Brachytherapy Market Segments, Opportunity, Growth, Industry Trends and Forecast 2022-2027

According to the latest report by IMARC Group, titled "Brachytherapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on brachytherapy market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global brachytherapy market reached a value of US$ 785 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,033.9 Million by 2027, exhibiting a CAGR of 5.2% during 2022-2027.

Brachytherapy is a radiation therapy that includes the insertion of radioactive material inside the body that is utilized for treating localized tumors inside the body. Radiation therapy involves inserting radioactive materials into the body with the help of catheters with the aim of to treat treating cancerous cells in a minimally invasive manner. Treatments using the brachytherapy method can be prophylactic, palliative, or curative. Depending on the cancer stage, it can serve as either a monotherapy or as an adjuvant with surgery or chemotherapy.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.
• Acusis
• Transcend Services
• Naunce Communications
• MModal
• iMedX Information Services
• Global Medical Transcription
• nThrive
• MTBC
• Medi-Script Plus
• Transtech Medical Solutions

Brachytherapy Market Segmentation:

Our report has categorized the market based on region, service type, technology, mode of procurement and end user.

Market Breakup by Service Type:
• History and Physical Report
• Discharge Summary
• Operative Note or Report
• Consultation Report
• Others (Pathology Report, Radiology Report, etc.)

Market Breakup by Technology:
• EMR/EHR
• PACS
• RIS
• SRT
• Others

Market Breakup by Mode of Procurement:
• Outsourcing
• Offshoring
• Both

Market Breakup by End User:
• Hospitals
• Clinics
• Clinical Laboratories
• Academic Medical Centers
• Others

Market Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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