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Global Brain Cancer Diagnostics Industry Revenues To Grow At Nearly 4.1% By 2031 | GE Healthcare, NantOmics, Biocept, Inc.
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Extracellular growth in the brain, such as primary and secondary brain tumors, is referred to as brain cancer. While secondary tumors or metastases are those that are brought on by cancers that started in another region of the body, primary brain tumors originate in the brain and do not spread to other parts of the body. There are 40 different varieties of brain tumors that can be classified, and these types are divided into two main categories: benign tumors, which are slow-growing and less prone to spread, and cancerous tumors, which are more likely to do so. There are various factors that lead to brain cancer and are more prevalent in people with particular hereditary or gene disorders.
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Market Trends and Drivers
It is anticipated that factors like technological breakthroughs from traditional procedures will fuel revenue growth in the brain cancer diagnostics market. The diagnostic equipment's speed and accuracy have both increased as a result, producing improved results that may finally allow for the earlier use of medicines. Global brain cancer prevalence is predicted to significantly rise in the coming years, supporting market expansion. Increased cigarette smoking and other environmental pollutants, which cause brain cancer, are one of the main contributing factors. This year, there are projected to be 78,000 new primary brain tumour diagnoses, of which 53,000 are non-malignant and 25,000 are malignant.
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Global Brain Cancer Diagnostics Market Segmentation
By Test Type
Magnetic Resonance Spectroscopy
PET Scan
Single Photon Emission CT scan
Spinal Tap
Magnetic Resonance Imaging
By Cancer Type
Acoustic Neuroma
Astrocytoma
Chordomas
Ependymomas
By End User
Hospitals
Cancer Diagnostic Center
Cancer Research Institutes
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Major Players in the Global Brain Cancer Diagnostics Market
The key players studied in the report are THERMO FISHER SCIENTIFIC INC, Siemens Healthineers AG, GE Healthcare, MDxHealth, NantOmics, Biocept, Inc., Koninklijke Philips N.V., Canon Medical Systems, Hitachi, Ltd, and Neusoft Medical Systems among others.
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