New York, NY -- (SBWIRE) -- 03/03/2020 -- 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 tumor ablation market is witnessing growth due to factors such as growing geriatric population and increasing cancer population. Moreover, technological advancement in ablation devices will further fuel the growth of tumor ablation over the forecast period. However, high cost of tumor ablation treatment is likely to restrain the market to a certain extent.

Market Industry Reports (MIR) has published a new report titled "Tumor Ablation - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global tumor Ablation is estimated to be over US$ 545.3 Mn in 2018. It is anticipated to grow at 11.1% CAGR from 2019 to 2030.

Major Key Players of the Tumor Ablation Market are:
Medtronic, Integra LifeSciences Corporation, AngioDynamics, Boston Scientific Corporation, NeuWave Medical, (Johnson & Johnson Services), Galil Medical Inc. (BTG International Ltd), Misonix, HealthTronics, Inc., Sonacare Medical, MERMAID MEDICAL A/S among others.

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The significant growth of the market can be attributed to growing number of geriatric population followed by increasing number of cancer patients. Moreover, technological advancements in ablation devices in emerging countries, is anticipated to boost the growth of the tumor ablation market over the forecast period. However, high cost of tumor ablation treatment is likely to restrain the market to a certain extent.

According to World Health Organization, around 13% of the populace worldwide is aged 65 and above. The incidence of cancer is increasing with ageing. Around 60% of all cancer cases are diagnosed in patients aged 65 and above. Age related changes in the body are associated with an increased susceptibility to toxicity during chemotherapy and also, surgery is not offered to older patients mostly due to increased risk of surgical mortality. For the aged patients, who are not qualified for surgery and for whom chemotherapy is not a suitable option, there are technologies such as Radiofrequency Ablation (RFA), Microwave ablation (MWA) and Cryoablation to treat their cancer. This is expected to propel the growth of the tumor ablation market.

Major Technology of Tumor Ablation Market covered are:
Radiofrequency Ablation
Microwave Ablation
Cryoablation and High Intensity Focused Ultrasound (HIFU)

Major Applications of Tumor Ablation Market covered are:
Liver Cancer
Lung Cancer
Kidney Cancer
Bone Metastasis
Breast Cancer and Prostate Cancer

Research objectives:-

– To study and analyze the global Tumor Ablation consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Tumor Ablation market by identifying its various sub-segments.
– Focuses on the key global Tumor Ablation manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Tumor Ablation with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Tumor Ablation Market Size
2.2 Tumor Ablation Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Tumor Ablation Market Size by Manufacturers
3.2 Tumor Ablation Key Players Head office and Area Served
3.3 Key Players Tumor Ablation Product/Solution/Service
3.4 Date of Enter into Tumor Ablation Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Tumor Ablation Sales by Product
4.2 Global Tumor Ablation Revenue by Product
4.3 Tumor Ablation Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Tumor Ablation Breakdown Data by End User

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In the end, Tumor Ablation industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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