Global Ablation Catheters Market 2016-2020

This market research study presents a detailed segmentation of the global ablation catheters market by product (multielectrode ablation catheters and single point ablation catheters), by procedures (supraventricular tachycardia ablation, atrial fibrillation ablation, and ventricular tachycardia ablation) and by geography (the Americas, APAC, and EMEA). The key vendors identified in the market are Biosense Webster, Boston Scientific, Medtronic, and St. Jude Medical.

Outlook of the ablation catheters market

Ablation catheters are used in endovascular catheter ablation procedures to treat cardiac arrhythmias and involve the use of various energy sources radiofrequency waves to destroy unhealthy heart tissues or faulty electrical pathways from the heart. The use of minimally invasive procedures has further helped improved ablation catheter procedures. In 2012, the WHO confirmed that cardiovascular diseases accounted for almost 37% of the global non-communicable disease-related mortalities. With age, the heart muscles lose their elasticity and their ability to respond to changes in blood pressure. This decreases the heart output and consequently the efficiency of the heart which could ultimately result in an increase in the prevalence of cardiovascular diseases. Extensive research carried out by the analysts at Technavio has shown that the global ablation catheters market will grow stupendously at a CAGR of more than 12% over the forecast period.

Factors like the recent development of robot-assisted navigation technologies will aid the prospects for market growth until the end of the forecast period. Robot-assisted navigation technologies enhance the visualization of ablation catheter’s orientation and allow the easy maneuvering of needles, catheters, and electrode tips with utmost precision and control in close-fitting spaces. Furthermore, robot-assisted catheter ablation procedures help reduce the duration of hospital stays, facilitating better cost management. These procedures also reduce the chances of human error and ensure improved results, reduced recovery time, and minimal pain and discomfort. This shift toward minimally invasive surgical methods for catheter ablation procedures is expected to drive the market for ablation catheters until the end of 2020.

Product segmentation and analysis of the ablation catheters market

• Multielectrode ablation catheters
• Single point ablation catheters

In 2015, the multielectrode ablation catheters dominated the market and accounted for nearly 80% of the market share. These ablation catheters have multiple electrodes and end points for ablation and transmit radiofrequency waves, cryothermal, or microwave energy for the ablation of a large mass of tissues. The multielectrode ablation catheters reduce the duration of ablation procedures and prevent complications associated with unipolar radiofrequency energy.

Geographical segmentation and analysis of the ablation catheters market

• Americas
• APAC
• EMEA

During 2015, the Americas was the largest market for ablation catheters as it accounted for more than 49% of the market share. The market in the Americas is expected to grow rapidly due to the increasing prevalence of arrhythmia in the region. Furthermore, the implementation of minimally invasive techniques and technological advancements will aid in the growth of this market until the end of 2020.

Competitive landscape and key vendors

The global market for ablation catheters is fragmented with the presence of many companies that offer a wide range of products. Vendors are investing heavily in research and development to introduce ablation catheters for multiple treatment methods, drug delivery, and diagnosis. The vendor competition is expected to intensify with an increase in mergers and acquisitions and R&D to develop new-age devices and products.

Key vendors in this market are -

• Biosense Webster
• Boston Scientific
• Medtronic
• St. Jude Medical

Other prominent vendors in the market are Advanced Cardiac Therapeutics, Angiodynamics, APT Medical, Atricure, Biotronik, CardioFocus, Covidien, DVx, Edwards Lifesciences, Estech, Hansen Medical, Imricor Medical Systems, Japan Lifeline, Lepu Medical, Melys AFSM, MicroPort, Osypka, PLC Medical Systems, Spectranetics, and Stereotaxis.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global ablation catheters market?
• What are the key market trends impacting the growth of the global ablation catheters market?
• What are the challenges to market growth?
• Who are the key vendors in the global ablation catheters market?
• What are the market opportunities and threats faced by the vendors in the global ablation catheters market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global ablation catheters market?

Technavio also offers customization on reports based on specific client requirement.

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