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Published: October, 2015
Global Radiofrequency Ablation
Devices Market Assessment &
Forecast:
2015-2019
Segments Assessed: Applications – (Tumor Management, Cardiac
Rhythm Management, Surgery, Cosmetology, Gynecology, Hypertension,
Others) Products – Generators, Catheters & Probes, Disposables and
Special Capital Equipment.
Geographies Assessed: North America, Europe, Asia-Pacific, Latin
America, Middle-East and Africa.
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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About Us
Spearhead Acuity Business Research & Consulting (SA-BRC) is a premium Life Science business
intelligence and data analytics firm. The SA-BRC team offers a wide range of business intelligence
services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals,
Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the
entire value chain of healthcare industry. Our research and consulting capabilities extend across
several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical
Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.
Our skills and capabilities help in putting forth the most accurate perspective of the market. We track
all major and minor events that create ripples and affect the life-science market in different ways.
Our data modeling process includes the evaluation of impacting events and analyzing other
invaluable sources (public & proprietary) of information and finally reporting results that will
influence the decision making of the readers.
SA-BRC has helped start-ups and market leaders across the globe achieve their revenue goals
strategically in multiple stages such as adoption, pre-launch research, regional analysis, social media
analytics, competitive mapping, market entry and post marketing surveillance. We frequently build
panels of experts for gathering data and invite participants of the healthcare industry to share their
opinions and views on our reports. Our current network of industry experts span across all major
life-science domains and take pride in keeping ourselves abreast with the latest happenings within
the sphere of Life-Science.
Report:
GLOBAL NON-VASCULAR
STENTS MARKET
2013-2019
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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Table of Content
Chapter 1 Preface 7
1.1 Research Scope 7
1.1.1 Market Segmentation 8
1.1.2 Postulations 9
1.2 Methodology of Research 10
1.2.1 Companies covered in this report 11
Chapter 2 Précis 12
2.1 Market Inferences 12
Chapter 3 Market Dynamics 14
3.1 Market Drivers 14
3.1.1 Incidence of ineffectiveness of antiarrhythmic drugs is becoming a positive stimulus for
treatment by RF ablation 14
3.1.2 Minimally invasive out-patient procedure 14
3.1.3 Highly mature and clinically proven technology with diverse applications 14
3.2 Market Inhibitors 15
3.2.1 Rising competition from substitute treatment methods such as cryoablation and
microwave ablation 15
3.2.2 Renal denervation’s steep downslide to restrict and contract market expectations from radiofrequency ablation technologies 15
3.3 Opportunities 15
3.3.1 New life for RF ablation devices for hypertension 15
3.3.2 Opportunities in emerging markets 16
3.3.3 MRI Compatible Catheters 16
Chapter 4 Radiofrequency Ablation Devices – Global Market Size
Assessment, by Applications, Forecast: 2015 - 2019 17
4.1 Introduction 17
4.2 Radiofrequency Ablation Devices Market, by Tumor Management, US$ Mn (2013 - 2019) 18
4.3 Radiofrequency Ablation Devices Market, by Cardiac Rhythm Management, US$ Mn (2013 - 2019) 19
4.4 Radiofrequency Ablation Devices Market, by General Surgery, US$ Mn (2013 - 2019) 20
4.5 Radiofrequency Ablation Devices Market, by Pain Management, US$ Mn (2013 - 2019) 21
4.6 Radiofrequency Ablation Devices Market, by Cosmetology, US$ Mn (2013 – 2019) 22
4.7 Radiofrequency Ablation Devices Market, by Hypertension Management, US$ Mn (2013 – 2019) 24
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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4.8 Radiofrequency Ablation Devices Market, by Gynecology, US$ Mn (2013 – 2019) 26
4.9 Radiofrequency Ablation Devices Market, by Other Applications, US$ Mn (2013 – 2019) 27
Chapter 5 Radiofrequency Ablation Devices – Global Market Size
Assessment, by Products, Forecast: 2015 - 2019 29
5.1 Introduction 29
5.2 Radiofrequency Generators Market, US$ Mn (2013 - 2019) 30
5.3 Radiofrequency Catheters and Probes Market, US$ Mn (2013 - 2019) 31
5.4 Radiofrequency Disposables Market, US$ Mn (2013 - 2019) 32
5.5 Radiofrequency Special Capital Equipment Market, US$ Mn (2013 - 2019) 32
Chapter 6 Radiofrequency Ablation Devices – Global Market Size
Assessment, by Geography, Forecast: 2015 - 2019 34
6.1 North America Radiofrequency Ablation Devices Market, US$ Mn (2013 - 2019) 35
6.2 Europe Radiofrequency Ablation Devices Market, US$ Mn (2013 - 2019) 36
6.3 Asia-Pacific Radiofrequency Ablation Devices Market, US$ Mn (2013 - 2019) 37
6.4 Latin America Radiofrequency Ablation Devices Market, US$ Mn (2013 - 2019) 38
6.5 Middle-East Radiofrequency Ablation Devices Market, US$ Mn (2013 - 2019) 39
6.6 Africa Radiofrequency Ablation Devices Market, US$ Mn (2013 - 2019) 40
Chapter 7 Key Players Analysis: Radiofrequency Ablation Devices
Market Share, 2014 (%) 42
7.1 Key Players Market Share: Radiofrequency Ablation Devices Market, 2014 (%) 42
7.2 Global Radiofrequency Ablation Devices Market: Recent Developments 2013-2015 43
7.2.1 Mergers and Acquisitions 43
7.2.2 Joint Ventures, Expansion and Collaborations 44
7.2.3 New Product Launches and Approvals 44
7.3 Competitive Landscape: Strategies 45
Chapter 8 Epilogue 46
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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List of Figures
FIG. 1 Market Segmentation: Global Radiofrequency Ablation Devices Market 8
FIG. 2 Research Methodology: Global Radiofrequency Ablation Devices Market Assessment 10
FIG. 3 Global Raadiofrequency Ablation Devices Market Share, by Geography 2014 & 2019 (% Share - US$ Million) 13
FIG. 4 Radiofrequency Ablation Devices – Global Market Share, by Applications 2014 & 2019 (% Share - US$ Million) 17
FIG. 5 Global Radiofrequency Ablation Devices Market by Tumor Management 2013 – 2019 (US$ Million) 18
FIG. 6 Global Radiofrequency Ablation Devices Market for Cardiac Rhythm Management 2013 – 2019 (US$ Million) 19
FIG. 7 Global Radiofrequency Ablation Devices Market for General Surgery 2013 – 2019 (US$ Million) 21
FIG. 8 Global Radiofrequency Ablation Devices Market for Pain Management 2013 – 2019 (US$ Million) 22
FIG. 9 Global Radiofrequency Ablation Devices Market for Cosmetology 2013 – 2019 (US$ Million) 23
FIG. 10 Global Radiofrequency Ablation Devices Market for Hypertension Management 2013 – 2019 (US$ Million) 25
FIG. 11 Global Radiofrequency Ablation Devices Market for Gynecology 2013 – 2019 (US$ Million) 26
FIG. 12 Global Radiofrequency Ablation Devices Market for Other Applications 2013 – 2019 (US$ Million) 27
FIG. 13 Global Radiofrequency Ablation Devices Market Share, by Products 2014 – 2019 (% Share US$ Millions) 29
FIG. 14 Global Radiofrequency Generators Market 2013 – 2019 (US$ Million) 30
FIG. 15 Global Radiofrequency Catheters & Probes Market 2013 – 2019 (US$ Million) 31
FIG. 16 Global Radiofrequency Disposables Market 2013 – 2019 (US$ Million) 32
FIG. 17 Global Radiofrequency Ablation Special Capital Equipment Market 2013 – 2019 (US$ Million) 33
FIG. 18 Key Players Market Share: Radiofrequency Ablation Devices Market, 2014 (%) 42
FIG. 19 Ablation Devices Market, by Energy Type 2014 (% Share US$ Millions) 47
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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List of Tables
TABLE 1 List of companies covered in this report 11
TABLE 2 Global Radiofrequency Ablation Devices Market, by Geography, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 34
TABLE 3 North America Radiofrequency Ablation Devices Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 35
TABLE 4 Europe Radiofrequency Ablation Devices Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 37
TABLE 5 Asia-Pacific Radiofrequency Ablation Devices Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 38
TABLE 6 Latin America Radiofrequency Ablation Devices Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 39
TABLE 7 Middle-East Radiofrequency Ablation Devices Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 40
TABLE 8 Africa Radiofrequency Ablation Devices Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 41
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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Chapter 1 Preface
1.1 Research Scope
Chapter Number Segment Description
Chapter 1:
Preface
Research Scope
The preface provides a brief overview of the contents of the
research report. The overview is further supplemented by a
graphical representation of the market segments analyzed
in the report. This is followed by the postulations or
assumptions considered for analysis of different segments.
Research
Methodology
Provides the methodology adopted by SA-BRC while
estimating the current and future market in terms of value.
Chapter 2:
Précis
Inferences &
Summary
The chapter lists down key (quantitative and qualitative)
highlights and takeaways of the market as reported in the
study.
Chapter 3:
Market Dynamics
Drivers, Inhibitors &
Opportunities
Explains the foremost factors that are affecting the growth
(positively and negatively) of the global radiofrequency
ablation devices market.
Chapter 4:
Applications Market Size &
Forecast – Radiofrequency
Ablation Devices Market
Market Estimations
for Radiofrequency
Ablation by
Application
Application Segments: Tumor Management, Cardiac
Rhythm Management, Pain Management, Cosmetology,
Gynecology, General Surgery, Hypertension Management,
Others. Estimates market value with 2013 & 2014 as
historical years and forecast of 2015-2019.
Chapter 5: Products
Market Size & Forecast –
Radiofrequency Ablation
Devices Market
Market Estimations
for Radiofrequency
Ablation equipment
by type
Equipment Types: Radiofrequency Generators,
Radiofrequency Catheters and Probes, Disposables and
Special Capital Equipment. Estimates market value with
2013 & 2014 as historical years and forecast of 2015-2019.
Chapter 6: Geography
Market Size & Forecast –
Radiofrequency Ablation
Devices Market
Demographical
Analysis
Provides estimates by value for 6 geographies of North
America, Europe, Asia-Pacific, Latin America, Middle-East
and Africa. Estimates with 2013 & 2014 as historical years
and forecast of 2015-2019.
Chapter 7:
Key Players Market Share
Analysis
Recent
Developments &
Competitive
Strategies
Elaborates recent developments for the years 2013, 2014 &
2015 and major competitive strategies adopted by
companies in this area based on events for past 3 years.
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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Chapter 8:
Epilogue
Postscript Qualitative
Overview
Provides postscript content to the report and includes an
informal perspective on the market with the best possible
outcome by the end of forecast period.
1.1.1 Market Segmentation
FIG. 1 Market Segmentation: Global Radiofrequency Ablation Devices Market
Source: SA-BRC Analysis
Global Radiofrequency Ablation Devices Market
Assessment: Forecast 2015 - 2019
Application
SegmentationDemographic Segmentation
Tumor Management North America
Europe
Asia-Pacific
Latin America
Middle-East
Africa
Cardiac Rhythm
Management
General Surgery
Pain Management
Product/ Equipment
Segmentation
RF Generators
RF Catheters & Probes
Disposables
Special Capital Equipment
Cosmetology
Hypertension Management
Gynecology
Other Applications
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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1.1.2 Postulations
This section covers assumptions and postulations considered during the research of the market.
These assumptions considered in order to estimate the complete forecast of the Global
Radiofrequency Ablation Devices Market have been detailed below:
This report provides estimates of the market assuming no major economic rise or decline
will occur due to unforeseen circumstances during the forecast period.
SA-BRC interviews with industry experts, key players and doctors concluded that RF
catheters are also known by other terminologies such as electrodes or probes. This report
assumes all three terminologies to be the same component of RF ablation equipment.
This report includes the market for RF electrosurgical devices that are used for all types of
procedures such as coagulation, electrocautery, fulguration, arthroscopy (RF generated
plasma) and other invasive surgical procedures.
The analysis includes both disposable and reusable catheters and probes together in one
market segment due to disparity observed during surveys on the definition of reusable and
disposable. Varying number of responses suggested that electrodes and catheters that are
meant for single use are in fact used multiple times. If a device is used more than once, is it
in fact a reusable device? How many times does a catheter or a probe be needed to be
reused in order to be tagged as reusable? Hence SA-BRC analysis includes all types of
catheters and probes together to eliminate this confusion.
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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1.2 Methodology of Research
FIG. 2 Research Methodology: Global Radiofrequency Ablation Devices Market Assessment
Source: SA-BRC Analysis. **Websites mentioned in the above representation are few examples from our exhaustive list of references that
cannot be compiled in entirety
Quantitative
Research
Qualitative
Research
Primary Research Secondary/Desk Research
Online-web (CATI/CAWI/CAPI)
Telephonic and video conference
Interviewee Location: Multiple
respondents from each of 6 geographies
Interviewee Field Exp.: All Interviewees
were c-level, d-level, VP level and senior
management
Target Information: validation of
secondary findings; cross-verification of
other primary interviews
Organization – Hospital Purchase Dept.
and GPO’s across 6 regions
Proprietary third party databases
In-house data repository
Company sites
Annual Reports/ SEC Filings
Investor presentations
Equity & Stock
(Seeking Alpha, Zacks, etc.)
Primary Research Secondary/Desk Research
Online forums/blogs
Online communities/Patient Advocacy
Groups
Online chat with KOLs/experts
Focused Group Discussions
Target Information: Insights on market
trends, market impact factors, marketing
and awareness programs etc.
American Cancer Society
Globocan
European Society for Cardiology
American Chiropractic Association
Radiological Society of North America
European Cardiac Arrhythmia Society
Data triangulation was done for the information (quantitative/qualitative) collected through
primary and secondary sources. Analysis also included evaluation of all major macro and
microeconomic factors.
Post data triangulation process, the summary of our study was shared with KOLs and industry
experts to suggest further insights to our analysis as well as validate the overall radiofrequency
ablation devices market.
Key Findings
Market Forecast
Insight Generation
Spearhead-Acuity Team
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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1.2.1 Companies covered in this report
TABLE 1 List of companies covered in this report
S. No Company Name S. No Company Name
1 Medtronic Inc (Covidien PLC) 10 Haylard Health Inc
2 Boston Scientific Corporation 11 Cosman Medical Inc
3 St. Jude Medical 12 Stockert
4 Stryker Corporation 13 Johnson & Johnson (Biosense Webster &
DePuy Mitek)
5 AngioDynamics 14 Fcare Systems
6 AtriCure Inc 15 Hologic (Novasure)
7 Sutter Medizintechnik GmbH 16 Biotronik
8 Diros Technology 17 Stryker
9 Arthrex 18 Topera (Abbott Laboratories)
Source: Proprietary data sources, KOL opinions, Primary Interviews, SA-BRC Analysis
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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Chapter 2 Précis
2.1 Market Inferences
Key Highlights and Insights to the global radiofrequency ablation devices market:
The global radiofrequency ablation devices market was valued at US$ 3,137.9 million in
2014 and expected to grow to US$ 5,469.7 million by 2019 at a CAGR of 11.5% from 2015
to 2019.
Rising cases of tumors and cardiac arrhythmia ensured that the demand for radiofrequency
ablation devices was primarily led by these two applications. The market for RF devices in
tumor management accounted for a share of xx% followed by cardiac rhythm management
with a share of xx% in 2014.
A growing incidence of menorrhagia and increasing demand from menopausal women to
undergo endometrial ablation is expected to result in a high growth of RF ablation in
gynecology. The demand for RF ablation devices in gynecology is expected to grow the
quickest at a CAGR of xx% from 2015 to 2019.
North America continued to lead the demand for RF ablation devices despite having a
negligible demand for RF ablation in hypertension treatment. In 2014, North America
accounted for a market share of xx% followed by Europe with a share of xx%.
Asia-Pacific and Middle-East are expected to grow the quickest during the forecast period
2015 to 2019 with a CAGR of xx% and xx% respectively.
Medtronic Inc (Medtronic + Covidien Plc), Johnson & Johnson (Biosense Webster + DePuy
Mitek), St. Jude Medical, Stryker, Boston Scientific and Smith & Nephew were the leading
players in the radiofrequency ablation devices market with shares of xx%, xx%, xx%, xx%,
xx% and xx% respectively.
Global Radiofrequency Ablation Devices Market Assessment & Forecast, (2015-2019)
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Disclaimer:
SA-BRC Market Research is an informative Market Research Company with the sole intention of
sharing market related insights. The information provided in our research reports or on sa-brc.com
though collected through authentic sources, analyzed and cross validated through Key Opinion
Leaders (KOLs) in the industry; neither the company nor authors provide any kind of warranty about
the content – both qualitative and quantitative.
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