Radiofrequency Ablation Devices Market: Latest Trends and Future Growth Study 2022-2030

This is, in turn, driving the advancement of the global radiofrequency (RF) ablation devices market. The market valuation is predicted to grow from $3,173.5 million in 2019 to $11,080.3 million by 2030. Furthermore, the market is predicted to advance at a CAGR of 12.6% between 2020 and 2030. Catheter systems, accessories, and generators are the major components of radiofrequency ablation devices. Out of these, the demand for catheter systems was the highest in the world during the last few years.

Globally, the sales of radiofrequency ablation devices will be the highest in North America in the forthcoming years, as per the estimates of the market research company, P&S Intelligence. This will be due to the growing prevalence of cancer and heart diseases and the soaring healthcare expenditure in the region. As per the Centers for Medicare & Medicaid Services (CMS), in the U.S., the total healthcare spending grew by 4.6% from the previous year.

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