Emerging Opportunities in Radiofrequency (RF) Ablation System Market with Current Trends Analysis


Posted April 12, 2016 by shekharm1

Future Market Insights has announced the addition of the “Radiofrequency (RF) Ablation System Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.
 
Ablation is the process of removal of undesired organs, abnormal growths or harmful substances from the human body. Ablation is the destruction of a nerve conduction pathway by the means of high frequency alternating currents, delivered by a bipolar or unipolar catheters. Radiofrequency (RF) ablation is a non-surgical procedure which utilizes radio waves or electric currents to interfere with the nerve conduction for a period of around six to nine months. Heat is generated from medium frequency alternating current in the range of 350-500 kHz. During radiofrequency ablation, a guiding needle reaches the desired tissue with the help of image guidance device such as a CT scan. The tip of the needle transmits radiofrequency energy at the tissue site and produces heat. Radiofrequency ablation procedure requires image guidance techniques alongwith an anesthesiologist and cardiology specialist. Radiofrequency ablation works on the principle of disruption of conduction of nerve signals, specifically the pain conducting nerve signals. The heat generated due to the electric current causes the formation of a scar tissue to block nerve conduction pathway.

Radiofrequency (RF) Ablation System Market: Drivers & Restraints
The global radiofrequency ablation systems market is particularly driven by its feature of specificity. The advantage of radiofrequency ablation over other ablation medical procedures is that it can be conducted without the need for local anesthesia or conscious sedation anesthesia. Also, radiofrequency ablation specifically treats the particular site of the tissue and causes negligible damage to adjacent tissues. As a result, patients can resume regular activities within a few days. The success rate of radiofrequency ablation is good, around 70% cases were successful in blocking an intended nerve. Some of the complications associated with radiofrequency ablation are abscess, ARDS (Acute Respiratory Distress Syndrome), burning sensation at the treatment site of tissue, delayed hemorrhage into ablated tissue, diarrhea, fever and renal failure, tumor recurrence or seeding in extreme conditions. Such complications could probably hamper growth of the global radiofrequency ablation system market during the forecast period from 2016 to 2026.

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Radiofrequency (RF) Ablation System Market: Segmentation
Radiofrequency (RF) Ablation System market is classified on the basis of application, end use, type and geography.
Based on type, the global radiofrequency (RF) ablation system market is segmented into the following:
• Unipolar radiofrequency ablation
• Bipolar radiofrequency ablation

Based on application, the global radiofrequency (RF) ablation system market is segmented into the following:
• Arrhythmia
• Atrial tachycardia
• Atrial fibrillation
• Supraventricular tachycardia
• Cancer
• Benign Cancer
• Malignant Cancer
• Dermatology
• Obstructive sleep apnea
• Pain management
• Gynecology

Based on end use, the global radiofrequency (RF) ablation system market is segmented into the following:
• Hospitals
• General Hospitals
• Specialty Hospitals
• Cancer Research Institutes
• Ambulatory Surgical Centres

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Radiofrequency (RF) Ablation System Market: Overview
Radiofrequency ablation systems are used to treat tachycardia or fibrillation post an unsuccessful treatment with medications. The aim of radiofrequency ablation is to restore the regular rhythm of the heart. Since 2005, radiofrequency ablation systems have popularized in the global ablation technologies market due to the increasing number of medical studies and publications on radiofrequency ablation technology. Radiofrequency (RF) ablation systems are categorized under the ablation technologies market. Radiofrequency ablation systems are used majorly in the treatment of arrhythmia. As a result, the arrhythmia application segment is expected to hold a major share in the global radiofrequency ablation system market over the forecast period. Increasing usage of radiofrequency ablation devices in ambulatory surgical centres is projected to boost the growth of global radiofrequency ablation devices market through 2026.

Radiofrequency (RF) Ablation System Market: Region-wise Outlook
Depending on geographic regions, global radiofrequency ablation system market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. According to Centers for Disease Control & Prevention, an estimated 4 Mn people in the U.S. suffer from atrial fibrillation and it is forecast to increase due to the increasing geriatric population. In the U.S., the revenues generated from the treatment of atrial fibrillation is approximately US$ 6 Bn annually. As a result, the North America radiofrequency ablation system market is forecast to be the dominating region in terms of value through 2026.

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Radiofrequency (RF) Ablation System Market: Key Players
Some of the key market players identified in global Radiofrequency (RF) Ablation System market are MEDTRONIC, Boston Scientific Corporation, AngioDynamics, Stryker Corporation, RF Medical Co Ltd, AtriCure, Inc., F Care Systems, F Care Systems, Gynesonics to name a few.
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Issued By Future Market Insights
Country United States
Categories Business , Health , Reports
Last Updated April 12, 2016