TUMOR ABLATION MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2023
Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Introduction Report Description
The Global Tumor Ablation Market was sized near USD X.X billion in 2016. Ablation is a minimally invasive image-guided surgical technique that destroys tumors without removing them. It uses technologies such as Radiofrequency, Microwave, Cryoablation, High-Intensity Focused Ultrasound and etc. that uses heat to destroy cancer cells. During tumor ablation, thermal energy is used to heat or cool tissue. A high-frequency current is passed through the tip of the probe, which heats the tumor and destroys the cancer cells. In general, ablation is best used for tumors less than about 3 cm. Moreover, the ablation technology is mostly used in the treatment of lung cancer, liver cancer and kidney cancer. This report estimates the market size of tumor ablation market in terms of value (USD million) over the period of 2015 to 2023.The year 2015 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for tumor ablation market in numerous application is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global Tumor Ablation market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of Tumor Ablation market. The market analysis covers major geographic regions, such as North America, Europe, AsiaPacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of Tumor Ablation market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global tumor ablation market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
distributors to understand the present and future trends in this market and formulate their strategies accordingly. SEGMENTATION AND RESEARCH SCOPE TUMOR ABLATION MARKET SEGMENTATION TUMOR ABLATION MARKET
Technology Radiofrequency Ablation Microwave Ablation Cryoablation High-Intensity Focused Ultrasound Laser Interstitial Thermal Ablation Others
Treatment Surgical Ablation Percutaneous Ablation Laparoscopic Ablation
Application
Liver Cancer Lung Cancer Kidney Cancer Bone Metastasis Other Application
Region
North America Europe Asia Pacific RoW
The report on global tumor ablation market covers segments such as technology, treatment, and application. The technology segments include radiofrequency ablation, microwave ablation, cryoablation, high-intensity focused ultrasound, laser interstitial thermal ablation and others. On the basis of treatment, the global tumor ablation market is categorized into surgical ablation, percutaneous ablation and laparoscopic ablation. Furthermore, on the basis of application the tumor ablation market is segmented as liver cancer, lung cancer, kidney cancer, bone metastasis, and other application.
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Research Methodology Methodology
Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the Tumor Ablation market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days.
Research Methodology: An Outline
Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH
Arriving at Global Market Size
Accumulation of the country level market size (value) Regional market size of tumor ablation and its Technology, Treatment, Application
Market Share of Key Players
Segment revenue of the key players Country level market size by Technology, Treatment, Application (value)
Identifying key players in the tumor ablation market
Accumulation of the regional/country market size (value) Global market size of product, Technology, Treatment, Application
Key Market Players
Arriving at Regional/Country Market Size
RESEARCH APPROACHES- TOP-DOWN Global Market
Market Segments
Determine the Regional Market Size Country Level Market Sizing
Global market size of tumor ablation market Value for 2016 to 2023
% breakdown by market segments by Technology, Treatment, Application Value for 2016 and 2023
Regional market size of tumor ablation market (value) Regional market size of Technology, Treatment, Application
Country level market size of the tumor ablation market in every region (value) Country level market size of Technology, Treatment, Application in every region
TOP-DOWN APPROACH
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The study on global tumor ablation market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global tumor ablation market. The estimates in the global tumor ablation market are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of tumor ablation market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the devices and category. IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES
Infinium's Data Bank/ Know How
Top executives of end-use industries Intermediaries
C-level executives in the leading manufacturing products of ultrasound device. Product managers Sales managers Industry consultants Distributors/Suppliers
Industry Publications Government Agencies' Publications Industry news Data sources
Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases
Secondary Research
DATA TRIANGULATION & INFORMATION SOURCES
Company Publication
Supply Side
Primary Research
General Publications
Demand Side
PRIMARY SOURCES
The market size of tumor ablation is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the © Infinium Global Research
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
leading players in the tumor ablation market. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the tumor ablation market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the tumor ablation market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of tumor ablation. With the help of primary interviews and secondary research the market size of tumor ablation is determined for each country studied, which then is added to arrive at regional market size and there by obtaining global market size. This in turn helps us to validate the market size of tumor ablation in the world market. Executive Summary Global Tumor Ablation Market Highlights, (USD Million)
The global tumor ablation market is expected to grow at a CAGR of 10.5% between 2017 and 2023 in terms of value. Rapidly growing aging population and occurrence of cancer are the factors driving the growth of tumor ablation market worldwide. The ablation technique destroys tumors without removing them so its offer higher efficiency. In addition, acceptance of new technologies for cancer treatments, growing public awareness, and demand for safe treatments are the factors projected to create a positive impact on the market growth. On the other hand, the high cost of treatment may restrain the growth of tumor ablation market. Moreover, governments funding in cancer research and advancement in ablation technologies are estimated the several opportunities for this market in upcoming years. Among the application, lung cancer dominated the tumor ablations market. This segment provides enormous demand due to increasing cigarette smoking and rising pollution level worldwide. Also, growing technological advancements in this field are leading towards the growth in Tumor Ablation market.
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Among the treatment Surgical Ablation is likely to hold the largest share. As the increasing prevalence of liver and breast cancers, which require open surgical procedures is expected to push the growth of this market.
The leading players in the global Tumor Ablation market include Boston Scientific Corp., Angiodynamics, Inc., BVM Medical Limited, Galil Medical, Inc., EDAP TMS S.A., Healthtronics, Inc., INTIO Inc., Mermaid Medical, Inc., Mesonix, Inc., Medtronic, and Plc. GLOBAL TUMOR ABLATION MARKET, 2015 – 2023 (USD MILLION)
2015
2016
2017
2018
2019
2020
2021
2022
2023
Value
Tumor ablation market is expected to experience rapid growth globally. However, rapidly growing aging population and occurrence of cancer are the factors driving the growth of tumor ablation market worldwide. The ablation technique destroys tumors without removing them so its offer higher efficiency. In addition, acceptance of new technologies for cancer treatments, growing public awareness, and demand for safe treatments are the factors projected to create a positive impact on the market growth. The global market size of Tumor Ablation in terms of value was USD x.x million in 2015.
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL TUMOR ABLATION MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)
xxx.x xxx.x
2017
2023
xxx.x
xxx.x xxx.x
xxx.x
2017
2023
2017
2023
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023. Market Overview & Competitiveness DRO Analysis
DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global tumor ablation market. It covers © Infinium Global Research
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the Tumor Ablation market. Drivers refer to the factors that are expected to drive or boost the market size or demand for tumor ablation. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of Tumor Ablation market both in short run and long run. DRIVERS OF TUMOR ABLATION MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
DRIVERS
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS OF TUMOR ABLATION MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
RESTRAINTS
MID TERM IMPACT
LONG TERM IMPACT
Restraint 1
Restraint 2
HIGH
MEDIUM
LOW
IGR- Growth Matrix Analysis
Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better © Infinium Global Research
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the Technology segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new Technology developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size Safe Zone: Moderate growth and moderate market size. IGR- GROWTH MATRIX ANALYSIS Growth Rate
Opportunity Zone
Consolidation Zone
High
Low
Risky Zone
Retention Zone Market Size Low
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High North America
Europe
Asia-Pacific
RoW
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL TUMOR ABLATION MARKET BY TECHNOLOGY, 2016 - 2023 (REVENUE % SHARE) 2023
2016
Radiofrequency Ablation
Microwave Ablation
Cryoablation
High-Intensity Focused Ultrasound Laser Interstitial Thermal Ablation Others
GLOBAL TUMOR ABLATION MARKET BY TECHNOLOGY, 2015 - 2023 (USD MILLION)
2015
2016
2017
2023
Radiofrequency Ablation
Microwave Ablation
Cryoablation
High-Intensity Focused Ultrasound
Laser Interstitial Thermal Ablation
Others
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL RADIOFREQUENCY ABLATION BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL MICROWAVE ABLATION BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
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2017 Europe
Asia-Pacific
2023
RoW
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL CRYOABLATION ABLATION BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL HIGH-INTENSITY FOCUSED ULTRASOUND ABLATION BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
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2017 Europe
Asia-Pacific
2023
RoW
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL LASER INTERSTITIAL THERMAL ABLATION ABLATION BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL OTHERS ABLATION BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
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2017 Europe
Asia-Pacific
2023
RoW
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL TUMOR ABLATION MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)
GLOBAL TUMOR ABLATION MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016 North America
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2017 Europe
Asia-Pacific
2023
RoW
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Tumor Ablation Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Company Profiling Boston Scientific Corp. Company Snapshot
Boston Scientific Corp. CONTACT DETAILS: Address300 Boston Scientific Way Marlborough, MA 01752 United States. Tele: 508-683-4000 Website: www.bostonscientific.com
KEY FEATURES: No. of Employees: more than xx No. of countries of operation: xx
SWOT ANALYSIS: STRENGHTS Sample text Sample text
OPPORTUNITIES Sample text Sample text
WEAKNESS Sample text Sample text
THREATS Sample text Sample text
PRODUCT PORTFOLIO: Product 1 Product 2 Product 3
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