Tumor Treating Fields Market is estimated to be valued at USD 445.6 Mn in 2025 and is expected to reach USD 1,221.9 Mn by 2032, growing at a compound annual growth rate (CAGR) of 15.5% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 445.6 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
15.50%
2032 Value Projection:
USD 1,221.9 Mn
Tumor treating field (TTF) therapy is a novel and innovative cancer treatment that utilizes electric fields to disrupt the division of cancer cells. This therapy, also known as alternating electric field therapy, has shown promising results in the management of various types of tumors, including glioblastoma, mesothelioma, and pancreatic cancer. TTF therapy has gained significant attention in the medical community due to its non-invasive nature and potential to improve outcomes for cancer patients.
Market Dynamics:
The tumor treating field market is expected to show significant growth over the forecast years, driven by several factors. Firstly, the increasing prevalence of cancer globally is fueling the demand for effective and innovative treatment options. TTF therapy, with its non-invasive nature and potential for improved patient outcomes, is gaining traction among both healthcare professionals and patients. Moreover, advancements in technology and the growing understanding of the underlying mechanisms of TTF therapy are spurring research and development activities in this field. This is resulting in the introduction of new TTF devices and treatment protocols, offering a wider range of options to healthcare providers. In addition, key market players are focused on launching an awareness campaign for tumor treating field (TTF) therapy, which is also expected to drive market growth. For instance, in October 2022, Novocure GmbH, a Germany-based medical device company, announced the launch of a campaign in the U.S., intended to drive awareness and understanding of tumor treating fields (TTFields) therapy as a distinct anticancer modality and an emerging cornerstone of solid tumor treatment.
Key features of the study:
This report provides in-depth analysis of the global tumor treating fields market, and provides market size (US$ million) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global tumor treating fields market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Novocure GmbH and Zai Lab
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global tumor treating fields market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tumor treating fields market
Detailed Segmentation:
By Product Type
Transducer Arrays
Tumor Treating Field Generators
Others
By Indication
Glioblastoma Multiforme
Non-small Cell Lung Cancer
Pancreatic Cancer
Ovarian Cancer
Mesothelioma
Brain Metastasis
Others
By End User
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Company Profiles
Novocure GmbH
Zai Lab
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Tumor Treating Fields, By Product Type
Market Tumor Treating Fields, By Indication
Market Tumor Treating Fields, By End User
Market Tumor Treating Fields, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Rising prevalence of cancer globally
Increasing research and investments in cancer therapies