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Interventional Oncology Devices Market is expected to reach US$ 5.00 Billion by 2033 | Medtronic, Boston Scientific, BD, Terumo, Merit Medical, AngioDynamics, Johnson & Johnson, Teleflex, Cook Medical

07-07-2025 11:40 AM CET | Health & Medicine

Press release from: DataM Intelligence 4 Market Research LLP

Interventional Oncology Devices Market - DataM Intelligence

Interventional Oncology Devices Market - DataM Intelligence

Interventional Oncology Devices Market Size reached US$ 2.70 Billion in 2024 and is expected to reach US$ 5.00 Billion by 2033, growing at a CAGR of 7.1% during the forecast period 2025-2033.

Interventional Oncology Devices Market is gaining momentum across key geographies, driven by digital innovation and changing consumer expectations. This market report provides in-depth analysis, keyword-optimized forecasts, and actionable insights for businesses aiming to refine go-to-market strategies and strengthen brand positioning.

Get your exclusive sample report today: (corporate email gets priority access): https://datamintelligence.com/download-sample/interventional-oncology-devices-market?sg

Interventional Oncology Devices Market Landscape Analysis :

The global interventional oncology devices market is experiencing significant growth, driven primarily by the increasing global incidence of cancer and a rising preference for minimally invasive treatment options. Key procedures such as tumor ablation, embolization, and image-guided therapies have become essential components of contemporary cancer management. Ongoing technological innovations-including the integration of artificial intelligence and robotics-are further enhancing device performance and treatment outcomes.

Despite this progress, the market faces notable challenges. High procedure costs, limited awareness in low-resource regions, and complex regulatory approval processes continue to hinder broader adoption.

Regionally, North America leads the global interventional oncology devices market. This dominance is attributed to the rising prevalence of liver cancer, a strong presence of leading industry players, and the frequent introduction of advanced technologies and products, all of which contribute to sustained market expansion in the region.

Interventional Oncology Devices Market: Shifting Industry Trends and Market Potential

Surging Demand for Minimally Invasive Procedures Fuels Market Growth

The growing preference for minimally invasive procedures is a major factor propelling the interventional oncology devices market. These procedures offer several benefits over conventional surgical methods, including reduced complication rates, smaller incisions, less post-operative pain, shorter hospital stays, and faster recovery times. Additionally, they carry a lower risk of infection and often require less intensive post-operative care.

Minimally invasive techniques leverage advanced technologies to accurately diagnose and treat conditions such as cancer. They also aid in precise tissue sampling for biopsies and help minimize errors in disease staging. Their adoption not only enhances patient outcomes but also leads to considerable cost efficiencies in treatment planning and delivery.

A notable development in this space occurred in February 2025, when IceCure Medical Ltd. a pioneer in cryoablation technology-was named a sponsor of the Breast Cryoablation Mini Masterclass at the 2025 Society of Interventional Oncology Annual Meeting in Las Vegas. The company promotes a non-surgical, freezing-based approach for tumor elimination, presenting a compelling alternative to traditional surgical procedures.

In response to growing demand, manufacturers are increasingly investing in the development of advanced, user-friendly interventional oncology systems. These innovations aim to broaden clinical applications and improve operational efficiency, further accelerating the adoption of minimally invasive solutions across healthcare settings.

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Strategic Players Driving the Interventional Oncology Devices Market Forward: Medtronic, Boston Scientific, BD, Terumo, Merit Medical, AngioDynamics, Johnson & Johnson, Teleflex, Cook Medical, and HealthTronics.

Interventional Oncology Devices Market Recent Industry News:

In December 2024, AngioDynamics received FDA 510(k) clearance for its NanoKnife System, a non-thermal, radiation-free treatment option for minimally invasive prostate cancer treatment.

In February 2024, Profound Medical and Siemens Healthineers partnered to integrate Profound's TULSA-PRO system with Siemens' MAGNETOM Free. Max MRI scanner, aiming to improve precision in prostate therapy.

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Segment Covered in the Interventional Oncology Devices Market:

By Product Type (Ablation Devices, Embolization Devices, Support Devices)
By Procedure (Thermal Tumor Ablation, Non-Thermal Tumor Ablation, Transcatheter Arterial Chemoembolization, Transcatheter Arterial, Transcatheter Arterial Embolization/Bland Embolization)
By Cancer Type (Liver Cancer, Lung Cancer, Bone Metastasis, Kidney Cancer, Breast Cancer, Prostate Cancer, Others)
By End User (Hospitals, Clinics, Ambulatory Surgical Centers)

Regional Analysis for Interventional Oncology Devices Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Interventional Oncology Devices Market Research Industry:

✒ What are the primary drivers fueling growth in the Interventional Oncology Devices Market today?
✒ Which companies are currently leading innovation and market share in the Interventional Oncology Devices Market?
✒ In what ways is the current regulatory environment influencing the Interventional Oncology Devices Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Interventional Oncology Devices Market and why?
✒ What are the key barriers or challenges that could limit the growth of the Interventional Oncology Devices Market?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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