Germany Tumor Ablation Market Size & Outlook, 2023-2030
Germany tumor ablation market, 2018-2030 (US$M)
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Germany tumor ablation market highlights
- The Germany tumor ablation market generated a revenue of USD 89.3 million in 2023 and is expected to reach USD 210.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 13% from 2024 to 2030.
- In terms of segment, radiofrequency ablation was the largest revenue generating technology in 2023.
- Other Ablation Technologies is the most lucrative technology segment registering the fastest growth during the forecast period.
Tumor ablation market data book summary
| Market revenue in 2023 | USD 89.3 million |
| Market revenue in 2030 | USD 210.2 million |
| Growth rate | 13% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency ablation |
| Fastest growing segment | Other Ablation Technologies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiofrequency Ablation, Microwave Ablation, Cryoablation, Irreversible Electroporation, Other Ablation Technologies |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, Johnson & Johnson, AngioDynamics Inc, Bioventus Inc Class A, Edap TMS SA ADR, Mermaid Medical, Chongqing Haifu Technology, HealthTronics, H.S. Hospital Service |
Other key industry trends
- In terms of revenue, Germany accounted for 5.3% of the global tumor ablation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany tumor ablation market is projected to lead the regional market in terms of revenue in 2030.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 65.6 million by 2030.
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Tumor Ablation Market Scope
Tumor Ablation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 34.49% in 2023. Horizon Databook has segmented the Germany 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.
Germany’s healthcare system is considered the pioneering one in public health support, with the oldest national social health insurance system. Schemes such as Statutory Health Insurance are strengthening healthcare infrastructure, facilitating people to undergo advanced treatment, thereby increasing the demand for tumor ablation procedures and devices.
The country’s cancer screening program follows a decentralized system, wherein mid to lower-level managers make most of the decisions. The program involves maintenance of stringent quality standards by medical specialists.
New government initiatives being undertaken to improve the quality of healthcare are expected to aid in market growth. Germany has a lucrative environment for technologically innovative startups.
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Target buyers of Germany tumor ablation market databook
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Our clientele includes a mix of tumor ablation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany tumor ablation market , including forecasts for subscribers. This country databook contains high-level insights into Germany tumor ablation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany tumor ablation market size, by technology, 2018-2030 (US$M)
Germany Tumor Ablation Market Outlook Share, 2023 & 2030 (US$M)
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