Rising Demand for Hyperthermia Treatment for Cancer Market Key Players, Growth Analysis during 2021-2027

The global hyperthermia treatment for cancer market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Hyperthermia therapy is a type of medical treatment for cancer by exposing body tissue to temperatures in the region of 40–45 °C. Hyperthermia is applied as an ancillary to radiotherapy or chemotherapy for the treatment of cancer by working as a sensitizer. The major factor for the growth of the market is the increasing prevalence of cancer across the globe.

According to the National Cancer Institute (NCI), it was estimated that 1,806,590 new cases of cancer will be diagnosed in the US with a mortality rate of 606,520 people in 2020. Additionally, the most common cancers are breast cancer, lung and bronchus cancer, prostate cancer, colon and melanoma of the skin, and bladder cancer, among others. In men, prostate, lung, and colorectal cancers will account for an estimated 43% of all cancers diagnosed while for women, the three most common cancers are breast, lung, and colorectal which will account for an estimated 50% of all new cancer diagnoses in women in 2020. Furthermore, there were 18.1 million new cases and 9.5 million cancer-related mortalities globally in 2018 which is anticipated to rise to 29.5 million and the number of cancer-related mortalities to 16.4 million by 2040. This, in turn, is drivinhg the demand for hyperthermia treatment for cancer.

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Some major players in the market include Celsius42+ GmbH, Pyrexar Medical Inc., and Hydrosun GmbH, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in June 2021, the first affiliated hospital of Zhengzhou University opened its thermal oncology centre which is located in the Henan province of mainland China. Pyrexar Medical Inc. BSD-2000 Deep Regional Hyperthermia system was stored in a custom hyperthermia suite constructed in the hospital.

Market Coverage

• The market number available for – 2020-2027

• Base year- 2020

• Forecast period- 2021-2027

• Segment Covered-

· By Device Type

· By End-User

· By Application

• Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- Celsius42+ GmbH, Pyrexar Medical Inc., and Hydrosun GmbH, among others.

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Global Hyperthermia Treatment for Cancer Market Report by Segment

By Device Type

• Microwave Hyperthermia Device

• Ultrasound Hyperthermia Device

• Infrared Hyperthermia Device

• Short-wave Hyperthermia Device

By End-User

• Hospitals

• Clinics

• Research Institutes

• Cancer Centers

• Others

By Application

• Breast Cancer

• Liver Cancer

• Soft Tissue Sarcoma

• Leukemia

• Head and Neck Tumors

• Prostate Cancer

• Others

Global Hyperthermia Treatment for Cancer Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

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