New York, The global brain cancer diagnostics market was valued at USD 1639.1 million in 2021 and it is anticipated to grow further till USD 20116.4 million by 2031, at a CAGR of 28.5% during the forecast period.
Global Brain Cancer Diagnostics Market report from Global Insight Services is the single authoritative source of intelligence on Brain Cancer Diagnostics Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Extracellular growth in the brain, such as primary and secondary brain tumors, is referred to as brain cancer. While secondary tumors or metastases are those that are brought on by cancers that started in another region of the body, primary brain tumors originate in the brain and do not spread to other parts of the body. There are 40 different varieties of brain tumors that can be classified, and these types are divided into two main categories: benign tumors, which are slow-growing and less prone to spread, and cancerous tumors, which are more likely to do so. There are various factors that lead to brain cancer and are more prevalent in people with particular hereditary or gene disorders.
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Market Trends and Drivers
It is anticipated that factors like technological breakthroughs from traditional procedures will fuel revenue growth in the brain cancer diagnostics market. The diagnostic equipment’s speed and accuracy have both increased as a result, producing improved results that may finally allow for the earlier use of medicines. Global brain cancer prevalence is predicted to significantly rise in the coming years, supporting market expansion. Increased cigarette smoking and other environmental pollutants, which cause brain cancer, are one of the main contributing factors. This year, there are projected to be 78,000 new primary brain tumour diagnoses, of which 53,000 are non-malignant and 25,000 are malignant.
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Global Brain Cancer Diagnostics Market Segmentation
By Test Type
- Magnetic Resonance Spectroscopy
- PET Scan
- Single Photon Emission CT scan
- Spinal Tap
- Magnetic Resonance Imaging
By Cancer Type
- Acoustic Neuroma
- Astrocytoma
- Chordomas
- Ependymomas
By End User
- Hospitals
- Cancer Diagnostic Center
- Cancer Research Institutes
By Region
- North America
- The U.S.
- Canada
- Mexico
Major Players in the Global Brain Cancer Diagnostics Market
The key players studied in the report are THERMO FISHER SCIENTIFIC INC, Siemens Healthineers AG, GE Healthcare, MDxHealth, NantOmics, Biocept, Inc., Koninklijke Philips N.V., Canon Medical Systems, Hitachi, Ltd, and Neusoft Medical Systems among others.
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