The Radiofrequency Ablation Devices Global Market Report 2023, provides comprehensive information on the radiofrequency ablation devices market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Radiofrequency Ablation Devices Market’s Growth:
The global radiofrequency ablation devices market is expected to grow from $3.76 billion in 2022 to $4.27 billion in 2023 at a compound annual growth rate (CAGR) of 13.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The radiofrequency ablation devices market is expected to reach $6.77 billion in 2027 at a CAGR of 12.2%
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Technological advancement is a key trend gaining popularity in the radiofrequency ablation devices market. Major companies operating in the radiofrequency ablation devices market are focused on innovating new technical solutions to sustain their position in the market. For instance, in April 2023, Compal Electronics, a Taiwan-based electronics company, launched AblatePal, a new radiofrequency ablation (RFA) system for percutaneous and intraoperative coagulation and ablation of soft tissue. This RFA system uses the heat energy produced by electrical resistance when current flows through the tissue to cauterize the tumor and cause tumor necrosis. Its advanced cooling technology prevents damage to normal tissue and has positive results that can reduce the size of the wound and shorten the length of time patients must stay in the hospital.
The radiofrequency ablation devices market is segmented:
1) By Product Type: Disposables Equipment, Reusables Equipment, Capital Equipment
2) By Application: Oncology, Cardiology And Cardiac Rhythm Management, Gynecology, Pain Management, Other Applications
3) By End-User: Hospitals, Ambulatory Surgical Centers, Other End Users
North America was the largest region in the radiofrequency ablation devices market in 2022.
The table of contents in TBRC’s radiofrequency ablation devices market report includes:
1. Executive Summary
2. Radiofrequency Ablation Devices Market Characteristics
3. Radiofrequency Ablation Devices Market Trends And Strategies
4. Radiofrequency Ablation Devices Market – Macro Economic Scenario
5. Radiofrequency Ablation Devices Market Segmentation
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26. South America Radiofrequency Ablation Devices Market
27. Brazil Radiofrequency Ablation Devices Market
28. Middle East Radiofrequency Ablation Devices Market
29. Africa Radiofrequency Ablation Devices Market
30. Radiofrequency Ablation Devices Market Competitive Landscape And Company Profiles
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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