Press release
Interventional Oncology Share, Business Size, Growth Factors and Forecast To 2031
The research analysis on the global Interventional Oncology Market report 2024 offers a close watch on top industry rivals along with briefings on their company profiles, strategical surveys, micro as well as macro industry trends, futuristic scenarios, analysis of pricing structure, and an all-encompassing overview of the Interventional Oncology Market circumstances in the forecast period between 2024 and 2031. The global Interventional Oncology Market is a dynamic and rapidly evolving sector, encompassing the development, production, and distribution. This market is essential for improving global market and driving economic growth through innovation and industry advancements.
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Market Growth
The Interventional Oncology Market has experienced robust growth over the past decade and is projected to continue expanding. Interventional Oncology Market size was valued at USD 1984 million in 2019 and is poised to grow from USD 2134.78 million in 2023 to USD 4127.28 million by 2031, growing at a CAGR of 7.6% in the forecast period (2024-2031). This growth is driven by several factors, including an aging global population, increasing prevalence of advancements in technology, and rising global expenditure.
Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
The Interventional Oncology Market can be segmented based on several factors, including product type, application, end-user, and distribution channel. Understanding these segments is crucial for companies looking to target specific markets and tailor their offerings to meet consumer needs.
Therapy
Radiation Therapy, Ablation Devices, Particle Embolization
Devices
Cancer Type
Liver Cancer, Kidney Cancer, Lung Cancer, Others
End-User
Hospitals, Ambulatory surgical centres, Specialty clinics, Others
Procedure
[Embolization (TARE, TACE), Ablation (Thermal Ablation (Microwave, RF Ablation))]
Product Type
Embolization Devices, Ablation Devices, Support Devices
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Regional Analysis:
On the basis of region, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The Interventional Oncology Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Essential regions of the Interventional Oncology market are:
- Interventional Oncology North America Market includes (Canada, Mexico, USA)
- Interventional Oncology Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
- Interventional Oncology Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
- Interventional Oncology South America Market includes (Brazil, Argentina)
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Future Outlook
The Interventional Oncology Market is poised for continued growth driven by technological advancements, expanding global market access, and increasing global industry needs. As the industry adapts to evolving challenges and seizes emerging opportunities, it is likely to see ongoing innovation and expansion, contributing significantly to global health and economic development."
Interventional Oncology Market Top Player's Company Profiles
Medtronic (Ireland)
Teleflex (US)
Boston Scientific Corporation
BTG International Ltd. (acquired by Boston Scientific)
Cook Medical Inc.
AngioDynamics Inc.
Terumo Corporation
Merit Medical Systems Inc.
Johnson & Johnson Services Inc.
MedWaves, Inc.
Healthtronics Inc.
Trod Medical
InSightec Ltd.
Sirtex Medical Limited
Sanarus Technologies, LLC
C.R. Bard, Inc. (acquired by Becton, Dickinson and Company)
Guerbet Group
Varian Medical Systems, Inc.
Nanobiotix SA
OncoTherapy Science, Inc.
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We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.
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Global Interventional Oncology Market Analysis
According to Verified Market Research, the Global Interventional Oncology Market was valued at USD 1.78 Billion in 2018 and is projected to grow at a CAGR of 6.83% to reach USD 2.96 Billion by 2026, over the forecast period.
What is Interventional Oncology?
Interventional oncology deals with the diagnosis and treatment of cancer using minimally invasive procedures that are performed under image guidance. Interventional oncology is used to…
