Press release
Radiofrequency Ablation Device Market - Rising Prevalence Of Chronic Pain To Have Sizeable Positive Impact On Market Growth To 2026 By Key Players Boston Scientific, St Jude Medical, Medtronic, Covidien and Stryker
Coherent Market Insights recently released “Global Radiofrequency Ablation Device Market Research Report 2018” that centers around the latest developing trends and technologies in the Radiofrequency Ablation Device Market having Eight Years of forecast period from 2018 to 2026 and considering Market status study from 2018 to 2026.Reauest a Sample Copy: https://www.coherentmarketinsights.com/insight/request-sample/703
Radiofrequency ablation device is an electrical conduction system that utilizes high frequency alternating current to convert electromagnetic energy into heat energy. Radiofrequency ablation is a minimally invasive technique to treat medical conditions like cancer tumors with imaging techniques including magnetic resonance imaging, ultrasound and computed tomography. Radiofrequency ablation devices use non-surgical procedures to destroy carcinogenic cells by removing the obstructive tissues and nerves. The technique involves insertion of needle through the skin onto the tumor to target the abnormal tissues with radio-frequency electrical energy causing the tumor to heat through an active electrode tip. Radiofrequency ablation technology has wide applications in medical fields such as oncology, cerebral tumors, gynecology, cardiac rhythm and renal denervation for hypertension, pain management, and cosmetology.
According to The American Academy of Pain Medicine, in 2012, 1.5 billion people were estimated to suffer from chronic pain globally, with the incidence rate increasing complementary to age. Rising incidence of cancerous tumors, arrhythmia, tachycardia and chronic pain in the global population ensures the global radiofrequency ablation device market to grow steadily. The presence of high procedure volumes ensuring non-surgical procedures and fast recovery of the patients is a key factor attributing to the rising demand of radiofrequency ablation. The radiofrequency ablation market is driven by its feature of specificity that targets only the particular sites within the tissue, causing negligible damage to the surrounding tissues. Additionally, increasing usage in ambulatory surgical centers owing to lesser number of complications post-surgery is expected to boost the growth of global radiofrequency ablation devices in the forecast period.
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Increasing number of atrial fibrillation cases is expected to dominate North America in radiofrequency ablation device market
Regional segmentation of the radiofrequency ablation device market by Coherent Market Insights comprises North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. According to Centers for Disease Control & Prevention, an estimated 2.7-6.1 million people in the U.S., suffer from atrial fibrillation for which more than 750,000 hospitalizations occur each year, thus increasing the demand of radiofrequency ablation devices. The presence of high patient awareness, knowledge pertaining to ablation treatments, sophisticated reimbursement framework and usage of advanced technologies are the factors due to which North America is dominating in the global radiofrequency ablation device market. The market in Asia Pacific is expected to rise over the forecast period owing to the government initiatives to ensure improved healthcare access, availability of large number of patients with unmet medical needs and increased spending capacity of patients.
The Disposables Equipment Segment Accounts For A Larger Share In Radiofrequency Ablation Device Market.
The global radiofrequency ablation device market is segmented on the basis of product type, application, end user and geography.
On the basis of product type:
Disposable Equipment
Cannula
Needles
Capital Equipment
Radiofrequency Generators
Reusable Equipment
Probes
Electrodes
On the basis of applications:
Surgical Oncology
Gynecology
Cosmetology
Cardiology & Cardiac Rhythm Management
Hypertension
Others
On the basis of end user:
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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