Global Laparoscopic Ablation Devices Market

 

The global market for Laparoscopic Ablation Devices was valued $xx Mn in 2020 and is expected to reach $xx Mn by 2027, at a CAGR of xx%.
Global Laparoscopic Ablation Devices Market Introduction and Overview

Laparoscopic ablation is a type of surgery, which destroys tissues of the uterus that grow outside of the uterus. The procedure uses special tools and small cuts to decrease the recovery time. The increasing prevalence of chronic conditions because of sedentary lifestyle, unhealthy diet, smoking and hypertension is leading to growing number of surgeries globally.

The rising cancer cases which require laparoscopic procedures are demanding the need for laparoscopic ablation devices, thereby increasing the market growth. Moreover, demand for minimally invasive procedures by patients is also propelling the market. Ablation devices are in high demand because of the advancements and other characteristic features.

Increasing investments by stakeholders in the market is driving the market to greater heights. Growing healthcare markets in developed as well as developing economies is also contributing in the market growth. Also, the need for early diagnosis and regular monitoring of chronic conditions to treat and limit their prevalence is driving the demand for laparoscopic ablation procedures and its devices.

Introduction of highly advanced techniques such as radiofrequency ablation, thermal ablation and highly focused ultrasound by healthcare sectors is having a positive impact on the global market.

The report contains detailed analysis of Strengths, Weakness and opportunities of the key players operating in the Global Laparoscopic Ablation Devices Market. It also provides information on current market trends, competitive ranking analysis, regional bifurcation, turnover forecasts, industry drivers and the key challenges.

The report has profiled six key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analysing the market and estimation the size of the same. The growing healthcare infrastructure in each region is different and focus is given on availability of advanced technology and new techniques.
Global Laparoscopic Ablation Devices Market Segment Analysis

By technique, the radiofrequency ablation segment held a larger share of xx% in 2020. The segment is expected to grow at a significant CAGR of xx% during the forecast period. Radiofrequency (RF) ablation is an effective and minimally invasive treatment technique for managing hepatic haemangioma with a dimension greater than 5 cm.
With the increasing experience on treating hepatic haemangioma with RF ablation and the rapid improvement of RF equipment, this liver tumour treatment technique has also been performed successfully for tumour larger than 10 cm in diameter. RF ablation applies energy to heat the tissue to at least 60C for maximum efficacy.

Radiofrequency ablation can also be used to reduce neck pain, low-back pain, arthritis, and pelvic and peripheral nerve pain. RFA has been proven to be effective in more than 70% of the patients experiencing pain. Pain relief from RFA can last from six to 12 months or even a year. All the factors together contribute in the market growth.
By end-use, the hospital segment is expected to register a CAGR of xx% during the forecast period. Hospitals held a leading revenue share of xx% in the Laparoscopic Ablation Devices market in 2020. Surgeries and other operations are performed majorly in hospitals, due to availability of all tools and technologies required. Laparoscopic procedures conducted in hospitals or hospital-attached outpatient facilities enable ease of handling any emergency situations that may arise during surgical procedures or post-operative complications.

Global Laparoscopic Ablation Devices Market

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Global Laparoscopic Ablation Devices Market Segmentation

The Laparoscopic Ablation Devices Market is segmented based on-
Global Laparoscopic Ablation Devices Market Techniques

• Radiofrequency Ablation
• Thermal Ablation
• Cryoablation
• Others
Global Laparoscopic Ablation Devices Market Application

• Cancer
• Cardiovascular Procedures
• Urological Procedures
• Gynaecological Procedures
• Neurological Procedures
• Others
Global Laparoscopic Ablation Devices Market End-Users

• Hospitals
• Ambulatory Surgery Centers
• Specialty Clinics.
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Global Laparoscopic Ablation Devices Market Regional Insights

Global Laparoscopic Ablation Devices Market1

North America accounted for the largest share of Laparoscopic Ablation Devices Market in 2020

North America accounted for the largest share of xx% in 2020, reason being the rising prevalence of surgeries. Investments by key players in this field has boosted the market growth. The rising number of laparoscopic procedures compared to traditional open surgeries performed in North America and the technological advancements in laparoscopic ablation devices introduced by key market players in this region. The high class infrastructure with all surgery facilities available is also propelling the market growth in this region.

Asia Pacific is also expected to witness significant growth during the forecast period due to the increasing cancer cases. The allocation of a large amount of healthcare expenditure for hospitals and dispensing medicines to the elderly is expected drive the market demand.
Key Players Operating the Laparoscopic Ablation Devices Market

• Medtronic PLC
• B. Braun Melsungen AG
• Olympus Corporation
• Stryker Corporation
• KARL STORZ SE & Co. KG
• CONMED Corporation

The report also helps in understanding Global Laparoscopic Ablation Devices Market dynamics, structure by analysing the market segments and project Global Laparoscopic Ablation Devices Market size. The clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Laparoscopic Ablation Devices Market make the report investors’ guide.

 

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