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Key Driver: Upsurge in the Number of Chronic Diseases Would Drive the Market Growth
Being one of the primary factors leading to the growth in healthcare costs, the increasing number of patients with chronic pain is a strong driver for the growth of the radiofrequency-based devices market. In recent years, the prevalence of chronic pain has been increasing irrespective of age. As per the National Institute of Health’s National Center for Complementary and Integrative Health (NCCIH), around 50 million American adults suffered from chronic pain in 2016. Hence, this increases the demand for efficient and cost-effective pain management devices & radiofrequency ablation (RFA) devices.
RFA is widely used to treat lower back pain, neck pain, osteoarthritis, rheumatoid arthritis, etc. The prevalence of these medical conditions has been increasing rapidly, contributing to the growth of RFA in the pain management segment. Hence, driving the growth of the Radiofrequency-based Devices market.
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Our Research Report on Radiofrequency-Based Devices System Market Broadly comprises the following elements:
Radiofrequency-Based Devices System Market Outlook: This section provides an overview of the Radiofrequency-Based Devices System market, equipping stakeholders with a comprehensive understanding of the industry. It encompasses growth factors, constraints, and relevant statistics from reputable organizations to provide a concise market outlook. Additionally, the section projects the market's growth rate through accurately calculated CAGR 13.98% (Compound Annual Growth Rate).
Radiofrequency-Based Devices System Market Dynamics: This segment encompasses the market's drivers, challenges, opportunities, and key trends. By examining the historical scenario, stakeholders may meticulously analyse the current market and make informed decisions for the future, thereby gaining a competitive edge in the market.
Radiofrequency-Based Devices System Market Division: We present at least two prominent segments from the report's table of contents, along with elaboration on their sub-segments. We explain why these segments are worth considering and investing in, as they have the potential to fuel rapid growth.
The market has notable divisions, with further breakdowns as
Based on, By Product Type
-RF Generator/System
-Electrodes
-Applicators
-Probes
-Cannulas
-Needles
-Others
Based on, By Application
-Pain Management
-Aesthetics
-Oncology
-Cardiology
-Others (ENT, Gynaecology, Urology, General Surgery)
Based on, By End User
-Hospitals
-Ambulatory Surgery Centers (ASCs) and Speciality Clinics
-Others (Rehabilitation Centers, Nursing Homes, and Research and Academic Instituitions)
Based on, By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
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Competitive Scenario: This section covers recent news, launches, mergers, acquisitions, and ventures by key players listed in our table of contents. We strive to cover and analyze the latest advancements made by influential companies, including
-Abbott Laboratories
-AngioDynamics, Inc.
-Sisram Medical Ltd
-AtriCure, Inc.
-Avanos Medical, Inc.
-Boston Scientific Corporation
-Conmed Corporation
-Cutera, Inc.
-Medtronic, Plc
-Merit Medical Systems, Inc.
-Smith & Nephew
-Stryker Corporation
-Venus Concept, Inc.
-Bramsys Indústria e Comércio Ltda
-BVM Medical Limited
-Diros Technology Inc.
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