Press release
Microwave Ablation Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2030
Microwave ablation is a thermal technique which uses MRI and radio-frequency equipment for the treatment procedure for treating chronic diseases such as liver tumor, kidney cancer, renal cancer, and cardiac diseases. The increasing prevalence of chronic diseases due to the unhealthy eating and alcohol consumption in developed country such as the US is the fueling factors for the growth of microwave ablation market. Moreover, robotics is used in the ablation procedure that further enhances the market growth.A full report of Global Microwave Ablation Market is available at: https://www.omrglobal.com/industry-reports/microwave-ablation-market
However, the availability of alternative treatment of the microwave ablation technology is the major restraining factor. The microwave ablation treatment uses the microwave for destroying abnormal tissues which can cause various side effects, thus the government has built the stringent regulation for the use of such technology which can hinder the growth of this market. Whereas, the increasing adoption of microwave technology for treating the hepatic tumor and research and development of catheter-based microwave systems are the prominent factors that can create a huge opportunity in the future.
Geographically market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America region is growing with significant rate and is dominating the overall market due to the increasing prevalence of cancer in the US. The increasing application of microwave technology and developed healthcare infrastructure is propelling the growth of microwave ablation in the European market. Moreover, the healthcare availability and the rising healthcare expenditure is the driving factor for microwave ablation market in the Asia-Pacific region.
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There are many companies which are involved in microwave ablation markets such as Medtronic PLC, AngioDynamics, Inc., ECO Inc, Emblation Ltd., Ethicon Inc., HUBER+SUHNER, MedWaves, Inc., and others. The companies are working on developing innovative microwave ablation system and research and innovation. The players have adopted inorganic growth strategies for enhancing their overall revenue. For an instance: Ethicon Inc., has signed an agreement in March 2016 for the acquisition of NeuWave Medical, Inc. This acquisition was aimed at advancing innovation and investing significantly in medical needs of surgical oncology that remains unmet.
Global Microwave Ablation Market- Segmentation
By Application
Oncology
Cardiology
Others
By End-User
Hospitals and Clinics
Research Institutes
Global Microwave Ablation Market- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
AngioDynamics, Inc.
Biotronik, Inc.
BSD Medical Corp.
Boston Scientific Corp.
Creo Medical Ltd.
Delta Medisains (M) Sdn. Bhd.
ECO, Inc.
Emblation Ltd.
Galil Medical Inc.
HealthTronics, Inc.
Huber+Suhner
Johnson and Johnson
Medtronic PLC
MedWaves Inc.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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