Press release
Global Tumor Ablation Market is expected to reach USD 3,495.0 million by 2024
Tumor Ablation Market SummaryThe Global Tumor Ablation Market is accounted to reach USD 3,495.0 million by 2024 from USD 1,Global-Tumor-Ablation-Market-Analysis-Companies-Profiles-Size-Share-Growth-Trends-and-Forecast-to-20249.7 million in 2016,it is growing at a CAGR of 9.8% in the forecast period 2017 to 2024.
The major factors contributing to the growth of the market includes incidences of cancer patients, increase in the number of hospitals, ablation and surgical centers, technological advancement in ablation devices.
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This research report provides an in-depth analysis of the market size, share, growth rate, drivers, restraints, challenges, threats, and growth opportunities in existing and potential markets.
The report has been collated as a result of the qualitative and quantitative research, first-hand information, and inputs from industry professionals and industry participants across the value chain. The study also provides a detailed assessment of the current market trends, micro- and macroeconomic indicators and governing factors, as well as the market attractiveness, as per the segments and sub-segments. The report also focuses on the qualitative impact of the different Tumor Ablation market factors on market segments and geographies.
Top Market Players:
• Boston Scientific Corporation
• Abbott
• Galil Medical Inc.,
• Perseon Corporation,
• NeuWave Medical, Inc.,
• Koninklijke Philips N.V.,
• INTIO Inc.,
• Mermaid Medical A/S,
• SonaCare Medical,
• LLC, DFINE, Inc.,
• Misonix,
• BVM Medical Limited,
• AngioDynamics,
• COMSOL Inc,
• EDAP TMS,
• HealthTronics, Inc.
The market is further segmented into:
• Type
• Application
• End User
• Geography
The global tumor ablation market is segmented on the basis of type, cancer type, mode of treatment, end user, and geography. On the basis of type, the market is segmented into three major segments which include tumor ablation systems, image guidance products, and accessories.
In 2017, the Tumor Ablation Systems market segment is expected to dominate the market with 69.2%. Tumor Ablation Systems is further sub segmented into radio frequency ablation system (RFA), microwave ablation system, cryoablation, high intensity focused ultrasound and laser ablation system. In 2017, radio frequency ablation system (RFA) market segment is expected to dominate the market with 53.8%.
Based on cancer type, the market is segmented into eight major segments which include liver cancer, brain cancer, lung cancer, bone cancer, kidney cancer, pancreatic cancer, breast cancer and others, The lung cancer market is expected to grow at the highest CAGR 10.7% in the forecast period of 2017 to 2024.
Based on mode of treatment, the global tumor ablation market is segmented into surgical, laproscopic and percutaneous. The Surgical is projected to witness higher growth during the forecast period., The laparoscopic market is expected to grow at the highest CAGR 10.8% in the forecast period of 2017 to 2024.
Based on end users, the market is segmented into hospital, oncology clinics, and others. In 2017, the hospital market segment is expected to dominate the market. with a share of 68.3%.
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Based on geography, the Global Tumor Ablation market is segmented into geographical regions, such as,
• North America,
• Europe,
• Asia-Pacific,
• South America
• Middle East & Africa
Covered in this report
The report covers the present scenario and the growth prospects of the Global Tumor Ablation market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
In the last section of the report, the global Tumor Ablation market additionally provides a detailed survey of the key competitors and the leading players in the market, based on the various objectives of an organization such as overview, profiling, product portfolio, the quantity of production, upstream raw material, downstream demand analysis, and the financial status of the organization. These key players have adopted the regional expansion, mergers & acquisitions, product portfolio expansion, partnerships, and collaborations as their key strategies to enhance their infiltration in the Global Tumor Ablation Market.
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