Growth in the use of radiofrequency ablation technologies will expand worldwide as it is adopted for use in a wide range of clinical applications spanning cardiology, orthopedics, gynecology, general surgery and others. Below is illustrated the worldwide market growth of RF ablation.
Data is drawn from “Worldwide Ablation Technologies 2007-2017, published September 2008, [...]
The worldwide high energy therapies market represents a $25 billion opportunity in 2008. The category consists of therapeutic devices and equipment that deliver the controlled application of one or more modalities of energy to tissue.
This market will grow at a compound annual growth rate of 11% with some modalities exceeding a 20% CAGR.
The global market [...]
(From “Ablation Technologies Worldwide Market, 2008-2017: Products, Technologies Markets, Companies and Opportunities.” Published 2008 by MedMarket Diligence, LLC. See link.)
Several types of energy-based therapies have a variety of applications to CV disease—the number one killer in most of the world.
When the heart has to work too hard to maintain adequate blood output, it can begin [...]
The spinal surgery industry has been around for several decades, but during the last few years new products and technologies have been introduced at a more rapid rate than has been seen for many years. See exhibit below (from MedMarket Diligence report #M510) illustrating the recent burst in new company formation focused on spine surgery. [...]
Advances in intraocular lenses have made it possible for phakic intraocular lenses (PIOLs) to compete at some level with refractive surgery. Further advances in materials and implant technologies are making it possible to achieve clear vision at multiple focal points with multifocal and accommodating lenses. Innovations in this segment have created significant opportunities for new [...]
Surgeons performing instrumented spinal fusion procedures implant various configurations of plates, rods, screws, cages, and other medical hardware to stabilize the spine and facilitate proper vertebral bone fusion. These fixation systems can be implanted via anterior (from the front) or posterior (from the back) approaches, depending on the clinical indication. Most fusion systems are made [...]
Excerpt from MedMarket Diligence report #S245, “Worldwide Wound Management, 2007-2016.” See link for more information. Available for purchase online.
Technologies developed and in use for the management of acute and chronic wounds have diversified from traditional dressings, bandages and wound closure techniques to include an increasing number of diverse technologies ranging from tissue engineering, growth [...]
Technologies for ablation and other energy-based treatments in medical/surgical markets are currently dominated by electrosurgical-type therapies, but a growing array of other modalities are creating new applications or penetrating existing ones.
At right is shown the forecast, by modality type, of ablation and other energy-based therapies through 2017. The most significant growth is expected to [...]
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Posted 18 August 2008
† P. Driscoll
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ablation § cardiology § innovation § medtech § orthopedic § spine § surgery § urogenital § wound management
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Tagged: ablation, cardiology, cryo, hifu, hydromechanical, innovation, laser, market data, medtech, microwave, orthopedic, radiation, radiofrequency, spine, surgery, thermal, ultrasound, urogenital, wound management
(See forthcoming report #A125, “Ablation Technologies Worldwide Market, 2008-2017,” from MedMarket Diligence, LLC. May be purchased online.)
Energy-based therapies generate sales of $13 billion in the United States alone, with probably another $12 billion in other developed markets worldwide. This represents around 13% of the total medical device market, and it is growing at 11% per [...]
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Posted 11 July 2008
† P. Driscoll
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ablation § cancer § cardiology § gastroenterology § innovation § medtech § orthopedic § spine § surgery § urogenital § wound management
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Tagged: ablation, cryo, energy-based, gastroenterology, hifu, laser, medtech, microwave, oncology, orthopedics, prostate, radiofrequency, surgery, thermal, ultrasound, urogenital
The “advanced medical technologies” blog draws from the research, publications and other content of MedMarket Diligence as well as from my own readings, insights and perspectives. While I am not wont to be stingy, I am not always inclined to give up valuable sources, but in the interest of quid pro quo, perhaps, I’d like [...]