Pulsed Field Ablation Market is driven by rising obese population
7 Feb, 2025
Pulsed Field Ablation Market
The pulsed field ablation market is gaining significant traction owing to certain inherent advantages associated with the procedure over conventional ablation techniques. In pulsed field ablation, a catheter is used to deliver high energy electric fields in pulses to create discrete lesions in cardiac tissues thereby eliminating irregular heartbeats. The procedure is minimally invasive requiring only small incisions and is associated with high success rates of over 90% for treatment of arrhythmias. Additionally, pulsed field ablation causes less tissue damage than other ablation techniques and enables creation of continuous, transmural and contiguous lesions required for effective treatment. The Global Pulsed Field Ablation Market is estimated to be valued at USD 106.1 Million in 2024 and is expected to reach USD 1,122.1 Million by 2031, growing at a compound annual growth rate (CAGR) of 40.1% from 2024 to 2031. Key players operating in the pulsed field ablation are Medtronic, Boston Scientific, Johnson & Johnson (Biosense Webster), Abbott Laboratories, Kardium. Medtronic and Boston Scientific hold majority market share owing to their established sales and distribution network.
The increasing Pulsed Field Ablation Market and cardiovascular diseases globally is a major factor driving the demand for pulsed field ablation procedures. It is estimated that the number of people suffering from atrial fibrillation will double from 33.5 million to 66 million by 2030.
Technological advancements are expanding the applications of pulsed field ablation. Companies are developing irrigated-tip catheters and 3D imaging and mapping platforms integrated with pulsed field ablation to improve treatment outcomes. Market Trends Innovative catheter designs - Major players are focusing on developing innovative catheter designs for pulsed field ablation such as open irrigated tip catheters and wide circumferential lesions catheters to improve efficacy. Robotics and Digital integration - Integration of robotic platforms and digital technologies such as AI and 3D imaging with pulsed field ablation systems allow for more precise identification and ablation of cardiac tissues reducing risks of complications. Market Opportunities Expanding indications - With ongoing clinical trials, the applications of pulsed field ablation are expected to expand to treat more complex cardiac arrhythmias such as longstanding persistent atrial fibrillation. Emerging markets - While the US and Europe currently dominate the pulsed field ablation market, emerging countries in Asia Pacific and Latin America are expected to provide significant growth opportunities owing to increasing healthcare expenditures. Impact of Covid-19 on Pulsed Field Ablation Market Growth The COVID-19 pandemic has significantly impacted the growth of the pulsed field ablation market. In the pre-COVID era, the market was growing at a robust pace due to the increasing prevalence of atrial fibrillation and rising acceptance of minimally invasive procedures for cardiac arrhythmias treatment. However, during the pandemic, the market growth has witnessed a decline. This is mainly because elective medical procedures like pulsed field ablation were postponed or cancelled to avoid virus transmission and focus on critical COVID-19 cases. Various government restrictions on non-emergency medical services along with fear of virus exposure among patients further prevented the market's growth. With lockdowns being lifted now, the market is recouping steadily as healthcare facilities resume normal operations. Nevertheless, the demand is still recovering to reach pre-COVID levels. Interestingly, post-pandemic, the pulsed field ablation market is expected to grow at an accelerated pace. This is attributed to the growing preference for effective yet less invasive treatment options among patients. In addition, safety and efficacy concerns for antiarrhythmic drugs amid the pandemic could boost adoption of catheter ablation procedures. Furthermore, manufacturers are likely to focus more on developing innovative pulsed field ablation systems to meet the increasing needs and ensure better treatment outcomes. Geographical Regions with Highest Pulsed Field Ablation Market Value Currently, in terms of value, the pulsed field ablation market is highly concentrated in developed regions like North America and Europe. This can be attributed to the rising prevalence of atrial fibrillation, growing geriatric population susceptible to cardiac arrhythmias, well-established healthcare infrastructure, and availability of advanced treatment options in these regions. Furthermore, the regional market is fueled by the increasing research activities on pulsed field ablation technology and continuous product approvals. On the other hand, Asia Pacific is identified as the fastest-growing regional market owing to raising awareness, improving access to quality healthcare, and growing focus of key players on expanding their presence.
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
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