Industry: Medical Devices & Consumables
Published Date: 2025-11-02
Pages: 136 Pages
Report ld: 5350293
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Lung Tumor Ablation Market Size(US$)

CAGR 2025-2031
9.3%
Market Size,2031
USD 4,134
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Lung Tumor Ablation market is projected to grow from US$ 2237 million in 2024 to US$ 4134 million by 2031, at a CAGR of 9.3% (2025-2031), driven by critical product segments and diverse end‑use applications.
Lung tumor ablation is a minimally-invasive image-guided procedure (MIIP) to destroy the cancer without having to cut it out. Ablation can be an effective treatment option for patients who wish to avoid surgery or for whom surgery is not an option.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Includes:
This definitive report equips business leaders, decision-makers and stakeholders with a 360° view of the global Lung Tumor Ablation market across value chain. It analyzes historical revenue data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies market size, growth rates, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries, detailing dominant products, competitive landscape, and downstream demand trends.
Critical competitive intelligence profiles players—revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise Industry‑chain overview maps upstream, middlestream, and downstream distribution dynamics to identify strategic gaps and unmet demand.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the Lung Tumor Ablation study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Dissects the player landscape—ranks by revenue and profitability, details Player performance by product type and evaluates concentration alongside M&A moves.
Chapter 4: Unlocks high margin product segments—compares revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 5: Targets downstream market opportunities—evaluates market size by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 6: North America—breaks down market size by Type, by Application and country, profiles key players and assesses growth drivers and barriers.
Chapter 7: Europe—analyses regional market by Type, by Application and players, flagging drivers and barriers.
Chapter 8: Asia Pacific—quantifies market size by Type, by Application, and region/country, profiles top players, and uncovers high potential expansion areas.
Chapter 9: Central & South America—measures market size by Type, by Application, and country, profiles top players, and identifies investment opportunities and challenges.
Chapter 10: Middle East and Africa—evaluates market size by Type, by Application, and country, profiles key players, and outlines investment prospects and market hurdles
Chapter 11: Profiles players in depth—details product specs, revenue, margins; top-tier players 2024 sales breakdowns by product type, by Application, by region SWOT analysis, and recent strategic developments.
Chapter 12: Industry chain—analyses upstream, cost drivers, plus downstream channels.
Chapter 13: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 14: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 6–10) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 12) and customers (Chapter 5) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 3 and 11).
Capitalize on the projected billion‑dollar opportunity with data‑driven regional and segment tactics (Chapter 12-14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Introduction to Lung Tumor Ablation: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Lung Tumor Ablation Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Radiofrequency Ablation (RFA)
1.2.3 Microwave Ablation (MWA)
1.2.4 Cold Ablation
1.2.5 Others
1.3 Market Segmentation by Application
1.3.1 Global Lung Tumor Ablation Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Hospitals
1.3.3 Ambulatory Surgical Centers
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Lung Tumor Ablation Revenue Estimates and Forecasts 2020-2031
2.2 Global Lung Tumor Ablation Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020-2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.2.4 Emerging Market Focus: Growth Drivers & Investment Trends
3 Competition by Players
3.1 Global Lung Tumor Ablation Player Revenue Rankings and Profitability
3.1.1 Global Revenue (Value) by Players (2020-2025)
3.1.2 Global Key Player Revenue Ranking (2023 vs. 2024)
3.1.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
3.1.4 Gross Margin by Top Player (2020 VS 2024)
3.2 Global Lung Tumor Ablation Companies Headquarters and Service Footprint
3.3 Main Product Type Market Size by Players
3.3.1 Radiofrequency Ablation (RFA) Market Size by Players
3.3.2 Microwave Ablation (MWA) Market Size by Players
3.3.3 Cold Ablation Market Size by Players
3.3.4 Others Market Size by Players
3.4 Global Lung Tumor Ablation Market Concentration and Dynamics
3.4.1 Global Market Concentration (CR5 and HHI)
3.4.2 Entrant/Exit Impact Analysis
3.4.3 Strategic Moves: M&A, Expansion, R&D Investment
4 Global Product Segmentation Analysis
4.1 Global Lung Tumor Ablation Revenue Trends by Type
4.1.1 Global Historical and Forecasted Revenue by Type (2020-2031)
4.1.2 Global Revenue Market Share by Type (2020-2031)
4.2 Key Product Attributes and Differentiation
4.3 Subtype Dynamics: Growth Leaders, Profitability and Risk
4.3.1 High-Growth Niches and Adoption Drivers
4.3.2 Profitability Hotspots and Cost Drivers
4.3.3 Substitution Threats
5 Global Downstream Application Analysis
5.1 Global Lung Tumor Ablation Revenue by Application
5.1.1 Global Historical and Forecasted Revenue by Application (2020-2031)
5.1.2 Revenue Market Share by Application (2020-2031)
5.1.3 High-Growth Application Identification
5.1.4 Emerging Application Case Studies
5.2 Downstream Customer Analysis
5.2.1 Top Customers by Region
5.2.2 Top Customers by Application
6 North America
6.1 North America Market Size (2020-2031)
6.2 North America Key Players Revenue in 2024
6.3 North America Lung Tumor Ablation Market Size by Type (2020-2031)
6.4 North America Lung Tumor Ablation Market Size by Application (2020-2031)
6.5 North America Growth Accelerators and Market Barriers
6.6 North America Lung Tumor Ablation Market Size by Country
6.6.1 North America Revenue Trends by Country
6.6.2 US
6.6.3 Canada
6.6.4 Mexico
7 Europe
7.1 Europe Market Size (2020-2031)
7.2 Europe Key Players Revenue in 2024
7.3 Europe Lung Tumor Ablation Market Size by Type (2020-2031)
7.4 Europe Lung Tumor Ablation Market Size by Application (2020-2031)
7.5 Europe Growth Accelerators and Market Barriers
7.6 Europe Lung Tumor Ablation Market Size by Country
7.6.1 Europe Revenue Trends by Country
7.6.2 Germany
7.6.3 France
7.6.4 U.K.
7.6.5 Italy
7.6.6 Russia
8 Asia-Pacific
8.1 Asia-Pacific Market Size (2020-2031)
8.2 Asia-Pacific Key Players Revenue in 2024
8.3 Asia-Pacific Lung Tumor Ablation Market Size by Type (2020-2031)
8.4 Asia-Pacific Lung Tumor Ablation Market Size by Application (2020-2031)
8.5 Asia-Pacific Growth Accelerators and Market Barriers
8.6 Asia-Pacific Lung Tumor Ablation Market Size by Region
8.6.1 Asia-Pacific Revenue Trends by Region
8.7 China
8.8 Japan
8.9 South Korea
8.10 Australia
8.11 India
8.12 Southeast Asia
8.12.1 Indonesia
8.12.2 Vietnam
8.12.3 Malaysia
8.12.4 Philippines
8.12.5 Singapore
9 Central and South America
9.1 Central and South America Market Size (2020-2031)
9.2 Central and South America Key Players Revenue in 2024
9.3 Central and South America Lung Tumor Ablation Market Size by Type (2020-2031)
9.4 Central and South America Lung Tumor Ablation Market Size by Application (2020-2031)
9.5 Central and South America Investment Opportunities and Key Challenges
9.6 Central and South America Lung Tumor Ablation Market Size by Country
9.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
9.6.2 Brazil
9.6.3 Argentina
10 Middle East and Africa
10.1 Middle East and Africa Market Size (2020-2031)
10.2 Middle East and Africa Key Players Revenue in 2024
10.3 Middle East and Africa Lung Tumor Ablation Market Size by Type (2020-2031)
10.4 Middle East and Africa Lung Tumor Ablation Market Size by Application (2020-2031)
10.5 Middle East and Africa Investment Opportunities and Key Challenges
10.6 Middle East and Africa Lung Tumor Ablation Market Size by Country
10.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 GCC Countries
10.6.3 Israel
10.6.4 Egypt
10.6.5 South Africa
11 Corporate Profile
11.1 Medtronic
11.1.1 Medtronic Corporation Information
11.1.2 Medtronic Business Overview
11.1.3 Medtronic Lung Tumor Ablation Product Features and Attributes
11.1.4 Medtronic Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.1.5 Medtronic Lung Tumor Ablation Revenue by Product in 2024
11.1.6 Medtronic Lung Tumor Ablation Revenue by Application in 2024
11.1.7 Medtronic Lung Tumor Ablation Revenue by Geographic Area in 2024
11.1.8 Medtronic Lung Tumor Ablation SWOT Analysis
11.1.9 Medtronic Recent Developments
11.2 Olympus
11.2.1 Olympus Corporation Information
11.2.2 Olympus Business Overview
11.2.3 Olympus Lung Tumor Ablation Product Features and Attributes
11.2.4 Olympus Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.2.5 Olympus Lung Tumor Ablation Revenue by Product in 2024
11.2.6 Olympus Lung Tumor Ablation Revenue by Application in 2024
11.2.7 Olympus Lung Tumor Ablation Revenue by Geographic Area in 2024
11.2.8 Olympus Lung Tumor Ablation SWOT Analysis
11.2.9 Olympus Recent Developments
11.3 LungCare
11.3.1 LungCare Corporation Information
11.3.2 LungCare Business Overview
11.3.3 LungCare Lung Tumor Ablation Product Features and Attributes
11.3.4 LungCare Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.3.5 LungCare Lung Tumor Ablation Revenue by Product in 2024
11.3.6 LungCare Lung Tumor Ablation Revenue by Application in 2024
11.3.7 LungCare Lung Tumor Ablation Revenue by Geographic Area in 2024
11.3.8 LungCare Lung Tumor Ablation SWOT Analysis
11.3.9 LungCare Recent Developments
11.4 Broncus
11.4.1 Broncus Corporation Information
11.4.2 Broncus Business Overview
11.4.3 Broncus Lung Tumor Ablation Product Features and Attributes
11.4.4 Broncus Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.4.5 Broncus Lung Tumor Ablation Revenue by Product in 2024
11.4.6 Broncus Lung Tumor Ablation Revenue by Application in 2024
11.4.7 Broncus Lung Tumor Ablation Revenue by Geographic Area in 2024
11.4.8 Broncus Lung Tumor Ablation SWOT Analysis
11.4.9 Broncus Recent Developments
11.5 Intuitive Surgica
11.5.1 Intuitive Surgica Corporation Information
11.5.2 Intuitive Surgica Business Overview
11.5.3 Intuitive Surgica Lung Tumor Ablation Product Features and Attributes
11.5.4 Intuitive Surgica Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.5.5 Intuitive Surgica Lung Tumor Ablation Revenue by Product in 2024
11.5.6 Intuitive Surgica Lung Tumor Ablation Revenue by Application in 2024
11.5.7 Intuitive Surgica Lung Tumor Ablation Revenue by Geographic Area in 2024
11.5.8 Intuitive Surgica Lung Tumor Ablation SWOT Analysis
11.5.9 Intuitive Surgica Recent Developments
11.6 Auris Health
11.6.1 Auris Health Corporation Information
11.6.2 Auris Health Business Overview
11.6.3 Auris Health Lung Tumor Ablation Product Features and Attributes
11.6.4 Auris Health Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.6.5 Auris Health Recent Developments
11.7 Angiodynamics
11.7.1 Angiodynamics Corporation Information
11.7.2 Angiodynamics Business Overview
11.7.3 Angiodynamics Lung Tumor Ablation Product Features and Attributes
11.7.4 Angiodynamics Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.7.5 Angiodynamics Recent Developments
11.8 Boston Scientific
11.8.1 Boston Scientific Corporation Information
11.8.2 Boston Scientific Business Overview
11.8.3 Boston Scientific Lung Tumor Ablation Product Features and Attributes
11.8.4 Boston Scientific Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.8.5 Boston Scientific Recent Developments
11.9 Smith and Nephew
11.9.1 Smith and Nephew Corporation Information
11.9.2 Smith and Nephew Business Overview
11.9.3 Smith and Nephew Lung Tumor Ablation Product Features and Attributes
11.9.4 Smith and Nephew Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.9.5 Smith and Nephew Recent Developments
11.10 VISON Medical
11.10.1 VISON Medical Corporation Information
11.10.2 VISON Medical Business Overview
11.10.3 VISON Medical Lung Tumor Ablation Product Features and Attributes
11.10.4 VISON Medical Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.10.5 Company Ten Recent Developments
11.11 Nanjing MICRO-TECH
11.11.1 Nanjing MICRO-TECH Corporation Information
11.11.2 Nanjing MICRO-TECH Business Overview
11.11.3 Nanjing MICRO-TECH Lung Tumor Ablation Product Features and Attributes
11.11.4 Nanjing MICRO-TECH Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.11.5 Nanjing MICRO-TECH Recent Developments
11.12 TIPC
11.12.1 TIPC Corporation Information
11.12.2 TIPC Business Overview
11.12.3 TIPC Lung Tumor Ablation Product Features and Attributes
11.12.4 TIPC Lung Tumor Ablation Revenue and Gross Margin (2020-2025)
11.12.5 TIPC Recent Developments
12 Lung Tumor AblationIndustry Chain Analysis
12.1 Lung Tumor Ablation Industry Chain
12.2 Upstream Analysis
12.2.1 Upstream Key Suppliers
12.3 Middlestream Analysis
12.4 Downstream Sales Model and Distribution Networks
12.4.1 Sales Channels
12.4.2 Distributors
13 Lung Tumor Ablation Market Dynamics
13.1 Industry Trends and Evolution
13.2 Market Growth Drivers and Emerging Opportunities
13.3 Market Challenges, Risks, and Restraints
14 Key Findings in the Global Lung Tumor Ablation Study
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
15.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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