The global radiofrequency-based devices market size is expected to reach USD 9,595.9 Million in 2028 and register a revenue CAGR of 13.2% over the forecast period, according to latest analysis by Emergen Research. Steady global radiofrequency-based devices market revenue growth can be attributed to increasing demand for aesthetic procedures. A primary advantage of radiofrequency-based devices is in skin treatment and benefit for improving texture and appearance. Radiofrequency waves help in production of new collagen and elastin in the human body, while the old, damaged skin cells are replaced in due time. New skin produced through radiofrequency treatment is tighter and firmer, which offers a natural youthful appearance. Radiofrequency-based devices are also used for body contouring such as for treatment of flank or abdomen by destroying fat cells.

Expenditure on cosmetic and aesthetic procedures has been increasing in the recent past and this is supporting growth of the market to a significant extent. According to a report published by the American Society of Plastic Surgeons, in 2018, expenditure on cosmetic surgery and minimally invasive procedures in the US was over USD 16.50 billion, which represents a 4% increase over 2017.

The Global Radiofrequency-Based Devices Market Report provides an exhaustive study of the Radiofrequency-Based Devices market, along with an analysis of the subjective analysis to provide critical business insights to the readers. the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market.

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The report examines the global Radiofrequency-Based Devices market depending on the segments, including product types, applications, and end-user industries. It includes an elaborate analysis given by industry experts, with insights into the market depending on the different market aspects including, size, CAGR, market share, and the rates of production and consumption. It assesses the factors propelling the growth of the global Radiofrequency-Based Devices sector

 In market segmentation by manufacturers, the report covers the following companies-
AngioDynamics Inc., ArtiCure Inc., CONMED Corporation, Smith & Nephew PLC, BVM Medical Limited, Abbott Laboratories, Boston Scientific Corporation, Medtronic PLC, Stryker Corporation, and Cutera Inc.

Some Key Highlights From the Report

In January 2020, Stratus Medical announced completion of a private placement to acquire the assets of NimbusRF from Biomerics and provide growth capital funding to support the continued global expansion of the Nimbus RF Multitined Expandable Electrode for chronic pain, and the investment was led by Med Venture Holdings.

By product type, needles segment revenue is expected to register a rapid growth rate over forecast period. RF Micro-needling is a minimally invasive procedure making use of conventional micro-needling technique effectively with radio frequency energy for skin rejuvenation. The radiofrequency pulse transmitted through fractional method deep into the dermis layer of skin improves skin tightening and decreases acne scars by triggering elastin and collagen synthesis.

Among the application segments, cardiology segment revenue is expected to register fastest growth rate over the forecast period. Radiofrequency ablation is a technique deployed to treat issues associated with irregular heartbeat. Heat generated from radiofrequency electrodes at the catheter end destroys tissues causing problem and thus prevent abnormal heartbeats.

The Radiofrequency-Based Devices market report undertakes a thorough assessment of the major companies operating in the business to understand the major developments and notable events recorded by these companies, along with their gross revenue, company profiles, and the market shares held by them in the global market share. Several market aspects of the Radiofrequency-Based Devices business, such as the current market scenario, business standards, import/export status, drivers, and restraints existing in the global Radiofrequency-Based Devices market.

Emergen Research has segmented the global radiofrequency-based devices market on the basis of product type, application, end-use, and region:

Product Type Outlook (Revenue, USD Million; 2018–2028)

Radiofrequency Generators

Applicators

Electrodes

Cannulas

Probes

Needles

Others

Application Outlook (Revenue, USD Million; 2018–2028)

Aesthetics

Pain Management

Oncology

Gynecology

Cardiology

Others

End-Use Outlook (Revenue, USD Million; 2018–2028)

Hospitals & Clinics

Ambulatory Surgical Centers

Others

The evaluation also includes the rates of production and consumption, gross revenue, and average product price and market shares of key players. The information gathered is further broken down by including regional markets, production plants, and product types available in the market. Other key points, like competitive analysis and trends, concentration rate, mergers & acquisitions, expansion tactics, which are vital to establishing a business in the sector, have also been included in the report.

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According to the regional analysis, the market is primarily spread over key geographical regions as follows:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Highlights of the Radiofrequency-Based Devices Market:

A comprehensive understanding of the Radiofrequency-Based Devices market backed by the overall growth, drivers, constraints, opportunities, and technological advancements.

A concise Radiofrequency-Based Devices Market study that highlights the leading regions and major countries.

Analysis of the evolving market trends in addition to an extensive study of the existing Radiofrequency-Based Devices market segments.

Moreover, the report emphasizes the distinct aspects of the Radiofrequency-Based Devices market, such as the technological developments, financial standing, drivers, restraints, opportunities, threats, and emerging sectors observed in the study. The report draws accurate market estimations for the Radiofrequency-Based Devices industry for the forecast duration from 2021 to 2028.

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The report concludes with an extensive view of the Radiofrequency-Based Devices market, including a descriptive assessment of the parent market backed by information relating to leading players in the industry, present, past, and speculated trends in the industry, which serves as a database of all the relevant information to help both companies and individuals get ahead in the competition.

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Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

 

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