Ablation Devices Market Size, Share, Growth Analysis, By Ablation Devices Market(Radiofrequency Devices, Laser/Light Ablators (Excimer laser ablators, Cold laser ablators), Ultrasound Devices (High-intensity focused ultrasound ablators), By Application(Cardiovascular Disease Treatment, Cosmetic/Aesthetic Surgery, Orthopaedic Treatment, Cancer Treatment (Liver Cancer), By End use(Hospitals, Surgical Centers, Ablation Centers, Ambulatory Surgical Centers), By Region - Industry Forecast 2024-2031

In 2023, the North American market accounted for more than 40% of the total revenue in the ablation devices industry. The rising frequency of cancer and other chronic illnesses, as well as the growing elderly population, are some of the primary drivers driving regional market expansion. According to the American Cancer Society, around 1.9 million new instances of cancer were recorded in the area, with roughly 693,000 deaths. 

Furthermore, the elderly population is more susceptible to numerous chronic illnesses due to structural changes associated with age, resulting in an increase in demand for treatment procedures, which will favourably impact product acceptance in the North American market. Furthermore, enhanced healthcare infrastructure, as well as increased adoption of technologically advanced ablation devices, are expected to drive regional market trends. 

In the next few years, it is projected that the Asia Pacific market will develop due to the increasing number of steps taken by the Indian government to lower the incidence of cancer and other related diseases. To raise awareness of the disease, the National Institute of Cancer Prevention and Research (NICPR) has started a programme named "India against Cancer." According to the NICPR, more than 11, 57,294 lakh new cases of cancer are reported each year in India, where an estimated 2.25 million people currently battle the condition. The nation experienced almost 7, 84,821 cancer-related deaths. These figures are expected to rise in the future, driving up demand for ablation equipment in India.