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Impact of Covid19 on Brachytherapy Market, Future Growth 2020-2026 | Market to Reach USD 531.4 Million with CAGR 4.7 %

: New York, United States, 14-July 2020, (Via WiredRelease), (Reports and Data) – According to the current analysis of Reports and Data, the global Brachytherapy Market valued at USD 368.8 million in 2018 and is expected to reach USD 531.4 billion by the year 2026, at a CAGR of 4.7%. It is a treatment used for the treatment of malignancy; it is done by placing radioactive material inside the body; it is also called internal radiation.

The therapy allows doctors to deliver high doses of radiation to specific parts of the body rather than using conventional forms of radiation therapy where radiation is given outside the body.  This process targets the tumor and reduces radiation to the nearby healthy tissue.

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According to the reports of WHO, the global cancer burden had estimated to be about 18.1 million new cases and 9.6 million deaths by 2018. According to an estimation around 17 million registered breast cancer in 2017, wherein 10 million had prostate cancer in 2017 across the globe. Due to the rise in technological advancements, R&D investments are likely to propel the growth of the market; also, the increase in healthcare awareness are factors improving market growth. However, side effects obtained by the therapy, and availability of other alternative substitute therapies are the primary restraint to the market. North America had held significant market value in the year 2018, owing to the rise in the prevalence of malignancy, and an increase in the healthcare expenditure, and also government funding for better treatment of tumors

Key participants include

Eckert & Ziegler BEBIG, IsoRay Medical, Inc., Carl Zeiss Meditec AG, Argon Medical Devices Inc., Panacea Medical Technologies, Elekta AB, Boston Scientific Corporation, CR Bard Inc., GE Healthcare, and Varian Medical Systems, Inc.

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For the purpose of this report, Reports and Data have segmented into the global Brachytherapy market on the basis of type, propellants, application, and region:

Types Outlook (Revenue in Million USD; 2016–2026)

High Dose Rate (HDR) Brachytherapy Low Dose Rate (LDR) Brachytherapy

Products Outlook (Revenue in Million USD; 2017–2024)

Brachytherapy After Loader Brachytherapy Applicators Intraluminal Applicators Interstitial Applicators Intraoperative and Surface Applicators Brachytherapy Software

Applications Outlook (Revenue in Million USD; 2017–2024

Cervical cancer Prostate Cancer Gynecological Cancer Breast Cancer Other Cancers

End Use Outlook (Revenue in Million USD; 2017–2024)

Hospitals Oncology Treatment Centers Others

Regional Outlook (Revenue, USD Million; 2017-2027)

North America S Europe K France Asia Pacific China India Japan MEA Latin America Brazil

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Key aspects of the Brachytherapy Market Report:

The report comprises of Brachytherapy market overview, market share, demand and supply ratio, supply chain analysis, and import/export details. The report explores different strategies and procedures undertaken by key market players that assist in making profitable decisions. The report covers all the crucial information about the products and services of major competitors.

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Last Updated: 16-Jul-2020