The global brain tumor diagnosis and therapeutics market size
is expected to reach USD 773.1 million by 2025, according to a new report by
Grand View Research, Inc. The market is expected to pose lucrative growth over
the forecast period, owing to increasing incidence of various brain cancers,
particularly glioblastoma, coupled with rising geriatric population.
Increasing Public-Private Partnerships
(PPPs) in the health sector, which are modernizing diagnostic imaging and
radiology services, are supporting the expansion of this industry. Emerging
technologies like Sodium Magnetic Resonance Imaging(23Na MRI),
Positron Emission Tomography (PET), and Chemical Exchange Saturation Transfer
(CEST) are used to detect the response of brain tumors in multicenter clinical
trial settings. In addition, these technologies are helpful in quantitatively
imaging tumor response to therapies, thereby promoting their use during
treatment.
These technologies have the potential
to extend MRI beyond anatomical imaging by providing information on physiology
and cellular metabolism, thereby increasing the efficiency of diagnosis. Hence,
the market is expected to witness productive growth over the forecast period.
Moreover, ongoing research in
molecular diagnostics to understand cell biology at cellular level of
malignancy and identification of gene mutations associated with malignancy is
anticipated to significantly contribute toward the growth of the industry.
On the other hand, high cost of
diagnosing brain tumors, which ranges from USD 450 to 12,200, is likely to
hinder the growth of the global brain tumor diagnosis market.
Browse full research report on Brain Tumor Diagnosis And
Therapeutics Market: https://www.grandviewresearch.com/industry-analysis/brain-tumor-diagnosis-and-therapeutics-market
Further Key Findings From the Study Suggest:
- CT scan segment held a lucrative revenue share in 2015 and is
also likely to grow at a significant rate during the forecast period
- Chemotherapy is anticipated to witness the fastest growth
over the forecast period owing to presence of a large research pipeline by
the industry players.
- North America is expected to dominate the brain tumor
diagnosis and therapeutics market, owing to developed healthcare
infrastructure coupled with rising awareness regarding advanced
technologies amongst the population in this region. In addition,
increasing consumer disposable income supported by healthcare insurance
and reimbursement policies in the U.S. is expected to spur growth.
- Some of the key players for the market are GE Healthcare;
Hitachi, Ltd.; Philips Healthcare; Siemens Healthineers; Toshiba
Corporation; Fujifilm Corporation; Shimadzu Corporation; Carestream
Health; Merck & Co.; Astra Zeneca; Bristol Myer Squibb; Novartis; and
Roche Diagnostics.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/brain-tumor-diagnosis-and-therapeutics-market/request/rs1
Grand View Research has segmented the global brain tumor diagnosis
and therapeutics market on the basis of type, therapeutics, and region:
Brain Tumor Diagnosis Type Outlook (Revenue, USD Million,
2014 - 2025)
- MRI
- CT
Scan
- Tissue
Sampling
- PET-CT
Scan
- Cerebral
Arteriogram
- Lumbar
Puncture
- Molecular
Testing
- EEG
Brain Tumor Therapeutics Outlook (Revenue, USD Million, 2014 -
2025)
- Surgery
- Radiation
Therapy
- Chemotherapy
- Immunotherapy
- Targeted
Therapy
Brain Tumor Diagnosis and Therapeutics Regional Outlook (Revenue,
USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia
Pacific
- Japan
- India
- Latin
America
- Brazil
- Mexico
- Middle
East and Africa (MEA)
- South
Africa
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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