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United States Gastric Cancer Diagnostic Procedure Market - Pronounce growth in upcoming years 2022 -2028 described in a new market report

02-06-2023 03:02 PM CET | Health & Medicine

Press release from: Business Market Insights

United States Gastric Cancer Diagnostic Procedure Market

United States Gastric Cancer Diagnostic Procedure Market

The United States gastric cancer diagnostic procedure market size is expected to reach US$ 637.84 million by 2028 from in 2022. The market is estimated to record a CAGR of 4.8% from 2022 to 2028.

Gastric cancer is a type of malignant cancer that forms the stomach's inner lining. Risk factors such as age, unhealthy diet, and stomach diseases can lead to the development of gastric cancer. Symptoms of gastric cancer include indigestion, heartburn, bloating, and stomach discomfort or pain. The presence of a huge patient population affected by gastrointestinal tumors, lymphoma, and adenocarcinoma, the increase in the geriatric population, and the rise in consumption of alcohol and smoking are among the factors contributing to the growth of the United States gastric cancer diagnostic procedure market.

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Companies Profiled in this report includes:
Atlas-Link Biotech Co Ltd, Bio-Rad Laboratories Inc, MiRXES Pte Ltd, Agilent Technologies Inc, F. Hoffmann-La Roche Ltd, bioMerieux SA, Thermo Fisher Scientific Inc, Illumina Inc, Vela Diagnostics Holding Pte Ltd, and Myraid Genetics Inc. are among the leading companies operating in the United States gastric cancer diagnostic procedure market.

Many market players and research institutes operating in the gastric cancer diagnostics procedures market are developing advanced products to expand their product portfolios and increase their market shares. They invest significant amounts in R&D to develop advanced products. A few of the recent developments related to gastric cancer diagnostic platforms are mentioned below:

Ibex Medical Analytics, a pioneer in AI-powered cancer diagnostics, developed the world's first artificial intelligence (AI) platform to detect cancer. Its AI algorithms analyze images of biopsies and can pinpoint their location and grade the tumor. These results help pathologists diagnose gastric cancer accurately. In June 2021, the U.S. Food and Drug Administration (FDA) granted Breakthrough Device Designation to Ibex's Galen platform, which will expedite the clinical review and regulatory approval of its platform. Galen Gastric is an integrated diagnostics and quality control solution that supports pathologists in the detection of gastric cancer, dysplasia, H. pylori, and other important clinical findings.

In November 2019, AI Medical Service Inc., one of the world's first real-time endoscopic AI developers, secured Breakthrough Device Designation by the US FDA for its AI programs that analyze endoscopy images for potential diagnosis of gastric cancer.

In February 2022, Mayo Clinic researchers used AI and informatics to discover a 32-gene signature that is a prognostic and predictive biomarker for patients suffering from gastric cancer. The study was published in the edition of Nature Communications.

Thus, such development of AI-based gastric cancer diagnostics is likely to introduce new trends in the United States gastric cancer diagnostic procedure market during the forecast period.

Get Full Report: https://www.businessmarketinsights.com/reports/united-states-gastric-cancer-diagnostic-procedure-market

The United States gastric cancer diagnostic procedure market, based on procedures, is segmented into endoscopic procedures, biopsy & tissue tests, lab tests, in-vitro diagnostic tests, imaging tests, molecular diagnostics, multiplexing molecular diagnostics & immunoassays, and others. In 2021, the imaging tests segment held the largest share of the market. The biopsy and tissue tests segment is expected to record the highest growth rate in the coming years. Imaging tests are used to diagnose and stage stomach cancer. They include computed tomography (CT) scans, magnetic resonance imaging (MRI), positron emission tomography/computed tomography (PET/CT) scans, ultrasound, and others. CT scans provide detailed images of the abdomen, and the images help doctors detect cancer and find its location in the stomach and see its transmission to other abdominal organs. MRI utilizes strong magnetic fields and radio waves to create detailed images of the location and allow a greater soft tissue contrast compared to a CT scan. MRI is not used as frequently as a CT scan to detect stomach cancer, but it is useful to determine the spread of cancer to other organs, such as the liver. PET/CT scans allow doctors to detect stomach cancer and determine its stage as well as its growth.

The report offers in-depth assessment of the growth and other aspects of the United States Gastric Cancer Diagnostic Procedure market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2028. These analyses will help the reader to understand the potential worth of investment in a particular region.

United States Gastric Cancer Diagnostic Procedure Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2028.

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Major Key Points of United States Gastric Cancer Diagnostic Procedure Market
• United States Gastric Cancer Diagnostic Procedure Market Overview
• United States Gastric Cancer Diagnostic Procedure Market Competition
• United States Gastric Cancer Diagnostic Procedure Market, Revenue and Price Trend
• United States Gastric Cancer Diagnostic Procedure Market Analysis by Application
• Company Profiles and Key Figures in United States Gastric Cancer Diagnostic Procedure Market
• Market Dynamics
• Methodology and Data Source

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape United States Gastric Cancer Diagnostic Procedure market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.

Contact us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Sameer Joshi
Email: sales@businessmarketinsights.com
Phone: +16467917070
Blog URL: https://bmiinsights.blogspot.com/

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defence; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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