Lung Cancer Screening Market Size, Share, Ongoing Trends, Industry Revenue And Forecast 2029

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The lung Cancer Screening Market size was valued at USD 2.36 Billion in 2022 and the total Lung Cancer Screening revenue is expected to grow at a CAGR of 8.32% from 2023 to 2029, reaching nearly USD 4.13 Billion.

Lung Cancer Screening Market Overview:

The global Lung Cancer Screening market Research Report 2023-2029 by Maximize Market Research provides a comprehensive and tailored analysis of the Lung Cancer Screening industry, delving into the intricacies of market dynamics and trends on a global scale. The report focuses on examining the evolving market landscape and forecasting future developments within the specified time frame. Through meticulous research and analysis, the report offers valuable insights into the market’s growth potential, key drivers and challenges, competitive landscape, and emerging opportunities. By combining qualitative and quantitative data, the report aims to assist industry stakeholders, investors, and decision-makers in making informed choices and formulating effective strategies in the global Lung Cancer Screening market.

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Market Scope:

The worldwide “Lung Cancer Screening Market” study looks at important industry factors including progress, segmentation, growth prospects, opportunities, challenges, and competitive analysis. The segmentation analysis focuses on revenue and forecast by region, kind, and application for the period 2021-2027. This study investigates the market size, development status, and forecast, as well as a company profile. It also provides information on the competitive climate as well as data from the most important firms.

Segmentation:

Based on cancer type, the Non-small Cell Lung Cancer (NSCLC) segment dominated the global lung cancer screening market in 2022, accounting for 78% of the market. At the end of the forecast period, this sector is predicted to maintain its dominance with the greatest market share of 85%. The most frequent type of cancer is non-small cell lung cancer (NSCLC), which accounts for 85% of all lung cancer cases. NSCLC subtypes, on the other hand, include large cell carcinoma, adenocarcinoma, squamous cell carcinoma, and other less prevalent kinds of NSCLC. Increased screening awareness in established and developing nations, as well as an increase in NSCLC incidence globally, will drive segment growth throughout the projection period.

As a result, the category is predicted to increase at an 8.24% CAGR during the forecast period. According to the American Cancer Society, non-small cell lung cancer accounts for around 84% of all lung cancers, while small cell lung cancer accounts for 13%. Meanwhile, the five-year survival rate for NSCLC is 24%, compared to 6% for SCLC, according to Cancer.Net.

Global Lung Cancer Screening Market, by Cancer Type (2022-2029)
• Non-small Cell Lung Cancer (NSCLC)
• Small Cell Lung Cancer
Global Lung Cancer Screening Market, by Diagnosis Type (2022-2029)
• Low Dose Spiral CT Scan
• Chest X-ray
Global Lung Cancer Screening Market, by Age Group (2022-2029)
• 50 and Older
• Below 50
Global Lung Cancer Screening Market, by End-user (2022-2029)
• Hospitals & Clinics
• Diagnostic Centres
• Other

Key Players: The key players are:

1. GE Healthcare (United States)
2. PenRad Technologies, Inc. (United States)
3. NanoString, Myriad Genetics Inc. (United States)
4. OncoCyte (United States)
5. Biodesix (United States)
6. Broncus (United States)
7. Abbott (United States)
8. Illumina, Inc., (United States)
9. Thermo Fischer Scientific (United States)
10. Medtronic (United States)
11. Nuance Communications, Inc. (United States)
12. Riverain Tech (United States)
13. 20/20 Gene Systems (United States)
14. Danaher Corporation (United States)
15. NeoGenomics (United States)
16. Eon Health (United States)
17. Siemens Healthineers AG (Germany‎)
18. Agilent Technologies, Inc., AstraZeneca (United Kingdom)
19. Insight Genetics (United Kingdom)
20. Inivata (United Kingdom)
21. Oncimmune (United Kingdom)
22. Koninklijke Philips N.V. (The Netherlands‎)
23. QIAGEN (The Netherlands)
24. Quest Diagnostics Incorporated (The Netherlands)
25. F. Hoffmann-La Roche Ltd. (Switzerland)
26. Janssen Pharmaceuticals, Inc. (Belgium)
27. Sanofi, (France)
28. Canon Medical Systems Corporation (Japan)
29. FUJIFILM Holdings Corporation (Japan)
30. VisionGate (India)
31. Integrated Diagnostics (India)
32. Volpara Solutions Limited. (New Zealand)

Regional Analysis:

The research report is organised into sections based on area, manufacturer, type, and application. Each category provides output estimates for the years 2023 through 2029. Consumption by Application is also supplied for the forecasted period of 2021 to 2029. Understanding the categories helps determine the importance of numerous components that contribute to market growth.

COVID-19 Impact Analysis on Lung Cancer Screening Market:

The research provides light on COVID-19 by considering changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, the dynamics of current market forces, and substantial government initiatives into account. Based on the market effect of COVID-19, the revised study provides insights, analysis, projections, and predictions.

Key Questions Answered in the Lung Cancer Screening Market Report are:

• Which segment grabbed the largest share in the Lung Cancer Screening market in 2023?
• How is the competitive landscape of the Lung Cancer Screening market?
• Which are the key factors aiding the Lung Cancer Screening market growth in the forecast period (2023-2029)?
• Which region held the maximum share in the Lung Cancer Screening market in 2023?
• What will be the CAGR of the Lung Cancer Screening market during the forecast period (2021-2029)?

Browse the Summary of the Research Report to Gain More Insights into the Market Analysis: https://www.maximizemarketresearch.com/market-report/lung-cancer-screening-market/166924/

About Maximize Market Research:

Maximize Market Research is a leading market research and consulting firm with a team of professionals representing diverse industries. Our expertise spans across sectors such as medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology, communication, automotive, chemicals, general merchandise, beverages, personal care, and automated systems. We provide a wide range of services including market-verified industry estimates, technical trend analysis, critical market research, strategic counsel, competitive analysis, production and demand analysis, and client impact studies. Our goal is to assist businesses in making informed decisions by delivering accurate insights and actionable recommendations in a rapidly evolving market landscape.

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