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The laparoscopic ablation market share is expected to increase to USD 1.14 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.58%. This report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches for the coming years to gain a competitive edge.
On the basis of the application, this laparoscopic ablation market report focuses on the revenue, market share, and growth rate of each type, including:
On the basis of technique, the laparoscopic ablation market research report displays the revenue, market share, and growth rate of each type, primarily split into:
On the basis of geography, the report displays the market share and growth rate of each region which are as follows:
The laparoscopic ablation market report also offers information on several market vendors, including AngioDynamics Inc., Balmer Medical SA, Bioventus LLC, Boston Scientific Corp., Conmed Corp., EDAP TMS SA, HealthTronics Inc., Integra Lifesciences Holdings Corp., Johnson and Johnson, and Medtronic Plc among others.
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The increasing prevalence of chronic diseases is notably driving the laparoscopic ablation market growth, although factors such as reuse and reprocessing of devices may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the laparoscopic ablation industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Laparoscopic Ablation Market Driver
Key Laparoscopic Ablation Market Trend
Key Laparoscopic Ablation Market Challenge
This laparoscopic ablation market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global laparoscopic ablation market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the laparoscopic ablation market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the laparoscopic ablation market encompasses successful business strategies deployed by the key vendors. The laparoscopic ablation market is concentrated and the vendors are deploying growth strategies such as investment in R&D to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The laparoscopic ablation market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the laparoscopic ablation market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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39% of the market's growth will originate from North America during the forecast period. US, Canada, and Mexico are the key markets for laparoscopic ablation in North America. Market growth in this region will be faster than the growth of the market in Europe.
The extensive healthcare insurance coverage, increasing R&D expenditure of vendors, and high adoption of technologically advanced products in countries such as the US will facilitate the laparoscopic ablation market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 negatively impacted the region in 2020. Governments of the countries in the region imposed nationwide lockdowns, which limited the movement of people. For instance, in March 2020, the US government declared a national emergency to contain the spread of the disease. However, in the first half of 2021, with the gradual decrease in the number of COVID-19 cases, lockdowns were lifted, leading to the reopening of healthcare facilities and clinics. Regular operations and checkups have also started up for cancer. This, in turn, will have a positive impact on the regional market, and thus, we can see a steady growth rate during the forecast period.
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The laparoscopic ablation market share growth by the cancer segment will be significant during the forecast period. The significant increase in cases of cancer globally and the advantages of using laparoscopic ablation for treatment purpose is expected to drive the growth of the market during the forecast years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the laparoscopic ablation market size and actionable market insights on post COVID-19 impact on each segment.
Laparoscopic Ablation Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.58% |
Market growth 2022-2026 |
$ 1.14 billion |
Market structure |
Concentrated |
YoY growth (%) |
9.12 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 39% |
Key consumer countries |
US, Canada, Mexico, Germany, Japan, and China |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
AngioDynamics Inc., Balmer Medical SA, Bioventus LLC, Boston Scientific Corp., Conmed Corp., EDAP TMS SA, HealthTronics Inc., Integra Lifesciences Holdings Corp., Johnson and Johnson, and Medtronic Plc |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Market Segmentation by Technique
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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