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Pulished Date April, 2021
ID: 433
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Latin America Tumor Ablation Market Research Report – Segmented By Technology, Treatment, Application & Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 433
Pages: 136

Latin America Tumor Ablation Market Size (2021 to 2026)

The size of the Latin American tumor ablation market is estimated to be worth USD 0.08 billion by 2026 from USD 0.05 Billion in 2021, growing at a CAGR of 12.9% from 2021 to 2026.

The Latin American Tumor Ablation market is expected to be driven by the proliferation of cancer and the rising demand for minimally- and non-invasive therapies across the region. Also, the growing awareness among the people about safer therapeutics options positively influences the market growth. 

The tumor ablation provides various benefits to the surgeons. The advantages offered are minimal pain and risk to the patient upon repeated administrators. Furthermore, the senior population in Latin America is majorly witnessing significant growth in tumor ablation, as the aging population is vulnerable to various cancer and diabetes. Moreover, the increasing investments & funding by the government and private organizations for the development of the healthcare sector provides a way for the new market entrants. 

In addition, the technological advancements in tumor ablation ensure better services to the patients as it reduces the hospital stay and ensures cost-effectiveness. Furthermore, the ongoing research and development activities by the major leading players in the market significantly influence market growth and provide lucrative opportunities for the market players to introduce new products into the market.

However, stringent regulatory guidelines and some of the therapeutic challenges related to the ablation procedures restrict the Tumor ablation market growth in Latin America. 

This research report on the Latin American tumor ablation market has been segmented and sub-segmented into the following categories:

By Technology: 

  • Radiofrequency Ablation Devices
  • Microwave Ablation Devices
  • Cryoablation Devices
  • Other Ablation Devices

By Treatment: 

  • Surgical Ablation
  • Laparoscopic Ablation
  • Percutaneous Ablation

By Application: 

  • Liver Cancer
  • Breast Cancer
  • Lung Cancer
  • Prostrate Metastasis
  • Other Cancer

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

The Latin American Tumor ablation market is anticipated to witness a considerable share in the global market during the forecast period. Improving healthcare sectors, favorable reimbursement policies, and increasing healthcare expenditure are fuelling the market growth. In addition, over the years, the demand for minimally invasive surgeries has been increasing owing to the prevalence of cancer rates in the region. Also, the developing countries in the region, such as Brazil and Mexico, contribute to Latin American regional market growth.

Over the forecast period, the Brazilian tumor ablation market has dominated the tumor ablation market, and it is likely to continue its domination during the forecast period. Brazil has witnessed technological advancements in the healthcare sector due to favorable reimbursement policies and supportive government incentives and investments. Moreover, the growing awareness among the people about the benefits of ablation procedures over conventional surgical procedures is witnessing rapid growth in the market.

On the other hand, the Mexican tumor ablation market is projected to showcase a promising share in the tumor ablation market in the coming years. the market growth is anticipated to be fuelled by the emergence of various technologically advanced devices, the increase in the investments by the manufacturers in R&D activities and rising cancer prevalence rate. 


A few of the noteworthy companies in the Latin American tumor ablation market profiled in this report are Medtronic Plc., Boston Scientific Corporation, Angiodynamics, Mermaid Medical, HealthTronics, Galil Medical Inc., EDAP TMS S.A., SonaCare Medical, Misonix, Inc. and Neuwave Medical, Inc.

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 By Technology                                           

                                5.1.1 Radiofrequency Ablation Devices                 

                                5.1.2 Microwave Ablation Devices                           

                                5.1.3 Cryoablation Devices                          

                                5.1.4 Other Ablation Devices                      

                5.2 By Treatment                                            

                                5.2.1 Surgical Ablation                   

                                5.2.2 Laparoscopic Ablation                        

                                5.2.3 Percutaneous Ablation                      

                5.3 By Application                                           

                                5.3.1 Liver Cancer                            

                                5.3.2 Breast Cancer                        

                                5.3.3 Lung Cancer                            

                                5.3.4 Prostrate Metastasis                          

                                5.3.5 Other Cancers                       

6. Geographical Analysis                                                              

                                6.1 Introduction                               

                                6.2 Brazil                             

                                6.3 Mexico                         

                                6.4 Argentina                    

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8. Market Leaders' Analysis                                                        

                8.1 Medtronic Plc.                                           

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations                            

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                             

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Angiodynamics                                         

                8.3 Mermaid Medical                                    

                8.4 HealthTronics                                            

                8.5 Galil Medical Inc.                                      

                8.6 EDAP TMS S.A.                                          

                8.7 Boston Scientific Corporation                                             

                8.8 SonaCare Medical                                    

                8.9 Misonix, Inc.                                              

                8.10 Neuwave Medical, Inc.                                       

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10. Expert Opinions                                                        

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 


                a) List of Tables                                

                b) List of Figures                                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Tumor Ablation Market By Region, From 2021 to 2026 (USD Million)
  2. Latin America Tumor Ablation Market By Technology, From 2021 to 2026 (USD Million)
  3. Latin America Radiofrequency Ablation Devices Market By Region, From 2021 to 2026 (USD Million)
  4. Latin America Microwave Ablation Devices Market By Region, From 2021 to 2026 (USD Million)
  5. Latin America Cryoablation Devices Market By Region, From 2021 to 2026 (USD Million)
  6. Latin America other Ablation Devices Market By Region, From 2021 to 2026 (USD Million)
  7. Latin America Tumor Ablation Market By Treatment, From 2021 to 2026 (USD Million)
  8. Latin America Surgical Ablation Market By Region, From 2021 to 2026 (USD Million)
  9. Latin America Laparoscopic Ablation Market By Region, From 2021 to 2026 (USD Million)
  10. Latin America Percutaneous Ablation Market By Region, From 2021 to 2026 (USD Million)
  11. Latin America Tumor Ablation Market By Application, From 2021 to 2026 (USD Million)
  12. Latin America Liver Cancer Market By Region, From 2021 to 2026 (USD Million)
  13. Latin America Breast Cancer Market By Region, From 2021 to 2026 (USD Million)
  14. Latin America Lung Cancer Market By Region, From 2021 to 2026 (USD Million)
  15. Latin America Prostrate Metastasis Market By Region, From 2021 to 2026 (USD Million)
  16. Latin America other cancer Market By Region, From 2021 to 2026 (USD Million)
  17. Brazil Tumor Ablation Market By Technology, From 2021 to 2026 (USD Million)
  18. Brazil Tumor Ablation Market By Treatment, From 2021 to 2026 (USD Million)
  19. Brazil Tumor Ablation Market By Application, From 2021 to 2026 (USD Million)
  20. Argentina Tumor Ablation Market By Technology, From 2021 to 2026 (USD Million)
  21. Argentina Tumor Ablation Market By Treatment, From 2021 to 2026 (USD Million)
  22. Argentina Tumor Ablation Market By Application, From 2021 to 2026 (USD Million)
  23. Mexico Tumor Ablation Market By Technology, From 2021 to 2026 (USD Million)
  24. Mexico Tumor Ablation Market By Treatment, From 2021 to 2026 (USD Million)
  25. Mexico Tumor Ablation Market By Application, From 2021 to 2026 (USD Million)

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