The report “Tumor Ablation Market by Technology (Radiofrequency, Microwave, Cryoablation, IRE, Ultrasound), Mode of treatment (Surgical, Laparoscopic, Percutaneous), Application (Liver, Lung, Kidney, Bone Metastasis, Prostate, Breast) - Global Forecasts to 2020” analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and the Rest of the world (RoW).
Browse 72 market data tables and 86 figures spread through 330 pages and in-depth TOC on “Tumor Ablation Market
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Based on technology, the global tumor ablation market is classified into four major segments, namely, radiofrequency ablation, microwave ablation, cryoablation, and other technologies (including irreversible electroporation, radioiodine, HIFU, and laser ablation). On the basis of mode of treatment, the global tumor ablation market is classified into surgical ablation, laparoscopic ablation, and percutaneous ablation. The global tumor ablation market is further classified into five application segments, namely, liver cancer, lung cancer, kidney cancer, bone metastasis, and others (includes cancer of prostate, breast, colorectal, neuroendocrine, head, neck, and lumbar vertebrae).
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As of 2015, North America is expected to hold the largest share of the tumor ablation market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR during the forecast period (2015 to 2020). This can be attributed to factors such as large population base paired with high prevalence and incidence of various cancers (such as liver, lung, and kidney cancer), ongoing government initiatives for development and modernization of healthcare infrastructure, increasing adoption due to continuously decreasing device price associated with tumor ablation products, and rising trend of localized manufacturing due to growing focus of global giants in the APAC market. Medtronic, plc (U.S.), AngioDynamics, Inc. (U.S.), HealthTronics, Inc. (U.S.), Galil Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), EDAP TMS S.A. (France), NeuWave Medical Inc. (U.S.), Mermaid Medical A/S (Denmark), SonaCare Medical, LLC (U.S.), and Misonix, Inc. (U.S.) are the major players in the global tumor ablation market.