Oncology ablation is a minimally invasive surgical procedure to treat solid cancers. Special probes are used to burn or freeze cancers without the normal surgery. Computed Tomography (CT), Ultrasound (US), Magnetic Resonance Imaging (MRI) is used to guide and position the probe needle into the tumor. Radiofrequency ablation has 70 to 80% of success rate and most effective in people who have nerve blocks. The procedure can be repeated if required. Many market players are engaged in strategic initiatives such as innovative product launches for instance, BSD medical has received FDA approval for its oncology ablation device MicroThermX.
MARKET DYNAMICS
Oncology Ablation market is driving due to factors such as the technological advancements in the field of oncology ablation along with increased procedural safety profile, rising market demand of minimal invasive oncology ablation techniques, and increasing prevalence of cancer. However, factors such as, the unfavorable regulatory policies and cost containment measures adopted by various governments is expected to hamper the market growth.
MARKET SCOPE
The Oncology Ablation market analysis to 2028 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Oncology Ablation market with detailed market segmentation by technology and type of cancer. The Oncology Ablation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Oncology Ablation market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Oncology Ablation market is segmented on the basis of technology and type of cancer. Based on technology, the market is segmented as radiofrequency ablation, microwave ablation, cryoablation, ethanol ablation, irreversible electrophoresis (ire), laser ablation, ultrasound ablation. Based on type of cancer, market is segmented as lung cancer, liver cancer, breast cancer, kidney cancer, colorectal cancer, prostate cancer.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Oncology Ablation market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Oncology Ablation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Oncology Ablation market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Oncology Ablation market in these regions.
MARKET PLAYERS
The report covers key developments in the Oncology Ablation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Oncology Ablation market are anticipated to have lucrative growth opportunities in the future with the rising demand for Oncology Ablation in the global market. Below mentioned is the list of few companies engaged in the Oncology Ablation market.
The report also includes the profiles of key players in Oncology Ablation market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AngioDynamics
- Covidien
- Boston Scientific
- BSD Medical
- Galil Medical
- STARMed Co.
- Varian Medical Systems
- MedWaves Incorporated
- Accuray
- APRO KOREA
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