Interventional Oncology Market Dynamic Growth Factors, COVID-19 impact on Industry Share and Outlook 2030

Interventional Oncology Market crossed US$ 2,170.23 million mark in 2022 and is expected to hit US$ 3,752.12 million by 2030, recording a CAGR of 7.1% during the forecast period.

According to the World Health Organization (WHO) data, breast cancer accounts for the most common malignant neoplasm among female patients, impacting 2.1 million women annually. Therefore, interventional radiology is a recent technique added constituting therapeutic and palliative tool for breast cancer metastatic disease, concerning mainly bone, liver, and lung metastases, usually with a combination of the therapies. On the other hand, the UCLA Health 2022 report states that lung cancer is the most prevalent form of cancer, with several types of non-small cell lung cancer involving squamous cell carcinoma, large cell carcinoma, and adenocarcinoma. Business Market Insights Interventional Oncology Market report 2030, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Interventional Oncology Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Interventional Oncology Market is based on company profiles and their efforts on increasing product value and production.

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Kay Players :

  • Medtronic
  • Boston Scientific Corporation
  • Terumo Europe NV
  • Teleflex Incorporated
  • Cook
  • Profound Medical
  • Ethicon (Johnson & Johnson Services, Inc.)
  • Merit Medical
  • Siemens Healthineers
  • Hologic, Inc.

Recent strategic developments in interventional oncology market

The interventional oncology market has undergone several significant developments, and a few of these have been mentioned below:

  • In March 2021, Boston Scientific Corporation, announced receiving of the US Food and Drug Administration (FDA) approval for its new product namely, “TheraSphere Y-90 Glass Microspheres” developed for the treatment of patients suffering from hepatocellular carcinoma (HCC).
  • In April 2018, Medtronic, announced launching of its new product namely, “OptiSphere resorbable embolic platform” for embolization of hyper vascular tumors in the US. The spherical shape of OptiSphere ensures smooth embolic delivery and the product line offers flexibility with two volume options and five size ranges that can be combined in a single procedure for achieving the desired occlusion.

Target audience for the report:

  • Interventional oncology service providers
  • Interventional oncology-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • End users of interventional oncology
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Product:
    • Embolization Devices
      • Radioembolic Agents
      • Non-radio embolic Agents
        • Microspheres
        • Coated Beads
        • Microparticles
      • Ablation Devices
        • Radiofrequency (RF) Ablation Devices
        • Microwave Ablation Devices
        • Cryoablation Devices
        • Other Ablation Devices
      • Support Devices
        • Microcatheters
        • Guidewires
      • Procedure
        • Thermal Tumor Ablation
        • Non-thermal Tumor Ablation
        • Transcatheter Arterial Chemoembolization
        • Transcatheter Arterial Radioembolization/Selective Internal Radiation Therapy
        • Transcatheter Arterial Embolization/Bland Embolization
      • Cancer Type:
        • Liver Cancer
        • Lung Cancer
        • Breast Cancer
        • Kidney Cancer
        • Others
      • End User:
        • Hospitals
        • Ambulatory Surgery Centers
        • Research & Academic Institutes
        • Others
      • Region
        • North America
        • Europe
        • Asia Pacific (APAC)
        • South & Central America
        • Middle East & Africa

Interventional Oncology Market research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges.

The final report will add the analysis of the Impact of Covid-19 in this report Interventional Oncology Market.

Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Interventional Oncology Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Interventional Oncology Market is analyzed and depicted in the report.

Some of the companies competing in the Interventional Oncology Market are 

The report scrutinizes different business approaches and frameworks that pave the way for success in businesses. The report used expert techniques for analyzing the Interventional Oncology Market; it also offers an examination of the global market. To make the report more potent and easy to understand, it consists of infographics and diagrams. Furthermore, it has different policies and development plans which are presented in summary. It analyzes the technical barriers, other issues, and cost-effectiveness affecting the market.

Interventional Oncology Market Research Report 2030 carries in-depth case studies on the various countries which are involved in the Interventional Oncology Market. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market. Important contents analyzed and discussed in the report include market size, operation situation, and current & future development trends of the market, market segments, business development, and consumption tendencies. Moreover, the report includes the list of major companies/competitors and their competition data that helps the user to determine their current position in the market and take corrective measures to maintain or increase their share holds.

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What questions does the Interventional Oncology Market report answer about the regional reach of the industry

The report claims to split the regional scope of the Interventional Oncology Market.

  • How do the sales figures look at present How does the sales scenario look for the future
  • Considering the present scenario, how much revenue will each region attain by the end of the forecast period
  • How much is the market share that each of these regions has accumulated presently
  • How much is the growth rate that each topography will depict over the predicted timeline

The scope of the Report:

The report segments the Interventional Oncology Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the Interventional Oncology Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

Reasons for buy this Report

  • Highlights key business priorities to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Interventional Oncology market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest to components, type, and end-users.

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