Press release
Tumor Ablation Equipment Market Status and Business Outlook 2021 to 2027 |Medtronic, Johnson & Johnson, Boston Scientific Corporation
The Tumor Ablation Equipment Market Report 2021-2027 provides global market size, regional and national level market size, market segment growth, market share, competitive landscape, sales analysis, influence of domestic and global market participants, and value chain Detailed analysis of optimization, trade regulations, latest developments, opportunity analysis, strategic market growth analysis, product launches, regional market expansion and technological innovation.Tumor Ablation Equipment Market refers to the protection of the economy’s assets, systems and networks, including communications, emergency services, energy, finance, food, government and public services, from threats and damage, which is essential for the operation of the country.
In accordance with the Tumor Ablation Equipment Market is set to grow at a CAGR of 13.23 % over the forecast period (2021-2027).
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MARKET OVERVIEW
Certain factors that are propelling the growth of the market include the rising burden of cancer, technological advancements that are being done in ablation devices, and the growing demand for minimally invasive surgeries. Cancer has a social burden across all the major countries around the globe. According to the American Cancer Society, there were an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the United States in the year 2019.
Approximately one in every six deaths is due to cancer globally. The low and middle-income countries contribute to around 70% of all cancer deaths
Leading companies in the global Tumor Ablation Equipment market.
Medtronic, Johnson & Johnson, Boston Scientific Corporation, Ice Cure Medical Ltd., Galil Medical(BTG), HYGEA, Haifu, welfare, ECO, Nanjing Greatwall Information System Co., Micro-Tech
INDUSTRY NEWS
Medtronic has acquired 60 companies, including 14 in the last 5 years. A total of 15 acquisitions came from private equity firms. It has also divested 4 assets.
Medtronic’s largest acquisition to date was in 2014, when it acquired Covidien for $42.9B. It’s largest disclosed sale occurred in 2017, when it sold Medtronic - Patient Care Deep Vein Thrombosis & Nutritional Insufficiency Businesses to Cardinal Health for $6.1B. Medtronic has acquired in 14 different US states, and 8 countries. The Company’s most targeted sectors include medical products (88%) and healthcare services (8%).
The report based on the type of Tumor Ablation Equipment market is broken down:
Hospitals
Clinic
On the basis of segmentation by application, the key Tumor Ablation Equipment market can be subdivided into:
Microwave
Ablation?MWA
Radiofrequency Ablation?RFA
Cryoablation
Others
Global Tumor Ablation Equipment Market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
INDUSTRY NEWS
North America is Expected to Dominate the Market Over the Forecast Period
The growing investments of many key players in this market have grown significantly in the United States. In addition, the focus on the development of products with innovative features and greater effectiveness has increased in recent times. As a result, there has been a rise in R&D funds. Owing to the strict regulatory oversight, all the tumor ablation systems are replaced as per the replacement schedule stipulated by healthcare regulatory authorities, thus ensuring that the new sales of tumor ablation systems in the country are reasonably consistent.
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Highlights of the Tumor Ablation Equipment Market
Quantitative market information and forecasts of the global Tumor Ablation Equipment Market industry by type, end use, and geographic region.
Expert analysis of key technology, demographic, economic and regulatory factors that will promote the development of Tumor Ablation Equipment Market until 2027.
Market opportunities and new investment proposals.
Growth prospects among emerging countries by 2027.
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The report provides a summary of the important functions and key Tumor Ablation Equipment market:
Detailed Tumor Ablation Equipment market overview
The report provides a precise analysis of changing competitive dynamics.
In-depth market segmentation by type, application, etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
The competitive landscape of the cyber security market for key Tumor Ablation Equipment .
Key players and product strategy.
Potential and segmented markets/regions are showing considerable growth.
Finally, the key Tumor Ablation Equipment market report is a reliable source of market research that will accelerate your business exponentially. The report also proposes a new task SWOT review, speculative accessibility investigation and risk-reward investigation.
We also provide customized reports based on specific customer requirements:
1- Country/region analysis of any 5 countries/regions you choose.
2- Competitive analysis of any 5 major market participants.
3 to 40 analyst hours, covering all other data points
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Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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