Global Brachytherapy Devices Market Overview: 2024-2029
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2029
The Global Brachytherapy Devices Market is projected to grow at a CAGR of around 7.0% during the forecast period, i.e., 2024-2029.
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Global Brachytherapy Devices Market Dynamics: 2024-2029
Global Brachytherapy Devices Market Driver:
Rising Burden of Geriatric Population to Drive the Demand for Brachytherapy – The growing geriatric population globally is much more sensitive to carcinogenic agents, which has been leading to a significant rise in cancer prevalence in the geriatric population. There are various changes in the old-age population that have been responsible for the high rate of cancer like cellular damage, DNA damage, & weakened immune response among others.
Furthermore, the older population is also highly sensitive to the therapies that have been used for cancer treatment, as their tolerance is lower in comparison to the younger population. Hence, these patients have been observed to prefer therapies with lower side effects, and targeted effects, among which brachytherapy is one. Consequently, the growing geriatric population and rising cases of cancer among them have been positively affecting the demand for brachytherapy devices across the globe.
As per World Health Organization, the geriatric population in 2020 was around 1 billion, which would be doubled to 2.1 billion by the end of 2050. Hence, as the life expectancy of the consumers is increasing, which would uplift the geriatric population, and enhance the prevalence of cancer as well across the world. Therefore, this would drive the growth of the Global Brachytherapy Devices Market in the upcoming years.
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Global Brachytherapy Devices Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Product Type
-Seeds- Market Size & Forecast 2019-2029, USD Million
-Applicators & Afterloaders- Market Size & Forecast 2019-2029, USD Million
-Imaging systems- Market Size & Forecast 2019-2029, USD Million
-Others (Needles, Miniaturized X-Ray Source, etc.)- Market Size & Forecast 2019-2029, USD Million
Brachytherapy applicators have dominated the market through advancements in applicator design,
By Technique
-Low Dose Rate (LDR)- Market Size & Forecast 2019-2029, USD Million
-High Dose Rate (HDR)- Market Size & Forecast 2019-2029, USD Million
-Pulse Dose Rate (PDR)- Market Size & Forecast 2019-2029, USD Million
By Application
-Prostate Cancer- Market Size & Forecast 2019-2029, USD Million
-Gynecological Cancer- Market Size & Forecast 2019-2029, USD Million
-Breast Cancer- Market Size & Forecast 2019-2029, USD Million
-Others (Skin Cancer, Esophageal Cancer, etc.,)- Market Size & Forecast 2019-2029, USD Million
By End-user
-Hospitals- Market Size & Forecast 2019-2029, USD Million
-Cancer Treatment Centers- Market Size & Forecast 2019-2029, USD Million
-Others (Specialty Clinics, Ambulatory Surgical Centers, etc.) – Market Size & Forecast 2019-2029, USD Million
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Global Brachytherapy Devices Market:
-Saudi Kenz
-SkiptonWall
-BSH Walls and Floors
-Muraspec
-The Sherwin-Williams
-OSBORNE & LITTLE
-The Romo Group.
Industry Recent Development:
022: Varian, launched BRAVOS® and GammaMedplus™ iX brachytherapy after loaders, along with a wide range of applicators and brachytherapy treatment planning software tools. It was in line to enhance its product portfolio in the brachytherapy segment.
2022: iCAD Inc., announced the successful results of a clinical trial of treatment of recurrent glioblastoma (GBM), under which additional patients have been treated. They also announced that these results expanded the usage of their Xoft® Electronic Brachytherapy (eBx®) System® by customers across the globe.
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