Oncology refers to medical analysis and examination of cancer. The oncology devices market contains those instruments that help in treating and detecting cancer. The market is segmented into three classes, namely applications, kinds and geographical regions. Growing incidences of cancer in men and women drive the oncology devices market ahead.
Growing tobacco consumption and escalation in the number of carcinogens in nature are also likely to push the market ahead. Also, growing disposable earnings of people and increasing healthcare travel activities drive the market. Failure to diagnose cancer before it is too late acts as an obstacle in the progress of the oncology devices market.