Adrenal Cancer Diagnostics Market to Observe Highest Growth of USD 207.20 Billion by 2030

Data Bridge Market Research analyses that the adrenal cancer diagnostics market which was USD 130 billion in 2022, is expected to reach USD 207.20 billion by 2030, at a CAGR of 6% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Adrenal Cancer Diagnostics market research report has been formulated by using basic steps to conduct market research analysis which includes survey, focus groups, personal interviews, observations and field trials. The report helps achieve a dream of an outshining and winning business. This business report also makes some important proposals for a new project of Adrenal Cancer Diagnostics market before evaluating its feasibility. This market report comprises of data that can be quite essential when it comes to dominating the market or making a mark in the market as a new emergent. The market research report is a resource, which provides current as well as upcoming technical and financial details of the industry.

By understanding the trends in consumer and supply chain dynamics, this large scale Adrenal Cancer Diagnostics market report helps to draw the strategies about sales, marketing, and promotion. In a rapidly changing marketplace, companies must opt for a broad range to have an effectual business growth and this market report is right there to serve this purpose at the best. This report contains a chapter on the global Adrenal Cancer Diagnostics market and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.

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Key Growth Drivers:

Increasing incidence of adrenal cortical carcinoma
Increasing incidence of adrenal cortical carcinoma due to the spread of other types of cancer, advancement in imaging technologies to specifically identify adrenal cortical tumours, rising healthcare expenditure, and an increase in the number of cancer treatment centres globally are some of the dominant factors are fuelling the growth of the global adrenal cancer diagnostics market during the forecast period. For instance, Adrenal cortical carcinoma is a rare and aggressive cancer, according to the Journal of Clinical Endocrinology and Metabolism. Adrenal cortical carcinoma occurs at a rate of 0.7-2.0 cases per million people. Women are more likely to contract the disease. It is most commonly diagnosed between the ages of 40 and 50. These are the certain factors which propel the growth of the market.

Rise in the geriatric population
According to GLOBOCAN, approximately 19.3 million new cancer cases were reported worldwide in 2020, with this figure expected to rise to 30.2 million new cases by 2040. According to the World Health Organization factsheet, cancer accounts for approximately one out of every six deaths worldwide. Cancer kills roughly 70% of people in low- and middle-income countries. The rise in the geriatric population and an increase in cancer cases are the major factors driving the growth of the adrenal cancer diagnostics market.

The report outlines the involvement of key players, including:

Annon Piezo Technology Co. LIMITED. (China), APC International, Ltd. (U.S.), GSK plc (U.K.), F. Hoffmann-La Roche Ltd (Switzerland), Johnson & Johnson Services, Inc. (U.S.), AstraZeneca (U.K.), Siemens Healthcare GmbH (Germany), Bio-Rad Laboratories, Inc. (U.S.), Abbott (U.S.), TRS Technologies, Inc. (U.K.), Teledyne Defense Electronics (U.S.), TAIYO YUDEN CO., LTD. (Japan), Morgan Advanced Materials (U.K.)

Key Market Segmentation

Tumor Type (Pheochromocytoma, Adrenal Cortical Carcinoma, Others), Treatment (Surgery, Chemotherapy, Radiotherapy, Targeted Cancer Therapies, and Others), Test (Magnetic Resonance Imaging (MRI), Computed Tomography (CT) Scan, X-ray, Positron Emission Tomography (PET) Scan, Biopsy), End-User (Hospitals, Ambulatory Surgical Centers, Cancer Centers, Others)

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