PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1866221
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1866221
Interventional Oncology Market Introduction and Overview
According to SPER market research, 'Global Interventional Oncology Market Size- By Technique, By Procedure, By Applications, By End-use- Regional Outlook, Competitive Strategies and Segment Forecast to 2034' states that Global Interventional Oncology Market is projected to be worth 6.29 billion by 2034 and is anticipated to surge at a CAGR of 8.83%.
A speciality area of medicine called interventional oncology focuses on using minimally invasive, image-guided techniques to diagnose and treat cancer. It encompasses techniques such as tumor ablation, embolization, and targeted drug delivery, which allow physicians to treat cancerous tissues accurately while minimizing harm to surrounding healthy areas. These approaches offer significant advantages over conventional treatments like surgery and radiation, including shorter recovery times, fewer complications, and enhanced patient comfort.
Restraints: The Global Interventional Oncology Market is facing several challenges due to the high cost of procedures, which limits widespread adoption. Treatments such as TACE, TARE, and percutaneous ablation require advanced and specialized equipment, including Yttrium-90, sophisticated catheters, embolic agents, and state-of-the-art imaging systems, making production and scaling expensive. Additionally, these procedures demand highly skilled interventional radiologists and trained support staff, further increasing overall costs.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Technique, By Procedure, By Applications, By End-use
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
AngioDynamics Inc., Boston Scientific Corporation, Cook Medical, GE Healthcare, Johnson & Johnson (Ethicon), Medtronic plc, Profound Medical, Siemens Healthineers, Stryker Corporation, and Teleflex Incorporated.
Global Interventional Oncology Market Segmentation:
By Technique: Based on the Technique, Global Interventional Oncology Market is segmented as; Ablation Therapies, Embolization Therapies.
By Procedure: Based on the Procedure, Global Interventional Oncology Market is segmented as; Tumor Ablation, Tumor Biopsy, Vascular Intervention, Palliative Care.
By Applications: Based on the Applications, Global Interventional Oncology Market is segmented as; Liver Cancer, Lung Cancer, Kidney Cancer, Prostate Cancer, Breast Cancer.
By End-Use: Based on the End-Use, Global Interventional Oncology Market is segmented as; Hospitals, Specialty Clinics.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.