Global Catheter Ablation Market Size is Expected to Grow to $5035.14 Million by 2028

Global Catheter Ablation Market Overview

According to Global Market Monitor, the global catheter ablation market size is expected to grow to $5035.14 million by 2028 with a CAGR of 7.54% from 2023 to 2028.

Catheter ablation is the treatment that destroys tumors or unwanted material without affecting other body tissues or organs. Cardiac ablation is a non-invasive procedure that helps patients and is suitable for cardiac rhythm management, open surgery, and various other applications.

Cardiac Ablation Surgeries Promote the Development of the Catheter Ablation Industry.

With the increase in the number of arrhythmias in the world and the acceleration of the aging process of the population in most regions, the demand for cardiac ablation surgery has continued to increase, which has promoted the development of the catheter ablation industry. Compared to traditional therapies and surgical procedures, awareness of the benefits of cardiac ablation is increasing. Moreover, with the continuous technological progress in the field of cardiac ablation catheter products, its market penetration has continued to increase. For players in the industry, this will not only help to deepen market applications, but also help them expand their market scope and provide them with more opportunities.

The US Dominates the Catheter Ablation Market.

The United States dominated the catheter ablation market with a market share of 47.34% in 2022. This dominance can be attributed to factors such as the rising prevalence of chronic disorders, supportive government policies, increasing awareness, the availability of highly skilled physicians, and the presence of well-established healthcare facilities. In Asia Pacific, the catheter ablation industry will grow rapidly due to rising disposable income and healthcare spending, large untapped opportunities in emerging economies such as India and China, large numbers of patients with kidney and cardiovascular diseases, and improved medical facilities.

The Catheter Ablation Market Competition Landscape

Catheter ablation companies are mainly from the USA and the industry concentrate rate is high. Companies are constantly launching new products and increasing their reach by geographically expanding to gain a higher market share. Moreover, numerous manufacturers collaborate with major medical device distributors to sell their products globally or in certain countries. Abbott is one of the major players operating in the catheter ablation market, holding a share of 14.38% in 2022. The company offers surgical devices, medical instruments, apparatus, respiratory monitoring systems, medical supplies, and other equipment. Medtronic serves patients and healthcare professionals worldwide.

Company Name	Abbott
Website	www.medtronic.com
Establish Date	1957
Manufacturing Bases	Worldwide
Sales Regions	Worldwide
Headquarters	USA
Product Introduction	TACTICATH™ CONTACT FORCE ABLATION CATHETER,SENSOR-ENABLED At the heart of the TactiCath™ Contact Force Ablation Catheter, Sensor Enabled™ is light interferometry technology. During bench testing, the TactiCath Contact Force Ablation Catheter, Sensor Enabled was highly accurate, with a mean accuracy of 0.3 grams.