Interventional oncology uses X-ray, ultrasound, computed tomography (CT) or magnetic resonance imaging (MRI) to guide accessories and instruments, such as ablation electrodes, biopsy needles, guidewires, and intravascular catheters that allow the treatment of a tumor located in some part of the body. And these devices are defined as interventional oncology devices.
Market Data Analysis:
The Interventional Oncology Devices market is projected to valued at USD xxxx million in 2019 and is anticipated to generate revenue of USD xxxx million by the end of 2026, progressing at a GAGR of xxxx% between 2019 and 2026.
Global Interventional Oncology Devices market is significantly rising across the globe on the back of growing demand for minimally invasive treatments. Moreover, the expansion of the target patient population and technological advancements in the field of interventional oncology will also fuel the growth of the market. On the contrary, the Interventional Oncology Devices market can be obstructed due to the high cost of the devices and the dearth of well-trained and skilled radiologists and oncologists. The increasing government investments and development of new innovative products will boost the growth of the market. The continuous improvement of medical technology is helpful to drive the Interventional Oncology Devices market.
North America was the largest market in 2018 and is expected to show growth during the forecast period, owing to a growing demand for Interventional Oncology Devices and the increasing support from the government for research and development activities. Europe held the second-largest share of the Interventional Oncology Devices market in 2018, owing to the rising incidence of cancer and the growing geriatric population in this region. Asia-Pacific is expected to garner the fastest growth during the forecast years. The growth can be attributed to rising healthcare infrastructure, increasing disposable income and huge population in this region. Emerging economies in the region such as India, China, and South Korea are anticipated to provide growth opportunities for the market growth in this region.
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Global Interventional Oncology Devices market: Type segments
• Ablation Devices
• Embolization Particles
• Radiation Devices
• Delivery Systems
Global Interventional Oncology Devices market: Application segments
• Lung Cancer
• Kidney Cancer
Global Interventional Oncology Devices market: regional segments
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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To gain insight into the competitive landscape, the report includes an overview of key players in the Interventional Oncology Devices market, including Boston Scientific Ltd, BTG, Medtronic PLC, Merit Medical, Cook Medical, AtriCure, Sayre Therapeutics, Surefire Medical, Inc., Profound Medical, Siemens Healthineers Global, Terumo Corporation, etc. These participants have adopted various growth strategies to meet the growing demand for Interventional Oncology Devices market and to increase their market share.
Interventional Oncology Devices Market Intended Audience:
• Interventional Oncology Devices manufacturers
• Interventional Oncology Devices importers and exporters
• Interventional Oncology Devices traders, distributors, and suppliers
• Raw material suppliers of Interventional Oncology Devices
• Interventional Oncology Devices industry associations
• Product managers, Interventional Oncology Devices industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Research & Clinical Laboratories
• Healthcare organizations
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