Radiofrequency Ablation Devices Market Trends

Radiofrequency Ablation Devices Market Trends

The growing prevalence of chronic diseases such as cancer, cardiovascular devices, gynecological disorders, diabetes, and several others is a key factor driving the industry progression. The increasing prevalence rate of cardiac arrhythmias, such as atrial fibrillation and ventricular tachycardia with an aging population base will offer unprecedented expansion opportunities to the industry gains. For instance, the World Health Organization (WHO) reports that more than 17.9 million deaths globally each year are attributed to cardiovascular disorders, that stands for around 32% of overall mortality worldwide.
 

Also, the Centers for Disease Control and Prevention (CDC) estimated that 12.1 million people will suffer from atrial fibrillation by 2030 in the U.S. owing to the increase in number of heart disorders, the demand for radiofrequency ablation devices for cardiac ablation.  Further, radiofrequency ablation is commonly used in the treatment of cancerous tumors, particularly in the liver, kidney, lung, and bone. For instance, according to the World Health Organization (WHO) estimates, cancer is one of the leading causes of death in the majority of countries globally.