Philippines Tumor Ablation Market Size & Outlook

The tumor ablation market in Philippines is expected to reach a projected revenue of US$ 18.2 million by 2030. A compound annual growth rate of 13.8% is expected of Philippines tumor ablation market from 2024 to 2030.
Revenue, 2023 (US$M)
$7.4
Forecast, 2030 (US$M)
$18.2
CAGR, 2024 - 2030
13.7%
Report Coverage
Philippines

Philippines tumor ablation market, 2018-2030 (US$M)

Philippines

Philippines tumor ablation market highlights

  • The Philippines tumor ablation market generated a revenue of USD 7.4 million in 2023 and is expected to reach USD 18.2 million by 2030.
  • The Philippines market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
  • In terms of segment, radiofrequency ablation was the largest revenue generating technology in 2023.
  • Cryoablation is the most lucrative technology segment registering the fastest growth during the forecast period.

Tumor ablation market data book summary

Market revenue in 2023USD 7.4 million
Market revenue in 2030USD 18.2 million
Growth rate13.8% (CAGR from 2023 to 2030)
Largest segmentRadiofrequency ablation
Fastest growing segmentCryoablation
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRadiofrequency Ablation, Microwave Ablation, Cryoablation, Irreversible Electroporation, Other Ablation Technologies
Key market players worldwideMedtronic 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, Philippines accounted for 0.4% 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 Asia Pacific, Japan tumor ablation market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 230.3 million by 2030.

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Tumor Ablation Market Companies

Name Profile # Employees HQ Website

Philippines 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 56.76% in 2023. Horizon Databook has segmented the Philippines 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.


  • Philippines Tumor Ablation Technology Outlook (Revenue, USD Million, 2018-2030)
    • Radiofrequency Ablation
    • Microwave Ablation
    • Cryoablation
    • Irreversible Electroporation
    • Other Ablation Technologies
  • Philippines Tumor Ablation Treatment Outlook (Revenue, USD Million, 2018-2030)
    • Surgical Ablation
    • Laparescopic Ablation
    • Percutaneous Ablation
  • Philippines 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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Target buyers of Philippines tumor ablation market databook

  • Our clientele includes a mix of tumor ablation market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the Philippines tumor ablation market , including forecasts for subscribers. This country databook contains high-level insights into Philippines tumor ablation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Philippines tumor ablation market size, by technology, 2018-2030 (US$M)

Philippines Tumor Ablation Market Outlook Share, 2023 & 2030 (US$M)

Philippines tumor ablation market size, by technology, 2018-2030 (US$M)

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