The key advantage of brachytherapy devices in comparison to other forms of radiation therapy equipment is the high precision provided by these devices in radiation source placement. These devices enable safe radiation therapy treatment with high localized doses of radiation. These devices form an optimal form of treatment delivery due to the fact that the reoccurrence of cancer in a patient treated with brachytherapy is quite rare.
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This research study has been compiled by gathering data from leading industry experts. The report has been collated by using an objective amalgamation of primary as well as secondary research. The growth prospects of the brachytherapy devices market in the forthcoming years, along with the market landscape, have been elaborated in this research report. The report presents an evaluation of the technological developments in the brachytherapy devices market and also incorporates the Porter’s five force model evaluation along with detailed company profiles of prime players dominant in the market.
The report comprises a comprehensive review of the global brachytherapy devices market. An analysis of the global manufacture of brachytherapy devices in terms of volume, value, imports, price trends, and exports during the forecast period from 2012 to 2018 also forms an integral part of this study. A review of the macro and micro factors along with an analysis of the new entrants with in-depth value chain analysis also forms a substantial part of this research report.
Overview of the Brachytherapy Devices Market
Brachytherapy is an effective and noninvasive outpatient procedure and can be personalized with ease as per the patient’s requirements. Brachytherapy is called as sealed source radiation therapy, as the radiation source after sealing is placed near or inside of the body part that needs radiation therapy. Brachytherapy is utilized for treating the majority of tumors and is most commonly utilized for the treatment of cancers of the breast, cervix, prostate, and skin.
There are a number of factors fuelling the market for brachytherapy devices. The key factors include less time needed for treatment, enhanced efficiency of brachytherapy devices, and their cost-effectiveness. The globally growing medical tourism industry will have a positive effect on the brachytherapy devices market. In addition, the rising prevalence of cancer worldwide is also stimulating the brachytherapy devices market. Furthermore, brachytherapy’s increasing applications in other body sites is also predicted to fuel the market in the coming years.
On the basis of geography, the market is segmented into Europe, North America, Asia Pacific, and Rest of the World. The market will exponentially rise in the developing economies of China, Brazil, and India.
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Key players in the Brachytherapy Devices Market
The prime players operating in the market for brachytherapy devices include Eckert and Ziegler BEBIG S.A., C.R. Bard Inc., Elekta AB, Theragenics Corp., GE Healthcare Ltd., Varian Medical Systems Inc., Boston Scientific Corp., Olympus Corp., CONMED Corp., Cook Medical Inc., Huiheng Medical Inc., Gammex Inc., and CIVCO Medical Instruments Co. Inc., among others..
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