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The Asia Pacific tumor ablation market is expected to be driven by the rising demand for the global market, which is anticipated to grow at a CAGR of 14.2% during the forecast period of 2024-2032 and is likely to reach a market value of USD 6.3 billion by 2032.
The increasing incidence of cancer and the growing preference for minimally invasive procedures are fuelling the demand for the market.
One of the significant trends in the market is the rising introduction of innovative tumor ablation technologies in healthcare settings. In November 2023, IceCure Medical Ltd., received approval from the Central Drugs Standard Control Organization (CDSCO) in India for its minimally invasive cryoablation technology ProSense® System based on the updated regulatory requirements.
Based on the technology, the market is segmented into radiofrequency ablation, microwave ablation, cryoablation, and irreversible electroporation ablation, among other ablation technologies.
By mode of treatment, the market is divided into surgical ablation, laparoscopic ablation, and percutaneous ablation.
End users of the market are hospitals and cancer specialty clinics, among others.
Major applications of tumor ablation include kidney cancer, liver cancer, breast cancer, lung cancer, prostate cancer, and bone cancer.
The market segmentation by countries includes Japan, India, ASEAN, and Australia, among others.
The key players in the market are EDAP TMS, Medtronic plc, Boston Scientific Corporation, AngioDynamics, Inc., Merit Medical Systems, Inc., Abbott, Hologic, Inc., HealthTronics, Inc., SonaCare Medical, IceCure Medical Ltd., and Monteris Medical Inc.
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Australia
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124