Pulsed Field Ablation Market: By Therapeutic Area, By Product Components, By Application Area, By Source of Ablation and Region Forecast 2019-2030.

Pulsed Field Ablation Market Size, Share, Growth, Trends, and Global Industry Analysis: By Therapeutic Area (Cardiovascular Disorders, Oncological Disorders, Respiratory Disorders, Dermatological Disorders), By Product Components (Catheter, Generator), By Application Area (Ablation, Ablation and Mapping), By Source of Ablation (Pulsed Field Energy, Pulsed Field and Radiofrequency Energy, Pulsed Field and Cryoablation Energy) and Region Forecast 2019-2030.

Pulsed Field Ablation Market size was valued at US$ 121.8 million in 2023 and is expected to grow at a CAGR of 38.1% from 2024 to 2030. Pulsed-field ablation (Pulsed Field Ablation) is an innovative non-thermal ablation technology primarily used in treating cardiac arrhythmias, particularly atrial fibrillation. This technique uses short, high-voltage electrical pulses to create pores in cell membranes, leading to cell death in targeted tissue while minimizing damage to surrounding structures. The increasing prevalence of cardiovascular disorders, especially atrial fibrillation, is a primary driver for the PFA market.

The potential for Pulsed Field Ablation to offer safer and more efficient ablation procedures compared to traditional thermal-based methods is fueling market growth. Ongoing research exploring Pulsed Field Ablation applications in oncology and other medical fields is expanding the market's potential. Technological advancements in catheter design and energy delivery systems contribute to improved procedural outcomes and drive adoption. The market is also benefiting from increased healthcare expenditure and a growing focus on minimally invasive procedures. However, challenges such as the high cost of Pulsed Field Ablation systems and the need for extensive clinical validation may hinder market growth. 

Key Developments:

 In January 2023, Boston Scientific announced the commencement of the ADVANTAGE AF clinical trial to evaluate the safety and effectiveness of the FARAPULSE Pulsed Field Ablation System.

  • Expand the evidence base for Pulsed Field Ablation technology in treating atrial fibrillation
  • Potentially broaden the application of Pulsed Field Ablation in complex arrhythmia cases
  • Further establish Pulsed Field Ablation as a standard of care in electrophysiology

Pulsed Field Ablation Market Summary

Study Period

2024– 2030

Base Year

2023

CAGR

38.1%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific

Pulsed Field Ablation Market Dynamics

The rising incidence of cardiovascular disorders, particularly atrial fibrillation, is a significant driver for the pulsed field ablation market. Pulsed Field Ablation offers potential advantages over traditional radiofrequency and cryoablation techniques, including reduced risk of collateral tissue damage and shorter procedure times. These benefits are driving adoption among electrophysiologists and healthcare providers. Furthermore, there has been increased investment in research and development to expand Pulsed Field Ablation applications beyond cardiac arrhythmias, including potential uses in cancer treatment and other medical fields. This expansion of potential therapeutic areas is expected to fuel market growth in the coming years. The COVID-19 pandemic initially slowed market growth due to postponement of elective procedures but has since led to increased focus on developing more efficient and safer medical technologies, potentially benefiting the market in the long term. However, the high cost of pulsed field ablation systems and the need for extensive clinical data to support widespread adoption may pose challenges to market growth.

Pulsed Field Ablation Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024– 2030

Market Size in 2023

US$ 121.8 million

Market CAGR

38.1%

By Therapeutic Area

  • Cardiovascular Disorders
  • Oncological Disorders
  • Respiratory Disorders
  • Dermatological Disorders

By Product Components

  • Catheter
  • Generator

By Application Area

  • Ablation
  • Ablation and Mapping

By Source of Ablation

  • Pulsed Field Energy
  • Pulsed Field and Radiofrequency Energy
  • Pulsed Field and Cryoablation Energy

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The pulsed field ablation market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The pulsed field ablation market was valued at US$ 121.8 million in 2023 and is expected to grow at a CAGR of 38.1% from 2024 to 2030.

Asia-Pacific region is expected to exhibit the fastest growth during the forecast period

The leading players in the global Pulsed Field Ablation Market are Medtronic, Boston Scientific Corporation, Abbott Laboratories, Johnson & Johnson, Biosense Webster, AtriCure, Inc., Acutus Medical, Inc., AngioDynamics, Inc., Galvanize Therapeutics, Inc., and Adagio Medical, Inc.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Pulsed Field Ablation Market  Introduction 
2.1.Global Pulsed Field Ablation Market   - Taxonomy
2.2.Global Pulsed Field Ablation Market   - Definitions
2.2.1.Therapeutic Area
2.2.2.Product Components
2.2.3.Application Area
2.2.4.Source of Ablation
2.2.5.Region
3. Global Pulsed Field Ablation Market  Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Pulsed Field Ablation Market  Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Pulsed Field Ablation Market   By Therapeutic Area, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Cardiovascular Disorders
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Oncological Disorders
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Respiratory Disorders
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Dermatological Disorders
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6. Global Pulsed Field Ablation Market   By Product Components, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Catheter
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Generator
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Pulsed Field Ablation Market   By Application Area, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Ablation
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Ablation and Mapping
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8. Global Pulsed Field Ablation Market   By Source of Ablation, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Pulsed Field Energy
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Pulsed Field and Radiofrequency Energy
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Pulsed Field and Cryoablation Energy
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
9. Global Pulsed Field Ablation Market   By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Pulsed Field Ablation Market  ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Therapeutic Area Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Cardiovascular Disorders
10.1.2.Oncological Disorders
10.1.3.Respiratory Disorders
10.1.4.Dermatological Disorders
10.2.  Product Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Catheter
10.2.2.Generator
10.3.  Application Area Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Ablation
10.3.2.Ablation and Mapping
10.4.  Source of Ablation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Pulsed Field Energy
10.4.2.Pulsed Field and Radiofrequency Energy
10.4.3.Pulsed Field and Cryoablation Energy
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Pulsed Field Ablation Market  ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Therapeutic Area Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Cardiovascular Disorders
11.1.2.Oncological Disorders
11.1.3.Respiratory Disorders
11.1.4.Dermatological Disorders
11.2.  Product Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Catheter
11.2.2.Generator
11.3.  Application Area Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Ablation
11.3.2.Ablation and Mapping
11.4.  Source of Ablation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Pulsed Field Energy
11.4.2.Pulsed Field and Radiofrequency Energy
11.4.3.Pulsed Field and Cryoablation Energy
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Pulsed Field Ablation Market  ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Therapeutic Area Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Cardiovascular Disorders
12.1.2.Oncological Disorders
12.1.3.Respiratory Disorders
12.1.4.Dermatological Disorders
12.2.  Product Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Catheter
12.2.2.Generator
12.3.  Application Area Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Ablation
12.3.2.Ablation and Mapping
12.4.  Source of Ablation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Pulsed Field Energy
12.4.2.Pulsed Field and Radiofrequency Energy
12.4.3.Pulsed Field and Cryoablation Energy
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Pulsed Field Ablation Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Therapeutic Area Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Cardiovascular Disorders
13.1.2.Oncological Disorders
13.1.3.Respiratory Disorders
13.1.4.Dermatological Disorders
13.2.  Product Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Catheter
13.2.2.Generator
13.3.  Application Area Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Ablation
13.3.2.Ablation and Mapping
13.4.  Source of Ablation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Pulsed Field Energy
13.4.2.Pulsed Field and Radiofrequency Energy
13.4.3.Pulsed Field and Cryoablation Energy
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Pulsed Field Ablation Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Therapeutic Area Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Cardiovascular Disorders
14.1.2.Oncological Disorders
14.1.3.Respiratory Disorders
14.1.4.Dermatological Disorders
14.2.  Product Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Catheter
14.2.2.Generator
14.3.  Application Area Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Ablation
14.3.2.Ablation and Mapping
14.4.  Source of Ablation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Pulsed Field Energy
14.4.2.Pulsed Field and Radiofrequency Energy
14.4.3.Pulsed Field and Cryoablation Energy
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Medtronic
15.2.2.Boston Scientific Corporation
15.2.3.Abbott Laboratories
15.2.4.Johnson & Johnson
15.2.5.Biosense Webster (a Johnson & Johnson company)
15.2.6.AtriCure, Inc.
15.2.7.Acutus Medical, Inc.
15.2.8.AngioDynamics, Inc.
15.2.9.Galvanize Therapeutics, Inc.
15.2.10.Adagio Medical, Inc.
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Medtronic
  • Boston Scientific Corporation
  • Abbott Laboratories
  • Johnson & Johnson
  • Biosense Webster (a Johnson & Johnson company)
  • AtriCure, Inc.
  • Acutus Medical, Inc.
  • AngioDynamics, Inc.
  • Galvanize Therapeutics, Inc.
  • Adagio Medical, Inc.

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