Global Tumor Ablation Market Size & Outlook, 2023-2030
Global tumor ablation market, 2018-2030 (US$M)
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Global tumor ablation market highlights
- The global tumor ablation market generated a revenue of USD 1,671.8 million in 2023 and is expected to reach USD 4,079.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.6% by 2030.
- In terms of segment, radiofrequency ablation accounted for a revenue of USD 585.2 million in 2023.
- Irreversible Electroporation is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,671.8 million |
| Market revenue in 2030 | USD 4,079.0 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency ablation |
| Fastest growing segment | Irreversible Electroporation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiofrequency Ablation, Microwave Ablation, Cryoablation, Irreversible Electroporation, Other Ablation Technologies |
Other key industry trends
- In terms of revenue, the North America accounted for 33.6% of the global tumor ablation market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 65.3 million by 2030.
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Tumor Ablation Market Scope
Tumor Ablation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global tumor ablation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tumor ablation market will help companies and investors design strategic landscapes.
Radiofrequency ablation was the largest segment with a revenue share of 35% in 2023. Horizon Databook has segmented the Global tumor ablation market based on radiofrequency ablation, microwave ablation, cryoablation, irreversible electroporation, other ablation technologies covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Tumor Ablation Technology Outlook (Revenue, USD Million, 2018-2030)
- Radiofrequency Ablation
- Microwave Ablation
- Cryoablation
- Irreversible Electroporation
- Other Ablation Technologies
- Global Tumor Ablation Treatment Outlook (Revenue, USD Million, 2018-2030)
- Surgical Ablation
- Laparescopic Ablation
- Percutaneous Ablation
- Global Tumor Ablation Application Outlook (Revenue, USD Million, 2018-2030)
- Kidney Cancer
- Liver Cancer
- Breast cancer
- Lung Cancer
- Prostate Cancer
- Other Cancer
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Our clientele includes a mix of tumor ablation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global tumor ablation market , including forecasts for subscribers. This global databook contains high-level insights into Global tumor ablation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global tumor ablation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Tumor ablation market size, 2023 (US$M)
Global tumor ablation market share, by technology, 2023 & 2030 (%, US$M)
Tumor ablation market: Opportunity assessment by country
Global tumor ablation market, by region, 2023 (US$M)
| Technology | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 355.2 | 384.4 | 313.6 | 388.4 | 501.7 | 562.0 | 630.6 | 708.9 | 798.3 | 900.6 | 1,017.8 | 1,152.3 | 1,306.8 | 12.8% |
| Europe | 245.7 | 265.8 | 216.8 | 268.4 | 346.6 | 388.2 | 435.4 | 489.3 | 550.9 | 621.3 | 701.9 | 794.4 | 900.6 | 12.8% |
| Asia Pacific | 237.2 | 261.6 | 217.4 | 274.2 | 360.8 | 411.6 | 470.3 | 538.4 | 617.3 | 709.0 | 815.7 | 940.0 | 1,085.2 | 14.9% |
| Latin America | 108.3 | 118.9 | 98.3 | 123.5 | 161.7 | 183.7 | 209.0 | 238.2 | 271.9 | 311.0 | 356.4 | 409.0 | 470.3 | 14.4% |
| MEA | 75.8 | 83.0 | 68.4 | 85.5 | 111.6 | 126.3 | 143.3 | 162.7 | 185.2 | 211.1 | 241.1 | 275.8 | 316.1 | 14.0% |
| Overall | 1,022.2 | 1,113.7 | 914.4 | 1,140.0 | 1,482.5 | 1,671.8 | 1,888.6 | 2,137.5 | 2,423.6 | 2,753.0 | 3,132.8 | 3,571.5 | 4,079.0 | 13.6% |
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