May 20, 2024

Tumor Ablation Market Size to Reach USD 6.06 Billion by 2033

The global tumor ablation market size was valued at USD 1.7 billion in 2023 and is expected to hit around USD 6.06 billion by 2033, growing at a CAGR of 13.60% from 2024 to 2033.

Key Points

  • North America dominated the market while carrying 36% of the market share in 2023.
  • Asia Pacific is expected to witness the fastest rate of growth in the tumor ablation market during the forecast period.
  • By technology, the radio frequency ablation technology segment held the largest share of the tumor ablation market while carrying a of 34% share in 2023.
  • By technology, the microwave ablation technology segment is expected to grow at the fastest rate during the forecast period.
  • By treatment, the percutaneous ablation segment dominated the market with 56% market share in 2023

Tumor Ablation Market Size 2024 to 2033

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Tumor ablation market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Tumor ablation Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

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Tumor Ablation Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 13.60%
Global Market Size in 2023 USD 1.7 Billion
Global Market Size by 2033 USD 6.06 Billion
U.S. Market Size in 2023 USD 430 Million
U.S. Market Size by 2033 USD 1,540 Million
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Technology, By Treatment, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: U.S. Asthma Drugs Market Size to Worth USD 13.76 Bn by 2033

The empirical study on the global Tumor ablation market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Tumor ablation Market. Our market report for the Tumor ablation market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Tumor Ablation Market Companies

  • Boston Scientific Corporation (U.S.)
  • Medtronic (U.S.)
  • Olympus (Germany)
  • Stryker (U.S.)
  • Biotronik (Germany)
  • Merit Medical Systems. (Utah)
  • HealthTronics, Inc. (U.S.)
  • Insightec. (Israel)
  • AngioDynamics. (New York)
  • Integra LifeSciences (U.S.)
  • Bioventus LLC. (U.S.)
  • Ethicon Inc. (A Subsidiary of Johnson & Johnson) (U.S.)
  • EDAP TMS (Auvergne-Rhône-Alpes)
  • Sonablate Corp. (U.S.)
  • BVM Medical Limited (England)
  • Terumo Europe NV (Belgium)
  • IceCure Medical (Israel)
  • Segments Covered in the Report

Data Sources and Methodology

To gather comprehensive insights on the Global Tumor ablation Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Tumor ablation Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Tumor ablation market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Technology

  • Radiofrequency Ablation
  • Microwave Ablation
  • Cryoablation
  • Irreversible Electroporation Ablation
  • HIFU
  • Other ablation technologies

By Treatment

  • Surgical Ablation
  • Laparoscopic Ablation
  • Percutaneous Ablation

By Application

  • Kidney Cancer
  • Liver cancer
  • Breast cancer
  • Lung cancer
  • Prostate cancer
  • Other cancer

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Tumor ablation market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Tumor ablation market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Tumor ablation market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Tumor ablation market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Tumor Ablation Market 

5.1. COVID-19 Landscape: Tumor Ablation Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Tumor Ablation Market, By Technology

8.1. Tumor Ablation Market, by Technology, 2024-2033

8.1.1 Radiofrequency Ablation

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Microwave Ablation

8.1.2.1. Market Revenue and Forecast (2021-2033)

8.1.3. Cryoablation

8.1.3.1. Market Revenue and Forecast (2021-2033)

8.1.4. Irreversible Electroporation Ablation

8.1.4.1. Market Revenue and Forecast (2021-2033)

8.1.5. HIFU

8.1.5.1. Market Revenue and Forecast (2021-2033)

8.1.6. Other ablation technologies

8.1.6.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Tumor Ablation Market, By Treatment

9.1. Tumor Ablation Market, by Treatment, 2024-2033

9.1.1. Surgical Ablation

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Laparoscopic Ablation

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Percutaneous Ablation

9.1.3.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Tumor Ablation Market, By Application 

10.1. Tumor Ablation Market, by Application, 2024-2033

10.1.1. Kidney Cancer

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Liver cancer

10.1.2.1. Market Revenue and Forecast (2021-2033)

10.1.3. Breast cancer

10.1.3.1. Market Revenue and Forecast (2021-2033)

10.1.4. Lung cancer

10.1.4.1. Market Revenue and Forecast (2021-2033)

10.1.5. Prostate cancer

10.1.5.1. Market Revenue and Forecast (2021-2033)

10.1.6. Other cancer

10.1.6.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Tumor Ablation Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Technology (2021-2033)

11.1.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.1.3. Market Revenue and Forecast, by Application (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Technology (2021-2033)

11.1.4.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.1.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Technology (2021-2033)

11.1.5.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.1.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Technology (2021-2033)

11.2.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.2.3. Market Revenue and Forecast, by Application (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Technology (2021-2033)

11.2.4.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.2.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Technology (2021-2033)

11.2.5.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.2.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Technology (2021-2033)

11.2.6.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.2.6.3. Market Revenue and Forecast, by Application (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Technology (2021-2033)

11.2.7.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.2.7.3. Market Revenue and Forecast, by Application (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Technology (2021-2033)

11.3.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.3.3. Market Revenue and Forecast, by Application (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Technology (2021-2033)

11.3.4.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.3.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Technology (2021-2033)

11.3.5.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.3.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Technology (2021-2033)

11.3.6.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.3.6.3. Market Revenue and Forecast, by Application (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Technology (2021-2033)

11.3.7.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.3.7.3. Market Revenue and Forecast, by Application (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Technology (2021-2033)

11.4.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Technology (2021-2033)

11.4.4.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.4.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Technology (2021-2033)

11.4.5.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.4.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Technology (2021-2033)

11.4.6.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.4.6.3. Market Revenue and Forecast, by Application (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Technology (2021-2033)

11.4.7.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.4.7.3. Market Revenue and Forecast, by Application (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Technology (2021-2033)

11.5.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Technology (2021-2033)

11.5.4.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.5.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Technology (2021-2033)

11.5.5.2. Market Revenue and Forecast, by Treatment (2021-2033)

11.5.5.3. Market Revenue and Forecast, by Application (2021-2033)

Chapter 12. Company Profiles

12.1. Boston Scientific Corporation (U.S.)

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Medtronic (U.S.)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Olympus (Germany)

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Stryker (U.S.)

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Biotronik (Germany)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Merit Medical Systems. (Utah)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. HealthTronics, Inc. (U.S.)

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Insightec. (Israel)

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. AngioDynamics. (New York)

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Integra LifeSciences (U.S.)

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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