Healthcare Industry Radiofrequency Ablation Devices Market 2020

Your Catalyst To a Lucrative Business
Radiofrequency Ablation Devices Market Analysis, Size, Share,
Growth and Forecast to 2020 - Hexa Research
"Rising prevalence of target disorders such as
osteoporosis pain, benign prostatic obstruction (BPO)
is a high impact rendering driver for the growth of
Radiofrequency Ablation Devices Market."
The global Radiofrequency Ablation Devices Market is anticipated to expand at a nearly 18.5% CAGR over
the forecast period (2012 to 2020). The industry may reach around USD 9 billi on by 2020. High incidence of
target pain related disorders, such as osteoporosis and benign prostatic obstruction (BPO) drives market
demand. Furthermore, a rapidly expanding geriatric population could further contribute to overall demand.
This is because the elderly are more susceptible to developing cardiovascular ailments and chronic pains,
such as arthritis. Product innovations aim at fostering user friendliness and cost efficiency. Other factors that
fuel the global market are popularity of minimally invasive surgeries, low infection risks, and greater
preference for shorter hospital stays.
The worldwide Radiofrequency Ablation Devices Market is classified as per products, applications, and
regions. Based on products, the industry is segmented into reusable equipment, disposable equipment, and
capital equipment. Reusable equipment comprise electrodes and probes. Disposable equipment is further
categorized into single-use electrodes, single-use probes, needles, and cannulae.
In revenue terms, disposable equipment held the highest industry share in 2013. It may expand at a CAGR
more than 20% over the forecast period. The market for disposable equipment is primarily fueled by demand
for minimally invasive surgical procedures and government initiatives that aim at controlling hospital
acquired diseases. High demand for reusable radiofrequency ablation devices owes to the cost effectiveness
of endoscopic & laparoscopic interventions.
Browse Details of Report @ https://www.hexaresearch.com/research-report/radiofrequency-ablation-
devices-industry
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