Market Overview:
The global internally cooled electrode market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market is segmented by type, application, and region. By type, the market is segmented into ˜1.5㎜ and ˜1.5㎜-˜2㎜ segments. By application, the market is divided into radiofrequency ablation of liver and lung, radiofrequency ablation of thyroid and breast, and others segments.
Product Definition:
An internally cooled electrode is a type of electrode that uses a coolant to keep its temperature down. This is important because it allows the electrode to operate at a higher temperature, which results in improved performance.
The global internally cooled electrode (ICCE) market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for energy-efficient products across various end-use industries such as residential, commercial, industrial, and utilities is anticipated to drive the growth of this industry over the forecast period.
˜1.5㎜-˜2㎜:
The ˜1.5-2㎜ is a type of mineral water that has low content of sodium and chlorine. It is rich in calcium and magnesium with a small amount of dissolved solids, which makes it ideal for use as an internally cooled electrode in thermal power plants.
Application Insights:
The radiofrequency ablation of liver and lung application segment led the global market in 2017. This can be attributed to increasing prevalence of chronic diseases, such as diabetes and high blood pressure, which are associated with increased risk of developing complications during radiofrequency ablation procedures.
Radiofrequency ablation of thyroid is expected to grow at a lucrative rate over the forecast period due to its ability to treat various disorders related to the gland without causing any damage or trauma to surrounding structures. Radiofrequency ablation is used for treatment purposes only; hence this procedure has gained popularity among patients seeking non-invasive treatment options for various health conditions.
Regional Analysis:
North America dominated the global market in 2017. The presence of key players, advanced healthcare infrastructure and high adoption rate for technologically advanced products are some of the factors responsible for its large share. Moreover, increasing government initiatives to promote R&D activities related to minimally invasive procedures is also expected to drive this regional market over the forecast period.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing to rising medical tourism and improving healthcare facilities in emerging countries such as China and India. In addition, an increase in awareness regarding various types of surgeries through advertisements by hospitals offering these procedures will propel demand during this period.
Growth Factors:
- Increasing demand for electric vehicles: The Internally Cooled Electrode market is expected to grow significantly in the coming years owing to the increasing demand for electric vehicles. This is mainly because electric vehicles are more environment-friendly and efficient as compared to traditional petrol or diesel-powered vehicles.
- Growing awareness about the benefits of electric vehicles: There has been a growing awareness about the benefits of using electric cars, which is driving the growth of Internally Cooled Electrode market. Some of these benefits include reduced emissions, lower fuel costs, and improved performance.
- Government initiatives supporting electrification of transport sector: Governments around the world are taking initiatives to promote electrification of transport sectors, which is aiding in the growth of Internally Cooled Electrode market. For instance, China has announced plans to invest 0 billion in its new energy vehicle industry by 2020.
Scope Of The Report
Report Attributes
Report Details
Report Title
Internally Cooled Electrode Market Research Report
By Type
<Ø1.5㎜, Ø1.5㎜-Ø2㎜
By Application
Radiofrequency Ablation of Liver and Lung, Radiofrequency Ablation of Thyroid and Breast, Others
By Companies
Medsphere, Starmed, Cardiva, RF Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Internally Cooled Electrode Market Report Segments:
The global Internally Cooled Electrode market is segmented on the basis of:
Types
<Ø1.5㎜, Ø1.5㎜-Ø2㎜
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Radiofrequency Ablation of Liver and Lung, Radiofrequency Ablation of Thyroid and Breast, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medsphere
- Starmed
- Cardiva
- RF Medical
Highlights of The Internally Cooled Electrode Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- <Ø1.5㎜
- Ø1.5㎜-Ø2㎜
- By Application:
- Radiofrequency Ablation of Liver and Lung
- Radiofrequency Ablation of Thyroid and Breast
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Internally Cooled Electrode Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An internally cooled electrode is an electronic component that uses a liquid cooling system to keep the device's internal components at a lower temperature than the surrounding air. This allows for increased performance and longer life in devices that require high levels of reliability.
Some of the major companies in the internally cooled electrode market are Medsphere, Starmed, Cardiva, RF Medical.
The internally cooled electrode market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Internally Cooled Electrode Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Internally Cooled Electrode Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Internally Cooled Electrode Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Internally Cooled Electrode Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Internally Cooled Electrode Market Size & Forecast, 2018-2028
4.5.1 Internally Cooled Electrode Market Size and Y-o-Y Growth
4.5.2 Internally Cooled Electrode Market Absolute $ Opportunity
Chapter 5 Global Internally Cooled Electrode Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Internally Cooled Electrode Market Size Forecast by Type
5.2.1 <Ø1.5㎜
5.2.2 Ø1.5㎜-Ø2㎜
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Internally Cooled Electrode Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Internally Cooled Electrode Market Size Forecast by Applications
6.2.1 Radiofrequency Ablation of Liver and Lung
6.2.2 Radiofrequency Ablation of Thyroid and Breast
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Internally Cooled Electrode Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Internally Cooled Electrode Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Internally Cooled Electrode Analysis and Forecast
9.1 Introduction
9.2 North America Internally Cooled Electrode Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Internally Cooled Electrode Market Size Forecast by Type
9.6.1 <Ø1.5㎜
9.6.2 Ø1.5㎜-Ø2㎜
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Internally Cooled Electrode Market Size Forecast by Applications
9.10.1 Radiofrequency Ablation of Liver and Lung
9.10.2 Radiofrequency Ablation of Thyroid and Breast
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Internally Cooled Electrode Analysis and Forecast
10.1 Introduction
10.2 Europe Internally Cooled Electrode Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Internally Cooled Electrode Market Size Forecast by Type
10.6.1 <Ø1.5㎜
10.6.2 Ø1.5㎜-Ø2㎜
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Internally Cooled Electrode Market Size Forecast by Applications
10.10.1 Radiofrequency Ablation of Liver and Lung
10.10.2 Radiofrequency Ablation of Thyroid and Breast
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Internally Cooled Electrode Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Internally Cooled Electrode Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Internally Cooled Electrode Market Size Forecast by Type
11.6.1 <Ø1.5㎜
11.6.2 Ø1.5㎜-Ø2㎜
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Internally Cooled Electrode Market Size Forecast by Applications
11.10.1 Radiofrequency Ablation of Liver and Lung
11.10.2 Radiofrequency Ablation of Thyroid and Breast
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Internally Cooled Electrode Analysis and Forecast
12.1 Introduction
12.2 Latin America Internally Cooled Electrode Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Internally Cooled Electrode Market Size Forecast by Type
12.6.1 <Ø1.5㎜
12.6.2 Ø1.5㎜-Ø2㎜
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Internally Cooled Electrode Market Size Forecast by Applications
12.10.1 Radiofrequency Ablation of Liver and Lung
12.10.2 Radiofrequency Ablation of Thyroid and Breast
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Internally Cooled Electrode Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Internally Cooled Electrode Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Internally Cooled Electrode Market Size Forecast by Type
13.6.1 <Ø1.5㎜
13.6.2 Ø1.5㎜-Ø2㎜
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Internally Cooled Electrode Market Size Forecast by Applications
13.10.1 Radiofrequency Ablation of Liver and Lung
13.10.2 Radiofrequency Ablation of Thyroid and Breast
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Internally Cooled Electrode Market: Competitive Dashboard
14.2 Global Internally Cooled Electrode Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medsphere
14.3.2 Starmed
14.3.3 Cardiva
14.3.4 RF Medical
