Europe Radiofrequency Ablation Devices Market
Published On: May 2020
Published On: May 2020
European RFA Ablation Devices Market for DisposablestoGrowata Fast Pace during Forecast Period
According to a new market research study of "Europe Radiofrequency Ablation Devices MarketForecast to 2027 - Covid-19 Impact and Regional Analysis by Productand Application,”the Europeradiofrequency ablation devices market is expected to reach US$ 2,335.88 Mn by 2027 from 1,021.48 Mn in 2019. The market is estimated to grow at a CAGR of 11.2%during 2020–2027. The report provides trends prevailing in the marketalong with the factors driving or restraining the market growth.
The Europe radiofrequency ablation devicesmarket, based on the product, is segmented into disposables and devices.The disposablessegment held a larger share of the market in 2019; it is also estimated to register a higher CAGR in the market during the forecast period.Disposables are used in every radiofrequency ablation surgery. The advanced technology with the capability of creating large regions of coagulative necrosis in a controlled manner, which iscomparatively low toxic and minimized risk of complication is driving the growth of the disposable radiofrequency ablation devices market.
The growth of the Europeradiofrequency ablation devices market is attributed to the rising incidence of chronic illness, emerging applications of radiofrequency ablation technology, and increasing preference for minimally invasive procedures. However, side-effects associated radiofrequency ablation devices as well as high costs of RFA devices and issues with the reimbursement of treatment costs are hinder the growth of the market.
Leading companies operating in the Europeradiofrequency ablation devices market are Medtronic, Boston Scientific Corporation, Holognic Inc., AngioDynamics Inc., and Avanos Medical Inc, among others.
The report segments the EuropeRadiofrequency Ablation Devices Market as follows:
EuropeRadiofrequency Ablation Devices Market– ByProduct
EuropeRadiofrequency Ablation Devices Market– By Application
EuropeRadiofrequency Ablation Devices Market– By Geography
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