Lung Cancer Diagnostic Market Size, Share,Trends, Analysis, Future Scope, Forecast 2028

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Lung cancer is uncontrollable rise of abnormal cells that develop in one or both lungs generally in bronchi.

Lung cancer is uncontrollable rise of abnormal cells that develop in one or both lungs generally in bronchi. They are not get converted into healthy lung tissue. They divide and redivide at rapid rates and develop tumours. In most of cases smoking is prime cause of lung cancer. As the tumour size increases the ability of lungs to provide oxygen in bloodstream is also decreases. Primary lung cancer develop in lungs and secondary lung cancer is initiate at other parts of body. There is different types of cancer treatment varies from type to type are available. Cigarette smoke contains minimum 73 carcinogens that are responsible to develop cancer in lungs. 

MARKET DYNAMICS- EUROPE LUNG CANCER DIAGNOSTIC MARKET

The Europe lung cancer diagnostic market is observing rapid growth during forecast period of 2021 to 2027. Increase in earlier starting of smoking and increase in number of daily cigarette smoking is achieving attention of peoples for development of lung cancer diagnostic market. The key factors such as rising rate of early detection owing to rise in awareness about lung cancers is propelling growth of Europe lung cancer diagnostic market. Rising adoption of unhealthy lifestyles is also boosting growth of Europe lung cancer diagnostic market. However, lack of healthcare infrastructure is restraining growth of Europe lung cancer diagnostic market. 

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COVID-19 IMPACT ON EUROPE LUNG CANCER DIAGNOSTIC MARKET

The exclusive COVID-19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the lung cancer diagnostic market. In addition, complete analysis of changes on lung cancer diagnostic expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Europe economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 has almost affected every market is healthcare industries positively or negatively. The lung cancer diagnostic market is also experienced somewhat negative impact of COVID-19. As due to lockdown, physicians where treating only emergency cases whereby the other diagnostic procedure where postponed. The lung cancer patients are at higher risk of COVID-19 infections. After the slight relaxation the market is growing at significant rates. The market is get resumed with use of mask and maintaining social distancing as per the government guidelines. 

EUROPE LUNG CANCER DIAGNOSTIC MARKET-SEGMENTAL OVERVIEW

The Europe lung cancer diagnostic market is categorised into cancer type, diagnostic test, end user and country. 

EUROPE LUNG CANCER DIAGNOSTIC MARKET BY CANCER TYPE 

Based on cancer type, the Europe lung cancer diagnostic market is segmented into small cell lung cancer and non-small cell lung cancer. In which non-small cell lung cancer is expected as dominating segment of market in 2020. The non-small cell lung cancer is major types of lung cancer that affects both smokers and non-smokers. It is group of lung cancers that behave similarly such as squamous cell carcinoma and adenocarcinoma. The symptoms of non-small cell lung cancer includes uncontrolled cough, shortness of breath, weight loss and coughing up blood. The non-small cell lung cancer have more survival rates than the small cell lung cancers. 

EUROPE LUNG CANCER DIAGNOSTIC MARKET BY DIAGNOSTIC TEST

Based on diagnostic test, the Europe lung cancer diagnostic test is bifurcated into biomarkers test, imaging test, biopsy and other test. The biomarkers test is sub-categorised into the CA test, HER2 Test, ALK Test, Angiogenesis Inhibitors, KRAS mutation test. Likewise, Imaging test is also sub-segmented into computed tomography scan, positron emission tomography scan and chest x-ray. The biopsy sub-segmented into needle biopsy, bronchoscopy biopsy and open biopsy. In which biopsy segment is also contributing to the growth of Europe lung cancer diagnostic market. The biopsy is a medical test which is commonly performed by the surgeons, interventional radiologist or an interventional cardiologist. It is process which comprised of the extraction of sample cells or tissues for examination for determination of presence and extent of disease. 

EUROPE LUNG CANCER DIAGNOSTIC MARKET BY END USER

Based on end users, the Europe lung cancer diagnostic market is categorised into the hospital associated labs, independent diagnostic laboratories and cancer research institutes. In which cancer research institutes is also contributing to the growth of Europe lung cancer diagnostic market. The rising research and development activities in healthcare industries is propelling growth of Europe lung cancer diagnostic market. The rising number of early smokers is also boosting growth of Europe lung cancer diagnostic market. 

EUROPE LUNG CANCER DIAGNOSTIC MARKET BY COUNTRY

The Europe lung cancer diagnostic market is studied for key countries such as United Kingdom, Germany, France, Italy and Spain. In which United Kingdom is anticipated to dominate the market in 2020. The lung cancer is biggest killer in Europe with compared to other cancer types. Smoking is leading cause of lung cancer in Europe region. The growing number of lung cancer patient’s is propelling growth of Europe lung cancer diagnosis market. The economic development of region is also refuelling the growth of Europe lung cancer diagnostic market. Additionally, new product launches and collaboration of key players driving the growth of Europe lung cancer diagnostic market. 

KEY PLAYERS IN LUNG CANCER DIAGNOSTIC MARKET

The major key players operating in the lung cancer diagnostic market are Illumina Inc., Abbott, Thermo Fisher Scientific Inc., Qiagen, Quest Diagnostics Incorporated, Neogenomics, Nanostring Technologies Inc, Myriad Genetics Inc, Roche Holding Ag, Danaher, Agilent Technologies, Astrazeneca, Sanofi, Janssen Pharmaceuticals, Biomérieux Sa, Ge Healthcare, Hologic, Koninklijke Philips N.V, Biotheranostics and Exact Sciences among others. 

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