While the overall medical device market globally is growing at about 9% annually, the rate of growth in the markets for ablation and other energy-based therapies is exceeding 14% annually in the aggregate, resulting in these technologies taking an increasingly larger share of the medical device market worldwide. While the U.S. is a well established medical device market as well as a market for the ablation/energy technologies, markets outside of the U.S. (and even outside of Europe) have more upside in opportunity and are showing it with higher rates of adoption of the ablation- and energy based therapeutics.
Source: Figures above are drawn from report #A125, "Worldwide Ablation Technologies, 2008," published by MedMarket Diligence.
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Ablation and Other Energy Therapies Penetrating Medical Device Market
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