The global Radiofrequency-Based devices market size is expected to reach USD 9,595.9 Million in 2028 and register a revenue CAGR of 13.2% over the forecast period, according to latest analysis by Emergen Research.
The latest report published by EMERGEN RESEARCH Research delivers a detailed inspection of the global Radiofrequency-Based devices market. The study evaluates the ever-changing industry dynamics that are expected to affect the trajectory of the overall market. A primary advantage of radiofrequency-based devices is in skin treatment and benefit for improving texture and appearance. Radiofrequency waves help in production of new collagen and elastin in the human body, while the old, damaged skin cells are replaced in due time. New skin produced through radiofrequency treatment is tighter and firmer, which offers a natural youthful appearance. Radiofrequency-based devices are also used for body contouring such as for treatment of flank or abdomen by destroying fat cells.
The report gives an extensive evaluation of the concentration of the Radiofrequency-Based devices market in different regions and countries. With a detailed regional analysis of the Radiofrequency-Based devices market, our research analysts attempt to decipher the hidden growth prospects available for players across the different geographies of the world.
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Some Key Highlights From the Report
Some major companies included in the global market report are AngioDynamics Inc., ArtiCure Inc., CONMED Corporation, Smith & Nephew PLC, BVM Medical Limited, Abbott Laboratories, Boston Scientific Corporation, Medtronic PLC, Stryker Corporation, and Cutera Inc.
By product type, needles segment revenue is expected to register a rapid growth rate over forecast period. RF Micro-needling is a minimally invasive procedure making use of conventional micro-needling technique effectively with radio frequency energy for skin rejuvenation. The radiofrequency pulse transmitted through fractional method deep into the dermis layer of skin improves skin tightening and decreases acne scars by triggering elastin and collagen synthesis.
Among the application segments, cardiology segment revenue is expected to register fastest growth rate over the forecast period. Radiofrequency ablation is a technique deployed to treat issues associated with irregular heartbeat. Heat generated from radiofrequency electrodes at the catheter end destroys tissues causing problem and thus prevent abnormal heartbeats.
In January 2020, Stratus Medical announced completion of a private placement to acquire the assets of NimbusRF from Biomerics and provide growth capital funding to support the continued global expansion of the Nimbus RF Multitined Expandable Electrode for chronic pain, and the investment was led by Med Venture Holdings.
Market in North America accounted for largest revenue share in 2020, attributed to increasing investment in research and development of advanced radiofrequency-devices, rising prevalence of chronic diseases, and increased healthcare expenditure. In addition, presence of major players in countries in the region is fueling North America market revenue growth.
Emergen Research has segmented the global radiofrequency-based devices market on the basis of product type, application, end-use, and region:
Product Type Outlook (Revenue, USD Million; 2018–2028)
Radiofrequency Generators
Applicators
Electrodes
Cannulas
Probes
Needles
Others
Application Outlook (Revenue, USD Million; 2018–2028)
Aesthetics
Pain Management
Oncology
Gynecology
Cardiology
Others
End-Use Outlook (Revenue, USD Million; 2018–2028)
Hospitals & Clinics
Ambulatory Surgical Centers
Others
Regional Outlook: (Revenue, USD Billion; 2018-2028)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Radiofrequency-Based Devices Market Segmentation & Impact Analysis
4.1. Radiofrequency-Based Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.2.1. Rising incidence of chronic diseases
4.2.2.2. Growing geriatric population
4.2.2.3. Growing demand for cosmetic skin procedures
4.2.2.4. Advancement in technology
4.2.2.5. Rising demand for minimally invasive procedures
4.2.3. Market restraints analysis
4.2.3.1. Cost prohibitive radiofrequency-based devices
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Continue…
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Market HighlightsThe global radiofrequency ablation devices market is expected to grow at an approximate CAGR of 11.2% during the forecast period of 2018–2023.
Factors such as the advantage of radiofrequency ablation over other ablation medical procedures, the success rate of radiofrequency are driving the growth of the market.
Moreover, complications such as acute respiratory distress syndrome where success rates are low and burning sensation at the treatment site of tissue are some of the factors hindering the growth of the market.Request Sample Copyhttps://www.marketresearchfuture.com/sample_request/7634SegmentationThe global radiofrequency ablation devices market is segmented on the basis of type, application, and region.Based on the type, the global radiofrequency ablation devices market is segmented into Unipolar radiofrequency ablation and Bipolar radiofrequency ablation.
By application, the global radiofrequency ablation devices market is categorized into Surgical Oncology, Cardiology and Cardiac Rhythm Management, Gynecology, Cosmetology, Pain ManagementRegional AnalysisThe Americas dominates the global market for radiofrequency ablation devices owing to the growing geriatric population, increase in cancer cases, an increase in clinical research within the region.
Additionally, the increasing awareness about the cardiology treatment and presence of developed economies and healthcare sector within the region drives the market growth during the forecast period.
In 2017, it was estimated that Europe stood second in the global radiofrequency ablation devices market due to the increasing prevalence of gynecology, cosmetology, pain management, and others.
The Global Radiofrequency Ablation Devices Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Radiofrequency Ablation Devices Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/10376-radiofrequency-ablation-devices-market-reportThe report also covers the complete competitive landscape of the global Radiofrequency Ablation Devices market with company profiles of key players such as:Accuray Inc.AngioDynamics.Biosense WebsterBoston Scientific.Cosman Medical Inc.Covidien.DFINE Inc.Diros Technology Inc.Kimberly-Clark.NeuroTherm (St. Jude Medical).RF Medical Co. Ltd.St.
Jude Medical.STARmed.Stryker CorporationA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Product:Capital EquipmentReusable EquipmentReusable Radiofrequency ProbesReusable Radiofrequency ElectrodesDisposable EquipmentDisposable Radiofrequency CannulasDisposable Radiofrequency NeedlesDisposable Radiofrequency Single-Use probesDisposable Radiofrequency Single-Use ElectrodesBy Applications:Surgical OncologyCardiology & Cardiac Rhythm ManagementPain ManagementGynecologyHypertensionCosmetologyBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Rest of the World (RoW)Download Free Sample Report of Global Radiofrequency Ablation Devices Market @ https://www.decisiondatabases.com/contact/download-sample-10376The Global Radiofrequency Ablation Devices Market has been exhibited in detail in the following chapters –Chapter 1 Radiofrequency Ablation Devices Market PrefaceChapter 2 Executive SummaryChapter 3 Radiofrequency Ablation Devices Industry AnalysisChapter 4 Radiofrequency Ablation Devices Market Value Chain AnalysisChapter 5 Radiofrequency Ablation Devices Market Analysis By ProductChapter 6 Radiofrequency Ablation Devices Market Analysis By ApplicationsChapter 7 Radiofrequency Ablation Devices Market Analysis By GeographyChapter 8 Competitive Landscape Of Radiofrequency Ablation Devices CompaniesChapter 9 Company Profiles Of Radiofrequency Ablation Devices IndustryPurchase the complete Global Radiofrequency Ablation Devices Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10376Other Reports by DecisionDatabases.com:Global Radiotherapy Equipment Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Nuclear Medicine / Radiopharmaceuticals Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
