This Oncology Market report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application. Geographically, the report is categorized into several regions such as North America, South America, Asia Pacific, the Middle East and Africa, and the rest of the world. Moreover, the report also offers a covid-19 impact on the Oncology Market, enabling businesses to understand market drivers and restraints.
Oncology Market Overview
Global oncology market is anticipated to reach USD 175.4 billion by 2020 growing at a CAGR of 7.1% during the forecasting period, 2020-2028. Oncology is one of the branches of medicine which deals prevention, diagnosis, and treatment of cancer. It includes the medical, surgical and radiation oncology. Medical oncology is of various types like chemotherapy, targeted therapy and immunotherapy. Factors such as increasing demand for minimally invasive procedures and the increasing number of targeted populations are some of the major drivers for the oncology market
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Key Findings
Global oncology market is segmented into areas, cancer type, treatment, technology, drugs, stage, end-user and geography.
Area’s segment is segmented into Medical, Surgical and Radiation. Medical segment is further segmented into chemotherapy, Targeted Therapy and Immunotherapy. Surgical segment is further segmented into Image-Guided Biopsy, Fine Needle Aspiration Biopsy, Core Needle Biopsy, Vacuum-Assisted Biopsy, Excisional Biopsy, Shave Biopsy, Punch Biopsy, Endoscopic Biopsy, Laparoscopic Biopsy, Bone Marrow Aspiration and Biopsy, Liquid Biopsy.
Cancer Type segment is segmented into Haematology Cancer, Ovarian Cancer, Pancreatic Cancer, Lung Cancer, Bladder Cancer, Prostate Cancer, Breast Cancer, Kidney Cancer and Others
Treatment segment is segmented into Combination Therapy, Adjuvant Therapy, Supportive Therapy, Palliative Care and Others
Technology segment is segmented into Car-T Cell Therapy, CRISPR/CAS9 and Others
Drugs segment is segmented into Revlimid, Avastin, Herceptin, Rituxan, Opdivo, Gleevec, Imbruvica, Velcade, Zytiga, Xtandi and Others
Stage segment is segmented into Stage I, Stage II, Stage III and Stage IV
End Users segment is segmented into Hospitals, Specialty Clinics, Oncology Centers, Surgical Centers and Others.
Geographically, global oncology market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Oncology Market Regional Analysis
North America region is the largest contributor to the oncology market in the forecast period 2020-2028 and Asia-Pacific region is expected to grow with the highest CAGR during the forecast period 2020-2028.
Oncology Market Competitive Landscape
· Key players
· Roche
· BMS Pharmaceuticals
· Novartis, Johnson & Johnson
· Takeda Pharmaceuticals
· Pfizer Inc.
· Eli Lilly
· Merck & Co.
· Amgen
· Abbvie
· Allogene Therapeutics
· Juno Therapeutics
· Morphosys
· Arcus Biosciences
· Atreca
· Autolus
· Novocure
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Oncology Market Recent Developments
The companies have come up with various promotional activities in from of launch, investment, acquisition and other, for instance:
- Boston Scientific announced it has reached an agreement on the terms of a recommended offer to acquire BTG plc. a company headquartered in the United Kingdom, which develops and commercializes products used in minimally-invasive procedures targeting cancer and vascular diseases, as well as acute care pharmaceuticals
- Medtronic Plc announced its U.S. launch of OptiSphere (TM) embolization spheres, a resorbable embolic platform designed for embolization of hypervascular tumors
Hence, tremendous progress has been made over the last decade and yet a lot more to come in the recent years.
Reasons to Acquire in the Oncology Market
- Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
- Gain authentic and granular data access for oncology market so as to understand the trends and the factors involved behind changing market situations
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
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