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Kidney cancer diagnostics estimated to be growing at a CAGR of 5.74% just published

Medical Market Research

The Europe Kidney Cancer Diagnostics and Therapeutics Market was worth $0.78 billion in 2016 and estimated to be growing at a CAGR of 5.74%, to reach $1.03 billion by 2021.

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Though there has been extensive progress in science and technology to tackle cancer, it continues to threaten lives across the world.

Kidney cancer is one of the recurrent urologic tumours accounting for around 3% of all the human cancers. The occurrence rate of renal cell carcinoma has increased progressively in the recent decades.

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Rise in Kidney cancer screening tests is one of the major driver for the Kidney Cancer Diagnostics and Therapeutics market in this region.

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Another aspect is that European countries face comparable economic and demographic burdens and share an interest in scrutinizing their impact on health outcomes nationally and across Europe. However, high cost of Kidney cancer treatment is one of the main factors hindering the growth of this market in this region.

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The Europe Kidney Cancer Diagnostics and Therapeutics market is segmented based on Type and Tests. The market for Kidney Cancer Diagnostics and Therapeutics, on the basis of Type is segmented into Transitional Cell Cancer, Renal cell carcinoma, renal sarcoma, and others.

On the basis of Tests, the Kidney Cancer Diagnostics and Therapeutics market is segmented into Biopsy, CT scan, Cystoscopy, Intravenous pyelogram, Kidney Ultrasound. Biopsy and CT scan lead the tests segment in the Kidney Cancer Diagnostics and Therapeutics market accounting for more than 50% of the market.

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The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. European is the third largest market with a global share of 25%.

UK is the largest market share holder for the Kidney Cancer Diagnostics and Therapeutics market in this region, followed by Germany and France.

The major companies dominating the market in this region are Abbott Diagnostics, Alere, Beckman Coulter, Clinical Genomics, Companion Dx, Hoffmann La Roche, Debiopharm Group, Vaccinogen BD.

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