Market Overview:
The Global Radiofrequency Ablation Generators Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing incidence of chronic diseases, technological advancements in radiofrequency ablation generators, and rising demand for minimally invasive surgeries. However, the high cost of radiofrequency ablation generators may restrain the market growth during the forecast period. Based on type, the global market is segmented into monopolar fashion and multi-polar fashion. The monopolar fashion segment dominated the global market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to its low cost as compared to other types of RF generators and easy availability across hospitals worldwide. Based on application, cardiology held a major share of the global RF generator market in 2017 and this trend is expected continue duringthe forecast period owingto increase incidences offatty liver diseaseand coronary artery disease (CAD) globally .
Product Definition:
Radiofrequency ablation generators are used to produce radiofrequency energy. This energy is then used to heat and destroy tissue. Radiofrequency ablation generators are important because they allow for the treatment of a variety of conditions, including cancer.
Monopolar Fashion:
Monopolar fashion is a technique of radiofrequency ablation in which the energy of one polarity is applied to only one electrode. It has been used since the early 70s and was patented by Arlonxeo in 1975. The monopolar generator or RF generator uses electrical energy to generate heat and thus generates an electric field that causes tissue damage or death.
Multi-polar Fashion:
Multi-polar fashion is a technique where the radiofrequency (RF) energy is applied in multiple directions to the target tissue. The RF field can be generated by using dipoles, which are stationary or moving antennas. Multi-polar technology allows treating larger areas of tissues with higher power density and coagulation of small blood vessels leading to better patient outcomes.
The global multi-polar fashion.
Application Insights:
The radiofrequency ablation generators find application in pain management as they help in reducing chronic pain and acute pain. Radiofrequency ablation generators are also used for the treatment of neuropathic, cancer, and aesthetic procedures. The use of RFAGs has increased significantly owing to their benefits such as minimal invasive procedure with less blood loss compared to surgical methods.
The oncology segment held the largest market share in 2017 due to increasing incidence of cancer across the globe. Cancer is a major cause of suffering & death worldwide; it is estimated that 1 out of 6 people die from cancer which accounts for 2/3rds mortality rate globally (other causes include cardiovascular disease, respiratory disease). In U.S.
Regional Analysis:
North America dominated the global radiofrequency ablation generators market in 2017. This can be attributed to the presence of well-established healthcare infrastructure, high adoption rate of technologically advanced products and a large number of companies involved in developing innovative devices for medical use. Moreover, increasing government funding for R&D activities pertaining to minimally invasive surgeries is also expected to drive growth during the forecast period.
In Asia Pacific, demand for RF devices is expected to grow at a lucrative rate during the forecast period owing to factors such as improving healthcare facilities and economic development coupled with an increase in disposable income resulting from urbanization and globalization. Furthermore, rising incidence rates of various types of cancer are also anticipated boost product demand over the next eight years. In addition, growing awareness regarding benefits associated with RF technology is further anticipated fuel regional growth during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: Radiofrequency ablation generators are used in minimally invasive surgeries, which is increasing in popularity due to the benefits it offers over traditional surgery. This is driving the growth of the radiofrequency ablation generators market.
- Technological advancements: The radiofrequency ablation generators market is witnessing rapid technological advancements, which is aiding in the growth of this market. These advancements are helping to improve the performance and efficiency of these devices, thus driving their adoption.
- Rising prevalence of cancer: The incidence of cancer is rising globally, and this has led to an increase in demand for radiofrequency ablation generators for its treatment. This is propelling the growth of this market significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiofrequency Ablation Generators Market Research Report
By Type
Monopolar Fashion, Multi-polar Fashion
By Application
Cardiology, Oncology, Pain Management
By Companies
Abbott, Boston Scientific, Biosense Webster, Medtronic, Biotronik, Stryker, SOMETECH, Olympus, RF Medical Co, AngioDynamics, Abbott
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Radiofrequency Ablation Generators Market Report Segments:
The global Radiofrequency Ablation Generators market is segmented on the basis of:
Types
Monopolar Fashion, Multi-polar Fashion
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
Cardiology, Oncology, Pain Management
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:
- Abbott
- Boston Scientific
- Biosense Webster
- Medtronic
- Biotronik
- Stryker
- SOMETECH
- Olympus
- RF Medical Co
- AngioDynamics
- Abbott
Highlights of The Radiofrequency Ablation Generators 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:
- Monopolar Fashion
- Multi-polar Fashion
- By Application:
- Cardiology
- Oncology
- Pain Management
- 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 Radiofrequency Ablation Generators 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
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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?
Radiofrequency ablation generators are medical devices that use radio waves to heat and destroy tissue. They are used to treat a variety of conditions, including tumors and cysts.
Some of the major players in the radiofrequency ablation generators market are Abbott, Boston Scientific, Biosense Webster, Medtronic, Biotronik, Stryker, SOMETECH, Olympus, RF Medical Co, AngioDynamics, Abbott.
The radiofrequency ablation generators market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators Market Size & Forecast, 2018-2028
4.5.1 Radiofrequency Ablation Generators Market Size and Y-o-Y Growth
4.5.2 Radiofrequency Ablation Generators Market Absolute $ Opportunity
Chapter 5 Global Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators Market Size Forecast by Type
5.2.1 Monopolar Fashion
5.2.2 Multi-polar Fashion
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators Market Size Forecast by Applications
6.2.1 Cardiology
6.2.2 Oncology
6.2.3 Pain Management
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators Analysis and Forecast
9.1 Introduction
9.2 North America Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators Market Size Forecast by Type
9.6.1 Monopolar Fashion
9.6.2 Multi-polar Fashion
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 Radiofrequency Ablation Generators Market Size Forecast by Applications
9.10.1 Cardiology
9.10.2 Oncology
9.10.3 Pain Management
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 Radiofrequency Ablation Generators Analysis and Forecast
10.1 Introduction
10.2 Europe Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators Market Size Forecast by Type
10.6.1 Monopolar Fashion
10.6.2 Multi-polar Fashion
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 Radiofrequency Ablation Generators Market Size Forecast by Applications
10.10.1 Cardiology
10.10.2 Oncology
10.10.3 Pain Management
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 Radiofrequency Ablation Generators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators Market Size Forecast by Type
11.6.1 Monopolar Fashion
11.6.2 Multi-polar Fashion
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 Radiofrequency Ablation Generators Market Size Forecast by Applications
11.10.1 Cardiology
11.10.2 Oncology
11.10.3 Pain Management
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 Radiofrequency Ablation Generators Analysis and Forecast
12.1 Introduction
12.2 Latin America Radiofrequency Ablation Generators 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 Radiofrequency Ablation Generators Market Size Forecast by Type
12.6.1 Monopolar Fashion
12.6.2 Multi-polar Fashion
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 Radiofrequency Ablation Generators Market Size Forecast by Applications
12.10.1 Cardiology
12.10.2 Oncology
12.10.3 Pain Management
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) Radiofrequency Ablation Generators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Radiofrequency Ablation Generators 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) Radiofrequency Ablation Generators Market Size Forecast by Type
13.6.1 Monopolar Fashion
13.6.2 Multi-polar Fashion
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) Radiofrequency Ablation Generators Market Size Forecast by Applications
13.10.1 Cardiology
13.10.2 Oncology
13.10.3 Pain Management
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 Radiofrequency Ablation Generators Market: Competitive Dashboard
14.2 Global Radiofrequency Ablation Generators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Boston Scientific
14.3.3 Biosense Webster
14.3.4 Medtronic
14.3.5 Biotronik
14.3.6 Stryker
14.3.7 SOMETECH
14.3.8 Olympus
14.3.9 RF Medical Co
14.3.10 AngioDynamics
14.3.11 Abbott
