New York
City, 10 Feb 2020:The Global tumor
ablation market is anticipated to reach USD 1.9 billion by
2025 according to a new study published by Polaris Market
Research. Ablation is treatment for the destruction of liver tumors
without removing them. These techniques is used in patients with few small
tumors and when surgery is not a worthy option due to reduced liver function or
poor health condition. These treatments is sometimes used in patients waiting
for a liver transplant. Generally, tumor ablation is a minimally invasive
surgical method to treat solid cancers. Special probes are used to freeze or
burn cancers without the surgery. Ultrasound (US), Computed Tomography (CT), or
Magnetic Resonance Imaging (MRI) are used to guide and position the needle
probe into the tumor. The most common cancers treated by this method are lung
cancer, liver cancer and kidney (renal) cancer. Other cancers can also be
treated if the tumor cell are accessible to reach and of appropriate size
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The global tumor ablation market is
driven by the factors such as rising occurrence of different forms of cancer,
technological advancements in the field of tumor ablation for cancer treatment,
and rising awareness concerning the benefits of ablation procedures over
conventional or traditional surgical procedures. Moreover, rising number of ablation
centers, surgical centers, and hospitals are driving the growth of tumor
ablation market globally. Additionally, the continual developments in ablation
expertise, leading to the increased development of new and pioneering products
that are the efficient, safe, and minimally invasive are also advancing towards
significant growth of the global tumor ablation market.
With the increasing geriatric
population, the demand for minimally invasive surgeries (MIS) is increasing
globally. Through minimally intrusive surgeries, the patients result in faster
recovery in comparison to conventional invasive procedures. Therefore, the
demand for minimally invasive procedures such as radiofrequency ablation and
cryoablation is increasing and thereby augmenting the global market growth.
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The global
tumor ablation market is segmented on the basis of type of technology, mode of
treatment, and application. On the basis of type of technology, the global
tumor ablation market is segmented into Radiofrequency (RF) ablation, Microwave
ablation, Cryoablation, and others. The radiofrequency ablation is estimated to
dominate the global tumor ablation market owing to its design of treating
target tissues without causing damage to the surrounding healthy cells.
However, microwave ablation technology is expected to grow at the rapid test
rate in the upcoming years, due to increasing adoption of microwave tumor
ablation among healthcare specialists.
On the basis of the type of
technology, the global tumor ablation market is further categorized into
surgical ablation, laparoscopic ablation, and percutaneous ablation.
Moreover, on the basis of application the market is segmented into liver
cancer, lung cancer, kidney cancer, bone metastasis, and others. Lung cancer is
anticipated to grow with the fastest rate in the forecast period due to growing
prevalence of lung cancer cases and increasing private as well as government
investment to develop new lung cancer ablation products.
Some of the key players operating
in global tumor ablation market are EDAP TMS S.A., St. Jude Medical Inc., BVM
Medical Ltd., SonaCare Medical LLC, AngioDynamics Inc., Boston Scientific
Corp., BTG International Ltd., Integra LifeSciences Holdings Corp., and
Medtronic plc. among others.
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