Global Brachytherapy Market to Grow at 3.7% During 2024-2032, Impelled by the Rising Prevalence of Cancer

July 07, 2021 | Healthcare

According to the latest report by IMARC Group, titled “Brachytherapy Market Report by Service Type (History and Physical Report, Discharge Summary, Operative Note or Report, Consultation Report, and Others (Pathology Report, Radiology Report, etc.)), Technology (EMR/EHR, PACS, RIS, SRT, and Others), Mode of Procurement (Outsourcing, Offshoring, Both), End-User (Hospitals, Clinics, Clinical Laboratories, Academic Medical Centers, and Others), and Region 2024-2032”, the global brachytherapy market size reached US$ 856.4 Million in 2023. 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).

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. On account of these factors, the market is expected to grow at a CAGR of 3.7% during 2024-2032.

Market Summary:

Based on the service type, the market has been segmented into history and physical report, discharge summary, operative note or report, consultation report, and others (pathology, and radiology report).
On the basis of the technology, the market has been classified into EMR/EHR, PACS, RIS, SRT, and others.
The market has been categorized based on the mode of procurement into outsourcing, offshoring, and both.
On the basis of the end user, the market has been segregated into hospitals, clinics, clinical laboratories, academic medical centers, and others.
Region-wise, the market has been divided into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being Acusis Software India Pvt Ltd., Transcend Services, Inc., Naunce Communications, Inc., MModal Global Services Pvt. Ltd., iMedX Information Services Pvt. Ltd., Global Medical Transcription LLC, nThrive Solutions LLC, MTBC (CareCloud, Inc.), Medi-Script Plus and Transtech Medical Solutions LLC.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Service Type, Technology, Mode of Procurement, End-User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	Acusis Software India Pvt Ltd., Transcend Services, Inc., Naunce Communications, Inc., MModal Global Services Pvt. Ltd., iMedX Information Services Pvt. Ltd., Global Medical Transcription LLC, nThrive Solutions LLC, MTBC (CareCloud, Inc.), Medi-Script Plus and Transtech Medical Solutions LLC
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Brachytherapy Market to Grow at 3.7% During 2024-2032, Impelled by the Rising Prevalence of Cancer

Purchase options

Single User License ~~$3899~~ $2999
Five User License ~~$4899~~ $3999
Corporate User License ~~$5899~~ $4999

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.