Global Tumor Ablation Market 2023-2029
Tumor ablation is a minimally invasive medical procedure that is used to destroy cancer cells within tumors. This procedure involves the use of heat, cold, or chemicals to destroy cancer cells within tumors, which may be primary or metastatic. Tumor ablation is considered a minimally invasive procedure because it does not require surgery to access tumors. Instead, a small incision is made through the skin, and a special probe is inserted into the tumor to deliver the heat, cold, or chemicals used for ablation. Tumor ablation can be used in combination with other cancer treatments, such as chemotherapy or radiation therapy, to increase the effectiveness of cancer treatment. According to the latest estimates, the global tumor ablation market size is expected to increase from USD 919.0 million in 2022 to USD 1,939.5 million by 2029, garnering a CAGR of 11.26% over the evaluated period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global tumor ablation market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the technology, treatment, application, end user, and region. The global market for tumor ablation can be segmented by technology: radiofrequency, microwave, irreversible electroporation, cryoablation, other. The radiofrequency segment was the largest contributor to the global tumor ablation market in 2022. Tumor ablation market is further segmented by treatment: surgical ablation, percutaneous ablation, laparoscopic ablation. According to the research, the surgical ablation segment had the largest share in the global tumor ablation market. Based on application, the tumor ablation market is segmented into: lung cancer, kidney cancer, liver cancer, others. The lung cancer segment held the largest revenue share in 2022. On the basis of end user, the tumor ablation market also can be divided into: hospitals and clinics, specialty centers, others. Globally, the hospitals and clinics segment made up the largest share of the tumor ablation market. Tumor ablation market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
Market Segmentation
By technology: radiofrequency, microwave, irreversible electroporation, cryoablation, other
By treatment: surgical ablation, percutaneous ablation, laparoscopic ablation
By application: lung cancer, kidney cancer, liver cancer, others
By end user: hospitals and clinics, specialty centers, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides analysis of the key companies of the industry and their detailed company profiles including Johnson & Johnson, Medtronic plc, Boston Scientific Corporation, SonaCare Medical, LLC, EDAP TMS SA, AngioDynamics, Inc., HealthTronics, Inc., Misonix, Inc., Biotronik, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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