Interventional Oncology Market Insights | Growth, Size, Industry Trends
Interventional Oncology Market by Product (Radiofrequency, microwave, cryoablation, embolization, guidewires), Procedures (Thermal Ablation, Non-Thermal Ablation, TACE, TARE, TAE), Cancer (Liver, Lung, Kidney, Bone Metastasis)
(firmenpresse) - Rising preference for minimally invasive procedures, increasing public-private funding and government support for cancer research, technological advancements in the field of interventional oncology, and increasing government investments and funding for interventional oncology and related cancer research are some of the major factors driving the growth of this market.
According to the new market research report "Interventional Oncology Market by Product (Radiofrequency, microwave, cryoablation, embolization, guidewires), Procedures (Thermal Ablation, Non-Thermal Ablation, TACE, TARE, TAE), Cancer (Liver, Lung, Kidney, Bone Metastasis) - Global Forecast to 2024", published by MarketsandMarkets
The Interventional Oncology Market is projected to reach USD 2.9 billion by 2024 from USD 2.0 billion in 2019, at a CAGR of 6.8%.
The TARE/SIRT segment accounted for the largest share of the Interventional Oncology Market, by procedure, in 2018
Based on procedure, the Interventional Oncology Market is segmented into thermal tumor ablation, non-thermal tumor ablation, transcatheter arterial chemoembolization (TACE), transcatheter arterial radioembolization (TARE) or selective internal radiation therapy (SIRT), and transcatheter arterial embolization (TAE) or bland embolization. In 2018, the TARE/SIRT procedures segment accounted for the largest market share majorly due to the rising prevalence of cancer, increasing demand for minimally invasive procedures, growing adoption of embolization procedures, and the clinical efficacy of Yttrium-90 radioembolic agents (which are used in these procedures).
Browse and in-depth TOC on "Interventional Oncology Market"
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Liver cancer segment to register the highest CAGR in the Interventional Oncology Market, by application, during the forecast period
Based on cancer type, the Interventional Oncology Market is segmented into liver cancer, kidney cancer, lung cancer, bone cancer, and other cancers (includes pediatric cancer, prostate cancer, and breast cancer). Growth in this segment can be attributed to factors such as rising cases of liver cancer across the globe and growing initiatives/research activities for developing advanced liver cancer therapies using interventional oncology.
North America accounted for the largest share of the Interventional Oncology Market in 2018
The Interventional Oncology Market is segmented into four regional segments, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the Interventional Oncology Market owing to factors such as the rising incidence of cancer, easy accessibility to interventional oncology, and the high adoption of technological advancements (owing to the significant per capita annual healthcare expenditure by the US government).
The major players operating in the Interventional Oncology Market are Medtronic (Ireland), Boston Scientific (US), BTG plc (UK), Merit Medical Systems (US), and Terumo (Japan). The other prominent players operating in the overall Interventional Oncology Market include AngioDynamics (US), Ethicon (part of J&J) (US), Teleflex (US), Cook Medical (US), HealthTronics (US), MedWaves Medical (US), Sanarus (US), IMBiotechnologies (Canada), Trod Medical (US), IceCure Medical (Israel), Mermaid Medicals (Denmark), and Interface Biomaterials BV (Netherlands).
Know more about key strategies adopted by industry players:
https://www.marketsandmarkets.com/ResearchInsight/interventional-oncology-market.asp
List of Figures (33 Figures)
Figure 1 Interventional Oncology Market: Research Methodology Steps
Figure 2 Research Design
Figure 3 Breakdown of Primaries: Global Interventional Oncology Market
Figure 4 Research Methodology: Hypothesis Building
Figure 5 Bottom-Up Approach Market Size Estimation: Interventional Oncology Market
Figure 6 Top-Down Approach Market Size Estimation: Interventional Oncology Market
Figure 7 Data Triangulation Methodology
Figure 8 Interventional Oncology Market Share, By Product, 2018
Figure 9 Interventional Oncology Market Share, By Procedure, 2018
Figure 10 Interventional Oncology Market, By Cancer Type, 2019 vs 2024 (USD Million)
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interventional-oncology-market-growth
interventional-oncology-market-size
interventional-oncology-market-analysis
interventional-oncology-market-outlook
interventional-oncology-market-latest-trends
oncology
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Datum: 13.06.2019 - 07:55 Uhr
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News-ID 1549886
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Kategorie:
Medical Devices
Typ of Press Release: Financial
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Date of sending: 13.06.2019
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