Yahoo Finance 25 Best Hospitals for Cancer Treatment in the World
In this article, we will discuss the 25 best hospitals for cancer treatment in the world. To skip the detailed analysis and recent updates about the oncology market, go directly to the 5 Best Hospitals for Cancer Treatment in the World.
The oncology segment in the healthcare industry is a fast-growing market due to several reasons including the aging population and increasing prevalence of cancer. According to the World Health Organization, around 1 in 6 people in the world will be aged 60 or above by 2030 and will reach 1.4 billion compared to 1 billion in 2020 which increases the population size that is at the risk of cancer. Allied Market Research believes that a higher number of R&D activities and early screening of cancer are also some of the growth catalysts of the oncology segment. The research firm expects the oncology drugs market to reach $274.4 billion by 2030 from $135.5 billion in 2020, registering a CAGR of 7.5%.
The oncology market is one of the primary growth drivers for the entire pharma industry. According to Fortune Business Insights, oncology accounted for 30% of the industry’s product pipeline and 25% of the total revenues in 2020. Cancer is a chronic non-treatable disease but previously, chemotherapy, radiotherapy, and surgical procedures have been used to treat the disease. However, these treatments don't have a high success rate when it comes to stopping cancer recurrence. Regardless of the rate of recurrence, IQVIA reports that as of 2018, a record number of new drugs have been launched that have created several new options for patients.
Cancer Vaccines
The topic of cancer vaccines is gaining popularity around the globe. Merck & Co., Inc. (NYSE:MRK) and Moderna, Inc. (NASDAQ:MRNA) have been jointly working on a new vaccine. The vaccine is a combination of an mRNA cancer vaccine with Moderna, Inc. (NASDAQ:MRNA)’s Keytruda?, which has shown a 44% reduced risk of cancer recurrence or death compared to the Keytruda alone in the phase 2 trials.
In addition, the German biotechnology company BioNTech SE (NASDAQ:BNTX) and the UK government have signed a Memorandum of Understanding (MoU) to provide up to 10,000 patients with mRNA-based personalized cancer immunotherapies by 2030.
Some of the most promising cancer stocks according to analysts include Moderna, Inc. (NASDAQ:MRNA), BeiGene, Ltd. (NASDAQ:BGNE), and AstraZeneca PLC (NASDAQ:AZN).
Photo by National Cancer Institute on Unsplash
Methodology
For this article, we cast a wide net for research and consulted several reliable sources including News Week, Clinic Spots, Medical Travel Market, and SCIMAGO, among others. The hospitals are ranked based on the number of times each hospital was mentioned by the different sources we used. The hospitals that were mentioned an equal number of times were ranked according to News Week's list of "World's Best Specialized Hospitals.
Best Hospitals for Cancer Treatment in the World
25. Severance Hospital - Yonsei University, South Korea
Severance Hospital is part of the Yonsei University Health System and has been leading cancer treatment in South Korea as it was the first hospital to offer robotic surgery in 2005.
24. Humanitas Research Hospital, Italy
One of the first polyclinics in Italy, Humanitas Research Hospital has one of the few clinics accredited by the Joint Commission International and is considered one of the world's best hospitals by Harvard University. The specialized oncology department treats various types of cancers including breast, colon, leukemia, and liver.
23. Cleveland Clinic, United States
The cancer care center of Cleveland Clinic is on our list of 25 best hospitals for cancer treatment in the world because it employs around 700 physicians, specialists, and nurses. The clinic is part of the Case Comprehensive Cancer Center (Case CCC) network and offers clinical trials to treat cancer patients.
22. Hospital Universitario La Paz, Spain
La Paz is famous in Spain as it is not only a hospital but also an excellent research center and teaching institute.
21. Johns Hopkins Medicine, United States
The cancer center of Johns Hopkins has been operating for the past 50 years and has numerous sub-centers like Sidney Kimmel Comprehensive Cancer Center, Colorectal Cancer Center, Kelly Gynecologic Oncology Service, and more. Cancer patients can opt for traditional cancer treatments as well as clinical trials at Johns Hopkins.
20. Seoul St. Mary’s Hospital, South Korea
Seoul St. Mary’s Hospital of the Catholic University of Korea is one of the best hospitals for cancer treatment in the world and the Catholic Comprehensive Cancer Institute is a state-of-the-art facility. The hospital is known for treating foreigners and the 48 clinical departments follow international standards. The building is one of the largest in South Korea and has ?28 floors and employs over 800 doctors.
19. Universit?tsklinikum Heidelberg, Germany
The Heidelberg University Hospital offers a wide range of scope for cancer treatment with surgical procedures, chemotherapy, stem cell transplantation, and radiation therapy being at the top. The establishment of the department of the National Center of Tumor Diseases (NCT) in partnership with the German Cancer Research Center (DKFZ) is the latest step toward cancer care by the hospital.
18. Peter MacCallum Cancer Centre, Australia
The Peter MacCallum Cancer Institute is a leader in cancer treatment in Australia and has more than 3,200 personnel on its staff. The hospital takes an innovative approach to treating cancers like sarcoma, breast cancer, lung cancer, cancer with an unspecified original location, etc.
17. Indraprastha Apollo Hospital, India
Indraprastha Apollo Hospital is owned by Apollo Hospitals Group which is one of India's leading healthcare providers. The hospital has 5 cancer dedication departments and is the first Indian hospital accredited four times in a row by the Joint Commission International. Indraprastha Apollo Hospital is located in Delhi and has a team of 23 experienced oncologists.
16. IRCCS Foundation National Cancer Institute, Italy
The National Cancer Institute of Milan (INT) is located in Milan and is a Comprehensive Cancer Center according to the Organization of European Cancer Institutes (OECI). The institute’s various departments, including oncology, surgery, radiotherapy, and hematology, focus on cancer assessment and treatment through traditional treatments and clinical trials, and early-phase studies.
15. Hospital Israelita Albert Einstein, Brazil
Sociedade Beneficente Israelita Brasileira Albert Einstein’s Hospital Israelita Albert Einstein was established in 1971. The hospital was the first to attain membership and form a partnership with the MD Anderson Cancer Center outside of the USA.
14. Seoul National University Hospital, South Korea
Seoul National University Hospital has been focused on the development of anti-cancer drugs and treatments since 2011. The hospital has 16 cancer specialty centers and 10 well-established multidisciplinary cancer treatment centers.
13. Massachusetts General Hospital, USA
Massachusetts General Hospital offers cancer patients complete cancer care through the Mass General Cancer Center. Apart from the commonly available cancer treatments, the center has 2 proton therapy centers, making it the only facility in New England to have this service.
12. Charité - Universit?tsmedizin Berlin, Germany
Charité is one of the most famous and biggest hospitals in all of Europe and its Charité Comprehensive Cancer Center (CCCC) is involved in cancer treatment, research, education, and training in the field.
11. Istituto Europeo di Oncologia, Italy
A part of EU-LIFE, Istituto Europeo di Oncologia (IEO) offers specialized services for adult oncology. Aside from the commonly occurring cancers, IEO also treats endometrial cancer, hypopharynx cancer, lymphoma cancer, etc.
10. The Royal Marsden Hospital, United Kingdom
Located in London and Surrey, The Royal Marsden Hospital has received an ‘Outstanding’ rating from the Care Quality Commission. The hospital offers holistic cancer treatment and has a dedicated international patient center and the staff of the center includes translators, advocates, and coordinators.
9. National Cancer Center Hospital, Japan
Opened in 1962, the National Cancer Center Hospital employs around 4,138 people and has 1,003 beds, 331,268 inpatient admissions per year, and 2,341 visits to the screening center.
8. The Princess Margaret Cancer Centre, Canada
The largest radiation center in Canada, the Princess Margaret Cancer Centre offers comprehensive cancer care through 26 specialty clinics, more than 200 beds, a modern Magnetic Resonance-guided Radiation Therapy (MRgRT) suite, and two Leksell Gamma Knife Perfexion units.
7. Asan Medical Center, South Korea
AMC Cancer Institute has been exemplary in cancer treatment for more than a decade now and it received 1,120,108 cancer patients in 2022. AMC was the first medical institute in Korea to launch an emergency cancer center. According to AMC’s website, it had 529 clinical trials and handled 113,430 radiotherapy cases in 2022.
6. Samsung Medical Center, South Korea
Samsung Medical Center is visited by a huge number of local and international patients as its services span from commonly available cancer treatment and rehabilitation to research and cutting-edge cancer therapies and precision medicine through the Samsung Genome Institute.
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Disclosure. None. 25 Best Hospitals for Cancer Treatment in the World is originally published on Insider Monkey.