Executive Summary

Azoth Analytics has released a research report titled "Oncology Devices Market (2023 Edition)" which provides a complete analysis of the global Oncology Devices By Device Type (Ablation Devices, Embolization devices, Other Devices), Cancer Type (Breast cancer, Uterine cancer, Colon and rectum cancer, Prostate cancer, Other Cancer Types) and By Application (Chemotherapy, Radiation, Surgical, Diagnosis). The analysis has been done for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.

The research report covers a detailed analysis of the regions (Americas, Europe, APAC, Middle East Africa) and 10 countries (United States, Canada, United Kingdom, Germany, France, Italy, Spain, China, India, Japan). Additionally, the research report presents data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities and demand forecast.

During the forecast period, 2024-2029, the Global Oncology Devices market is expected to grow at a CAGR of 18%. The Global Oncology Devices Market is expected to generate USD 217 billion by the end of 2029, up from USD 69.8 Billion in 2022.

The oncology devices market is comprised of a vast assortment of medical devices used for the detection, treatment, and management of cancer. These devices include imaging devices, biopsy devices, radiation therapy devices, surgical devices, and more. As cancer remains a leading cause of mortality and morbidity across the globe, there has been an increase in demand for oncology devices.

The primary driver of the Oncology Devices market is the rising incidence of cancer worldwide, which is primarily attributable to an ageing population, sedentary lifestyles, environmental factors, and genetic predisposition. Increasing cancer awareness and early detection measures have resulted in higher cancer screening rates. This has increased the demand for oncology devices used for early cancer detection and staging.

Moreover, accelerated technological developments have transformed the diagnosis and therapy of cancer. Novel medical devices, such as molecular testing, targeted treatments, and immunotherapies, have improved outcomes for patients and expanded treatment options, which is driving market growth.



Scope of the Report

• The report analyses the Oncology Devices Market by Value (USD Billion).

• The report presents the analysis of the Oncology Devices Market for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.

• The report analyses the Oncology Devices Market by Device Type (Ablation Devices, Embolization devices, Other Devices).

• The report analyses the Oncology Devices Market by Cancer Type (Breast cancer, Uterine cancer, Colon and rectum cancer, Prostate cancer, Other Cancer Types).

• The report analyses the Oncology Devices Market by Application (Chemotherapy, Radiation, Surgical, Diagnosis).

• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by services, by mode of operation & by end users.

• Also, the major opportunities, trends, drivers and challenges of the industry have been analyzed in the report.

• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Abbott Laboratories, F. Hoffmann-La Roche AG, Thermo Fisher Scientific, Becton, Dickinson and Company, Boston Scientific Corporation, GE HealthCare Technologies Inc, Elekta AB, Medtronic PLC, BEBIG Medical GmbH, and Theragenics Corporation.

1. Market Background

1.1 Scope and Product Outlook

1.2 Executive Summary

1.3 Research Methodology



2. Strategic Recommendations

2.1 Robot-assisted surgery devices for Cancer

2.2 Adoption of improved reimbursement policies to support the demand for Oncology devices market



3. Global Oncology Devices Market: Historic and Forecast (2019-2029)

3.1 Impact Analysis of Macro Economic Factors on the Oncology Devices Market

3.2 PET/CT price in Select countries, In EUR

3.3 Radiation therapy price, in Select Countries, in EUR

3.4 Radiofrequency ablation prices, in Select Countries, in EUR

3.5 Age-standardised cancer incidence rate, 2020

3.6 Oncology Devices in Pipeline

3.7 Global Oncology Devices Market: Dashboard

3.8 Global Oncology Devices Market: Market Value Assessment, 2019-2029 (USD Billion)

3.9 Impact of COVID-19 on the Global Oncology Devices Market

3.10 Global Oncology Devices Market Segmentation: By Device Type

3.10.1 Global Oncology Devices Market, By Device Type Type Overview

3.10.2 Global Oncology Devices Market Size, By Ablation Devices, By Value, 2019H-2029F (USD Billion & CAGR)

3.10.3 Global Oncology Devices Market Size, By Embolization devices, By Value, 2019H-2029F (USD Billion & CAGR)

3.10.4 Global Oncology Devices Market Size, By Other Devices, By Value, 2019H-2029F (USD Billion & CAGR)

3.11 Global Oncology Devices Market Segmentation: By Cancer Type

3.11.1 Global Oncology Devices Market, By Cancer Type Overview

3.11.2 Global Oncology Devices Market Size, By Breast Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

3.11.3 Global Oncology Devices Market Size, By Uterine Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

3.11.4 Global Oncology Devices Market Size, By Colon and rectum cancer, By Value, 2019H-2029F (USD Billion & CAGR)

3.11.5 Global Oncology Devices Market Size, By Prostate Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

3.11.6 Global Oncology Devices Market Size, By Other Cancer Types, By Value, 2019H-2029F (USD Billion & CAGR)

3.12 Global Oncology Devices Market Segmentation: By Application

3.12.1 Global Oncology Devices Market, By Application Overview

3.12.2 Global Oncology Devices Market Size, By Chemotherapy, By Value, 2019H-2029F (USD Billion & CAGR)

3.12.3 Global Oncology Devices Market Size, By Radiation, By Value, 2019H-2029F (USD Billion & CAGR)

3.12.4 Global Oncology Devices Market Size, By Surgical, By Value, 2019H-2029F (USD Billion & CAGR)

3.12.5 Global Oncology Devices Market Size, By Diagnosis, By Value, 2019H-2029F (USD Billion & CAGR)



4. Global Oncology Devices Market, Regional Analysis

4.1 Regional Coverage of the Study



5. Americas Oncology Devices Market: Historic and Forecast (2019-2029)

5.1 Americas Oncology Devices Market: Snapshot

5.2 Americas Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

5.3 Americas Oncology Devices Market: Key Factors

5.4 Americas Oncology Devices Market Segmentation: By Device Type

5.4.1 Americas Oncology Devices Market, By Device Type Overview

5.4.2 Americas Oncology Devices Market Size, By Ablation Devices, By Value, 2019H-2029F (USD Billion & CAGR)

5.4.3 Americas Oncology Devices Market Size, By Embolization devices, By Value, 2019H-2029F (USD Billion & CAGR)

5.4.4 Americas Oncology Devices Market Size, By Other Devices, By Value, 2019H-2029F (USD Billion & CAGR)

5.5 Americas Oncology Devices Market Segmentation: By Cancer Type

5.5.1 Americas Oncology Devices Market, By Cancer Type Overview

5.5.2 Americas Oncology Devices Market Size, By Breast Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

5.5.3 Americas Oncology Devices Market Size, By Uterine Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

5.5.4 Americas Oncology Devices Market Size, By Colon and rectum cancer, By Value, 2019H-2029F (USD Billion & CAGR)

5.5.5 Americas Oncology Devices Market Size, By Prostate Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

5.5.6 Americas Oncology Devices Market Size, By Other Cancer Types, By Value, 2019H-2029F (USD Billion & CAGR)

5.6 Americas Oncology Devices Market Segmentation: By Application

5.6.1 Americas Oncology Devices Market, By Application Overview

5.6.2 Americas Oncology Devices Market Size, By Chemotherapy, By Value, 2019H-2029F (USD Billion & CAGR)

5.6.3 Americas Oncology Devices Market Size, By Radiation, By Value, 2019H-2029F (USD Billion & CAGR)

5.6.4 Americas Oncology Devices Market Size, By Surgical, By Value, 2019H-2029F (USD Billion & CAGR)

5.6.5 Americas Oncology Devices Market Size, By Diagnosis, By Value, 2019H-2029F (USD Billion & CAGR)

5.7 Americas Oncology Devices Market Segmentation: By Country

5.7.1 United States Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

5.7.1.1 United States Oncology Devices Market, By Device Type

5.7.1.2 United States Oncology Devices Market, By Cancer Type

5.7.1.3 United States Oncology Devices Market, By Application

5.7.2 Canada Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

5.7.2.1 Canada Oncology Devices Market, By Device Type

5.7.2.2 Canada Oncology Devices Market, By Cancer Type

5.7.2.3 Canada Oncology Devices Market, By Application

5.7.3 Rest of Americas Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

5.7.3.1 Rest of Americas Oncology Devices Market, By Device Type

5.7.3.2 Rest of Americas Oncology Devices Market, By Cancer Type

5.7.3.3 Rest of Americas Oncology Devices Market, By Application



6. Europe Oncology Devices Market: Historic and Forecast (2019-2029)

6.1 Europe Oncology Devices Market: Snapshot

6.2 Europe Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

6.3 Europe Oncology Devices Market: Key Factors

6.4 Europe Oncology Devices Market Segmentation: By Device Type

6.4.1 Europe Oncology Devices Market, By Device Type Overview

6.4.2 Europe Oncology Devices Market Size, By Ablation Devices, By Value, 2019H-2029F (USD Billion & CAGR)

6.4.3 Europe Oncology Devices Market Size, By Embolization devices, By Value, 2019H-2029F (USD Billion & CAGR)

6.4.4 Europe Oncology Devices Market Size, By Other Devices, By Value, 2019H-2029F (USD Billion & CAGR)

6.5 Europe Oncology Devices Market Segmentation: By Cancer Type

6.5.1 Europe Oncology Devices Market, By Cancer Type Overview

6.5.2 Europe Oncology Devices Market Size, By Breast Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

6.5.3 Europe Oncology Devices Market Size, By Uterine Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

6.5.4 Europe Oncology Devices Market Size, By Colon and rectum cancer, By Value, 2019H-2029F (USD Billion & CAGR)

6.5.5 Europe Oncology Devices Market Size, By Prostate Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

6.5.6 Europe Oncology Devices Market Size, By Other Cancer Types, By Value, 2019H-2029F (USD Billion & CAGR)

6.6 Europe Oncology Devices Market Segmentation: By Application

6.6.1 Europe Oncology Devices Market, By Application Overview

6.6.2 Europe Oncology Devices Market Size, By Chemotherapy, By Value, 2019H-2029F (USD Billion & CAGR)

6.6.3 Europe Oncology Devices Market Size, By Radiation, By Value, 2019H-2029F (USD Billion & CAGR)

6.6.4 Europe Oncology Devices Market Size, By Surgical, By Value, 2019H-2029F (USD Billion & CAGR)

6.6.5 Europe Oncology Devices Market Size, By Diagnosis, By Value, 2019H-2029F (USD Billion & CAGR)

6.7 Europe Oncology Devices Market Segmentation: By Country

6.7.1 France Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

6.7.1.1 France Oncology Devices Market, By Device Type

6.7.1.2 France Oncology Devices Market, By Cancer Type

6.7.1.3 France Oncology Devices Market, By Application

6.7.2 United Kingdom Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

6.7.2.1 United Kingdom Oncology Devices Market, By Device Type

6.7.2.2 United Kingdom Oncology Devices Market, By Cancer Type

6.7.2.3 United Kingdom Oncology Devices Market, By Application

6.7.3 Italy Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

6.7.3.1 Italy Oncology Devices Market, By Device Type

6.7.3.2 Italy Oncology Devices Market, By Cancer Type

6.7.3.3 Italy Oncology Devices Market, By Application

6.7.4 Spain Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

6.7.4.1 Spain Oncology Devices Market, By Device Type

6.7.4.2 Spain Oncology Devices Market, By Cancer Type

6.7.4.3 Spain Oncology Devices Market, By Application

6.7.5 Germany Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

6.7.5.1 Germany Oncology Devices Market, By Device Type

6.7.5.2 Germany Oncology Devices Market, By Cancer Type

6.7.5.3 Germany Oncology Devices Market, By Application

6.7.6 Rest of Europe Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

6.7.6.1 Rest of Europe Oncology Devices Market, By Device Type

6.7.6.2 Rest of Europe Oncology Devices Market, By Cancer Type

6.7.6.3 Rest of Europe Oncology Devices Market, By Application



7. Asia-Pacific Oncology Devices Market: Historic and Forecast (2019-2029)

7.1 Asia-Pacific Oncology Devices Market: Snapshot

7.2 Asia-Pacific Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

7.3 Asia-Pacific Oncology Devices Market: Key Factors

7.4 Asia-Pacific Oncology Devices Market Segmentation: By Device Type

7.4.1 Asia-Pacific Oncology Devices Market, By Device Type Overview

7.4.2 Asia-Pacific Oncology Devices Market Size, By Ablation Devices, By Value, 2019H-2029F (USD Billion & CAGR)

7.4.3 Asia-Pacific Oncology Devices Market Size, By Embolization Devices, By Value, 2019H-2029F (USD Billion & CAGR)

7.4.4 Asia-Pacific Oncology Devices Market Size, By Other Devices, By Value, 2019H-2029F (USD Billion & CAGR)

7.5 Asia-Pacific Oncology Devices Market Segmentation: By Cancer Type

7.5.1 Asia-Pacific Oncology Devices Market, By Cancer Type Overview

7.5.2 Asia-Pacific Oncology Devices Market Size, By Breast Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

7.5.3 Asia-Pacific Oncology Devices Market Size, By Uterine Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

7.5.4 Asia-Pacific Oncology Devices Market Size, By Colon and rectum cancer, By Value, 2019H-2029F (USD Billion & CAGR)

7.5.5 Asia-Pacific Oncology Devices Market Size, By Prostate Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

7.5.6 Asia-Pacific Oncology Devices Market Size, By Other Cancer Types, By Value, 2019H-2029F (USD Billion & CAGR)

7.6 Asia-Pacific Oncology Devices Market Segmentation: By Application

7.6.1 Asia-Pacific Oncology Devices Market, By Application Overview

7.6.2 Asia-Pacific Oncology Devices Market Size, By Chemotherapy, By Value, 2019H-2029F (USD Billion & CAGR)

7.6.3 Asia-Pacific Oncology Devices Market Size, By Radiation, By Value, 2019H-2029F (USD Billion & CAGR)

7.6.4 Asia-Pacific Oncology Devices Market Size, By Surgical, By Value, 2019H-2029F (USD Billion & CAGR)

7.6.5 Asia-Pacific Oncology Devices Market Size, By Diagnosis, By Value, 2019H-2029F (USD Billion & CAGR)

7.7 Asia-Pacific Oncology Devices Market Segmentation: By Country

7.7.1 China Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

7.7.1.1 China Oncology Devices Market, By Device Type

7.7.1.2 China Oncology Devices Market, By Cancer Type

7.7.1.3 China Oncology Devices Market, By Application

7.7.2 Japan Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

7.7.2.1 Japan Oncology Devices Market, By Device Type

7.7.2.2 Japan Oncology Devices Market, By Cancer Type

7.7.2.3 Japan Oncology Devices Market, By Application

7.7.3 India Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

7.7.3.1 India Oncology Devices Market, By Device Type

7.7.3.2 India Oncology Devices Market, By Cancer Type

7.7.3.3 India Oncology Devices Market, By Application

7.7.4 Rest of Asia Pacific Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

7.7.4.1 Rest of Asia Pacific Oncology Devices Market, By Device Type

7.7.4.2 Rest of Asia Pacific Oncology Devices Market, By Cancer Type

7.7.4.3 Rest of Asia Pacific Oncology Devices Market, By Application



8. Middle-East & Africa Oncology Devices Market: Historic and Forecast (2019-2029)

8.1 Middle-East & Africa Oncology Devices Market: Snapshot

8.2 Middle-East & Africa Oncology Devices Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)

8.3 Middle-East & Africa Oncology Devices Market: Key Factors

8.4 Middle-East & Africa Oncology Devices Market Segmentation: By Device Type

8.4.1 Middle-East & Africa Oncology Devices Market, By Device Type Overview

8.4.2 Middle-East & Africa Oncology Devices Market Size, By Ablation Devices, By Value, 2019H-2029F (USD Billion & CAGR)

8.4.3 Middle-East & Africa Oncology Devices Market Size, By Embolization devices, By Value, 2019H-2029F (USD Billion & CAGR)

8.4.4 Middle-East & Africa Oncology Devices Market Size, By Other Devices, By Value, 2019H-2029F (USD Billion & CAGR)

8.5 Middle-East & Africa Oncology Devices Market Segmentation: By Cancer Type

8.5.1 Middle-East & Africa Oncology Devices Market, By Cancer Type Overview

8.5.2 Middle-East & Africa Oncology Devices Market Size, By Breast Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

8.5.3 Middle-East & Africa Oncology Devices Market Size, By Uterine Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

8.5.4 Middle-East & Africa Oncology Devices Market Size, By Colon and rectum cancer, By Value, 2019H-2029F (USD Billion & CAGR)

8.5.5 Middle-East & Africa Oncology Devices Market Size, By Prostate Cancer, By Value, 2019H-2029F (USD Billion & CAGR)

8.5.6 Middle-East & Africa Oncology Devices Market Size, By Other Cancer Types, By Value, 2019H-2029F (USD Billion & CAGR)

8.6 Middle-East & Africa Oncology Devices Market Segmentation: By Application

8.6.1 Middle-East & Africa Oncology Devices Market, By Application Overview

8.6.2 Middle-East & Africa Oncology Devices Market Size, By Chemotherapy, By Value, 2019H-2029F (USD Billion & CAGR)

8.6.3 Middle-East & Africa Oncology Devices Market Size, By Radiation, By Value, 2019H-2029F (USD Billion & CAGR)

8.6.4 Middle-East & Africa Oncology Devices Market Size, By Surgical, By Value, 2019H-2029F (USD Billion & CAGR)

8.6.5 Middle-East & Africa Oncology Devices Market Size, By Diagnosis, By Value, 2019H-2029F (USD Billion & CAGR)



9. Market Dynamics

9.1 Impact Assessment of Market Dynamics on the Global Oncology Devices Market

9.2 Drivers

9.3 Restraints

9.4 Trends



10. Industry Ecosystem Analysis

10.1 Macro-Economic Factor Assessment

10.2 Porter's Five Forces Model



11. Competitive Positioning

11.1 Companies' Product Positioning

11.2 Market Position Matrix

11.3 Market Share Analysis of Oncology Devices Market

11.4 Company Profiles

11.4.1 Abbott Laboratories

11.4.2 F. Hoffmann-La Roche AG

11.4.3 Thermo Fisher Scientific

11.4.4 Becton, Dickinson and Company

11.4.5 Boston Scientific Corporation

11.4.6 GE HealthCare Technologies Inc

11.4.7 Elekta AB

11.4.8 Medtronic PLC

11.4.9 BEBIG Medical GmbH

11.4.10 Theragenics Corporation

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