Brachytherapy Market Key Players, Competitive Landscape, Growth, Statistics, Revenue and Industry Analysis Report by 2027

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Growing incidence of cancer is one of the most significant factors influencing the growth of the market.

VANCOUVER, BC, CANADA, January 11, 2022 /EINPresswire.com/ – The Global brachytherapy market is expected to reach $ 548.8 million by 2027, according to current analysis by Emergen Research. The brachytherapy market is experiencing increased demand attributed to its increasing application in the treatment of cancer. Cancer has a significant impact on global society. According to statistics released by the National Cancer Institute, approximately 1,806,590 new cases of cancer will be diagnosed in the United States in 2020 and will result in the deaths of 606,520 people. In 2020, prostate, colorectal and lung cancers will be responsible for 43.0% of cases diagnosed in men. On the other hand, breast, colorectal and lung cancers are the most common causes of cancer in women and will be responsible for about 50.0% of diagnosed cases.

The study on the Global Brachytherapy Market is the latest report covering the impact analysis of the COVID-19 pandemic currently underway. The pandemic has directly affected the market by causing disruption in global supply chains and indirectly by inducing financial hardship. The brachytherapy market has seen dynamic changes in trends and demands due to the ongoing COVID-19 pandemic. The report provides a detailed overview of how the pandemic has affected key segments of the brachytherapy industry. The report comprises an in-depth impact analysis of the COVID-19 pandemic on the global Brachytherapy industry.

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Highlights of the report

In April 2020, Elekta announced the introduction of a Universal Gynecologic Brachytherapy Applicator, Geneva, which has been designed by deploying Elekta’s exterior-interior methodology, which meets the growing needs of frontline cancer therapists.

Low dose rate (LDR) brachytherapy is expected to grow at the fastest rate of x% during the forecast period. Radioactive sources, in LDR, are placed inside or directly next to the tumor and can be left in the target location permanently. Prostate cancer is the most common condition treated with low dose rate brachytherapy.

Breast cancer is the most common type of cancer in women, with over 2 million new cases of breast cancer in 2018. Global breast cancer survival rates vary widely, ranging from around 80% in North America, Japan and Sweden about 60%. in middle-income countries and less than 40% in low-income countries.

Specialist clinics are equipped with the required radiotherapy instrument and machines and specialized staff to help diagnose cancer and adopt an appropriate procedure for treating the disease.

Leading Companies in Brachytherapy Industry and featured in the report are:

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.

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Further, the report divides the Brachytherapy market into key segments and sub-segments to offer an analysis of the product type and industry application spectrum. It also offers predictions on which segments are expected to show significant growth over the projected timeline.

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

Type Outlook (Revenue, Billions USD; 2017-2027)

High dose rate brachytherapy (HDR)

Low dose rate (LDR) brachytherapy

Others

Application Outlook (Revenue, USD Billion; 2017-2027)

Prostate cancer

Gynecological cancer

Breast cancer

Skin cancer

Others

End User Outlook (Revenue, USD Billion; 2017-2027)

Hospitals

Specialized clinics

Others

Regional analysis:

The report throws light on the region which is expected to dominate the brachytherapy market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share that each region is expected to hold during the forecast period. The report analyzes the spread of Brachytherapy market in key geographies covering North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. The regional analysis offers an idea of ​​the production and consumption pattern, import / export, supply and demand ratio, contribution to income, market share and size, and presence of leading players in each region.

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The report covers the key points of the market including standards, regulations and policy changes applied by the government on the industry for the coming years. The report comprises in-depth research performed by applying advanced analytical tools such as SWOT analysis and Porter’s five forces analysis to identify trends and growth patterns. The factors likely to influence the market growth, current trends, opportunities, restraining factors, and the business landscape are discussed in depth in the market study.

Key points of the brachytherapy market:

Extensive Brachytherapy Market Analysis Coverage

Key insights into the regional distribution of the industry in key geographies

Radical insight into vital market trends; current and emerging trends, and factors influencing market growth

Comprehensive coverage of the impact of the COVID-19 pandemic on the overall Brachytherapy market growth

Major Manufacturers and Suppliers of the Brachytherapy Market Comprehensive Data

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