Top Interventional Oncology Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Interventional Oncology Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Interventional Oncology industry players.

Interventional Oncology Market Competitive Landscape

The market's key players are undertaking various strategic initiatives such as the signing of a collaborations, new partnership agreement, mergers and acquisitions, geographic coverage, with the goal of strengthening their product portfolio and manufacturing capacities, thereby providing a competitive advantage. In 2021, Boston Scientific (US) led the worldwide interventional oncology market. To improve its market presence and product offerings, the corporation primarily relies on growth tactics such as acquisitions and expansions. The acquisition of BTG by the firm will help it increase its product portfolio in chemoembolization, radioembolization, and ablation treatments. Boston Scientific works hard to get regulatory and reimbursement approvals. As part of its long-term growth plan, the firm invests in both fast-growing and new areas in order to improve its position in the global healthcare sector.

Interventional Oncology Market Top Player's Company Profiles

  • Medtronic (Ireland)
  • Teleflex (US)
  • Boston Scientific Corporation
  • BTG International Ltd. (acquired by Boston Scientific)
  • Cook Medical Inc.
  • AngioDynamics Inc.
  • Terumo Corporation
  • Merit Medical Systems Inc.
  • Johnson & Johnson Services Inc.
  • MedWaves, Inc.
  • Healthtronics Inc.
  • Trod Medical
  • InSightec Ltd.
  • Sirtex Medical Limited
  • Sanarus Technologies, LLC
  • C.R. Bard, Inc. (acquired by Becton, Dickinson and Company)
  • Guerbet Group
  • Varian Medical Systems, Inc.
  • Nanobiotix SA
  • OncoTherapy Science, Inc.

Interventional Oncology Market Recent Development

  • In September 2022, Philips announces significant development milestones for the world's first spectral detector Angio CT system. Leiden University Medical Centre has joined a global network of partners in the development of the Philips Spectral Angio CT suite and its application in clinical research, bringing spectral CT imaging technology into an integrated hybrid Angio CT suite with the goal of innovating a variety of treatment procedures.
  • In September 2022, Merit Medical Systems, Inc. a global manufacturer and marketer of healthcare equipment, has announced the commercial launch of the Prelude Roadster Guide Sheath in the United States. The Merit Vascular-Peripheral Access portfolio now includes the Prelude Roadster, in addition to introducers and other devices such as access kits, vascular dilators, and accessories.
  • In September 2022, Aster Hospitals Bengaluru, a subsidiary of Aster DM Healthcare, has established the Aster International Institute of Oncology (AIIO). This newly established institute will serve as a centre of excellence for the treatment of all malignancies under one roof.

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Global Interventional Oncology Market size was valued at USD 2.31 Billion in 2024 and is poised to grow from USD 2.47 Billion in 2025 to USD 4.18 Billion by 2033, growing at a CAGR of 6.8% during the forecast period (2026–2033).

The competitive landscape of the global interventional oncology market is characterized by a mix of established players and emerging companies focusing on innovation and technological advancements. Key players include Medtronic, Boston Scientific, Siemens Healthineers, and Terumo Corporation, all of which are actively developing advanced devices and therapies. These companies emphasize collaborations and strategic partnerships to enhance their product portfolios and improve patient outcomes, driving competition and fostering continuous improvement in interventional oncology solutions worldwide. 'Boston Scientific Corporation - USA ', 'Medtronic plc - Ireland ', 'Siemens Healthineers - Germany ', 'Terumo Corporation - Japan ', 'Becton, Dickinson and Company (BD) - USA ', 'Merit Medical Systems - USA ', 'AngioDynamics, Inc. - USA ', 'ALPINION MEDICAL SYSTEMS - South Korea ', 'ATRICURE, INC. - USA ', 'EndoShape, Inc. - USA ', 'ABK Biomedical Inc. - Canada ', 'Cook Medical Inc. - USA ', 'Sirtex Medical Limited - Australia ', 'BTG International Ltd. - UK ', 'Hologic, Inc. - USA ', 'Canon Medical Systems Corporation - Japan ', 'GE Healthcare - USA ', 'Philips Healthcare - Netherlands '

The increasing prevalence of cancer globally is a significant driver of the interventional oncology market. With a growing aging population and lifestyle-related risk factors, the demand for effective cancer treatment options is escalating. This trend prompts healthcare providers to adopt innovative interventional procedures, enhancing patient outcomes and survival rates.

There is a significant trend toward minimally invasive interventional oncology techniques, driven by their ability to reduce recovery times and complications. Patients and healthcare providers increasingly favor these approaches, leading to the development and integration of advanced technologies that enhance precision and effectiveness in cancer treatment.

North America dominates the global interventional oncology market share due to a combination of advanced healthcare infrastructure, high levels of investment in research and development, and a strong presence of key market players. The region benefits from a growing number of cancer cases, which drives demand for innovative treatment options. Additionally, robust reimbursement policies and the adoption of minimally invasive techniques have contributed to increased procedure volumes. The presence of leading hospitals and specialized oncology centers facilitates cutting-edge treatments, further enhancing patient access. Furthermore, ongoing collaborations between healthcare providers and technology developers are accelerating advancements, solidifying North America's leadership in interventional oncology. 

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Global Interventional Oncology Market
Interventional Oncology Market

Report ID: SQMIG35G2238

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