Authored By: Sarah
11 Jul 2024

 Laparoscopic Ablation Market Size to grow by USD 1210.1 million between 2024-2028

According to a research report “ Laparoscopic Ablation Market” by Application (Cancer, Cardiovascular procedures, Urological procedures, Gynecological procedures, Others) Technique (Radiofrequency ablation, Microwave ablation, Cryoablation, Others) Geography (North America, Europe, Asia, Rest of World (ROW))- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1210.1 million, at a CAGR of  10.03% during the forecast period. The global burden of chronic diseases, including cancer, diabetes, and cardiovascular conditions, is on the rise, fueling the demand for advanced treatment modalities such as laparoscopic ablation. Cancer, a chronic disease characterized by uncontrolled cellular growth, is the second leading cause of death worldwide, with an estimated 19.3 million new cases and 10.1 million deaths in 2020. Major contributors to cancer include genetic mutations, environmental factors like tobacco use and pollution, and dietary patterns. The escalating prevalence of these risk factors has significantly increased the global cancer burden, necessitating innovative and effective treatment solutions. Laparoscopic ablation, a minimally invasive procedure, offers an attractive alternative to traditional surgical methods, making it a promising growth area in the healthcare industry.

Browse market data tables, figures, and in-depth TOC on “Laparoscopic Ablation Market” by Application (Cancer, Cardiovascular procedures, Urological procedures, Gynecological procedures, Others) Technique (Radiofrequency ablation, Microwave ablation, Cryoablation, Others) Geography (North America, Europe, Asia, Rest of World (ROW)) Global Forecast to 2028. Download Free Sample

 

By Application, the Cancer segment is projected to dominate the market size in 2024

In the realm of interventional pain management, Laparoscopic Radio Frequency Ablation (RFA) represents a minimally invasive technique for ablating nerve cells responsible for chronic pain. Employing radio waves under image-guided fluorescence devices, this method is indicated for various conditions such as spondylosis, sacroiliitis, tumors, and peripheral nerve pain in the neck, back, knee, and pelvic regions. Classified procedurally, RFA encompasses percutaneous, laparoscopic, and open surgical approaches. Laparoscopic RFA distinguishes itself as a preferred alternative to percutaneous RFA for ablating nerves in deeper sites or for patients unable to undergo resection. Notably, this technique is utilized for ablating tumors in subcapsular lesions, nodules adjacent to the diaphragm, and lesions in deep locations, all under the guidance of advanced imaging devices like Intra-Operative Laparoscopic Ultrasound (IOLUS).

By Technique, Radiofrequency ablation  segment is expected to hold the largest market size for the year 2024

In the realm of oncology, cancer represents a persistent disease condition characterized by the uncontrolled proliferation of abnormal cells. These cells can manifest as visible tumors or leukemia, infiltrating local tissues and spreading to various parts of the body via the circulatory and lymphatic systems. Factors contributing to cancer development include high alcohol consumption, obesity, poor nutrition, physical inactivity, and genetic predispositions. The treatment landscape for cancer is multifaceted, encompassing chemotherapy, hormone therapy, immunotherapy, precision medicine, radiation therapy, stem cell transplantation, targeted therapies, and surgical interventions. Among the minimally invasive surgical alternatives, laparoscopic ablation technologies, such as radiofrequency and microwave ablation, have emerged as safe and effective modalities for the destruction of tumor cells or tissues. These advanced techniques offer numerous advantages over traditional open surgical procedures, including reduced recovery time, minimal scarring, and improved patient outcomes.

North America is forecasted to hold the largest market size by region in 2024

The Laparoscopic Ablation Market represents a significant business opportunity for key players, driven by the increasing prevalence of various gastrointestinal and liver diseases. This market is characterized by advanced technologies, such as radiofrequency ablation and microwave ablation, offering minimally invasive procedures with faster recovery times and improved patient outcomes. Growing healthcare expenditures, coupled with rising demand for cost-effective and efficient treatments, are further fueling market expansion.

The Laparoscopic Ablation Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AngioDynamics Inc.
  • Balmer Medical SA
  • Bioventus LLC
  • Boston Scientific Corp.
  • Conmed Corp.
  • EDAP TMS
  • HealthTronics Inc.
  • Integra Lifesciences Corp.
  • Johnson and Johnson Services Inc.
  • Medtronic Plc
.

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Research Analysis Overview

The Laparoscopic ablation market is witnessing significant growth due to the increasing adoption of next-generation laparoscopic ablation techniques in various surgical procedures. These advanced techniques are increasingly being used in gynecological procedures, such as endometrial ablation, and urological procedures, such as renal ablation, for the treatment of chronic diseases like cancer. The use of electric current, laser, patches, and other laparoscopic ablation devices enables minimally invasive procedures, reducing the need for large incisions and hospital stays. Ambulatory Surgery Centers and Hospitals are increasingly adopting these procedures due to their cost-effectiveness and improved patient outcomes. The reimbursement scenario for laparoscopic ablation procedures varies depending on the specific procedure and the region. In the US, for instance, Medicare covers certain laparoscopic ablation procedures for cancer treatment. During the procedure, a doctor makes small incisions in the abdomen and inserts a laparoscopic ablation device, which includes a screen, camera, tools, and small tubes. Air is introduced into the belly to expand the abdominal cavity, allowing the doctor to access the organs and tissues. The ablation procedure is then performed using electric current, laser, or other methods to destroy the targeted tissue. Overall, the laparoscopic ablation market is expected to continue its growth trajectory due to the increasing demand for minimally invasive surgical procedures and the advancements in laparoscopic ablation technology.

Market Research Overview

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