U.S. Radiofrequency Ablation Devices Market Size & Outlook
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U.S. radiofrequency ablation devices market highlights
- The U.S. radiofrequency ablation devices market generated a revenue of USD 1,076.5 million in 2023 and is expected to reach USD 2,372.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 12% from 2024 to 2030.
- In terms of segment, disposable equipment was the largest revenue generating component type in 2023.
- Disposable Equipment is the most lucrative component type segment registering the fastest growth during the forecast period.
Radiofrequency ablation devices market data book summary
| Market revenue in 2023 | USD 1,076.5 million |
| Market revenue in 2030 | USD 2,372.8 million |
| Growth rate | 12% (CAGR from 2023 to 2030) |
| Largest segment | Disposable equipment |
| Fastest growing segment | Disposable Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Equipment, Capital Equipment, Reusable Equipment |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Stryker Corp, Abbott Laboratories, Smith & Nephew PLC, Johnson & Johnson, AngioDynamics Inc |
Other key industry trends
- In terms of revenue, U.S. accounted for 22.6% of the global radiofrequency ablation devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. radiofrequency ablation devices market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,372.8 million by 2030.
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Radiofrequency Ablation Devices Market Scope
Radiofrequency Ablation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| AngioDynamics Inc | View profile | 815 | 14 Plaza Drive, Latham, NY, United States, 12110 | https://www.angiodynamics.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
U.S. radiofrequency ablation devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to radiofrequency ablation devices market will help companies and investors design strategic landscapes.
Disposable equipment was the largest segment with a revenue share of 42.79% in 2023. Horizon Databook has segmented the U.S. radiofrequency ablation devices market based on disposable equipment, capital equipment, reusable equipment covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. accounted for the largest share of the radiofrequency ablation devices market in North America in 2018 and is expected to maintain its dominance during the forecast period owing to high healthcare expenditure, increasing demand for ablation technologies, growing incidence of cardiac diseases & cancer, and rise in number of individuals suffering from pain.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. radiofrequency ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. radiofrequency ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. radiofrequency ablation devices market size, by component type, 2018-2030 (US$M)
U.S. Radiofrequency Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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