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The technologies in ablation has undergone significant change in recent years, with electrical based ablation technology to radiofrequency based ablation technology. The rising wave of new technologies such as ultrasound and radiation technology are creating significant potential for advanced ablation technology in various medical platforms due to its features which help to reduce the need for repeat procedures.

In ablation technology market, various technologies such as electrical, ultrasound, radiation, and radiofrequency technologies are used in the cardiovascular, cancer, ophthalmologic, pain management, gynecological, urology, orthopedic, and cosmetic/ aesthetic surgery applications. Growing prevalence of minimal invasive procedures in cardiovascular diseases, lower risk of infection, quick recovery and cost effectiveness of ablation are creating new opportunities for various ablation technologies.

Some of the latest technological developments by various countries in the ablation technology market are as follows:
  • United States: Boston Scientific received FDA clearance for its next-generation radiofrequency (RFA) ablation system, ExAblate Sirius™. This signifies progress in minimally invasive cancer treatment using ablation.
  • China: Jiangsu Haifu Medical Technology Co., Ltd. focuses on developing innovative microwave ablation technologies for treating liver tumors. This highlights China's contribution to alternative ablation methods.
  • Germany: Siemens Healthineers announced collaboration with Medtronic to develop next-generation image-guided ablation solutions. This strategic alliance indicates a push for improved visualization during ablation procedures.
  • Japan: Olympus Corporation received regulatory approval for its Viscount GERYON™ robotic system. This robotic system can be used for ultrasound ablation procedures, showcasing Japan's advancements in robotic-assisted ablation technologies.
This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the ablation technology market. Some insights are depicted below by a sample figure. For more details on figures, the companies researched, and other objectives/benefits on this research report, please download the report brochure.

 
 
Ablation Technology Market
 
 
Ablation Technology Segments
 
 
Ablation Technology Heat Map

The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global ablation technology by application, technology, and region as follows:

Technology Readiness by Technology Type

Competitive Intensity and Regulatory Compliance

Disruption Potential by Technology Type

Trends and Forecasts by Technology Type [$M shipment analysis from 2018 to 2030]:
  • Electrical
  • Ultrasound
  • Radiation
  • Radiofrequency
Technology Trends and Forecasts by Application [$M shipment analysis from 2018 to 2030]:
  • Cardiovascular Disease Treatment
    • Electrical
    • Ultrasound
    • Radiation
    • Radiofrequency
  • Cancer Treatment
    • Electrical
    • Ultrasound
    • Radiation
    • Radiofrequency
  • Ophthalmologic Treatment
    • Electrical
    • Ultrasound
    • Radiation
    • Radiofrequency
  • Pain Management
    • Electrical
    • Ultrasound
    • Radiation
    • Radiofrequency
  • Gynecological Treatment
    • Electrical
    • Ultrasound
    • Radiation
    • Radiofrequency
  • Urological Treatment
    • Electrical
    • Ultrasound
    • Radiation
    • Radiofrequency
  • Orthopedic Treatment
    • Electrical
    • Ultrasound
    • Radiation
    • Radiofrequency
  • Cosmetic/ Aesthetic Surgery
    • Electrical
    • Ultrasound
    • Radiation
    • Radiofrequency
  • Others
Technology Trends and Forecasts by Region [$M shipment analysis for 2018 to 2030]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • United Kingdom
    • Germany
    • France
  • Asia Pacific
    • Japan
    • China
    • South Korea
    • India
  • The Rest of the World
Latest Developments and Innovations in the Ablation Technologies

Companies / Ecosystems

Strategic Opportunities by Technology Type

Some of the ablation technology companies profiled in this report include Medtronic, Biosense Webster, St. Jude Medical, Boston Scientific Corporation, AngioDynamics, AtriCure, and Olympus Corporation.

Below are the latest technological developments from top companies in the ablation technology market:
  • Boston Scientific received FDA approval for its next-generation ElectroCore ablation system for atrial fibrillation. This new system boasts improved targeting and reduced treatment time.
  • Medtronic announced a partnership with Affirmed Medical to develop and commercialize a novel pulsed electric field ablation technology for chronic low back pain. This collaboration combines Medtronic's established market presence with Affirmed Medical's innovative ablation technology.
  • Siemens Healthineers launched its next-generation Focused Ultrasound Ablation (HIFU) system, Sonalic Vx. This system features real-time image guidance and improved targeting capabilities for treating essential tremor and other neurological conditions.
  • Varian Medical Systems acquired Accuray Incorporated, a leading provider of stereotactic radiosurgery (SRS) and stereotactic body radiotherapy (SBRT) systems used for cancer ablation. This acquisition strengthens Varian's position in the radiation oncology market.
  • Elekta announced a strategic partnership with the National Cancer Institute (NCI) to develop artificial intelligence-powered treatment planning systems for image-guided radiation ablation therapies. This collaboration aims to improve treatment accuracy and personalization.
  • Thermo Fisher Scientific completed the acquisition of Cosman Corporation, a leading manufacturer of RFA devices for a variety of medical applications, including pain management and tumor ablation. This acquisition expands Thermo Fisher's portfolio in minimally invasive surgical technologies.
This report answers following 9 key questions:
Q.1 What are some of the most promising and high-growth technology opportunities for the ablation technology market?
Q.2 Which technology will grow at a faster pace and why?
Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in ablation technology market?
Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?
Q.5 What are the business risks and threats to these technologies in ablation technology market?
Q.6 What are the latest developments in ablation technologies? Which companies are leading these developments? 
Q.7 Which technologies have potential of disruption in this market?
Q.8 Who are the major players in this ablation technology market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are strategic growth opportunities in this ablation technology space?
Table of Contents

1.Executive Summary

2.Technology Landscape
2.1.Technology Background and Evolution
2.2.Technology and Application Mapping
2.3.Supply Chain

3.Technology Readiness
3.1.Technology Commercialization and Readiness
3.2.Drivers and Challenges in Ablation Technologies
3.3.Competitive Intensity
3.4.Regulatory Compliance

4.Technology Trends and Forecasts Analysis from 2024-2030
4.1.Ablation Opportunity
4.2.Technology Trends (2018-2023) and Forecasts (2024-2030)
4.2.1.Electrical
4.2.2.Ultrasound
4.2.3.Radiation
4.2.4.Radiofrequency
4.3.Technology Trends (2018-2023) and Forecasts (2024-2030) by Application Segments
4.3.1.Cardiovascular Disease Treatment by Technology
4.3.1.1.Electrical
4.3.1.2.Ultrasound
4.3.1.3.Radiation
4.3.1.4.Radiofrequency
4.3.2.Cancer Treatment by Technology
4.3.2.1.Electrical
4.3.2.2.Ultrasound
4.3.2.3.Radiation
4.3.2.4.Radiofrequency
4.3.3.Ophthalmologic Treatment by Technology
4.3.3.1.Electrical
4.3.3.2.Ultrasound
4.3.3.3.Radiation
4.3.3.4.Radiofrequency
4.3.4.Pain Management by Technology
4.3.4.1.Electrical
4.3.4.2.Ultrasound
4.3.4.3.Radiation
4.3.4.4.Radiofrequency
4.3.5.Gynecological Treatment by Technology
4.3.5.1.Electrical
4.3.5.2.Ultrasound
4.3.5.3.Radiation
4.3.5.4.Radiofrequency
4.3.6.Urological Treatment by Technology
4.3.6.1.Electrical
4.3.6.2.Ultrasound
4.3.6.3.Radiation
4.3.6.4.Radiofrequency
4.3.7.Orthopedic treatment by Technology
4.3.7.1.Electrical
4.3.7.2.Ultrasound
4.3.7.3.Radiation
4.3.7.4.Radiofrequency
4.3.8.Cosmetic/Aesthetic Surgery by Technology
4.3.8.1.Electrical
4.3.8.2.Ultrasound
4.3.8.3.Radiation
4.3.8.4.Radiofrequency
4.3.9.Others

5.Technology Opportunities (2024-2030) by Region
5.1.Ablation Market by Region
5.2.North American Ablation Technology Market
5.2.1.United States Ablation Technology Market
5.2.2.Canadian Ablation Technology Market
5.2.3.Mexican Ablation Technology Market
5.3.European Ablation Technology Market
5.3.1.The United Kingdom Ablation Technology Market
5.3.2.German Automotive Ablation Technology Market
5.3.3.French Automotive Ablation Technology Market
5.4.APAC  Ablation Technology Market
5.4.1.Chinese Ablation Technology Market
5.4.2.Japanese Ablation Technology Market
5.4.3.Indian Ablation Technology Market
5.4.4.South Korean Ablation Technology Market
5.5.ROW Ablation Technology Market

6.Latest Developments and Innovations in the Ablation Technologies

7.Companies / Ecosystem
7.1.Product Portfolio Analysis
7.2.Market Share Analysis
7.3.Geographical Reach

8.Strategic Implications
8.1.Implications
8.2.Growth Opportunity Analysis
8.2.1.Growth Opportunities for the Ablation Market by Technology Type
8.2.2.Growth Opportunities for the Ablation Market by Application
8.2.3.Growth Opportunities for the Ablation Market by Region
8.3.Emerging Trends in the Ablation Market
8.4.Disruption Potential
8.5.Strategic Analysis
8.5.1.New Product Development
8.5.2.Capacity Expansion of the Ablation Market
8.5.3.Mergers, Acquisitions, and Joint Ventures in the Ablation Market  

9.Company Profiles of Leading Players
9.1.Medtronic
9.2.Biosense Webster
9.3.St. Jude Medical
9.4.Boston Scientific Corporation
9.5.AngioDynamics
9.6.AtriCure
9.7.Olympus Corporation
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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