Last updated on April 18, 2014 at 9:56 EDT

Radiofrequency Ablation Devices Market for Pain Management is Expected to Reach USD 1.0 Billion Globally in 2018: Transparency Market Research

March 18, 2013

ALBANY, New York, March 18, 2013 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “Radiofrequency Ablation Devices Market
for Pain Management- Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2012 – 2018,” the global radiofrequency ablation devices market for pain management was
valued at USD 296.6 million in 2011, and is expected to grow at a CAGR of 19.4% from 2012
to 2018, to reach an estimated value of USD 1,027.6 million in 2018.

Browse the full report

Radiofrequency ablation is a minimally invasive surgical procedure involving
temperature controlled destruction of dysfunctional or cancerous tissues. Use of this
technology for pain management refers to heat destruction of nerves conducting pain
impulses, to relieve the patient of chronic pain. The market for RF ablation devices for
pain management application is expected to record a high growth rate during the forecast
period, owing to the rising demand of minimally invasive surgeries, high efficacy and
short duration of the procedure.

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The disposables segment accounted for the largest share of the market in 2011 and is
expected to be the fastest growing segment during the forecast period. This was followed
by the capital equipment segment and the reusables segment in 2011. Geographically, North
America accounted for the largest share in 2011, while Asia-Pacific is expected to be the
fastest growing region from 2012 o 2018 at a CAGR of 20.6%.

This market is dominated by a few major players, namely, Cosman Medical,
Integra-Radionics, Kimberly Clark-Baylis, NeuroTherm and Stryker Corporation. Of these,
Kimberly-Clark accounted for the largest market share in 2011, followed by NueroTherm.

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The global radiofrequency ablation devices market for pain management is segmented
into the following categories:

        - Radiofrequency Ablation Devices Market, by Applications
             - Surgical Oncology
             - Cardiology and Cardiac Rhythm Management
             - Pain Management
             - Gynecology
             - Hypertension
             - Cosmetology
        - Radiofrequency Ablation Devices Market for Pain Management, by Product
             - Capital Equipment
                - RF Generators
             - Reusables
                - RF Probes
                - RF Electrodes
             - Disposables
                - RF Cannulae
                - RF Needles
                - RF Single-Use Probes
                - RF Single-Use Electrodes
        - Radiofrequency Ablation Devices Market for Pain Management, by Geography
             - North America
                - United States
                - Canada
             - Europe
             - Asia-Pacific
             - Rest of the World (RoW)

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