logo
logo
Sign in

Tumor Ablation Market Analysis Report By Product, By Application, By End Use, By Region And Segment Forecasts from 2016 - 2026

avatar
Reports
Tumor Ablation Market Analysis Report By Product, By Application, By End Use, By Region And Segment Forecasts from 2016 - 2026

High target disease prevalence, product launches, increasing strategic developments such as partnerships and agreements, favorable research funding scenario, and various technological advancements are key factors contributing to high CAGR of Tumor Ablation during forecast period.

 Market Size – USD 973.4 Million in 2018, Market Growth - CAGR of 11.2%, Market Trends – Product launches and research for advanced tumor ablation

 According to the current analysis of Reports and Data, the global Tumor Ablation market was valued at USD 973.4 million in 2018 and is expected to reach USD 2.30 billion by year 2026, at a CAGR of 11.2 %. The study covers Tumor Ablation therapy uses some form of energy like radiofrequency, heat, electricity or cold to destroy and remove a tumor. Tumor ablation has primarily been used for the treatment of esophageal squamous cell dysplasia, gastric antral vascular ectasia, radiation proctopathy, cholangiocarcinoma, and pancreatic neoplasia.

 Ablation is preferred over other methods of treatment such as conventional surgery due to multiple advantages like no skin incision minimal risk to patient, little to no pain inflicted and a short duration of hospital stay. The increasing economic impact of cancer which shows increased prevalence of cancer among the population which increases the demand for the cancer treatment. In the year 2016 US the annual cost for cancer was USD 80.2 billion of which 38% cost was estimated due to inpatient hospital stays which can be reduced to quite good extent as the tumor ablation demands short duration of hospital stay.

 Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2029

The report provides a complete analysis of the global Tumor Ablation market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into the market growth, size, and investment approaches.

The key companies profiled in the market are:

Galil Medical, Inc.; Misonix, Inc.; HealthTronics; Boston Scientific Corporation; Medtronic Plc; SonaCare Medical; EDAP TMS S.A.; and Neuwave Medical, Inc.

Further key findings from the report suggest

  • Tumor Ablation market is growing at a CAGR of 12% in Asia Pacific followed by North America and Europe, with 0% and 10.9% CAGR, respectively. High cancer prevalence across the globe is the major factor driving the market during the forecast period across all regions.
  • The Radiofrequency Ablation segment dominates the market with a 25% market share. It is also estimated to grow at a CAGR of 10.3% as it is more preferably used for localized tumor ablation surgery especially for malignant liver cancer as it do not require longer period of hospital stay for the pre surgery observations
  • The microwave ablation segment is forecasted to be the fastest growing market segment, estimated to hold a 12.1% CAGR. Microwave ablation expects less risk and shorter duration of the hospital stay. Microwave ablation can perform for the treatment of multiple tumors simultaneously
  • Based on end use, the liver cancer segment dominates the market holding a 23.0% market share and is estimated to grow at a 12.1% CAGR. For the year 2018 American Cancer Society forecasted the liver cancer cases in the US might be approximately 42,220 and is expected to keep on increasing. It is the only cancer in the US which is continuously increasing
  • Asia Pacific is expected to account for the 26.6% of the global Tumor Ablation market. Developing nations such China, and India are likely to witness high growth due to uncontrolled population growth, more aged population, adherence to unhealthy habits and diet and infinite pollution growth
  • Slow rate of commercialization, high costs involved in research and development, reluctance toward the adoption of new treatment practices and government regulations that require long certification and approval cycles are likely to hamper growth of the market
  • One of the major manufacturer of medical device Boston Scientific acquired BTG PLC in November of the year 2018 which will expand Boston Scientific’s product line as well as it will improve the geographical reach of the company which will boost the company’s total sales along with the US regional sales. Boston Scientific also will be increasing cancer indication regarding the product of BTG, TheraSphere radiotherapy product and ICEfx cryoablation technology.

Browse Complete Report “Tumor Ablation Market” @ https://www.reportsanddata.com/report-detail/tumor-ablation-market

For the purpose of this report, Reports and Data has segmented the Tumor Ablation market on the basis of treatment, technology, application, and region:

Treatment Type Outlook (Revenue, USD Million; 2016-2026)

  • Surgical Ablation
  • Laparoscopic Ablation
  • Percutaneous Ablation

Technology Type Outlook (Revenue, USD Million; 2016-2026)

  • Radiofrequency Ablation
  • Cryoablation
  • Microwave Ablation
  • Irreversible Electroporation
  • Other Ablation Technologies

Application Type Outlook (Revenue, USD Million; 2016-2026)

  • Liver Cancer
  • Lung Cancer
  • Breast cancer
  • Prostate Cancer
  • Other Cancer

The report further segments the market on the basis of key regions of the world and offers an assessment of the production and manufacturing capacity, import and export, production and consumption patterns, supply and demand ratio, and the presence of key players in each region. The Tumor Ablation market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

In-depth regional analysis covers:

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • U.K.
  • France
  • BENELUX
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Rest of APAC
  • Latin America
  • Brazil
  • Rest of LATAM
  • Middle East & Africa
  • Saudi Arabia
  • A.E.
  • Rest of MEA

The report includes primary and subjective research with a comprehensive study examined and validated by industry professionals and experts. The report further provides insights into the opportunities and threats that the industry may witness in the upcoming years, throughout the forecast period. The report also provides an insight into the growth in revenue along with CAGR throughout the forecast period. It also provides insights into lucrative opportunities to enable the businesses to capitalize on the emerging trends of the market.

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/2029

Highlights of the TOC:

  1. Report Overview

1.1 Research Scope

1.2 Key Tumor Ablation market segments

1.3 Major players

1.4 Market analysis by product

1.5 Market analysis by application

1.6 Report timeline

  1. Global Growth Trends

2.1 Global Tumor Ablation market size

2.2 Latest Tumor Ablation market trends

2.3 Key growth trends

  1. Competitive Landscape

3.1 Global Tumor Ablation market key players

3.2 Global Tumor Ablation size by manufacturers

3.3 Products of major players

3.4 Entry barriers in the Tumor Ablation market

3.5 Mergers, acquisitions, joint ventures, and strategic alliances

About Reports and Data                              

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Thank you for reading our report. For additional information on customization of the report, connect with us and we will make sure you get a report tailored to meet your needs.

Tumor Ablation Market, Tumor Ablation Market size, Tumor Ablation Market share, Tumor Ablation Market trends, Tumor Ablation Market forecast, Tumor Ablation Market analysis, Tumor Ablation Market scope, Tumor Ablation Market manufacturer, Tumor Ablation Market vendors, Tumor Ablation Market players, Tumor Ablation Market top player, Tumor Ablation Market key player, Tumor Ablation Market prominent player, Tumor Ablation Market major manufacturers, Tumor Ablation Market report .

 

 

collect
0
avatar
Reports
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more