Oncology Market In India 2024-2028
The oncology market in india is forecasted to grow by USD 1494.6 mn during 2023-2028, accelerating at a CAGR of 17.43% during the forecast period. The report on the oncology market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased prevalence of cancer, growing investment for cost-cutting in drug discovery and development, and increasing demand for precision medicine.
Technavio's oncology market in india is segmented as below:
- By Type
- Cancer treatment
- Cancer diagnostics
- By End-user
- Hospitals
- Diagnostic laboratories
- Diagnostic imaging centers
- Others
- By Geographical Landscape
- Asia
This study identifies the rise in research and development for developing diagnostic devices as one of the prime reasons driving the oncology market in india growth during the next few years. Also, growing adoption of immunotherapy and growing adoption of robotic surgeries in oncology treatments will lead to sizable demand in the market.
The report on the oncology market in india covers the following areas:
- Oncology market in india sizing
- Oncology market in india forecast
- Oncology market in india industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading oncology market in india vendors that include 3M Co., Abbott Laboratories, Alkem Laboratories Ltd., AstraZeneca Plc, Baxter International Inc., Bristol Myers Squibb Co., Cipla Inc., F. Hoffmann La Roche Ltd., GE Healthcare Technologies Inc., Glenmark Pharmaceuticals Ltd., Lupin Ltd., Medtronic PLC, Merck and Co. Inc., Natco Pharma Ltd., Novartis AG, Poly Medicure Ltd., Siemens Healthineers AG, Sun Pharmaceutical Industries Ltd., Torrent Pharmaceuticals Ltd., and Zydus Lifesciences Ltd.. Also, the oncology market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.