The global tumor ablation market is anticipated to reach USD 2.4 billion by 2026 according to a new study published by Polaris Market Research. Ablation is treatment for the destruction of liver tumors without removing them. These technique 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 treatment 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
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.
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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.
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.
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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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