Global Radiofrequency Ablation Devices for Pain Management Market to Reach $1.4 Billion by 2030
The global market for Radiofrequency Ablation Devices for Pain Management estimated at US$711.9 Million in the year 2023, is expected to reach US$1.4 Billion by 2030, growing at a CAGR of 9.9% over the analysis period 2023-2030. Disposable Products, one of the segments analyzed in the report, is expected to record a 9.9% CAGR and reach US$649.8 Million by the end of the analysis period. Growth in the RF Generators segment is estimated at 10.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $190.3 Million, While China is Forecast to Grow at 13.5% CAGR
The Radiofrequency Ablation Devices for Pain Management market in the U.S. is estimated at US$190.3 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$307.7 Million by the year 2030 trailing a CAGR of 13.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 7.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$205.7 Million by the year 2030.
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