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Follow on Google News | Radiofrequency Ablation Devices Market expected to reach USD 8.85 Billion by 2020According to a recent report by San Francisco-based Grand View Research, Radiofrequency Ablation Devicesr market is expected to reach $8.85 Billion by the end of 2020
By: Grand View Research, Inc Surgical oncology dominated the overall market in terms of share and was valued at over USD 1 billion in 2013 majorly on account of high procedure volumes and cancer prevalence. However, the radiofrequency ablation devices for hypertension market on account of increasing demand from patients and subsequent increase in R&D initiatives is expected to grow at the fastest CAGR during the forecast period. To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/ Further key findings from the study suggest: • Global radiofrequency ablation devices market was 19,619.0 thousand units in 2013 and is expected to reach 78,899.1 thousand units by 2020, growing at a CAGR of 22.0% over the next six years. • North America, owing to the presence of high healthcare expenditure, sophisticated healthcare infrastructure and increasing prevalence of pain related problems dominated the overall market in terms of revenue in 2013. As per the Community Chiropractic Centre report, over 31.0% of Americans suffer from back pain problems and such large presence of target patients is expected to boost the demand for radiofrequency ablation devices in the region. • The Asia Pacific radiofrequency ablation devices market is expected to grow at a CAGR of over 20.0% during the forecast period. Rapidly growing economic conditions and improving healthcare infrastructure in the emerging markets of China and India are expected to present the market with lucrative growth opportunities. Introduction of technological advancements such as multi needle electrode on the grounds of accuracy, portability and cost effectiveness is also expected to serve this market as a driver by catering to changing customer requirements. • Some key market players of radiofrequency ablation devices include Stryker Corp., Accuray, St. Jude Medical Inc., Neurotherm Inc., Biosense Webster, Diros Technology Inc., Cosman Medical Inc. and Kimberly-Clark Corporation. Browse All Ongoing Reports By Grand View Research, Inc @ http://www.grandviewresearch.com/ For the purpose of this study, Grand View Research has segmented the global radiofrequency ablation devices market on the basis of product, application and region: • Global Radiofrequency Ablation Devices Product Outlook (Volume, Thousand units; Revenue, USD Million, 2012 – 2020) • Capital equipment • Radiofrequency ablation generator • Reusable equipment • Radiofrequency ablation probes • Radiofrequency ablation electrodes • Disposable equipment • Radiofrequency ablation cannulas • Radiofrequency ablation needles • Radiofrequency ablation single use probes • Radiofrequency ablation single use electrodes Browse all Market Research Reports @ http://www.grandviewresearch.com End
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