Wednesday, February 1, 2023

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Health Care India Next-Gen Oncology Devices And Solutions Market Is In Growing Stage, Being...

India Next-Gen Oncology Devices And Solutions Market Is In Growing Stage, Being Driven By By Increasing Demand For Oncology Services, Emerging Technologies In Oncology Testing And Treatment And Increasing Disease Awareness – Ken Research

1. India Oncology Devices and Solutions Market grew at a CAGR of 18.2% and generated ~ USD Mn in FY’22, supported by rise in cancer cases, early detection and emerging technologies in oncology testing and treatment.

Oncology Devices Rental ModelFor more information, Request a Free Sample Report

With increasing awareness and affordability, the demand for minimally invasive techniques relating to oncology treatment and testing has also been increasing. The industry is constantly evolving through newer technologies Cancer disease burden in India is characterized by poor detection. In recent times, multiple disease screening camps are being organized by the hospitals and organizations to detect the disease. This will facilitate the growth of devices and solutions market by accelerating the treatments.

2. India ranks at number 7 amongst the 20 wellness tourism markets with over 56 Mn trips made to India till now

Demand Of Cancer Screening Devices Market IndiaVisit A link Request for Custom Report

India is one of the most affordable countries for the expensive medical treatments. It is estimated that the cost for treatment in India is only about 10% – 20% of what similar treatments (for radiation therapy as well) cost in the West and other countries. India has a high number of Joint Commission International (JCI) accredited hospitals. In total there are 37 hospitals in India which are certified by JCI. The Indian government has instituted an re-visa program for travelers from select countries, allowing visitors to stay in the country for up to 60 days . Applicants simply apply online and receive e-visa within 3 working days

3. India Oncology Devices market is concentrated with few international players dominating the market

Worldwide Companion Diagnostic IndustryMarket is in Growth Stage due to Expansion in terms of new technologies, increasing adoption rate by end users. 2 Players in India Oncology Devices Market account for a lion’s share in the market. On the other hand, Oncology Solutions Market is fragmented with presence of hospitals, diagnostic centers, in the country. There has been Continuous product innovations by key players and adoption to advanced devices by hospitals to significantly boost the market expansion in future.

For more insights on the market intelligence, refer to the link below:-

India Oncology Device Market

Follow Us:-

Facebook | Twitter | LinkedIn |Instagram

RELATED ARTICLES

Thailand Medical Device Market is all set to grow with double-digit CAGR from 2021 to 2026F, with import contributing the highest revenue share –...

Buy Now 1. Thailand’s medical devices market is one of the most well-known and well-established sectors in ASEAN countries which grew at a CAGR of...

Improvement in healthcare infrastructure and an increase in the geriatric population are driving the UAE Blood Gas, Immunoassay Analyzer, and Transcutaneous Monitoring Market –...

Buy Now 1. Installations of diagnostic devices (BGA, POC IAA, and TCM) are anticipated to increase in the United Arab Emirates as consumers' preference for...

Rapidly rising interest in all kinds of wellness-related behaviors and lifestyles will help the Algeria Fitness market to double its growth rate: Ken Research

Buy Now 1. Fitness industry in Algeria is an underpenetrated market with just a 1.0% penetration rate. To Know More about this report, download a Free Sample Report The...

Most Popular

Global Seed Treatment Market Outlook, and Revenue Forecast: Ken Research

Buy Now What Is the Size of Global Seed Treatment Industry? Global Seed Treatment market is growing at a CAGR of ~% in 2017-2022 and is...

Global Hand Dryers market expected to record a CAGR of ~8% during the forecast period (2017-2028): Ken Research

Buy Now What Is The Size Of Global Hand Dryers Industry? Global Hand Dryers market is growing at a CAGR of ~% in 2017-2022 and is...

Global Wax Market is expected to reach a market size of US$ 14 billion by 2028 growing with a CAGR of 5%: Ken Research

Buy Now What Is the Size of Global Wax Industry? Global Wax market is growing at a CAGR of ~% in 2017-2022 and is expected to...

Global Silicone Sealants market revenue to reach US$ 7 Bn by 2028: Ken Research

Buy Now Global Silicone Sealants Market By Geography The Global Silicone Sealants market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Asia Pacific...