Radiofrequency Ablation Devices Market 2018; Reaches to USD 4.27 Billion Registering a CAGR of ~11.80 by 2023: Accuray, Stryker Corporation, St. Jude Medical, Neurotherm, Biosense Webster, Cosman Medical, Halyard Health, Kimberly-Clark Corporation

In 2014, The Global Radiofrequency Ablation Devices Market was evaluated around USD 1.57 billion and is expected treach approximately USD 4.27 billion by 2023 while registering itself at a compound annual growth rate (CAGR) of 11.80% over the forecast period.

Competitive Outlook and Trend Analysis:

Key industry players in the global radiofrequency ablation devices market are Accuray, Stryker Corporation, St. Jude Medical Inc., Neurotherm Inc., Biosense Webster, Cosman Medical Inc, Halyard Health, Inc., Kimberly-Clark Corporation, Medtronic Plc, C. R. Bard, Inc., Boston Scientific Corporation, AngioDynamics, Inc., AtriCure, Inc., Hologic, Inc., Diros Technology, and Johnson & Johnson. A few major sustainability strategies implemented by these industry players are new product development, mergers and acquisitions, and entering inttactical association with distributors.

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Radiofrequency Ablation Devices Market Report 2018 provides detailed analysis of Radiofrequency Ablation Devices market, enclosing detailed study of Radiofrequency Ablation Devices market for last few years and forecast up tyear 2023. The Radiofrequency Ablation Devices market report analyses the global Radiofrequency Ablation Devices market from different angles tunderstand various factors impacting the Global Radiofrequency Ablation Devices market.

Industry Trend Analysis:

Lesser risk of tissue harm and post-procedure contamination, rapid recovery and cost-effectiveness linked with ablation processes are few factors anticipated tboost the global radiofrequency ablation devices industry. These devices are extensively utilized for treatments in the areas of gynecology, cosmetology, pain management, oncology, cardiac rhythm management and oncology. The growing incidence of diseases related tacute pain like arthritis and osteoporosis, particularly in the elderly population along with the advent of technological innovations like bipolar technology and thermocouple sensor is anticipated tencourage the growth of the market over the forecast years. The rising utilization of radiofrequency ablation processes in emerging countries such as Russia, Brazil, India, and China is projected tassist global market as a potential growth opportunity. Fast-improving medical infrastructure, rising patient awareness as well as disposable earnings levels in these economies are anticipated tactuate the application rates of modestly invasive surgical procedures and therefore augmented demand in the regions.

Product Outlook and Trend Analysis:

Major product sections of the radiofrequency ablation devices market analyzed and estimated in this study involve reusable equipment, disposable equipment, and capital equipment. The reusable equipment comprises of RF electrodes and probes. Disposable equipment involves needles, cannulas, single-use electrodes and single-use probes. In 2013, disposable equipment was the leading product section due trising occurrence of hospital-acquired infections along with growing the volume of modestly invasive surgical procedures. The United States FDA splits radiofrequency reusable equipment as a semi-critical device and hence, enforces the stringent rule tregulate the procedure of recycling medical devices in order teliminate the possibility of contamination. Also, the rise in demand of reusable radiofrequency ablation devices can be assigned tits cost-effectiveness and the rising demand for laparoscopic and endoscopic interventions.

The global radiofrequency ablation devices market is segmented as follows –

By Product:

Capital equipment
Radiofrequency ablation generator

Reusable equipment:

Radiofrequency ablation probes
Radiofrequency ablation electrodes

Disposable equipment:

Radiofrequency ablation cannulas
Radiofrequency ablation needles
Radiofrequency ablation single use probes
Radiofrequency ablation single use electrodes

By Application:

Surgical oncology
Cardiology & cardiac rhythm management
Pain management
Gynecology
Hypertension
Cosmetology

Application Outlook and Trend Analysis:

Major applications for the global radiofrequency ablation devices markets involve gynecology, pain management, hypertension, surgical oncology, cardiac and cardiology rhythm management, and cosmetology. Radiofrequency ablation devices industry for surgical oncology reported for the major market share during 2013 at around 40.0%. The existence of high volumes of procedures as a result of easiness it renders tthe patients concerning faster recovery is a major factor assigning tits large market share. Hypertension owing thigh unfulfilled needs of the patient and inadequate availability of curative treatments is anticipated tgrow at the highest compound annual growth rate over the projected years. Radiofrequency ablation provides cost-efficient treatment for the patients whare suffering from hypertension and implicates not even a single severe complications post the procedure.

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By Region:

North America - U.S, Canada, Mexico

Europe - Germany, France, UK, Italy, Spain, Rest of Europe

Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific

Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

Regional Outlook and Trend Analysis:

In 2013, North American region was the leading regional radiofrequency ablation devices industry. The existence of high awareness levels amongst patients concerning ttreatments by ablation technologies, elevated usage rates of sophisticated technologies and refined reimbursement structure is a few high impact providing driving factors of the market. European region was the second major regional market during 2013. Asia Pacific region is projected tbe a high-growth regional market during the projected period.

Table of Contents:

1.Introduction
2.Executive Summary
3.Market Overview
4.Radiofrequency Ablation Devices Market, By Product
5.Radiofrequency Ablation Devices Market, By Application
6.Radiofrequency Ablation Devices Market, By Region
7.Company Profiles
8.Global Radiofrequency Ablation Devices Market Competition, by Manufacturer
….

FEATURES OF THE REPORT:

1. The analysis of Radiofrequency Ablation Devices market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.

2. The key players in the market and their share in the global market are discussed.

3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.

4. The Radiofrequency Ablation Devices market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.

5. The latest trends that are being followed in the market are included along with an example.

6. How technological advancement and research, as well as development activities, are impacting the market is explained in detail.

7. The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.

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As the report further, it explains developing plans and policies, making processes, cost structures of Radiofrequency Ablation Devices market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of Radiofrequency Ablation Devices market, market statistics of Radiofrequency Ablation Devices market, upcoming development plans, market gains, contact details, consumption ratio. Ultimately, the report includes an in-depth analysis of sub-segments, market dynamics, feasibility study, key strategies used by leading players, market share study and growth prospects of the industry. The report also evaluates the growth established by the market during the forecast period and research conclusions are offered.

Continued…

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