Radiofrequency-Based Global Equipment Market to reach $ 11.22 billion by 2030

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Dublin, January 25, 2021 (GLOBE NEWSWIRE) – Added to the report “Global Radiofrequency Based Devices Market: Analysis and Forecast, 2021-2030” ResearchAndMarkets.com’s offering.

Healthcare experts have found that radio frequency is one of the fastest growing technologies, and the global market for radio frequency-based devices is expected to grow at a CAGR of 12.81% over the period ahead. -imagined 2021-2030.

The market is driven by a number of factors, which include an increase in breast disorder, an increase in geriatric population, rising demand for minimally invasive surgical procedures, the number of expenditures growing health care in developing economies, and technological advances in the field of ablation and aesthetic therapies.

There is a unique opportunity for the growth of the global radio frequency based devices market in the next decade. The increase in geriatric population worldwide, as well as the increase in the incidence of chronic diseases, is driving the growth of RF-based devices for pain management, oncology, and cardiology applications. Adoption of advanced technologies, such as the use of multifactorial radio frequency devices, is also expected to drive patient acceptance for non-invasive skeletal procedures.

Additional methods, such as fractional RF, sublative RF, phase-controlled RF, and mixed RF therapies that incorporate light, massage, or pulsed electromagnetic fields (PEMFs), contribute to the uptake of fast to radio frequency in aesthetic therapies.

Within the research report, the market is segmented by product type, application, end users, and segment. Each of these segments will cover a picture of the market over the projected years, market revenue bias, underlying patterns, and trends using analysis of the primary and secondary data. school received.

Competitive Landscape

The key players have been heavily involved in M&A activity, launching new products, and engaging in synergistic partnerships aimed at both co-developing new technologies. or strengthen consumer reach by combining the marketing efforts of the two companies.

Companies such as Stryker Corporation, Boston Scientific Corporation, Johnson & Johnson, Becton Dickinson and Company, Smith & Medical, Avanos Medical, YA MAN LTD., Cynosure, Medtronic plc, Venus Concept Inc, and Abbott Laboratories are expected to retain market dominance. . during the expected period.

By region, North America holds the largest proportion of base and installed units sold due to improved healthcare infrastructure, increase in per capita income, and re- improved payroll in the sector. In addition, the Asia-Pacific and Latin America regions are expected to grow at the fastest CAGR in the forecast period.

Market view

  • Products – Generators, Electrodes, Candidates, Probes, Cannulas, Needles, Others (Pumps, Pads, Clamps, Forceps, Wires, Sheaths, Footswitches)
  • Application – Pain Management, Aesthetics, Oncology, Cardiology, others (ENT, Gynecology, Urology, General Surgery)
  • End User – Hospitals, Surgical Centers, and Specialist Clinics, Other (Rehabilitation Centers, Nursing Homes, and Research and Academic Institutions)

Regional Seal

  • North America – USA, Canada
  • Europe – Germany, France, Italy, UK, Spain, Holland, Switzerland, Rest of Europe
  • Asia-Pacific – Japan, China, India, South Korea, Australia and New Zealand, Singapore, Rest-of-Asia-Pacific
  • Latin America – Brazil, Mexico, Rest-of-Latin America
  • Rest of the world

Market dynamics

Drivers

  • Rising incidence of chronic diseases
  • Increase in Geriatric population
  • Advantages over Traditional Ablation and Aesthetic Treatment Methods
  • Increasing awareness towards aesthetic therapies
  • Technical advancement in the devices based on radio frequency

Challenges

  • High cost associated with radio frequency based treatment
  • Lack of skilled healthcare professionals
  • Landscape Limited repayment

Opportunities

  • Development of Low Frequency Radio Frequency Based Systems
  • Better Healthcare Infrastructure and Awareness Raising towards Radio Frequency Based Devices in Developing Countries

Major companies listed

Abbott Laboratories, AngioDynamics, Inc., ALMA Lasers (Sisram Medical Ltd), ArtiCure, 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 Industria and Comercio Ltda, BVM Medical Limited, Diros Technology Inc.

Key questions answered

  • What are the key rules governing the development, commercialization and clinical use of devices based on radio frequency, across different sectors?
  • What are the key technological developments on which current industry leaders spend the bulk of research and development (R&D) investment?
  • Who are the key players currently in major control of the global radio frequency-based devices market?
  • What are the key strategies being introduced to device market players based on global radio frequency, in order to maintain competition and maintain the lead?
  • What is the current annual demand for radio frequency based devices across different regions and what is the growth potential in the forecast period?
  • What is the current market potential of radio frequency technology, and what factors determine the growth potential of radio frequency technology in the forecast period?
  • What is the current revenue contribution of different types of products in the radio frequency based devices market, and how would it grow in the projected period?
  • What is the current revenue contribution of various applications in the radio frequency-based device market, and how would it change in the forecast period?
  • Is the device market expected to grow based on radio frequency in the future? Why?
  • What similar technologies are available in the market? How do the other technologies compare and impact the global radio frequency-based device market?
  • What are the key technological investments taking place in the radio frequency-based devices market by the major players?
  • What is the price analysis of radio frequency based products and methods?
  • What is the growing and contracting division of device applications based on radio frequency, respectively? Why?
  • What is the current and future market position of global radio frequency based devices market?
  • What are the different groups of supply chain analyzes for radio frequency based devices market?

Key topics covered

1 Product Definition
2 Scope of a Research Study
3 Research Methodology
4 Business Analysis
5 Competitive Landscape
6 Global Market Instruments based on Radiofrequency Size and Forecast
7 Global Radiofrequency Based Devices Market (by product)
8 Global Radiofrequency Based Devices Market (By Demand)
9 Global Radiofrequency Based Equipment Market (by end user)
10 Global Radiofrequency Based Equipment Market (by region)
11 Company Profiles

  • Abbott Laboratories
  • AngioDynamics, Inc.
  • ALMA Lasers (Sisram Medical Ltd)
  • AtriCure, Inc.
  • Avanos Medical, Inc.
  • Boston Scientific Corporation
  • CONMED Corporation
  • Cutera, Inc.
  • Medtronic, PLC
  • Merit Medical Systems, Inc.
  • Smith & Nephew
  • Corporra Stryker
  • Concept Venus, Inc.
  • Bramsys Industria and Comercio Ltda
  • BVM Medical Limited
  • Diros Technology Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/z1cjgg

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