Analyst Insights: Setting New Standards in a Nascent, Rapidly-Expanding Expanding Market
Galvanize Therapeutics’ Aliya PEF portfolio is distinguished by its advanced technology and versatility. The inclusion of the INUMI Flex Endoscopic Needle enhances the portfolio’s capability to address a broader range of medical conditions by offering a tool that combines efficiency with precision.
According to LSI’s Global Market Analysis and Projections (MAP), the pulsed electric field market is amongst the fastest-growing segments in the medtech industry. The market is projected to expand at an astounding compound annual growth rate (CAGR) of 80.7% from 2023 to 2028. This rapid growth is primarily due to the nascent nature of the PEF market and the anticipated increase in regulatory approvals for devices utilizing this technology.
The adoption of pulsed electric field technology across various medical fields, including cardiovascular, general surgery, lung, and aesthetics, highlights its broad applicability and transformative potential. As more PEF devices receive regulatory clearance, the market is expected to experience exponential growth, driven by the demand for minimally invasive and highly effective treatment options.
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