High Growth Markets in Ablation Technologies

A cursory review of data in the recent MedMarket Dilgence report #A125 reveals the countries with the highest expected growth rates in markets for ablation technologies.

Based on the growth in the ablation modality segments (e.g., radiofrequency, microwave, cryosurgery, thermal, ultrasound, etc.)  that comprise each country’s total ablation market, the countries with the highest ablation market growth are India and China.  The high growth in these countries ensues from how nascent these markets are, since potential application of ablation in these countires have yet to be tapped to any significant extent (the current market for ablation in India is $190 million compared to the U.S. market at $12.9 billion).

 

Ablation Technologies Market by Country
Compound Growth Rate 2008 to 2017

 

 
Country/Region

CAGR 2008-2017

India

23.2%

China

22.6%

BeNeLux

22.2%

Mexico

19.6%

Spain

19.3%

Australia

18.5%

Italy

17.6%

France

16.5%

Brazil

15.9%

United Kingdom

15.9%

Japan

15.1%

Germany

14.7%

Canada

14.6%

U.S.A.

12.5%

Rest of World

12.1%
 
Source: Report #A125, Worldwide Ablation Technologies
 
 

 

 

 

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