(PharmaNewsWire.Com, January 20, 2018 ) The Asia-Pacific head and neck cancer diagnostics market is $1334.4 million in 2015 and is poised to reach $2526.74 Million by 2020 at a CAGR of nearly 13.62%. Head and Neck cancer is one among the ten most commonly occurred cancers in the world. These type of cancer are more prevalent in the regions where consumption of alcohol and tobacco is high. For the better cure of these disease, early detection and proper treatment play a key role. For the head and neck cancer, increasing number of diagnostic procedures, particularly pharyngeal and oral cancers, are few factors responsible for the growth of the market.
The Asia-Pacific Head & Neck cancer diagnostic market is categorized based on the type of test involved into Diagnostic imaging, Biopsy, Endoscopy and Dental diagnostics. Furthermore, based on geographical region, the Asia-Pacific Market is analysed under various regions namely, India, China, Japan and South Korea. In the developed countries, the market has already evolved tremendously and also has a significant scope in emerging countries such as India and China. The rising demand for the head and neck cancer diagnostic market is owed to the advancements in diagnostic imaging, treatment modes, and incorporation of novel technologies in diagnostic equipment.
Increase in the aging population led to rise in the prevalence of chronic diseases, especially cancers related to head and neck, growing awareness towards cancer, and rise in the expenditure of people and government towards healthcare.
However, low Rate of adoption of Technology Based Digital Systems, Conventional CT and MRI Scanners, Excise Duty Imposed on Sale of Medical Devices in Mature Markets are hindering the market. Some of the key players influencing the market dynamics Philips Healthcare, Varian Medical Systems, Siemens Healthcare, GE Healthcare, Shimadzu Corporation, Identafi, Velscope VX, AdDent Inc.
Market Segmentation: 1) By Test type i) Diagnostic imaging PET/CT MRI X-ray Barium Swallow test
Scope of the Report: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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