Pune, April 19, 2022 (GLOBE NEWSWIRE) -- Tumor ablation is referred to as a minimally invasive technique that is commonly used in the treatment of tumors of the liver, kidney, bone, and lung among others. It can be used as a first-line treatment or in cases of failed chemotherapy or radiotherapy or for any non-surgical candidates. Ablation systems in general comprise of a generator and a needlelike device that delivers the energy directly to the targeted tissue to cause acute cellular necrosis.
The global Tumor Ablation Market is estimated to be valued over USD 3.28 Bn by 2030, It is anticipated to reach a CAGR over 14.1% during the forecast period from 2022 to 2030.
Tumor Ablation Market by Region
The global tumor ablation market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of tumor ablation, followed by Europe and Asia Pacific. North America will continue to dominate the global tumor ablation market in the forecast period owing to factors such advanced healthcare infrastructure, the rising number of cancer patients specially lung and breast cancer cases, availability of wide range of treatment options, and technological advancements among others. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered in China, Japan and India. Factors such as increasing prevalence of various types of cancers, rising adoption of minimally invasive surgical procedures by patients for treatment, increasing research & development in healthcare sector and advancement in technologies of tumor ablation devices are the factors that play an important role in boosting the tumor ablation market in this region.
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COMPANY PROFILES (Business Overview, Products Offered, Financial Performance*, Recent Developments)
- Medtronic
- Integra LifeSciences Corporation
- AngioDynamics
- Boston Scientific Corporation
- NeuWave Medical, Inc. (Johnson & Johnson Services, Inc.)
- Galil Medical Inc. (BTG International Ltd)
- Misonix
- HealthTronics, Inc.
- Sonacare Medical
- MERMAID MEDICAL
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Table of Contents:
- INTRODUCTION
- Market Definition
- Market Ecosystem
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2017 & 2020 ; Base Year – 2021 ; Forecasted Years – 2022 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottoms Up Approach
- Top Down Approach
- Data Validation and Triangulation
- Market Forecasting Model
- Limitations/Assumptions of the Study
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Epidemiological Assessment
- Technological Advancements
- Application Horizon Assessment
- GLOBAL TUMOR ABLATION MARKET - ANALYSIS & FORECAST, BY TECHNOLOGY
- Radiofrequency Ablation
- Microwave Ablation
- Cryoablation
- High Intensity Focused Ultrasound (HIFU)
- Other Technologies
- GLOBAL TUMOR ABLATION MARKET - ANALYSIS & FORECAST, BY MODE OF TREATMENT
- Surgical Ablation
- Laparoscopic Ablation
- Percutaneous Ablation
Continued...
Vendor Assessment
Vendor assessment includes a deep analysis of how vendors are addressing the demand in the Tumor Ablation Market. The MDC CompetetiveScape model was used to assess qualitative and quantitative insights in this assessment. MDC's CompetitiveScape is a structured method for identifying key players and outlining their strengths, relevant characteristics, and outreach strategy. MDC's CompetitiveScape allows organizations to analyze the environmental factors that influence their business, set goals, and identify new marketing strategies. MDC Research analysts conduct a thorough investigation of vendors' solutions, services, programs, marketing, organization size, geographic focus, type of organization and strategies.
Technology Assessment
Technology dramatically impacts business productivity, growth and efficiency.Technologies can help companies develop competitive advantages, but choosing them can be one of the most demanding decisions for businesses. Technology assessment helps organizations to understand their current situation with respect to technology and offer a roadmap where they might want to go and scale their business. A well-defined process to assess and select technology solutions can help organizations reduce risk, achieve objectives, identify the problem, and solve it in the right way. Technology assessment can help businesses identify which technologies to invest in, meet industry standards, compete against competitors.
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Business Ecosystem Analysis
Advancements in technology and digitalization have changed the way companies do business; the concept of a business ecosystem helps businesses understand how to thrive in this changing environment. Business ecosystems provide organizations with opportunities to integrate technology in their daily business operations and improve research and business competency. The business ecosystem includes a network of interlinked companies that compete and cooperate to increase sales, improve profitability, and succeed in their markets. An ecosystem analysis is a business network analysis that includes the relationships amongst suppliers, distributors, and end-users in delivering a product or service.
Regions and Countries Covered
North America (US, Canada), Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia-Pacific), and Rest of the World (RoW)
Report Coverage
Tumor Ablation Market Dynamics, Covid-19 Impact on the Tumor Ablation Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Industry Outlook, Economic Analysis, Segmental Analysis, Tumor Ablation Market Sizing, Analysis Tables.
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Vendor Profiles Covered
All Major Tier-1, Tier-2, and Tier-3 companies are covered in this Tumor Ablation Market report (25 Vendor Profiles)
Key Questions Answered in This Report:
- What is the potential of the Tumor Ablation Market?
- What is the impact of COVID-19 on the global Tumor Ablation Market?
- What are the top strategies that companies adopting in Tumor Ablation Market?
- What are the challenges faced by SME’s and prominent vendors in Tumor Ablation Market?
- Which region has the highest investments in Tumor Ablation Market?
- What are the latest research and activities in Tumor Ablation Market?
- Who are the prominent players in Tumor Ablation Market?
- What is the potential of the Tumor Ablation Market?
Additional vendors profiles can be added based on client business requirements
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