Tumor Ablation Market Share, Size, Trends, Growth, Region by Demand and Forecast Till 2024

Global Tumor Ablation Market Research Report and Forecast 2024

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Global Tumor Ablation Market Overview: According to the latest report by IMARC Group, titled “ Tumor Ablation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-20 24 �, the global tumor ablation market size reached US$ 538.7 Million in 2018. Tumor ablation is a minimally invasive (MI) surgery, which is utilized in the treatment of bone, liver, kidney and lung tumor.

It is also considered as a potential first-line treatment for numerous patients with small hepatocellular carcinomas or benign tumors. During the procedure, a specialized needle-like probe is inserted at the precise location of the tumor and then energy is employed for heating or cooling the tissue to cytotoxic levels. Generally, laser, radio-frequency (RF), and microwave (MW) systems are used for heating the tissue to at least 60 degrees Celsius for maximum efficacy.

Global Tumor Ablation Market Trends: According to the World Health Organization (WHO), cancer represents one of the leading causes of death across the globe. This can be attributed to sedentary lifestyles, high body mass index, low consumption of fruits and vegetables, and regular consumption of tobacco as well as alcohol. The rising prevalence of cancer, in confluence with benefits offered by MI procedures, such as speedy recovery, less trauma and reduced complications, is strengthening the global tumor ablation market growth.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Million US$

In Million US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

Apart from this, governments of various countries are investing in cancer awareness programs to minimize their healthcare expenditure, which in turn is also impelling the market growth. On account of these factors, the market value is projected to reach US$ 1,080 Million by 2024, expanding at a CAGR of around 12% during the forecast period (2019-2024).

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Furthermore, the advent of technological advancements, such as thermal and laser ablation, irreversible electroporation and High-Intensity Focused Ultrasound (HIFU), is anticipated to boost the market in the coming years.

Global Tumor Ablation Market Segmentation Market Breakup by Technology • • • •

Radiofrequency (RF) Ablation Microwave Ablation Cryoablation Others

Based on the technology, the market has been segmented into radiofrequency (RF) ablation, microwave ablation, cryoablation and others.

Market Breakup by Mode of Treatment •

Percutaneous Ablation

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Laparoscopic Ablation Surgical Ablation

On the basis of the mode of treatment, the market has been segregated into percutaneous, laparoscopic and surgical ablation.

Market Segmentation by Application • • • • •

Liver Cancer Lung Cancer Kidney Cancer Bone Metastasis Others

The market has been analyzed on the basis of the application into liver cancer, lung cancer, kidney cancer, bone metastasis and others.

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Report Description Market Segmentation by End User • • •

Hospitals Cancer Specialty Clinics Others

Based on the end user, the market has been classified into hospitals, cancer specialty clinics and others.

Market Segmentation by Region • • • • •

North America Europe Asia Pacific Middle East and Africa Latin America

Region-wise, the market has been divided into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.

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Report Description Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • • • • • • • • •

Medtronic AngioDynamics Inc HealthTronics Inc NeuWave Medical INTIO Inc Galil Medical Ltd Boston Scientific Sonacare Medical EDAP TMS S.A. ERBE Elektromedizin GmbH IceCure Medical Ltd MISONIX Inc Endocare Inc CooperSurgical Inc B V M Meditech Pvt

A partial List of

We are the trusted business partners to the

Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

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