Published: 2019-10-09   Views: 2
Author: sujeetnakade1995
Published in: Business
Radiofrequency Ablation Systems  Market - Global Industry Sales, Supply, Consumption, Demand, Analysis

Radiofrequency ablation is a procedure which is used to reduce pain. It usually reduces the pain by electric current which is generated by the radio wave and is used to heat the small area of the nerve tissue. They are very helpful for the patient with pain associated with the degeneration of joints, neck pain and other chronic low back pain. Unipolar RF ablation system and bipolar RF ablation are two of the common types of the RF ablation. They are widely used in applications such as pain management, dermatology, arrhythmia, gynecology and others.

Global radiofrequency ablation systems market is set to witness a substantial CAGR in the forecast period of 2019- 2026.

The report contains data of the base year 2018 and historic year 2017. Increasing healthcare expenditure and increasing cases of cardiovascular diseases are the factor for the growth of this market. 

Key Market Competitors:

Few of the major competitors currently working in the global radiofrequency ablation systems market are Medtronic, Boston Scientific Corporation, AngioDynamics, Stryker, AtriCure, Inc., OLYMPUS CORPORATION, DePuy Synthes, Novomed, Merit Medical Systems, Avanos Pain Management., Siemens Healthcare Private Limited, ECO Inc., Venclose, Inc., Cosman Medical , Inc., Abbott., Terumo Europe NV, Accelerated Enrollment Solutions, Integer Holdings Corporation, MedWaves, Inc., Teleflex Incorporated., Baylis Medical Company, Inc and others.

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Market Drivers

  • It can be conducted with any local anesthesia or conscious sedation anesthesia which is driving the market growth
  • Ability of the radiofrequency ablation systems to treat particular site of the tissue without damaging the other tissue will also propel the market growth
  • Increasing prevalence of cancer and cardiac disease will also accelerate the growth of this market
  • Growing preference of minimally invasive procedures is also enhancing the market growth

Market Restraints

  • Complexity associated with burning sensation at the treatment site of tissue will restrain the market growth
  • Risk of tumor reoccurrence will also hamper the growth of this market
  • High cost of the treatment is also restraining the market growth

Competitive Analysis:

Global radiofrequency ablation systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of radiofrequency ablation systems market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Segmentation: Global Radiofrequency Ablation Systems Market

By Type (Unipolar Radiofrequency Ablation, Bipolar Radiofrequency Ablation)

By Application (Arrhythmia, Obstructive Sleep Apnea, Cancer, Pain Management, Dermatology, Gynecology)

By End- Users (Hospitals, Cancer Research Institutes, Ambulatory Surgical Centers)

By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Reasons to Purchase this Report

  • Current and future of global anesthesia monitoring market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

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