Press release
Global Tumor Ablation Market size was valued at USD 1.3 billion in 2021, growing at a CAGR of 13.6% from 2022 to 2032: Evolve Business Intelligence
Tumor ablation is a slightly invasive technique that is usually used in the treatment of tumors of the liver, lung, bone, and kidney. In the tumor ablation technique, thermal energy is cast-off to cool or heat tissue to cytotoxic levels. The thermal energy cast-off to destroy the tumor cells is less than -40 degree Celsius or more than 60 degrees Celsius.The driving factor of the Global Tumor Ablation Market are:
• The rising prevalence of cancer is growing the demand for effective treatment
The rising prevalence of cancer is growing the demand for effective treatment. The number of patients suffering from several types of cancers such as lung, blood, and liver is growing worldwide. According to the National Cancer Institute, it is projected that 1,735,350 new cases of cancer were diagnosed, and 609,640 decreases were reported in the US in 2018. Extreme smoking and consumption of alcohol and tobacco are the vital factors responsible for the growing prevalence of cancer across the world.
• The number of patients suffering from several types of cancers such as lung blood breast and liver is growing worldwide.
The global Global Tumor Ablation Market size was valued at USD 1.3 billion in 2021 growing at the CAGR of 13.6% from 2022 to 2032. Evolve Business Intelligence provides an in-dept research study that contains the ability to focus on the major market dynamics in several region across the globe. Moreover, a details assessment of the market is conducted by our analysts on various geographic including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa to provide clients with opportunity to dominate the emerging markets. The Global Tumor Ablation Market study includes growth factors, restraining factors, challenges, and Opportunities which allows the businesses to assess the market capability of the industry. The report delivers market size from 2020 to 2032 with forecast period of 2022 to 2032. The report also contains revenue, production, sales consumption, pricing trends, and other factors which are essential for assessing any market.
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Key Highlights:
• The global Global Tumor Ablation Market size was valued at USD 1.3 billion in 2021 growing at the CAGR of 13.6% from 2022 to 2032.
• North America dominated the market in 2021
• Asia Pacific is expected to grow at a highest CAGR from 2022 to 2032
Key Players
The Global Tumor Ablation Market report gives comprehensive information about the company and its past performance. The report also provides a detail market share analysis along with product benchmarking with key developments.
The key players profiled in the report are:
• SonaCare Medical LLC (US)Medtronic plc (Ireland)
• EDAP TMS (France)
• Angio Dynamics (US)
• HealthTronics
• Inc (US)
• Johnson & Johnson (US)
• Boston Scientific Corporation (US)
• Misonix Inc (US)
The Global Global Tumor Ablation Market report also includes information on company profiles, product descriptions, revenue, market share data, and contact details for several regional, global, and local companies. Due to increased technological innovation, R&D, and M&A operations in the sector, the market is becoming more popular in particular niche sectors. Additionally, a large number of regional and local vendors in the Global Tumor Ablation Market provide specialised product offerings according to geographical regions in keeping with the global manufacturing footprint. Due to the reliability, quality, and technological modernity of the worldwide suppliers, it is difficult for the new market entrants to compete.
COVID Impact
In terms of COVID 19 impact, the Global Tumor Ablation Market report also includes the following data points:
● COVID19 Impact on Global Tumor Ablation Market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in the Aviation Lubricants market
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Scope of the Report:
Market Segment By Technology:
o Radiofrequency Ablation
o Microwave Ablation
o Cryoablation
o Irreversible Electroporation Ablation
o Other Ablation Technologies
Market Segment By Treatment:
o Surgical Ablation
o Laparoscopic Ablation
o Percutaneous Ablation
Market Segment By Application:
o Kidney Cancer
o Liver Cancer
o Breast Cancer
o Lung Cancer
o Prostate Cancer
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Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of MEA)
● Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
● North America dominated the market with a revenue share of 30 % in 2021. The foremost factors contributing to the growth of this region contain government support for quality healthcare, more purchasing power parity, the availability of reimbursements, and the growing prevalence of cancer.
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and oppotunities
• Competitive Intelligence providing the understanding about the ecosystem
• Details analysis of Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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