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Global Interventional Oncology Market to reach USD XX million by 2028.

Global Interventional Oncology Market Size study, By Product (Ablation, Particle Embolization, Support Devices), and Regional Forecasts 2022-2028

Product Code: HLSDT-11662196
Publish Date: 30-08-2022
Page: 200

Global Interventional Oncology Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Interventional Oncology can be defined as a cancer treatment procedure with minimally invasive techniques in the management of cancer. In Interventional procedure an oncologist performs diagnostic procedures, such as colonoscopies or endoscopies, X-ray, ultrasound, computed tomography (CT), magnetic resonance imaging (MRI) to enable targeted and precise treatment of cancer tumours. The growing penetration of Cancer worldwide and increasing demand for minimally invasive treatment procedures as well as recent collaboration activities from leading market players are factors that are accelerating the global market demand. For instance, according to World Cancer Research Fund International estimates – as of 2020, around 18.1 million cancer cases were estimated worldwide. Out of these, 9.3 million cases were reported in men and around 8.8 million reported in women. Breast and lung cancers were the most common cancers worldwide, accounting for 12.5% (2.26 million) and 12.2% (2.20 million) of the total number of new cases diagnosed in 2020. Furthermore, leading market players are working towards strategic partnerships and collaborations to develop interventional oncology solutions. For instance, in July 2021, Medical technology firm Terumo Europe and University Medical Centre Utrecht (UMCU) entered in a memorandum of understanding (MoU) to extend their partnership in the field of oncology. Also, growing number of R&D activities towards new cancer therapeutics as well as rising healthcare infrastructure in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, inadequate distribution of funds for the research purpose, and earth of skilled professionals impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Interventional Oncology Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of research and development activities and presence of leading cancer care centers in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing healthcare sector and increasing incidences of cancer cases in the region, would create lucrative growth prospects for the global Interventional Oncology Market across the Asia Pacific region.

Major market players included in this report are:
Alpinion Medical Systems Co. Ltd.
AngioDynamics
Boston Scientific Corporation
Hologic, Inc.
Medtronic Plc.
Merit Medical
Profound Medical
Siemens Healthineers
Teleflex Incorporated
Terumo Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Ablation
Particle Embolization
Support Devices
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Interventional Oncology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Interventional Oncology Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Interventional Oncology Market, by Product, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Interventional Oncology Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Interventional Oncology Market Dynamics
3.1. Interventional Oncology Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing penetration of Cancer worldwide.
3.1.1.2. Increasing demand for minimally invasive treatment procedures.
3.1.1.3. Recent collaboration activities from leading market players.
3.1.2. Market Challenges
3.1.2.1. Inadequate distribution of funds for the research purpose
3.1.2.2. Dearth of skilled professionals.
3.1.3. Market Opportunities
3.1.3.1. Growing number of R&D activities towards new cancer therapeutics.
3.1.3.2. Rising healthcare infrastructure in emerging economies.
Chapter 4. Global Interventional Oncology Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Interventional Oncology Market, by Product
6.1. Market Snapshot
6.2. Global Interventional Oncology Market by Product, Performance – Potential Analysis
6.3. Global Interventional Oncology Market Estimates & Forecasts by Product 2018-2028 (USD Million)
6.4. Interventional Oncology Market, Sub Segment Analysis
6.4.1. Ablation
6.4.2. Particle Embolization
6.4.3. Support Devices
Chapter 7. Global Interventional Oncology Market, Regional Analysis
7.1. Interventional Oncology Market, Regional Market Snapshot
7.2. North America Interventional Oncology Market
7.2.1. U.S. Interventional Oncology Market
7.2.1.1. Product estimates & forecasts, 2018-2028
7.2.2. Canada Interventional Oncology Market
7.3. Europe Interventional Oncology Market Snapshot
7.3.1. U.K. Interventional Oncology Market
7.3.2. Germany Interventional Oncology Market
7.3.3. France Interventional Oncology Market
7.3.4. Spain Interventional Oncology Market
7.3.5. Italy Interventional Oncology Market
7.3.6. Rest of Europe Interventional Oncology Market
7.4. Asia-Pacific Interventional Oncology Market Snapshot
7.4.1. China Interventional Oncology Market
7.4.2. India Interventional Oncology Market
7.4.3. Japan Interventional Oncology Market
7.4.4. Australia Interventional Oncology Market
7.4.5. South Korea Interventional Oncology Market
7.4.6. Rest of Asia Pacific Interventional Oncology Market
7.5. Latin America Interventional Oncology Market Snapshot
7.5.1. Brazil Interventional Oncology Market
7.5.2. Mexico Interventional Oncology Market
7.6. Rest of The World Interventional Oncology Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Alpinion Medical Systems Co. Ltd.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. AngioDynamics
8.2.3. Boston Scientific Corporation
8.2.4. Hologic, Inc.
8.2.5. Medtronic Plc.
8.2.6. Merit Medical
8.2.7. Profound Medical
8.2.8. Siemens Healthineers
8.2.9. Teleflex Incorporated
8.2.10. Terumo Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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