Market Revenue Tumor Ablation Industry Growth Factors by 2022 | Page 2
physician to regulate energy level being put and also to lessen the destruction to the adjacent healthy
tissue.
Driving factors responsible for the growth of Tumor Ablation Market includes availability of clinical
significance and rise in safety framework, growth in funding to enhance research activities under
public-private initiatives that further offers tremendous opportunities. Also, other factors such as rise
in awareness of ablation procedure compared to other minimal invasive procedures. Additionally,
favorable opportunities in healthcare market contributes to the growth of the market. However, fatal
injury at a cellular level and architectural deconstruction at a tissue level is likely to affect the growth
of Tumor Ablation Industry.
Based on technological segmentation, the Tumor Ablation Market includes microwave ablation,
radiofrequency ablation, cryoablation, high-intensity focused ultrasound and laser interstitial thermal
ablation. Based on segmentation by treatment, the Tumor Ablation Industry includes surgical
ablation, percutaneous ablation and laparoscopic ablation. Based on segmentation by application,
the Tumor Ablation Industry includes lung cancer, liver cancer, bone metastasis and kidney cancer.
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Geographically, Tumor Ablation Market includes North America, Latin America, Europe, Asia-Pacific,
Middle-East and Africa. APAC market is expected to gain a positive CAGR growth in the forthcoming
period. India and China being the prominent players in APAC market owing to lucrative growth and
rising prevalence of cancer along with inclination of patients towards minimally invasive therapies.
North America is anticipated to grow at a higher CAGR in the forthcoming period due to the rise in
R&D expenditure by government and healthcare sector.
The key players in the Tumor Ablation Market include Boston Scientific, Medtronic, Galil Medical,
EDAP, TMS, Angiodynamics, Mermaid, INITIO Inc, Mermaid Medical Inc, Sonacare Medical, Neuwave
Medical and Mesonix.