Global Ablation Catheters Market 2016-2020 is a new research report added to SandlerResearch.org. Government and non-profit organizations are conducting various programs to create awareness about cardiac arrhythmia and associated treatment procedures. These organizations hold workshops to educate people on the efficient use of ablation catheters to improve the quality of life.
Complete report on ablation catheters market spread across 54 pages, analyzing 4 major companies and provides 30 data exhibits is now available at http://www.sandlerresearch.org/global-ablation-catheters-market-2016-2020.html .
The analysts forecast global ablation catheters market to grow at a CAGR of 12.58% during the period 2016-2020. According to the report, catheter ablation is a type of minimally invasive procedure that helps remove the heart tissues generating faulty electrical impulses. In 2014, in the US, 240,000 cardiac ablation procedures were performed. This rising preference for catheter ablation to treat arrhythmias and atrial fibrillation will increase the demand and use of ablation catheters worldwide.
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.
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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.
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.
Main players in the Global Ablation Catheters Market are Biosense Webster Inc. (a subsidiary of Johnson & Johnson), Boston Scientific Corp., Medtronic plc, and St. Jude Medical Inc. 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.
Further, the report states that a lack of skilled electrophysiologists affects the market negatively.
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