Global Ablation Devices Market to Reach Worth Usd 21.3 Bn by 2023: Credence Research

Global Ablation Devices Market To Reach Worth USD 21.3 Bn

By 2023: Credence Research

According to the latest report published by Credence Research, Inc. “Ablation Devices Market (Electrical,

Radiofrequency, Cryoablation, Radiation, Laser, Ultrasound, Microwave & Hydrothermal Ablation; Device

Types & Applications) : Growth, Future Prospects & Competition Assessment, 2016-2023,” the global

ablation devices market was valued at USD10.6 Bn in 2015, and is expected to reach USD21.3 Bn by 2023,

expanding at a CAGR of 9% from 2016 to 2023.

Browse the full report Ablation Devices Market - Growth, Future Prospects, Competition Assessment,

2016–2023 report at http://www.credenceresearch.com/report/ablation-devices-market

Market Insights

Ablation is a minimally invasive therapeutic procedure used for destruction and dissection ofdiseased

tissue. Ablation is commonly used for treatment of conditions such as cancer, ophthalmic disorders

urologic diseases, gynecological conditions and orthopedic disorders. Based on device type, this report

categorizes ablation devices market into generators, catheters and probes, and disposables and

accessories. Generators due to their higher prices and augmenting installation base is the largest device

segment in the market.

The overall ablation devices market is technologically driven. Other major drivers of this market are

growing incidence of chronic target diseases such as cancer and CVD, technological advancements,

growing demand for minimally invasive procedures, and rapid growth in the pool of high-risk geriatric

population. Conversely, stringent approval requirements and high cost of equipment are the major set of

challenges faced towards the market progression. Ablation devices market is highly competitive with

existence of a multitude of players closely competing to augment their foothold in the market.

Browse All Reports of This Category @ http://www.credenceresearch.com/industry/medical-devicesmarket...