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Brachytherapy Market Long-term Outlook Remains Positive | Major Gaints - VARIAN MEDICAL SYSTEMS, INC., Cianna Medical, Panacea Medical Technologies Pvt. Ltd., Argon Medical., COOK, Boston Scientific Corporation

Brachytherapy Market

A proficient data and brilliant forecasting techniques used in this Brachytherapy Market report are synonymous with accurateness and correctness. The document is a meticulous analysis of existing scenario of the market, which covers several market dynamics. This market research report endows with the plentiful insights and business solutions that will support to stay ahead of the competition. The most precise way to forecast what future holds is to understand the trend today and hence Brachytherapy Marketing report has been structured by chewing over numerous fragments of the present and upcoming market scenario.

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This Brachytherapy Market report is the consequence of incessant efforts lead by clued-up forecasters, innovative analysts and bright researchers who indulge in detailed and attentive research on different markets, trends and emerging opportunities in the consecutive direction for the business needs. Company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles that are part of this report. Quality and transparency has been strictly maintained while carrying out research studies to offer an exceptional market research report for a niche. A thoughtful knowledge of industrial unanimity, market trends and incredible techniques via this Brachytherapy Market report gives an upper hand in the market.

Global brachytherapy market is estimated to rise at a substantial CAGR of 8.7% in the forecast period of 2019 to 2026. The imminent market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026. The growth of the market can be attributed to the rise in government initiatives.

Some of the major companies functioning in global brachytherapy market are ECKERT & ZIEGLER BEBIG, ISORAY INC., Elekta AB (pub), Theragenics Corporation, BD, CIVCO MEDICAL SOLUTIONS, SUN NUCLEAR CORPORATION, iCAD, Inc., VARIAN MEDICAL SYSTEMS, INC., Cianna Medical, Panacea Medical Technologies Pvt. Ltd., Argon Medical., COOK, Boston Scientific Corporation, Best Vascular, Inc., CNMC Comapany Inc, MEDraysintell and Best Theratronics Ltd among others

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Market Definition: Global Brachytherapy Market

Brachytherapy is a process that involves insertion of radioactive material inside the body. This is a radiation therapy which is mainly used for treating cancerous cell inside the body. Sometimes it is called as internal radiation. It is used in treatment of different types of cancers, such as Bile Duct Cancer, Brain Cancer and Breast Cancer among others.

According to the WHO report, it was estimated that 9.6 million deaths in 2018, because of cancer. Globally, about 1 in 6 deaths is due to cancer.

According to the International Agency for Research on Cancer, in 2015, more than 15.1 million people suffered from cancer while 8.7 million died due to cancer worldwide.

Segmentation: Global Brachytherapy Market

Brachytherapy Market : By Technique 

  • High Dose Rate  (HDR) Brachytherapy
  •  Low Dose Rate  (LDR) Brachytherapy
  •  Pulse Dose Rate (PDR) Brachytherapy
  •  Image Guided Brachytherapy (IGBT)

Brachytherapy Market : By Application

  • Prostate Cancer
  • Breast Cancer
  • Gynecological Cancer
  • Cervical Cancer
  • Skin Cancer
  • Others

Brachytherapy Market : By Product

  • Brachytherapy After Loader
  • Brachytherapy Applicators
  •  Brachytherapy Software

Brachytherapy Market : By  End User

  •  Hospitals
  •  Specialty Clinics
  •  Others

Brachytherapy Market : By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East and Africa

Key Developments in the Brachytherapy Market:

  • In September 2019, Akesis, Inc. received 510(k) clearance from U.S. Food and Drug Administration, on its product “gamma stereotactic radiosurgery (SRS) system”, this product will offer efficient delivery of high-precision intracranial treatments. With, this clearance this product will assist in market development for Akesis, Inc., by providing better solution to the cancer patients
  • In August 2017, Salutaris Medical Devices launched the trial of brachytherapy. It will be available for the treatment of neovascular age-related macular degeneration. The trial will help the surgeons to handel the SalutarisMD system (SMD-DA system) along with the anti-VEGF treatment regimen

Brachytherapy Market Drivers

  • Technological advancements in this field is driving the market growth
  • R&D investments by market players will propel the growth of the market
  •  Increasing prevalence of cervical & lung cancer in developing regions and developed health care infrastructure is boosting the market growth
  • Rising acceptance of minimal invasive surgeries may fuel the market in the forecast period

Brachytherapy Market Restraints

  • Higher reimbursement in field of radiation therapy, is acting as a restraint for the market growth
  • Availability of substitutes in the market can hamper the growth of the market
  • Side effects of the treatment will also restrict the market in the forecast period

Opportunities in the Brachytherapy Market Report :

  1. Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
  2. Comprehensive analysis of the factors that drive and restrict the market growth is provided in the Brachytherapy Market report.
  3. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
  4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.

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