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Radiofrequency Ablation Devices Market key discoveries and advancements enrolling CAGR of 11.80% during 2023| Stryker Corporation, St. Jude Medical Inc., Neurotherm Inc., Biosense Webster, Cosman Medical Inc, Halyard Health, Inc., Kimberly-Clark Corporati

08-31-2018 08:09 AM CET | Health & Medicine

Press release from: Crystal Market Research - Healthcare

Radiofrequency Ablation Devices Market

Radiofrequency Ablation Devices Market

Competition Insights:
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 into tactical association with distributors.

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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 to treatments 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 to be a high-growth regional market during the projected period.

Industry Outlook and Trend Analysis
In 2014, the global Radiofrequency Ablation Devices Market was evaluated around USD 1.57 billion and is expected to reach approximately USD 4.27 billion by 2023 while registering itself at a compound annual growth rate (CAGR) of 11.80% over the forecast period. Lesser risk of tissue harm and post-procedure contamination, rapid recovery and cost-effectiveness linked with ablation processes are few factors anticipated to boost 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 to acute 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 to encourage 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 to assist global market as a potential growth opportunity.

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Radiofrequency Ablation Devices Market - 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 to rising 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 to regulate the procedure of recycling medical devices in order to eliminate the possibility of contamination. Also, the rise in demand of reusable radiofrequency ablation devices can be assigned to its cost-effectiveness and the rising demand for laparoscopic and endoscopic interventions.

Radiofrequency Ablation Devices Market - 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 to the patients concerning faster recovery is a major factor assigning to its large market share. Hypertension owing to high unfulfilled needs of the patient and inadequate availability of curative treatments is anticipated to grow at the highest compound annual growth rate over the projected years. Radiofrequency ablation provides cost-efficient treatment for the patients who are suffering from hypertension and implicates not even a single severe complications post the procedure.

Market Segmentation
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

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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

Future Business Trend of Our Research Report -
• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the
Radiofrequency Ablation Devices Market, thereby allowing players to develop effective long term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Chapter 2. Executive Summary
2.1. Key Highlights

Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
....CONTINUED FOR TOC

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Crystal Offers One Stop Solution For Market Research, Business Intelligence, And Consulting Services To Help Clients Make More Informed Decisions. It Provides Both Syndicated As Well As Customized Research Studies For Its Customers Spread Across The Globe. The Company Offers Market Intelligence Reports Across A Broad Range Of Industries Including Healthcare, Chemicals & Materials, Technology, Automotive, And Energy.

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