Data Bridge Market Research has recently added a concise research on Global Tumor Ablation Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are Erbe Elektromedizin GmbH, Smith & Nephew, CONMED Corporation, MERMAID MEDICAL A/S, Integra LifeSciences Corporation, BTG International Ltd, Abbott, BVM Medical Ltd. Limited, COMSOL INC., Cortex Technology, CooperSurgical, Inc., AtriCure, Inc.
Analysis of Global Tumor Ablation Market report:
Global tumor ablation market is registering a healthy CAGR of 13.80% in the forecast period of 2019-2026. This rise in the market value can be attributed to the surging usage of minimally invasive procedures due to various benefits, including less trauma, speedy recovery, and minimal complications.
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Tumor ablation is the technology utilized to eliminate the tumor with the help of needle, placing in the tumor organ using imaging technology. The therapy can be performed using various techniques such as microwave ablation, radiofrequency ablation, cryoablation, and other techniques. Various cancers including liver tumor, lung cancer, renal tumor, prostate cancer, and other tumors can be handled with this technology.
- The increasing incidence of cancer, is helping the market to grow
- Rising aging population, is the major growth factors for this market
- Technological advancements in ablation devices, are expected to grow this market
- Various initiatives taken by the government organizations, are fueling the market growth
- Strict regulations from the government side, hinders the growth of the market
- Delay in approval for the launch of the product, restraining the growth of the market
- Cost containment measures by governments, is effecting the growth of the market
Top Manufacturers Profiles Operating in the Global Tumor Ablation Market:
Few of the major market competitors currently working in the global tumor ablation market are AngioDynamics, Boston Scientific Corporation, EDAP TMS, HealthTronics, Inc., Medtronic, Misonix, Medical Devices Business Services, Inc., Sonacare Medical, Biotronik, Inc., Erbe Elektromedizin GmbH, Smith & Nephew, CONMED Corporation, MERMAID MEDICAL A/S, Integra LifeSciences Corporation, BTG International Ltd, Abbott, BVM Medical Ltd. Limited, COMSOL INC., Cortex Technology, CooperSurgical, Inc., AtriCure, Inc.
Global Tumor Ablation Market Segmentation:
- Tumor Ablation Systems
o Radiofrequency Ablation System (RFA)
o Microwave Ablation System
o High Intensity Focused Ultrasound
o Laser Ablation System
- Image Guidance Products
By Cancer Type
- Liver Cancer
- Brain Cancer
- Lung Cancer
- Bone Cancer
- Kidney Cancer
- Pancreatic Cancer
- Breast Cancer
- Radiofrequency (RF) Ablation
- Microwave Ablation
- Other Technologies
By Mode of Treatment
- Surgical Ablation
- Laparoscopic Ablation
- Percutaneous Ablation
By End User
- Oncology Clinics
- North America
- South America
- Asia Pacific
- Middle-east and africa
Global tumor ablation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global tumor ablation market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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