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Radiofrequency Ablation Devices Market Product (RF Generators, Disposables(Cannulas,Needles) Reusables(Probes,Electrodes)) Aplication (Surgical Oncology, Pain Management, Cardiology & Cardiac Rhythm Management, Cosmetology, Gynaecology, Others) By Geograp

01-17-2023 02:12 PM CET | Health & Medicine

Press release from: Analytics Market Research

Global Radiofrequency Ablation Devices Market

Global Radiofrequency Ablation Devices Market

Industry Insights
During the projected period of 2023-2032, the market for radiofrequency ablation devices will grow at a strong CAGR of 11.32%, from a value of $3.9 billion in 2021 to $10.7 billion by 2030. Fulguration, also known as radio frequency ablation (RFA), is a minimally invasive (MI) procedure that involves the ablation of defective tissues using the heat produced by alternating current with a frequency range of (350 to 500 kHz). RFA inserts a needle electrode into a malignant tumor with the help of ultrasound, magnetic resonance imaging (MRI), and computed tomography (CT) equipment.
The management of pain and the therapy of cardiovascular problems both make extensive use of this procedure. Cardiovascular disease (CVD) is the leading cause of death worldwide, according to the WHO. About 17.9 million people, or about 32% of all deaths globally in 2019, were caused by cardiovascular illnesses. About 85% of these fatalities were caused by heart attacks and strokes. Additionally, 38% of the 17 Mn premature deaths (those under the age of 70) caused by non-communicable diseases in 2019 were attributable to CVDs.

Product Insights
The market is divided into three segments based on the kind of product: capital, reusable, and disposable equipment. The quickest CAGR is anticipated for disposable equipment over the forecast period, which had the biggest market share in 2018. The market for disposable radiofrequency ablation devices is expanding as a result of advanced technology that can produce significant areas of coagulative necrosis in a regulated manner, is generally low toxic, and reduces the risk of complications.
Over the forecast period, market growth will be driven by product launches. In order to detect bone metastases, Medtronic introduced the OsteoCool RF Ablation system in Canada in April 2017. This RF ablation device offers the only customizable, adaptable, and predictable therapy since it has twin probe capabilities.

Global Radiofrequency Ablation Devices Market Definition
A section of the electrical conduction system of the heart, a tumor, or other defective tissue is ablated using radiofrequency ablation, a medical technique, by heating the target area with a medium-frequency alternating current (in the 350-500 kHz range). RFA is often carried out under local anesthetics or conscious sedation anesthesia as an outpatient surgery. When given through a catheter, it is known as radiofrequency catheter ablation. The fact that radiofrequency current does not directly stimulate nerves or heart muscle and can therefore frequently be used without the need for general anesthesia and that it is extremely specific for treating the desired tissue without significant collateral damage are two important benefits (over previously used low-frequency AC or DC pulses).

Global Radiofrequency Ablation Devices Market Overview
The market for radiofrequency ablation devices is primarily being driven by An aging population, increased desire for less invasive procedures, technological developments in ablation devices, and an increase in the prevalence of chronic diseases such cancer Patients' preference for minimally invasive procedures over open surgeries is one of the key variables influencing the overall market share. Because they require less time in the hospital, heal more quickly, and cause less pain than standard operations, minimally invasive treatments have seen a major rise in popularity and acceptance in recent years.

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Market Segmentations:
The research report includes specific segments by region (country), by Company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Radiofrequency Ablation Devices Market: By Types
RF Generators
Reusable Products
Disposable Products

Global Radiofrequency Ablation Devices Market: By Applications
Cardiovascular Disease Treatment
Cancer Treatment
Ophthalmologic Treatment
Urologic Treatment
Orthopedic Treatment
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Global Radiofrequency Ablation Devices Market: Top Key Players
Medtronic
AngioDynamics
Medtronic
Ethicon
ZenoMed
AtriCure, Inc
Baren-Boym
Huaian Aofu Surgical Instruments Co., Ltd
MedSphere

Global Radiofrequency Ablation Devices Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

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Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.

Frequently Asked Question About This Report
1. Who are the dominating players in the RF ablation devices market?
2. Which region has the highest share in the Global market?
3. What is the radiofrequency ablation devices market growth?
4. How big is the radiofrequency ablation devices market?
5. Who is the major end-user of the market?
6. What are the key drivers of the global RF ablation devices market?

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About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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