The latest research on Radiofrequency-Based Devices Market report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2021-2028. Most importantly, the document empowers business owners to seek information about potential consumers and where they can find them. With an exclusive coverage of the top vendors, the study enables business owners to know more about the local market and locate potential consumers.
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.
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Report Objective:
The report offers a complete analysis of the global Radiofrequency-Based Devices market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as MA acquisition, partnerships, joint ventures, license agreement and collaborations. AngioDynamics Inc., ArtiCure Inc., CONMED Corporation, Smith Nephew PLC, BVM Medical Limited, Abbott Laboratories, Boston Scientific Corporation, Medtronic PLC, Stryker Corporation, and Cutera Inc. and others are some of the top companies profiled in the report.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Some key findings from the report suggest
- 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.
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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
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
The report addresses the following key points:
- The report provides a forecast of market drivers, restraints, and future opportunities for the Radiofrequency-Based Devices market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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