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The North America tumor ablation market was valued at USD 0.71 billion in 2023, driven by the rising prevalence and incidence of cancer in the region. The market is expected to grow at a CAGR of 12.30% during the forecast period of 2024-2032, with the values likely to rise from USD 0.79 billion in 2024 to USD 2.01 billion by 2032.
North America Tumor Ablation Market Size
North America Tumor Ablation Market Analysis
North America 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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The market attained a value of about USD 0.71 billion in 2023 driven by the rising prevalence and incidence of cancer in the region.
The market is anticipated to grow at a CAGR of 12.30% during the forecast period of 2024-2032, likely to reach a market value of USD 2.01 billion by 2032.
Technological innovations in tumor ablation systems and the rising preference for minimally invasive techniques are fuelling the demand for the market.
One of the significant trends in the market is the surge in approvals from health regulatory authorities such as the United States FDA. In March 2024 , Medtronic plc announced 501 (k) clearance for its bone tumor ablation system called OsteoCool 2.0. The upgraded design of the radiofrequency ablation system allows efficient treatment of benign bone tumors and painful bone metastases.
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 application areas of tumor ablation include liver cancer, lung cancer, kidney cancer, and bone metastasis, among others.
The market segmentation by countries includes the United States of America and Canada.
The key players in the market are Sonacare Medical, Medtronic Plc, EDAP TMS, Angiodynamics, Healthtronics, INC, Johnson & Johnson, Boston Scientific Corporation, Misonix, INC, and Biotronik.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
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.
+63-287-899-028, +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
+84-865-399-124