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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Middle East and Africa Tumor Ablation Market Size
The global tumor ablation market was valued at USD 1.9 billion in 2023, with the Middle East and Africa holding a significant market share. The market is driven by the rising incidence of cancer. It is expected to grow at a CAGR of 14.2% during the forecast period of 2024-2032, with the values likely to attain USD 6.3 billion by 2032.
Middle East and Africa Tumor Ablation Market Outlook
- Recent data reveals that the number of new cancer cases in Saudi Arabia is estimated to reach 60,429 by 2040 . The rising incidence of cancer is expected to directly impact the market demand.
- The market share is influenced by the increased government initiatives aimed at improving cancer care and treatment access. For instance, in August 2023, a Memorandum of Understanding was signed in Abuja (Nigeria) to tackle the rising cancer burden and improve cancer care.
- One of the major Middle East and Africa tumor ablation market trends is the increasing introduction of advanced ablation techniques in healthcare facilities. In January 2023, Tawam Hospital in the United Arab Emirates announced that they performed a thyroid radiofrequency and microwave ablation procedure for the first time to treat a patient with a large compressive benign thyroid nodule.
Middle East and Africa Tumor Ablation Market Report Snapshots
Middle East and Africa Tumor Ablation Market Size
Middle East and Africa Tumor Ablation Market Analysis
Middle East and Africa Tumor Ablation Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Middle East and Africa 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 rising incidence of cancer and advancements in tumor ablation techniques are fuelling the demand for the market.
One of the significant trends in the market is the rising introduction of advanced ablation techniques in healthcare facilities to treat cancer. In January 2023, Tawam Hospital in the United Arab Emirates announced that they performed a microwave ablation and thyroid radiofrequency procedure to treat a patient with large compressive benign thyroid nodule.
Based on the technology, the market is segmented into radiofrequency (RF) ablation, microwave ablation, cryoablation, and irreversible electroporation, among others.
By mode of treatment, the market is divided into surgical ablation, laparoscopic ablation, and percutaneous ablation, among others.
End users of the market are hospitals, clinics and specialty centers, among others.
Major applications of the market include liver cancer, lung cancer, kidney cancer, and bone metastasis, among others.
The market segmentation by countries includes Saudi Arabia, the United Arab Emirates, Nigeria, and South Africa, among others.
The key players in the market are Medtronic Plc, AngioDynamics, Mermaid Medical, HealthTronics, Galil Medical Inc., EDAP TMS S.A., Boston Scientific Corporation, SonaCare Medical, Misonix, Inc., and NeuWave Medical, Inc.
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