Brachytherapy Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2027

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

Brachytherapy Market Size – USD 396.4 Million in 2019, Market Growth - CAGR of 4.1%, Market Trends –Growing demand for a minimally invasive procedure

The new report titled ‘Global Brachytherapy Market,’ published by Emergen Reserach, is a vivid presentation of the global Brachytherapy Market, with utmost focus on the forecast market size, share, value, and volume over the projected timeline. The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations. It features insightful qualitative and quantitative assessments of the Brachytherapy industry, gathering industry-verified data from the value chain analysis. The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators.

In the Global Brachytherapy Market Research Report published by Emergen Research, key business details are analyzed along with a geographical overview of the Brachytherapy industry, which provides extensive analysis of this sector. This study provides a comprehensive look at the Brachytherapy market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. As of 2017, the research study provides historical data and offers forecasts up to 2027. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.

In view of the current COVID-19 pandemic, the growth of the Brachytherapy industry is expected to be significantly affected, especially due to movement restrictions and lockdowns affecting supply and demand. There has been a significant impact of the COVID-19 pandemic on several sectors of the global market. The Brachytherapy sector is expected to be affected too. The economic slowdown and dynamic changes in the demands will also adversely affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Brachytherapy industry.

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.

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Market Dynamics:

The report offers insightful information about the market dynamics of the Brachytherapy market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Brachytherapy market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Brachytherapy market.

Radical Highlights of the Brachytherapy Market Report:

  • Comprehensive overview of the Brachytherapy market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and R&D advancements on the Brachytherapy market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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The leading market contenders listed 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, Huiheng Medical Inc.

Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Segments Covered in this report are:

  • 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

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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