North America Head and Neck Cancer Diagnostics Market by Test Type (Diagnostic imaging, Biopsy, Endoscopy and Dental diagnostics), and by Region – Industry Analysis, Size, Share, Growth, Trends, and Forecast (2016 – 2021)
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Currently, North America head and neck cancer diagnostics market is a $2335.2 million market and is poised to become a $3997.38 million market by the end of 2020 which a significant growth rate of 11.35% CAGR during the estimated period. While Head and Neck cancer is rated to be among the top ten most prevalent types of cancers in the world, it is extensively prevalent in the regions where the consumption of alcohol and of tobacco is high.
For the proper cure of cancer, there is a need for early diagnosis of the cancer and prompt treatment. With the growing awareness among the individuals, there is an increase in number of diagnostic procedures for head and neck cancer, particularly pharyngeal and oral cancers, inducing growth in the market.
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The North America Head & Neck cancer diagnostic market segmentation based on the type of test involved are Dental Diagnostics, Endoscopy, Biopsy and Diagnostic imaging. In addition, based on the geography of North America, market is studied under various regions namely, USA and Canada.
The primary reason for the growth of the market is attributed to the fact that there is a rising demand for diagnostic imaging, new advancements and innovations in treatment modes, and incorporation of novel technologies in diagnostic equipment.
The head and neck cancer diagnostics market is expected to grow in the future with an increasing number of incidence of the disease. The head and neck cancer is one of the top 6 cancers in the world to affect people.
In the United States alone it is estimated to affect close to 55000 people in the year 2014. The market for the head and neck cancer in the region includes the North, central and south America.
The US is estimated to have the largest market share in the region and is followed by Brazil Mexico and Canada
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Rise in the aging population has also contributed to the increased prevalence of chronic diseases, especially head and neck related cancers, increasing awareness among the individuals towards cancer, and increase in the people and government expenditure in healthcare. However, Low Adoption Rate of Digital Technology Based Systems, Conventional CT and MRI Scanners, Excise Duty Imposed on Sale of Medical Devices in Mature Markets
Some of the key players influencing the market dynamics Philips Healthcare, GE Healthcare, Varian Siemens Healthcare, Medical Systems, Shimadzu Corporation, Velscope VX, Identafi, AdDent Inc.
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