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Global Tumor Ablation Market 2015-2019

Global Tumor Ablation Market 2015-2019

Market outlook of the global tumor ablation market

Tumor ablation is a minimally invasive, image-guided treatment procedure that is used to destroy cancer cells in the chest, lung, and liver. Recent advances in semiconductor technology and modifications to the design of medical laser systems such as MRI or ultrasound are responsible for this markets healthy growth rate of more than 15% during the forecast period.

Geographically, the EMEA region is expected to account for the highest market share during the forecast period. The growing prevalence of cancer in countries such as Denmark, Belgium, France, and Norway is responsible for this regions high market share of close to 37% by 2019.

Segmentation by ablation technology and analysis of the tumor ablation market

Radiofrequency
Ultrasound
Cryotherapy
Microwave
In this market research report, Technavio analysts estimate the radiofrequency segment to account for approximately 13% of the total market share by 2019. Radiofrequency is very specific for treating target tissues without causing significant damage to surrounding healthy cells. The high efficacy rate of this procedure is expected to bolster its growth during the forecast period.

Cancer-type segmentation of the tumor ablation market

Liver
Breast
Prostate
Gynecological
Lung
ENT
Technavios analyst has estimated the liver cancer segment to account for the highest market share during the forecast period. Liver cancer is more common in men than in women and is characterized by uncontrolled cell division in the liver. High incidence of primary liver cancer and bile duct cancer among the populace will result in this segments high market dominion during the forecast period.

Competitive landscape and key vendors

This market offers ample growth opportunities to vendors during the forecast period and is characterized by the presence of numerous local and multinational vendors. While the international players are continually increasing their footprint in the market through product innovations, local vendors adopt collaborations to stay competitive in the market.

Leading vendors in this market are-

AngioDynamics
Boston Scientific
Ethicon
Medtronic
Other prominent vendors are Alpinion Medical System, BSD Medical, Conmed, C2 Therapeutics, CSA Medical, C.R. Bard, Chongqing Haifu Medical Technology, Esaote, EDAP TMS, Galil Medical, InSightec, Misonix, Mermaid Medical, Monteris Medical, Neuwave Medical, Olympus, Perseon, Plasma Surgical, Profound Medical, Philips Healthcare, Smith & Nephews, Sonacare Medical, Shenzhen Huikang Medical Apparatus, Terumo Medical, Total Vein Systems, Theraclion, and Vivant Medical.

Key questions answered in the report include

What will the market size and the growth rate be in 2019
What are the key factors driving the global tumor ablation market
What are the key market trends impacting the growth of the global tumor ablation market
What are the challenges to market growth
Who are the key vendors in the global tumor ablation market
What are the market opportunities and threats faced by the vendors in the global tumor ablation market
Trending factors influencing the market shares of the EMEA, Americas, and APAC
What are the key outcomes of the five forces analysis of the global tumor ablation market
Technavio also offers customization on reports based on specific client requirement.

Related reports

Ablation Catheters Market in Europe 2015-2019
Ablation Catheters Market in the US 2015-2019
Global Radiofrequency Ablation Devices Market 2015-2019
Global Kidney Cancer Drugs Market 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Global Tumor Ablation Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Tumor Ablation Market: AngioDynamics, Boston Scientific, Ethicon and Medtronic

Other Prominent Vendors in the market are: Alpinion Medical System, BSD Medical, Conmed, C2 Therapeutics, CSA Medical, C.R. Bard, Chongqing Haifu Medical Technology, Esaote, EDAP TMS, Galil Medical, InSightec, Misonix, Mermaid Medical, Monteris Medical, Neuwave Medical, Olympus, Perseon, Plasma Surgical, Profound Medical, Philips Healthcare, Smith & Nephews, Sonacare Medical, Shenzhen Huikang Medical Apparatus, Terumo Medical, Total Vein Systems, Theraclion, and Vivant Medical.

Commenting on the report, an analyst from Technavio’s team said: “Growing focus on R&D, increasing healthcare facilities in emerging countries, and rise in accessibility of advanced laser treatments may reduce the high cost of tumor ablation treatments and drugs used in chemotherapy.”

According to the report, the minimally invasive surgeries or procedures are less painful and can be performed as outpatient procedure, unlike traditional surgeries. These surgeries are emerging as potential replacements for conventional therapeutic cancer surgeries. These surgeries are used for the treatment of various tumors of the prostate gland, lungs, and the liver. Further, robotic navigation technologies that perform ablation procedures more accurately are being incorporated to increase the popularity of these surgeries.

Further, the report states that the cost of tumor ablation treatment is directly proportional to the size of the tumor and the number of probes required for the surgery.

Companies Mentioned

AngioDynamics, Boston Scientific, Ethicon, Medtronic, Alpinion Medical System, BSD Medical, Conmed, C2 Therapeutics, CSA Medical, C.R. Bard, Chongqing Haifu Medical Technology, Esaote, EDAP TMS, Galil Medical, InSightec, Misonix, Mermaid Medical, Monteris Medical, Neuwave Medical, Olympus, Perseon, Plasma Surgical, Profound Medical, Philips Healthcare, Smith & Nephews, Sonacare Medical, Shenzhen Huikang Medical Apparatus, Terumo Medical, Total Vein Systems, Theraclion, and Vivant Medical.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Cancer statistics
    • Table Most prevalent cancer types in the world 2012
    • Table Countries with the highest cancer rate 2012
  • Pipeline analysis
    • Table Pipeline analysis for tumor ablation devices
  • Market landscape
    • Market overview
      • Table Global tumor ablation market segmentation
    • Market size and forecast
      • Table Global tumor ablation market 2014-2019 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by ablation technology
    • Table Segmentation of global tumor ablation market by technology
    • Radiofrequency ablation
    • Ultrasound ablation
    • Cryoablation
    • Microwave ablation
      • Table Segmentation of global tumor ablation market by ablation technology 2014
  • Market segmentation by cancer types
    • Table Segmentation of global tumor ablation market by cancer types
    • Liver cancer
    • Breast cancer
    • Prostate cancer
    • Gynecological cancer
    • Lung cancer
    • Ear, nose, and throat cancers
      • Table Segmentation of global tumor ablation market by cancer type 2014
  • Geographical segmentation
    • Segmentation of global tumor ablation market by geography 2014-2019
      • Table Segmentation of global tumor ablation market by geography 2014
      • Table Segmentation of global tumor ablation market by geography 2019
      • Table Segmentation of global tumor ablation market by geography 2014-2019
    • Tumor ablation market in Americas
      • Table Image-guided minimally invasive procedures 2012 (million/year)
      • Table Tumor ablation market in Americas 2014-2019 ($ millions)
    • Tumor ablation market in EMEA
      • Table Prostate cancer incidence in top five European countries 2012
      • Table Tumor ablation market in EMEA 2014-2019 ($ millions)
    • Tumor ablation market in APAC
      • Table Tumor ablation market in APAC 2014-2019 ($ millions)
  • Market drivers
    • Increase in minimally invasive surgeries/procedures
    • Rise in number of outpatient procedures
    • Advances in technology
    • Use of medical lasers for oncology procedures
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost of surgeries
      • Table Cost comparison of various tumor ablation procedures
    • Risks associated with unskilled practitioners
    • Risks associated with laser tumor ablation treatments
    • Stringent regulatory approval process
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Use of robotic navigation technologies
    • Growing focus on emerging countries
      • Table Country wise healthcare spending 2010-2016 estimated ($ billions)
    • Focus on R&D
    • Rise in accessibility of advanced laser treatments
  • Vendor landscape
    • Competitive scenario
    • Key vendor analysis 2014
      • Table AngioDynamics: Key takeaways
      • Table Boston Scientific: Key takeaways
      • Table Ethicon: Key takeaways
      • Table Medtronic: Key takeaways
    • Other prominent vendors
  • Key vendor analysis
    • AngioDynamics
      • Table AngioDynamics: Business segmentation by revenue 2015
      • Table AngioDynamics: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table AngioDynamics: Segmentation of revenue by geography 2015
    • Boston Scientific
      • Table Boston Scientific: Business segmentation by revenue 2014
      • Table Boston Scientific: Business segmentation by revenue 2013 and 2014 ($ millions)
    • Ethicon
      • Table Ethicon : Product segmentation
    • Medtronic
      • Table Medtronic: Business segmentation 2015 by revenue
      • Table Medtronic: Business segmentation by revenue 2014 and 2015 ($ billions)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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