Market Overview:
The global tissue ablation products market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of cancer, technological advancements in tissue ablation products, and rising demand for minimally invasive surgeries. Based on type, the photonic/laser-based systems segment is expected to account for the largest share of the global tissue ablation products market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The growth in this segment can be attributed to technological advancements that have led to increased adoption of laser-based systems for various applications such as general surgery, aesthetic surgery, gynaecology, and oncology. Based on application, general surgery is expected to account for the largest share of the global tissue ablation products market in 2018.
Product Definition:
Tissue Ablation Products are products used to remove or destroy tissue. They are often used to treat cancer, but can also be used for other purposes such as removing a tattoo.
Photonic/Laser-based Systems:
The global photonic/laser-based systems, it's usage and growth factor in tissue ablation products market size was valued at USD 1.8 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for minimally invasive surgical procedures with improved efficacy & safety coupled with technological advancements is anticipated to drive the market growth over the forecast period.
Microwave Ablation Systems:
The microwave ablation systems are used for the treatment of various diseases and conditions such as skin tags, warts, lesions, tumors and other slow-growing or fast-growing tissues. The microwave ablation system consists of a special kind of energy source which is called microwaves. These microwaves are generated by high power transmitters (RF). The RF sends out these microwaves which penetrate into the target tissue at a very specific frequency.
Application Insights:
The general surgery segment dominated the market in 2017 and is expected to witness lucrative growth over the forecast period. This can be attributed to increasing number of general surgeries being performed worldwide. For instance, as per a study published by WHO in 2018, around 1.3 million general surgeries are performed every year globally with majority of them taking place in low-income and middle-income countries.
Aesthetic surgery is another promising segment owing to rise in demand for aesthetic procedures among individuals across the globe especially those living in developed economies such as North America and Europe where there has been significant increase in disposable income levels among consumers coupled with an increase focus on personal appearance due to social acceptance towards new trends such as plastic surgery which further encourages people about opting for aesthetic procedures resultingantly driving up product demand globally each year since its introduction nearly a decade ago till date.-(Ref.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of players, high adoption rate of advanced technologies, and availability of well-developed healthcare infrastructure. Moreover, increasing prevalence rates for cancer and other diseases are expected to boost product demand during the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period due to rising medical tourism in emerging countries such as India & China and growing awareness about available treatment options. In addition, supportive government initiatives aimed at promoting medical tourism are anticipated to further propel regional growth during the projected timeframe.
The key companies operating in this region include Hitachi, Ltd.; Fujitsu Ltd.; Toshiba Corporation; Philips Healthcare; Koninklijke Philips N.V.; Siemens Healthineers AG; Carestream Health Inc.; Becton Dickinson And Company (BD) India Pvt.,Ltd.
Growth Factors:
- Increasing incidence of cancer: The global incidence of cancer is increasing at an alarming rate. This is expected to drive the demand for tissue ablation products as they are used for the treatment of various types of cancers.
- Technological advancements: Tissue ablation products are constantly being upgraded with new and innovative technologies, which is resulting in better patient outcomes. This is likely to fuel the growth of this market in the coming years.
- Rising awareness about minimally invasive procedures: There has been a rise in awareness among patients about minimally invasive procedures such as tissue ablation, which has led to an increase in their demand over traditional surgical methods.
- Growing number of clinical applications: Tissue ablation products are finding increasing application in a number of clinical areas such as oncology, cardiology, and urology among others due to their superior efficacy and safety profile compared to other treatment options available currently.. This will spur market growth during the forecast period.. 5) Emerging markets offer significant potential for growth: The emerging markets offer significant potential for growth owing to factors such as rising healthcare expenditure, growing population base, and improving healthcare infrastructure
Scope Of The Report
Report Attributes
Report Details
Report Title
Tissue Ablation Products Market Research Report
By Type
Photonic/Laser-based Systems, Microwave Ablation Systems, Radiation Therapy Systems, Cryotherapy Systems, Others
By Application
General Surgery, Aesthetic Surgery, Gynaecology, Oncology, Others
By Companies
Cynosure, Elekta, Hologic, Abbott Laboratories, Medtronic, Spectranetics, Alcon (Novartis), Arthrocare (Smith & Nephew), Medtronic, Accuray, Cynosure, Lumenis, Abbott, Varian Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Tissue Ablation Products Market Report Segments:
The global Tissue Ablation Products market is segmented on the basis of:
Types
Photonic/Laser-based Systems, Microwave Ablation Systems, Radiation Therapy Systems, Cryotherapy Systems, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
General Surgery, Aesthetic Surgery, Gynaecology, Oncology, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cynosure
- Elekta
- Hologic
- Abbott Laboratories
- Medtronic
- Spectranetics
- Alcon (Novartis)
- Arthrocare (Smith & Nephew)
- Medtronic
- Accuray
- Cynosure
- Lumenis
- Abbott
- Varian Medical
Highlights of The Tissue Ablation Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Photonic/Laser-based Systems
- Microwave Ablation Systems
- Radiation Therapy Systems
- Cryotherapy Systems
- Others
- By Application:
- General Surgery
- Aesthetic Surgery
- Gynaecology
- Oncology
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tissue Ablation Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tissue ablation products are medical devices that use heat, radiofrequency energy, or a combination of both to destroy tissue.
Some of the key players operating in the tissue ablation products market are Cynosure, Elekta, Hologic, Abbott Laboratories, Medtronic, Spectranetics, Alcon (Novartis), Arthrocare (Smith & Nephew), Medtronic, Accuray, Cynosure, Lumenis, Abbott, Varian Medical.
The tissue ablation products market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tissue Ablation Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tissue Ablation Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tissue Ablation Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tissue Ablation Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tissue Ablation Products Market Size & Forecast, 2020-2028
4.5.1 Tissue Ablation Products Market Size and Y-o-Y Growth
4.5.2 Tissue Ablation Products Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Photonic/Laser-based Systems
5.2.2 Microwave Ablation Systems
5.2.3 Radiation Therapy Systems
5.2.4 Cryotherapy Systems
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 General Surgery
6.2.2 Aesthetic Surgery
6.2.3 Gynaecology
6.2.4 Oncology
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tissue Ablation Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tissue Ablation Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Photonic/Laser-based Systems
9.6.2 Microwave Ablation Systems
9.6.3 Radiation Therapy Systems
9.6.4 Cryotherapy Systems
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 General Surgery
9.10.2 Aesthetic Surgery
9.10.3 Gynaecology
9.10.4 Oncology
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Photonic/Laser-based Systems
10.6.2 Microwave Ablation Systems
10.6.3 Radiation Therapy Systems
10.6.4 Cryotherapy Systems
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 General Surgery
10.10.2 Aesthetic Surgery
10.10.3 Gynaecology
10.10.4 Oncology
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Photonic/Laser-based Systems
11.6.2 Microwave Ablation Systems
11.6.3 Radiation Therapy Systems
11.6.4 Cryotherapy Systems
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 General Surgery
11.10.2 Aesthetic Surgery
11.10.3 Gynaecology
11.10.4 Oncology
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Photonic/Laser-based Systems
12.6.2 Microwave Ablation Systems
12.6.3 Radiation Therapy Systems
12.6.4 Cryotherapy Systems
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 General Surgery
12.10.2 Aesthetic Surgery
12.10.3 Gynaecology
12.10.4 Oncology
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Photonic/Laser-based Systems
13.6.2 Microwave Ablation Systems
13.6.3 Radiation Therapy Systems
13.6.4 Cryotherapy Systems
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 General Surgery
13.10.2 Aesthetic Surgery
13.10.3 Gynaecology
13.10.4 Oncology
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tissue Ablation Products Market: Competitive Dashboard
14.2 Global Tissue Ablation Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cynosure
14.3.2 Elekta
14.3.3 Hologic
14.3.4 Abbott Laboratories
14.3.5 Medtronic
14.3.6 Spectranetics
14.3.7 Alcon (Novartis)
14.3.8 Arthrocare (Smith & Nephew)
14.3.9 Medtronic
14.3.10 Accuray
14.3.11 Cynosure
14.3.12 Lumenis
14.3.13 Abbott
14.3.14 Varian Medical
