Brachytherapy Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By type (High dose-rate (HDR) brachytherapy, Low dose-rate (LDR) brachytherapy, Pulse Dose Rate (PDR) brachytherapy), by device (after loader and applicators) by application prostate cancer, cervical cancer, breast cancer, skin cancer, others) – Forecast till 2023
Brachytherapy is a type of cancer therapy that includes radiation. The treatment mostly works from a very short distance as its Greek name suggests (‘Brachy’ stands for short distance). The global brachytherapy market is expected to flourish with a 10.9% CAGR during the forecast period (2017-2023). Market Research Future (MRFR) in their latest report claims a possibility for the market to achieve and exceed the valuation by the end of 2023.
Several companies are showing interest in the global brachytherapy market and taking various strategic moves to improve their individual market stance. But, in the process, they are also improving the market expansion opportunities.
Global Leaders- Varian Medical Systems, Inc. (US), Eckert & Ziegler (Germany), C. R. Bard, Inc (US), Argon Medical Devices, Inc. (US), Elekta AB (Sweden), IsoRay Medical, Inc. (US), IsoAid (US), and others. MRFR analyzed this market and included several pointers to assist in the understanding of key trends that can reshape the market.
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The brachytherapy market is getting thrust from the increasing number of cancer patients across the world. High investment possibility from governments and private investors are pushing the market forward. Better cancer treatment policies are also helping patients in the availing of this technology. This increases the brachytherapy market expansion scope. In addition, low treatment time and better efficiency are making it a better choice.
In June 2019, Vivos Inc, a company expert in making instruments for brachytherapy, announced that it will have a 1-for-8 reverse stock split for better market positioning.
The global Brachytherapy Market, as discussed by MRFR in their latest report, can be segmented into type, device and application. This segmentation is backed by volume-wise and value-wise data to assist in unearthing the weak and strong points.
Based on the type, the brachytherapy market includes high dose-rate (HDR) brachytherapy, low dose-rate (LDR) brachytherapy, and pulse dose rate (PDR) brachytherapy. The HDR technique is gaining grounds in managing serious cases.
Based on devices, the brachytherapy market comprises brachytherapy after loaders and applicators.
Based on the application, the brachytherapy market comprises breast cancer, prostate cancer, cervical cancer, skin cancer and other types of cancers. Other types of cancer include gynecologic cancers, anal/rectal tumors, esophageal cancer, head and neck cancers.
The Americas, Europe, the Middle East and Africa (MEA), and Asia Pacific (APAC) are regions discussed in the global brachytherapy market report studied by MRFR. This region-specific analysis of the global market aims at unearthing possibilities where the market can gain high grounds.
The Americas has 55% of the market share under its belt and is the heaviest contender for the global market dominance. The regional market can be segmented into North and South America. North America is driving the total market ahead. This is due to the presence of a country like the US. The US is spending substantially to make their infrastructure one-of-a-kinds. High investment, better technological inclusion, and other factors are improving the regional market scenario. In South America, countries like Argentina and Brazil can provide market thrust. At the same time, the entire region is experiencing substantial support from governments both in terms of insurance policies and expenditures regarding research and development benefits.
Europe had over 20% of the market under its dominance in 2016. This is due to similar features it shares with North America. Several countries like the UK, France, Germany, and others are providing top-class healthcare facilities due to which the region is expected to gain strong traction. The APAC region is expected to gain more from government investments where the main focus is on the effort to gain strong grounds in the medical tourism sector. In the MEA region, Africa is expected to share the least revenue owing to poor infrastructural facilities.
Scope of Report
The report for Brachytherapy market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
Main objective of this research is to provide information about brachytherapy market, types of brachytherapy, and its application.
- To provide detailed analysis of the market structure along with the forecast for the next seven years of the various segments and sub-segments of the brachytherapy market.
- To provide insights about factors affecting the market growth.
- To analyze the brachytherapy market based on various factors- Price Analysis, Supply Chain Analysis, Porters Five Force Analysis, etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies – Americas, Europe, Asia Pacific and the Middle East & Africa and their countries.
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segments type of brachytherapy, by application and its sub-segments.
- To provide an overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Brachytherapy market.
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List of Tables
Table 1 Brachytherapy Industry Synopsis, 2017–2023
Table 2 Global Brachytherapy Market Estimates & Forecast, 2017–2023, (Usd Million)
Table 3 Global Brachytherapy Market, by Region, 2017–2023, (Usd Million)
Table 4 Global Brachytherapy Market, by Type, 2017–2023, (Usd Million)
Table 5 Global Brachytherapy Market, by Device, 2017–2023, (Usd Million)
Table 6 Global Brachytherapy Market, by Application, 2017–2023, (Usd Million)
Table 7 Americas Brachytherapy Market, by Type, 2017–2023, (Usd Million)
Table 8 Americas Brachytherapy Market, by Device, 2017–2023, (Usd Million)
Table 9 Americas Brachytherapy Market, by Application, 2017–2023, (Usd Million)
Table 10 North America Brachytherapy Market, by Type, 2017–2023, (Usd Million)
List of Figures
Figure 1 Research Process
Figure 2 Segmentation for Global Brachytherapy Market
Figure 3 Segmentation Market Dynamics for Brachytherapy Market
Figure 4 Global Brachytherapy Market Share, by Type, 2016
Figure 5 Global Brachytherapy Market Share, by Device, 2016
Figure 6 Global Brachytherapy Market Share, by Application, 2016
Figure 7 Global Brachytherapy Market Share, by Region, 2016
Figure 8 Americas Brachytherapy Market Share, by Country, 2016
Figure 9 Europe Brachytherapy Market Share, by Country, 2016
Figure 10 Asia Pacific Brachytherapy Market Share, by Country, 2016
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