Cardiac Ablation Market Share

North American Market Forecast

The North American cardiac ablation market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037, backed by the presence of key pharmaceutical equipment companies, along with rise in number of clinical trials. Moreover, the prevalence of heart disease is also high in this region which is also estimated to boost the growth of the cardiac ablation market in this region.  Most prevalent form of heart disease, coronary heart disease (CHD), claims the lives of over 382,820 people each year in United States. Almost 805,000 people experience a heart attack each year. 605,000 of these result in a first-time heart attack, while 200,000 are caused by previous heart attacks. Further, there has been growing investment made in the development of cardiac ablators and rise in technological advancement, which would further enhance productivity which would also boost the cardiac ablation market growth in this region.

APAC Market Statistics

The Asia Pacific cardiac ablation market, amongst the market in all the other regions, is projected to grow with the highest CAGR during the forecast period. The growth of the market in this region can be attributed to the growing geriatric population who are prone to cardiovascular disease. However, adults as well as young people in this region are estimated to diagnose with cardiovascular disease. Although, it has less than 20% of the global population, according to estimates from the Indian Heart Association, India is responsible for over 60% of the burden of heart disease worldwide. This may be attributed to a genetic susceptibility to metabolic dysregulation and cardiomyopathy, as well as a recent change in modifiable risk factors towards increased consumption of red meat, saturated fats, and trans fats, junk foods, and higher levels of stress. Hence, the adoption of cardiovascular disease treatment is estimated to increase in this region, further boosting the market growth. Moreover, there has been a rise in manufacturers of ablation in this region, which is estimated to influence the growth of the cardiac ablation market.