The global Intraoperative Radiation Therapy Market research report 2030, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Intraoperative Radiation Therapy market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Data Bridge Market Research analyses that the intraoperative radiation therapy market, which was USD 283.94 million in 2022, would rise to USD 498.91 million by 2030 and is expected to undergo a CAGR of 7.30% during the forecast period from 2023 to 2030.
Top Companies in the Global Intraoperative Radiation Therapy Market:
IntraOp Medical, Inc (U.S.), Varian Medical Systems, Inc (U.S.), Eckert & Ziegler (Germany), Sensus Healthcare (U.S.)., Elekta (Sweden)., REMEDI Co., Ltd (South Korea), Brainlab AG (Germany), Sensus Healthcare (U.S.), Elekta (Sweden), among others.
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Market Segmentation:
The intraoperative radiation therapy market is segmented on the basis of method, product, type, application, end user, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Method
• Electron
• Intraoperative Brachytherapy
• High Dose-Rate
• X-Ray
• Others
Product
• Intraoperative Radiation Therapy Devices
• Intraoperative Radiation Therapy Accessories
• Software and Services
Type
• Portable
• Benchtop
Application
• Breast Cancer
• Brain Tumor
• Head and Neck Cancer
• Soft Tissue Sarcoma
• Pediatric Tumors
• Gynecological Cancer
• Genitourinary Cancers
• Upper Gastro-Intestinal Tumor
• Other Cancer
End User
• Hospital
• Ambulatory Surgical Centers
• Specialty Center
• Others
Distribution Channel
• Direct Tender
• Retail Sales
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
North America dominates the intraoperative radiation therapy market due to the due to a huge number of market players in the region, their persistent efforts in launching new products, and R&D activities to support easy operations and assure the wide availability of authentic medical-grade imaging systems.
North America is expected to witness significant growth due to increasing acceptance and huge usage of IORT in treating cancer patients in the region. Moreover, the growing prevalence of chronic disorders is anticipated to increase market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The intraoperative radiation therapy market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for intraoperative radiation therapy market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the intraoperative radiation therapy market. The data is available for historic period 2011-2021.
Browse The Report Description:
https://www.databridgemarketresearch.com/reports/global-intraoperative-radiation-therapy-market
Market Dynamics
Drivers
• Increasing Prevalence of Cancer
A rise in cancer incidence rate globally is expected to boost the market during the forecast period, as radiation therapy is used in approximately 50% of all cancer treatments. According to GLOBOCAN 2021, there were around 19.3 million new cancer cases worldwide in 2020, which is anticipated to rise to 30.2 million by 2040. As nuclear medicines are widely used in cancer treatment, such as radiotherapy, there is a growing demand for nuclear medicine radioisotopes, thus boosting the market. The growing number of cancer cases would generate the need for nuclear medicine radioisotopes for treatment, enhancing the market's growth. Thus, this factor boosts market growth.
Opportunities
• Increasing Product Launches by Market Players
Several intraoperative imaging technologies, such as c-arm, iUltrasound, and iMRI, have greatly extended surgical possibilities. The ability to see bones and soft tissue with extreme precision has changed the surgical care of several disorders, including orthopedics, cardiology, neurology, vascular, and neurology. The persistent advances in intraoperative imaging technologies, such as 3D and real-time imaging, are anticipated to expand the market. For instance, the FDA granted GE Healthcare clearance for OEC 3D, a surgical imaging system capable of 3D and 2D imaging, in 2021. By offering precise volumetric images, OEC 3D sets a goal to set a benchmark for intraoperative 3D imaging for spine and orthopedic surgeries. Thus, this factor boosts market growth.
• Growing Demand for iMRI
The increasing demand for iMRI is anticipated to grow significantly during the forecast period. The iMRI system's high-quality images enable higher precision in difficult surgeries and offer real-time images, greatly decreasing the chances of inaccuracy and the absence of ionizing radiation. These have assisted the development of iMRI as an important tool for surgeries. Thus, this factor boosts the market's growing rapidly.
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