Tumor ablation is a minimally invasive surgical procedure used to treat solid cancers such as liver cancer, lung cancer, kidney cancer and others. Global tumor ablation market was valued at $0.36 billion in 2017 and is expected to reach $0.93 billion by 2025 with a CAGR of 12.50% during the forecast period 2019-2025. The factors like technological advancements in ablation devices and sprouting number of hospitals, surgical, ablation centers and growing demand for minimally invasive surgeries are driving the market growth. The factors like complications associated with tumor ablation therapy and cost containment measures taken by various governments are declining the market growth. Growing awareness about ablation procedures over conventional therapeutic and surgical procedures is the factor creating an opportunity for market growth.
Research Study Objectives:
- Define, estimate, and forecast the Tumor Ablation market statistics by mode of treatment, technology, application and regions concerning the individual growth drivers, market trends and their contribution toward the Tumor Ablation market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Tumor Ablation Market Analysis report.
- Analysis and conclusions on the future Tumor Ablation market outlook.
Top-down and bottom-up approaches are used to validate the Tumor Ablation Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek,
Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Tumor Ablation Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Tumor Ablation market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Tumor Ablation market segmentation is as follows:
By Mode of Treatment
- Laparoscopic Ablation
- Percutaneous Ablation
- Surgical Ablation
By Technology
- Microwave Ablation
- Cryoablation
- Radiofrequency Ablation
- Others
By Application
- Kidney Cancer
- Bone Metastasis
- Liver Cancer
- Lung Cancer
- Others
Geographical Analysis:
Tumor Ablation Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle
East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Tumor Ablation Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Tumor Ablation Market Research Report Includes:
- An executive summarycondensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Tumor Ablation market players, such as
- Boston Scientific Corporation
- NeuWave Medical, Inc.
- EDAP TMS S.A.
- Mermaid Medical A/S
- Sonacare Medical, LLC
- Along with these companies, many other companies are considered in the report while analysing the Global Tumor Ablation Market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
