Lung Cancer Screening Software Market Application,Trends, Demand, Size, Growth, Challenges and Competitive Outlook
The National Cancer Institute anticipates that about 228,150 new cases of lung cancer were recorded in the United States in 2019. According to the Lung Cancer Alliance, the 5-year survival rate for lung cancer has declined dramatically from stage 1 diagnosis (68%-92% survival) to stage 4 diagnosis (0%-10% survival). Around the world, a great number of clinical trials, studies, and demonstration projects are being done to assess the effectiveness of screening programs.
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Data Bridge Market Research analyzes that the Global Lung Cancer Screening Software Market, which valued USD 27,846.30 thousand in 2021 is expected to reach the value of USD 115,027.61 thousand by 2029, at a CAGR of 19.4% during the forecast period of 2022-2029. Increased lung cancer prevalence, increased public awareness about lung cancer, expanding government initiatives, and an increasing number of screening programs are some of the primary drivers driving the need for lung cancer screening software over the forecast period. Furthermore, improvements in artificial intelligence-based solutions, as well as strategic endeavors by leading market competitors, are opening up new prospects in the field of lung cancer screening software.
Rising number of patient screenings is expected to drive the market's growth rate
Many screening recommendations have been made, which aids program implementation. For example, the US Preventive Services Task Force (USPSTF) recommends annual LDCT in high-risk persons aged 55 to 80 years who smoke less than 30 packs per year and current or former smokers who quit within the last 15 years. This will positively affect the growth of the market and will bolster the growth in the upward direction.
The oncology centers segment will dominate the end user segment of the lung cancer screening software market
The oncology centers segment will emerge as the dominating segment end user segment. This is because of the growing number of hospitals in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.
On the basis of distribution channel, the lung cancer screening software market is segmented into direct tenders, and third party distributor. In 2021, the direct tender segment dominated the lung cancer screening software market with 65.24% market share as most of the service providers purchase the devices from the manufacturers.
The direct tender segment will dominate the distribution channel segment of the lung cancer screening software market
The direct tender segment will emerge as the dominating segment under distribution channel with approximately 65.00% market share. This is because of the growing number of infrastructural development activities in the market, especially in the developing economies. Further, growth and expansion of the healthcare industry all around the globe will further bolster the growth of this segment.
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About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
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U.A.E Aesthetics/Cosmetics Market Share, Trends, Key Drivers, Demand, Opportunities,Technologies and Competitive Outlook
In August 2021, according to Dubai International Pharmaceutical and Technologies Conference and Exhibition, Dubai has been ranked sixth globally for its top medical facilities. The country saw around 350,118 visitors, registering a rise of 4% in health tourism arrivals in 2021 from the previous year. Therefore, the U.A.E aesthetics/cosmetics market is estimated to increase rapidly in the near future.
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Data Bridge Market Research analyzes that the U.A.E Aesthetics/Cosmetics Market is expected to grow at a CAGR of 8.3% in the forecast period of 2023 to 2030 and is expected to reach USD 427.51 million by 2030. In 2023, the product segment is expected to dominate the market due to a rise in awareness of aesthetic procedures.
Key Findings of the Study
The U.A.E aesthetics/cosmetics market is anticipated to reach a value of USD 427.51 million by 2030, with a CAGR of around 8.3% during the forecast period from 2023 to 2030
The products segment was dominating the market in 2022 due to the beliefs and trends of aesthetic surgery in young adults
The dermatology centers segment holds the maximum market share as a higher number of patients prefer to visit dermatology centers for cosmetic surgeries and treatment. The dermatology centers segment is growing with a CAGR of 10.1% in the forecast period of 2023 to 2030.
The direct tender segment is expected to dominate the market as this distribution channel is mostly preferred in this market. The direct tender segment is growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
The U.A.E aesthetics/cosmetics market is expected to register lucrative growth over the forecast period of 2023 to 2030 owing to the rising prevalence of minimally invasive procedures
Segment Analysis
The U.A.E aesthetics/cosmetics market is segmented into nine notable segments based on product and services, raw material, procedure, application, age group, patient type, nationality, end user, and distribution channel.
Based on product and services, the market is segmented into products and services. In 2023, the products segment is expected to dominate the market with a market share of 78.02% and is expected to reach USD 340.81 million by 2030, growing with a CAGR of 8.6% in the forecast period of 2023 to 2030.
Based on raw material, the market is segmented into polymers, metals, ceramics, resin composite, silicon, titanium, and others. In 2023, the polymers segment is expected to dominate the market with a market share of 26.04% and is expected to reach USD 128.97 million by 2030, growing with a CAGR of 10.2% in the forecast period of 2023 to 2030.
Based on procedure, the market is segmented into cosmetic procedure and reconstruction procedure. In 2023, the cosmetic procedure segment is expected to dominate the market with a market share of 65.18% and is expected to reach USD 290.17 million by 2030, growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
Based on application, the market is segmented into invasive procedures and non-invasive procedures. In 2023, the invasive procedures segment is expected to dominate the market with a market share of 58.62% and is expected to reach USD 257.56 million by 2030, growing with a CAGR of 8.6% in the forecast period of 2023 to 2030.
Based on age group, the market is segmented into child, adult, and geriatric. In 2023, the adult segment is expected to dominate the market with a market share of 54.39% and is expected to reach USD 249.15 million by 2030, growing with a CAGR of 9.2% in the forecast period of 2023 to 2030.
Based on patient type, the market is segmented into male and female. In 2023, the female segment is expected to dominate the market with a market share of 65.18% and is expected to reach USD 290.17 million by 2030, growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
Based on nationality, the market is segmented into foreign nationals and emirates. In 2023, the foreign nationals segment is expected to dominate the market with a market share of 60.18% and is expected to reach USD 270.44 million by 2030, growing with a CAGR of 8.9% in the forecast period of 2023 to 2030.
Based on end user, the market is segmented into hospitals, multispecialty clinics, home care settings, medical spas & beauty centers, dermatology centers, and others. In 2023, the dermatology centers segment is expected to dominate the market with a market share of 28.72% and is expected to reach USD 140.47 million by 2030, growing with a CAGR of 10.1% in the forecast period of 2023 to 2030.
Based on distribution channel, the market is segmented into direct tender and retail sales. In 2023, the direct tender segment is expected to dominate the market with a market share of 65.18% as the distribution channel is mostly preferred in this market and is expected to reach USD 290.17 million by 2030, growing with a CAGR of 8.8% in the forecast period of 2023 to 2030.
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About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact Us:-
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:- corporatesales@databridgemarketresearch.com
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