Press release
Optimizing Cancer Treatment: Tumor Ablation Techniques and Market Trends
What is Tumor Ablation?Tumor ablation is a minimally invasive medical procedure used to destroy abnormal tissues or tumors, such as cancerous or non-cancerous growths, without the need for surgery. It is typically performed using various energy sources, including radiofrequency, microwave, laser, or ultrasound.
Tumor ablation is usually performed under local anesthesia, and patients can often go home the same day. It is a relatively safe and effective alternative to surgery for patients who are not good candidates for surgery or who prefer a less invasive treatment option.
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Tumor ablation can be used to treat tumors in various organs, including the liver, lung, kidney, and bone. It can also be used in combination with other treatments, such as chemotherapy or radiation therapy, to improve treatment outcomes.
Tumor Ablation market
The tumor ablation market size was valued at $1.3 billion in 2021, and is estimated to reach $4.7 billion by 2031, growing at a CAGR of 13.6% from 2022 to 2031.
The global tumor ablation market is a growing market that is driven by several factors, including the rising incidence of cancer, increasing demand for minimally invasive procedures, and advancements in technology.
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The market is segmented by technology, treatment, application, and region. By technology, the market is segmented into radiofrequency ablation, microwave ablation, cryoablation, and others. By mode of treatment, the market is segmented into percutaneous, laparoscopic, and surgical ablation.
By application, the market is segmented into liver cancer, lung cancer, kidney cancer, bone metastasis, and others.
North America is the largest market for tumor ablation, driven by the increasing prevalence of cancer, favorable reimbursement policies, and the presence of key market players in the region. However, the Asia Pacific region is expected to grow at the highest CAGR during the forecast period, driven by increasing awareness about cancer, improving healthcare infrastructure, and rising disposable incomes.
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Some of the key players in the tumor ablation market include
Medtronic plc,
AngioDynamics, Inc.,
Boston Scientific Corporation,
Mermaid Medical A/S,
and NeuWave Medical, Inc.
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