The Business
Research Company’s latest report Oncology Devices Global Market Report 2020
covers Oncology Devices market drivers, Oncology Devices market trends,
Oncology Devices market segments, Oncology Devices market growth rate, Oncology
Devices market major players, and Oncology Devices market size. The report
provides in-depth analysis of the impact of COVID-19 on the Oncology Devices
industry, along with revised market numbers due to the effects of the
coronavirus.
View Complete Report:
Oncology Devices
Global Market Report 2020 is the most comprehensive report available on this market
and will help gain a truly global perspective as it covers 60 geographies. The
chapter on the impact of COVID-19 gives valuable insights on supply chain
disruptions, logistical challenges, and other economic implications of the
virus on the market. The chapter also covers markets which have been positively
affected by the pandemic.
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The global oncology devices market is
expected to decline from $99.15 billion in 2019 to $96.3 billion in 2020 at a
compound annual growth rate (CAGR) of -2.84%. The decline is mainly due to the
COVID-19 outbreak that has led to restrictive containment measures involving
social distancing, remote working, and the closure of industries and other
commercial activities. The entire supply chain has been disrupted, impacting
the market negatively. The market is then expected to recover and reach $148.6
billion in 2023 at a CAGR of 15.54%.
The report covers the Oncology Devices
market’s segments-
1) By Device Type: Brachytherapy Devices,
Endoscopic Devices.
2) By Therapy: Chemotherapy, Hormone
Therapy, Biotherapy/Immunotherapy, Radiation Therapy.
3) By End User: Hospitals, Cancer Research
Institutes, Others.
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