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Europe Tumor Ablation Market

Cancer Clinics

Updated on Jul 29, 2019

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Overview:

In the year 2018, Europe Tumor Ablation Market was valued at USD 0.14 Million. By the year 2023, it is expected to reach USD 0.24 Million at pace of 11.6% CAGR.

Tumors are the groups of abnormal cells that accumulate together and form lumps which will be growing consistently. Minimally invasive method is used to evacuate tumor cells or tissues. Computed Tomography (CT), Magnetic Resonance Imaging (MRI), and Ultrasound are some of the equipments are used to treat or diagnosis the tumor diseases.

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Underlying Causes

The growth for Tumor Ablation market is driven due to factors like rising prevalence and incidences of cancers and other chronic diseases, increasing geriatric population, growing demand for minimally invasive surgeries, and rising healthcare expenditure. In addition, increasing awareness of ablation procedure among people, advancement of technologies in medical sector, and well-established healthcare infrastructures are expected to drive the market growth. However, stringent government policies, high cost of treatments, and challenges associated to ablation procedures are the restraining factors which are expected to hinder the growth rate for Europe Tumor Ablation Market during the forecast period.

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Geographic Segmentation:

Based on geography the Europe Tumor Ablation market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe is the second largest market for tumor ablation market due to increasing prevalence of cancer diseases, government initiatives to remote the treatment of cancer by ablation therapy, and growing adoption of minimally invasive procedures are the driving factors in this region.

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Key Players:

Leading companies for Europe Tumor Ablation market are Angiodynamics, Mermaid Medical, HealthTronics, Galil Medical Inc., EDAP TMS S.A., Medtronic Plc., Boston Scientific Corporation, SonaCare Medical, Misonix, Inc. and Neuwave Medical, Inc.

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