Connect with us

Technology

Ablation Technology Market worth $9.62 billion by 2029 driven by Emerging Tech Innovations | MarketsandMarkets™

Published

on

CHICAGO, Aug. 23, 2024 /PRNewswire/ — The global Ablation Technology Market is valued at an estimated USD 6.11 billion in 2024 and is projected to reach USD 9.62 billion by 2029 at a CAGR of 9.5% during the forecast period. The ablation technology market is driven by expanding access to healthcare, a preference for minimally invasive treatments, and the application of ablation procedures in new fields. Key factors include rising public awareness campaigns, increasing global healthcare expenditure, and supportive reimbursement policies. Emerging markets like India and China present significant growth opportunities due to expanding private healthcare sectors and growing patient populations. However, challenges include rigorous regulatory frameworks and therapeutic complications such as adverse effects from cryogenic gases. The market is segmented by technology, with radiofrequency ablation leading in 2023 due to its safety and efficacy. Consumables dominate by product type, driven by increased oncological surgeries and the need for single-use devices. Cardiovascular disease treatment holds the largest application share, while hospitals, surgical centers, and ablation centers are the primary end users. North America, particularly the US, is expected to remain the largest market due to its technological advancements and supportive healthcare infrastructure. Major players include Johnson & Johnson, Medtronic, Boston Scientific, Abbott, and Atricure.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=791

Browse in-depth TOC on “Ablation Technology Market”

226 – Tables
64 – Figures
290 – Pages

Johnson & Johnson: Innovator in Ablation Technology

Johnson & Johnson (US) is a prominent player in the ablation technology market through its subsidiaries, Ethicon Inc. and Biosense Webster, Inc. The company specializes in pulsed field ablation platforms and therapeutic catheters. To expand its portfolio, Johnson & Johnson acquired Laminar, Inc. (US), enhancing its capabilities in this field. Committed to advancing patient outcomes, the company invests significantly in research and development. With 89 manufacturing facilities, primarily in the US, Johnson & Johnson offers its products globally through direct presence and various distribution channels.

Medtronic Plc: Global Leader in Ablation Solutions

Medtronic Plc (US) is a major force in the ablation technology market, operating in over 150 countries across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. The company provides cardiac ablation solutions through its cardiac rhythm & heart failure segment and offers gastrointestinal and endoscopy ablation systems under its Medical Surgical Portfolio. Additionally, Medtronic’s neuromodulation division supplies tumor ablation systems. Its global presence and extensive reach support its robust position in the market.

Boston Scientific Corporation: Strategic Innovator in Ablation Technology

Boston Scientific Corporation (US) is a key player in the ablation technology market, focusing on innovation and strategic acquisitions. The company acquired Lumenis LTD (Israel), known for its laser systems, and strengthened its electrophysiology portfolio by purchasing Farapulse, Inc. (US) and Relievant Medsystems, Inc. (US). With 15 manufacturing facilities worldwide, including eight in the US and Puerto Rico, and distribution centers across major regions, Boston Scientific continues to drive growth through strategic investments and global presence.

Abbott: Expanding Its Ablation Technology Portfolio

Abbott (US) provides ablation devices and catheters under its electrophysiology subsegment. Operating through 291 international and 100 domestic subsidiaries, including Abbott GmbH & Co., KG (Germany) and Abbott Cardiovascular, Inc. (US), Abbott offers a wide range of products globally. The company’s acquisition of Cardiovascular Systems Inc. (US) has enhanced its portfolio with alternative solutions for vascular disease treatment. Abbott’s global reach and strategic acquisitions underline its commitment to expanding its ablation technology offerings.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=791

Product Segment: Consumables Dominate Ablation Technology Market

The ablation technology market is divided into two primary segments: ablation systems and consumables. In 2023, the consumables segment held the largest market share. This dominance is driven by a growing patient population, increasing awareness of early detection, and advancements in consumable technologies. These factors have significantly boosted demand for consumables in the market.

Application Segment: Cardiovascular Disease Treatment Leads Market

The market is segmented by application into cardiovascular disease treatment, cancer treatment, orthopedic treatment, cosmetic/aesthetic treatment, urological treatment, gynecological treatment, pain management, ophthalmological treatment, and other applications. In 2023, cardiovascular disease treatment was the largest segment. The segment’s growth is fueled by a rise in global cardiovascular disease cases, new product launches and approvals for cardiac ablation solutions, and supportive reimbursement policies.

End User Segment: Hospitals and Surgical Centers Lead Market

End users of ablation technology include hospitals, surgical centers, ablation centers, ambulatory surgical centers, medical spas, aesthetic clinics, dermatology clinics, and other facilities. In 2023, hospitals, surgical centers, and ablation centers held the largest market share. The increase in hospital numbers and partnerships with insurance companies allows for investment in advanced ablation technologies, leading to broader adoption and improved patient care.

Regional Insights: North America Holds Largest Market Share

The ablation technology market is segmented by region into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2023, North America accounted for the largest market share, followed by Europe and Asia Pacific. Asia Pacific is anticipated to exhibit the highest growth rate from 2024 to 2029. North America’s market dominance is attributed to the presence of major players, high incidence of relevant diseases, and robust research activities.

For more information, inquire now! Inquire Now

Related Reports:

Electrosurgery Market

Tumor Ablation Market

Neuromodulation Market

Pain Management Devices Market

Interventional Oncology Market

Get access to the latest updates on Ablation Technology Companies and Ablation Technology Market Share

About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg

View original content:https://www.prnewswire.co.uk/news-releases/ablation-technology-market-worth-9-62-billion-by-2029-driven-by-emerging-tech-innovations–marketsandmarkets-302229348.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Walmart Has 23.6% of U.S. Grocery Sales – But Costco Owns the AI Answer – 5W Grocery Retail AI Visibility Index 2026

Published

on

By

Walmart Owns 21% of U.S. Grocery — But Costco Owns the AI Answer 

NEW YORK, May 7, 2026 /PRNewswire/ — 5WPR, the premier AI communications firm in the United States, today released the U.S. Grocery Retail AI Visibility Index 2026 — the 11th installment in 5W’s AI Visibility Index research series, and the first to rank American grocery retailers by how frequently they are cited inside AI-generated answers.

The headline finding rewrites the category league table.

Walmart, with approximately 21 percent of U.S. grocery market share — the largest in the country — ranks fourth in AI citation share. The retailer cited most often when American shoppers ask ChatGPT, Claude, Perplexity, or Google AI Overviews where to buy their groceries is Costco. Trader Joe’s ranks second. Whole Foods ranks third. Aldi, H-E-B, and Wegmans are all punching far above what their physical footprint would predict.

“Market share is a lagging indicator. AI citation share is a leading indicator,” said Ronn Torossian, Founder and Chairman of 5W. “The grocers who close that gap in 2026 will define the category in 2030. Most grocery CMOs we talk to are running 2019 playbooks against 2026 consumer behavior.”

5W researchers ran more than 80 consumer-intent queries across 12 sub-categories — best overall grocery store, cheapest, highest-quality produce, best private label, best organic, best meal planning, best bulk, best delivery, best customer service, best regional, and others — across the four leading consumer AI platforms. Each retailer was scored on citation frequency, position within the answer, sentiment, and sub-category dominance.

The top 10: Costco, Trader Joe’s, Whole Foods, Walmart, Kroger, Aldi, H-E-B, Publix, Wegmans, and Target.

Key structural findings:

Market share no longer predicts AI citation share. Walmart’s roughly 21 percent share translates to an estimated 8 to 10 percent AI citation share across premium query categories. The decoupling is the single largest such gap in American retail.Private label is the highest-leverage citation asset a grocer owns. Kirkland, Trader Joe’s, 365, Good & Gather, and Great Value are cited directly by name in AI answers at rates that exceed most national CPG brands.Regional loyalty translates directly into regional AI dominance. Regional chains outperform national chains in their home markets by 3x or more.Reddit and TikTok are under-priced citation surfaces. Perplexity pulls a majority of its answers from community sources. ChatGPT and Claude weight Reddit heavily.

The report also identifies six 2026 dynamics reshaping the category, including the new GLP-1 grocery basket, Aldi’s expansion as a citation-compounding program, and Walmart’s CEO transition from Doug McMillon to John Furner — effective February 1, 2026 — as a brand-narrative inflection point.

The full Index, including ranks 11 through 25 and sub-category breakdowns, is available as a free download at 5wpr.com/research.

About 5W

5W is the AI Communications Firm, building brand authority across the platforms where decisions now happen — ChatGPT, Claude, Perplexity, Gemini, and Google AI Overviews — alongside earned media, digital, and influencer channels. 5W combines public relations, digital marketing, Generative Engine Optimization (GEO), and proprietary AI visibility research, helping clients measure and grow their presence in AI-driven buyer research. 

Founded more than 20 years ago, 5W has been recognized as a top U.S. PR agency by O’Dwyer’s, named Agency of the Year in the American Business Awards®, and honored as a Top Place to Work in Communications in 2026 by Ragan. 5W serves clients across B2C sectors including Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, and Nonprofit; B2B specialties including Corporate Communications and Reputation Management; as well as Public Affairs, Crisis Communications, and Digital Marketing, including Social Media, Influencer, Paid Media, GEO, and SEO. 5W was also named to the Digiday WorkLife Employer of the Year list.

For more information, visit www.5wpr.com.

Media Contact
Chris Bergin
cbergin@5wpr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/walmart-has-23-6-of-us-grocery-sales—but-costco-owns-the-ai-answer—5w-grocery-retail-ai-visibility-index-2026–302763266.html

SOURCE 5W Public Relations

Continue Reading

Technology

ICAT Logistics Appoints Youssef Annali as Chief Financial Officer

Published

on

By

Transportation and logistics finance leader joins as ICAT accelerates its next phase of growth

DALLAS, May 7, 2026 /PRNewswire/ — ICAT Logistics announces the appointment of Youssef Annali as Chief Financial Officer. Annali brings more than two decades of senior finance leadership across global logistics and supply chain businesses, and joins as the company scales its platform, team, and operational capabilities globally. 

Annali joins ICAT from OIA Global, a $1.4 billion revenue supply chain management leader, where he served as CFO for four years overseeing Finance, Corporate Development, Strategy, Legal, Compliance, and Real Estate. Prior to OIA, he spent eleven years at CEVA Logistics—one of the world’s largest freight and logistics providers—rising to CFO & EVP Finance for North America, where he held financial accountability for a business generating over $4.5 billion in annual revenue and more than 14,000 employees. Earlier in his career, he served in senior finance roles at Abbott, KPMG, and PricewaterhouseCoopers.

Annali has a consistent track record of building finance functions that support strategic growth and has deep experience across financial planning, M&A, treasury, and corporate restructuring. He holds a Post-Master’s in Finance and Control from the University of Amsterdam and a Master’s in Business Administration from the University of Groningen.

“Youssef has led high-performing finance teams at the highest levels of global logistics. He brings the operational depth and strategic mindset our platform demands as we enter the next phase of growth,” said Brad Stogner, CEO of ICAT Logistics.

“ICAT has built something genuinely differentiated—a specialized platform operating in verticals where precision and domain expertise are non-negotiable. The foundation is strong, and the opportunity ahead is significant. I look forward to working with the team to accelerate that momentum,” said Youssef Annali, Chief Financial Officer of ICAT Logistics.

About ICAT

ICAT is the world’s leading specialized logistics company, delivering customized solutions and deep vertical expertise to industries where failure is not an option. With 65 offices and operating capabilities in 190 countries, ICAT serves customers across Live Events, Luxury, Technology, Defense & Aerospace, Life Sciences, and Financial Institutions—sectors defined by uncompromising performance standards. ICAT’s proprietary, AI-powered technology platform provides end-to-end visibility and predictive intelligence, enabling precise execution for the most demanding operations.

ICAT is backed by New Atlas Capital following its acquisition of the Company in 2024.

Contact Information

ICAT Logistics, Inc.
8840 Cypress Waters Blvd, Ste 325,
Coppell, TX, 75019
marketing@icatlogistics.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/icat-logistics-appoints-youssef-annali-as-chief-financial-officer-302765924.html

SOURCE ICAT Logistics, Inc.

Continue Reading

Technology

HelloNation Article Highlights Poughkeepsie’s Focus on Youth Investment, Neighborhood Parks and Sustainable Reuse

Published

on

By

The article examines how redevelopment projects and youth programs are reshaping community life across Poughkeepsie.

POUGHKEEPSIE, N.Y., May 7, 2026 /PRNewswire/ — What does long term community growth look like when a city invests in both people and public spaces? HelloNation has published a HelloNation article that provides the answer through a detailed look at how Poughkeepsie is combining youth investment, neighborhood improvements and adaptive reuse projects to support residents and strengthen the city’s future.

The article explains that Poughkeepsie is undergoing a period of reinvention centered on infrastructure upgrades, youth programming and redevelopment along the city’s Northside. According to the article, local and county leaders are working to create spaces where residents can learn, gather and build stronger community connections. The article notes that these efforts are intended to improve quality of life while helping the city grow in a more sustainable and inclusive way.

A major focus of the article is the planned Youth Opportunity Union, also known as the YOU, a large multipurpose youth facility backed by Dutchess County. The HelloNation article describes the project as a 19,000 square foot center that will include childcare services, wellness support, tutoring areas, teaching kitchens and both indoor and outdoor recreation spaces. The article explains that the project reflects a larger regional effort to increase opportunities for children and teenagers in underserved communities.

The article also highlights additional youth centered investments connected to sports, education and recreation. According to the article, Dutchess County has awarded grants to local organizations serving young people between the ages of 6 and 17. The article further explains that Poughkeepsie’s City Parks program has introduced mini grants designed to support renovations and activities in neighborhood parks, including Pershing Avenue and Malcolm X parks.

Beyond youth programs, the article details how the city is working to improve transportation and neighborhood infrastructure. The HelloNation article explains that Poughkeepsie launched its first five year paving plan in 2025, beginning with major roadway improvements on Main Street and other corridors. The article states that these upgrades are intended to improve safety, durability and daily conditions for residents while supporting broader redevelopment goals throughout the city.

Another important part of the article focuses on adaptive reuse and environmental redevelopment on the Northside. The article describes how Scenic Hudson plans to transform the former Standard Gage Factory into the Northside Hub, a redevelopment project designed to serve as both a nonprofit headquarters and a community gathering space. According to the article, the project will feature solar powered operations, office space, public parkland and community facilities near the Walkway Over the Hudson and Dutchess Rail Trail.

The article also explains that Poughkeepsie’s selection as the Mid Hudson winner in New York’s Downtown Revitalization Initiative adds additional momentum to current redevelopment efforts. The HelloNation article notes that the funding will support new downtown projects that build on existing investments in youth programs, infrastructure and adaptive reuse. Together, these efforts are presented as part of a broader strategy to create long term stability and opportunity for local residents.

The article concludes that Poughkeepsie’s emerging identity is closely tied to projects that strengthen neighborhoods while supporting future generations. Poughkeepsie Puts Youth, Neighborhood Parks and Sustainable Reuse at the Center of Renewal features insights from HelloNation Staff Writer, community development coverage of Poughkeepsie, New York, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused digital publications and innovative “edvertising” approach, HelloNation delivers expert-driven, good-news content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities. HelloNation maintains partnerships with the U.S. Conference of Mayors, and the United States First Responders Association.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-article-highlights-poughkeepsies-focus-on-youth-investment-neighborhood-parks-and-sustainable-reuse-302765999.html

SOURCE HelloNation

Continue Reading

Trending