Global Microwave Ablation Market Trends and Drivers, Restraints, and Opportunities 2017-2023
Global Microwave Ablation Devices Market – Drivers, Opportunities, Trends, and Forecasts: 2017–2023
Overview: Microwave ablation refers to the surgical removal of a body tissue by transferring heat to the target tissue. The process is used to remove a tiny or large quantity of tissue. A specially equipped needle is inserted near the site with image-guided modalities such as computed tomography, ultrasonography, and magnetic resonance imaging. The needle is subjected to various form of electrical tests depending on the type of technology used. This is a form of thermal ablation with energy spectrum of 300 MHz to 300 GHz used to produce tissue-heating effects. The increasing demand for energy-based ablation devices has increased the demand for microwave ablation procedures across the globe. The market is driven by several factors that contribute to the business growth globally.
The rise in awareness about minimally invasive surgeries or procedures has created a high adoption as it is less painful, performed as an outpatient procedure, and unlike traditional open surgeries they are less expensive. Minimally invasive surgeries are emerging as potential replacements for conventional therapeutic cancer surgeries for the treatment of various tumors of the prostate gland, lungs, and liver. Further, robotic navigation technologies that perform microwave ablation procedures more accurately are being incorporated to increase the popularity of these surgeries. The cost of microwave tissue ablation treatment is directly proportional to the size of the tissue/tumor and the number of probes required for the surgery.
The major products in the market include:
Market Analysis: The Global Microwave Ablation Devices Market is estimated to witness a CAGR of 14.8% during the forecast period 2017–2023. The market is analyzed based on three segments, namely product type, end-users, and regions.
Regional Analysis: The regions covered in the report are North America, Europe, Asia Pacific, and Rest of the World (ROW). The Americas is set to be the leading region for the microwave ablation devices market growth followed by Europe. Asia Pacific and ROW are set to be the emerging regions. The emerging markets have a high potential to grow owing to an increase in the number of microwave ablation procedures due to the rise in disposable income, presence of a large pool of chronic patient population, and focus toward healthcare infrastructure. However, the high cost of devices and expensive procedural cost, lack of skilled electrophysiologist, lack of proper reimbursement policies, lack of awareness about advanced ablation devices in developing countries have a significant impact on the overall market growth.
Product Analysis: Consumables are the fastest growing segment and dominates the global ablation market with 65% of the total market. Cardiac arrhythmias are the most popular ablation treatment followed by cancer ablation methods in all the ablation types. The increase in the prevalence of chronic disorders and growing number of microwave ablation procedures are expected to drive the consumables market during the forecast period. The generator/electrosurgical unit segment is growing at a steady growth rate and is expected to see a significant growth in the emerging markets.
Key Players: Medtronic, AngioDynamics, NeuWave Medical (now Johnson & Johnson), MedWaves, Perseon, and other predominate & niche players.
Competitive Analysis: The Global Microwave Ablation Devices market is growing faster and has immense growth opportunities for vendors, especially in the developed regions. The presence of large, small, and local vendors in the market possess high competition. The vendors have a strong focus on acquiring smaller companies and expanding their business operations by leveraging their products portfolio across the globe. The competitive environment in the market will intensify further with an increase in product/service extensions, product innovations, and M&A. They form strategic alliances for the marketing or manufacturing of microwave ablation devices.
Benefits: The report provides complete details about the usage and adoption rate of microwave ablation devices for the treatment of various chronic disorders. Thus, the key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives toward the ablation devices adoption in the upcoming years along with details of the pureplay companies entering the market. Moreover, the report provides details about the major challenges that are going to impact on the market growth. Additionally, the report gives complete details about the key business opportunities to key stakeholders in order to expand their business and capture the revenue in specific verticals to analyze before investing or expanding the business in this market.
Key Stakeholders:
Overview: Microwave ablation refers to the surgical removal of a body tissue by transferring heat to the target tissue. The process is used to remove a tiny or large quantity of tissue. A specially equipped needle is inserted near the site with image-guided modalities such as computed tomography, ultrasonography, and magnetic resonance imaging. The needle is subjected to various form of electrical tests depending on the type of technology used. This is a form of thermal ablation with energy spectrum of 300 MHz to 300 GHz used to produce tissue-heating effects. The increasing demand for energy-based ablation devices has increased the demand for microwave ablation procedures across the globe. The market is driven by several factors that contribute to the business growth globally.
The rise in awareness about minimally invasive surgeries or procedures has created a high adoption as it is less painful, performed as an outpatient procedure, and unlike traditional open surgeries they are less expensive. Minimally invasive surgeries are emerging as potential replacements for conventional therapeutic cancer surgeries for the treatment of various tumors of the prostate gland, lungs, and liver. Further, robotic navigation technologies that perform microwave ablation procedures more accurately are being incorporated to increase the popularity of these surgeries. The cost of microwave tissue ablation treatment is directly proportional to the size of the tissue/tumor and the number of probes required for the surgery.
The major products in the market include:
- Solero MTA System
- NEUWAVE Microwave Ablation System
- Evident MW Ablation System
- AveCure Microwave System
- MicroThermX Devices
Market Analysis: The Global Microwave Ablation Devices Market is estimated to witness a CAGR of 14.8% during the forecast period 2017–2023. The market is analyzed based on three segments, namely product type, end-users, and regions.
Regional Analysis: The regions covered in the report are North America, Europe, Asia Pacific, and Rest of the World (ROW). The Americas is set to be the leading region for the microwave ablation devices market growth followed by Europe. Asia Pacific and ROW are set to be the emerging regions. The emerging markets have a high potential to grow owing to an increase in the number of microwave ablation procedures due to the rise in disposable income, presence of a large pool of chronic patient population, and focus toward healthcare infrastructure. However, the high cost of devices and expensive procedural cost, lack of skilled electrophysiologist, lack of proper reimbursement policies, lack of awareness about advanced ablation devices in developing countries have a significant impact on the overall market growth.
Product Analysis: Consumables are the fastest growing segment and dominates the global ablation market with 65% of the total market. Cardiac arrhythmias are the most popular ablation treatment followed by cancer ablation methods in all the ablation types. The increase in the prevalence of chronic disorders and growing number of microwave ablation procedures are expected to drive the consumables market during the forecast period. The generator/electrosurgical unit segment is growing at a steady growth rate and is expected to see a significant growth in the emerging markets.
Key Players: Medtronic, AngioDynamics, NeuWave Medical (now Johnson & Johnson), MedWaves, Perseon, and other predominate & niche players.
Competitive Analysis: The Global Microwave Ablation Devices market is growing faster and has immense growth opportunities for vendors, especially in the developed regions. The presence of large, small, and local vendors in the market possess high competition. The vendors have a strong focus on acquiring smaller companies and expanding their business operations by leveraging their products portfolio across the globe. The competitive environment in the market will intensify further with an increase in product/service extensions, product innovations, and M&A. They form strategic alliances for the marketing or manufacturing of microwave ablation devices.
Benefits: The report provides complete details about the usage and adoption rate of microwave ablation devices for the treatment of various chronic disorders. Thus, the key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives toward the ablation devices adoption in the upcoming years along with details of the pureplay companies entering the market. Moreover, the report provides details about the major challenges that are going to impact on the market growth. Additionally, the report gives complete details about the key business opportunities to key stakeholders in order to expand their business and capture the revenue in specific verticals to analyze before investing or expanding the business in this market.
Key Stakeholders:
1 INDUSTRY OUTLOOK
1.1 Industry Overview
1.1.1 Generators/Electrosurgical Unit
1.1.2 Ablation Catheters
1.1.3 Consumables
1.2 Microwave ablation (MWA)
1.3 Major Diseases Covered
1.3.1 Cancer
1.3.2 Cardiac Arrhythmias
1.4 Industry Trends
1.5 PEST Analysis
2 REPORT OUTLINE
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 MARKET SNAPSHOT
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
3.3.1 Surgical Devices Market
3.3.2 Radiofrequency Ablation Devices Market
3.3.3 Ablation Catheters Market
3.3.4 Cardiac Ablation Market
4 MARKET OUTLOOK
4.1 Overview
4.2 Importance of Microwave Ablation Devices
4.3 Porter 5(Five) Forces
4.4 Market Dynamics
4.4.1 Drivers
4.4.1.1 Rise in incidence of chronic disorders
4.4.1.2 Increasing popularity of MI surgeries
4.4.1.3 Increase in the number of outpatient procedures
4.4.1.4 Increasing market awareness and campaigns
4.4.1.5 Rise in elderly population
4.4.2 Opportunities
4.4.2.1 Technological advancements
4.4.2.1 High adoption of microwave for better support and improve patient outcome
4.4.2.2 Increasing healthcare spending
4.4.2.3 Shift towards minimal and non-invasive procedures
4.4.3 Restraints
4.4.3.1 Complications and risk associated with microwave ablation procedures
4.4.3.2 Presence of substitutes
4.4.3.3 High cost of microwave ablation procedures
4.4.3.4 Stringent regulatory approval process
4.4.3.5 Lack of skilled electrophysiologists
4.5 DRO – Impact Analysis
4.6 Key Stakeholders
5 PRODUCT TYPE: MARKET SIZE AND ANALYSIS
5.1 Overview
5.2 Generators/Electrosurgical Units
5.2.1 Overview
5.2.2 Featured Products: Generators/Electrosurgical Units
5.3 Consumables
5.3.1 Overview
5.3.2 Featured Products: Consumables
5.4 Microwave Ablation
6 APPLICATION
6.1 Oncology
6.2 Cardiovascular
6.3 Orthopedic
6.4 Urology
6.5 Gynecology
6.6 Others
7 END-USERS
7.1 Overview
7.2 Hospitals
7.3 Ambulatory Care
7.3.1 ASCs in the Americas
7.3.1.1 US
7.3.1.2 Canada
7.3.1.3 Mexico
7.3.1.4 Cuba
7.3.2 ASCs in the EMEA Region
7.3.2.1 UK
7.3.2.2 Germany
7.3.2.1 France
7.3.2.2 Israel
7.3.2.3 Africa
7.3.3 ASCs in the APAC Region
7.3.3.1 Australia
7.3.3.2 Japan
7.3.3.3 India
7.3.3.4 China
7.4 Physician’s Office
8 REGIONS: MARKET SIZE AND ANALYSIS
8.1 Overview
8.2 North America
8.2.1 Market Overview
8.3 Europe
8.3.1 Market Overview
8.4 APAC
8.4.1 Market Overview
8.5 Rest of the World
8.5.1 Market Overview
9 COMPETITIVE LANDSCAPE
9.1 Overview
10 VENDOR PROFILES
10.1 AngioDynamics, Inc.
10.1.1 Overview
10.1.2 Business Units
10.1.3 Geographic Presence
10.1.4 Business Focus
10.1.5 SWOT Analysis
10.1.6 Business Strategy
10.2 Johnson & Johnson (NeuWave Medical)
10.2.1 Overview
10.2.2 Business Units
10.2.3 Geographic Presence
10.2.4 Business Focus
10.2.5 SWOT Analysis
10.2.6 Business Strategy
10.3 Medtronic PLC
10.3.1 Overview
10.3.2 Business Units
10.3.3 Geographic Presence
10.3.4 Business Focus
10.3.5 SWOT Analysis
10.3.6 Business Strategy
10.4 MedWaves, Inc
10.4.1 Overview
10.4.2 Business Focus
10.4.3 SWOT Analysis
10.4.4 Business Strategy
10.5 Perseon
10.5.1 Overview
10.5.2 Business Focus
10.5.3 SWOT Analysis
10.5.4 Business Strategy
11 COMPANIES TO WATCH FOR
11.1 Emblation Microwave.
11.1.1 Overview
11.1.2 Key Highlights
11.2 Miramar Labs.
11.2.1 Overview
11.2.2 Key Highlights
11.3 Urologix, LLC
11.3.1 Overview
11.4 Symple Surgical
Annexure
Abbreviations
1 Industry Outlook
1.1 Industry Overview
1.1.1 Generators/Electrosurgical Unit
1.1.2 Ablation Catheters
1.1.3 Consumables
1.2 Microwave ablation (MWA)
1.3 Major Diseases Covered
1.3.1 Cancer
1.3.2 Cardiac Arrhythmias
1.4 Industry Trends
1.5 PEST Analysis
2 REPORT OUTLINE
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 MARKET SNAPSHOT
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
3.3.1 Surgical Devices Market
3.3.2 Radiofrequency Ablation Devices Market
3.3.3 Ablation Catheters Market
3.3.4 Cardiac Ablation Market
4 MARKET OUTLOOK
4.1 Overview
4.2 Importance of Microwave Ablation Devices
4.3 Porter 5(Five) Forces
4.4 Market Dynamics
4.4.1 Drivers
4.4.1.1 Rise in incidence of chronic disorders
4.4.1.2 Increasing popularity of MI surgeries
4.4.1.3 Increase in the number of outpatient procedures
4.4.1.4 Increasing market awareness and campaigns
4.4.1.5 Rise in elderly population
4.4.2 Opportunities
4.4.2.1 Technological advancements
4.4.2.1 High adoption of microwave for better support and improve patient outcome
4.4.2.2 Increasing healthcare spending
4.4.2.3 Shift towards minimal and non-invasive procedures
4.4.3 Restraints
4.4.3.1 Complications and risk associated with microwave ablation procedures
4.4.3.2 Presence of substitutes
4.4.3.3 High cost of microwave ablation procedures
4.4.3.4 Stringent regulatory approval process
4.4.3.5 Lack of skilled electrophysiologists
4.5 DRO – Impact Analysis
4.6 Key Stakeholders
5 PRODUCT TYPE: MARKET SIZE AND ANALYSIS
5.1 Overview
5.2 Generators/Electrosurgical Units
5.2.1 Overview
5.2.2 Featured Products: Generators/Electrosurgical Units
5.3 Consumables
5.3.1 Overview
5.3.2 Featured Products: Consumables
5.4 Microwave Ablation
6 APPLICATION
6.1 Oncology
6.2 Cardiovascular
6.3 Orthopedic
6.4 Urology
6.5 Gynecology
6.6 Others
7 END-USERS
7.1 Overview
7.2 Hospitals
7.3 Ambulatory Care
7.3.1 ASCs in the Americas
7.3.1.1 US
7.3.1.2 Canada
7.3.1.3 Mexico
7.3.1.4 Cuba
7.3.2 ASCs in the EMEA Region
7.3.2.1 UK
7.3.2.2 Germany
7.3.2.1 France
7.3.2.2 Israel
7.3.2.3 Africa
7.3.3 ASCs in the APAC Region
7.3.3.1 Australia
7.3.3.2 Japan
7.3.3.3 India
7.3.3.4 China
7.4 Physician’s Office
8 REGIONS: MARKET SIZE AND ANALYSIS
8.1 Overview
8.2 North America
8.2.1 Market Overview
8.3 Europe
8.3.1 Market Overview
8.4 APAC
8.4.1 Market Overview
8.5 Rest of the World
8.5.1 Market Overview
9 COMPETITIVE LANDSCAPE
9.1 Overview
10 VENDOR PROFILES
10.1 AngioDynamics, Inc.
10.1.1 Overview
10.1.2 Business Units
10.1.3 Geographic Presence
10.1.4 Business Focus
10.1.5 SWOT Analysis
10.1.6 Business Strategy
10.2 Johnson & Johnson (NeuWave Medical)
10.2.1 Overview
10.2.2 Business Units
10.2.3 Geographic Presence
10.2.4 Business Focus
10.2.5 SWOT Analysis
10.2.6 Business Strategy
10.3 Medtronic PLC
10.3.1 Overview
10.3.2 Business Units
10.3.3 Geographic Presence
10.3.4 Business Focus
10.3.5 SWOT Analysis
10.3.6 Business Strategy
10.4 MedWaves, Inc
10.4.1 Overview
10.4.2 Business Focus
10.4.3 SWOT Analysis
10.4.4 Business Strategy
10.5 Perseon
10.5.1 Overview
10.5.2 Business Focus
10.5.3 SWOT Analysis
10.5.4 Business Strategy
11 COMPANIES TO WATCH FOR
11.1 Emblation Microwave.
11.1.1 Overview
11.1.2 Key Highlights
11.2 Miramar Labs.
11.2.1 Overview
11.2.2 Key Highlights
11.3 Urologix, LLC
11.3.1 Overview
11.4 Symple Surgical
Annexure
Abbreviations
Charts
Chart 1 ABLATION DEVICES MARKET SEGMENTATION BY PRODUCT TYPE
Chart 2 PEST ANALYSIS OF GLOBAL MICROWAVE ABLATION DEVICES MARKET
Chart 3 RESEARCH METHODOLOGY OF GLOBAL MICROWAVE ABLATION DEVICES MARKET
Chart 4 GLOBAL MEDICAL DEVICES MARKET SEGMENTATION
Chart 5 GLOBAL MICROWAVE ABLATION DEVICES MARKET REVENUE, 2016–2023 ($MILLION)
Chart 6 PORTER 5 FORCES ON GLOBAL MICROWAVE ABLATION DEVICES MARKET
Chart 7 MARKET DYNAMICS: DRO ANALYSIS
Chart 8 DRO – IMPACT ANALYSIS OF GLOBAL MCROWAVE ABLATION DEVICES MARKET
Chart 9 KEY STAKEHOLDERS
Chart 10 GLOBAL MICROWAVE ABLATION DEVICES MARKET BY PRODUCT TYPE SEGMENTATION, 2016 (%)
Chart 11 GLOBAL ABLATION DEVICES MARKET BY PRODUCT TYPE SEGMENTATION, 2023 (%)
Chart 12 GLOBAL MICROWAVE ABLATION DEVICES MARKET ATTRACTIVENESS BY PRODUCT TYPES, 2016
Chart 13 GLOBAL GENERATORS/ELECTROSURGICAL UNITS MARKET BY REVENUE, 2016–2023 ($MILLION)
Chart 14 GLOBAL MICROWAVE CONSUMABLES MARKET BY REVENUE, 2016–2023 ($MILLION)
Chart 15 GLOBAL MICROWAVE ABLATION DEVICES MARKET SEGMENTATION SHARE BY PRODUCT TYPE, 2016–2023 ($MILLION)
Chart 16 GLOBAL MICROWAVE ABLATION DEVICES MARKET SEGMENTATION SHARE BY PRODUCT TYPE, 2016–2023 (%)
Chart 17 GLOBAL MICROWAVE ABLATION DEVICES MARKET BY END-USER SEGMENTATION, 2016 (%)
Chart 18 GLOBAL MICROWAVE ABLATION DEVICES MARKET BY GEOGRAPHICAL SEGMENTATION, 2016 (%)
Chart 19 GLOBAL MICROWAVE ABLATION DEVICES MARKET BY GEOGRAPHICAL SEGMENTATION, 2023 (%)
Chart 20 MICROWAVE ABLATION DEVICES MARKET REVENUE IN NORTH AMERICA, 2016–2023 ($MILLION)
Chart 21 MICROWAVE ABLATION DEVICES MARKET REVENUE IN THE EUROPE REGION, 2016–2023 ($MILLION)
Chart 22 MICROWAVE ABLATION DEVICES MARKET REVENUE IN THE APAC REGION, 2016–2023 ($MILLION)
Chart 23 MICROWAVE ABLATION DEVICES MARKET REVENUE IN REST OF THE WORLD, 2016–2023 ($MILLION)
Chart 24 GLOBAL MICROWAVE ABLATION DEVICES MARKET SEGMENTATION BY REGIONS, 2016–2023 ($MILLION)
Chart 25 GLOBAL MICROWAVE ABLATION DEVICES MARKET SEGMENTATION BY REGIONS, 2016–2023 (%)
Chart 26 ANGIODYNAMICS, INC.: OVERVIEW SNAPSHOT
Chart 27 ANGIODYNAMICS, INC.: BUSINESS UNITS
Chart 28 ANGIODYNAMICS, INC.: GEOGRAPHIC PRESENCE
Chart 29 ANGIODYNAMICS, INC.: SWOT ANALYSIS
Chart 30 JOHNSON & JOHNSON: OVERVIEW SNAPSHOT
Chart 31 JOHNSON & JOHNSON: BUSINESS UNITS
Chart 32 JOHNSON & JOHNSON: GEOGRAPHIC PRESENCE
Chart 33 JOHNSON & JOHNSON: SWOT ANALYSIS
Chart 34 MEDTRONIC PLC: OVERVIEW SNAPSHOT
Chart 35 MEDTRONIC PLC: BUSINESS UNITS
Chart 36 MEDTRONIC PLC: GEOGRAPHICAL PRESENCE
Chart 37 MEDTRONIC PLC: SWOT ANALYSIS
Chart 38 MEDWAVES, INC.: SWOT ANALYSIS
Chart 39 PERSEON: SWOT ANALYSIS
1.1 Industry Overview
1.1.1 Generators/Electrosurgical Unit
1.1.2 Ablation Catheters
1.1.3 Consumables
1.2 Microwave ablation (MWA)
1.3 Major Diseases Covered
1.3.1 Cancer
1.3.2 Cardiac Arrhythmias
1.4 Industry Trends
1.5 PEST Analysis
2 REPORT OUTLINE
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 MARKET SNAPSHOT
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
3.3.1 Surgical Devices Market
3.3.2 Radiofrequency Ablation Devices Market
3.3.3 Ablation Catheters Market
3.3.4 Cardiac Ablation Market
4 MARKET OUTLOOK
4.1 Overview
4.2 Importance of Microwave Ablation Devices
4.3 Porter 5(Five) Forces
4.4 Market Dynamics
4.4.1 Drivers
4.4.1.1 Rise in incidence of chronic disorders
4.4.1.2 Increasing popularity of MI surgeries
4.4.1.3 Increase in the number of outpatient procedures
4.4.1.4 Increasing market awareness and campaigns
4.4.1.5 Rise in elderly population
4.4.2 Opportunities
4.4.2.1 Technological advancements
4.4.2.1 High adoption of microwave for better support and improve patient outcome
4.4.2.2 Increasing healthcare spending
4.4.2.3 Shift towards minimal and non-invasive procedures
4.4.3 Restraints
4.4.3.1 Complications and risk associated with microwave ablation procedures
4.4.3.2 Presence of substitutes
4.4.3.3 High cost of microwave ablation procedures
4.4.3.4 Stringent regulatory approval process
4.4.3.5 Lack of skilled electrophysiologists
4.5 DRO – Impact Analysis
4.6 Key Stakeholders
5 PRODUCT TYPE: MARKET SIZE AND ANALYSIS
5.1 Overview
5.2 Generators/Electrosurgical Units
5.2.1 Overview
5.2.2 Featured Products: Generators/Electrosurgical Units
5.3 Consumables
5.3.1 Overview
5.3.2 Featured Products: Consumables
5.4 Microwave Ablation
6 APPLICATION
6.1 Oncology
6.2 Cardiovascular
6.3 Orthopedic
6.4 Urology
6.5 Gynecology
6.6 Others
7 END-USERS
7.1 Overview
7.2 Hospitals
7.3 Ambulatory Care
7.3.1 ASCs in the Americas
7.3.1.1 US
7.3.1.2 Canada
7.3.1.3 Mexico
7.3.1.4 Cuba
7.3.2 ASCs in the EMEA Region
7.3.2.1 UK
7.3.2.2 Germany
7.3.2.1 France
7.3.2.2 Israel
7.3.2.3 Africa
7.3.3 ASCs in the APAC Region
7.3.3.1 Australia
7.3.3.2 Japan
7.3.3.3 India
7.3.3.4 China
7.4 Physician’s Office
8 REGIONS: MARKET SIZE AND ANALYSIS
8.1 Overview
8.2 North America
8.2.1 Market Overview
8.3 Europe
8.3.1 Market Overview
8.4 APAC
8.4.1 Market Overview
8.5 Rest of the World
8.5.1 Market Overview
9 COMPETITIVE LANDSCAPE
9.1 Overview
10 VENDOR PROFILES
10.1 AngioDynamics, Inc.
10.1.1 Overview
10.1.2 Business Units
10.1.3 Geographic Presence
10.1.4 Business Focus
10.1.5 SWOT Analysis
10.1.6 Business Strategy
10.2 Johnson & Johnson (NeuWave Medical)
10.2.1 Overview
10.2.2 Business Units
10.2.3 Geographic Presence
10.2.4 Business Focus
10.2.5 SWOT Analysis
10.2.6 Business Strategy
10.3 Medtronic PLC
10.3.1 Overview
10.3.2 Business Units
10.3.3 Geographic Presence
10.3.4 Business Focus
10.3.5 SWOT Analysis
10.3.6 Business Strategy
10.4 MedWaves, Inc
10.4.1 Overview
10.4.2 Business Focus
10.4.3 SWOT Analysis
10.4.4 Business Strategy
10.5 Perseon
10.5.1 Overview
10.5.2 Business Focus
10.5.3 SWOT Analysis
10.5.4 Business Strategy
11 COMPANIES TO WATCH FOR
11.1 Emblation Microwave.
11.1.1 Overview
11.1.2 Key Highlights
11.2 Miramar Labs.
11.2.1 Overview
11.2.2 Key Highlights
11.3 Urologix, LLC
11.3.1 Overview
11.4 Symple Surgical
Annexure
Abbreviations
1 Industry Outlook
1.1 Industry Overview
1.1.1 Generators/Electrosurgical Unit
1.1.2 Ablation Catheters
1.1.3 Consumables
1.2 Microwave ablation (MWA)
1.3 Major Diseases Covered
1.3.1 Cancer
1.3.2 Cardiac Arrhythmias
1.4 Industry Trends
1.5 PEST Analysis
2 REPORT OUTLINE
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 MARKET SNAPSHOT
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
3.3.1 Surgical Devices Market
3.3.2 Radiofrequency Ablation Devices Market
3.3.3 Ablation Catheters Market
3.3.4 Cardiac Ablation Market
4 MARKET OUTLOOK
4.1 Overview
4.2 Importance of Microwave Ablation Devices
4.3 Porter 5(Five) Forces
4.4 Market Dynamics
4.4.1 Drivers
4.4.1.1 Rise in incidence of chronic disorders
4.4.1.2 Increasing popularity of MI surgeries
4.4.1.3 Increase in the number of outpatient procedures
4.4.1.4 Increasing market awareness and campaigns
4.4.1.5 Rise in elderly population
4.4.2 Opportunities
4.4.2.1 Technological advancements
4.4.2.1 High adoption of microwave for better support and improve patient outcome
4.4.2.2 Increasing healthcare spending
4.4.2.3 Shift towards minimal and non-invasive procedures
4.4.3 Restraints
4.4.3.1 Complications and risk associated with microwave ablation procedures
4.4.3.2 Presence of substitutes
4.4.3.3 High cost of microwave ablation procedures
4.4.3.4 Stringent regulatory approval process
4.4.3.5 Lack of skilled electrophysiologists
4.5 DRO – Impact Analysis
4.6 Key Stakeholders
5 PRODUCT TYPE: MARKET SIZE AND ANALYSIS
5.1 Overview
5.2 Generators/Electrosurgical Units
5.2.1 Overview
5.2.2 Featured Products: Generators/Electrosurgical Units
5.3 Consumables
5.3.1 Overview
5.3.2 Featured Products: Consumables
5.4 Microwave Ablation
6 APPLICATION
6.1 Oncology
6.2 Cardiovascular
6.3 Orthopedic
6.4 Urology
6.5 Gynecology
6.6 Others
7 END-USERS
7.1 Overview
7.2 Hospitals
7.3 Ambulatory Care
7.3.1 ASCs in the Americas
7.3.1.1 US
7.3.1.2 Canada
7.3.1.3 Mexico
7.3.1.4 Cuba
7.3.2 ASCs in the EMEA Region
7.3.2.1 UK
7.3.2.2 Germany
7.3.2.1 France
7.3.2.2 Israel
7.3.2.3 Africa
7.3.3 ASCs in the APAC Region
7.3.3.1 Australia
7.3.3.2 Japan
7.3.3.3 India
7.3.3.4 China
7.4 Physician’s Office
8 REGIONS: MARKET SIZE AND ANALYSIS
8.1 Overview
8.2 North America
8.2.1 Market Overview
8.3 Europe
8.3.1 Market Overview
8.4 APAC
8.4.1 Market Overview
8.5 Rest of the World
8.5.1 Market Overview
9 COMPETITIVE LANDSCAPE
9.1 Overview
10 VENDOR PROFILES
10.1 AngioDynamics, Inc.
10.1.1 Overview
10.1.2 Business Units
10.1.3 Geographic Presence
10.1.4 Business Focus
10.1.5 SWOT Analysis
10.1.6 Business Strategy
10.2 Johnson & Johnson (NeuWave Medical)
10.2.1 Overview
10.2.2 Business Units
10.2.3 Geographic Presence
10.2.4 Business Focus
10.2.5 SWOT Analysis
10.2.6 Business Strategy
10.3 Medtronic PLC
10.3.1 Overview
10.3.2 Business Units
10.3.3 Geographic Presence
10.3.4 Business Focus
10.3.5 SWOT Analysis
10.3.6 Business Strategy
10.4 MedWaves, Inc
10.4.1 Overview
10.4.2 Business Focus
10.4.3 SWOT Analysis
10.4.4 Business Strategy
10.5 Perseon
10.5.1 Overview
10.5.2 Business Focus
10.5.3 SWOT Analysis
10.5.4 Business Strategy
11 COMPANIES TO WATCH FOR
11.1 Emblation Microwave.
11.1.1 Overview
11.1.2 Key Highlights
11.2 Miramar Labs.
11.2.1 Overview
11.2.2 Key Highlights
11.3 Urologix, LLC
11.3.1 Overview
11.4 Symple Surgical
Annexure
Abbreviations
Charts
Chart 1 ABLATION DEVICES MARKET SEGMENTATION BY PRODUCT TYPE
Chart 2 PEST ANALYSIS OF GLOBAL MICROWAVE ABLATION DEVICES MARKET
Chart 3 RESEARCH METHODOLOGY OF GLOBAL MICROWAVE ABLATION DEVICES MARKET
Chart 4 GLOBAL MEDICAL DEVICES MARKET SEGMENTATION
Chart 5 GLOBAL MICROWAVE ABLATION DEVICES MARKET REVENUE, 2016–2023 ($MILLION)
Chart 6 PORTER 5 FORCES ON GLOBAL MICROWAVE ABLATION DEVICES MARKET
Chart 7 MARKET DYNAMICS: DRO ANALYSIS
Chart 8 DRO – IMPACT ANALYSIS OF GLOBAL MCROWAVE ABLATION DEVICES MARKET
Chart 9 KEY STAKEHOLDERS
Chart 10 GLOBAL MICROWAVE ABLATION DEVICES MARKET BY PRODUCT TYPE SEGMENTATION, 2016 (%)
Chart 11 GLOBAL ABLATION DEVICES MARKET BY PRODUCT TYPE SEGMENTATION, 2023 (%)
Chart 12 GLOBAL MICROWAVE ABLATION DEVICES MARKET ATTRACTIVENESS BY PRODUCT TYPES, 2016
Chart 13 GLOBAL GENERATORS/ELECTROSURGICAL UNITS MARKET BY REVENUE, 2016–2023 ($MILLION)
Chart 14 GLOBAL MICROWAVE CONSUMABLES MARKET BY REVENUE, 2016–2023 ($MILLION)
Chart 15 GLOBAL MICROWAVE ABLATION DEVICES MARKET SEGMENTATION SHARE BY PRODUCT TYPE, 2016–2023 ($MILLION)
Chart 16 GLOBAL MICROWAVE ABLATION DEVICES MARKET SEGMENTATION SHARE BY PRODUCT TYPE, 2016–2023 (%)
Chart 17 GLOBAL MICROWAVE ABLATION DEVICES MARKET BY END-USER SEGMENTATION, 2016 (%)
Chart 18 GLOBAL MICROWAVE ABLATION DEVICES MARKET BY GEOGRAPHICAL SEGMENTATION, 2016 (%)
Chart 19 GLOBAL MICROWAVE ABLATION DEVICES MARKET BY GEOGRAPHICAL SEGMENTATION, 2023 (%)
Chart 20 MICROWAVE ABLATION DEVICES MARKET REVENUE IN NORTH AMERICA, 2016–2023 ($MILLION)
Chart 21 MICROWAVE ABLATION DEVICES MARKET REVENUE IN THE EUROPE REGION, 2016–2023 ($MILLION)
Chart 22 MICROWAVE ABLATION DEVICES MARKET REVENUE IN THE APAC REGION, 2016–2023 ($MILLION)
Chart 23 MICROWAVE ABLATION DEVICES MARKET REVENUE IN REST OF THE WORLD, 2016–2023 ($MILLION)
Chart 24 GLOBAL MICROWAVE ABLATION DEVICES MARKET SEGMENTATION BY REGIONS, 2016–2023 ($MILLION)
Chart 25 GLOBAL MICROWAVE ABLATION DEVICES MARKET SEGMENTATION BY REGIONS, 2016–2023 (%)
Chart 26 ANGIODYNAMICS, INC.: OVERVIEW SNAPSHOT
Chart 27 ANGIODYNAMICS, INC.: BUSINESS UNITS
Chart 28 ANGIODYNAMICS, INC.: GEOGRAPHIC PRESENCE
Chart 29 ANGIODYNAMICS, INC.: SWOT ANALYSIS
Chart 30 JOHNSON & JOHNSON: OVERVIEW SNAPSHOT
Chart 31 JOHNSON & JOHNSON: BUSINESS UNITS
Chart 32 JOHNSON & JOHNSON: GEOGRAPHIC PRESENCE
Chart 33 JOHNSON & JOHNSON: SWOT ANALYSIS
Chart 34 MEDTRONIC PLC: OVERVIEW SNAPSHOT
Chart 35 MEDTRONIC PLC: BUSINESS UNITS
Chart 36 MEDTRONIC PLC: GEOGRAPHICAL PRESENCE
Chart 37 MEDTRONIC PLC: SWOT ANALYSIS
Chart 38 MEDWAVES, INC.: SWOT ANALYSIS
Chart 39 PERSEON: SWOT ANALYSIS
