Categories
Pharmaceutical

Global Cardiac Ablation Technologies Market : Opportunities and Forecast Assessment 2026

Growing acceptance of catheter ablation as the first line of therapy, along with recent developments introducing robotic catheter navigation systems and 3D electro-anatomical mapping systems creates a highly conducive environment for the growth of the cardiac ablation technologies market. However, an extensive study published by Fact.MR raises concerns regarding technical complexity leading to lack of required operational competency, which leads to fundamental barriers to the adoption of advanced ablation systems.

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Key Takeaways of Cardiac Ablation Technologies Market Study

  • Adoption of radiofrequency is projected to add significant revenue share of around 55% to the cardiac ablation technologies market by 2026, while laser technology would witness the highest adoption rate, considering its high precision rate and better outcomes.
  • Application of cardiac ablation technologies for treatment of atrial fibrillation is projected to grow by 10% in 2020, over 2019, as it is a common disorder affecting electrical impulses in the atria.
  • Introduction of hybrid surgical-catheter ablation aids electrophysiologists in performing heart surgeries with minimal invasion, thereby encouraging patients to undergo surgeries. Advent of robotic technologies is intended at offering increased safety and accuracy to the cardiac ablation process, which is expected to herald high sales opportunities to players in the cardiac ablation technologies market.
  • North America is an early adopter of new technologies, more so in the healthcare domain. Furthermore, availability of healthcare reimbursement schemes makes the purchase of advanced medical products easy for medical professionals. On the back of a circular demand and supply scenario, North America is projected to lead the global cardiac ablation technologies market with an estimated share of 40% during the forecast period.

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A key opinion leader at Fact.MR opines, “China, India, Brazil, and Mexico are attractive markets for the development and distribution of cardiac ablation systems, as successful clinical trials of the microwave ablation procedure for the treatment of atrial fibrillation are leading to high adoption among surgeons and wide acceptance among patients.”

Diversified Product Portfolio – A Key Strategy to Acquire Higher Market Share

Johnson & Johnson alone accounts for a share of around 52% in the cardiac ablation technologies market, which is attributable to its extensive range of products and incorporation of advanced technologies. In 2018, the company announced the launch of the CARTO VIZIGO bi-directional guiding sheath in the U.S. market. This product helps electrophysiologists reduce their dependency on fluoroscopy. Such developmental initiatives are projected to further gain momentum in the future, as the market leader increases its Y-o-Y investment expenditure for R&D activities. In 2017, the company invested around US$ 10 Bn on R&D activities.

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Though the investment capability of leading players is significantly high, players across all tiers in the cardiac ablation technologies market extend efforts towards diversifying their product portfolios to beat their global counterparts.

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Categories
Pharmaceutical

Cardiac Ablation Technologies Market to Record Double-digit Growth through 2026, in Line with Shift from Antiarrhythmic Drugs, Says Fact.MR

Cardiac Ablation Technologies Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis. Bottom-up approach is always used to obtain Cardiac Ablation Technologies insightful data for the specific country/regions.

The Market survey of Cardiac Ablation Technologies offers a comprehensive analysis of diverse features, including production capacities analysis of Cardiac Ablation Technologies, demand, product developments, revenue generation, and Size of Cardiac Ablation Technologies Market across the globe.

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The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Cardiac Ablation Technologies market and quantified with insightful rationale. Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

Cardiac Ablation Technologies Market – Assessment of Key Segments

Authors of this comprehensive study have classified the cardiac ablation technologies market into key segments for an in-depth study of the market. Categorisation of the cardiac ablation technologies market is based on treatment type, application, and region. This detailed study also offers information about the incremental opportunity present in the cardiac ablation technologies market during the forecast period. Key segments considered while studying the cardiac ablation technologies market include:

Technology Type
  • Radiofrequency
  • Ultrasound
  • Cryoablation
  • Microwave
  • Laser
  • Others
Application
  • Atrial Fibrillation
  • Ventricular Tachycardia
  • Others
Region
  • North America
  • Europe
  • Asia Pacific
  • Japan
  • Latin America
  • Middle East & Africa

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Some Notable Offerings by Fact.MR Report on Cardiac Ablation Technologies market:

  • We will provide you an analysis of the extent to which this Cardiac Ablation Technologies market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Some of the Cardiac Ablation Technologies Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Cardiac Ablation Technologies and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Cardiac Ablation Technologies Market .
  • Insights about adoption of new technologies and its influence on the Cardiac Ablation Technologies market Size.
  • Overview of the impact of COVID-19 on Cardiac Ablation Technologies Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Cardiac Ablation Technologies Market during the forecast period.

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Key Parameters analyzed while estimating the Cardiac Ablation Technologies market include:

  • To analyze Drugs/ Therapeutic Area in Cardiac Ablation Technologies :

Overall Population by age group/Prevalence or Incidence of any disease/Treatment Seeking Rate/Dosage pattern/Average duration of treatment/Overall treatment cost and Reimbursement are considered.

  • To analyze Consumables of Cardiac Ablation Technologies:

Overall Population/Prevalence or Incidence of disease/treatment seeking rate/ average duration of the treatment/average number of devices used per patient / average number of procedure per device/ average selling price per device/reimbursement are considered.

  • To analyze Cardiac Ablation Technologies Equipment:

Number of Healthcare facilities (Hospitals/Ambulatory Surgical Centers/Clinics etc.)

Average number of devices installed per facilities/ lifespan of the devices/replacement rate of the equipment/new sales of the equipment per year/average selling price per equipment are considered.

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How Fact.MR Assists in Making Strategic Moves For Cardiac Ablation Technologies Market Manufacturer?

  • The data provided in the Cardiac Ablation Technologies market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website: https://www.factmr.com