Latest Cancer Clinical Decision Tools Market Growth Study 2022-2026 By The Business Research Company
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The cancer clinical decision tools market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 10%, as per The Business Research Company’s market report!
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The Cancer Clinical Decision Tools Market Size In 2022 And Forecast
The global cancer clinical decision tools market is expected to grow from $0.35 billion in 2021 to $0.40 billion in 2022 at a compound annual growth rate (CAGR) of 14.4%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cancer clinical decision tools market is expected to reach $0.60 billion in 2026 at a CAGR of 10.7%.
The cancer clinical decision tools market consists of sales of cancer decision support tools and related services.
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Rise In The Number Of Cancer Cases Globally Is Driving The Growth Of The Cancer Clinical Decision Tools Market
According to the American Cancer Society, there were 1.7 million new cases and 0.6 cancer deaths in 2019 in the USA. The four most common types of cancers worldwide are lung, prostate, bowel, and female breast cancer, accounting for 43% of all new cancer cases. Therefore, the rise in cancer incidence rates across the globe will increase the demand for cancer clinical decision tools to make treatment decisions faster, thereby contributing to the market growth.
Competitive Landscape And The Regional Analysis Of The Cancer Clinical Decision Tools Market
Major players in the cancer clinical decision tools market are McKesson Corporation, Medical Information Technology Inc., Philips Healthcare, Siemens Healthineers, Elsevier B.V., Macmillan, and National Decision Support Company.
The Cancer Clinical Decision Tools Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cancer clinical decision tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the cancer clinical decision tools market.
Cancer Clinical Decision Tools Market Segmentation By The Business Research Company
1) By Type: Risk Assessment Tool (RAT), Qcancer
2) By End-User: Hospitals, Clinics
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