The global Cardiac Ablation Market size was USD 3.29 Billion in 2021 and is expected to register a revenue CAGR of 14.2% during the forecast period. Growing number of patients suffering from cardiovascular diseases, increasing technological advancements in cardiac ablation equipment, and rising demand for minimally invasive procedures are a few of the key factors expected to drive market revenue growth. Moreover, growing elderly population is increasing demand for cardiac ablation. Various heart conditions such as Atrial Fibrillation (AFib) which is a type of irregular heartbeat, can be treated through cardiac ablation, especially when medications and cardioversion do not work.
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Major Companies:
Competitive landscape of global cardiac ablation market is moderately fragmented with many key companies operating at global and regional levels. Major companies are engaged in research and development initiatives and testing, and entering into alliances to develop and introduce more novel and innovative products and services. Some major companies in the global market report include Abbott, Medtronic, AngioDynamics, Atricure, Inc., Alcon, Boston Scientific Corporation, Olympus Corporation, CONMED, Ethicon, Inc., and BIOTRONIK.
Cardiac Ablation Market Segmentation:
By Product Outlook:
- Cyroablation devices
- Electrical ablators
- Radiofrequency ablators
- Ultrasound ablators
- Others
By Application Outlook:
- Cardiac rhythm management
- Atrial fibrillation & flutter
- Cardiac arrhythmia
- Tachycardia
- Open surgery
- Others
By End-Use Outlook:
- Hospitals
- Cardiac centers
- Ambulatory surgical centers
- Others
Key questions addressed in the report:
- What is the expected market size of the global Cardiac Ablation market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Cardiac Ablation market?
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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