Global Fiducial Markers Market Is Set To Expand At Over 8% CAGR Through 2031

Fiducial markers, tiny metal objects about the size of a grain of rice, are highly efficient in pinpointing the location of a tumor with high precision. As fiducial markers are an integral part of radiation therapy to target tumors without affecting nearby healthy tissues, they have high requirement in the healthcare and medical sectors. According to Fact.MR, the global fiducial markers Fiducial Markers Market is set to expand at over 8% CAGR through 2031.

With the adoption of fiducial markers as a standard tool for image-guided radiotherapy, manufacturers are coming across huge demand. According to a report titled "Radiotherapy in Global Cancer Control" published by the Cancer Control Organization, availability of radiotherapy equipment varied from 8.6 machines per million people in high-income countries (as per the World Bank definition) to 1.6 per million in high-middle income, 0.71 in low-middle income countries, and 0.21 per million in low-income countries. This data reveals the growth scope for fiducial markers over the coming years.

Key Takeaways from Fiducial Markers Market Study

Germany remains the leading country in the world's largest Fiducial Markers Market for fiducial - Europe
The United States will remain the epicenter of the world's largest fiducial markers Fiducial Markers Market - North America - with a share of more than 85% in the region.
China, Japan, Indonesia, and others to remain highly sought-after markets for suppliers.
High demand for pure gold fiducial markers to fuel sales.
Growing requirement of photon therapy to propel growth of fiducial manufacturers.
In terms of disease site, prostate cancer to emerge as a dominant segment.
Radiotherapy centers to lead Fiducial Markers Market demand in terms of end user.

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Competitive Landscape

The global fiducial markers Fiducial Markers Market is expanding fast. In order to survive in the cut-throat competition, key players are emphasizing on launching more quality products.

For instance,

Innovative Oncology Solutions launched its new range of fiducial markers, such as SBRT Immobilization, Supine Breast & Thorax Positioning, and others, in 2020.
CIVCO launched its new extensive range of fiducial markers, such as Solstice™ MR SRS Immobilization System, Monarch™ Vac-Lok™ Options, and others, in 2020.

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Segmentation by Category

Product

Polymer Based Markers
Metal Based Markers
Pure Gold Markers
Liquid Based Markers

Modality

Photon Therapy
Proton Therapy
Tomotherapy
Cyberknife
Disease Site

Head & Neck
Breast
Lung
Abdomen
Prostate
Kidney
Cervix or Other Gynaecologic Organs

End User

Hospitals
Cancer Research Institutes
Radiotherapy Centers

Region

North America
Latin America
Europe
Middle East and Africa (MEA)
East Asia
South Asia
Oceania

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Important queries related to the Fiducial Markers Market Insights addressed in the report:

Who are the most prominent players in the Fiducial Markers Market Insights?
What are the factors that are likely to hinder the growth of the Fiducial Markers Market Insights during the forecast period (2021-2031)?
Why is the concentration of tier-1 companies high in specific region?
How are the soaring prices of raw materials impacting the demand for Fiducial Markers Market?
Why are Fiducial Markers Market players eyeing opportunities in particular region?

Key Questions Answered in Report

Which are the most lucrative markets for Fiducial Markers Market?
Which factors will impact the growth of the Fiducial Markers Market?
How will changing trends impact the strategies of Fiducial Markers Market players?
How can Fiducial Markers Market players capture the low-hanging opportunities across regions?
Which companies are leading the Keyword industry?
What are the winning strategies of stakeholders in the Fiducial Markers Market?

Benefits of Fact.MR Study

Fact.MR has gradually established itself as one of the leading Fiducial Markers Market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality Fiducial Markers Market reports ensures the reports include relevant Fiducial Markers Market insights. Further, our team of analysts leaves no stone unturned while curating Fiducial Markers Market reports in accord with the requirement of our clients.

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