Global Oncologists Market: Growth Drivers to Push Market Size to $24.24 Billion by 2029 while Riding on a CAGR of 4.5%

The increased prevalence of cancer and the advancement of oncological therapies is fueling the steady growth of the oncologists market.

What is the Projected Market Size of the Global Oncologists Market and its Growth Rate?
• The oncologists market size has experienced marginal growth in recent years, reaching $19.93 billion in 2024.
• It would reach $20.3 billion in 2025, growing at a CAGR of 1.9%.
• Factors such as aging population, expanding healthcare infrastructure, and an emphasis on early detection programs have fueled this growth.
• The market size is projected to continue its steady growth, climbing to $24.24 billion by 2029 at a CAGR of 4.5%.
• Advancements in precision medicine and personalized therapies, emerging therapeutic modalities, and a variety of socio-economic factors may drive this growth.

What is Driving the Growth in the Oncologists Market?
The increasing prevalence of cancer is stimulating the growth of the oncologists market. The term 'prevalence' refers to the quantity of new cancer occurrences within a certain population over a specific timeframe. Oncologists, healthcare professionals specializing in cancer diagnosis and treatment, play an essential role in examining patients, diagnosing the type of cancer, and ascertaining the treatment options. According to the National Cancer Institute, the US saw about 18.1 million cancer survivors in May 2024, a figure projected to rise to 22.5 million by 2032. By 2040, new cancer cases are expected to reach 29.9 million annually, with cancer-related deaths projected to increase to 15.3 million. Hence, the escalating prevalence of cancer is a significant driver of the oncologists market.

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Who are the Key Players Driving Oncologists Market Growth?
• Abramson Cancer Center
• MD Anderson Cancer Center of the University of Texas
• Lilavati Hospital & Research Centre
• Mount Elizabeth Hospital
• Mount Miriam Cancer Hospital
• Charité - Universitätsmedizin Berlin
• General Electric Healthcare
• F. Hoffmann-La Roche AG
• Pfizer Inc.

What are the Key Trends in the Oncologists Market?
• Advances in immunotherapy
• Integration of precision medicine
• Expansion of telemedicine platforms
• Data-driven decision-making models
• Collaborative care models
• Focus on patient-centric care

What are the Segments of the Global Oncologists Market?
• By Cancer Diagnostics and Treatment: Cancer Diagnostics, Cancer Treatment
• By Indication: Lungs Cancer, Colorectal Cancer, Breast Cancer, Liver Cancer, Bladder Cancer, Head and Neck Cancer, Prostate Cancer, Other Indications
• By End-Use: Hospitals, Diagnostic Laboratories, Diagnostic Imaging Centers, Specialty Clinics, Academia, Other End Uses

Which Region Leads the Oncologists Market?
North America was the largest region in the global oncologists market in 2024. Other regions detailed in the report for the oncologists market include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

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What is Covered in the Oncologists Market Global Market Report?
- Market Size Analysis: Analyze the Oncologists Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Oncologists Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Oncologists Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Oncologists Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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