Europe Throat Cancer Diagnostics Market is Expected to Reach USD 721.95 million by 2030

PRESS RELEASE
Published August 30, 2023

Data Bridge Market Research Published Latest Europe Throat Cancer Diagnostics Market Study by in-depth analysis about current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the study considers important factors such as an analysis of the market, a definition of the market, market segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.

Increasing awareness about throat cancer has enhanced the market demand. The rising healthcare expenditure for better health services also contributes to the market’s growth. The major market players focus on various service launches and approvals during this crucial period.

Europe throat cancer diagnostics market is expected to grow in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.7% in the forecast period of 2023 to 2030 and is expected to reach USD 721.95 million by 2030 from USD 429.94 million in 2022.

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Market Overview:

Throat cancer is a type of cancer that forms in tissues of the pharynx (the hollow tube inside the neck that starts behind the nose and ends at the top of the windpipe and esophagus). Throat cancer includes cancer of the nasopharynx (the upper part of the throat behind the nose), the oropharynx (the middle part of the pharynx), and the hypopharynx (the bottom part of the pharynx). Cancer of the larynx (voice box) may also be included as a type of throat cancer. Most throat cancers are squamous cell carcinomas (cancer that begins in thin, flat cells that look like fish scales), also called pharyngeal cancer.

Drivers

  • Growing prevalence of throat cancer

Throat cancer is the second most common type of leukemia diagnosed in adults and children, but most cases occur in adults. Although it can be diagnosed at any age, it is uncommon before age 45. The average age of diagnosis is age 68. The rising use of cigarettes and other tobacco substitutes may be partially responsible for the rise in the prevalence of throat cancer.

People affected with throat cancer can see the symptoms such as a cough, changes in their voice, such as hoarseness or not speaking clearly, difficulty swallowing, ear pain, a lump or sore that doesn’t heal, a sore throat, and weight loss among others.

  • Novel technological advancements in throat cancer diagnostics

Radiotherapy has an integral role in the treatment of throat cancer. Although radiotherapy has the potential to cure patients with advanced diseases, it also carries the potential for significant long-term morbidity. New technologies in the setting of head and neck radiotherapy are emerging, which have the potential to increase the cure rate and decrease toxicity. These new technologies include improved radiotherapy treatment design (intensity-modulated radiation therapy) and improved planning and implementation (image-guided radiation therapy).

Restraints

  • Late diagnosis and poor prognosis of throat cancer

Cancer is the leading cause of death worldwide. By 2030, it is anticipated that there will be 13.1 million more cancer-related deaths per year. However, if they are identified early on and given the right care, some cancers can be cured. The diagnostic process may experience delays in cancer diagnosis. When patients overlook or fail to respond to potentially cancerous signs, the late patient diagnosis will lead to the growth of cancerous tissue, worsening the cancer condition. The main cause of delayed presentation is a lack of public knowledge of early cancer signs, especially if such symptoms are unusual.

Thus, the late diagnosis often results from these factors, which result in poor prognosis. Thus, these are expected to restrain the growth of the Europe throat cancer diagnostics market.

Recent Developments

  • In August 2022, F. Hoffmann-La Roche Ltd, announced the launch of the Digital LightCycler System, Roche’s first digital polymerase chain reaction (PCR) system. This next-generation system detects disease and is designed to accurately quantify trace amounts of specific DNA and RNA targets not typically detectable by conventional PCR methods. This has helped the company to increase its Europe presence in the market
  • In March 2021, Hologic, Inc. announced that the company had acquired Diagenode, a privately held Globalan developer and manufacturer of molecular diagnostic assays and epigenetics products. This further strengthens the molecular diagnostics business in the Europe market

Fundamental Aim of this Market Report

  • Factors influencing This Market Size and growth rate.
  • Major alterations to this market in the near future.
  • Notable Market rivals around the world.
  • Future Scope and Product Outlook
  • Future-promising emerging markets.
  • The Market Presents Difficult Challenges and Threats.

Some of the major players operating in the Europe throat cancer diagnostics market are F. Hoffmann-La Roche Ltd., Abbott., Illumina, QIAGEN, Thermo Fisher Scientific Inc., Quest Diagnostics Incorporated, Inc. Merck KGaA., Hologic, Inc., General Electric Company, Siemens Healthcare GmbH, B.D, Myriad Genetics, Inc., Diasorin S.P.A, Koninklijke Philips N.V., Beijing O&D Biotech Co., Ltd, PlexBio Co, Ltd., FUJIFILM Corporation, Canon Inc., FONAR Corp., Medonica Co. LTD, MinFound Medical Systems Co, Sternmed Gmbh, Time Medical Holding., Bio-Rad Laboratories, Inc., Agilent Technologies, Inc., among others.

To Gain More Insights into the Market Analysis, Browse the Summary of the Research Report@  https://www.databridgemarketresearch.com/reports/europe-throat-cancer-diagnostics-market?Shri

Europe Throat Cancer Diagnostics Market Scope

Product Type

  • Instruments
  • Consumables & accessories

On the basis of product type, the Europe throat cancer diagnostics market is segmented into instruments and consumables & accessories.

Test Type

  • Imaging Test
  • Blood Test
  • Biopsy
  • Others

On the basis of test type, the Europe throat cancer diagnostics market is segmented into imaging test, blood test, biopsy, and others.

Cancer Type

  • Pharyngeal cancer
  • Laryngeal cancer

On the basis of cancer type, the Europe throat cancer diagnostics market is segmented into pharyngeal cancer and laryngeal cancer.

Stages

  • Stage 0
  • Stage I
  • Stage II
  • Stage III
  • Stage IV

On the basis of stages, the Europe throat cancer diagnostics market is segmented into stage 0, stage I, stage II, stage III, and stage IV.

Age Group

  • 30-65
  • 65 and above
  • 21-29
  • Below 21

On the basis of age group, the Europe throat cancer diagnostics market is segmented into 30-65, 65 and above, 21-29, and below 21.

End User

  • Hospitals
  • Associated labs
  • Independent diagnostic laboratories
  • Diagnostic imaging centers
  • Cancer research institutes
  • Others

On the basis of end user, the Europe throat cancer diagnostics market is segmented into hospitals, associated labs, independent diagnostic laboratories, diagnostic imaging centers, cancer research institutes, and others.

Distribution Channel

  • Direct tender
  • Retail sales

On the basis of distribution channel, the Europe throat cancer diagnostics market is segmented into direct tender and retail sales.

Key highlights of this Market report:

  • Growth rate
  • Remuneration prediction
  • Consumption graph
  • Market concentration ratio
  • Secondary industry competitors
  • Competitive structure
  • Major restraints
  • Market drivers
  • Regional bifurcation
  • Competitive hierarchy
  • Current market tendencies
  • Market concentration analysis

What benefits does the DBMR study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Table of Contents:

  1. 1 INTRODUCTION

    1.1 OBJECTIVES OF THE STUDY

    1.2 MARKET DEFINITION

    1.3 OVERVIEW OF THE EUROPE THROAT CANCER DIAGNOSTICS MARKET

    1.4 LIMITATIONS

    1.5 MARKETS COVERED

    2 MARKET SEGMENTATION

    2.1 MARKETS COVERED

    2.2 GEOGRAPHICAL SCOPE

    2.3 YEARS CONSIDERED FOR THE STUDY

    2.4 CURRENCY AND PRICING

    2.5 DBMR TRIPOD DATA VALIDATION MODEL

    2.6 MULTIVARIATE MODELLING

    2.7 PRODUCT TYPE LIFELINE CURVE

    2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

    2.9 DBMR MARKET POSITION GRID

    2.1 MARKET END USER COVERAGE GRID

    2.11 VENDOR SHARE ANALYSIS

    2.12 SECONDARY SOURCES

    2.13 ASSUMPTIONS

    3 EXECUTIVE SUMMARY

    4 PREMIUM INSIGHTS

    4.1 PESTEL ANALYSIS

    4.2 PORTER’S FIVE FORCES

    5 INDUSTRY INSIGHTS

    6 EPIDEMIOLOGY

    7 EUROPE THROAT CANCER DIAGNOSTICS MARKET, REGULATIONS

Continued…

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=europe-throat-cancer-diagnostics-market&Shri

Key Benefits of the Report:

  • This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
  • The current market is quantitatively analyzed to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.

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