Next-Generation Oncology Devices Market size was valued at USD 30 Billion in 2024 and is forecasted to grow at a CAGR of 9% from 2026 to 2033, reaching USD 65 Billion by 2033.
The global Next Generation Oncology Devices Market was valued at approximately USD 7.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. The market is witnessing rapid advancements in cancer diagnostics and treatment technologies, with increasing adoption of personalized medicine, early detection techniques, and targeted therapies. North America holds the largest market share due to the presence of key healthcare infrastructure, high healthcare expenditure, and the growing demand for innovative oncology solutions. The region is expected to maintain its dominance throughout the forecast period, with the market size reaching over USD 3.2 billion by 2026. Additionally, Europe follows closely, driven by technological innovations and an increasing number of cancer cases, making it a significant player in the global market.
Asia Pacific is anticipated to exhibit the highest growth rate, with a CAGR of 9.3% during the forecast period. The regions market growth is fueled by an expanding healthcare sector, improving diagnostic capabilities, and rising awareness of cancer care. Emerging economies in the region, particularly China and India, are adopting advanced oncology devices rapidly, thanks to ongoing improvements in healthcare infrastructure. The Middle East and Africa are also expected to witness moderate growth in the coming years, with countries such as Saudi Arabia and the UAE investing in advanced medical technologies. Latin America’s market is projected to grow at a steady pace, driven by increasing healthcare access and government initiatives in cancer care advancements.
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Accuray
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Philips
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Next-Generation Oncology Devices Market
Diagnostic Devices
Treatment Devices
Monitoring Devices
Supportive Care Devices
Oncology Diagnostics
Radiation Oncology
Surgical Oncology
Medical Oncology
Immuno-Oncology
Biopsy Devices
Imaging Systems
Robotic Surgery Devices
Laser Therapy Devices
Radiofrequency Ablation Devices
Hospitals
Diagnostic Laboratories
Ambulatory Surgical Centers
Oncology Clinics
Manual Devices
Automated Devices
Computer-Assisted Devices
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Next-Generation Oncology Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Next-Generation Oncology Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Next-Generation Oncology Devices Market, By Type
6. Global Next-Generation Oncology Devices Market, By Application
7. Global Next-Generation Oncology Devices Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Next-Generation Oncology Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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