Interventional Oncology Market: 2022 Advanced Technology In-Depth Market Overview
Interventional
Oncology is a growing field that focuses on the use of minimally
invasive techniques to diagnose, treat, and monitor cancer. This type of
therapy is increasingly being used to reduce the need for traditional open
surgery, and to improve the quality of life of patients with cancer. It is a
rapidly evolving field, and the market for products and services related to
interventional oncology is expected to grow significantly in the coming years.
There are a number of different products and services
available in the interventional oncology market, ranging from minimally
invasive imaging technologies to drug-eluting stents and radiation therapy.
Imaging technologies such as computed tomography (CT) and magnetic resonance
imaging (MRI) are used to diagnose and monitor tumors, while drug-eluting
stents and radiation therapy are used to treat cancer.
The global interventional oncology market is projected to
reach USD 2.9 billion by 2026 from USD 1.9 billion in 2020 and is projected to
grow at a compound annual growth rate (CAGR) of over 6.8% from 2020 to 2026.
The growth of the market is largely driven by factors such as the increasing
prevalence of cancer, the rise in demand for minimally invasive procedures,
technological advancements, and the growing.
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Interventional Oncology Market – Key Players:
prominent players in this
market included Medtronic (Ireland), Boston Scientific (US), BD (US), Terumo
(Japan), Merit Medical (US), Angiodynamics (US), J&J (US), Teleflex (US),
Cook Medical (US), HealthTronics (US), MedWaves (US), Sanarus (US), IMBiotechnologies
(Canada), Trod Medical (US), IceCure Medical (Israel), Mermaid Medicals
(Denmark), Interface Biomaterials BV (Netherlands), Guerbet (France), ABK
Biomedical (Canada), Shape Memory Medical (US), Endo Shape (US), Monteris
Medical (US), Instylla (US), Trisalus Lifesciences (US), Profound Medical Corp
(Canada), Sirtex (US), Accuray (US), Baylis Medical (Canada), and ALPINION
MEDICAL SYSTEMS (South Korea), among others.
This research report categorizes the interventional oncology market
based on product, procedure, cancer type, end user, and region.
By Product
·
Embolization Devices
o
Radioembolic Agents
o
Non-Radio embolic Agents
§
Microspheres
§
Coated Beads
§
Microparticles
·
Ablation Devices
o
Radiofrequency (RF) Ablation Devices
o
Microwave Ablation Devices
o
Cryoablation Devices
o
Other Ablation Devices
·
Support Devices
o
Microcatheters
o
Guidewires
By Procedure
·
Thermal Tumor Ablation
·
Non-Thermal Tumor Ablation
·
Transcatheter Arterial Chemoembolization
·
Transcatheter Arterial Radioembolization/Selective
Internal Radiation Therapy
·
Transcatheter Arterial Embolization/Bland
Embolization
By Cancer Type
·
Liver Cancer
·
Lung Cancer
·
Bone Metastasis
·
Kidney Cancer
·
Breast Cancer
·
Prostate Cancer
·
Other Cancers
By End Users
·
Hospitals
·
Ambulatory Surgery Centers
·
Research & Academic Institutes
Asia Pacific likely to emerge as the fastest-growing
interventional oncology market, globally
Emerging Asian countries, such as China, India, South Korea,
Taiwan, and Singapore, offer high-growth market players opportunities. The Asia
Pacific interventional oncology market is projected to grow the fastest from
2020 to 2026. Their lucrative growth potential is driven by factors such as
supportive government policies for product manufacturing & cancer therapies,
the rapid expansion of healthcare infrastructure in key Asian countries, and
robust cancer research infrastructure in Japan.
By Region
·
North America
o
US
o
Canada
·
Europe
o
Germany
o
UK
o
France
o
Italy
o
Spain
o
RoE
·
Asia Pacific
o
Japan
o
China
o
India
o
RoAPAC
·
Latin America
o
Brazil
o
Mexico
o
Rest of Latin America
·
Middle East and Africa
Interventional Oncology Market Recent Developments
·
In 2021, Boston Scientific (US) launched
Launched the TheraSphere Y-90 Glass Microspheres
·
In 2018, Merit Medical Systems (US) launched the
Preclude IDeal Hydrophilic Sheath Introducer in EMEA markets
·
In 2018, IMBiotechnologies (US) launched ‘Ekobi
500 Embolization Microspheres’ with an enhanced feature of detectability using
ultrasound technology.
·
In 2018, Medical City and distributor Gulf Medical
Company to install the first IMRIS Surgical Theatre in Saudi Arabia.
·
In 2018, Medtronic (Ireland) launched its
OptiSphere embolization spheres designed for hypervascular tumor embolization
in the US
Related Report Study:
Interventional
Radiology Products Market
interventional
radiology imaging market
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Content Source:
https://www.marketsandmarkets.com/PressReleases/interventional-oncology.asp
https://www.marketsandmarkets.com/ResearchInsight/interventional-oncology-market.asp
https://www.prnewswire.com/news-releases/interventional-oncology-market
https://www.pharmiweb.com/press-release/2022-11-08/interventional-oncology
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