[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Tumor Ablation Market Size Study & Forecast, by Technology (Radiofrequency Ablation, Microwave Ablation, Cryoablation, Other Technologies), by Mode of Treatment (Percutaneous Ablation, Laparoscopic Ablation, Surgical Ablation), by Application (Liver Cancer, Lung Cancer, Kidney Cancer, Bone Metastasis, Others), and Regional Analysis, 2023-2030

March 2024 | 200 pages | ID: G98006A005D0EN
Bizwit Research & Consulting LLP

US$ 4,950.00

E-mail Delivery (PDF), Hard Copy Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Global Tumor Ablation Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% during the forecast period 2023-2030. Tumor ablation is a medical procedure designed to eliminate abnormal tissue, particularly cancerous tumors, within the body. Techniques such as radiofrequency ablation, microwave ablation, cryoablation, and other focused ultrasound are employed to destroy cancer cells. The procedure is guided by imaging methods such as ultrasound or CT scans, which precisely target the tumor while minimizing damage to surrounding healthy tissue. Tumor ablation offers an alternative to traditional surgery for certain patients. The escalating geriatric population, surge in the population base for cancer patients, and growing healthcare expenditure, coupled with the increasing number of hospitals, surgical, and ablation centers are the key factors that are fueling the demand for tumor ablation across the globe. The global prevalence of cancer continues to impact numerous individuals worldwide. For instance, in Australia, Cancer Australia Statistics 2022 reported 162,163 new cases of cancer in 2022, with 88,982 males and 73,181 females affected. Similarly, McMillan Cancer Support's October 2022 update revealed that 3 million individuals were living with cancer in the UK, projected to rise to 3.5 million by 2025, 4 million by 2030, and 5.3 million by 2040. This surge in cancer prevalence underscores the increasing demand for surgeries and effective ablation procedures, thereby propelling the market growth at a substantial rate.

In addition, the rising inclination towards minimally invasive surgeries is also exhibiting a positive influence on the growth of the Tumor Ablation Market. These procedures offer less trauma, faster recovery, and lower risks compared to traditional surgeries, attracting both patients and healthcare providers. As reported by Statista, the global minimally invasive surgery segment reached approximately USD 20.5 billion in 2019 and is anticipated to expand to about USD 44.04 billion by 2030. Tumor ablation is a promising alternative for addressing diverse solid tumors, leading to reduced healthcare expenditures and broader treatment possibilities due to technological progress and proven effectiveness. Consequently, these factors are driving the growth of the Tumor Ablation Market. during the estimated period of 2023-2030. Moreover, the growing awareness about ablation procedures over conventional therapeutic and surgical procedures, as well as increasing technological advancements in ablation devices present various lucrative opportunities over the forecast years. However, the stringent regulations & approvals, along with the availability of alternative treatment options are hampering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Tumor Ablation Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising governmental support for high-quality healthcare, rising purchasing power parity, accessible reimbursements, and an increasing incidence of cancer. For instance, in the United States, the Patient Protection and Affordable Care Act (PPACA) advocates for enhanced healthcare quality and affordability through health coverage policies, aiming to reduce healthcare costs for both individuals and the government. Furthermore, initiatives such as the precision medicine initiative contribute to the development of personalized strategies based on the distinctive characteristics of diseases. Consequently, these governmental efforts are expected to enhance the overall healthcare system, fostering market growth. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. The surge in the number of patients and the rise in the prevalence of leading healthcare institutions in emerging economies such as India and China present opportunities for market growth. Furthermore, the region is witnessing improvements in healthcare accessibility with favorable government initiatives. For instance, the Indian government provides financial assistance to underprivileged cancer patients through the Health Minister Cancer Patient Fund (HMCPF) scheme. This initiative is anticipated to drive the demand for tumor ablation devices, thereby nurturing the growth of the region.

Major market players included in this report are:

Angiodynamics, Inc. (U.S.)

Boston Scientific Corporation (U.S.)

Galil Medical, Inc. (U.S.)

EDAP TMS S.A. (France)

Healthtronics, Inc. (U.S.)

Medtronic, Plc (U.S.)

Mermaid Medical, Inc. (Denmark)

Mesonix, Inc. (U.S.)

Neuwave Medical, Inc. (U.S.)

Sonacare Medical, LLC (U.S.)

Recent Developments in the Market:
  • In April 2023, Johnson & Johnson Service Inc. unveiled the first patient in North America who had been treated as part of its clinical Investigational Device Exemption (IDE) trial. The trial aims to assess the safety and effectiveness of transbronchial microwave ablation utilizing the NEUWAVE FLEX microwave ablation system, guided by the MONARCH platform.
  • In April 2023, Compal Electronics, a Taiwanese electronics firm, launched an innovative radiofrequency ablation (RFA) system specifically engineered for percutaneous and intraoperative coagulation and ablation of soft tissue. This system empowers the partial or complete ablation of non-resectable liver lesions. Furthermore, Compal Electronics revealed a bilevel ventilator custom-built for the management of chronic obstructive pulmonary disease (COPD) and respiratory insufficiency stemming from central and/or mixed apneas.
Global Tumor Ablation Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered - Technology, Mode of Treatment, Application, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Radiofrequency (RF) Ablation

Microwave Ablation

Cryoablation

Other Technologies

By Mode of Treatment:

Percutaneous Ablation

Laparoscopic Ablation

Surgical Ablation

By Application:

Liver Cancer

Lung Cancer

Kidney Cancer

Bone Metastasis

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Tumor Ablation Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Tumor Ablation Market, by Technology, 2020-2030 (USD Billion)
  1.2.3. Tumor Ablation Market, by Mode of Treatment, 2020-2030 (USD Billion)
  1.2.4. Tumor Ablation Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL TUMOR ABLATION MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL TUMOR ABLATION MARKET DYNAMICS

3.1. Tumor Ablation Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing prevalence of cancer
    3.1.1.2. Rising inclination towards minimally invasive surgeries
  3.1.2. Market Challenges
    3.1.2.1. Stringent regulations & approvals
    3.1.2.2. Availability of alternative treatment options
  3.1.3. Market Opportunities
    3.1.3.1. Growing awareness about ablation procedures over conventional therapeutic and surgical procedures
    3.1.3.2. Increasing technological advancements in ablation devices

CHAPTER 4. GLOBAL TUMOR ABLATION MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL TUMOR ABLATION MARKET, BY TECHNOLOGY

5.1. Market Snapshot
5.2. Global Tumor Ablation Market by Technology, Performance - Potential Analysis
5.3. Global Tumor Ablation Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
5.4. Tumor Ablation Market, Sub Segment Analysis
  5.4.1. Radiofrequency (RF) Ablation
  5.4.2. Microwave Ablation
  5.4.3. Cryoablation
  5.4.4. Other Technologies

CHAPTER 6. GLOBAL TUMOR ABLATION MARKET, BY MODE OF TREATMENT

6.1. Market Snapshot
6.2. Global Tumor Ablation Market by Mode of Treatment, Performance - Potential Analysis
6.3. Global Tumor Ablation Market Estimates & Forecasts by Mode of Treatment 2020-2030 (USD Billion)
6.4. Tumor Ablation Market, Sub Segment Analysis
  6.4.1. Percutaneous Ablation
  6.4.2. Laparoscopic Ablation
  6.4.3. Surgical Ablation

CHAPTER 7. GLOBAL TUMOR ABLATION MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Tumor Ablation Market by Application, Performance - Potential Analysis
7.3. Global Tumor Ablation Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Tumor Ablation Market, Sub Segment Analysis
  7.4.1. Liver Cancer
  7.4.2. Lung Cancer
  7.4.3. Kidney Cancer
  7.4.4. Bone Metastasis
  7.4.5. Others

CHAPTER 8. GLOBAL TUMOR ABLATION MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Tumor Ablation Market, Regional Market Snapshot
8.4. North America Tumor Ablation Market
  8.4.1. U.S. Tumor Ablation Market
    8.4.1.1. Technology breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Mode of Treatment breakdown estimates & forecasts, 2020-2030
    8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Tumor Ablation Market
8.5. Europe Tumor Ablation Market Snapshot
  8.5.1. U.K. Tumor Ablation Market
  8.5.2. Germany Tumor Ablation Market
  8.5.3. France Tumor Ablation Market
  8.5.4. Spain Tumor Ablation Market
  8.5.5. Italy Tumor Ablation Market
  8.5.6. Rest of Europe Tumor Ablation Market
8.6. Asia-Pacific Tumor Ablation Market Snapshot
  8.6.1. China Tumor Ablation Market
  8.6.2. India Tumor Ablation Market
  8.6.3. Japan Tumor Ablation Market
  8.6.4. Australia Tumor Ablation Market
  8.6.5. South Korea Tumor Ablation Market
  8.6.6. Rest of Asia Pacific Tumor Ablation Market
8.7. Latin America Tumor Ablation Market Snapshot
  8.7.1. Brazil Tumor Ablation Market
  8.7.2. Mexico Tumor Ablation Market
8.8. Middle East & Africa Tumor Ablation Market
  8.8.1. Saudi Arabia Tumor Ablation Market
  8.8.2. South Africa Tumor Ablation Market
  8.8.3. Rest of Middle East & Africa Tumor Ablation Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Angiodynamics, Inc. (U.S.)
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. Boston Scientific Corporation (U.S.)
  9.3.3. Galil Medical, Inc. (U.S.)
  9.3.4. EDAP TMS S.A. (France)
  9.3.5. Healthtronics, Inc. (U.S.)
  9.3.6. Medtronic, Plc (U.S.)
  9.3.7. Mermaid Medical, Inc. (Denmark)
  9.3.8. Mesonix, Inc. (U.S.)
  9.3.9. Neuwave Medical, Inc. (U.S.)
  9.3.10. Sonacare Medical, LLC (U.S.)

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Tumor Ablation Market, report scope
TABLE 2. Global Tumor Ablation Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Tumor Ablation Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 4. Global Tumor Ablation Market estimates & forecasts by Mode of Treatment 2020-2030 (USD Billion)
TABLE 5. Global Tumor Ablation Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Tumor Ablation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Tumor Ablation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Tumor Ablation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Tumor Ablation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Tumor Ablation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Tumor Ablation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Tumor Ablation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Tumor Ablation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Tumor Ablation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Tumor Ablation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Tumor Ablation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Tumor Ablation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Tumor Ablation Market
TABLE 71. List of primary sources, used in the study of global Tumor Ablation Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Tumor Ablation Market, research methodology
FIG 2. Global Tumor Ablation Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Tumor Ablation Market, key trends 2022
FIG 5. Global Tumor Ablation Market, growth prospects 2023-2030
FIG 6. Global Tumor Ablation Market, porters 5 force model
FIG 7. Global Tumor Ablation Market, pest analysis
FIG 8. Global Tumor Ablation Market, value chain analysis
FIG 9. Global Tumor Ablation Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Tumor Ablation Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Tumor Ablation Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Tumor Ablation Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Tumor Ablation Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Tumor Ablation Market, regional snapshot 2020 & 2030
FIG 15. North America Tumor Ablation Market 2020 & 2030 (USD Billion)
FIG 16. Europe Tumor Ablation Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Tumor Ablation Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Tumor Ablation Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Tumor Ablation Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


More Publications