The global Brain Tumor Diagnosis and Treatment Market valued USD 1,395.7 mn in 2023 and expected to USD 2,036.5 mn by 2032 at a CAGR of 7.14%.
FrequentlyAsked Questions
The growing geriatric population and increased prevalence of brain tumors are significant factors driving the global growth of the brain tumor diagnosis and treatment market. Additionally, the increasing number of technical developments, as well as rising levels of investment in research and development activities, would contribute to the expansion of the brain tumor diagnosis and treatment market during the anticipated period.
According to the Market Research report, the Brain Tumor Diagnosis and Treatment Market was worth about 1,395.7 (USD million) in 2021 and is predicted to grow to around 2,036.5 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 6.5 percent.
The market for brain tumor diagnostics and therapy is dominated by North America. This region's dominance in this market can be attributed to the greater diagnostic rate of malignancies such as glioblastoma in the United States. Greater access to advanced therapy is also expected to contribute to the region's supremacy.
Some of the main competitors dominating the Brain Tumor Diagnosis and Treatment Market include - GE Healthcare, Merck & Co., Inc., AstraZeneca, Carestream Health, Philips Healthcare, Siemens Healthcare Private Limited, Shimadzu Corporation, Hitachi Medical Systems, Pfizer.Inc, and Toshiba Medical Systems.
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