Select Language
According to the latest report by IMARC Group, titled “Brachytherapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global brachytherapy market exhibited moderate growth during 2015-2020. Brachytherapy refers to a type of radiation therapy that is used to treat cancer. The procedure involves the placement of radioactive materials in or around the tumor to reduce the damage to the surrounding healthy tissue. Brachytherapy is effective in treating cervical cancer, breast cancer, skin cancer, and various other types of cancer. It can be utilized alone or in conjunction with other cancer treatments, including chemotherapy, surgery, and external radiation therapy. Brachytherapy allows doctors to deliver higher doses of radiation to specific body parts than conventional forms of radiation therapy or external beam therapy (EBT).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Brachytherapy Market Trends:
The global brachytherapy market is primarily driven by the increasing prevalence of different types of cancer. Brachytherapy uses artificially produced radionuclides, including Caesium-137, Iridium-192, Gold-198, Iodine-125, and Palladium-103, for routine use. This has resulted in the adoption of brachytherapy for the effective treatment of cancer. Apart from this, the increasing healthcare expenditure and rising awareness regarding the advanced treatment options for cancer are escalating the demand for brachytherapy. Besides this, there has been widespread acceptance of the therapy amongst patients and medical professionals as brachytherapy equipment offer extremely localized radiation doses to small tumors. They are also used for prophylactic, palliative, and curative treatments, and used as monotherapy or as an adjuvant with surgery. Furthermore, various research and development (R&D) activities and the development of minimally invasive surgical procedures are creating a positive outlook to the market. Looking forward, the market value is expected to exhibit a CAGR of 6% during the forecast period (2021-2026).
Market Summary:
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91-120-433-0800 )
Drop us an email at
sales@imarcgroup.com