Ablation Technology Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

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Ablation Technology Market Size, Market Share,

Application Analysis, Regional Outlook, Growth, Trends,

Competitive Scenario And Forecasts, 2012 To 2020

The rising prevalence of chronic diseases such as cancer coupled with the increasing demand of

minimally invasive procedures for the diagnosis of these diseases are the major factors driving the global

ablation technology market. The ablation technology helps to execute minimally invasive procedures

which entail the surgical removal of body tissues.

The lower risk of infection, cost effectiveness, quick recovery and the lower risk of damage to tissues are

the key factors propelling the global ablation technology market. In addition, rapidly increasing geriatric

population all over the world and government initiatives in various countries have led to the growth in

demand of ablation technology market.

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Various newly emerging economies in the market such as China, India, Brazil and Russia are adopting

ablation procedures owing to its lower risk and high success rates for diagnosis of chronic diseases. The

rising per capita expenditure on healthcare and constantly rising demand for minimally invasive

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procedures are the factors expected to further fuel the ablation technology market over the forecast

period.

The global ablation technology market on the basis of technology is segmented into ultrasound,

electrical, radiofrequency and radiation. As of 2013, the radiation technology dominated the entire

ablation technology market owing to its applicability in the diagnosis of cancer. Rising prevalence of

cancer and availability of several radiation devices in the market are also the factors fueling the

radiation technology market.

Owing to the increasing...