Interventional Oncology Market

30 Apr


Interventional Oncology Market Poised to Grow at a CAGR of 10.8% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Interventional Oncology Market. The report presents analysis of global as well as regional markets of interventional oncology market over the period of 2016 to 2024.

Interventional technology is one of the type of cancer care that is done with the help of minimally invasive procedure. The increase awareness concerning the benefits of minimally invasive surgeries, such as reduced risk of infection, minimal complications, shorter hospital stay, lesser pain, and faster recovery time as compared to the conventional open surgeries, are encouraging patients and surgeons to go for minimally invasive surgeries. Thus growing demand for minimally invasive therapeutics to drive the market growth. Also, the ability of minimally invasive techniques to treat cancerous cells better than alternative cancer treatments such as radiation therapy, surgeries, and systematic chemotherapy has helped the technique, gain popularity. Furthermore, use of image guided solutions with oncology procedure is also encouraging the market growth. However high treatment cost of interventional oncology hinders the market growth. Development of new innovative products that can efficiently treat cancer will also in aid in market growth in coming years


Among the geographies, North America has the largest market share in the interventional oncology market in 2017. Rising incidence of cancer among North American citizens, increase adoption of minimally invasive procedures, improved reimbursement policies and tremendous technological progress in the field of radiology are the key factors responsible for driving growth in this region. Asia Pacific is expected to be the fastest growing region in terms of CAGR, throughout the forecast period 2018-2024, owing to rising healthcare infrastructure, increasing disposable income and huge population base. With huge population, the chances of people getting affected with cancer increases.

Technological advancements and introduction of new products are the strategies adopted by the key players, in order to gain competitive advantage among its peers.


Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global interventional oncology market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


Get 15% discount for early purchase of global interventional oncology market report by clicking the following link, Use code IGRD15 to request the discount in the given form


The recent report identified that North America dominated the global interventional oncology market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the interventional oncology market worldwide.


The report segments the global interventional oncology market on the basis of Procedure.


Global Interventional Oncology Market by Procedure

·         Radiation Therapy

·         Ablation

·         Particle Embolization


Companies Profiled in the Report

·         Boston Scientific Ltd

·         BTG

·         Medtronic PLC

·         Merit Medical

·         Cook Medical

·         AtriCure

·         NeuWave Medical

·         Profound Medical

·         AngioDynamics

·         Terumo Corporation


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.