Categories
Pharmaceutical

Sales Revenue of Hyperthermia Cancer Treatment Market To Surge in Near Future Owing To Rapid Adoption Across Key Industries : FactMR

The global hyperthermia cancer treatment market is expected to grow due to the rising incidence of cancer such as breast cancer and the high demand for diagnosis of cancer.  According to Fact.MR, the market is estimated to reach over US$ 250 million by 2031.

As per a study by the National Cancer Institute (NCI), in 2020, around 1,806,590 new cases of cancer were expected to be diagnosed in the U.S., with colorectal, lung, and prostate cancer comprising approximately 43% of the total cancer cases in men in 2020.

Similarly, lung, colorectal, and breast cancer were likely to affect around 50% of all new cancer diagnosed in women in 2020. Thus, demand for effective treatment to curb the incidence of cancer will boost the market growth.

In addition, according to the World Health Organization (WHO), breast cancer is the most common cancer found in women and the second most commonly occurring cancer. More than 2 million new cases of breast cancer were diagnosed across the globe in 2018. Therefore, the scope for incorporating better treatments is growing resulting in the boosting demand for hyperthermia cancer treatment.

North America accounts for the largest market share in the global hyperthermia cancer treatment market. Increasing demand for diagnostic procedures and technological advancement in the field of cancer treatment has made the region highly promising for market growth.

“Rising demand for advanced non-invasive surgical and therapeutic options such as combination controlled heating therapy and deep tissue thermal therapy, is widening the growth prospects for prominent market players,” says the Fact.MR analyst.

Request a report sample to gain comprehensive insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=5877

Key Takeaways

  • The U.S. hyperthermia cancer treatment market is expected to experience significant growth owing to the high prevalence of cancer.
  • Rising preference for minimally invasive cancer treatment is stimulating the demand for hyperthermia cancer treatment in the U.K.
  • Ongoing technological advancement in healthcare is expected to drive market growth in France.
  • Presence of a large population base suffering from cancer presents a lucrative growth opportunity for the market in Asia-Pacific.
  • Microwave hyperthermia cancer treatment devices account for the largest sales in the hyperthermia cancer treatment market.

Key Drivers

  • Rising prevalence of cancers such as breast and prostate cancers will fuel the demand for hyperthermia cancer treatment.
  • Increasing demand for non-invasive diagnostic treatment will spur the growth of the market.
  • Growing awareness about the diagnostics and treatment for cancers will thrust the demand for hyperthermia cancer treatment.

Key Restraints

  • Lack of adequate skills and experience to conduct hyperthermia cancer treatment surgeries is negatively affecting growth.
  • High costs of hyperthermia cancer treatment are a factor hampering the market growth.

Request Customization of the Hyperthermia Cancer Treatment Market Report at

https://www.factmr.com/connectus/sample?flag=RC&rep_id=5877

Competitive Landscape

Prominent players operating in the hyperthermia cancer treatment market profiled by Fact.MR includes PYREXAR Medical, Celsius42 GmbH, Hydrosun GmbH, Oncotherm Kft., Andromedic S.r.l., Yamamoto Vinita Co. Ltd, Chongqing Haifu Medical, Technology Co. Ltd., innoMedicus Ltd., Gamida-Cell Ltd., and RanD. Key market players are focusing on new approaches to treat and diagnose potential cancers and strengthen their distribution networks to maintain their leading in the market.

  • innoMedicus Ltd. published a study in JAMA Oncology, establishing that non-contrast MRI yields better diagnosis of prostate cancer in 2021.
  • Gamida Cell announced a collaboration with Highbridge Capital Management to further its Omidubicel and GDA-201 clinical development.

Buy Now – https://www.factmr.com/checkout/5877

More Insights on the Hyperthermia Cancer Treatment Market

Fact.MR offers unbiased analysis of the hyperthermia cancer treatment market. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of device (infrared devices for hyperthermia cancer treatment, magnetic hyperthermia devices, ultrasound hyperthermia devices, microwave devices for hyperthermia cancer treatment, and others), treatment method (loco-regional method, external & interstitial, intraluminal or endocavitary methods, Continuous Hyperthermic Peritoneal Perfusion (CHPP), deep tissue & regional perfusion, and whole body), application (breast cancer, liver cancer, soft tissue, sarcoma, head & neck tumors, prostate cancer, and others), and end users (hospitals & specialty clinics, and ambulatory surgical centers), across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa).

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Pharmaceutical

Continuous Hyperthermia Cancer Treatment Market: Rising Cancer Prevalence Is Attributed as the Chief Growth Driver for this Market

Award-winning consulting firm Fact.MR has recently published an extensive report on the global market for hyperthermia cancer treatment for the forecast period of 2021-2031. According to the study, the market is anticipated to accrue impressive gains, expanding at a CAGR of around 6% to surpass a valuation of US$ 250 million by 2031. Rising cancer prevalence is attributed as the chief growth driver for this market.

The International Agency for Research on Cancer (IARC) estimates that, globally, 1 in 5 people develop cancer during their lifetime, and 1 in 8 men and 1 in 11 women die from the disease, respectively. These new estimates suggest that more than 50 million people are living within five years of a past cancer diagnosis. Also, according to the World Health Organization, breast cancer is the most commonly occurring cancer in women and the second-most common cancer overall. Over 2 million new cases of breast cancer were diagnosed across the world in 2018. Hence, the scope for incorporating sophisticated treatments is increasing, paving way for enhanced adoption of hyperthermia cancer treatment.

For more insights into the Market, Request a Sample of this Report https://www.factmr.com/connectus/sample?flag=S&rep_id=5877

Furthermore, various governmental initiatives to fund extensive cancer research programs are proving to be a boon for market growth. For instance, in April 2016, the U.S. Government allotted US$ 5.2 billion to the National Cancer Institute (NCI) for cancer research and training. This has enabled the U.S. healthcare system to deploy a host of advanced cancer treatment and diagnosis solutions.

hyperthermia cancer treatment market

Key Take aways from Market Study

  • Microwave hyperthermia cancer treatment devices to account for over 40% revenue share through 2031
  • By application, treatment for breast cancer to remain key revenue generator
  • Prospects for deep tissue ®ional perfusion appear highly promising, expected to post significant gains
  • By enduser, hospitals to yield over two-fifth of the global revenue share through 2031
  • High cancer incidence and prevalence rates to stimulate demand across the U.S.
  • The U.K. to stimulate high demand amid growing preference for minimally invasive cancer treatment
  • Rapid advancements in medical technology to bolster uptake across France and Germany

“Rising demand for improving clinical outcomes and inflicting minimal patient discomfort is prompting healthcare providers to deploy a broad range of advanced surgical and therapeutic options, including high intensity focused ultrasound (HIFU), widening the growth prospects of market players,” says a Fact.MR analyst.

Get Customization on this Research Report for specific research solutions https://www.factmr.com/connectus/sample?flag=RC&rep_id=5877

Key Market Segments Covered

  • Device
    • Infrared Devices for Hyperthermia Cancer Treatment
    • Magnetic Hyperthermia Devices
    • Ultrasound Hyperthermia Devices
    • Microwave Devicesfor Hyperthermia Cancer Treatment
    • Others
  • Treatment Method
    • Loco-regional Method
    • External & Interstitial
    • Intraluminal or Endocavitary Methods
    • Continuous Hyperthermic Peritoneal Perfusion (CHPP)
    • Deep Tissue & Regional Perfusion
    • Whole Body
  • Application
    • Breast Cancer
    • Liver Cancer
    • Soft Tissue Sarcoma
    • Head & Neck Tumors
    • Prostate Cancer
    • Others
  • End User
    • for Hyperthermia Cancer Treatment at Hospitals & Specialty Clinics
    • for Hyperthermia Cancer Treatment at Ambulatory Surgical Centers
    • Others
  • Region
    • North America
      • US
      • Canada
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • Japan
      • China
      • India
      • Australia & New Zealand
      • Rest of APAC
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC
      • South Africa
      • Rest of MEA

Full Access of this Report Is Available at https://www.factmr.com/checkout/5877

Competitive Landscape

Fact.MR’s has profiled the following hyperthermia cancer treatment solution providers in its research report: PYREXAR Medical, Celsius42 GmbH, Hydrosun GmbH, Oncotherm Kft., Andromedic S.r.l., Yamamoto Vinita Co. Ltd, Chongqing Haifu Medical Technology Co. Ltd., innoMedicus Ltd., Gamida-Cell Ltd., and RanD. Some key expansion strategies deployed by the afore mentioned players include strengthening distribution networks and introducing new approaches to treat and diagnose potential cancers.

More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the hyperthermia cancer treatment market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of device (infrared devices, ultrasound devices, microwave devices, and others), treatment method (loco-regional and whole body), application (breast cancer, liver cancer, soft tissue sarcoma, head & neck tumors, prostate cancer, and others) and enduser (hospitals & specialty clinics, ambulatory surgical centers, and others) across five major regions of the world (North America, Europe, Latin America, AsiaPacific, and the Middle East & Africa).

For More Insights https://www.biospace.com/article/increasing-levels-of-adoption-and-cosmetology-related-demands-will-drive-skin-cooling-systems-market-to-greater-lengths-expects-fact-mr/

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com