The global radiofrequency-based devices market size is expected to reach USD 9,595.9 Million in 2028 and register a revenue CAGR of 13.2% over the forecast period, according to latest analysis by Emergen Research. Steady global radiofrequency-based devices market revenue growth can be attributed to increasing demand for aesthetic procedures. 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.
The global Radiofrequency-Based Devices market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Radiofrequency-Based Devices market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
AngioDynamics Inc., ArtiCure Inc., CONMED Corporation, Smith & Nephew PLC, BVM Medical Limited, Abbott Laboratories, Boston Scientific Corporation, Medtronic PLC, Stryker Corporation, and Cutera Inc
Research Report on the Radiofrequency-Based Devices Market Addresses the Following Key Questions:
- Who are the dominant players of the Radiofrequency-Based Devices market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Radiofrequency-Based Devices market?
- What are the key growth drivers and restraining factors of the Radiofrequency-Based Devices market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Radiofrequency-Based Devices market and its key segments?
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Emergen Research has segmented the global Radiofrequency-Based Devices market on the basis of type, type of care, and region
Segments Covered in this report are:
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
In conclusion, the Radiofrequency-Based Devices Market report is an exhaustive database that will help readers formulate lucrative strategies. The Radiofrequency-Based Devices Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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