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Brachytherapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Brachytherapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • May 2021
  • 108 pages
  • ID: 5827210
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global brachytherapy market exhibited moderate growth during 2015-2020.

Brachytherapy, also known as internal radiation therapy, is a form of radiotherapy in which radiation is transported directly through a source implanted near or next to the cancerous tumor in the body. The source produces gamma rays that are focused on cancer cells and reduce the damage to surrounding healthy tissue. Brachytherapy is either administered in Low Dose Rate (LDR) or High Dose Rate (HDR) depending upon the severity of the disease and its damage. For LDR, small radioactive seeds are implanted permanently in or around the tumor, whereas, for HDR, radioactive sources are removed from the patient’s body at the termination of each session and is used in the cases of high-risk cancers. Looking forward, the analyst expects the global brachytherapy market to grow at a CAGR of around 6% during 2021-2026.

The rising prevalence of different types of cancer is one of the key factors driving the global market. Brachytherapy has been proven to be an extremely effective treatment option for cervical, skin and breast cancers, which is contributing significantly to its market growth. Furthermore, the availability of high-quality brachytherapy equipment that provides accurate and extremely localized doses of radiation to small tumors has enhanced the acceptance of the therapy amongst patients and medical professionals alike. Technological advancements in oncology treatments and extensive research and development (R&D), such as trials for treating neovascular age-related macular degeneration, have also provided a significant boost to the market growth. In addition to this, growing medical tourism across the globe, along with increasing awareness about the advantages of brachytherapy and its cost-effectiveness and increasing cure rate as compared to surgery or external beam therapy (EBT), is also significantly driving the market.

This latest report provides a deep insight into the global brachytherapy market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the brachytherapy market in any manner.

Report Coverage:
Historical, Current and Future Market Trends

Market Breakup by Service Type:
History and Physical Report
Discharge Summary
Operative Note or Report
Consultation Report
Others (Pathology Report, Radiology Report, etc.)

Market Breakup by Technology:
EMR/EHR
PACS
RIS
SRT
Others

Market Breakup by Mode of Procurement:
Outsourcing
Offshoring
Both

Market Breakup by End User:
Hospitals
Clinics
Clinical Laboratories
Academic Medical Centers
Others

Market Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being Acusis, Transcend Services, Naunce Communications, MModal, iMedX Information Services, Global Medical Transcription, nThrive, MTBC, Medi-Script Plus, Transtech Medical Solutions, etc.

Key Questions Answered in This Report:
How has the global brachytherapy market performed so far and how will it perform in the coming years?
What are the key regional markets in the global brachytherapy industry?
What has been the impact of COVID-19 on the global brachytherapy industry?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the mode of procurement?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the global brachytherapy industry?
What are the key driving factors and challenges in the global brachytherapy industry?
What is the structure of the global brachytherapy industry and who are the key players?
What is the degree of competition in the global brachytherapy industry?

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