The latest update of “Global Radiofrequency Ablation Devices Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Radiofrequency Ablation Devices Market.
Overview of the Radiofrequency Ablation Devices Market:
Radiofrequency ablation, also called rhizotomy, is a nonsurgical, minimally invasive procedure that uses heat to reduce or stop the transmission of pain. It is used in the treatment of lung, liver, kidney, and bone cancer; recurrent atrial flutter, atrial fibrillation, supraventricular tachycardia, atrial tachycardia, multifocal atrial tachycardia, and ventricular arrhythmia; hypertension; and varicose veins, obstructive sleep apnea, and Barrett's esophagus. It is also used in pain management and in the treatment of most skin lesions with minimal side effects and complications.
Increasing prevalence of lung cancer is expected to propel growth of the global radiofrequency ablation devices market over the forecast period. For instance, according to The American Cancer Society, in 2020, the U.S. is expected to witness around 228,820 new cases of lung cancer and around 135,720 deaths due to the disease.
Significant benefits of minimally invasive approaches are expected to offer lucrative growth opportunities for players in the global radiofrequency ablation devices market. For instance, in March 2020, researchers from International Evangelical Hospital, IRCCS Ospedale Policlinico San Martino, and University of Genoa, Italy, reported that radiofrequency can be considered a minimally invasive and safe procedure for the treatment of uterine myomas through the customization and possible combination of transvaginal, laparoscopic or hysteroscopic accesses.
The market in Asia Pacific is expected to witness significant growth, owing in high prevalence of hypertension. For instance, in March 2019, the study ‘Prevalence of hypothyroidism in patients with type 2 diabetes mellitus and hypertension in India: a cross-sectional observational study’, reported that the prevalence of hypothyroidism in patients with type 2 diabetes mellitus, hypertension, and type 2 diabetes mellitus + hypertension was 24.8%, 33.5%, and 28.9%, respectively.
Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in May 2019, Boston Scientific Corporation entered into a definitive agreement to acquire Vertiflex, Inc., a developer of minimally-invasive devices for pain management.
Key Takeaways
- Increasing prevalence of lung cancer to augment growth of the global radiofrequency ablation devices market over the forecast period
- Major players in the market are focused on launching new products to expand their product portfolio. For instance, in June 2020, Boston Scientific Corporation launched DIRECTSENSE Technology, a tool for monitoring the effect of radiofrequency energy delivery during cardiac ablation procedures, in the U.S.
- Major players operating in the global radiofrequency ablation devices market include, AngioDynamics, Inc., Boston Scientific Corporation, Johnson & Johnson, Medtronic Plc, Smith & Nephew, St. Jude Medical, and Stryker Corporation.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Radiofrequency Ablation Devices Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Radiofrequency Ablation Devices Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Boston Scientific Corporation
- Medtronic
- Stryker
- Cosman Medical, Inc.
- St. Jude Medical
- Smith & Nephew
- Johnson & Johnson (J&J) Services, LLC
- AngioDynamics
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Radiofrequency Ablation Devices Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Disposable Equipment
- Capital Equipment
- Reusable Equipment
By Applications, the market is segmented into:
- Surgical Oncology
- Cardiology & Cardiac Rhythm Management
- Cosmetology
- Gynecology
- Pain Management
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Radiofrequency Ablation Devices Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Radiofrequency Ablation Devices Market Share by Application: 2021 VS 2027
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Radiofrequency Ablation Devices Market
1.6.1 How the Covid-19 is Affecting the Radiofrequency Ablation Devices Market
1.6.1.1 Radiofrequency Ablation Devices Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Radiofrequency Ablation Devices Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Radiofrequency Ablation Devices Market Perspective (2015-2027)
2.2 Radiofrequency Ablation Devices Market Growth Trends by Regions
2.2.1 Radiofrequency Ablation Devices Market Size by Regions: 2015 VS 2021 VS 2027
2.2.2 Radiofrequency Ablation Devices Market Historic Market Share by Regions (2015-2021)
2.2.3 Radiofrequency Ablation Devices Market Forecasted Market Size by Regions (2021-2027)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Radiofrequency Ablation Devices Market Growth Strategy
2.3.6 Primary Interviews with Key Radiofrequency Ablation Devices Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Radiofrequency Ablation Devices Market Players by Market Size
3.1.1 Global Top Radiofrequency Ablation Devices Market Players by Revenue (2015-2021)
3.1.2 Global Radiofrequency Ablation Devices Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Radiofrequency Ablation Devices Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Radiofrequency Ablation Devices Market Concentration Ratio
3.2.1 Global Radiofrequency Ablation Devices Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Radiofrequency Ablation Devices Market Revenue in 2019
3.3 Radiofrequency Ablation Devices Market Key Players Head office and Area Served
3.4 Key Players Radiofrequency Ablation Devices Market Product Solution and Service
3.5 Date of entering into Radiofrequency Ablation Devices Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2027)
4.1 Global Radiofrequency Ablation Devices Market Historic Market Size by Type (2015-2021)
4.2 Global Radiofrequency Ablation Devices Market Forecasted Market Size by Type (2021-2027)
5 Radiofrequency Ablation Devices Market Breakdown Data by Application (2015-2027)
5.1 Global Radiofrequency Ablation Devices Market Size by Application (2015-2021)
5.2 Global Radiofrequency Ablation Devices Market Forecasted Market Size by Application (2021-2027)
6 North America
6.1 North America Radiofrequency Ablation Devices Market Size (2015-2021)
6.2 Radiofrequency Ablation Devices Market Key Players in North America (2019-2021)
6.3 North America Radiofrequency Ablation Devices Market Size by Type (2015-2021)
6.4 North America Radiofrequency Ablation Devices Market Size by Application (2015-2021)
7 Europe
7.1 Europe Radiofrequency Ablation Devices Market Size (2015-2021)
7.2 Radiofrequency Ablation Devices Market Key Players in Europe (2019-2021)
7.3 Europe Radiofrequency Ablation Devices Market Size by Type (2015-2021)
7.4 Europe Radiofrequency Ablation Devices Market Size by Application (2015-2021)
8 China
8.1 China Radiofrequency Ablation Devices Market Size (2015-2021)
8.2 Radiofrequency Ablation Devices Market Key Players in China (2019-2021)
8.3 China Radiofrequency Ablation Devices Market Size by Type (2015-2021)
8.4 China Radiofrequency Ablation Devices Market Size by Application (2015-2021)
9 Japan
9.1 Japan Radiofrequency Ablation Devices Market Size (2015-2021)
9.2 Radiofrequency Ablation Devices Market Key Players in Japan (2019-2021)
9.3 Japan Radiofrequency Ablation Devices Market Size by Type (2015-2021)
9.4 Japan Radiofrequency Ablation Devices Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Radiofrequency Ablation Devices Market Size (2015-2021)
10.2 Radiofrequency Ablation Devices Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Radiofrequency Ablation Devices Market Size by Type (2015-2021)
10.4 Southeast Asia Radiofrequency Ablation Devices Market Size by Application (2015-2021)
11 India
11.1 India Radiofrequency Ablation Devices Market Size (2015-2021)
11.2 Radiofrequency Ablation Devices Market Key Players in India (2019-2021)
11.3 India Radiofrequency Ablation Devices Market Size by Type (2015-2021)
11.4 India Radiofrequency Ablation Devices Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Radiofrequency Ablation Devices Market Size (2015-2021)
12.2 Radiofrequency Ablation Devices Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Radiofrequency Ablation Devices Market Size by Type (2015-2021)
12.4 Central & South America Radiofrequency Ablation Devices Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Radiofrequency Ablation Devices Market Introduction
13.4 Radiofrequency Ablation Devices Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Radiofrequency Ablation Devices Market Key Market Segments
Table 2. Key Players Covered: Ranking by Radiofrequency Ablation Devices Market Revenue
Table 3. Ranking of Global Top Radiofrequency Ablation Devices Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Radiofrequency Ablation Devices Market Size Growth Rate by Type (US$ Million): 2021 VS 2027
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Radiofrequency Ablation Devices Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Radiofrequency Ablation Devices Market Players to Combat Covid-19 Impact
Table 10. Global Radiofrequency Ablation Devices Market Size Growth by Application (US$ Million): 2021 VS 2027
Table 11. Global Radiofrequency Ablation Devices Market Size by Regions (US$ Million): 2021 VS 2027
Table 12. Global Radiofrequency Ablation Devices Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Radiofrequency Ablation Devices Market Share by Regions (2015-2021)
Table 14. Global Radiofrequency Ablation Devices Market Forecasted Market Size by Regions (2021-2027) (US$ Million)
Table 15. Global Radiofrequency Ablation Devices Market Share by Regions (2021-2027)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Radiofrequency Ablation Devices Market Growth Strategy
Table 20. Main Points Interviewed from Key Radiofrequency Ablation Devices Market Players
Table 21. Global Radiofrequency Ablation Devices Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Radiofrequency Ablation Devices Market Share by Players (2015-2021)
Table 23. Global Top Radiofrequency Ablation Devices Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Radiofrequency Ablation Devices Market as of 2019)
Table 24. Global Radiofrequency Ablation Devices Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Radiofrequency Ablation Devices Market Product Solution and Service
Table 27. Date of entering into Radiofrequency Ablation Devices Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Radiofrequency Ablation Devices Market Size by Type (2015-2021) (Million US$)
Table 30. Global Radiofrequency Ablation Devices Market Size Share by Type (2015-2021)
Table 31. Global Radiofrequency Ablation Devices Market Revenue Market Share by Type (2021-2027)
Table 31. Global Radiofrequency Ablation Devices Market Size Share by Application (2015-2021)
Table 33. Global Radiofrequency Ablation Devices Market Size by Application (2015-2021) (Million US$)
Table 34. Global Radiofrequency Ablation Devices Market Size Share by Application (2021-2027)
Table 35. North America Key Players Radiofrequency Ablation Devices Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Radiofrequency Ablation Devices Market Share (2019-2021)
Table 37. North America Radiofrequency Ablation Devices Market Size by Type (2015-2021) (Million US$)
Table 38. North America Radiofrequency Ablation Devices Market Share by Type (2015-2021)
Table 39. North America Radiofrequency Ablation Devices Market Size by Application (2015-2021) (Million US$)
Table 40. North America Radiofrequency Ablation Devices Market Share by Application (2015-2021)
Table 41. Europe Key Players Radiofrequency Ablation Devices Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Radiofrequency Ablation Devices Market Share (2019-2021)
Table 43. Europe Radiofrequency Ablation Devices Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Radiofrequency Ablation Devices Market Share by Type (2015-2021)
Table 45. Europe Radiofrequency Ablation Devices Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Radiofrequency Ablation Devices Market Share by Application (2015-2021)
Table 47. China Key Players Radiofrequency Ablation Devices Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Radiofrequency Ablation Devices Market Share (2019-2021)
Table 49. China Radiofrequency Ablation Devices Market Size by Type (2015-2021) (Million US$)
Table 50. China Radiofrequency Ablation Devices Market Share by Type (2015-2021)
Table 51. China Radiofrequency Ablation Devices Market Size by Application (2015-2021) (Million US$)
Table 52. China Radiofrequency Ablation Devices Market Share by Application (2015-2021)
Table 53. Japan Key Players Radiofrequency Ablation Devices Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Radiofrequency Ablation Devices Market Share (2019-2021)
Table 55. Japan Radiofrequency Ablation Devices Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Radiofrequency Ablation Devices Market Share by Type (2015-2021)
Table 57. Japan Radiofrequency Ablation Devices Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Radiofrequency Ablation Devices Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Radiofrequency Ablation Devices Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Radiofrequency Ablation Devices Market Share (2019-2021)
Table 61. Southeast Asia Radiofrequency Ablation Devices Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Radiofrequency Ablation Devices Market Share by Type (2015-2021)
Table 63. Southeast Asia Radiofrequency Ablation Devices Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Radiofrequency Ablation Devices Market Share by Application (2015-2021)
Table 65. India Key Players Radiofrequency Ablation Devices Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Radiofrequency Ablation Devices Market Share (2019-2021)
Table 67. India Radiofrequency Ablation Devices Market Size by Type (2015-2021) (Million US$)
Table 68. India Radiofrequency Ablation Devices Market Share by Type (2015-2021)
Table 69. India Radiofrequency Ablation Devices Market Size by Application (2015-2021) (Million US$)
Table 70. India Radiofrequency Ablation Devices Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Radiofrequency Ablation Devices Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Radiofrequency Ablation Devices Market Share (2019-2021)
Table 73. Central & South America Radiofrequency Ablation Devices Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Radiofrequency Ablation Devices Market Share by Type (2015-2021)
Table 75. Central & South America Radiofrequency Ablation Devices Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Radiofrequency Ablation Devices Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Radiofrequency Ablation Devices Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Radiofrequency Ablation Devices Market Share by Type: 2021 VS 2027
Figure 2. Global Radiofrequency Ablation Devices Market Share by Application: 2021 VS 2027
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Radiofrequency Ablation Devices Market Report Years Considered
Figure 8. Global Radiofrequency Ablation Devices Market Size YoY Growth 2015-2027 (US$ Million)
Figure 9. Global Radiofrequency Ablation Devices Market Share by Regions: 2021 VS 2027
Figure 10. Global Radiofrequency Ablation Devices Market Share by Regions (2021-2027)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Radiofrequency Ablation Devices Market Share by Players in 2019
Figure 13. Global Top Radiofrequency Ablation Devices Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Radiofrequency Ablation Devices Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Radiofrequency Ablation Devices Market Revenue in 2019
Figure 15. North America Radiofrequency Ablation Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Radiofrequency Ablation Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Radiofrequency Ablation Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Radiofrequency Ablation Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Radiofrequency Ablation Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Radiofrequency Ablation Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Radiofrequency Ablation Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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