Medical Ablation Technology Market

Medical Ablation Technology Market
Medical ablation technology simplifies the surgery operations and makes it easier to perform, the
incisions or surgical cut made in skin or organ are replaced with linear lines of ablation. Medical
ablation technologies are used to produce a therapeutic effect or to destroy diseased tissues or organs.
Medical ablation technologies use alternative energy types such as electrosurgical, radiation, and
ultrasound. Benefits of medical ablation technologies include less damage to surrounding healthy
tissue, less patient pain, improved the cosmetic result, reduced cost, and shorter hospital stay.
The increasing prevalence of cancer and rising mortality due to cancer is the major burden of disease
worldwide. Globally, tens of millions of people are diagnosed with cancer and eventually more than
half of the patients die from it. Cancer is the second most common cause of death followed by
cardiovascular diseases. Worldwide, 14.1 million new patients diagnosed with cancer in 2012. Thus,
the market for medical ablation technology is propelled by rising cancer population. Moreover,
medical ablation technology has the stronghold on market due to rising cardiovascular diseases.
Cardiovascular disease accounts for approximately 17.3 million deaths per year. In addition, medical
ablation technology market is driven by emerging technologies in medical ablation and increasing
geriatric & obese population. However, the cost of ablation treatment is the roadblock in the medical
ablation technology market. Nonetheless, untapped market and rapidly increasing use of minimally
invasive surgeries for chronic diseases management are projected to generate opportunity in the
forecast period.