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NEW YORK , Oct. 7, 2022 /PRNewswire/ -- The global interventional oncology market has been categorized as a part of the global life science tools and services market. The parent market, the global life science tools and services market, covers products and companies engaged in the research and development (R&D) of various product categories, including instruments, capital equipment, accessories, and consumables that are used for the R&D of pharmaceuticals and biotechnology products and laboratory diagnosis of various diseases.
The interventional oncology market size is expected to grow by USD 1.03 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 7.49% during the forecast period, according to Technavio.
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The interventional oncology market report covers the following areas:
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The interventional oncology market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The market is highly competitive is high due to the presence of numerous vendors that have high product differentiation. Key vendors hold a significant share of the market owing to their strong expertise and financial capabilities. They are focusing on inorganic growth strategies to expand their presence and add new technologies to strengthen their product portfolio. However, new vendors are competing with established vendors by strengthening their positions in local markets.
AngioDynamics Inc., Boston Scientific Corp., Cook Medical LLC, EDAP TMS SA, Elekta AB, HealthTronics Inc., IceCure Medical, ILJIN Group, INSIGHTEC Ltd., Johnson and Johnson, Medtronic Plc, MedWaves Inc., Merit Medical Systems Inc., Mermaid Medical Group, Profound Medical Corp., Siemens AG, Sirtex Medical Pty Ltd., Sonablate Corp., Teleflex Inc., and Terumo Corp. are among some of the major market participants.
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Accelerate at a CAGR of 7.49%
North America, Europe, Asia, and Rest of World (ROW)
US, Canada, Mexico, UK, Germany, and China
Leading companies, competitive strategies, consumer engagement scope
AngioDynamics Inc., Boston Scientific Corp., Cook Medical LLC, EDAP TMS SA, Elekta AB, HealthTronics Inc., IceCure Medical, ILJIN Group, INSIGHTEC Ltd., Johnson and Johnson, Medtronic Plc, MedWaves Inc., Merit Medical Systems Inc., Mermaid Medical Group, Profound Medical Corp., Siemens AG, Sirtex Medical Pty Ltd., Sonablate Corp., Teleflex Inc., and Terumo Corp.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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