The energy-based medical device industry is led by a diverse group of companies, including small-to-medium pure-play companies specializing in ablation therapies and large multinationals whose interests encompass other classes of medical devices as well as ablation products. Â Key companies include Medtronic, St. Jude Medical, Varian Medical Systems, Boston Scientific (including Guidant), Â and Getinge.
In terms of ablation therapies, different market contenders make their appearance. Â Covidien claims a key share of this market; Valleylab, a division of Covidien, is a leader in the field of RF ablation for general surgery. In the arrhythmia ablation segment, the Johnson & Johnson company Biosense Webster has a significant share, competing with CryoCath Technologies, AtriCure, Getinge and St. Jude Medical.
The exhibit below gives details of selected companies with their areas of energy-related product specialisation (with 2007-2008 annual revenues given in the full Ablation report).Â
Source: MedMarket Diligence report #A125 (market shares deleted, ranking changed to alphabetical), “Worldwide Ablation Technologies,” published September 2008.Â
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