are some of the major market participants worldwide.
Authors:
Mariam Faizullabhoy
Frequently Asked Questions (FAQ) :
The global market for oncology reached over USD 280 billion in 2022 and is anticipated to exhibit 9.7% CAGR from 2023-2032 due to increasing government support.
Hospitals will record over USD 462 billion by 2032 owing to the strong presence of highly trained professionals in these settings for handling advanced cancer diagnosis equipment.
North America held 46% of the oncology market share in 2022 on account of rising burden of cancer in the U.S.
GE Healthcare, F. Hoffmann-La Roche, Pfizer, Bayer AG, Merck & Co., Inc., Abbott, AbbVie Inc., Thermo Fischer Scientific, Siemens Healthineers AG, Amgen Inc., Astellas Pharma, Inc., and AstraZeneca are a few major oncology industry players.