Key Factor Supporting Tumor Ablation Market Development in 2025: Rising Demand For Minimally Invasive Procedures Drives Growth In The Tumor Ablation Market

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How Large Will the Tumor Ablation Market Size By 2025?
The size of the tumor ablation market has seen a swift expansion of late. A projection sets its growth from $1.45 billion in 2024 to an estimated $1.62 billion in 2025, advancing at a compound annual growth rate (CAGR) of 11.7%. This notable growth witnessed in the past can be attributed to factors such as the evolution of more accurate and effective ablation methods, increased spending on healthcare in developing economies, a trend towards ageing populations, an escalating cancer burden, and a global increase in cancer prevalence.

How Big Is the Tumor Ablation Market Size Expected to Grow by 2029?
In the coming years, the tumor ablation market is forecasted to experience a significant expansion. The market is projected to reach $2.47 billion in 2029, with a compound annual growth rate (CAGR) of 11.1%. The surge expected in the forecast period is due to a rise in cancer cases, an increase in minimally invasive procedures, extended applications, improved cost-effectiveness in healthcare, and heightened awareness and education. Looking forward, major trends anticipated for the forecast period encompass technological progress, continuous enhancements in advanced ablation technologies, incorporation of artificial intelligence, a focus on outpatient environments, and patient-centered strategies.

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Which Key Market Drivers Powering Tumor Ablation Market Expansion and Growth?
The tumor ablation market is predicted to expand due to the increasing popularity of minimally invasive procedures. These medical or surgical interventions either require small incisions or none at all, making them appealing because of shorter recovery times, less risk of complications and less post-surgery discomfort than traditional surgeries. Tumor ablation, a method used in minimally invasive procedures, eradicates cancerous tissues with techniques such as radiofrequency, microwave, or cryoablation, minimising harm to neighbouring healthy tissue and cutting down on recovery times. For example, Intuitive Surgical Inc., a US-based robotic products company, announced a 12% increase in the fourth quarter of 2023 for their 415 placements of da Vinci surgical systems (robotic surgical systems employing a minimally invasive surgical method) compared to 2022. As a result, the rise of minimally invasive procedures is fuelling the expansion of the tumor ablation market.

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What Are the Key Trends Driving Tumor Ablation Market Growth?
Leading businesses in the tumor ablation market are focusing on the advancement of novel products, such as bone tumor ablation systems, in an effort to improve treatment effectiveness, optimize patient results, and broaden the spectrum of tumors that can be treated. The bone tumor ablation system is a unique medical tool utilized for the treatment of bone tumors through procedures that are minimally invasive. For example, in March 2024, Medtronic plc, a medical device business headquartered in Ireland, was granted U.S. Food and Drug Administration (FDA) 510(k) approval for its OsteoCool 2. bone tumor ablation system. This enhanced system is engineered to manage painful bone metastases and benign bone tumors such as osteoi osteoma. The OsteoCool 2.0 accommodates simultaneous usage of four internally cooled probes, allowing doctors to ablate two vertebral bodies concurrently or establish larger ablation zones in extra-spinal uses. It has the capacity to deliver 20W per channel, which is over twice the power output of the Stryker OptaBlate bone tumor ablation system.

What Are the Emerging Segments in the Tumor Ablation Market?
The tumor ablation market covered in this report is segmented -

1) By Type: Thermal Ablation, Chemical Ablation
2) By Types Of Treatment: Percutaneous, Laparoscopic, Surgical
3) By Application: Kidney Cancer, Liver Cancer, Breast Cancer, Lung Cancer, Prostate Cancer, Other Cancer
4) By End Users: Hospitals, Oncology Centers, Other End Users

Subsegments:
1) By Thermal Ablation: Radiofrequency Ablation (RFA), Microwave Ablation (MWA), Cryoablation, Laser Ablation, High-Intensity Focused Ultrasound (HIFU)
2) By Chemical Ablation: Ethanol Ablation, Acetic Acid Ablation, Chemotherapy-Based Ablation (Chemoembolization)

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Who Are the Global Leaders in the Tumor Ablation Market?
Major companies operating in the tumor ablation market are Abbott Laboratories, Medtronic plc, Siemens Healthineers AG, Stryker Corporation, Boston Scientific Corporation, Olympus Corporation, Terumo Corporation, Varian Medical Systems Inc., Merit Medical Systems Inc., Bioventus LLC, Accuray Incorporated, AtriCure Inc., AngioDynamics Inc., EDAP TMS S.A., NeuWave Medical Inc., Mirabilis Medical Inc., STARMed Co. Ltd., Profound Medical Corp., RF Medical Co. Ltd., IceCure Medical Ltd., MedWaves Inc., Chongqing Haifu Medical Technology Co. Ltd.

Which are the Top Profitable Regional Markets for the Tumor Ablation Industry?
North America was the largest region in the tumor ablation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tumor ablation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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