Medical Device Ablation Devices Market to Reflect Steady Growth | Page 2

REPORT DESCRIPTION
Ablation Devices Market – Overview
The global ablation devices market was valued at US$ 3,330.0 million in 2016 and is expected to witness a
CAGR of 10.9% during the forecast period (2017 – 2025).
Ablation gains immense popularity all over the world, as it offers minimally invasive solutions for the
removal of tissues or tumors with bearable pain and less recovery period than that of open surgical
procedures. Demand for ablation devices is expected to increase owing to increasing incidence of chronic
diseases, mainly tumorigenic cancer and other cardiovascular disorders, across the globe. Chronic diseases
are major causes of mortality, which resulted in over 38 million deaths worldwide in 2015 according to the
World Health Organization (WHO). Moreover, WHO states that cancer is one of the leading causes of
death that accounts for up to 8.8 million deaths in 2015. According to Centers of Disease Control and
Prevention (CDC), in 2016, an estimated 2.7-6.1 million people in the U.S. suffered from atrial fibrillation.
Moreover, the same fact sheet states that around 2% of people younger than the age of 65 years are affected
with atrial fibrillation. High prevalence of such diseases will in turn, boost the growth of global ablation
devices market.