Discover trends, market shifts, and competitive outlooks for the tumor ablation industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Are the Key Milestones in the Tumor Ablation Market’s Growth Trajectory From 2025 To 2034?

In recent years, there has been quick expansion in the tumor ablation market size. It’s forecasted to surge from $1.45 billion in 2024 to $1.62 billion in 2025, displaying a compound annual growth rate (CAGR) of 12.1%. The remarkable growth during the historical period is linked to the refinement of more accurate and effective ablation methods, increased healthcare expenditure in developing economies, a demographic transition towards older populations, the escalating cancer burden, and an uplift in global cancer prevalence.

The market for tumor ablation is projected to experience a rapid expansion in the coming years, surging to a size of $2.54 billion in 2029 with an 11.8% compound annual growth rate (CAGR). This growth during the forecast period can be tied to a rise in cancer cases, the popularity of minimally invasive procedures, broadening applications, improved cost-effectiveness of healthcare, and an increase in awareness and education. The period is expected to witness major trends such as technological advances, ongoing progression in superior ablation technologies, the incorporation of artificial intelligence, a shift towards outpatient settings, and a patient-oriented approach.

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What Are the Major Market Drivers Behind the Rising Adoption of Tumor Ablation Market?

The tumor ablation market’s expansion is forecasted to be powered by the increasing popularity of minimally invasive procedures. These treatments involve either small incisions or no incisions at all. The demand for such procedures is surging because of their shorter recovery periods, lesser chances of complications, and decreased post-operative pain in comparison to conventional surgeries. Tumor ablation, a key component of these non-invasive procedures, works by destructing cancer cells while keeping the surrounding healthy tissue unharmed, further decreasing recovery duration. To exemplify, Intuitive Surgical Inc., a US-based robotic products manufacturer, installed 415 da Vinci surgical systems (robot-enabled surgical systems designed for minimally invasive surgeries) in the Q4 of 2023. This number marked a 12% increase from 2022. Thus, the rising popularity of minimally invasive procedures is positively influencing the progress of the tumor ablation market.

Which Primary Segments of the Tumor Ablation Market Are Driving Growth and Industry Transformations?

The tumor ablation market covered in this report is segmented –

1) By Type: Thermal Ablation, Chemical Ablation

2) By Types Of Treatment: Percutaneous, Laparoscopic, Surgical

3) By Application: Kidney Cancer, Liver Cancer, Breast Cancer, Lung Cancer, Prostate Cancer, Other Cancer

4) By End Users: Hospitals, Oncology Centers, Other End Users

Subsegments:

1) By Thermal Ablation: Radiofrequency Ablation (RFA), Microwave Ablation (MWA), Cryoablation, Laser Ablation, High-Intensity Focused Ultrasound (HIFU)

2) By Chemical Ablation: Ethanol Ablation, Acetic Acid Ablation, Chemotherapy-Based Ablation (Chemoembolization)

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Which Areas Are Leading Regions in the Tumor Ablation Market Expansion Across the Globe?

North America was the largest region in the tumor ablation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tumor ablation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which Technological Trends Are Reshaping the Tumor Ablation Industry Dynamics?

Pioneering organizations in the tumor ablation market are focusing on product innovation, such as the development of bone tumor ablation systems, to optimize treatment efficiency, augment patient results, and encompass a broader spectrum of treatable tumors. A bone tumor ablation system is a bespoke medical apparatus employed to address bone tumors via less invasive practices. For instance, Medtronic plc, an Ireland-oriented medical device enterprise, acquired U.S. Food and Drug Administration (FDA) 510(k) approval for its OsteoCool 2.0 bone tumor ablation system in March 2024. This enhanced system is purpose-built to manage painful bone metastases and benign bone tumors like osteoi osteoma. The OsteoCool 2.0 facilitates the concurrent usage of four internally cooled probes, granting medical experts the capacity to ablate two vertebral bodies simultaneously or generate more expansive ablation zones in extra-spinal applications. It outputs 20W per channel, which is over twice the power produced by the Stryker OptaBlate bone tumor ablation system.

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What Parameters Are Used to Define the Tumor Ablation Market?

Tumor ablation is a minimally invasive medical procedure used to destroy cancerous tissues. It involves the application of extreme heat, cold, or chemical agents directly to the tumor, causing cell death. This technique is often employed for small tumors or those in difficult-to-reach locations.

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