A comprehensive geographic distribution and analysis of the Lung Cancer Screening market industry’s major business factors have been combined to create an Emergen Research report on the global Lung Cancer Screening market. This report addresses both qualitative and quantitative aspects of the Lung Cancer Screening Market in addition to offering significant statistical data regarding the Lung Cancer Screening Market. In addition to past data from 2019 to 2020, the research study offers a precise projection for the Lung Cancer Screening Market through 2030.
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The global lung cancer screening market size was USD 2.80 Billion in 2021 and is expected to register a revenue CAGR of 8.1% during the forecast period. Lung cancer incidence is on the rise due to high cigarette usage, which is a key factor fueling market revenue growth.
Around 25% of all cancer fatalities are caused by lung cancer, making it one of the leading causes of cancer death. Along with other environmental and genetic risk factors, cigarette smoking has been recognised as a substantial risk factor for developing Non-Small Cell Lung Cancer (NSCLC). Smoking is responsible for about 80% of lung cancer deaths, with the remaining 20% coming from exposure to secondhand smoke. The World Health Organisation claims that the continuous rise in lung cancer mortality is due to an increase in tobacco smoking worldwide, particularly in Asia.
Competitive Outlook:
The global Lung Cancer Screening market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Lung Cancer Screening market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Some major companies in the market report include:
Koninklijke Philips N.V., Siemens Healthcare GmbH, Canon Medical Systems Corporation, General Electric Company, FUJIFILM Holdings Corporation, Medtronic, Nuance Communications, Inc., Eon, PenRad Technologies Inc., and Volpara Health Limited
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Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Lung Cancer Screening Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
Segments Covered in this report are:
-
Cancer Type Outlook (Revenue, USD Billion; 2019-2030)
- Non-small Cell Lung Cancer (NSCLC)
- Small Cell Lung Cancer
-
Diagnosis Type Outlook (Revenue, USD Billion; 2019-2030)
- Low Dose Spiral CT Scan
- Chest X-Ray
-
End-user Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals & Clinics
- Diagnostic Centers
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Regional Outlook:
North America (the US, Canada, Mexico)
Europe (the UK, Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key Questions Answered in the Report:
What will be the estimated growth rate of the Lung Cancer Screening market by 2027?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Lung Cancer Screening market throughout the forecast period?
What are the current and future market trends of the Lung Cancer Screening market?
What are the sales and price analysis of the product by types, applications, and regions?
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