DUBLIN, Dec. 30, 2019 /PRNewswire/ -- The "Tumor Ablation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global tumor ablation market reached a value of US$ 538.7 Million in 2018. Looking forward, the market is anticipated to reach a value of US$ 1,080 Million by 2024, registering a CAGR of around 12% during 2019-2024.

The increasing prevalence of cancer is one of the key factors driving the growth of the market. Furthermore, owing to benefits such as the lesser amount of trauma, speedy recovery, reduced complications and shorter hospital stay, MI procedures are gaining widespread preference, which, in turn, is driving the market growth.

Also, various technological advancements such as the introduction of thermal and laser ablation, irreversible electroporation and High-Intensity Focused Ultrasound (HIFU) have enhanced the acceptance of tumor ablation procedures. Moreover, the implementation of favorable government policies for cancer awareness and treatment methods is also creating a positive outlook for the market.

Other factors driving the market include growing healthcare expenditures and rising geriatric population, along with the increasing number of ablation and surgical centers and awareness for ablation procedures that can be conducted over small tumors.

The report has also analysed the competitive landscape of the market with some of the key players being Medtronic, AngioDynamics Inc., HealthTronics Inc., NeuWave Medical, INTIO Inc., Galil Medical Ltd., Boston Scientific, Sonacare Medical, EDAP TMS S.A., ERBE Elektromedizin GmbH, IceCure Medical Ltd., MISONIX Inc., Endocare Inc., CooperSurgical Inc., B V M Meditech Pvt., etc.

Key Questions Answered in This Report

Key Topics Covered

1 Preface

2 Scope & Methodology

3 Executive Summary

4 Introduction4.1 Overview4.2 Key Industry Trends

5 Global Tumor Ablation Market5.1 Market Overview5.2 Market Performance5.3 Market Breakup by Technology5.4 Market Breakup by Treatment5.5 Market Breakup by Application5.6 Market Breakup by End-user5.7 Market Breakup by Region5.8 Market Forecast

6 SWOT Analysis6.1 Overview6.2 Strengths6.3 Weaknesses6.4 Opportunities6.5 Threats

7 Value Chain Analysis

8 Porter's Five Forces Analysis8.1 Overview8.2 Bargaining Power of Buyers8.3 Bargaining Power of Suppliers8.4 Degree of Competition8.5 Threat of New Entrants8.6 Threat of Substitutes

9 Market Breakup by Technology9.1 Radiofrequency (RF) Ablation9.2 Microwave Ablation9.3 Cryoablation9.4 Others

10 Market Breakup by Mode of Treatment10.1 Percutaneous Ablation10.2 Laparoscopic Ablation10.3 Surgical Ablation

11 Market Breakup by Application11.1 Liver Cancer11.2 Lung Cancer11.3 Kidney Cancer11.4 Bone Metastasis11.5 Others

12 Market Breakup by End-User12.1 Hospitals12.2 Cancer Specialty Clinics12.3 Others

13 Market Breakup by Region13.1 North America13.2 Europe13.3 Asia Pacific13.4 Middle East and Africa13.5 Latin America

14 Competitive Landscape14.1 Market Structure14.2 Key Players14.3 Profiles of Key Players14.3.1 Medtronic14.3.2 AngioDynamics Inc.14.3.3 HealthTronics Inc.14.3.4 NeuWave Medical14.3.5 INTIO Inc.14.3.6 Galil Medical Ltd.14.3.7 Boston Scientific14.3.8 Sonacare Medical14.3.9 EDAP TMS S.A.14.3.10 ERBE Elektromedizin GmbH14.3.11 IceCure Medical Ltd.14.3.12 MISONIX Inc.14.3.13 Endocare Inc.14.3.14 CooperSurgical Inc.14.3.15 B V M Meditech Pvt.

For more information about this report visit https://www.researchandmarkets.com/r/wg9xkv

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

http://www.researchandmarkets.com

Link:

Outlook on the World's $1+ Billion Tumor Ablation Market, 2019-2024 - Minimally Invasive (MI) Procedures are Gaining Widespread Preference -...