Understanding the Oncology Devices Market’s Growth Prospects from 2024 to 2033
Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!
What is the Expected Growth Rate of the Oncology Devices Market from 2024 to 2033?
The oncology devices market is forecast to expand from $128.46 billion in 2023 to $153.93 billion in 2024, with a CAGR of 19.8%. Factors contributing to this growth include the increasing prevalence of cancer, an aging population, greater demand for personalized cancer treatments, and advances in genomic profiling.
The oncology devices market is expected to grow to $298.31 billion by 2028 at a CAGR of 18.0%. This growth is driven by minimally invasive techniques, biodegradable implants, global healthcare expansion, and digital health. Key trends include advancements in radiation therapy, early detection technologies, and AI-powered devices.
Claim Your Free Sample of the Global Oncology Devices Market Report Today!
https://www.thebusinessresearchcompany.com/sample.aspx?id=3373&type=smp
What Key Factors Are Fueling the Growth of the Oncology Devices Market?
The growing number of cancer cases worldwide is anticipated to drive demand for oncology devices. Cancer remains a major global health concern and is the second leading cause of death in the U.S. The increasing incidence of cancer is expected to lead to higher demand for devices used in cancer treatment. The most common types of cancer—prostate, lung, bowel, and breast cancer—account for 43% of all new cancer cases. According to the American Cancer Society, 1.9 million new cancer cases and 608,570 cancer deaths were reported in the U.S. in 2021, further driving demand for oncology devices.
What Are the Major Segments of the Oncology Devices Market?
1) By Device Type: Brachytherapy Devices, Endoscopic Devices
2) By Therapy: Chemotherapy, Hormone Therapy, Biotherapy/Immunotherapy, Radition Therapy
3) By End User: Hospitals, Cancer Research Institutes, Other End Users
What New Trends Are Transforming the Oncology Devices Market?
In the oncology devices market, companies are focusing on innovations such as the Benchmark Ultra Plus System to boost their market share. This automated platform is used in pathology and diagnostic labs to streamline processes like staining, imaging, and preparation of tissue samples. Roche launched this system in June 2022, highlighting features like updated software, remote monitoring, an integrated touchscreen, and environmentally friendly packaging.
Order Now for Fast Delivery of Your Oncology Devices Market Report!
https://www.thebusinessresearchcompany.com/report/oncology-devices-global-market-report
Which Regions Are Driving Growth in the Oncology Devices Market?
North America was the largest region in the oncology devices market in 2023. Asia-Pacific was the second-largest region in the oncology devices market report. The regions covered in the oncology devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The Oncology Devices Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the oncology devices market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Oncology Devices Market Include
1. Oncology Devices Market Executive Summary
2. Oncology Devices Market Segments
3. Oncology Devices Market Size And Template Market Growth Rate
4. Key Oncology Devices Market Trends
5. Major Oncology Devices Market Drivers
……
25. Key Mergers And Acquisitions In The Oncology Devices Market
26. Top Oncology Devices Companies
27. Oncology Devices Market Opportunities And Strategies
28. Oncology Devices Market, Conclusions And Recommendations
29. Appendix
Discover Related Reports by The Business Research Company:
Interventional Oncology Devices Global Market Report 2024
Computer Servers Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/computer-servers-global-market-report
#Cancer Diagnostics Global Market Report 20243
#https://www.thebusinessresearchcompany.com/report/cancer-diagnostics-global-market-report3
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
