Oncology Market Size Development Trends, Competitive Landscape and Key Regions 2032

1
Oncology Market Research Report Analysis and
Forecasts to 2032
2023 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Market Scenario of Oncology Market

• Oncology Market is expected to garner commendable
  gains over 2023 to 2032, fueled by the growing
  cancer prevalence worldwide. As per WHO
  statistics, cancer is one of the leading causes
  of fatalities worldwide, resulting in nearly 10
  million deaths in 2020. This calls for broad
  treatment options to treat the disease. Various
  therapies such as chemotherapy, surgery, and
  radiation therapy are employed in cancer therapy
  subject to the pivotal benefits in terms of
  providing palliative as well as curative effect
  in cancer treatment.
• Technological innovations by researchers,
  government officials, and market players in
  developed economies would further influence the
  industry growth through 2032. For instance, the
  Government Office for Technology Transfer (GOTT),
  UK, funded the National Physical Laboratory's
  novel development of ultrasound technology to
  enhance breast cancer diagnosis.
• The oncology industry is segmented into cancer
  diagnostics and treatment, cancer, end-use, and
  region.

2023 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-

• Based on cancer diagnostics and treatment, the
  cancer diagnostics segment is slated to churn
  profitable returns over the due course of time.
• Fundamental factors driving the segmental growth
  include growing incidences of cancer and
  technological advancements in the space. In
  addition, detecting cancer with only physical
  exams or biomarker tests is noted to be a
  monotonous task while imaging test is essential
  for conformation.
• These trends thus prompt the demand for advanced
  imaging modalities, stimulating the oncology
  market growth.
• Considering the cancer, oncology market share
  from breast cancer segment would accrue massive
  gains over the next ten years, owing to the
  alarming breast cancer incidences due to rising
  obesity, hormonal imbalance cases, and
  age-related risks. As per Cancer.net statistics,
  it has been projected that breast cancer could
  lead to more than 43,500 deaths in the United
  States in 2023. Besides, various government
  efforts such as BreastScreen Aotearoa in New
  Zealand and other countries, providing free tests
  to women would further boost the market size.

2023 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
360 Industry Analysis

• Oncology treatment is being largely accommodated
  in specialty clinics over the recent years. These
  healthcare settings stand as advanced cancer care
  establishments that cater to specific types of
  cancer treatments. Increased availability of
  advanced technology for detection and screening
  and specialist oncologists across these settings
  would further encourage the business growth.
• Not to mention, growing availability of advanced
  technology for screening and diagnosis would
  offer attractive opportunities to patients for
  cancer treatment.
• Regionally, Asia Pacific is likely to emerge as a
  regional hotspot for oncology industry. As per
  reports, the APAC oncology market is predicted to
  grow at more than 11.5 CAGR between 2023 to
  2032.
• The regional growth can be credited to the
  burgeoning cases of cancer in countries such as
  India, Japan, and China. For the record, a cancer
  registry data reveals that there would be
  approximately 800,000 new cancer cases in India
  every year.

2023 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5

• Key Players are
• F. Hoffmann-La Roche
• Merck Co. Inc.
• Abbott
• Pfizer
• Bayer AG
• AbbVie Inc.
• Thermo Fischer Scientific
• Kite Pharma (Gilead Science Inc)
• GE Healthcare
• Siemens Healthineers AG
• Amgen Inc.
• Biocartis
• BioMerieux SA
• Astellas Pharma Inc.
• Browse Complete Summary of this report _at_
  https//www.gminsights.com/industry-analysis/oncol
  ogy-market

2023 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2023 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com