the ablation devices and healthcare cost containment measures.
Middle East and Africa Ablation Technologies market: Overview In 2016, the radiofrequency ablators market is expected to account for the largest share of the market, followed by the light/laser ablators market which is excepted for the second largest share. Based on Application, cardiovascular diseases treatment segment is attributed as large market share. The microwave ablators segment is estimated to grow at the highest CAGR during forecast period. The cardiovascular disease treatment segment is expected to command a major share of the ablation technologies market in 2016.
As per an analysis by Center for Disease Prevention and Control (CDC), every year, nearly 5.1 million people face heart failure of which one in nine deaths in 2009 were primarily due to cardiac arrhythmia. As per World Health Organisation, It is around 32 million people are living with some form cancer causing 8 million deaths across the world which clearly depicts scope of opportunities for players operating in the ablation technologies market.
Middle East and Africa Ablation Technologies market: Region-wise Outlook Geographically, Middle-East and Africa market for Ablation Technologies is segmented into Middle-East region and Africa region. The market in this region is growing with high CAGR due to ongoing technological advancements, huge patient base and improving healthcare infrastructure which are creating a wide range of opportunities for market players to expand their business in the untapped areas of this region.
Key Questions Answered What is the current and future Ablation Technologies market outlook in Middle East and Africa? What trends are affecting the Middle East and Africa market?
What is the competitive landscape and market share of major players in the Ablation Technologies space in Middle East and Africa?
What are the key, high growth markets that Ablation Technologies manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Ablation Technologies currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Ablation Technologies?
What are the challenges and barriers that have hindered widespread adoption of Ablation Technologies?
Middle East and Africa Ablation Technologies market: Key Players Biosense Webster, Inc., St. Jude Medical, Inc., Boston Scientific Corporation, AngioDynamics, Inc., AtriCure, Inc., Smith & Nephew plc, Galil Medical Inc., CONMED Corporation, Olympus Corporation, Covidien PLC, Medtronic, Inc., BSD Medical Corporation, are the major players of North America Ablation Technologies market.
Reasons to buy Middle East and Africa Ablation Technologies market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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