The United Kingdom boasts a strong healthcare system, featuring specialized cardiac centers, prioritizing cutting-edge cardiac arrhythmia treatments.

NEWARK, DELAWARE, UNITED STATES OF AMERICA, November 9, 2023 /EINPresswire.com/ -- By 2023, it is anticipated that the pulsed filed ablation industry would be valued US$ 1.3 million. By 2033, the market is anticipated to have grown at a compound annual growth rate (CAGR) of 24.2% to reach US$ 11.7 million. With an emphasis on using pulsed field ablation (PFA) technology to treat cardiac arrhythmias like atrial fibrillation and ventricular tachycardia, the pulsed field ablation market is a part of the medical devices sector.

Pulsed field ablation (PFA) technology is a minimally invasive approach that uses a pulsed electromagnetic field to apply energy to the cardiac tissue, resulting in the prevention of abnormal electrical signals that cause arrhythmias. This technology is considered to be highly efficient, safe and has multiple benefits over traditional methods of ablation.

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The market for pulsed field ablation is growing significantly due to the increasing prevalence of heart diseases globally and the rising demand for minimally invasive procedures. Other major drivers of the market include technological advancements in ablation techniques, improving healthcare infrastructure, and the rising geriatric population.

Overall, the pulsed field ablation market has a promising future with increasing demand for minimally invasive procedures, significant advancements in healthcare technologies, and a growing geriatric population.

Key Takeaways:

The pulsed filed ablation industry in the United States is predicted to increase at a 24.2% CAGR after the product’s expected launched in the U.S. market at around 2024 end.

The pulsed filed ablation industry in the United Kingdom is estimated to reach a market value of US$ 0.15 million, expanding at a CAGR of 21.9% by 2033.

During the forecast period, the pulsed filed ablation industry in China is expected to reach a market share of US$ 0.09 million, growing at 27.8% CAGR over the forecast duration.

The pulsed filed ablation industry in Japan is predicted to reach US$ 0.07 million by 2033, increasing at a 25.5% CAGR.

South Korea's pulsed filed ablation industry is predicted to achieve a market share of US$ 0.05 million, rising at a 31.0% CAGR during the forecast period.

With a CAGR of 23.9% from 2023 to 2033, pulsed field energy segment is expected to dominate the pulsed filed ablation industry.

With a CAGR of 23.7% from 2023 to 2033, the hospital is expected to dominate the pulsed filed ablation industry.

“Pulsed Field Ablation Market, a rapidly evolving segment in the medical device industry, is experiencing significant growth driven by its effectiveness in cardiac arrhythmia treatment. With its non-thermal energy delivery approach, this innovative technology is gaining traction among healthcare professionals for its potential to improve patient outcomes and reduce procedural risks,” opines Sabyasachi Ghosh Associate Vice President at Future Market Insights (FMI).

Key Players :

Boston Scientific
Medtronic
Johnson & Johnson
Kardium
Adagio Medical
Johnson & Johnson
Medtronic

Key Developments:

In March 2023, the only (PFA) catheters technology which has been publicly marketed for the treatment of atrial fibrillation (AF), which presently effects roughly 60 million people globally, was Boston Scientific's Farapulse system after getting CE clearance in 2021.

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Pulsed Field Ablation Industry Segmentation:

By Product:

Pulsed Field Energy
Pulsed Field plus Radiofrequency

By End User:

Hospitals
Cardiac Catheterization Laboratories
Ambulatory Surgical Centers

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East & Africa

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights, Inc.
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