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Tumour ablation market projected to reach $3.5 billion by 2024

The Global Tumour Ablation Market accounted for USD 1.8 billion in 2016, expected to reach USD 3.5 billion by 2024, growing at a CAGR of 8.2% in the forecast period 2017 to 2024.

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Global Tumour Ablation Market, By Type (Tumour Ablation Systems (Radio Frequency Ablation, Microwave Ablation, HIFU, Laser Ablation, Cryoablation), Image Guidance Products, Accessories), By Cancer Type (Liver, Lings, Kidney, Brain, Bone, Pancreas, Breast, Others), By End-User (Hospitals, Oncology Clinics, Others), By Geography (North America, South America, Europe, Asia-Pacific, Rest of the World) – Trends and Forecast to 2024

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The global tumour ablation market is expected to grow, owing to factors such as rising cancer incidence, increased focus on treatment of breast cancer, better reimbursement scenarios, shift towards value based reimbursements and continuous development in ablation technology. The ablation technology has an upper edge on chemotherapy and other oncology therapeutics.

Global Tumour Ablation Market Segmentation:

The global tumour ablation market is segmented based on product types, cancer types, end-user and geography.

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The global tumour ablation market  is segmented into 3 type’s ablation systems, image guidance products and accessories. The ablation systems dominates the market and is further segmented based on product type into microwave ablation (coretherm thermotherapy devices and prolieve thermotherapy devices), radiofrequency ablation (RFA) ((temperature controlled devices, fluid cooled, catheter manipulation systems), high intensity focused ultrasound (HIFU), laser ablation and cryoablation.

All ablation techniques are percutaneous except HIFU which is administered transcutaneously.

On the basis of cancer types treated using ablation devices the market is segmented into liver, lings, kidney, brain, bone, pancreas, breast and, other cancer types.

Based on end-user the global tumour ablation market is segmented into hospitals, oncology clinics and others.

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Based on geography the Global Tumour Ablation Market is segmented into:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Rest of the World

The tumour ablation market’s 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.

Some of the major companies operating in this market are:

  • Galil Medical, Inc.
  • Perseon Corporation
  • NeuWave Medical, Inc.
  • Koninklijke Philips N.V.
  • INTIO Inc.
  • Mermaid Medical A/S
  • SonaCare Medical
  • LLC
  • DFINE, Inc.
  • Misonix, Inc.
  • BVM Medical Limited
  • AngioDynamics, Inc.
  • COMSOL Inc.
  • Boston Scientific Corporation
  • EDAP TMS S.A.
  • HealthTronics, Inc.

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Table of Content:

  1. INTRODUCTION
  2. RESEARCH METHODOLOGY
  3. MARKET LANDSCAPE SUMMARY
  4. MARKET OVERVIEW
  5. TUMOUR ABLATION MARKET, BY TYPE
  6. TUMOUR ABLATION MARKET, BY CANCER TYPE
  7. TUMOR ABLATION MARKET, BY END-USER
  8. TUMOUR ABLATION MARKET, BY GEOGRAPHY
  9. TUMOUR ABLATION MARKET: COMPETITIVE LANDSCAPE

       9.1. GLOBAL TUMOUR ABLATION MARKET: COMPANY SHARE ANALYSIS

       9.2. NORTH AMERICA TUMOUR ABLATION MARKET: COMPANY SHARE ANALYSIS

       9.3. EUROPE TUMOUR ABLATION MARKET: COMPANY SHARE ANALYSIS

       9.4. APAC TUMOUR ABLATION MARKET: COMPANY SHARE ANALYSIS

       9.5. MERGERS & ACQUISITIONS

       9.6. NEW PRODUCT DEVELOPMENT & APPROVALS

       9.7. EXPANSIONS

       9.8. REGULATORY CHANGES

       9.9. PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS

  1. TUMOUR ABLATION MARKET, COMPANY PROFILES

       10.1. MEDTRONIC

       10.2. GALIL MEDICAL, INC.

       10.3  PERSEON CORPORATION

       10.4  NEUWAVE MEDICAL, INC.

       10.5. KONINKLIJKE PHILIPS N.V.

       10.6. INTIO INC.

       10.7. MERMAID MEDICAL A/S

       10.8. SONACARE MEDICAL, LLC

       10.9. DFINE, INC.

       10.10. MISONIX, INC.

       10.11. BVM MEDICAL LIMITED

       10.12. ANGIODYNAMICS, INC.

       10.13. COMSOL INC.

       10.14. BOSTON SCIENTIFIC CORPORATION

       10.15. EDAP TMS S.A.

       10.16. HEALTHTRONICS, INC.

 

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