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Tumor Ablation Market by Technology (Radiofrequency, Microwave, Cryoablation, IRE, Ultrasound, Laser), Mode of Treatment (Surgical, Laparoscopic, Percutaneous), Application (Liver, Lung, Kidney, Bone Metastasis, Prostate, Breast) - Global Forecast 2021

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Date: 05-Oct-2016
No. of pages: 183
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The global tumor ablation market is estimated to register a high CAGR of 12.5% during 2016-2021, and is expected to be valued at ~USD580.1 million in2021. Although mature markets (North America and Europe) held large shares of the tumor ablation market in 2016, the Asia-Pacific region is projected to register the highest growth during the next five years. A number of factors such as technological advancements in the field of tumor ablation focused on enhancing effectiveness and safety of the treatment, rising demand of minimal invasive tumor ablation techniques, increasing prevalence of cancer across the globe, and growing public-private initiatives and funding to support R&D activities in tumor ablation are propelling the growth of the market. However, factors such as unfavorable regulatory policies and cost-containment measures adopted by various governments are restraining the optimal market growth.

On the basis of technology, the global tumor ablation market is divided into four major categories, namely, radiofrequency ablation, microwave ablation, cry ablation, and others (includes electrical, laser/light, ultrasound). Based on mode of treatment, the tumor ablation market is segmented into surgical mode, laparoscopic mode, and percutaneous mode. On the basis of application of tumor ablation, the market is categorized into liver cancer, lung cancer, kidney/renal cancer, bone metastasis, and others (includes tumor ablation for the treatment of prostate, breast, colorectal, thyroid, pancreas, neuroendocrine, head, neck, and lumbar-vertebra cancer).

Geographically, North America is estimated to command the largest share of the global tumor ablation market in 2016, followed by Europe. The high prevalence and incidence of major types of cancer (such as liver, lung, kidney, and bone metastasis) in the region, rising inclination of patients towards minimally invasive procedures for cancer treatment, and increasing government funding for cancer research are market drivers in North America. However, unsupportive government policies, limited availability of medical reimbursements in the U.S., and cost-containment measures adopted by governments in the U.S. and Canada are negatively affecting the growth of the tumor ablation market in this region.

The tumor ablation market is fairly competitive, with a large number of global and local manufacturers of tumor ablation solutions. Medtronic plc (Ireland), Angio Dynamics, Inc. (U.S.), and HealthTronics, Inc. (U.S.) were the top three players in the tumor ablation market in 2015. New product launches and product enhancements; acquisitions; geographic expansions; and partnerships, agreements, and collaborations are the major strategies adopted by most players to achieve growth in the tumor ablation market.

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This report studies tumor ablation market based on technologies, modes of treatment, and applications. The report also studies, factors (such as drivers, restraints, opportunities, and challenges) which positively and negatively affect market growth. It analyzes opportunities and challenges in the market for stakeholders, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes the micro markets with respect to their individual growth trends, future prospects, and contributions to the total market.

Tumor Ablation Market by Technology (Radiofrequency, Microwave, Cryoablation, IRE, Ultrasound, Laser), Mode of Treatment (Surgical, Laparoscopic, Percutaneous), Application (Liver, Lung, Kidney, Bone Metastasis, Prostate, Breast) - Global Forecast 2021

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Limitations
1.5 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary
3.1 Introduction
3.2 History, Evolution, and Current Scenario
3.3 Future Outlook
3.4 Conclusion

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Market, By Technology
5.2.2 Market, By Mode of Treatment
5.3.3 Market, By Application
5.3 Market Evolution
5.4 Market Dynamics
5.4.1 Key Market Drivers
5.4.1.1 Growing Geriatric Population Across the World
5.4.1.2 Increasing Population Base for Cancer Patients
5.4.1.3 Technological Advancements in Ablation Devices
5.4.1.4 Sprouting Number of Hospitals, Surgical, and Ablation Centers
5.4.2 Key Market Restraints
5.4.2.1 Cost Containment Measures Taken By Various Governments
5.4.2.2 Ongoing Healthcare Reforms in the U.S.
5.4.3 Key Market Opportunities
5.4.3.1 Growth Potential Offered By Emerging Markets
5.4.3.2 Growing Awareness About Ablation Procedures Over Conventional Therapeutic and Surgical Procedures
5.4.4 Key Market Challenges
5.4.4.1 Stringent Regulatory Guidelines Leading to Significant Increase in Gestation Period of Product Launches

6 Industry Insights
6.1 Introduction
6.2 Value Chain Analysis
6.3 Industry Trends
6.3.1 Growing Adoption Rate of Radiofrequency-Based Tumor Ablation Procedures
6.3.2 Microwave Technology to Be the Fastest Growing Segment in Overall Tumor Ablation Businesses
6.4 Porter's Five Forces Analysis
6.4.1 Threat From New Entrants
6.4.2 Threat From Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Intensity of Competitive Rivalry

7 Tumor Ablation Market, By Technology
7.1 Introduction
7.2 Radiofrequency (RF) Ablation
7.3 Microwave Ablation
7.4 Cryoablation
7.5 Other Technologies*

8 Tumor Ablation Market, By Mode of Treatment
8.1 Introduction
8.2 Surgical Ablation
8.3 Laparoscopic Ablation
8.4 Percutaneous Ablation

9 Tumor Ablation Market, By Application
9.1 Introduction
9.2 Liver Cancer
9.3 Lung Cancer
9.4 Kidney Cancer
9.5 Bone Metastasis
9.6 Others**

10 Tumor Ablation Market, By Region
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 Italy
10.3.2 Germany
10.3.3 France
10.3.4 U.K.
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Rest of Asia-Pacific
10.5 Rest of the World (RoW)

11 Competitive Landscape
11.1 Introduction
11.2 Market Share Analysis, By Key Players
11.3 Competitive Scenario
11.4 Recent Developments
11.4.1 New Products Launches and Product Enhancements
11.4.2 Agreements, Partnerships, and Agreements
11.4.3 Mergers and Acquisitions
11.4.4 Geographic Expansions
11.4.5 Other Developments

12 Company Profiles
12.1 Introduction
12.1.1 Geographic Benchmarking
12.1.2 Strategic Benchmarking
12.2 Medtronic, PLC.
12.2.1 Company Overview
12.2.2 MnM Overview
12.2.3 Medtronic, PLC: Company Snapshot
12.2.4 Product Portfolio
12.2.5 Recent Developments (2014-2015)
12.3 Angiodynamics, Inc.
12.3.1 Company Overview
12.3.2 MnM Overview
12.3.3 Angiodynamics, Inc.: Company Snapshot
12.3.4 Product Portfolio
12.3.5 Recent Developments (2014-2015)
12.4 Healthtronics, Inc.
12.4.1 Company Overview
12.4.2 MnM Overview
12.4.3 Boston Scientific Corporation: Company Snapshot
12.4.4 Product Portfolio
12.4.5 Recent Developments (2014-2015)
12.5 Galil Medical, Inc.
12.5.1 Company Overview
12.5.2 MnM Overview
12.5.3 Endo International PLC: Company Snapshot
12.5.4 Product Portfolio
12.5.5 Recent Developments (2014-2015)
12.6 Boston Scientific Corporation
12.6.1 Company Overview
12.6.2 MnM Overview
12.6.3 Product Portfolio
12.6.4 Recent Developments (2014-2015)
12.7 Neuwave Medical, Inc.
12.7.1 Company Overview
12.7.3 Edap Tms S.A.: Company Snapshot
12.7.4 Product Portfolio
12.7.5 Recent Developments (2014-2015)
12.8 Edap Tms S.A.
12.8.1 Company Overview
12.8.2 Product Portfolio
12.8.3 Recent Developments (2014-2015)
12.9 Mermaid Medical A/S
12.9.1 Company Overview
12.9.2 Product Portfolio
12.9.3 Recent Developments (2014-2015)
12.10 Sonacare Medical, LLC
12.10.1 Company Overview
12.10.2 Misonix, Inc.: Company Snapshot
12.10.3 Product Portfolio
12.10.4 Recent Developments (2014-2015)
12.11 Misonix, Inc.
12.11.1 Company Overview
12.11.2 Product Portfolio
12.11.3 Recent Developments (2014-2015)

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Introducing RT: Real Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports

List of Tables

Table 1 Global Tumor Ablation Market Size, By Technology, 2014-2021 (USD Million)
Table 2 Market Size for Radiofrequency Ablation Technologies, By Region, 2014-2021 (USD Million)
Table 3 Market Size for Microwave Ablation Technology, By Region, 2014-2021 (USD Million)
Table 4 Market Size for Cryoablation Technology, By Region, 2014-2021 (USD Million)
Table 5 Market Size for Other Technologies, By Region, 2014-2021 (USD Million)
Table 6 Global Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 7 Market Size for Surgical Ablation Treatment, By Region, 2014-2021 (USD Million)
Table 8 Market Size for Laparoscopic Ablation Treatment, By Region, 2014-2021 (USD Million)
Table 9 Market Size for Percutaneous Ablation Treatment, By Region, 2014-2021 (USD Million)
Table 10 Global Market Size, By Application, 2014-2021 (USD Million)
Table 11 Market Size for Liver Cancer Ablation, By Region, 2014-2021 (USD Million)
Table 12 Market Size for Lung Cancer Ablation, By Region, 2014-2021 (USD Million)
Table 13 Market Size for Kidney Cancer Ablation, By Region, 2014-2021 (USD Million)
Table 14 Market Size for Bone Metastasis Ablation, By Region, 2014-2021 (USD Million)
Table 15 Market Size for Other Applications, By Region, 2014-2021 (USD Million)
Table 16 Market Size, By Region, 2014-2021 (USD Million)
Table 17 North American Market Size, By Country, 2014-2021 (USD Million)
Table 18 North American Market Size, By Technology, 2014-2021 (USD Million)
Table 19 North American Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 20 North American Market Size, By Application, 2014-2021 (USD Million)
Table 21 U.S.: Market Size, By Technology, 2014-2021 (USD Million)
Table 22 U.S.: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 23 U.S.: Market Size, By Application, 2014-2021 (USD Million)
Table 24 Canada: Market Size, By Technology, 2014-2021 (USD Million)
Table 25 Canada: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 26 Canada: Market Size, By Application, 2014-2021 (USD Million)
Table 27 European Market Size, By Country, 2014-2021 (USD Million)
Table 28 European Market Size, By Technology, 2014-2021 (USD Million)
Table 29 European Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 30 European Market Size, By Application, 2014-2021 (USD Million)
Table 31 Italy: Market Size, By Technology, 2014-2021 (USD Million)
Table 32 Italy: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 33 Italy: Market Size, By Application, 2014-2021 (USD Million)
Table 34 Germany: Market Size, By Technology, 2014-2021 (USD Million)
Table 35 Germany: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 36 Germany: Market Size, By Application, 2014-2021 (USD Million)
Table 37 France: Market Size, By Technology, 2014-2021 (USD Million)
Table 38 France: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 39 France: Market Size, By Application, 2014-2021 (USD Million)
Table 40 U.K.: Market Size, By Technology, 2014-2021 (USD Million)
Table 41 U.K.: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 42 U.K.: Market Size, By Application, 2014-2021 (USD Million)
Table 43 Spain: Market Size, By Technology, 2014-2021 (USD Million)
Table 44 Spain: Market Size, By Mode of Treatment, 2014-2021 (USD Million
Table 45 Spain: Market Size, By Application, 2014-2021 (USD Million)
Table 46 Rest of Europe: Market Size, By Technology, 2014-2021 (USD Million)
Table 47 Rest of Europe: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 48 Rest of Europe: Market Size, By Application, 2014-2021 (USD Million)
Table 49 Asia-Pacific Market Size, By Country, 2014-2021 (USD Million)
Table 50 Asia-Pacific Market Size, By Technology, 2014-2021 (USD Million)
Table 51 Asia-Pacific Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 52 Asia-Pacific Market Size, By Application, 2014-2021 (USD Million)
Table 53 Japan: Market Size, By Technology, 2014-2021 (USD Million)
Table 54 Japan: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 55 Japan: Market Size, By Application, 2014-2021 (USD Million)
Table 56 China: Market Size, By Technology, 2014-2021 (USD Million)
Table 57 China: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 58 China: Market Size, By Application, 2014-2021 (USD Million)
Table 59 India: Market Size, By Technology, 2014-2021 (USD Million)
Table 60 India: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 61 India: Market Size, By Application, 2014-2021 (USD Million)
Table 62 Rest of Asia-Pacific: Market Size, By Technology, 2014-2021 (USD Million)
Table 63 Rest of Asia-Pacific: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 64 Rest of Asia-Pacific: Market Size, By Application, 2014-2021 (USD Million)
Table 65 RoW: Market Size, By Technology, 2014-2021 (USD Million)
Table 66 RoW: Market Size, By Mode of Treatment, 2014-2021 (USD Million)
Table 67 RoW: Market Size, By Application, 2014-2021 (USD Million)
Table 68 Top 5 New Product Launches and Product Enhancements, 2013–2016
Table 69 Top 5 Agreements, Partnerships, and Collaborations, 2013–2016
Table 70 Top 5 Geographical Expansions, 2013–2016
Table 71 Top 5 Mergers and Acquisitions, 2013–2016
Table 72 Top 5 Other Developments, 2013–2016

List of Figures

Figure 1 Research Design
Figure 2 Data Triangulation
Figure 3 North America to Hold Largest Share of  Market During the Forecast Period
Figure 4 RF Ablation to Lead the Revenue Growth of Tumor Ablation Technology Market During 2016-2021
Figure 5 Microwave Ablation Technology to Grow at Fastest CAGR During Study Period
Figure 6 North America to Dominate Surgical Tumor Ablation Treatment Market Till 2021
Figure 7 Liver Cancer to Lead Tumor Ablation Application Market During Forecast Period
Figure 8 Rise in Target Patient Population to Propel the Market Growth of Liver Cancer Ablation in APAC
Figure 9 Increasing Geriatric Population Across Key Mature and Emerging Nations
Figure 10 Worldwide Prevalence of Cancer – Expected Trend Till 2020
Figure 11 Market, By Technology: Expected Trend During 2016-2021
Figure 12 Market Share: RF Ablation Technology Market, By Region (2016)
Figure 13 Market Share: Microwave Ablation Technology Market, By Region (2016)
Figure 14 Market Share: Cryoablation Technology Market, By Region (2065)
Figure 15 Market Share: Other Ablation Technologies Market, By Region (2016)
Figure 16 Market, By Mode of Treatment: Expected Trend During 2016-2021
Figure 17 Market Share: Surgical Ablation Treatment Market, By Region (2016)
Figure 18 Market Share: Laparoscopic Ablation Treatment Market, By Region (2016)
Figure 19 Market Share: Percutaneous Ablation Treatment Market, By Region (2016)
Figure 20 Market, By Application: Expected Trend During 2016-2021
Figure 21 Market Share: Liver Cancer Ablation Market, By Region (2016)
Figure 22 Market Share: Lung Cancer Ablation Market, By Region (2016)
Figure 23 Market Share: Kidney Cancer Ablation Market, By Region (2016)
Figure 24 Market Share: Bone Metastasis Ablation Market, By Region (2016)
Figure 25 Market Share: Other Applications Market, By Region (2016)
Figure 26 Key Market Drivers for Global Market (2016-2021)
Figure 27 North America: Market, Expected Trend (2016 vs 2021)
Figure 28 North America: Market Share, By Technology, 2016
Figure 29 U.S.: Key Market Drivers for Market (2016-2021)
Figure 30 U.S.: Market Share, By Technology (2016)
Figure 31 U.S.: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 32 U.S.: Tumor Ablation Market Share, By Application (2016)
Figure 33 Canada: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 34 Canada: Tumor Ablation Market Share, By Technology (2016)
Figure 35 Canada: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 36 Canada: Tumor Ablation Market Share, By Application (2016)
Figure 37 Europe: Tumor Ablation Market, Expected Trend (2016 vs 2021)
Figure 38 Eu-5: Tumor Ablation Market Share, By Technology, 2016
Figure 39 Italy: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 40 Italy: Tumor Ablation Market Share, By Technology (2016)
Figure 41 Italy: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 42 Italy: Tumor Ablation Market Share, By Application (2016)
Figure 43 Germany: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 44 Germany: Tumor Ablation Market Share, By Technology (2016)
Figure 45 Germany: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 46 Germany: Tumor Ablation Market Share, By Application (2016)
Figure 47 France: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 48 France: Tumor Ablation Market Share, By Technology (2016)
Figure 49 France: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 50 France: Tumor Ablation Market Share, By Application (2016)
Figure 51 U.K.: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 52 U.K.: Tumor Ablation Market Share, By Technology (2016)
Figure 53 U.K.: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 54 U.K.: Tumor Ablation Market Share, By Application (2016)
Figure 55 Spain: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 56 Spain: Tumor Ablation Market Share, By Technology (2016)
Figure 57 Spain: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 58 Spain: Tumor Ablation Market Share, By Application (2016)
Figure 59 RoE: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 60 RoE: Tumor Ablation Market Share, By Technology (2016)
Figure 61 RoE: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 62 RoE: Tumor Ablation Market Share, By Application (2016)
Figure 63 Asia-Pacific: Tumor Ablation Market, Expected Trend (2016 vs 2021)
Figure 64 Asia-Pacific: Tumor Ablation Market Share, By Technology, 2016
Figure 65 Japan: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 66 Japan: Tumor Ablation Market Share, By Technology (2016)
Figure 67 Japan: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 68 Japan: Tumor Ablation Market Share, By Application (2016)
Figure 69 China: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 70 China: Tumor Ablation Market Share, By Technology (2016)
Figure 71 China: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 72 China: Tumor Ablation Market Share, By Application (2016)
Figure 73 India: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 74 India: Tumor Ablation Market Share, By Technology (2016)
Figure 75 India: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 76 India: Tumor Ablation Market Share, By Application (2016)
Figure 77 RoAPAC: Key Market Drivers for Tumor Ablation Market (2016-2021)
Figure 78 RoAPAC: Tumor Ablation Market Share, By Technology (2016)
Figure 79 RoAPAC: Tumor Ablation Market Share, By Mode of Treatment (2016)
Figure 80 RoAPAC: Tumor Ablation Market Share, By Application (2016)
Figure 81 RoW: Tumor Ablation Market, Expected Trend (2016 vs 2021)
Figure 82 RoW: Tumor Ablation Market Share, By Technology, 2016
Figure 83 Market Share Analysis: Medtronic, PLC to Lead Tumor Ablation Market Till 2021
Figure 84 Majority of Leading Players Focused on Product Development as Key Growth Strategy to Expand Their Market Share During Study Period
Figure 85 Top 4 Players Generated More Than 3/5th of Their Tumor Ablation Revenue From Americas
Figure 86 Technological Development and Product Enhancement is the Key Strategy Pursued By Top Players to Increase Their Tumor Ablation Market Revenue

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