Brachytherapy Industry Growth, Global Survey, Analysis, Share, Statistics, Company Profiles and Forecast by 2027

The global brachytherapy market is projected to be worth USD 548.8 Million by 2027, according to a current analysis by Emergen Research. The brachytherapy market is experiencing an increased demand attributed to its growing application in the treatment of cancer. Cancer has a significant impact on global society. According to the statistics published by the National Cancer Institute, about 1,806,590 new cancer cases will be diagnosed in the US in 2020 and will account for the death of 606,520 individuals. In 2020, prostate, colorectal, and lung cancers will be responsible for a projected 43.0% diagnosed cases in men. On the other hand, breast, colorectal, and lung cancer are the most common causes of cancer in women and will be responsible for a projected 50.0% of diagnosed cases.

The latest report is touted as the first study covering the current Brachytherapy market situation gravely impacted by the COVID-19 outbreak. The market intelligence report analyzes the drastic impact of the pandemic on the global economy. The coronavirus outbreak has beleaguered the Brachytherapy business landscape, thereby impeding various manufacturers’ and buyers’ developmental scope in this sector. The report discusses the pandemic’s impact on the existing market scenario, accompanied by speculations about the Brachytherapy marketin the post-COVID-19 scenario.

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Key Highlights From The Report

  • Breast cancer is the most commonly occurring cancer type in women, with more than 2 million new breast cancer cases in 2018. The global breast cancer survival rates vary greatly, ranging from around 80% in North America, Japan, and Sweden to nearby 60% in middle-income nations and lower than 40% in low-income nations.
  • Specialty clinics are equipped with the requisite radiotherapy instrument & devices and specialist staff to assist in diagnosing cancer and adopting a suitable procedure for disease treatment.
  • The brachytherapy market in the Asia Pacific region is likely to grow at the fastest rate of 5.6% in the forecast period due to the growing incidence and occurrence of cancer, the increasing prevalence of health insurance, and improving reimbursement policies.
  • Key participants include Elekta AB, CR Bard Inc., Varian Medical Systems Inc., Eckert & Ziegler BEBIG SA, CIVCO Medical Solutions, iCAD Inc., Isoray Medical Inc., Sun Nuclear Corporation, Theragenics Corporation, and Huiheng Medical Inc., among others.

Brachytherapy Market Segmentation:

Emergen Research has segmented the global brachytherapy market on the basis of type, application, end-users, and region:

  • Type Outlook (Revenue, USD Billion; 2017-2027)
    • High Dose Rate (HDR) Brachytherapy
    • Low Dose Rate (LDR) Brachytherapy
    • Others
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Prostate Cancer
    • Gynecological Cancer
    • Breast Cancer
    • Skin Cancer
    • Others
  • End Users Outlook (Revenue, USD Billion; 2017-2027)
    • Hospitals
    • Specialty Clinics
    • Others

The regional analysis of the Brachytherapy market mainly focuses on the key regions and regional market in North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.It evaluates the presence of the global Brachytherapy market in the major regions with regards to market share, market size, revenue contribution, sales network, and distribution channel, and other key elements.

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Key points covered in the report:

  • The report provides the reader with a detailed study of the global Brachytherapy market, including essential data beneficial for business.
  • The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
  • A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
  • It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.

Table of Content:

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Brachytherapy Market Segmentation & Impact Analysis
4.1. Brachytherapy Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising incidence of cancer
4.2.2.2. Growing demand for minimally invasive procedures
4.2.2.3. Growing awareness in emerging economies
4.2.3. Market restraints analysis
4.2.3.1. Presence of alternative therapies
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

READ MORE…!

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