The rise in cancer incidence rates around the world, strong demand for minimally invasive procedures, increased government financing in industrialized nations, and a favorable reimbursement environment for Interventional Oncology Ablation Market are all contributing to the market's expansion.
According to the World Health Organization, cancer is the second biggest cause of death worldwide, with 18.1 million new cases and 9.6 million deaths expected in 2018.
According to the American Cancer Society, there are expected to be 1,806,590 new cancer cases and 606,520 cancer deaths in the United States alone in 2020.
As a result, the growth of the interventional oncology devices market will be fueled by an increase in the global cancer incidence rate over the forecast period.
However, strict rules governing the use of medical devices may limit the market's growth to some extent.
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