Radiofrequency-Based Devices System Market Outlook – Size, Share, Opportunities, Trends & Forecast Analysis

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MarkNtel Advisors recently published a detailed industry analysis of the Global Radiofrequency-Based Devices System Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Radiofrequency-Based Devices System Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027

The Radiofrequency-Based Devices System Market is projected to grow at a CAGR of around 13.98% during the forecast period, 2022-27.

What are the major Driver the Global Radiofrequency-Based Devices System industry?

Upsurge in the Number of Chronic Diseases Would Drive the Market Growth- Being one of the primary factors leading to the growth in healthcare costs, the increasing number of patients with chronic pain is a strong driver for the growth of the radiofrequency-based devices market. In recent years, the prevalence of chronic pain has been increasing irrespective of age. As per the National Institute of Health’s National Center for Complementary and Integrative Health (NCCIH), around 50 million American adults suffered from chronic pain in 2016. Hence, this increases the demand for efficient and cost-effective pain management devices & radiofrequency ablation (RFA) devices.

RFA is widely used to treat lower back pain, neck pain, osteoarthritis, rheumatoid arthritis, etc. The prevalence of these medical conditions has been increasing rapidly, contributing to the growth of RFA in the pain management segment. Hence, driving the growth of the Radiofrequency-based Devices market.

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What segments define the Global Radiofrequency-Based Devices System Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?

By Product Type

    • RF Generator/System
    • Electrodes
    • Applicators
    • Probes
    • Cannulas
    • Needles
    • Others

According to report, Among them, Generators dominated the Global Radiofrequency-based Devices market in the historical years and is predicted to follow the same trend in the coming years as well.

By Application

    • Pain Management
    • Aesthetics
    • Oncology
    • Cardiology
    • Others (ENT, Gynaecology, Urology, General Surgery)

According to report, Of them all, Pain Management is predicted to lead the Global Radiofrequency-based Devices market in the past years & is anticipated to be the same during the forecast period.

By End User

    • Hospitals
    • Ambulatory Surgery Centers (ASCs) and Speciality Clinics
    • Others (Rehabilitation Centers, Nursing Homes, and Research and Academic Instituitions)

Explore the Complete Global Radiofrequency-Based Devices System Market Analysis Report – https://www.marknteladvisors.com/research-library/radiofrequency-based-devices-system-market.html

Geographical Analysis: Global Radiofrequency-Based Devices System Market

         By Region

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Rest of World

Global Radiofrequency-Based Devices System Market Share & Competitive Landscape:

The Radiofrequency-Based Devices System Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Global Radiofrequency-Based Devices System Market are:

  • Abbott Laboratories
  • AngioDynamics, Inc.
  • Sisram Medical Ltd
  • AtriCure, Inc.
  • Avanos Medical, Inc.
  • Boston Scientific Corporation
  • Conmed Corporation
  • Cutera, Inc.
  • Medtronic, Plc
  • Merit Medical Systems, Inc.
  • Smith & Nephew
  • Stryker Corporation
  • Venus Concept, Inc.
  • Bramsys Indústria e Comércio Ltda
  • BVM Medical Limited
  • Diros Technology Inc.

Global Radiofrequency-Based Devices System Market Industry Recent Development:

  • June 2020: Abbot announced the US launch of Iconic RF Generators, a radio frequency-based device that uses heat to target specific nerves & prevent pain relief signals from reaching the brain.
  • 2020: Boston Scientific introduced the DIRECTSENSE Technology, which has mainly provided electrophysiologists with the first-ever visualization & local measurement of the tissue responses to the RFA.

Questions Addressed in this Study

1.What factors are driving the Global Radiofrequency-Based Devices System Market growth?

2.How is the Global Radiofrequency-Based Devices System Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Global Radiofrequency-Based Devices System Market?

4.What is the current size of the Global Radiofrequency-Based Devices System Market, and how is it projected to change in the future?

6.What is the future outlook for the Global Radiofrequency-Based Devices System Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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