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Global tumor ablation market worth $1.2 billion by 2023

Press releases may be edited for formatting or style | October 03, 2017 Rad Oncology
DUBLIN, October 3, 2017 /PRNewswire/ -- The "Global Tumor Ablation Market Forecast & Regional Analysis 2023" report has been added to Research and Markets' offering.

The overall market opportunity for Tumor ablation therapy is expected to surpass US$ 1.2 Billion by 2023.

The tumor ablation therapy segment has shown impressive improvements since it was first accepted as a therapeutic with current tumor ablation being more advanced and accurate, further causing much lesser trauma to patient. It also shows faster recovery and lesser time than the other existing invasive procedures. The tumor ablation therapy is widely being accepted as a minimally invasive cancer therapeutic, which has thus led to the formation of a whole new market based on tumor ablation with global research and development contributing immensely in the growth and expansion of the market. Further, innovation in the resources and technology required in the tumor ablation has opened up ample opportunities for various pharmaceutical and electronics company to work for the betterment of the currently available technology for tumor ablation.
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Over the years, tumor ablation therapy market has shown immense improvements in all of its segments. Our analysis clearly indicates that tumor ablation technology and devices market is currently the most profitable market leading all other ablation segments with major contribution from the radiofrequency ablation technology. The early and timely introduction of radiofrequency ablation technology, when an effective alternative for tumor surgery was required has been the prime reason for its dominance in the tumor ablation therapy market.

The high success rate of tumor ablation has been one of the promoting factors of the novel therapeutic, thus making it one of the most preferable tumor therapies where other therapeutics might not be feasible for multiple reasons. The tumor ablation technique has been used for the treatment of various types of cancer such as liver cancer, lung cancer, prostate cancer, colorectal cancer etc.

The ongoing technical innovations have made tumor ablation procedure safe and painless with impressive results during and after treatment. With rising awareness in the healthcare industry all over the world, cancer ablation is steadily getting popular as one of the most preferred method of cancer therapy for various types of cancer. Hospitals and healthcare centers realize the immense potential that cancer ablation therapy has, thus providing the facility to their patients which would further help in promoting the therapeutic.

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