The Global Interventional Oncology Market is estimated to value over USD 3.1 billion by 2027 end with a CAGR of over 6.1% during the forecast period 2020 to 2027.
Interventional oncology is a branch of medical science that deals with minimally invasive medical procedures for the diagnosis, treatment, and palliation of different cancer types. The procedures are performed under image guidance of interventional radiologists.
In the procedures, various image-guided techniques such as computed tomography, fluoroscopy, and ultrasound are used to diagnose and treat specifically affected sites with pain or cancer.
The interventional oncology procedure is most commonly performed with other cancer treatments such as surgery, chemotherapy, and radiation therapy.
These procedures offer several advantages: quicker recovery, shorter hospital stays, minimal side effects, and more precise and accurate treatment compare to other therapeutic procedures.
The embolization procedure is the most preferred procedure across the globe, owing to the high procedure's benefits and ablation procedure. Embolization is a process involving lodging of an embolus within the bloodstream to block the blood supply to the tumor. The process involves chemical or irradiation techniques for selective occlusion of blood vessels by introducing emboli.
Radiotherapy is a treatment for cancer and other less common diseases such as thyroid, blood disorders, and even restricting noncancerous cell growth. Radiotherapy is a widely used technique in interventional oncology. Radiotherapy procedure involves radiation through light or heat energy.
The research report on Interventional Oncology provide insights on growth-influencing factors such as industry trends, understanding consumer demands, product application, competitive landscape, pricing analysis and brand positioning. The industry trends offer vital information to clients which help them in formulating a plan for the proliferation of their esteemed organization. Furthermore, the pricing analysis information provided in the research report is added taking in consideration the current product demand, technological advancements in the market and anticipated upgrades in the future. The report further provides insights on the competitive landscape, market segmentation and market overview. The competitive landscape data in the report reflects information pertaining to the current market position of the company in terms of valuation and operational expanse, strategic acquisitions and partnerships with established as well as local players and these details are obtained with primary research by contacting company executives and focus groups. The data for market overview is acquired from regulatory bodies, trade associations, etc.
The market overview consists of key data acquired from multiple industry and trade associations, government bodies, information brokers and other such organizations. The pricing analysis provided in the report solidifies the market overview insights. Data from these organizations provides authenticity to the Interventional Oncology report which shall help clients in making better decisions by understanding the intricacies of market dynamics.
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The report includes market segments by product, by procedure, by cancer type and by region. The report consists of insights regarding the sales and revenue during the forecasted timeframe of 2020 to 2027.
Global Interventional Oncology Market Revenue and Forecast (USD). 2020-2027
Interventional Oncology Market Segmentation:
By Product
- Embolization Devices
- Radioembolic Agents
- Non-Radioactive Embolic Agents
- Ablation Devices
- Radiofrequency Ablation Devices
- Microwave Ablation Devices
- Cryoablation Devices
- Other Ablation Devices
- Support Devices
- Microcatheters
- Guidewires
By Procedure
- Thermal Tumour Ablation
- Non-thermal Tumour Ablation
- Transcatheter Arterial Chemoembolization
- Transcatheter Arterial Radioembolization/Selective Internal Radiation Therapy
- Transcatheter Arterial Embolization/Bland Embolization
Global Interventional Oncology Market Revenue (USD Mn), By Procedure, 2015-2027
By Cancer Type
- Liver Cancer
- Lung Cancer
- Bone Cancer
- Kidney Cancer
- Other Cancers
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Regional Analysis:
The report provides meticulous evaluation of the proliferation of Interventional Oncology in crucial nations like USA, Germany, Canada, U.K, France, Russia, Italy, Japan, South Korea, Southeast Asia, Brazil, Mexico, etc. The report also covers important regions such as North America, Asia Pacific, Europe, Latin America and Middle East & Africa.
Competitive Landscape:
Some of the key market players are Medtronic, Boston Scientific, BTG Plc., Terumo, Merit Medical, Sirtex, Ethicon, Cook Medical, Teleflex, HealthTronics, MedWaves Medical, IceCure Medical, Interface Biomaterial BV, Mermaid Medicals, ABK Biomedical, Guerbet, Endo Shape, Instylla, Shape Memory Medical, Monteris Medical and Trisalus Lifesciences.
FutureWise Key Takeaways:
- Growth prospects
- SWOT analysis
- Key market trends
- Key data-points affecting market growth
Objectives of the Study:
- To offer a comprehensive analysis on the global Interventional Oncology market by product, by procedure, by cancer type and by region
- To cater intricate information on factors influencing market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To forecast and evaluate micro-markets and the overall market
- To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
- To evaluate and analyze competitive landscape mapping- technological advancements, product launches, mergers and expansions
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