Asia Pacific Radiofrequency Ablation Devices Market
Published On: May 2020
Published On: May 2020
DisposablestoRegister High CAGR in Asia Pacific Radiofrequency Ablation Devices Market during Forecast Period
According to our new market research study of “Asia Pacific Radiofrequency Ablation Devices MarketForecast to 2027 - Covid-19 Impact and Regional Analysis by Product, and Application,”the Asia Pacificradiofrequency ablation devices market is expected to reach US$ 1,705.06 Mnby 2027 from 699.62 Mn in 2019. The market is estimated to grow at a CAGR of 12.1% from 2020 to 2027. The report provides trends prevailing in the Asia Pacific radiofrequency ablation devicesmarketalong with the drivers and hindrances pertaining to the market growth.
The Asia Pacific radiofrequency ablation devicesmarket, based on product, is segmented into disposables and devices.The disposablessegment held a larger share of the market in 2019, and it is further estimated to register a higher CAGR in the market during the forecast period.Disposables are used in every radiofrequency ablation surgery. These products are a crucial component of the radiofrequency ablation procedure as they help in transmitting the electric current to the target tissue. The advanced technology with the capability of creating large regions of coagulative necrosis in a controlled manner, in addition to low toxicity and minimized risk of complicated procedures driving the growth of the disposable radiofrequency ablation devices market.
The growth of the Asia Pacificradiofrequency ablation devices market is ascribed to the rising incidence of chronic illness, emerging applications of radiofrequency ablation technology, and mounting preference for minimally invasive procedures. However, side-effects associated with radiofrequency ablation devices, and preferred reuse and reprocessing of devices due to high prices of buying new deviceslimit the growth of the market in Asia Pacific.
Leading companies operating in the Asia Pacificradiofrequency ablation devices market are Medtronic, Boston Scientific Corporation, Holognic Inc., AngioDynamics,and Avanos Medical Inc, among others.
The report segments the Asia Pacific radiofrequency ablation devices market as follows:
Asia Pacific Radiofrequency Ablation Devices Market – ByProduct
Asia Pacific Radiofrequency Ablation Devices Market – By Application
Asia Pacific Radiofrequency Ablation Devices Market– By Country
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