A Rising Number of Radiofrequency Ablation Procedures Will Bolster the Global RFA Devices Market by 2019: TechNavio

TechNavio has announced the publication of a new market research report on the Global Radiofrequency Ablation (RFA) Devices Market, which is expected to grow at a CAGR of 18.24 percent from 2014-2019.

About the Report

The latest report by TechNavio emphasizes the rise in adoption of RFA procedures that are widely used for treating chronic tumors like liver tumors, spinal tumors, renal cell carcinoma and cardiac tumors.

The use of imaging-guided systems has helped boost the efficacy, safety and ease of use of these devices. RFA is also seeing increased use for treating solid tumors of the kidney, liver and the musculoskeletal system.

“Image-guided percutaneous radiofrequency ablation provides many advantages over surgical resection, including reduced morbidity and hospital stay, which makes it highly sought-after in the market,” says Faisal Ghaus, Vice President of TechNavio.

Furthermore, the report highlights technological developments—including advanced needle placement technology— in the ablation process that have resulted in higher accuracy, thus providing better support to both patients and surgeons. Many vendors are also making huge investments so as to develop catheters with robotic navigation technologies.

“Robot-assisted navigation technologies have significantly improved navigation of needles, catheters and electrode tips to the specific target during procedures,” says Ghaus.

Key Information Covered in the Report:

• Market segmentation, size and forecast through 2019
• Market Growth Drivers:
  • Increase in Aging Population
  • For a full detailed list, view our report.
• Market Challenges:
  • Lack of Skilled Electrophysiologists
  • For a full detailed list, view our report.
• Market Trends:
  • Rise in Adoption of Radiofrequency Ablation Procedures
  • For a full detailed list, view our report.
• Key Vendors:
  • Angiodynamics Inc.
  • Boston Scientific Corp.
  • Covidien Plc
  • Medtronic Inc.
• Other Prominent Vendors:
  • Advanced Cardiac Therapeutics
  • AtriCure
  • Biotronik
  • CardioFocus
  • Edwards Lifesciences

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the ablation technologies market:

• Global Ablation Technologies Market 2012-2016
• Global Electrophysiology Ablation Catheters Market 2014-2018

If you are interested in more information, please contact our media team at [e-mail].