Microwave Ablation System Market Poised to Grow at a CAGR of 13.6% by 2024

Microwave Ablation System Market Poised to Grow at a CAGR of 13.6% by 2024


Infinium Global Research has added a new report on Microwave Ablation System Market. The report presents analysis of global as well as regional markets of microwave ablation system market over the period of 2016 to 2024.

The key factors responsible for the growth in this market includes increasing incidences of chronic diseases such as cancer and rising in geriatric population are responsible for driving growth in the microwave ablation system market. Old age people are more prone to develop tumors. Also microwave ablation systems are gaining popularity over conventional surgeries to treat or destroy cancerous cell, the use of ablation systems has many advantages over conventional surgeries that increases the demand for the microwave ablation system. However lack of awareness concerning microwave tissue ablation treatment and lack of skilled manpower acts as a hiccup to the market growth. Innovative technological advancements in ablation machines and developments in surgical techniques are expected to create growth opportunities in near future.

 

Geographically, North America has the highest market share in microwave ablation system market in 2017 while Europe is the second largest market. North America leads the market owing to increase in incidence of cancer among people mostly due to their consumption habits and presence of major leading manufacturers of microwave ablation system in this region. Asia pacific is expected to grow at highest CAGR during the forecast period owing to increase in healthcare infrastructure and rising awareness concerning treatment of tumors.

 

Leading companies catering into microwave ablation system are looking forward for organic as well as non-organic growth opportunities. In addition these companies are continuously focusing on improving productivity and efficiency, at the same time they are concentrating on cost reduction techniques to improve their profit margins.

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global microwave ablation system market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global microwave ablation system market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1355

 

 

The recent report identified that North America dominated the global microwave ablation system market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the microwave ablation system market worldwide.


The report segments the global microwave ablation system market on the basis of Product, Application, and End-User.

 

 

Global Microwave Ablation System Market by Product

·         Equipment

·         Consumables

 

Global Microwave Ablation System Market by Application

·         Oncology

·         Cardiovascular

·         Urology

·         Gynecology

·         Others

 

Global Microwave Ablation System Market by End-User

·         Ambulatory Surgical Centers

·         Hospitals

·         Others

 

Companies Profiled in the Report

·         Medtronic PLC

·         Angio Dynamics

·         Med Waves

·         Neu Wave Medical

·         Pearson Medical

·         Emblation microwave

·         Miramar labs

·         Symple Surgical

·         Urologix

 

About Infinium Global Research

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