The Radiofrequency Ablation Catheter Market Size is valued at 4237.92 Million in 2023 and is predicted to reach 9,166.28 Million by the year 2031 at a 10.25% CAGR during the forecast period for 2024-2031.
Catheter ablation is a medical procedure that is used to treat some types of arrhythmia. Heart arrhythmia is group of condition leads to irregular heartbeat. During this procedure a long, thin, flexible tube is placed into blood vessels of neck, arm or groin. This tube is called an ablation catheter which is then guided towards the heart. During the procedure, a system send sends energy through the ablation catheter to the heart. Radiofrequency energy is most commonly used for catheter ablation. The passed energy produces heat that modifies the affected heart tissue (caused of dysrhythmia). Catheter based ablation procedure are totally safe and effective. According to American Heart Association, catheter-based ablation procedure shows 90% success rate and have low risk of complication.
The global radiofrequency ablation catheter market is segmented on the basis of type and geography. On the basis of type the market is further sub segmented into two types irrigated radiofrequency ablation catheter and non-irrigated radiofrequency ablation catheter. Irrigated radiofrequency ablation catheter segment is expected to hold maximum share of the market in forecast period this is because it decreases char and thrombus formation which eventually prevent thromboembolic events (another life-threatening consequence). Increase in incidence and prevalence rate of heart disease, growing ageing population and increased rate of obesity in all age group drives the growth of the global market during forecast period. In addition to it, technological advancement and demographic trend are expected to fuel the growth of the market. However, stringent regulatory environment and entry of other catheter ablation procedure like ‘cryoablation balloon catheters’ may hamper the growth of the global radiofrequency ablation catheter market during forecast period.
On the basis of geography, the global radiofrequency ablation catheter market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In terms of revenue, North America followed by Europe is major contributor for the global radiofrequency ablation catheter market. This is because rise in incidence and prevalence of cardiac and other heart related diseases, presence of developed healthcare infrastructure, increasing research and drug development activities, presence of major players, and large number of product developments (approvals & launch), propels the growth of the market in the region. Asia Pacific is third promising revenue contributor which is expected to grow at rapid pace in upcoming year. Countries such as Japan, India and China are major contributors for this market. Emerging and huge population base countries such as China and India offers tremendous market opportunities for the global radiofrequency ablation catheter market.
| Report Attribute | Specifications |
| Market Size Value In 2023 | USD 4237.92 Million |
| Revenue Forecast In 2031 | USD 9,166.28 Million |
| Growth Rate CAGR | CAGR of 10.25% from 2024 to 2031 |
| Quantitative Units | Representation of revenue in US$ Million, Volume (Unit), and CAGR from 2024 to 2031 |
| Historic Year | 2019 to 2023 |
| Forecast Year | 2024-2031 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | By Type |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
| Competitive Landscape | Stryker Corporation, Halyard Health, Inc., AtriCure, Inc., Bramsys Medical Systems, Medtronic Plc, St. Jude Medical, Inc., C. R. Bard, Inc., Hologic, Inc., Sutter Medizintechnik GmbH, Epimed International, Boston Scientific Corporation, Arthrex, Inc., AngioDynamics, Inc., Baylis Medical, sfm medical devices GmbH, ENDO-FLEX GmbH, Johnson & Johnson, and inomed Medizintechnik GmbH, and Others |
| Customization Scope | Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
| Pricing and Available Payment Methods | Explore pricing alternatives that are customised to your particular study requirements. |
Global Radiofrequency Ablation Catheter Market Outlook (Value (US$ Mn) and Volume (No. of Units) By Type
Global Radiofrequency Ablation Catheter Market Outlook (Value (US$ Mn) and Volume (No. of Units), By Region
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Radiofrequency Ablation Catheters Market Snapshot
Chapter 4. Global Radiofrequency Ablation Catheters Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. COVID 19 Impact Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
Chapter 5. Market Segmentation 1: Product Types Estimates & Trend Analysis
5.1. Product Types & Market Share, 2023 & 2031
5.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2019 to 2031 for the following Product Types:
5.2.1. Irrigated Radiofrequency Ablation Catheter
5.2.2. Non-Irrigated Radiofrequency Ablation Catheter
Chapter 6. Market Segmentation 2: End-Users & Trend Analysis
6.1. End-Users & Market Share, 2023 & 2031
6.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2019 to 2031 for the following End-Users:
6.2.1. Hospitals
6.2.2. Diagnostic Centers
6.2.3. Ambulatory Surgical Centers
Chapter 7. Radiofrequency Ablation Catheters Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts Product Types, 2024-2031
7.1.2. North America Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts End-Users, 2024-2031
7.1.3. North America Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2024-2031
7.1.3.1. U.S.
7.1.3.2. Canada
7.2. Europe
7.2.1. Europe Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) Product Types, 2024-2031
7.2.2. Europe Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts End-Users, 2024-2031
7.2.3. Europe Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) by country, 2024-2031
7.2.3.1. Germany
7.2.3.2. Poland
7.2.3.3. France
7.2.3.4. Italy
7.2.3.5. Spain
7.2.3.6. UK
7.2.3.7. Rest of Europe
7.3. Asia Pacific
7.3.1. Asia Pacific Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) Product Types, 2024-2031
7.3.2. Asia Pacific Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts End-Users, 2024-2031
7.3.3. Asia Pacific Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) by country, 2024-2031
7.3.3.1. China
7.3.3.2. India
7.3.3.3. Japan
7.3.3.4. Australia
7.3.3.5. Rest of Asia Pacific
7.4. Latin America
7.4.1. Latin America Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) Product Types, 2024-2031
7.4.2. Latin America Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts End-Users, 2024-2031
7.4.3. Latin America Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) by country, 2024-2031
7.4.3.1. Brazil
7.4.3.2. Rest of Latin America
7.5. MEA
7.5.1. MEA Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts Product Types, 2024-2031
7.5.2. MEA Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts End-Users, 2024-2031
7.5.3. MEA revenue Radiofrequency Ablation Catheters Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2024-2031
7.5.3.1. South Africa
7.5.3.2. Rest of MEA
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Stryker Corporation
8.2.2. Halyard Health, Inc.
8.2.3. AtriCure, Inc.
8.2.4. Bramsys Medical Systems
8.2.5. Medtronic Plc
8.2.6. St. Jude Medical, Inc. (Abbott)
8.2.7. C. R. Bard, Inc. (BD)
8.2.8. Hologic, Inc.
8.2.9. Sutter Medizintechnik GmbH
8.2.10. Epimed International
8.2.11. Boston Scientific Corporation
8.2.12. Arthrex, Inc.
8.2.13. AngioDynamics, Inc.
8.2.14. Baylis Medical
8.2.15. sfm medical devices GmbH
8.2.16. ENDO-FLEX GmbH
8.2.17. Johnson & Johnson
8.2.18. inomed Medizintechnik GmbH
Global Radiofrequency Ablation Catheter Market Outlook (Value (US$ Mn) and Volume (No. of Units) By Type
Global Radiofrequency Ablation Catheter Market Outlook (Value (US$ Mn) and Volume (No. of Units), By Region