PUBLISHER: Value Market Research | PRODUCT CODE: 1274346
PUBLISHER: Value Market Research | PRODUCT CODE: 1274346
The global demand for Microwave Ablation Market is presumed to reach the market size of nearly USD 2295.06 MN by 2030 from USD 360.58 MN in 2022 with a CAGR of 26.03% under the study period 2023 - 2030.
Microwave ablation procedure helps place a narrow microwave antenna directly into the tumour once cancer has been localized using imaging guidance. The microwave generator emits electromagnetic waves through the portion of the antenna that is not protected by insulation. Greater tumour ablation amount, shorter ablation periods, improved convection profiles, and greater intra-tumoral temperatures are the main advantages of microwave ablation technology. This is especially in comparison with previously used thermo ablative technologies, including radiofrequency ablation.
Microwave ablation devices are expected to become more widespread in the near future due to technical advancements and a rising interest in minimally invasive procedures. The global rise in liver, lung, bone, and kidney cancer cases is responsible for the market's expansion. Moreover, it is projected that an increase in the number of procedures utilizing the image-guided device will fuel market growth. Nevertheless, the market isn't growing because of the expensive equipment and surgeons' preference for radiofrequency ablation (RFA) technology over MWA equipment. However, once microwave ablation technology has reached its full potential, it is hoped that subsequent advancements & other clinical applications will improve the care of patients with life-threatening illnesses like cancer.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of microwave ablation. The growth and trends of microwave ablation industry provide a holistic approach to this study.
This section of the microwave ablation market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Microwave Ablation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the microwave ablation market include Angio Dynamics, Medtronic PLC, Emblation microwave, Huber+Suhner, Johnson & Johnson Services Inc., MedWaves Inc., Symple Surgical, Mermaid Medical, Varian Medical Systems, Inc., Terumo Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.