Radiofrequency ablation is a medical procedure. It involves the application of electromagnetic waves of high frequency to produce heat for treating medical ailments. The radiofrequency ablation devices market is anticipated to expand in the future. This owes to the increasing need for surgeries involving minimal invasiveness and diminutive duration and high usefulness of this procedure.
However, prices related to this technology and less or no consciousness among patients about the same act as hindrances in the further development of the radiofrequency ablation devices market. This market is segmented on the basis of applications, products and geographical regions. It was valued at about USD 297 million in 2011 and is predicted to rise during the expected phase of 2012 to 2018.
The rise is likely to take place at a CAGR of about 19 percent.