Rising incidence of cancer is one of the most significant factors influencing the market growth. Market Size – USD 396.4 Million in 2019, Market Growth – CAGR of 4.1%, Market Trends –Growing demand for a minimally invasive procedure.
The global brachytherapy market size was valued at USD 396.4 Million in 2019 and is forecasted to reach USD 548.8 Million by 2027 at a CAGR of 4.1%. The brachytherapy market is experiencing an increased demand attributed to its growing application in cancer treatment such as prostate cancer, gynecological cancer, breast cancer, and skin cancer. Factors such as rising cancer incidence, growing demand for minimally invasive procedures, and growing awareness about the disease in emerging economies drive the market growth.
The market report, Brachytherapy Market uses qualitative and quantitative research techniques to showcase competitive landscape for the forecast period, 2020 – 2027.Besides this, the report further blends in primary and secondary research techniques to assess, interpret, the segment as well as forecast the total revenue generated by the industry across various regions. Business owners/stakeholders can chalk-out expansion plan by leveraging statistics on market share, size, sale volume, growth rate and return over-invest discussed in the study.
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.
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Segments Covered in the report
Type Outlook (Revenue, USD Billion; 2017-2027)
High Dose Rate (HDR) Brachytherapy
Low Dose Rate (LDR) Brachytherapy
Application Outlook (Revenue, USD Billion; 2017-2027)
End Users Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
Key questions answered by the report
At what rate will the brachytherapy market grow?
What will be the value of the market in 2027?
What would be the impact on brachytherapy in the Asia Pacific region?
What is the key application of brachytherapy?
What are the future growth strategies adopted by market players?
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