Hyderabad, India -- (SBWire) -- 03/07/2018 --According to a new market research report " Ablation Technologies Market by Product (Light/Laser ablators, Radiofrequency ablators, Electrical ablator, Ultrasound ablators), by Type (Light/Laser Ablation, Radiofrequency Ablation, Electrical Ablation, Ultrasound Ablation), by Application (Cardiovascular Disease, Cancer, Ophthalmologic, Gynecologic), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)", published by MarketDataForecast™, the market is expected to reach USD 5170 Million by 2021 from USD 3000 Million in 2016, at a CAGR of 11.5%. Factors such as the rise in number of patients with cancer, growing number of individuals with cardiovascular diseases, ablation procedures are inducing the growth of this market,
Browse Market Data Tables and Figures spread through 175 Pages and in-depth TOC on " Ablation Technologies Market"
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Radiofrequency-based ablation segment accounted for the largest market share in 2016
The Ablation Technologies Market is classified into Electrical ablator, Light/Laser ablators, Radiofrequency ablators, Ultrasound ablators by product type. The biggest share of global Ablation Technologies Market in 2016 is contributed by Radiofrequency-based ablation segment. In more than half of ablation techniques, radiofrequency ablation techniques are used.
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The Radiofrequency Ablation segment commandeered the market in 2016
Depending on type, the market is segmented into Electrical Ablation, Radiofrequency Ablation, Light/Laser Ablation, Ultrasound Ablation. The largest share of the global Ablation Technologies Market is contributed by radiofrequency ablation technology segment during the forecast period.
The largest share of the market is provided by cardiovascular disease segment in 2016
The Ablation Technologies Market is classified into Cardiovascular Disease, Cancer, Ophthalmologic, Gynecologic depending on type of application. The cardiovascular disease segment accounted for the largest share of the global Ablation Technologies Market in 2016 due to the increased presence of cardio diseases.
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The biggest volume in terms of share of the market is commandeered by North America.
Depending on geography, the Ablation Technologies Market is segmented into North America, Europe, Asia, and Rest of the World (RoW). The highest share of the Ablation Technologies Market in 2016 is contributed by North America. This is attributed due to factors such as high disposable incomes of individuals, high technological advancements in ablation field in North American region.
Key players in the Ablation Technologies Market include Biosense Webster Inc., Boston Scientific Corporation, St. Jude Medical Inc., AtriCure, Inc., AngioDynamics Inc., Galil Medical Inc., Smith & Nephew plc, Olympus Corporation, CONMED Corporation, Medtronic Inc., Covidien PLC, BSD Medical Corporation.
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The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
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