Tumor Ablation Market Size, Share, Opportunities, And Trends By Technology (Radiofrequency (Rf) Ablation, Microwave Ablation, Cryoablation, Other Technologies), By Mode Of Treatment (Surgical Ablation, Laparoscopic Ablation, Percutaneous Ablation), By Application (Liver Cancer, Lung Cancer, Kidney Cancer, Bone Metastasis, Other Applications), And By Geography - Forecasts From 2025 To 2030

  • Published : Nov 2024
  • Report Code : KSI061611901
  • Pages : 139
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The tumor ablation market is expected to grow at a CAGR of 11.13%, reaching a market size of US$2.125 billion in 2030 from US$1.575 billion in 2025.

An image-guided technique generally employed for treating tumors and cancers in the lungs, kidneys, liver, bone, etc., is termed “tumor ablation”. The high efficiency and cost-effectiveness offered by tumor ablation techniques are driving its demand in the global market. The technique is usually done by different means like cryoablation, radiofrequency ablation, microwave ablation, and others.

The imaging technique employed in tumor ablation provides efficient results in the diagnosis and prevention of tumors in their early stages. The rising cases of cancer and tumors are increasing the demand for tumor ablation techniques in the global market. The increasing awareness about cancer and the need to diagnose and treat cancer in its early stages is pushing the market value of these techniques globally.

The rise in the number of health and tumor-treating specialty hospitals is increasing the availability of tumor ablation techniques to people. Their efficiency in diagnosing and cost-efficiency are increasing the acceptability and applications of tumor ablation in the global market. The higher investment of major companies in the research and development sector of tumor ablation is also giving potential to the global tumor ablation market growth.

The support offered by governments and governmental agencies is also increasing the acceptability and availability of tumor ablation techniques. The growing geriatric population and the increasing rate of tumors are also some of the important factors driving the global tumor ablation market growth.

What are the Tumor Ablation Market drivers?

  • Rising cases of cancer are anticipated to propel the global tumor ablation market

The rising cases of cancer and the increasing number of cancer patients are one of the major factors driving the global tumor ablation market growth. The lifestyle and modern diet of people have increased the rate of tumors and cancers in people. The rising cases of tumors have also resulted in the growing demand for treatment and diagnosis methods like tumor ablation in the global market.

The data from the American Cancer Society states that about 1,762,450 new cases of cancer or tumors are diagnosed in the United States each year. The rising cases of cancer and mortality rates due to cancer are increasing the demand for tumor ablation in the American market. The number of deaths due to cancer was reported as 606,880 in the United States by the American Cancer Society. Less efficient diagnosis and treatment techniques are resulting in cancer and tumor deaths around the world.

The WHO (World Health Organisation) claims that countries with less economic stability are showing more tumor and cancer cases compared to countries with high economic stability. The IUCC (International Union for Cancer Control) states that one in every 6 deaths around the globe is due to cancer or tumor. An approximate 70% mortality rate due to cancer is reported in countries with less economic stability and development. The need for better diagnosis techniques and treatment methods is boosting the global tumor ablation market. The rising need and demand for tumor ablation techniques are pushing the market demand and market value of the global tumor ablation market.

  • Technological advancements in ablation devices would bolster the market growth

The technological advancements and up-gradation in research and development techniques employed in ablation devices are stimulating the global tumor ablation market growth. The high research and development investments made by several companies are raising the market share of the global tumor ablation market in the global healthcare and medical sector. The continuous up-gradation and developments in the healthcare and medical fields globally are also pushing the market for tumor ablation techniques to a certain level.

The introduction of cryoablation, microwave ablation, and other techniques has been certain discovery that has boosted the global market of tumor ablation. The application of the latest technologies in treating and diagnosing cancer has upgraded the techniques of tumor ablation to a new level. According to reports by IUCC (International Union for Cancer Control), about 167 billion USD is spent on the research and development process in cancer treatment.

Geographical outlook of the Tumor Ablation Market:

  • North America is expected to dominate the market

The North American region is expected to dominate the global tumor ablation market in the forecasted years. The increasing investments made by government organizations and several companies in this region in cancer treatment and diagnosis techniques are one of the factors boosting tumor ablation market growth.

The increasing cases of tumors and cancers and the increasing rate of the geriatric population in North American countries are also some of the major factors fuelling the market growth of the tumor ablation market.

Key developments in the Tumor Ablation Market:

  • September 2024: Stryker acquired NICO Corporation, which adds to its catalogue of minimally invasive options for brain tumor removal and stroke care. The strategic manoeuvre seeks to incorporate NICO's innovative BrainPath and Myriad products, which treat intracerebral hemorrhage, the deadliest stroke form. The acquisition promises improved patient outcomes through enhanced techniques and technologies in tumor resection and stroke management due to Stryker's commitment to neurotechnology advancement.
  • July 2024: AngioDynamics partnered with Immunophotonics to explore synergies in the combination of tumor ablation techniques and immunotherapy. This collaboration looks forward to making treatment for cancer patients more effective by combining AngioDynamics' advanced ablation technologies with Immunophotonics' innovative immunotherapeutic approaches. The two companies are seeking to study how immunotherapy can amplify the immune response induced by tumor ablation, thus hopefully leading to better patient outcomes and a stronger anti-tumor effect.
  • July 2024: Techsomed launched its BioTrace software suite, in U.S. including BioTraceIO Vision and BioTraceIO Precision, both designed for image-guided ablation therapy. The solutions, cleared by the FDA for liver tumor ablation, incorporate the latest AI technology and real-time ultrasound data to enhance treatment planning and assess post-ablation tissue damage. 

Tumor Ablation Market Scope:

Report Metric Details
Market Size Value in 2025 US$1.575 billion
Market Size Value in 2030 US$2.125 billion
Growth Rate CAGR of 11.13%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Billion
Segments Covered
  • Technology

  • Mode of Treatment

  • Application

  • Geography

Companies Covered
  • Healthtronics, Inc.
  • Medtronic, PLC
  • Sonacare Medical
  • Boston Scientific Corporation
  • Edap TMS S.A.
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase

 

The Tumor Ablation Market is analyzed into the following segments:

  • By Technology  
    • Radiofrequency (Rf) Ablation
    • Microwave Ablation
    • Cryoablation
    • Other Technologies
  • By Mode of Treatment
    • Surgical Ablation
    • Laparoscopic Ablation
    • Percutaneous Ablation
  • By Application
    • Liver Cancer
    • Lung Cancer
    • Kidney Cancer
    • Bone Metastasis
    • Other Applications
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

The tumor ablation market is expected to reach a total market size of US$2.125 billion by 2030.

Tumor Ablation Market was valued at US$1.291 billion in 2022.

The global tumor ablation market is expected to grow at a CAGR of 11.13% during the forecast period.

The rising cases of cancer and the increasing number of cancer patients are one of the major factors driving the tumor ablation market growth.

Geographically, the North American region is expected to dominate the global tumor ablation market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. GLOBAL TUMOR ABLATION MARKET BY TECHNOLOGY

5.1. Introduction

5.2. Radiofrequency (Rf) Ablation

5.2.1. Market Opportunities and Trends

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Microwave Ablation

5.3.1. Market Opportunities and Trends

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

5.4. Cryoablation

5.4.1. Market Opportunities and Trends

5.4.2. Growth Prospects

5.4.3. Geographic Lucrativeness

5.5. Other Technologies

5.5.1. Market Opportunities and Trends

5.5.2. Growth Prospects

5.5.3. Geographic Lucrativeness

6. GLOBAL TUMOR ABLATION MARKET BY MODE OF TREATMENT

6.1. Introduction

6.2. Surgical Ablation

6.2.1. Market Opportunities and Trends

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Laparoscopic Ablation

6.3.1. Market Opportunities and Trends

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Percutaneous Ablation

6.4.1. Market Opportunities and Trends

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

7. GLOBAL TUMOR ABLATION MARKET BY APPLICATION

7.1. Introduction

7.2. Liver Cancer

7.2.1. Market Opportunities and Trends

7.2.2. Growth Prospects

7.2.3. Geographic Lucrativeness

7.3. Lung Cancer

7.3.1. Market Opportunities and Trends

7.3.2. Growth Prospects

7.3.3. Geographic Lucrativeness

7.4. Kidney Cancer

7.4.1. Market Opportunities and Trends

7.4.2. Growth Prospects

7.4.3. Geographic Lucrativeness

7.5. Bone Metastasis

7.5.1. Market Opportunities and Trends

7.5.2. Growth Prospects

7.5.3. Geographic Lucrativeness

7.6. Other Applications

7.6.1. Market Opportunities and Trends

7.6.2. Growth Prospects

7.6.3. Geographic Lucrativeness

8. GLOBAL TUMOR ABLATION MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Technology

8.2.2. By Mode of Treatment

8.2.3. By Application

8.2.4. By Country

8.2.4.1. USA

8.2.4.1.1. Market Opportunities and Trends

8.2.4.1.2. Growth Prospects

8.2.4.2. Canada

8.2.4.2.1. Market Opportunities and Trends

8.2.4.2.2. Growth Prospects

8.2.4.3. Mexico

8.2.4.3.1. Market Opportunities and Trends

8.2.4.3.2. Growth Prospects

8.3. South America

8.3.1. By Technology

8.3.2. By Mode of Treatment

8.3.3. By Application

8.3.4. By Country 

8.3.4.1. Brazil

8.3.4.1.1. Market Opportunities and Trends

8.3.4.1.2. Growth Prospects

8.3.4.2. Argentina

8.3.4.2.1. Market Opportunities and Trends

8.3.4.2.2. Growth Prospects

8.3.4.3. Others

8.3.4.3.1. Market Opportunities and Trends

8.3.4.3.2. Growth Prospects

8.4. Europe

8.4.1. By Technology

8.4.2. By Mode of Treatment

8.4.3. By Application

8.4.4. By Country

8.4.4.1. Germany

8.4.4.1.1. Market Opportunities and Trends

8.4.4.1.2. Growth Prospects

8.4.4.2. France

8.4.4.2.1. Market Opportunities and Trends

8.4.4.2.2. Growth Prospects

8.4.4.3. UK

8.4.4.3.1. Market Opportunities and Trends

8.4.4.3.2. Growth Prospects

8.4.4.4. Others

8.4.4.4.1. Market Opportunities and Trends

8.4.4.4.2. Growth Prospects

8.5. Middle East and Africa

8.5.1. By Technology

8.5.2. By Mode of Treatment

8.5.3. By Application

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.1.1. Market Opportunities and Trends

8.5.4.1.2. Growth Prospects

8.5.4.2. UAE

8.5.4.2.1. Market Opportunities and Trends

8.5.4.2.2. Growth Prospects

8.5.4.3. Others

8.5.4.3.1. Market Opportunities and Trends

8.5.4.3.2. Growth Prospects

8.6. Asia Pacific

8.6.1. By Technology

8.6.2. By Mode of Treatment

8.6.3. By Application

8.6.4. By Country

8.6.4.1. China

8.6.4.1.1. Market Opportunities and Trends

8.6.4.1.2. Growth Prospects

8.6.4.2. India

8.6.4.2.1. Market Opportunities and Trends

8.6.4.2.2. Growth Prospects

8.6.4.3. Japan

8.6.4.3.1. Market Opportunities and Trends

8.6.4.3.2. Growth Prospects

8.6.4.4. South Korea

8.6.4.4.1. Market Opportunities and Trends

8.6.4.4.2. Growth Prospects

8.6.4.5. Taiwan

8.6.4.5.1. Market Opportunities and Trends

8.6.4.5.2. Growth Prospects

8.6.4.6. Thailand

8.6.4.6.1. Market Opportunities and Trends

8.6.4.6.2. Growth Prospects

8.6.4.7. Indonesia

8.6.4.7.1. Market Opportunities and Trends

8.6.4.7.2. Growth Prospects

8.6.4.8. Others

8.6.4.8.1. Market Opportunities and Trends

8.6.4.8.2. Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES 

10.1. Healthtronics, Inc.

10.2. Medtronic, PLC

10.3. Sonacare Medical

10.4. Boston Scientific Corporation

10.5. Edap TMS S.A.

10.6. Misonix, Inc.

10.7. Galil Medical, Inc.

10.8. Neuwave Medical, Inc.

10.9. Mermaid Medical A/S

10.10. Angiodynamics, Inc.

Healthtronics, Inc.

Medtronic, PLC

Sonacare Medical

Boston Scientific Corporation

Edap TMS S.A.

Misonix, Inc.

Galil Medical, Inc.

Neuwave Medical, Inc.

Mermaid Medical A/S

Angiodynamics, Inc.