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Global Cardiac Ablation Market 2017-2021

Global Cardiac Ablation Market 2017-2021

About Cardiac Ablation

Cardiac ablation is an endovascular procedure that helps to treat an irregular heart rhythm and is performed with the help of an ablation device and catheter. These products use radio frequency (RF) as an energy source to destroy unhealthy heart tissues. Ablation catheters remove faulty electrical pathways from the heart, thereby reducing the risk of ventricular fibrillation and sudden cardiac arrest. Cardiac arrhythmias are characterized by an abnormal heart rhythm, which is lower than 60 beats per minute, more than 100 beats per minute, or irregular. The improper functioning of the electrical systems regulating the heart can cause arrhythmia. Arrhythmias are of various types, including atrial fibrillation, atrial flutter, and atrioventricular nodal re-entrant tachycardia.

Technavio’s analysts forecast the global cardiac ablation market to grow at a CAGR of 7.6% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global cardiac ablation market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cardiac Ablation Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Boston Scientific
  • Medtronic
  • St. Jude Medical
Other prominent vendors
  • AblaCor
  • Advanced Cardiac Therapeutics
  • AngioDynamics
  • APT Medical
  • AtriCure
  • BIOTRONIK
  • Biosense Webster
  • CardioFocus
  • DVx
  • Galgo Medical
  • Hansen Medical
  • Imricor
  • Lepu Medical
  • Melys AFS
  • MicroPor Scientific
  • Osypka Medical
  • PLC Medical Systems
  • Spectranetics
  • VytronUS
Market driver
  • Rising incidences of cardiac diseases and growth of insurance providers.
  • For a full, detailed list, view our report
Market challenge
  • Complications associated with cardiac ablation and stringent regulatory framework.
  • For a full, detailed list, view our report
Market trend
  • Transforming marketing and sales strategies for cardiac ablation.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Cardiac Ablation Market 2017-2021

Technavio recognizes the following companies as the key players in the global cardiac ablation market: Boston Scientific, Medtronic, and St. Jude Medical.

Other Prominent Vendors in the market are: AblaCor, Advanced Cardiac Therapeutics, and AngioDynamics.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is emergence of digital cath labs in hospitals. Cath labs or cardiac catheterization laboratories in hospitals conduct both diagnostic and therapeutic procedures. These laboratories are used to conduct normal procedures such as the monitoring of blood flow and heart pressure. Advances in catheterization technology such as robot-assisted catheterization for cardiac catheterization have advanced the digital imaging system.”

According to the report, one driver in market is growing focus on clinical trials. Vendors are using advanced technologies to develop innovative ablation catheters. They invest in R&D to develop cost-effective and efficient devices and lower manufacturing costs. Many of these devices are awaiting approval across different countries. To prove the safety and efficacy profiles of their products, vendors conduct clinical trials. These studies will help vendors fulfill the regulatory requirements for product approvals. Positive or negative results of long-term follow-ups from clinical trials will also affect market growth. For instance, positive results of St. Jude Medical’s clinical trial for Flexibility ablation catheter, an irrigated ablation catheter with a flexible tip, led the product to receive the US FDA approval in January 2015.

Further, the report states that one challenges in market is lack of reimbursement in APAC and Africa. The cost of procedures and technology play a significant role in determining their adoption. While reimbursement covers ablation catheter procedures in countries such as Germany, France, and the UK, many countries do not provide reimbursement for physicians and hospitals. In APAC, only some countries such as Japan provide partial or fixed reimbursements for devices and procedures. The restrictive reimbursement environment in China, India, and African countries such as South Africa is limiting the adoption of cardiac ablation procedures, which has impacted the sales of cardiac ablation devices and catheters negatively.

Companies Mentioned

Boston Scientific, Medtronic, St. Jude Medical, AblaCor, Advanced Cardiac Therapeutics, and AngioDynamics.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global cardiac ablation market overview 2016
    • Market size and forecast
      • Table Global cardiac ablation market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Table Global cardiac ablation market by product 2016 and 2021 ($ billions)
    • Table Buying criteria of cardiac ablation products 2016 and 2021
    • Global cardiac ablation devices market
      • Table Market overview: Global cardiac ablation devices market
      • Table Global cardiac ablation devices market 2016-2021 ($ billions)
    • Cardiac ablation catheters market
      • Table Market overview: Cardiac ablation catheters market
      • Table Global cardiac ablation catheters market 2016-2021 ($ billions)
  • Market segmentation byprocedures
    • Table Global cardiac ablation market by procedures in 2016
    • Atrial fibrillation ablation
    • Supraventricular tachycardia ablation
    • Ventricular tachycardia ablation
  • Marketsegmentation by end-user
    • Table Global cardiac ablation market by end-user in 2016
    • Hospitals and clinics
    • ASCs
  • Geographical segmentation
    • Table Global cardiac ablation market by geography 2016 and 2021 ($ billions)
    • Cardiac ablation market in Americas
      • Table An overview of cardiac diseases in US
      • Table Market overview: Cardiac ablation market in Americas
      • Table Cardiac ablation market in Americas 2016-2021 ($ billions)
      • Table Cardiac ablation market in Americas: Market analysis by country
      • Table Market overview: Cardiac ablation market in US
      • Table Impact of accountable care organizations (ACO) and ACA on cardiac ablation
    • Cardiac ablation market in EMEA
      • Table Market overview: Cardiac ablation market in Europe
      • Table Cardiac ablation market in EMEA 2016-2021 ($ billions)
      • Table Cardiac ablation market in EMEA: Market analysis by country
      • Table Market overview: Cardiac ablation market in UK
    • Cardiac ablation market in APAC
      • Table Market overview: Cardiac ablation market in APAC
      • Table Cardiac ablation market in APAC 2016-2021 ($ billions)
      • Table Cardiac ablation market in APAC: Market analysis by country
      • Table Market overview: Cardiac ablation market in South Korea
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Increasing number of CVDs (hypertension) versus number of Medicare providers in US 2011-2013
      • Table Clinical studies for cardiac ablation: Companies and CROs
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Cost of cardiac ablation products
      • Table Research studies: Complications associated with cardiac ablation
      • Table Product recalls 2014-2015
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Transforming marketing and sales strategies for cardiac ablation
      • Table Marketing and sales strategies by large and small companies
    • Emergence of digital cath labs in hospitals
    • Integration of robotic cardiac catheter system and hybrid operating room equipment
  • Vendor landscape
    • Competitive landscape
      • Table Competitive structure analysis of global cardiac ablation market 2016
      • Table Competitive landscape of global cardiac ablation market 2016
      • Table Global cardiac ablation market: Market penetration of companies 2016
      • Table Strategies of large and small companies in global cardiac ablation market
  • Key vendor analysis
    • Boston Scientific
      • Table Boston Scientific: Strength assessment
      • Table Boston Scientific: Strategy assessment
      • Table Boston Scientific: Opportunity assessment
    • Medtronic
      • Table Medtronic: Strength assessment
      • Table Medtronic: Strategy assessment
      • Table Medtronic: Opportunity assessment
    • St. Jude Medical
      • Table St. Jude Medical: Strength assessment
      • Table St. Jude Medical: Strategy assessment
      • Table St. Jude Medical: Opportunity assessment
    • Other prominent vendors
      • Table Other prominent vendors in global cardiac ablation market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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