Tumor Ablation Market Share, Size, Analysis, Growth, Trends and Forecasts to 2022 | Hexa Research
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Tumor Ablation Market Share, Size, Analysis, Growth, Trends and Forecasts to 2022 | Hexa Research
" The tumor ablation industry is anticipated to witness CAGR of over 11.1 % by 2022. Rapidly growing geriatric population is expected to be the key factor propelling market growth."
The global Tumor Ablation Market is likely to obtain USD 1.5 billion at a compound annual growth rate( CAGR) of over 11 % during the forecast phase( 2015-2022). The major growth drivers influencing the market are the increasing occurrences of various types of cancers and the rising technical developments in the field of thermal ablation techniques.
The tumor ablation market is categorized as technologies, treatments, applications, and regions. Major technologies of the market are microwave, radiofrequency, cryoablation, and several other technologies including High-Intensity Focused Ultrasound( HIFU), radioiodine, laser ablation etc. Radiofrequency dominated the technology sector in 2015. However, the microwave ablation sector is likely to experience a huge growth( 15 %) in the near future. Enhanced efficiency along with minimum complications and process time( 5 to 10 min.) is said to augment the segment growth.
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