Leaders in markets for ablation and other energy-based technologies

Medtronic is the predominant player in the energy-based therapies market. With global sales of nearly $4.9 billion attributable to energy-based products, it controls over half of the cardiac rhythm market and almost a quarter of all energy-based product sales. Boston Scientific, also focusing on cardiac arrhythmias, comes next in the revenues table with a $2. 9 billion share. St. Jude Medical, the joint number three player enjoys sales of nearly $2 billion for energy therapies such as implantable defribrillators and pacemakers using electrical energy to restore normal heart rhythm . Varian Medical shares the number three spot with almost $2 million in sales. Varian is the world’s leading manufacturer of integrated cancer therapy systems and markets a full line of linear accelerators for radiation therapy.

With sales of over $800 million for energy-based products, Biosense Webster, a Johnson & Johnson company, comes next in market share. Then comes Covidien (formerly Tyco Healthcare) with its member company Valleylab specialising in devices for electrosurgery and vessel sealing. Smith & Nephew generates sales of $600 million from energy-based therapies including devices for radiofrequency and hydro-ablation. The remaining three companies in the "top ten" each generate annual revenues in the $200-300 million range from energy-based devices; they are Arthrocare, Getinge and Olympus.

 

Market Leaders in Energy-Based Therapies

Company
Product Area
Main indication
AngioDynamics
RF
Lung cancer
Arthrocare
RF
Nucleoplasty
Atricure
RF
Atrial arrhythmias
ATS
Cryogenic
Cardiac arrhythmias
Biosense Webster (J&J)
RF
Atrial arrhythmias
Boston Scientific
RF
Atrial arrhythmias
Candela
Light
Hair removal
CardioGenesis
Light
Angina pectoris
Covidien
RF, Microwave, Ultrasound
Soft tissue ablation
EDAP TMS
Ultrasound
Prostate cancer
Endocare
Cryogenic
Prostate cancer
HealthTronics
Light
BPH
Maquette (Getinge)
RF
Hepatic cancer
Medtronic
Electrical
Tachyarrhythmia
Olympus
RF
Gynaecology, ENT, soft tissue ablation
Smith & Nephew
RF, Hydro
Soft tissue ablation, Capsular shrinkage
St Jude
Electrical
Cardiac arrhythmias
TheraGenics
Radiation
Prostate cancer
Varian
Radiation
Cancer
VNUS
RF
Saphenous vein closure

Source: MedMarket Diligence, LLC


The above is an excerpt from report #A125, "Ablation Technologies Worldwide Market, 2008," published September 2008.

 

 

Leaders in markets for ablation and other energy-based technologies
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