Colon & Rectal Carcinoma Market: Description
The diagnostic & research laboratories and hospitals segments of the global colorectal cancer market are divided. The hospitals segment, which has a greater market share in 2022, is anticipated to grow at a faster rate than the market as a whole during the course of the forecast period. The biggest organisations with all the facilities are hospitals. Patients with a wide range of illnesses and problems are given thorough medical care and services by the hospital. Hospitals now provide their patients with superior services. Numerous folks walk in for the diagnostics, whereas large numbers of patients are admitted for the treatment. The majority of the newly admitted patients already have a few illnesses. Therefore, hospitals are a prominent market share contributor to the global colorectal cancer market and are anticipated to keep doing so over the projection period.
Overview
it is reach $18.5 billion by 2023 from $13.7 billion in 2018 at a compound annual growth rate (CAGR) of 6.1% for the period 2018 to 2023. One of the most prevalent and deadly tumours, colorectal cancer develops in people as a result of the interaction of hereditary and environmental factors. A rise of 70% in colorectal cancer occurrences globally is anticipated by 2030, according to the World Health Organization (WHO), making it the third most common kind of cancer with 1.93 million cases worldwide in 2020. Furthermore, colorectal cancer (CRC) will account for nearly 9% of all cancer incidences and be a major source of morbidity and mortality globally in 2020, according to the National Institute of Health. Additionally, colon cancer caused 916 000 deaths in 2020. Globally, colorectal cancer mortality and incidence rates differ. It is the second most prevalent type of cancer in men, coming in at number three.
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Segment Analysis
Global Colon & Rectal Carcinoma Market: Top Key Players
Pfizer
Bayer Healthcare
Spectrum
Novartis
Amgen
Roche
Merck
Global Colon & Rectal Carcinoma Market: By Types
Colon
Rectal
Global Colon & Rectal Carcinoma Market: By Applications
Hospital
Clinic
Key Regions & Countries
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Physiotherapy Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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