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The Chemotherapy-Induced Oral Mucositis Market is expected to be worth US$ 1.2 billion in 2023, rising to US$ 2.0 billion by 2033. During the forecast period, the market is expected to grow at a CAGR of 5.3%.
The market for Chemotherapy-Induced Oral Mucositis is expanding in tandem with the increasing frequency of cancer patients worldwide and the increasing number of chemotherapy procedures performed. Oral mucositis is caused by the side effects of radiation and cytotoxic chemotherapy treatments, and the demand for treatment of oral microsites is increasing, which is projected to fuel the growth of the Chemotherapy-Induced Oral Mucositis market over the forecast period.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Chemotherapy-Induced Oral Mucositis Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Chemotherapy-Induced Oral Mucositis market.
Key Chemotherapy-Induced Oral Mucositis Market Takeaways and Projections
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Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Chemotherapy-Induced Oral Mucositis market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Chemotherapy-Induced Oral Mucositis market.
Some of the prominent market players are profiled by FMI are:
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Key Segment
By Treatment Type:
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
May 16, 2023