North America Radiofrequency-Based Devices Market 2022-2031 by Product (Generators, Electrodes, Applicators, Probes, Cannulas, Needles, Others), Application (Pain Management, Aesthetics, Oncology, Cardiology, Gynecology, Others), End User (Hospitals, ASCs, Specialty Clinics, Others), and Country: Trend Forecast and Growth Opportunity
- Report ID: 43702
- Date: Sep, 2022
- Pages: 101
- Category: ICT & Media
North America radiofrequency-based devices market is projected to grow by 11.0% annually in the forecast period and reach $4,328.3 million by 2031, driven by the increasing prevalence of chronic diseases along with the growing geriatric population, an increasing focus on enhancing physical appearance, a rising preference for minimally invasive and non-invasive procedures, and technological advancements supported by the rising R&D investment in healthcare domain.
Highlighted with 22 tables and 42 figures, this 101-page report “North America Radiofrequency-Based Devices Market 2021-2031 by Product (Generators, Electrodes, Applicators, Probes, Cannulas, Needles, Others), Application (Pain Management, Aesthetics, Oncology, Cardiology, Gynecology, Others), End User (Hospitals, ASCs, Specialty Clinics, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America radiofrequency-based devices market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America radiofrequency-based devices market in every aspect of the classification from perspectives of Product, Application, End User, and Country.
Based on Product, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Generators
• Electrodes
• Applicators
• Probes
• Cannulas
• Needles
• Other Products
Based on Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Pain Management
• Aesthetics
• Oncology
• Cardiology
• Gynecology
• Other Applications
By End User, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Specialty Clinics
• Other End Users
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Product, Application and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Abbott Laboratories
ALMA Lasers (Sisram Medical Ltd.)
AngioDynamics, Inc.
AtriCure, Inc.
Avanos Medical, Inc.
Becton Dickinson and Company
Boston Scientific Corporation
Bramsys Industria e Comercio Ltda
BVM Medical Limited
Conmed Corporation
Cutera, Inc.
Cynosure
Diros Technology Inc.
Johnson & Johnson
Medtronic Plc
Merit Medical Systems, Inc.
Smith & Nephew plc
Stryker Corporation
Venus Concept, Inc.
YA-MAN Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Reasons to Purchase
• The most thorough study on this industry, encompassing 12 regions, will provide you a genuinely worldwide view.
• Recognize the impact of the coronavirus on the market and how it is expected to change and expand as the virus's effects fade.
• Develop national and regional plans based on research and analysis conducted locally.
• Find investment opportunities in growing segments.
• Outperform rivals by using forecast data as well as market drivers and trends.
• Recognize consumer needs based on recent market research results.
• Performance comparisons with significant rivals.
• For better planning, take use of the connections between important data sets.
• Appropriate for using high-quality, trustworthy data and analysis to support your internal and external presentations.
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38
3 Segmentation of North America Market by Product 42
3.1 Market Overview by Product 42
3.2 Generators 44
3.3 Electrodes 45
3.4 Applicators 46
3.5 Probes 47
3.6 Cannulas 48
3.7 Needles 49
3.8 Other Products 50
4 Segmentation of North America Market by Application 51
4.1 Market Overview by Application 51
4.2 Pain Management 53
4.3 Aesthetics 54
4.4 Oncology 55
4.5 Cardiology 56
4.6 Gynecology 57
4.7 Other Applications 58
5 Segmentation of North America Market by End User 59
5.1 Market Overview by End User 59
5.2 Hospitals 61
5.3 Ambulatory Surgical Centers (ASCs) 62
5.4 Specialty Clinics 63
5.5 Other End Users 64
6 North America Market 2021-2031 by Country 65
6.1 Overview of North America Market 65
6.2 U.S. 68
6.3 Canada 71
6.4 Mexico 73
7 Competitive Landscape 75
7.1 Overview of Key Vendors 75
7.2 New Product Launch, Partnership, Investment, and M&A 79
7.3 Company Profiles 80
Abbott Laboratories 80
ALMA Lasers (Sisram Medical Ltd.) 82
AngioDynamics, Inc. 83
AtriCure, Inc. 84
Avanos Medical, Inc. 85
Becton Dickinson and Company 86
Boston Scientific Corporation 87
Bramsys Industria e Comercio Ltda 88
BVM Medical Limited 89
Conmed Corporation 90
Cutera, Inc. 91
Cynosure 92
Diros Technology Inc. 93
Johnson & Johnson 94
Medtronic Plc 95
Merit Medical Systems, Inc. 96
Smith & Nephew plc 97
Stryker Corporation 98
Venus Concept, Inc. 99
YA-MAN Ltd. 100
RELATED REPORTS 101
List of Tables
List of Tables:
Table 1. Snapshot of North America Radiofrequency-Based Devices Market in Balanced Perspective, 2021-2031 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. Regulatory Organizations by Region 27
Table 4. World Health Spending by Region, $ bn, 2013-2020 27
Table 5. Main Product Trends and Market Opportunities in North America Radiofrequency-Based Devices Market 34
Table 6. North America Radiofrequency-Based Devices Market by Product, 2021-2031, $ mn 42
Table 7. North America Radiofrequency-Based Devices Market by Application, 2021-2031, $ mn 51
Table 8. North America Radiofrequency-Based Devices Market by End User, 2021-2031, $ mn 59
Table 9. North America Radiofrequency-Based Devices Market by Country, 2021-2031, $ mn 66
Table 10. U.S. Radiofrequency-Based Devices Market by Product, 2021-2031, $ mn 70
Table 11. U.S. Radiofrequency-Based Devices Market by Application, 2021-2031, $ mn 70
Table 12. U.S. Radiofrequency-Based Devices Market by End User, 2021-2031, $ mn 70
Table 13. Canada Radiofrequency-Based Devices Market by Product, 2021-2031, $ mn 72
Table 14. Canada Radiofrequency-Based Devices Market by Application, 2021-2031, $ mn 72
Table 15. Canada Radiofrequency-Based Devices Market by End User, 2021-2031, $ mn 72
Table 16. Mexico Radiofrequency-Based Devices Market by Product, 2021-2031, $ mn 74
Table 17. Mexico Radiofrequency-Based Devices Market by Application, 2021-2031, $ mn 74
Table 18. Mexico Radiofrequency-Based Devices Market by End User, 2021-2031, $ mn 74
Table 19. Product Offerings of Main Vendors 77
Table 20. Abbott Laboratories: Company Snapshot 80
Table 21. Abbott Laboratories: Business Segmentation 81
Table 22. Abbott Laboratories: Product Portfolio 81
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 16
Figure 4. Industry Value Chain Analysis 18
Figure 5. North America Radiofrequency-Based Devices Market, 2021-2031, $ mn 19
Figure 6. Impact of COVID-19 on Business 22
Figure 7. Primary Drivers and Impact Factors of North America Radiofrequency-Based Devices Market 24
Figure 8. Leading Causes of Death in the World, 2000 and 2019, million 28
Figure 9. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 29
Figure 10. World Population 65 and Over, % of Total Population, 1950-2060 29
Figure 11. Primary Restraints and Impact Factors of North America Radiofrequency-Based Devices Market 31
Figure 12. Investment Opportunity Analysis 35
Figure 13. Porter’s Fiver Forces Analysis of North America Radiofrequency-Based Devices Market 38
Figure 14. Breakdown of North America Radiofrequency-Based Devices Market by Product, 2021-2031, % of Revenue 43
Figure 15. North America Addressable Market Cap in 2022-2031 by Product, Value ($ mn) and Share (%) 43
Figure 16. North America Radiofrequency-Based Devices Market by Product: Generators, 2021-2031, $ mn 44
Figure 17. North America Radiofrequency-Based Devices Market by Product: Electrodes, 2021-2031, $ mn 45
Figure 18. North America Radiofrequency-Based Devices Market by Product: Applicators, 2021-2031, $ mn 46
Figure 19. North America Radiofrequency-Based Devices Market by Product: Probes, 2021-2031, $ mn 47
Figure 20. North America Radiofrequency-Based Devices Market by Product: Cannulas, 2021-2031, $ mn 48
Figure 21. North America Radiofrequency-Based Devices Market by Product: Needles, 2021-2031, $ mn 49
Figure 22. North America Radiofrequency-Based Devices Market by Product: Other Products, 2021-2031, $ mn 50
Figure 23. Breakdown of North America Radiofrequency-Based Devices Market by Application, 2021-2031, % of Sales Revenue 52
Figure 24. North America Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 52
Figure 25. North America Radiofrequency-Based Devices Market by Application: Pain Management, 2021-2031, $ mn 53
Figure 26. North America Radiofrequency-Based Devices Market by Application: Aesthetics, 2021-2031, $ mn 54
Figure 27. North America Radiofrequency-Based Devices Market by Application: Oncology, 2021-2031, $ mn 55
Figure 28. North America Radiofrequency-Based Devices Market by Application: Cardiology, 2021-2031, $ mn 56
Figure 29. North America Radiofrequency-Based Devices Market by Application: Gynecology, 2021-2031, $ mn 57
Figure 30. North America Radiofrequency-Based Devices Market by Application: Other Applications, 2021-2031, $ mn 58
Figure 31. Breakdown of North America Radiofrequency-Based Devices Market by End User, 2021-2031, % of Sales Revenue 60
Figure 32. North America Addressable Market Cap in 2022-2031 by End User, Value ($ mn) and Share (%) 60
Figure 33. North America Radiofrequency-Based Devices Market by End User: Hospitals, 2021-2031, $ mn 61
Figure 34. North America Radiofrequency-Based Devices Market by End User: Ambulatory Surgical Centers (ASCs), 2021-2031, $ mn 62
Figure 35. North America Radiofrequency-Based Devices Market by End User: Specialty Clinics, 2021-2031, $ mn 63
Figure 36. North America Radiofrequency-Based Devices Market by End User: Other End Users, 2021-2031, $ mn 64
Figure 37. Breakdown of North America Radiofrequency-Based Devices Market by Country, 2021 and 2031, % of Revenue 66
Figure 38. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 67
Figure 39. U.S. Radiofrequency-Based Devices Market, 2021-2031, $ mn 69
Figure 40. Canada Radiofrequency-Based Devices Market, 2021-2031, $ mn 71
Figure 41. Radiofrequency-Based Devices Market in Mexico, 2021-2031, $ mn 73
Figure 42. Growth Stage of North America Radiofrequency-Based Devices Industry over the Forecast Period 75
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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