Colorectal cancer, also known as colon cancer, colon cancer, or rectal cancer, is cancer that occurs in the colon or rectum (part of the colon). Cancer is the abnormal growth of cells that can invade or spread to other parts of the body.
The healthcare industry is undergoing rapid transformations since a few years now. Various technological improvements have been witnessed in the segments including diagnosis and treatment options for chronic diseases. The increase in incidences of chronic illnesses and the increasing ageing population are the primary factors fuelling the growth of healthcare segment.
The Asia-Pacific Colorectal Cancer market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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Patients with malignant disease are particularly affected by the COVID-19 epidemic because of poor immunity due to tumor load and malnutrition. Cancer Research UK estimates that approximately 5000 to 6000 patients will need colorectal cancer (CRC) surgery in the next 3 months (110, 50-60% resection possible). The CRC service has undergone extensive overhaul to develop a management strategy 2. We have followed international guidelines and experience to set a key point in CRC management as outlined here.
These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for Colorectal cancer assays in the market.
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ASIA-PACIFICCOLORECTAL CANCER – MARKET SEGMENTATION
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