Tumor Ablation Market by Technology, Treatment and Region 2016-2021

According to the report “Global Tumour Ablation Market,” published by Market Data Forecast, the global market is projected to reach USD 681.79 million by 2021 from USD 375 million in 2016, at a CAGR of 12.7%.

Tumour Ablation is a minimally invasive surgical method to treat solid cancers. Special probes are used to “burn” or “freeze” cancers without the usual surgery. Computed Tomography (CT), Ultrasound (US) or Magnetic Resonance Imaging (MRI) is used to guide and position the needle probe into the tumour. This requires only a tiny hole, usually less than 3 mm via which the probe is introduced. When the probe is within the cancer it is attached to a generator which “burns” or “freezes” the cancer.

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“Burning” refers to increasing the temperature of the tumour to such a level that cancer cells die. This is usually achieved by radio frequency probes, referring to the type of energy used to increase the temperature. “Freezing” refers to cryoablation which decreases the temperature to -40 C (-40 F) which also kills the cancer cells.

The factors influencing the Global Market for Tumor Ablation Market, either positively or negatively are presented in the DROC analysis. Factors such as growing geriatric population across the globe, increasing number of people affected with cancer, technological advancements in the field of ablation are driving the global tumor ablation market. Increasing demand for minimally invasive cancer treatment procedures and growing awareness regarding the benefits offered by ablation procedures over the conventional surgical procedures are also fuelling the growth of the market. However therapeutic challenges related to ablation procedures and stringent regulatory guidelines leading to increase in gestation period of product launches are hindering the growth of the market.

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For granular level understanding, the Tumor Ablation Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segments.

• By Technology
o Radiofrequency Ablation Devices
o Microwave Ablation Devices
o Cryoablation Devices
o Other Ablation Devices

• By Treatment
o Surgical Ablation
o Laparoscopic Ablation
o Percutaneous Ablation

• By Application
o Liver Cancer
o Breast Cancer
o Lung Cancer
o Prostrate Metastasis
o Other Cancers

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On the basis of geography global Tumor Ablation market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America dominated the industry with over 33% owing to its advanced healthcare infrastructure. Rising prevalence of cancer in this region is a major driving factor for the industry in this region. Asia Pacific is estimated to be the fastest growing region during the forecast period due to huge population base and favourable economic developments in the region.

• North America Tumour Ablation Market
• Europe Tumour Ablation Market
• Asia-Pacific Tumour Ablation Market
• Latin America Tumour Ablation Market
• Middle East and Africa Tumour Ablation Market

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Some of the key companies dominating the market include Medtronic Plc., Boston Scientific Corporation, Angiodynamics, Mermaid Medical, HealthTronics, Galil Medical Inc., EDAP TMS S.A., SonaCare Medical, Misonix, Inc. and Neuwave Medical, Inc.

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The Tumor Ablation Market study offers the following deliverables:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming

• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail

• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses

• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

About Market Data Forecast:
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