Global Radio Frequency Based Devices Market Report 2022: Applications of RF Waves Across Many Medical Specialties Drive Growth – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The Report “Radio Frequency Based Devices Market, Global Forecast 2022-2027, Industry Trends, Growth, Size, COVID-19 Impact, Company Analysis” has been added to from ResearchAndMarkets.com offer.

The global market for radio frequency based devices is expected to reach US$6.6 billion in 2027. Globally, the integration of radio frequency (RF) waves is one of the technological advancements in the delivery of treatments, RF waves being used to heat and kill cells in the patient’s body. . Remarkably, RF waves are used in many medical specialties, including aesthetics. Additionally, competition in the global radio frequency based aesthetic devices market will intensify in the future, owing to new market entrants and patent expirations.

The global radio frequency based devices market size will grow with a double-digit CAGR of 11.7% during the period 2021-2027

Growing geriatric population and increasing focus on improving physical appearance are significant factors driving the growth of radio frequency based devices market. Furthermore, radiotherapy is considered crucial in the palliative and curative treatment of cancer in geriatric patients. Additionally, an increasing preference for minimally invasive and non-invasive procedures is a key factor driving the demand for radio frequency-based treatment devices. Radiofrequency therapy is an effective option for plastic surgery, with minimal side effects, as well as being much less time consuming and almost painless.

Radio frequency generator segment accounts for the highest market share

The radio frequency devices market has been segmented into generators, radio frequency probes, electrodes and cannulas based on the product. According to the analysis, the radio frequency generator segment accounts for the highest market share throughout the study period. In the case of pain management, a radio frequency generator transmits a low amplitude radio frequency current using an insulated needle electrode to numb the nerves, which transmit the pain signal to the brain. Likewise, radio frequency probes will gain popularity in the market during the period 2021-2027.

Aesthetics Segment Expected to Record Fastest Growth Rate

Based on application, the radio frequency based devices market has been segmented into aesthetic devices, pain management devices, oncology devices, gynecology devices, cardiology devices, and others. According to the analysis, the pain management segment accounts for the highest market share among other application segments in the global radio frequency devices market throughout the study period. Also, the aesthetics segment is expected to register the fastest growth rate during the forecast period. In this case, increasing expenditure on cosmetic and aesthetic procedures propelled the growth of the market.

Globally, hospital is the most preferred end-use segment

By end use, the market is divided into hospitals, outpatient surgery centers, specialty clinics, and others. Developed infrastructure, high attendance, and rising healthcare expenses have made hospital the most preferred end-use segment. Additionally, an increase in the volume of cancer incidence and rising usage of radio frequency based devices in the field of oncology in hospitals is expected to drive the growth of the segment during the forecast period. In addition, the high demand for radio frequency treatment is increasing the number of operating theaters, which contributes to the evolution of the room, consequently boosting the growth of the global radio frequency device industry.

The market for radio frequency-based devices in Latin America is expected to record robust and significant growth

The dominance of the regional market in North America is attributed to increasing investment in research and development of advanced radio frequency devices, rising prevalence of chronic diseases, and rising healthcare expenditures. According to the analysis, the market for radio frequency-based devices in Latin America is expected to register significant robustness over the forecast years, driven by a large number of chronic pain patients and an increasing demand for cosmetic care. skin. Additionally, growing geriatric population and increasing disposable income is driving the expansion of the market.

Product – Breakup Covered from 4 points of view

Application – Breakup covered from 6 viewpoints

End User – Outage Covered from 3 points of view

Region – Breakup Covered from 5 viewpoints

Key players:

1. Abbott Laboratories

2. ALMA Lasers (Sisram Medical Ltd)

3. Atricure, Inc.

4. Medtronic plc

5.Stryker

6. Conmed Company

7. Smith & Nephew plc

8.Boston Scientific Corporation, Inc.

Main topics covered:

1. Introduction

2. Research and methodology

3. Executive Summary

4. Market dynamics

5. Global Radio Frequency Based Devices Market

6. Market Share – Global Radio Frequency Based Devices

7. Product – Global Radio Frequency Based Devices Market

8. Application – Global Radio Frequency Based Devices Market

9. End User – Global Radio Frequency Based Devices Market

10. Region – Global Radio Frequency Based Devices Market

11. Carriers five forces

12. Main players

For more information about this report visit https://www.researchandmarkets.com/r/8gzqy2

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