Business Opportunities and Investment Strategies for Global Tumor Ablation Market 2023-2033

July 2024 | 187 pages | ID: BFD43FA402A3EN
GMD Research

Abstracts

Opportunity and Strategy Analysis

This report focuses on identifying opportunities and strategies for investing in the global tumor ablation market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.

Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the tumor ablation industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global tumor ablation industry.

Market Coverage & Overview

The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global tumor ablation market is expected to reach $4.79 billion by 2033, growing by 12.4% annually over the coming years.

Segmentation Analysis

Highlighted with 88 tables and 98 figures, this 187-page report represents a 360-degree view on the global market with extensively detailed segmentations Technology, Component, Treatment, Application, End User, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.

By Technology

• Radiofrequency Ablation
• Microwave Ablation
• Irreversible Electroporation Ablation
• Cryoablation
• High-Intensity Focused Ultrasound
• Other Technologies

By Component

• Generators
• Probes/Electrodes

By Treatment

• Surgical Ablation
• Percutaneous Ablation
• Laparoscopic Ablation

By Application

• Lung Cancer
• Kidney Cancer
• Liver Cancer
• Breast Cancer
• Bone Cancer
• Prostate Cancer
• Other Applications

By End User

• Hospital and Clinics
• Specialty Centers
• Other End Users

By Region

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Colombia, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)

The breakdown of all regional markets by country and the breakdown of each national market by Technology, Treatment, and Application over the forecast years are also included.

Key Companies

The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:

• AngioDynamics Inc.
• Biotronik
• Bioventus Inc. (Misonix Inc.)
• Boston Scientific Corporation
• Chongqing Haifu Medical Technology Co., Ltd.
• CONMED Corporation
• EDAP TMS
• Ethicon, Inc. (Johnson & Johnson)
• HealthTronics, Inc.
• HistoSonics, Inc.
• IceCure Medical Ltd.
• Integra Life Science Holding Corporation
• Medtronic plc
• Mermaid Medical Group
• Olympus Corporation
• Smith & Nephew PLC
• Sonacare Medical

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
  2.1.3 Impact of Russia-Ukraine Conflict
  2.1.4 Impact of Israel-Palestine War
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF GLOBAL MARKET BY TECHNOLOGY

3.1 Market Overview by Technology
3.2 Radiofrequency Ablation
3.3 Microwave Ablation
3.4 Irreversible Electroporation Ablation
3.5 Cryoablation
3.6 High-Intensity Focused Ultrasound
3.7 Other Technologies

4 SEGMENTATION OF GLOBAL MARKET BY COMPONENT

4.1 Market Overview by Component
4.2 Generators
4.3 Probes/Electrodes

5 SEGMENTATION OF GLOBAL MARKET BY TREATMENT

5.1 Market Overview by Treatment
5.2 Surgical Ablation
5.3 Percutaneous Ablation
5.4 Laparoscopic Ablation

6 SEGMENTATION OF GLOBAL MARKET BY APPLICATION

6.1 Market Overview by Application
6.2 Lung Cancer
6.3 Kidney Cancer
6.4 Liver Cancer
6.5 Breast Cancer
6.6 Bone Cancer
6.7 Prostate Cancer
6.8 Other Applications

7 SEGMENTATION OF GLOBAL MARKET BY END USER

7.1 Market Overview by End User
7.2 Hospital and Clinics
7.3 Specialty Centers
7.4 Other End Users

8 SEGMENTATION OF GLOBAL MARKET BY REGION

8.1 Geographic Market Overview 2023-2033
8.2 North America Market 2023-2033 by Country
  8.2.1 Overview of North America Market
  8.2.2 U.S.
  8.2.3 Canada
  8.2.4 Mexico
8.3 European Market 2023-2033 by Country
  8.3.1 Overview of European Market
  8.3.2 Germany
  8.3.3 U.K.
  8.3.4 France
  8.3.5 Spain
  8.3.6 Italy
  8.3.7 Russia
  8.3.8 Rest of European Market
8.4 Asia-Pacific Market 2023-2033 by Country
  8.4.1 Overview of Asia-Pacific Market
  8.4.2 Japan
  8.4.3 China
  8.4.4 Australia
  8.4.5 India
  8.4.6 South Korea
  8.4.7 Rest of APAC Region
8.5 South America Market 2023-2033 by Country
  8.5.1 Argentina
  8.5.2 Brazil
  8.5.3 Colombia
  8.5.4 Rest of South America Market
8.6 MEA Market 2023-2033 by Country
  8.6.1 UAE
  8.6.2 Saudi Arabia
  8.6.3 South Africa
  8.6.4 Other National Markets

9 COMPETITIVE LANDSCAPE

9.1 Overview of Key Vendors
9.2 New Product Launch, Partnership, Investment, and M&A
9.3 Company Profiles
AngioDynamics Inc.
Biotronik
Bioventus Inc. (Misonix Inc.)
Boston Scientific Corporation
Chongqing Haifu Medical Technology Co., Ltd.
CONMED Corporation
EDAP TMS
Ethicon, Inc. (Johnson & Johnson)
HealthTronics, Inc.
HistoSonics, Inc.
IceCure Medical Ltd.
Integra Life Science Holding Corporation
Medtronic plc
Mermaid Medical Group
Olympus Corporation
Smith & Nephew PLC
Sonacare Medical

10 INVESTING IN TUMOR ABLATION INDUSTRY: RISK ASSESSMENT AND MANAGEMENT

10.1 Risk Evaluation of Global Market
10.2 Critical Success Factors (CSFs)
RELATED REPORTS

List Of Tables

LIST OF TABLES

Table 1. Snapshot of Global Tumor Ablation Market in Balanced Perspective, 2023-2033
Table 2. World Economic Outlook, 2024-2036
Table 3. World Economic Outlook, 2022-2024
Table 4. Scenarios for Economic Impact of Ukraine Crisis
Table 5. Scenarios for Economic Impact of Israel-Palestine War
Table 6. World Health Spending by Region, $ bn, 2013-2020
Table 7. Main Product Trends and Market Opportunities in Global Tumor Ablation Market
Table 8. Global Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 9. Global Tumor Ablation Market by Component, 2023-2033, $ mn
Table 10. Global Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 11. Global Tumor Ablation Market by Application, 2023-2033, $ mn
Table 12. Global Tumor Ablation Market by End User, 2023-2033, $ mn
Table 13. Global Tumor Ablation Market by Region, 2023-2033, $ mn
Table 14. Leading National Tumor Ablation Market, 2023 and 2033, $ mn
Table 15. North America Tumor Ablation Market by Country, 2023-2033, $ mn
Table 16. U.S. Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 17. U.S. Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 18. U.S. Tumor Ablation Market by Application, 2023-2033, $ mn
Table 19. Canada Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 20. Canada Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 21. Canada Tumor Ablation Market by Application, 2023-2033, $ mn
Table 22. Mexico Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 23. Mexico Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 24. Mexico Tumor Ablation Market by Application, 2023-2033, $ mn
Table 25. Europe Tumor Ablation Market by Country, 2023-2033, $ mn
Table 26. Germany Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 27. Germany Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 28. Germany Tumor Ablation Market by Application, 2023-2033, $ mn
Table 29. U.K. Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 30. U.K. Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 31. U.K. Tumor Ablation Market by Application, 2023-2033, $ mn
Table 32. France Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 33. France Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 34. France Tumor Ablation Market by Application, 2023-2033, $ mn
Table 35. Spain Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 36. Spain Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 37. Spain Tumor Ablation Market by Application, 2023-2033, $ mn
Table 38. Italy Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 39. Italy Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 40. Italy Tumor Ablation Market by Application, 2023-2033, $ mn
Table 41. Russia Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 42. Russia Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 43. Russia Tumor Ablation Market by Application, 2023-2033, $ mn
Table 44. Tumor Ablation Market in Rest of Europe by Country, 2023-2033, $ mn
Table 45. APAC Tumor Ablation Market by Country, 2023-2033, $ mn
Table 46. Japan Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 47. Japan Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 48. Japan Tumor Ablation Market by Application, 2023-2033, $ mn
Table 49. China Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 50. China Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 51. China Tumor Ablation Market by Application, 2023-2033, $ mn
Table 52. Australia Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 53. Australia Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 54. Australia Tumor Ablation Market by Application, 2023-2033, $ mn
Table 55. India Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 56. India Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 57. India Tumor Ablation Market by Application, 2023-2033, $ mn
Table 58. South Korea Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 59. South Korea Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 60. South Korea Tumor Ablation Market by Application, 2023-2033, $ mn
Table 61. Tumor Ablation Market in Rest of APAC by Country/Region, 2023-2033, $ mn
Table 62. South America Tumor Ablation Market by Country, 2023-2033, $ mn
Table 63. Argentina Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 64. Argentina Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 65. Argentina Tumor Ablation Market by Application, 2023-2033, $ mn
Table 66. Brazil Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 67. Brazil Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 68. Brazil Tumor Ablation Market by Application, 2023-2033, $ mn
Table 69. Colombia Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 70. Colombia Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 71. Colombia Tumor Ablation Market by Application, 2023-2033, $ mn
Table 72. MEA Tumor Ablation Market by Country, 2023-2033, $ mn
Table 73. UAE Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 74. UAE Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 75. UAE Tumor Ablation Market by Application, 2023-2033, $ mn
Table 76. Saudi Arabia Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 77. Saudi Arabia Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 78. Saudi Arabia Tumor Ablation Market by Application, 2023-2033, $ mn
Table 79. South Africa Tumor Ablation Market by Technology, 2023-2033, $ mn
Table 80. South Africa Tumor Ablation Market by Treatment, 2023-2033, $ mn
Table 81. South Africa Tumor Ablation Market by Application, 2023-2033, $ mn
Table 82. AngioDynamics Inc.: Company Snapshot
Table 83. AngioDynamics Inc.: Business Segmentation
Table 84. AngioDynamics Inc.: Product Portfolio
Table 85. List of Risk Factors and Weight Percentages/Theoretical Maximum
Table 86. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL)
Table 87. Risk Evaluation for Investing in Global Market, 2023-2033
Table 88. Critical Success Factors and Key Takeaways

List Of Figures

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033
Figure 4. Global Tumor Ablation Market, 2023-2033, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Global Tumor Ablation Market
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060
Figure 9. Primary Restraints and Impact Factors of Global Tumor Ablation Market
Figure 10. Porter’s Fiver Forces Analysis of Global Tumor Ablation Market
Figure 11. Growth Opportunity Analysis by Technology
Figure 12. Breakdown of Global Tumor Ablation Market by Technology, 2023-2033, % of Revenue
Figure 13. Global Addressable Market Cap in 2024-2033 by Technology, Value ($ mn) and Share (%)
Figure 14. Global Tumor Ablation Market by Technology: Radiofrequency Ablation, 2023-2033, $ mn
Figure 15. Global Tumor Ablation Market by Technology: Microwave Ablation, 2023-2033, $ mn
Figure 16. Global Tumor Ablation Market by Technology: Irreversible Electroporation Ablation, 2023-2033, $ mn
Figure 17. Global Tumor Ablation Market by Technology: Cryoablation, 2023-2033, $ mn
Figure 18. Global Tumor Ablation Market by Technology: High-Intensity Focused Ultrasound, 2023-2033, $ mn
Figure 19. Global Tumor Ablation Market by Technology: Other Technologies, 2023-2033, $ mn
Figure 20. Growth Opportunity Analysis by Component
Figure 21. Breakdown of Global Tumor Ablation Market by Component, 2023-2033, % of Sales Revenue
Figure 22. Global Addressable Market Cap in 2024-2033 by Component, Value ($ mn) and Share (%)
Figure 23. Global Tumor Ablation Market by Component: Generators, 2023-2033, $ mn
Figure 24. Global Tumor Ablation Market by Component: Probes/Electrodes, 2023-2033, $ mn
Figure 25. Growth Opportunity Analysis by Treatment
Figure 26. Breakdown of Global Tumor Ablation Market by Treatment, 2023-2033, % of Sales Revenue
Figure 27. Global Addressable Market Cap in 2024-2033 by Treatment, Value ($ mn) and Share (%)
Figure 28. Global Tumor Ablation Market by Treatment: Surgical Ablation, 2023-2033, $ mn
Figure 29. Global Tumor Ablation Market by Treatment: Percutaneous Ablation, 2023-2033, $ mn
Figure 30. Global Tumor Ablation Market by Treatment: Laparoscopic Ablation, 2023-2033, $ mn
Figure 31. Growth Opportunity Analysis by Application
Figure 32. Breakdown of Global Tumor Ablation Market by Application, 2023-2033, % of Revenue
Figure 33. Global Addressable Market Cap in 2024-2033 by Application, Value ($ mn) and Share (%)
Figure 34. Global Tumor Ablation Market by Application: Lung Cancer, 2023-2033, $ mn
Figure 35. Global Tumor Ablation Market by Application: Kidney Cancer, 2023-2033, $ mn
Figure 36. Global Tumor Ablation Market by Application: Liver Cancer, 2023-2033, $ mn
Figure 37. Global Tumor Ablation Market by Application: Breast Cancer, 2023-2033, $ mn
Figure 38. Global Tumor Ablation Market by Application: Bone Cancer, 2023-2033, $ mn
Figure 39. Global Tumor Ablation Market by Application: Prostate Cancer, 2023-2033, $ mn
Figure 40. Global Tumor Ablation Market by Application: Other Applications, 2023-2033, $ mn
Figure 41. Growth Opportunity Analysis by End User
Figure 42. Breakdown of Global Tumor Ablation Market by End User, 2023-2033, % of Revenue
Figure 43. Global Addressable Market Cap in 2024-2033 by End User, Value ($ mn) and Share (%)
Figure 44. Global Tumor Ablation Market by End User: Hospital and Clinics, 2023-2033, $ mn
Figure 45. Global Tumor Ablation Market by End User: Specialty Centers, 2023-2033, $ mn
Figure 46. Global Tumor Ablation Market by End User: Other End Users, 2023-2033, $ mn
Figure 47. Global Market Snapshot by Region
Figure 48. Growth Opportunity Analysis of Global Market by Region
Figure 49. Geographic Spread of Worldwide Tumor Ablation Market, 2023-2033, % of Sales Revenue
Figure 50. Global Addressable Market Cap in 2024-2033 by Region, Value ($ mn) and Share (%)
Figure 51. North American Tumor Ablation Market, 2023-2033, $ mn
Figure 52. Growth Opportunity Analysis of North America Market by Country
Figure 53. Breakdown of North America Tumor Ablation Market by Country, 2023 and 2033, % of Revenue
Figure 54. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 55. U.S. Tumor Ablation Market, 2023-2033, $ mn
Figure 56. Canada Tumor Ablation Market, 2023-2033, $ mn
Figure 57. Tumor Ablation Market in Mexico, 2023-2033, $ mn
Figure 58. European Tumor Ablation Market, 2023-2033, $ mn
Figure 59. Growth Opportunity Analysis of Europe Market by Country
Figure 60. Breakdown of European Tumor Ablation Market by Country, 2023 and 2033, % of Revenue
Figure 61. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 62. Tumor Ablation Market in Germany, 2023-2033, $ mn
Figure 63. Tumor Ablation Market in U.K., 2023-2033, $ mn
Figure 64. Tumor Ablation Market in France, 2023-2033, $ mn
Figure 65. Tumor Ablation Market in Spain, 2023-2033, $ mn
Figure 66. Tumor Ablation Market in Italy, 2023-2033, $ mn
Figure 67. Tumor Ablation Market in Russia, 2023-2033, $ mn
Figure 68. Tumor Ablation Market in Rest of Europe, 2023-2033, $ mn
Figure 69. Asia-Pacific Tumor Ablation Market, 2023-2033, $ mn
Figure 70. Growth Opportunity Analysis of Asia-Pacific Market by Country
Figure 71. Breakdown of APAC Tumor Ablation Market by Country, 2023 and 2033, % of Revenue
Figure 72. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 73. Tumor Ablation Market in Japan, 2023-2033, $ mn
Figure 74. Tumor Ablation Market in China, 2023-2033, $ mn
Figure 75. Tumor Ablation Market in Australia, 2023-2033, $ mn
Figure 76. Tumor Ablation Market in India, 2023-2033, $ mn
Figure 77. Tumor Ablation Market in South Korea, 2023-2033, $ mn
Figure 78. Tumor Ablation Market in Rest of APAC, 2023-2033, $ mn
Figure 79. South America Tumor Ablation Market, 2023-2033, $ mn
Figure 80. Growth Opportunity Analysis of South America Market by Country
Figure 81. Breakdown of South America Tumor Ablation Market by Country, 2023 and 2033, % of Revenue
Figure 82. Contribution to South America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 83. Tumor Ablation Market in Argentina, 2023-2033, $ mn
Figure 84. Tumor Ablation Market in Brazil, 2023-2033, $ mn
Figure 85. Tumor Ablation Market in Colombia, 2023-2033, $ mn
Figure 86. Tumor Ablation Market in Rest of South America, 2023-2033, $ mn
Figure 87. Tumor Ablation Market in Middle East and Africa (MEA), 2023-2033, $ mn
Figure 88. Growth Opportunity Analysis of MEA Market by Country
Figure 89. Breakdown of MEA Tumor Ablation Market by Country, 2023 and 2033, % of Revenue
Figure 90. Contribution to MEA 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 91. Tumor Ablation Market in UAE, 2023-2033, $ mn
Figure 92. Tumor Ablation Market in Saudi Arabia, 2023-2033, $ mn
Figure 93. Tumor Ablation Market in South Africa, 2023-2033, $ mn
Figure 94. Tumor Ablation Market in the Rest of MEA, 2023-2033, $ mn
Figure 95. Growth Stage of Global Tumor Ablation Industry over the Forecast Period
Figure 96. Comparison of Risk Factors by GMD RIN in 2023
Figure 97. GMD Relative RIN of Internal Risk Factors in 2023 on Radar Chart
Figure 98. GMD Relative RIN of External Risk Factors in 2023 on Radar Chart