radiofrequency-based devices market is expected to grow at a CAGR of around 11% from 2022-2028.
According to a new report published by UnivDatos Markets Insights, the radiofrequency-based devices market is expected to grow at a CAGR of around 11% from 2022-2028. The analysis has been segmented into Product Type (radiofrequency generators, applicators, electrodes, cannulas, probes, needless, and others); Application (Aesthetics, Pain Management, Oncology, Gynecology, Cardiology, Others.); Region/Country.
Click here to view the Report Description & TOC- https://univdatos.com/report/radiofrequency-based-devices-market/
The radiofrequency-based devices market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the radiofrequency-based devices market. The radiofrequency-based devices market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the radiofrequency-based devices market at the global and regional levels.
Market Overview
Radio frequency uses is a technology that bypasses the skin, releases heat energy. Radiofrequency devices are commonly used for skin tightening, collagen production and treating chronic diseases such as cancer and cardiovascular diseases. Radiofrequency or RF devices are commonly used in aesthetic practices, skin tightening, collagen synthesis, body contouring by heating and eliminating fat cells, and facial rejuvenation are all possible using RF technology.
The growing adoption of radiofrequency-based devices is mainly driven by the growing prevalence cardiovascular disease and chronic diseases. For instance, according to World Health Organization, more than 17.9 million people die worldwide because of cardiovascular diseases. Furthermore, growing prevalence of chronic pain disorders such as arthritis and osteoporosis is expected to drive the market during the forecast period.
Some of the major players operating in the market include Abbott, AngioDynamics, Sisram Medical Ltd, ATRICURE, INC, Avanos Medical Inc, Boston Scientific Corporation, CONMED Corporation, Cutera, Medtronic, Merit Medical Systems Inc.
Request for Sample Pages- https://univdatos.com/get-a-free-sample-form-php/?product_id=31432
COVID-19 Impact
The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the healthcare industry and has transformed the way healthcare is delivered. The radiofrequency-based devices market has been significantly affected during these times owing to the delay in elective surgeries during the pandemic.
The global radiofrequency-based devices market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
· Based on product type, the market is segmented into radiofrequency generators, applicators, electrodes, cannulas, probes, needless, and others. Among them, generators dominated the market for global radiofrequency-based devices in the past and are anticipated to continue doing so in the anticipation period. The rise in demand of radio frequency generators is mainly attributed to its features such as one-time capital investment. Moreover, the growing use radiofrequency-based generators in pain management, is expected to drive the market during the forecast period. A high-frequency generator uses insulated needle electrodes to send small high-frequency currents to the paralyzed nerve, which in turn sends pain signals to the brain this helps technicians to treat the patients.
· Based on application the market is segmented into aesthetics, pain management, oncology, gynecology, cardiology, others. The pain management segment is expected to achieve significant share in 2020. Radio frequency device is a safe and proven means of treating pain signals, such as those coming from facet joints in the spine, genicular nerves in the knee, and femoral and obturator nerves in the hip. Furthermore, radiofrequency treatment is regarded as highly beneficial for the long-term management of chronic pain. Radiofrequency ablation has numerous advantages, including precision, efficacy, and reproducibility, these factors are expected to drive the market during the forecast period.
Have a Look at the Chapters - https://univdatos.com/report/radiofrequency-based-devices-market/
Radiofrequency-Based Devices Market Geographical Segmentation Includes:
· North America (United States, Canada, and Rest of North America)
· Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)
· Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)
· Rest of the World
In 2021, the North America radio frequency device market has the largest share and is expected to grow significantly during the forecast period. The growth in the region is mainly attributed to the growing research and development activities in the region coupled with the presence of key players in the market. For instance, Lockheed Martin Corporation made a stretigic investment in fortify to develop radio frequency devices. Moreover, as large patient pool suffering from chronic pain and the rising demand for cosmetic skin care is expected to drive the market in the region. For instance, according to the American Cancer Society, Inc., in 2018, approximately 1.9 million new cancer cases and more than 600k cancer deaths were estimated to have occurred in North America. The radio frequency-based devices market in Asia-Pacific will likely exhibit a fairly robust revenue CAGR during the forecast year. In addition, a growing population of older people, as well as increased levels of discretionary spending, are variables that are driving market revenue growth.
The major players targeting the market include
· Abbott
· AngioDynamic
· Sisram Medical Ltd
· ATRICURE INC
· Avanos Medical Inc
· Boston Scientific Corporation
· CONMED Corporation
· Cutera
· Medtronic
· Merit Medical Systems Inc
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Scopolamine market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Request for Customization- https://univdatos.com/get-a-free-sample-form-php/?product_id=31432
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the radiofrequency-based devices market?
• Which factors are influencing the radiofrequency-based devices market over the forecast period?
• What are the global challenges, threats, and risks in the radiofrequency-based devices market?
• Which factors are propelling and restraining the radiofrequency-based devices market?
• What are the demanding global regions of the radiofrequency-based devices market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
About UnivDatos Market Insights (UMI)
Browse Other Related Research Reports from UnivDatos Market Insights
· Healthcare Connected Devices
· Wearable Medical Devices Market
· Medical Mobility Aids Market
About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
Contact
UnivDatos Market Insights
Ph: +91-7838604911
Email: sales@univdatos.com
Website: https://univdatos.com/
