RADIOFREQUENCY ABLATION DEVICE MARKET ANALYSIS

Regional Analysis

Increasing number of atrial fibrillation cases is expected to dominate North America in radiofrequency ablation device market

Regional segmentation of the radiofrequency ablation device market by Coherent Market Insights comprises North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. According to Centers for Disease Control & Prevention, an estimated 2.7-6.1 million people in the U.S., suffer from atrial fibrillation for which more than 750,000 hospitalizations occur each year, thus increasing the demand of radiofrequency ablation devices. The presence of high patient awareness, knowledge pertaining to ablation treatments, sophisticated reimbursement framework and usage of advanced technologies are the factors due to which North America is dominating in the global radiofrequency ablation device market. The market in Asia Pacific is expected to rise over the forecast period owing to the government initiatives to ensure improved healthcare access, availability of large number of patients with unmet medical needs and increased spending capacity of patients.