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Radiofrequency Ablation Devices Market to Grow at 12.9% CAGR through 2024

Press release Description

Albany, New York, July 11, 2018: A new detailed study titled “Radiofrequency Ablation Devices Market for Pain Management – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2024” has recently been added to the repository of Market Research Reports Search Engine (MRRSE). The report examines the historical trends of the global radiofrequency ablation devices market and provides market forecast from 2017 to 2024.

According to the report, the global radiofrequency ablation devices market valued worth US$477.3 million as of 2017, is projected to generate a valuation of US$ 1,114.5 million by 2024. The business intelligence report further projects that the global market is expected to grow at a CAGR of 12.9% during the assessment period from 2017 to 2024.

The report offers analysis on the leading factors fuelling the adoption of radiofrequency ablation devices market globally. For detailed analysis, the research report segments the global radiofrequency ablation devices market on the basis of end-user, product and region. All these segments are analyzed in detailed on the basis of market related factors such as aging population, increasing rate of accidents leading to traumatic injury, technological advancement, and growing number of disabilities in several geographies.

In the report, the end-user segment is further divided into specialty clinics, hospitals and ambulatory surgical centers. The segment for hospitals has been sub-segmented into 500+ beds, 200–499 beds and less than 200 beds. By product segment, the global market has been divided into reusable products, RF generators and disposable product. The sub-segment for reusable products is bifurcated into probes and electrodes and the sub-segment for disposable product is categorized on the basis of needles, cannulas and single-use probes & electrodes. Geographically, the global market for radiofrequency ablation devices has been divided into key regions which are North America, Latin America, Europe, Asia Pacific and Middle East & Africa.

The report has section for market overview that identifies various factors driving and restraining the growth of the market and also figures out opportunities available in the market globally. According to the report, increasing prevalence of chronic pain, growing investments by multinational companies, increase in population of geriatrics, introduction of technological advanced devices are some of the factors driving the demand for radiofrequency ablation devices market globally.

The report profiles some of the leading players operating in the market globally. Some of these players are Diros Technology, Inc., St. Jude Medical, Inc., Boston Scientific Corporation and Halyard Health, Inc.

Browse Full Global Radiofrequency Ablation Devices Market Report with TOC :

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