Tumor Ablation Market 2014 Share, Trend, Segmentation and Forecast Tumor Ablation Market - Global Industry Analysis, | Page 2

ablation is also increasing considerably, which is expected to reflect positively on
the market share of this segment over the forthcoming years.
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Technological Advancements to Propel North America Tumor Ablation
Market
Geographically, the worldwide market for tumor ablation has been classified into
Asia Pacific, the Middle East and Africa, North America, Latin America, and Europe.
In 2015, North America dominated the overall market with a share of 30% due to
the early adoption of the treatment procedure. The regional market is likely to
remain on the top over the forthcoming years, thanks to the technological
advancements, rising base of geriatric population, and the high prevalence of
cancer.
Europe stood second in the global tumor ablation market in 2015. Driven by the
increasing tobacco and alcohol consumption, rise in research activity, presence of a
large base of the geriatric population, and the growing awareness among
consumers, the Europe market for tumor ablation is anticipated to retain its position
in the years to come.
Among other regional markets for tumor ablation, Asia Pacific is predicted to present
the most promising growth opportunities in the near future on the ground of soaring
unmet medical needs, rising medical expenditures in emerging economies, rapidly
expanding capital in research and development in medical and healthcare, and the
increasing focus of global players on this region.
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. are some of the key enterprises
functional in the global tumor ablation market.
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