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

Tumor Ablation Market - Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2014 - 2024
Global Tumor Ablation Market: Snapshot
The tumor ablation market is showcasing an enormous potential for growth across
the world. The alarming increase in the incidence of cancer and, particularly, the
rising prevalence of tumor in humans. The continual advancements in ablation
technology, leading to the increased development of new and innovative products
that are the safe, efficient, and have minimal side effects., are also boosting the
growth of the global market for tumor ablation significantly.
Going forward, the growing cases of bile duct cancer and primary liver cancer are
anticipated to drive this market substantially over the forthcoming years. Along with
this, the rise in the geriatric population base and the escalating consumption of
alcohol and smoking are also projected to propel this market in the near future. The
worldwide market for tumor ablation offered an opportunity worth US$702.9 mn in
2015, which is likely to increase to US$1.9 bn by 2024, expanding at a CAGR of
12.20% over the period from 2016 to 2024.
View Report @ http://www.transparencymarketresearch.com/tumor-
ablation-market.html
Increasing Popularity of Radiofrequency Ablation to Ensure its Dominance
Based on technology, the global market for tumor ablation has been categorized
into radiofrequency ablation, microwave ablation, cryoablation, high-intensity
focused ultrasound, and laser interstitial thermal ablation. Among these, the
radiofrequency ablation technology segment has been leading the global market in
terms of revenue. Expanding at a CAGR of 10.90% between 2016 and 2024, the
segment is likely to maintain its lead in this market in the near future.
The growing awareness about the benefits of tumor ablation through
radiofrequency, such as its efficiency, less risk of tissue damage, and faster
recovery, is likely to fuel its demand substantially over the next few years. The fact
that the patient requires going through only one treatment session for tumor
destruction when radiofrequency ablation technology is used, is adding significantly
to its popularity, which is also anticipated to push its adoption rate upwards in the
years to come. Apart from this, the uptake of microwave technology for tumor