Oncology Devices Market Forecast 2023-2032: Size, Key Players And Segments
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
North America held the largest oncology devices market share in 2022.
The global oncology devices market is expected to grow from $107.81 billion in 2022 to $128.33 billion in 2023 at a compound annual growth rate (CAGR) of 19.0%. The oncology devices market is expected to grow from $250.74 billion in 2027 at a CAGR of 18.2%.
Major Driver In The Oncology Devices Market – Growth In Cancer Cases Across The Globe
According to the American Cancer Society, there will be 1.9 million new cases of cancer and 608,570 cancer deaths in the United States in 2021. As a result, the rise in cancer incidence is expected to enhance demand for oncology treatments.
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Key Oncology Devices Market Segments
1) By Device Type: Brachytherapy Devices, Endoscopic Devices
2) By Therapy: Chemotherapy, Hormone Therapy, Biotherapy/Immunotherapy, Radiation Therapy
3) By End User: Hospitals, Cancer Research Institutes, Other End Users
Recent Oncology Devices Market Trend – Technological Advancement
Major companies in the market, research institutes, and governments are continuously focusing on developing new devices to treat cancer patients.
Oncology Devices Market Prominent Players
Major players in the oncology devices market are Eckert & Ziegler BEBIG, Oncura Inc., GE Healthcare, Medtronic PLC., Varian Medical Systems Inc., Elekta AB, Theragenics Corporation, Accuray Incorporated, Roche Diagnostics, and IBA Group.
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The Oncology Devices Global Market Report 2023 provides a comprehensive overview on the oncology devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the oncology devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Oncology devices are medical devices used in the diagnosis, management, and treatment of cancer.
View More Related Reports –
Oncology Drugs Market 2023
Oncology Molecular Diagnostics Global Market Report 2023
Interventional Oncology Devices Global Market Report 2023
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