Tumor Ablation Market Size, Share, Growth And Profitability Analysis ForecastPosted by Neha Bora on January 17th, 2020 San Francisco, 17 January 2020: The Report Tumor Ablation Market Size, Share & Trend Analysis By Technology (Radiofrequency, Microwave), By Treatment (Surgical, Laparoscopic) By Application (Liver Cancer), And Segment Forecasts, 2019 – 2026 The global tumor ablation market size is anticipated to reach USD 2.41 billion by 2026, according to a new report by Grand View Research, Inc. The market is estimated to witness a healthy CAGR of 11.12% during the forecast period. Increasing cancer incidence across the globe is the key driver for this market. About 13.0% of the population suffers from cancer each year, as per the statistics by the World Health Organization (WHO). Furthermore, the increase in the adoption of minimally invasive procedures owing to benefits such as less trauma, speedy recovery, and faster recovery of these procedures is anticipated to further propel the market growth. The increasing demand for minimally invasive surgeries coupled with technological advancement in the thermal ablation field is anticipated to boost market growth. For instance, Usage of cooled radiofrequency denervation technique, a procedure that uses radiofrequency thermal energy to ablate sensory nerve fibers of the sacroiliac joint, with internally cooled radiofrequency probes to enlarge the size of the lesion. Similarly, in February 2015, SonaCare Medical LLC launched Sonalink - a remote patient monitoring platform, that can be used during HIFU procedures. In addition, the rising per capita income, especially in developing countries, is anticipated to increase the adoption of advanced ablation techniques, thus driving the market growth. Supportive government initiatives for creating awareness about various cancer types is expected to facilitate usage of tumor ablation therapy. For instance, September is declared as National Prostate Cancer Awareness Month, for spreading awareness regarding prostate cancer in the U.S. Access Research Report of Tumor Ablation Market @ https://www.grandviewresearch.com/industry-analysis/tumor-ablation-market Further Key Findings from the Study Suggest:
Grand View Research has segmented the global tumor ablation market on the basis of technology, treatment, application, and region:
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