The global market for Microwave Ablation Therapy Device was estimated to be worth US$ 604 million in 2024 and is forecast to a readjusted size of US$ 921 million by 2031 with a CAGR of 6.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Microwave Ablation Therapy Device cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global Microwave Ablation Therapy Device production reached approximately 6792 units, with an average global market price of around K US$ 88.9 per unit. A microwave ablation (MWA) therapy device is a minimally invasive tumor treatment system that utilizes high-frequency electromagnetic waves (typically 915MHz or 2450MHz) as an energy source. The device percutaneously inserts a coaxial microwave antenna (ablation needle) precisely into the center of the tumor tissue. The antenna generates a high-frequency alternating electric field in the surrounding area, causing polar molecules (primarily water molecules) within the tissue to undergo rapid friction and collisions. This rapidly generates localized high temperatures of 60-150°C, leading to irreversible coagulative necrosis of tumor cells. The necrotic tissue is eventually absorbed by the body, achieving the goal of "in-situ inactivation" of the tumor.
The prevailing market view is that microwave ablation is entering a period of rapid development as a key modality in interventional oncology. Key drivers include the increasing number of early-stage patients due to the popularization of early cancer screening, the growing acceptance of minimally invasive treatment concepts, and the clinical demand for larger and more uniform ablation zones. Future competition will extend beyond mere power specifications to intelligent surgical planning, real-time multi-dimensional treatment assessment (e.g., fusion imaging), and integration with surgical robotics. Manufacturers capable of providing integrated solutions encompassing image navigation, energy control, and treatment evaluation will secure a lasting competitive advantage.
This report aims to provide a comprehensive presentation of the global market for Microwave Ablation Therapy Device, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Microwave Ablation Therapy Device by region & country, by Type, and by Application.
The Microwave Ablation Therapy Device market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microwave Ablation Therapy Device.
Market Segmentation
By Company
- Medtronic
- Johnson & Johnson
- Varian (Siemens)
- Nanjing ECO Medical Technology
- Suzhou Baird Medical
- AngioDynamics
- Nanjing Canyon Medical
- Terumo
- Emblation
- Beijing Surgnova Healthcare Technologies
- Beijing Hygea Medical Technology
- Nanjing Devon Medical
- Suzhou Hengrui Medical
Segment by Type
- Multi-channel Therapy Device
- Single-channel Therapy Device
Segment by Application
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Microwave Ablation Therapy Device manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Microwave Ablation Therapy Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Microwave Ablation Therapy Device in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Microwave Ablation Therapy Device Product Introduction
- 1.2 Global Microwave Ablation Therapy Device Market Size Forecast
- 1.2.1 Global Microwave Ablation Therapy Device Sales Value (2020-2031)
- 1.2.2 Global Microwave Ablation Therapy Device Sales Volume (2020-2031)
- 1.2.3 Global Microwave Ablation Therapy Device Sales Price (2020-2031)
- 1.3 Microwave Ablation Therapy Device Market Trends & Drivers
- 1.3.1 Microwave Ablation Therapy Device Industry Trends
- 1.3.2 Microwave Ablation Therapy Device Market Drivers & Opportunity
- 1.3.3 Microwave Ablation Therapy Device Market Challenges
- 1.3.4 Microwave Ablation Therapy Device Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Microwave Ablation Therapy Device Players Revenue Ranking (2024)
- 2.2 Global Microwave Ablation Therapy Device Revenue by Company (2020-2025)
- 2.3 Global Microwave Ablation Therapy Device Players Sales Volume Ranking (2024)
- 2.4 Global Microwave Ablation Therapy Device Sales Volume by Company Players (2020-2025)
- 2.5 Global Microwave Ablation Therapy Device Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Microwave Ablation Therapy Device Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Microwave Ablation Therapy Device Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Microwave Ablation Therapy Device
- 2.9 Microwave Ablation Therapy Device Market Competitive Analysis
- 2.9.1 Microwave Ablation Therapy Device Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Microwave Ablation Therapy Device Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microwave Ablation Therapy Device as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Multi-channel Therapy Device
- 3.1.2 Single-channel Therapy Device
- 3.2 Global Microwave Ablation Therapy Device Sales Value by Type
- 3.2.1 Global Microwave Ablation Therapy Device Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Microwave Ablation Therapy Device Sales Value, by Type (2020-2031)
- 3.2.3 Global Microwave Ablation Therapy Device Sales Value, by Type (%) (2020-2031)
- 3.3 Global Microwave Ablation Therapy Device Sales Volume by Type
- 3.3.1 Global Microwave Ablation Therapy Device Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Microwave Ablation Therapy Device Sales Volume, by Type (2020-2031)
- 3.3.3 Global Microwave Ablation Therapy Device Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Microwave Ablation Therapy Device Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Hospital
- 4.1.2 Clinic
- 4.2 Global Microwave Ablation Therapy Device Sales Value by Application
- 4.2.1 Global Microwave Ablation Therapy Device Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Microwave Ablation Therapy Device Sales Value, by Application (2020-2031)
- 4.2.3 Global Microwave Ablation Therapy Device Sales Value, by Application (%) (2020-2031)
- 4.3 Global Microwave Ablation Therapy Device Sales Volume by Application
- 4.3.1 Global Microwave Ablation Therapy Device Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Microwave Ablation Therapy Device Sales Volume, by Application (2020-2031)
- 4.3.3 Global Microwave Ablation Therapy Device Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Microwave Ablation Therapy Device Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Microwave Ablation Therapy Device Sales Value by Region
- 5.1.1 Global Microwave Ablation Therapy Device Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Microwave Ablation Therapy Device Sales Value by Region (2020-2025)
- 5.1.3 Global Microwave Ablation Therapy Device Sales Value by Region (2026-2031)
- 5.1.4 Global Microwave Ablation Therapy Device Sales Value by Region (%), (2020-2031)
- 5.2 Global Microwave Ablation Therapy Device Sales Volume by Region
- 5.2.1 Global Microwave Ablation Therapy Device Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Microwave Ablation Therapy Device Sales Volume by Region (2020-2025)
- 5.2.3 Global Microwave Ablation Therapy Device Sales Volume by Region (2026-2031)
- 5.2.4 Global Microwave Ablation Therapy Device Sales Volume by Region (%), (2020-2031)
- 5.3 Global Microwave Ablation Therapy Device Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Microwave Ablation Therapy Device Sales Value, 2020-2031
- 5.4.2 North America Microwave Ablation Therapy Device Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Microwave Ablation Therapy Device Sales Value, 2020-2031
- 5.5.2 Europe Microwave Ablation Therapy Device Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Microwave Ablation Therapy Device Sales Value, 2020-2031
- 5.6.2 Asia Pacific Microwave Ablation Therapy Device Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Microwave Ablation Therapy Device Sales Value, 2020-2031
- 5.7.2 South America Microwave Ablation Therapy Device Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Microwave Ablation Therapy Device Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Microwave Ablation Therapy Device Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Microwave Ablation Therapy Device Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Microwave Ablation Therapy Device Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Microwave Ablation Therapy Device Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Microwave Ablation Therapy Device Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Microwave Ablation Therapy Device Sales Value, 2020-2031
- 6.3.2 United States Microwave Ablation Therapy Device Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Microwave Ablation Therapy Device Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Microwave Ablation Therapy Device Sales Value, 2020-2031
- 6.4.2 Europe Microwave Ablation Therapy Device Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Microwave Ablation Therapy Device Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Microwave Ablation Therapy Device Sales Value, 2020-2031
- 6.5.2 China Microwave Ablation Therapy Device Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Microwave Ablation Therapy Device Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Microwave Ablation Therapy Device Sales Value, 2020-2031
- 6.6.2 Japan Microwave Ablation Therapy Device Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Microwave Ablation Therapy Device Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Microwave Ablation Therapy Device Sales Value, 2020-2031
- 6.7.2 South Korea Microwave Ablation Therapy Device Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Microwave Ablation Therapy Device Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Microwave Ablation Therapy Device Sales Value, 2020-2031
- 6.8.2 Southeast Asia Microwave Ablation Therapy Device Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Microwave Ablation Therapy Device Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Microwave Ablation Therapy Device Sales Value, 2020-2031
- 6.9.2 India Microwave Ablation Therapy Device Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Microwave Ablation Therapy Device Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Medtronic
- 7.1.1 Medtronic Company Information
- 7.1.2 Medtronic Introduction and Business Overview
- 7.1.3 Medtronic Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Medtronic Microwave Ablation Therapy Device Product Offerings
- 7.1.5 Medtronic Recent Development
- 7.2 Johnson & Johnson
- 7.2.1 Johnson & Johnson Company Information
- 7.2.2 Johnson & Johnson Introduction and Business Overview
- 7.2.3 Johnson & Johnson Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Johnson & Johnson Microwave Ablation Therapy Device Product Offerings
- 7.2.5 Johnson & Johnson Recent Development
- 7.3 Varian (Siemens)
- 7.3.1 Varian (Siemens) Company Information
- 7.3.2 Varian (Siemens) Introduction and Business Overview
- 7.3.3 Varian (Siemens) Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Varian (Siemens) Microwave Ablation Therapy Device Product Offerings
- 7.3.5 Varian (Siemens) Recent Development
- 7.4 Nanjing ECO Medical Technology
- 7.4.1 Nanjing ECO Medical Technology Company Information
- 7.4.2 Nanjing ECO Medical Technology Introduction and Business Overview
- 7.4.3 Nanjing ECO Medical Technology Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Nanjing ECO Medical Technology Microwave Ablation Therapy Device Product Offerings
- 7.4.5 Nanjing ECO Medical Technology Recent Development
- 7.5 Suzhou Baird Medical
- 7.5.1 Suzhou Baird Medical Company Information
- 7.5.2 Suzhou Baird Medical Introduction and Business Overview
- 7.5.3 Suzhou Baird Medical Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Suzhou Baird Medical Microwave Ablation Therapy Device Product Offerings
- 7.5.5 Suzhou Baird Medical Recent Development
- 7.6 AngioDynamics
- 7.6.1 AngioDynamics Company Information
- 7.6.2 AngioDynamics Introduction and Business Overview
- 7.6.3 AngioDynamics Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 AngioDynamics Microwave Ablation Therapy Device Product Offerings
- 7.6.5 AngioDynamics Recent Development
- 7.7 Nanjing Canyon Medical
- 7.7.1 Nanjing Canyon Medical Company Information
- 7.7.2 Nanjing Canyon Medical Introduction and Business Overview
- 7.7.3 Nanjing Canyon Medical Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Nanjing Canyon Medical Microwave Ablation Therapy Device Product Offerings
- 7.7.5 Nanjing Canyon Medical Recent Development
- 7.8 Terumo
- 7.8.1 Terumo Company Information
- 7.8.2 Terumo Introduction and Business Overview
- 7.8.3 Terumo Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Terumo Microwave Ablation Therapy Device Product Offerings
- 7.8.5 Terumo Recent Development
- 7.9 Emblation
- 7.9.1 Emblation Company Information
- 7.9.2 Emblation Introduction and Business Overview
- 7.9.3 Emblation Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Emblation Microwave Ablation Therapy Device Product Offerings
- 7.9.5 Emblation Recent Development
- 7.10 Beijing Surgnova Healthcare Technologies
- 7.10.1 Beijing Surgnova Healthcare Technologies Company Information
- 7.10.2 Beijing Surgnova Healthcare Technologies Introduction and Business Overview
- 7.10.3 Beijing Surgnova Healthcare Technologies Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Beijing Surgnova Healthcare Technologies Microwave Ablation Therapy Device Product Offerings
- 7.10.5 Beijing Surgnova Healthcare Technologies Recent Development
- 7.11 Beijing Hygea Medical Technology
- 7.11.1 Beijing Hygea Medical Technology Company Information
- 7.11.2 Beijing Hygea Medical Technology Introduction and Business Overview
- 7.11.3 Beijing Hygea Medical Technology Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Beijing Hygea Medical Technology Microwave Ablation Therapy Device Product Offerings
- 7.11.5 Beijing Hygea Medical Technology Recent Development
- 7.12 Nanjing Devon Medical
- 7.12.1 Nanjing Devon Medical Company Information
- 7.12.2 Nanjing Devon Medical Introduction and Business Overview
- 7.12.3 Nanjing Devon Medical Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Nanjing Devon Medical Microwave Ablation Therapy Device Product Offerings
- 7.12.5 Nanjing Devon Medical Recent Development
- 7.13 Suzhou Hengrui Medical
- 7.13.1 Suzhou Hengrui Medical Company Information
- 7.13.2 Suzhou Hengrui Medical Introduction and Business Overview
- 7.13.3 Suzhou Hengrui Medical Microwave Ablation Therapy Device Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Suzhou Hengrui Medical Microwave Ablation Therapy Device Product Offerings
- 7.13.5 Suzhou Hengrui Medical Recent Development
8 Industry Chain Analysis
- 8.1 Microwave Ablation Therapy Device Industrial Chain
- 8.2 Microwave Ablation Therapy Device Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Microwave Ablation Therapy Device Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Microwave Ablation Therapy Device Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer