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Ablation Technologies Market is Projected to Surpass US$10.6 bn by 2020
Posted: Dec 07, 2018
Ablation technologies based surgeries are minimally invasive and are emerging as an alternative to primitive invasive surgical procedures. Ablation involves either complete destruction or removal of abnormal tissue with the aim to cure the disease. Ablation technologies market can be segmented into two prominent categories namely thermal ablation and non-thermal ablation. 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. Browse Press Release @https://www.transparencymarketresearch.com/pressrelease/ablation-technologies-market.htm The global market for ablation technologies market has been studied on the basis of application type and technologies type. The application segment has been sub-segmented into these prominent categories namely cardiovascular, gynecology, pain management, oncology, urology, ophthalmology and others. Whereas, the ablation technologies market has been fragmented into radiofrequency, light/laser, electrical, ultrasound, microwave, cryotherapy and others. RF ablation is the most established device type, but ultrasound ablation and cryoablation are growing rapidly owing to advantages associated such as minimal damage to associated tissues among others. Cryoablation devices are the only kind of ablation device that can be used to treat prostate cancer. Urologists and interventional radiologists both use cryoablation to treat kidney cancer using differing techniques. As per an analysis by Center for Disease Prevention and Control (CDC) approximately 5.1 million people face heart failure every year of which one in nine deaths in 2009 were primarily due to cardiac arrhythmia. As per WHO projection, approximately 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. Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=294 Other prominent drivers to the global ablation technologies market include increasing adoption of ablation techniques and devices in cosmetics such as varicose vein treatment, psoriasis among others are key areas of opportunities in developing economic countries. Restraints to the ablation technologies market include disparities in the reimbursement scenario across globe along with regulations to curb pricing pressure which include Affordable Care Act and deployment of Accountable Care Organization especially in developed economic regions, thus affecting the overall growth and uptake of the ablation devices. Furthermore, high procedural cost is main area of concern for companies operating in this market. Request Report Brochure @https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=294
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