Interventional Oncology Market Industry Analysis, Overview and Segment Forecast To 2020 | Boston Scientific Corporation, Accuray Incorporated, Medtronic PLC, Terumo Corporation, Merit Medical Systems, Inc., BTG PLC
Interventional oncology is a rapidly growing field of interventional oncology which deals with diagnosis and treatment of cancer using minimally invasive procedures. It uses various imaging techniques such as x-ray, ultrasound, computed tomography, or magnetic resonance imaging for guidance purposes. Interventional oncology is generally employed for treatment of liver cancer, lung cancer, bone cancer, kidney cancer, prostate cancer, breast cancer, and pancreatic cancer.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
Boston Scientific Corporation
Merit Medical Systems
North America, Western Europe, and Asia Pacific by region are estimated to dominate the interventional oncology market during the forecast period. These regions have been market leaders for the overall healthcare sector in terms of technological developments and advanced medical treatments.
Analysis and discussion of important industry trends, market size, and market share estimates are covered in this Interventional Oncology Devices Market report. This market report comprises of a chapter on the global market and allied companies with their profiles, which delivers essential data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies. The whole Interventional Oncology Devices Market report can be divided into four major areas which include market definition, market segmentation, competitive analysis and research methodology. To get knowledge of all the market related factors, a transparent, extensive and supreme in quality report is created.
Interventional oncology treatment market is segmented into Radiation therapy, Ablation, and Particle embolization on the basis of procedure.Interventional oncology is expected to become the fourth pillar of cancer care, with medical, surgical, and radiation oncology. It provides with minimally invasive treatment option while mitigating various associated risks. Growth of the global interventional oncology market is propelled by rising oncology incidences, growing demand for minimally invasive therapeutics and increasing geriatric population. However, the market faces several challenges due to high treatment cost, associated risk, and the presence of alternative treatment options.
The report covers a detailed analysis of the development of the Interventional Oncology Market for the upcoming time. The global Interventional Oncology Market is segmented based on the various product categories, delivery channels, and applications.
Key Factors Impacting Market Growth:
Rising oncology incidences
Growing demand for minimally invasive therapeutics
Increasing geriatric population
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The global interventional oncology market include Boston Scientific Corporation, Accuray Incorporated, Medtronic PLC, Terumo Corporation, Merit Medical Systems, Inc., BTG PLC, among others. These players are profiled herein based on attributes such as business overview, product segments, and financial analysis. It also compiles the performance comparison of the aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section. In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in the global interventional oncology market.
Asia-Pacific is the fastest-growing regional market
Asia-Pacific region is expected to witness significant growth in the next 5-6 years due to accelerated economic growth of many countries in this region and growing government focus on healthcare sector. In addition, rising incidence & prevalence of cancer, rising awareness towards overall health and treatment availability, growing number of middle class population and their level of disposable income, and increasing health insurance penetration in the region are the key factors propelling the growth of the Asia-Pacific interventional oncology market.
The government policies have been favorable for the growth of the healthcare infrastructure in these regions. North America and Western Europe have an established healthcare infrastructure for product innovations and early adaptations. This is expected to drive the demand for interventional oncology market during the forecast period.
The US, Germany, France, UK, Canada, and Spain have been some the major markets in the region. Asia Pacific is estimated to register one of highest CAGR for interventional oncology market during the forecast period. This region has witnessed strategic investments by global companies to cater the growing demand in the recent years. China, Japan, India, South Korea, and Australia are amongst some of the key countries for interventional oncology market in the region. Other regions including Middle East, Eastern Europe, and Rest of the World (South America and Africa) are estimated to be emerging markets for interventional oncology during the forecast period.
Interventional Oncology Market Key Segments:
o Radiation Therapy
o Particle Embolization
o North America
o By Therapy
o By Therapy
o Asia Pacific
o By Therapy
o Rest of the World
o By Therapy
Reasons To Buy This Report:
o Market size estimation of the Global Interventional Oncology market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market
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