A recent
report published by Infinium Global Research on cardiac ablation market
provides in-depth analysis of segments and sub-segments in the global as well
as regional cardiac ablation market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional cardiac
ablation market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
cardiac ablation market. According to the report, the global cardiac ablation
market is projected to grow at a CAGR of 12.4% over the forecast period of
2019-2025.
Cardiac
ablation is a procedure used to destroy tissue in the heart that lets incorrect
electrical signals to cause an abnormal heart rhythm. This technique is
commonly used for treating cardiac arrhythmia such as cardiac arrhythmias such
as atrial flutter, atrial fibrillation, supraventricular tachycardia, and
Wolff-Parkinson-White syndrome. Cardiac ablation is a non-invasive method. The
most common method is using a catheter, they are inserted in the body. Cardiac
ablation for arrhythmia offers long term care and high success rates. Cardiac
ablation delivers 90 to 98 percent success rate in arrhythmia patients.
The rising occurrence of the cardiac arrhythmia around the world is driving the growth of
cardiac ablation market. Atrial fibrillation is a precursor to a number of
serious cardiovascular complications, including stroke. As many as 2.2 million
Americans are living with atrial fibrillation. A recent study has suggested
that 1 in 4 Adult Americans over the age of 40 could develop an irregular
heartbeat. Therefore, an increased risk of irregular heartbeat disorders among
the rising geriatric population also propels the market growth. Furthermore,
open heart surgeries and stretched drug therapies are being replaced with
cardiac ablation as it is minimally invasive and inexpensive as compared to
other medical therapies. In addition, patient recovery is also fast in cardiac
ablation procedures. The major restraint for cardiac ablation market is a lack
of trained professionals. Moreover, increasing approvals from regulatory bodies
for new technological advancements are providing favorable opportunities for
the growth of cardiac ablation market.
Among the
regions, North America holds the major market share in the cardiac ablation
market. The high adoption of minimally invasive medical procedures and the
growing application of cardiac ablation market in the healthcare sector are
projected to contribute to the growth of the cardiac ablation market technology
market across North America. The Asia Pacific is estimated to grow at the
fastest rate owing to the growth of cardiovascular disease, rising preference
for minimally invasive surgical procedures and increasing spending capacity on
healthcare in this region. Furthermore, the growth of medical tourism in Asian
countries such as China, Japan, and India favors the growth of the Asia Pacific
cardiac ablation market.
The report on
global cardiac ablation market covers segments such as types, application, and
end user. On the basis of types, the sub-markets include catheter ablation,
hybrid surgical-catheter ablation, and surgical ablation. On the basis of
application, the sub-markets include cardiac rhythm management, open surgery,
and other applications. On the basis of end user, the sub-markets include
hospitals, ambulatory surgical centers, and specialty clinics.
The report
provides profiles of the companies in the market such as Abbott Laboratories,
Advanced Cardiac Therapeutics, Inc., St. Jude Medical, Inc., Medtronic plc,
Olympus Corporation, EPIX Therapeutics, Inc, Biosense Webster, Inc., Boston
Scientific Corporation, CONMED Corporation, and AngioDynamics, Inc.
The report
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of cardiac ablation market. Moreover, the
study highlights current market trends and provides forecast from 2019-2025. We
also have highlighted future trends in the market that will affect the demand
during the forecast period. Moreover, the competitive analysis given in each
regional market brings an insight into the market share of the leading players.
Please Choose One of them.