North America Radiofrequency Ablation Devices Market Key Details and Outlook by Top Companies till 2027
The North America radiofrequency ablation devices market is
anticipated to reach US$ 3,214.24 Mn by 2027 from US$ 1,347.06 Mn in 2019. The
market is projected to grow at a CAGR of 11.8% from 2020 to 2027.
North America Radiofrequency Ablation Devices Market The
radiofrequency ablation devices transmit the energy of radiofrequency waves and
destroy the target tissue. North America Radiofrequency Ablation Devices Market
This technology has been widely in use to treat solid tumors, arrhythmias,
uterine fibroids, and other medical conditions. The growth of the market in
North America is driven by factors such as the increasing incidence of chronic
illness and growing preference for minimally invasive proceduresin the region.
However, side-effects associated with radiofrequency ablation restrain the
market growth to a certain extent.
North America Radiofrequency Ablation Devices Market Growing
healthcare expenditure is another factor contributing to growth of the North
America radiofrequency ablation device market. The rise in the number of
patients getting admitted to hospitals to cure suffering from different types
of pain, highinsurance premium policies,and high deductibles in hospitals are
among the factors responsible for the surge in healthcare costs. North America
Radiofrequency Ablation Devices Market According to a study by the American
Medical Association, in 2017,the US spent ~US$3.5 trillion on
healthcare.Moreover, as per a study published in the Journal of the American
Medical Association (JAMA) in March 2019, healthcare expenditure in the US
during 1996–2015 rose nearly by US$ 1 trillion. The study reported that the
overall healthcare spending in the US was US$3.5 trillion, i.e., ~US$11,000 per
person,in 2017, and these costs are expected to climb to US$6 trillion—i.e.,
~US$17,000 per person.Further, the increase in the incidence of chronic
conditions has had a direct impact on increases in the cost of medical care,
and almost half of the Americans have some form of chronic illness.
📚𝐅𝐮𝐥𝐥
𝐑𝐞𝐩𝐨𝐫𝐭
𝐋𝐢𝐧𝐤
@ https://www.businessmarketinsights.com/reports/north-america-radiofrequency-ablation-devices-market
North America Radiofrequency Ablation Devices Market The RFA
treatment is a prime trend in pain management nowadays, and in treatment of
chronic illness associated with advancement in technology and healthcare
infrastructure facilities is anticipated to havea positive influence in the
revenue generation from radiofrequency ablation devices. Minimally invasive
treatment procedures are associated with smaller incisions, less pain, shorter
hospital stay, faster recovery, North America Radiofrequency Ablation Devices
Market less scarring, and increased accuracy, which is leading to a greater
preference for these procedures around the world. Moreover, due to lowered pain
and discomfort, patients undergoing minimally invasive surgeries do not require
large doses of painkillers. Such procedures have small size of the incision,
which helps in healing faster than conventional surgeries, thereby allowing
patients to get back to their normal lives as quickly as possible.Ablation is
one of the most frequently used minimallyinvasive techniques for the treatment
of various tumors, AF, and uterine fibroids.According to the American Society
for Aestethic Plastic Surgery,the number of minimally invasive cosmetic procedures
in the US increased from ~13.9 million in 2014 to 14.2 million in 2015.
North America Radiofrequency Ablation Devices Market The
radiofrequency ablation procedure involves the injection of local anesthesia,
followed by the insertion of a thin needle through a tiny incision to pass heat
and electrical energy. North America Radiofrequency Ablation Devices Market The
technology avoids scars and other risks associated with traditional open
surgeries. Moreover, as the procedure is devoid of large cuts, it can be
carried on extremely sick or old patients, as they cannot bear the stress
associated with open surgeries. The completion of the total procedure takes
30–90 minutes, and the patients are monitored for a day, or in several cases,
they are discharged on the same day. Further, they can recover in less time and
can get back to daily life in ~1–3 weeks. Thus, the benefits associated with
the minimal invasiveness of theprocedure of radiofrequency ablation treatment
are driving the growth of the market.
North America Radiofrequency Ablation Devices Market North
America is witnessing the rapidly growing number of COVID-19 cases; for
instance, in the US, the number of cases has been increased to 614,246, with
26,064 deaths reported. According to the Breastcancer.org, in the country, many
doctors, hospitals, and other healthcare facilities are delaying or canceling
the breast cancer procedures and surgeries, as well as screenings or other
treatments if they are not considered urgent, emergencies, or otherwise
indicated for life-threatening conditions. Thus, the prevailing COVID-19
pandemic is likely to affect the radiofrequency ablation devices market growing
in the coming months.
📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝
𝐒𝐚𝐦𝐩𝐥𝐞
𝐏𝐃𝐅
𝐂𝐨𝐩𝐲@
https://www.businessmarketinsights.com/sample/TIPRE00010856
𝐓𝐡𝐞 𝐋𝐢𝐬𝐭
𝐨𝐟
𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬
Avanos Medical, Inc.
Stryker
Abbott
Boston Scientific
Bard (BD)
Angiodynamic
Hologic
Articure
Merit medical
North America Radiofrequency
Ablation Devices Market: An In-depth Analysis
Introduction
Radiofrequency ablation (RFA) is a
medical procedure that uses electrical currents to generate heat, targeting
specific tissues, such as tumors or problematic nerve tissues, to treat various
conditions. RFA has gained immense popularity in the healthcare industry due to
its minimally invasive nature, precision, and ability to treat a wide range of
conditions, including cancer, chronic pain, and cardiovascular diseases. The
North American Radiofrequency Ablation Devices Market has witnessed substantial
growth over the past few years, driven by advancements in technology,
increasing prevalence of chronic diseases, and rising demand for minimally
invasive treatment options.
This article provides an in-depth
analysis of the North American Radiofrequency Ablation Devices Market,
exploring key market trends, drivers, challenges, opportunities, and
competitive landscape.
Market Overview
Radiofrequency ablation devices are
widely used for a variety of medical purposes, including oncology, cardiology,
and pain management. These devices primarily consist of a generator,
electrodes, and catheters. The generator delivers high-frequency electrical
currents to the electrode, which in turn applies heat to the target tissue.
This process destroys or cauterizes the tissue, leading to therapeutic effects.
The North American market for
radiofrequency ablation devices is one of the largest globally, owing to
factors such as advanced healthcare infrastructure, the availability of skilled
professionals, and high healthcare expenditure. The United States and Canada
are the primary markets for radiofrequency ablation devices in North America,
accounting for a significant portion of the market share.
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Business Market
Insights is a market research platform that provides subscription service for
industry and company reports. Our research team has extensive professional
expertise in domains such as Electronics & Semiconductor; Aerospace &
Defense; Automotive & Transportation; Energy & Power; Healthcare;
Manufacturing & Construction; Food & Beverages; Chemicals &
Materials; and Technology, Media, & Telecommunications
You can see this-
North America Menstrual Cups Market- https://www.openpr.com/news/3928669/north-america-menstrual-cups-market-key-players-size-trends
North America Colorectal Cancer Market- https://www.openpr.com/news/3928724/north-america-colorectal-cancer-market-global-trends-share
North America Outdoor Power Equipment Market- https://www.openpr.com/news/3928883/north-america-outdoor-power-equipment-market-key-details
Comments
Post a Comment