Press Releases
 
Radiofrequency Ablation Devices for Pain Management Market will Reach to US$ 1,114.5 Million in 2024

Radiofrequency Ablation Devices for Pain Management Market

, 12 January 2018 -- The global radiofrequency ablation devices for pain management market, which valued at US$372.7 mn in 2015, radiofrequency ablation devices for pain management market is expected to rise to US$1,114.5 mn in 2024.

Transparency Market Research states that the global radiofrequency ablation devices for pain management market, which valued at US$372.7 mn in 2015, is expected to rise to US$1,114.5 mn in 2024. This translates to a potential 13.0% CAGR over the period between 2016 and 2024.

The rising prevalence of chronic pain conditions and the rising geriatric population of the world are among the key factors leading to the rising global demand for pain management therapies such as the ones that use radiofrequency ablation devices. The global market for these devices for pain management is also highly influenced by the rising demand for minimally invasive procedures across the globe.

Report Overview @ https://www.transparencymarketresearch.com/radiofrequency-ablation-devices.html

Benefits such as lesser post-surgery complications, low chances of side effects, and shorter span of recovery work in favor of minimally invasive surgeries and related devices. Radiofrequency ablation devices for pain management are also gaining increased focus owing to the higher known side effects and lower efficiency of alternate pain relief procedures and therapeutics options such as acupressure, acupuncture, and opioids. The easy availability, cost-effectiveness, and easy access to highly effective radiofrequency ablation devices for pain management have also propelled the market for these devices of late.

The need to comply with stringent laws and regulations set by regulatory authorities that are closely associated with product approvals, clinical trials, design, development, and commercialization hamper the overall development of the market to a sizable extent. Ablation devices come under class III medical device category in Europe and the U.S. Owing to this, the efficacy and safety of devices such as catheters and generators are paramount to gain approval. Strict regulations do not only delay approval, launch, and marketing of these products but also lead to increased prices.

Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=985

Decisions of regulatory authorities and cost containment measures undertaken by government authorities also have a negative impact on the reimbursement scenario and restrain the market for radiofrequency ablation devices for pain management. Along with these factors, the low costs of several pain management therapeutic options such as anticonvulsants, antidepressants, and NSAIDs also significantly impact and restrain the overall development of the global radiofrequency ablation devices for pain management market.

In terms of product varieties, the segment of disposable RF products dominated, accounting for a 40% of the overall market in 2015. The segment of RF generators is expected to exhibit expansion at the most promising pace over the forecast period. From a geographic perspective, the market in North America dominated in 2015, accounting for over 40% of the global market in 2015. However, the global market is expected to witness most lucrative growth opportunities in emerging economies across regions such as Asia Pacific and Latin America over the forecast period.

The radiofrequency ablation devices for pain management market features a markedly high level of consolidation, with the top three vendors, St. Jude Medical, Inc., Halyard Health, Inc., and Boston Scientific Corporation, accounting for a share of over 88% in 2015, observes Transparency Market Research. “These companies have strengthened their hold on the market owing to diversified product portfolios, extensive geographical presence, and strategic acquisitions over the past few years,” states a TMR analyst. Increased focus on emerging economies and increase in product launches are some of the most popular strategies adopted by top players.

Purchase this Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=985<ype=S

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:
Website: https://www.transparencymarketresearch.com

# # #


Submitted by hawer on Friday, 12 January 2018 at 7:33 PM
Category: Health Care & Medical
 
Related News

Carbon Dioxide Incubators Market Size, Share & Trend | Industry Analysis Report, 2026
Tuesday, 16 Oct 2018

Bowel Management Systems Market is Expected To Demonstrate a CAGR of 10.1% by 2026
Tuesday, 16 Oct 2018

Plasma Fractionation Market is Anticipated to Reach a Value of US$ 33,763.10 Mn by 2026
Tuesday, 16 Oct 2018

Rheumatoid Arthritis Drugs Market to Become Worth US$ 26,758.6 Mn Mn by 2026
Tuesday, 16 Oct 2018

Bowel Management Systems Market is Expected To Demonstrate a CAGR of 3.7% by 2026
Tuesday, 16 Oct 2018

Related Events

9th International Conference on Antimicrobial Agents in Veterinary Medicine
Tuesday, 16 Oct 2018

Collaborations Addressing Vulnerable Populations Forum
Tuesday, 16 Oct 2018

12th Digital Pharma East
Tuesday, 16 Oct 2018

eyeforpharma Patient Summit Europe 2018
Tuesday, 16 Oct 2018

International SAP Conference for Chemicals, Prague, 2018
Tuesday, 16 Oct 2018

Latest News

Wooden Street Brings Creative Ways to Use Cushions In Your Home
Wednesday, 17 Oct 2018

Viet Eat Offers Varied And Affordable Vietnamese Favourites To London Customers
Wednesday, 17 Oct 2018

News:RS Gold with Up to $12,000 cash coupons on Rsorder for Soul Phylactery Oct. 22
Wednesday, 17 Oct 2018

News:OSRS Gold with $12,000 cash coupons on Rsorder for Spellbook Rework Oct. 22
Wednesday, 17 Oct 2018

Stay Updated About Local News of City By Subscribing Website
Wednesday, 17 Oct 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 17 October 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • 9th International Conference on Antimicrobial Agents in Veterinary Medicine
  • SPE International Hydraulic Fracturing Technology Conference and Exhibition
  • CPI Global Summit, 16-17 October, New York
  • Collaborations Addressing Vulnerable Populations Forum
  • 12th Digital Pharma East

  • Latest Jobs
    Sorry, there are currently no entries posted here.