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The Worldwide Radiofrequency Ablation Devices for Pain Management Industry is Projected to Reach $1 Billion by 2027 - ResearchAndMarkets.com

The "Radiofrequency Ablation Devices for Pain Management: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Radiofrequency Ablation Devices for Pain Management estimated at US$516.6 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 10% over the analysis period 2020-2027.

Disposable Products, one of the segments analyzed in the report, is projected to record a 9.9% CAGR and reach US$475.1 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the RF Generators segment is readjusted to a revised 10.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $141.8 Million, While China is Forecast to Grow at 13.6% CAGR

The Radiofrequency Ablation Devices for Pain Management market in the U.S. is estimated at US$141.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$205.8 Million by the year 2027 trailing a CAGR of 13.6% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 8.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$139.7 Million by the year 2027.

Reusable Products Segment to Record 8.6% CAGR

In the global Reusable Products segment, USA, Canada, Japan, China and Europe will drive the 8.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$79.1 Million in the year 2020 will reach a projected size of US$136.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 9.6% CAGR through the analysis period.

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For more information about this report visit https://www.researchandmarkets.com/r/lmxxgx

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News published on 6 december 2022 at 06:40 and distributed by: