BIS Research Study, Global Interventional Oncology Devices Market to Grow at a significant CAGR of 9.0%
Owing to the sedentary lifestyle, high consumption of alcohol, large population exposed to first or second-hand smoke, and large geriatric population base, the cancer incidence is rising exponentially around the globe. According to the global cancer observatory, the age-standardized incidence rate of cancer (world), in the year 2018, was 197.9 for both sexes while the number is higher for males as compared to females per 100,000 people. Moreover, as per analysis of cancer incidence and prevalence in 185 countries and 36 types of cancer, the global cancer burden is estimated to 18.1 million incidences of cancer and 9.6 million cases of morbidity associated to the disease in 2018.
Browse an in-depth TOC on “Interventional Oncology Devices Market”
High incidence and mortality rate pertaining to various types of cancer, rise in cancer in patients above the age of 50 and less effectiveness of the conventional procedures have significantly elevated the requirement for alternative cancer treatment procedures with a reduced risk of mortality, increased efficacy of treatment resulting in enduring effect, and reduced risk of cancer recurrence. The technological developments in the field of interventional oncology procedures and the specificity and potential of interventional procedures to treat cancers with minimal aftereffects have resulted in massive adoption of interventional oncology devices.
Key Questions Answered in the Report:
What are the key features of interventional oncology devices which make them a better choice for the treatment of cancer?
What is the industry structure of the interventional oncology devices market?
How did the interventional oncology devices market evolve, and what is its scope in the future?
What are the key development strategies which are implemented by the key players to maintain and capture market share?
How does the patent landscape of the interventional oncology devices look like?
What are the major market drivers, challenges, and opportunities in the global interventional oncology devices market?
Which are the leading companies dominating the global interventional oncology devices market?
What are the regulations pertaining to the global interventional oncology devices market? What are the initiatives implemented by different government bodies to reduce cancer rate?
What was the market value of the leading segments and sub-segments of the global interventional oncology devices market?
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