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Radiofrequency Ablation Devices Market

Radiofrequency Ablation Devices Market
  • MMC001274
  • Category: Healthcare & Life Sciences
  • Nov.2024
  • Publisher id : Meridian Market Consultants
  • No. of pages : 200
  • Rating :
  • Format : PDF,PPT

    
    
    


  • Report Description
  • Table Of Content
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Radiofrequency Ablation Devices Market Overview

The report is titled as ‘Radiofrequency Ablation Devices Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the radiofrequency ablation devices market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. Radiofrequency ablation devices market is expected to grow at a significant rate in the near future.

The global radiofrequency ablation devices market in 2020 is estimated for more than US$ 3.3 Bn and expected to reach a value of US$ 7.5 Bn by 2028 with a significant CAGR of 10.9%.

Radiofrequency Ablation Devices Market Definition

Radiofrequency ablation is a medical procedure in which heat generated from medium frequency alternating current is transmitted to the part of the electrical conduction system of the heart, tumor or other dysfunctional tissue in order to ablate it.

The radiofrequency ablation device produces an electrical current generated by the radio wave which serves its utility in heating a tiny area of nerve tissue, thereby lowering the pain signals from that particular part.

The radiofrequency ablation devices are easy to use, highly efficient as well as secure, which adds to their increased demand in the global market. Therefore, the global radiofrequency ablation devices market is projected to propel rapidly in the near future.

More importantly, the radiofrequency ablation device promotes its utility in various applications in the treatment of numerous diseases like arrhythmia, cancer, solid tumors, uterine fibroids, and other medical conditions.

In addition, the advancements in the healthcare industry which have resulted in enhanced medical devices and treatments in recent past years also includes the rising emergence of minimally invasive medical procedures, which is also positively fueling the growth of the global radiofrequency ablation devices market in the coming years.

Radiofrequency Ablation Devices Market Dynamics

One of the major factors accelerating the growth of radiofrequency ablation devices is the rising incidence of cardiovascular diseases, several kinds of cancer and associated pain, different types of solid tumors, and other medical conditions among the population across the globe.

By the same token, the ever-increasing geriatric population, along with increasing life expectancy, is also expected to boost the growth of the radiofrequency ablation devices market during the forecast timeframe.

Noticeably, the aging population is considered more vulnerable to chronic diseases which further increases the growth opportunities for radiofrequency ablation devices. For instance, the global population aged 60 years and above is estimated to range 2 billion by 2050, as per the World Health Organization, which further elevates the maximum need for adequate medical care and treatment. Attributing to this, the radiofrequency ablation devices market is expected to grow briskly in the near future.

Also, the enhancement in the overall healthcare industry over the past decade has resulted in increased demand for minimally-invasive medical procedures, which further gives a positive push to the growth of the radiofrequency ablation devices market.

However, the huge cost and lack of knowledge about the availability of improved treatments, particularly in emerging regions, may obstruct the growth of the radiofrequency ablation devices market in the coming years.

Radiofrequency Ablation Devices Market Key Players

Some of the key participating players in the radiofrequency ablation devices market are

•    Boston Scientific Corporation

•    Medtronic

•    Stryker

•    Cosman Medical Inc.

•    St. Jude Medical

•    Smith & Nephew

•    Johnson & Johnson (J&J) Services LLC

•    Angiodynamics

Radiofrequency Ablation Devices Market Segmentation

The radiofrequency ablation devices market is segmented on the basis of product type, application, and region.

By Product Type

•    Disposable Equipment

•    Capital Equipment

•    Reusable Equipment

By Application

•    Surgical Oncology

•    Cardiology & Cardiac Rhythm Management

•    Cosmetology

•    Gynecology

•    Pain Management

By Region

•    North America

•    Latin America

•    Europe

•    Asia Pacific

•    Middle East

•    Africa

MMC Overview on Radiofrequency Ablation Devices Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.

A research report on the Radiofrequency Ablation Devices market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Radiofrequency Ablation Devices

•    Advantages of Radiofrequency Ablation Devices

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Radiofrequency Ablation Devices Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Radiofrequency Ablation Devices Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Radiofrequency Ablation Devices Market Snapshot

2.4.    Global Radiofrequency Ablation Devices Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Radiofrequency Ablation Devices Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Radiofrequency Ablation Devices Market, By Product Type

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Product Type

3.1.2.    BPS Analysis, By Product Type

3.2.    Market Revenue (US$Mn) Forecast, By Product Type

3.2.1.    Disposable Equipment

3.2.2.    Capital Equipment

3.2.3.    Reusable Equipment

3.3.    Global Radiofrequency Ablation Devices Market Attractiveness Index, By Product Type

4.    Global Radiofrequency Ablation Devices Market, By Application

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Application

4.1.2.    BPS Analysis, By Application

4.2.    Market Revenue (US$Mn) Forecast, By Application

4.2.1.    Surgical Oncology

4.2.2.    Cardiology & Cardiac Rhythm Management

4.2.3.    Cosmetology

4.2.4.    Gynecology

4.2.5.    Pain Management

4.3.    Global Radiofrequency Ablation Devices Market Attractiveness Index, By Application

5.    Global Radiofrequency Ablation Devices Market, By Region

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Region

5.1.2.    BPS Analysis, By Region

5.2.    Market Revenue (US$Mn) Forecast, By Region

5.2.1.    North America

5.2.2.    Latin America

5.2.3.    Europe

5.2.4.    Asia Pacific

5.2.5.    Middle East

5.2.6.    Africa

5.3.    Global Radiofrequency Ablation Devices Market Attractiveness Index, By Region

6.    North America Radiofrequency Ablation Devices Market Analysis and Forecast, 2020–2028

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Country

6.1.2.    BPS Analysis, By Country

6.2.    Market Revenue (US$Mn) Forecast, By Country

6.2.1.    U.S. Radiofrequency Ablation Devices Market

6.2.2.    Canada Radiofrequency Ablation Devices Market

6.3.    North America Radiofrequency Ablation Devices Market, By Product Type

6.3.1.    Disposable Equipment

6.3.2.    Capital Equipment

6.3.3.    Reusable Equipment

6.4.    North America Radiofrequency Ablation Devices Market, By Application

6.4.1.    Surgical Oncology

6.4.2.    Cardiology & Cardiac Rhythm Management

6.4.3.    Cosmetology

6.4.4.    Gynecology

6.4.5.    Pain Management

6.5.    North America Radiofrequency Ablation Devices Market Attractiveness Index

6.5.1.    By Country

6.5.2.    By Product Type

6.5.3.    By Application

7.    Latin America Radiofrequency Ablation Devices Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market (US$Mn) Forecast, By Country

7.2.1.    Brazil Radiofrequency Ablation Devices Market

7.2.2.    Mexico Radiofrequency Ablation Devices Market

7.2.3.    Argentina Radiofrequency Ablation Devices Market

7.2.4.    Rest of Latin America Radiofrequency Ablation Devices Market

7.3.    Latin America Radiofrequency Ablation Devices Market, By Product Type

7.3.1.    Disposable Equipment

7.3.2.    Capital Equipment

7.3.3.    Reusable Equipment

7.4.    Latin America Radiofrequency Ablation Devices Market, By Application

7.4.1.    Surgical Oncology

7.4.2.    Cardiology & Cardiac Rhythm Management

7.4.3.    Cosmetology

7.4.4.    Gynecology

7.4.5.    Pain Management

7.5.    Latin America Radiofrequency Ablation Devices Market Attractiveness Index

7.5.1.    By Country

7.5.2.    By Product Type

7.5.3.    By Application

8.    Europe Radiofrequency Ablation Devices Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) Forecast, By Country

8.2.1.    U.K. Radiofrequency Ablation Devices Market

8.2.2.    Germany Radiofrequency Ablation Devices Market

8.2.3.    Italy Radiofrequency Ablation Devices Market

8.2.4.    France Radiofrequency Ablation Devices Market

8.2.5.    Spain Radiofrequency Ablation Devices Market

8.2.6.    Russia Radiofrequency Ablation Devices Market

8.2.7.    Poland Radiofrequency Ablation Devices Market

8.2.8.    BENELUX Radiofrequency Ablation Devices Market

8.2.9.    NORDIC Radiofrequency Ablation Devices Market

8.2.10.    Rest of Europe Radiofrequency Ablation Devices Market

8.3.    Europe Radiofrequency Ablation Devices Market, By Product Type

8.3.1.    Disposable Equipment

8.3.2.    Capital Equipment

8.3.3.    Reusable Equipment

8.4.    Europe Radiofrequency Ablation Devices Market, By Application

8.4.1.    Surgical Oncology

8.4.2.    Cardiology & Cardiac Rhythm Management

8.4.3.    Cosmetology

8.4.4.    Gynecology

8.4.5.    Pain Management

8.5.    Europe Radiofrequency Ablation Devices Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Product Type

8.5.3.    By Application

9.    Asia Pacific Radiofrequency Ablation Devices Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    China Radiofrequency Ablation Devices Market

9.2.2.    India Radiofrequency Ablation Devices Market

9.2.3.    Japan Radiofrequency Ablation Devices Market

9.2.4.    Australia and New Zealand Radiofrequency Ablation Devices Market

9.2.5.    South Korea Radiofrequency Ablation Devices Market

9.2.6.    ASEAN Radiofrequency Ablation Devices Market

9.2.7.    Rest of Asia Pacific Radiofrequency Ablation Devices Market

9.3.    Asia Pacific Radiofrequency Ablation Devices Market, By Product Type

9.3.1.    Disposable Equipment

9.3.2.    Capital Equipment

9.3.3.    Reusable Equipment

9.4.    Asia Pacific Radiofrequency Ablation Devices Market, By Application

9.4.1.    Surgical Oncology

9.4.2.    Cardiology & Cardiac Rhythm Management

9.4.3.    Cosmetology

9.4.4.    Gynecology

9.4.5.    Pain Management

9.5.    Asia Pacific Radiofrequency Ablation Devices Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Product Type

9.5.3.    By Application

10.    Middle East Radiofrequency Ablation Devices Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    GCC Countries Radiofrequency Ablation Devices Market

10.2.2.    Israel Radiofrequency Ablation Devices Market

10.2.3.    Oman Radiofrequency Ablation Devices Market

10.2.4.    Rest of Middle East Radiofrequency Ablation Devices Market

10.3.    Middle East Radiofrequency Ablation Devices Market, By Product Type

10.3.1.    Disposable Equipment

10.3.2.    Capital Equipment

10.3.3.    Reusable Equipment

10.4.    Middle East Radiofrequency Ablation Devices Market, By Application

10.4.1.    Surgical Oncology

10.4.2.    Cardiology & Cardiac Rhythm Management

10.4.3.    Cosmetology

10.4.4.    Gynecology

10.4.5.    Pain Management

10.5.    Middle East Radiofrequency Ablation Devices Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Product Type

10.5.3.    By Application

11.    Africa Radiofrequency Ablation Devices Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    South Africa Radiofrequency Ablation Devices Market

11.2.2.    Egypt Radiofrequency Ablation Devices Market

11.2.3.    North Africa Radiofrequency Ablation Devices Market

11.2.4.    Rest of Africa Radiofrequency Ablation Devices Market

11.3.    Africa Radiofrequency Ablation Devices Market, By Product Type

11.3.1.    Disposable Equipment

11.3.2.    Capital Equipment

11.3.3.    Reusable Equipment

11.4.    Africa Radiofrequency Ablation Devices Market, By Application

11.4.1.    Surgical Oncology

11.4.2.    Cardiology & Cardiac Rhythm Management

11.4.3.    Cosmetology

11.4.4.    Gynecology

11.4.5.    Pain Management

11.5.    Africa Radiofrequency Ablation Devices Market Attractiveness Index

11.5.1.    By Country

11.5.2.    By Product Type

11.5.3.    By Application

12.    Recommendation

12.1.    Market Strategy

13.    Competitive Landscape

13.1.    Competition Dashboard

13.2.    List and Company Overview of Global Key Players

13.3.    Company Profiles

13.3.1.    Boston Scientific Corporation

13.3.1.1.    Company Overview

13.3.1.2.    Financial Overview

13.3.1.3.    Product Type Portfolio

13.3.1.4.    Key Developments

13.3.1.5.    Business Strategies

13.3.2.    Medtronic

13.3.3.    Stryker

13.3.4.    Cosman Medical, Inc.

13.3.5.    St. Jude Medical

13.3.6.    Smith & Nephew

13.3.7.    Johnson & Johnson (J&J) Services, Llc

13.3.8.    Angiodynamics

14.    Acronyms

Frequently Asked Questions

  • What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
    The global radiofrequency ablation devices market in 2020 is estimated for more than US$ 3.3 Bn and expected to reach a value of US$ 7.5 Bn by 2028 with a significant CAGR of 10.9%.
  • What are the key factors driving the growth of market?
    Rising incidence of cardiovascular diseases, several kinds of cancer and associated pain, different types of solid tumors, and other medical conditions among the population across the globe and the aging population are the key factors driving the growth of market
  • What segments are covered in market report?
    The radiofrequency ablation devices market is segmented on the basis of product type, application, and region.
  • What are the key participating players in the market?
    Some of the key participating players in the radiofrequency ablation devices market are Boston Scientific Corporation, Medtronic, Stryker, Cosman Medical Inc., St. Jude Medical, Smith & Nephew, Johnson & Johnson (J&J) Services LLC, and Angiodynamics