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.

Key Findings in Global Radiofrequency-Based Devices System Market:

• Historical Analysis: 2017 –2020
• Base Year: 2021
• Forecast Period: 2022-2027

Leading Market Players- 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 Indústriae Comércio Ltd, BVM Medical Limited, Diros Technology Inc., and others.

Key Highlights of the Report

• Market Dimensions And Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

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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
• Europe
• Middle East & Africa

• Asia-Pacific

Global Radiofrequency-Based Devices System 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.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Global Radiofrequency-Based Devices System?
• How is the Global Radiofrequency-Based Devices System expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And 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 And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.

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