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At a CAGR 6.3%, Intraoperative Radiation Therapy Market is Expected to Reach over US$ 9.2 Billion by 2031

11-13-2023 05:51 AM CET | Health & Medicine

Press release from: Global Insight Services

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At a CAGR 6.3%, Intraoperative Radiation Therapy Market

The Intraoperative Radiation Therapy (IORT) Market has emerged as a crucial component of cancer treatment, offering a targeted and localized radiation therapy approach during surgery. This market involves the use of high-dose radiation delivered directly to the tumor site during surgery, reducing the risk of damaging surrounding healthy tissues. IORT is particularly relevant in the treatment of various cancers, including breast, colorectal, and pancreatic cancers, providing an effective means of eradicating residual cancer cells post-surgery.

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The market has witnessed notable growth due to the increasing incidence of cancer globally and the demand for more precise and personalized treatment options. Technological advancements in radiation therapy devices, including mobile linear accelerators and electronic brachytherapy systems, contribute to the market's expansion by offering improved convenience and flexibility in delivering intraoperative radiation. As the importance of minimizing treatment durations and optimizing therapeutic outcomes gains prominence in oncology, the Intraoperative Radiation Therapy Market is poised for continued growth and innovation in cancer care.

Key Trends

A key trend in the Intraoperative Radiation Therapy (IORT) Market is the integration of advanced imaging and planning technologies to enhance the precision and customization of intraoperative radiation treatments. The trend involves the incorporation of real-time imaging modalities, such as cone-beam computed tomography (CBCT) and magnetic resonance imaging (MRI), allowing for accurate visualization of the tumor bed during surgery. This enables oncologists to tailor the radiation dose more precisely to the target area, minimizing radiation exposure to healthy tissues. Additionally, the integration of treatment planning software facilitates sophisticated dose calculations and treatment simulations, contributing to improved decision-making during surgery.

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Key Drivers

A key driver propelling the Intraoperative Radiation Therapy (IORT) Market is the growing demand for more precise and targeted cancer treatments, coupled with advancements in technology enhancing the efficiency and accessibility of intraoperative radiation procedures. IORT offers the advantage of delivering focused radiation directly to the tumor bed during surgery, reducing the risk of damage to adjacent healthy tissues and enhancing treatment outcomes. The rising incidence of cancer and the increasing emphasis on personalized and patient-centric approaches in oncology have contributed to the expanded adoption of IORT. Technological innovations in portable linear accelerators and electronic brachytherapy systems, designed for intraoperative use, further drive the market by providing oncologists with more convenient and versatile tools for delivering radiation therapy.

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Market Segmentation : Intraoperative Radiation Therapy Market

Intraoperative Radiation Therapy Market By Product & Service : Products : Systems/Accelerators, Applicators & After Loads, Treatment Planning Systems, Accessories, Services

Intraoperative Radiation Therapy Market By Technology : Electron IORT, Intraoperative Brachytherapy

Intraoperative Radiation Therapy Market By Application : Breast Cancer, Brain Tumor, Gastrointestinal Cancer, Head & Neck Cancer, Colorectal Cancer, Endometrial & Cervical Cancer, Lung Cancer, Others

Intraoperative Radiation Therapy Market By Region : North America : US, Canada, Mexico, Europe : The UK, Germany, France, Italy, Spain, Netherlands, Switzerland, Asia-Pacific : China, India, Japan, South Korea, Australia, Singapore, Indonesia, Rest of Asia-Pacific, Rest of the World : Latin America, Middle East, Africa

Key Players :

ZEISS Group (Germany)
iCAD, Inc. (US)
Eckert & Ziegler (Germany)
Elekta AB (Sweden)
GMV Innovating Solutions (Spain)
Sensus Healthcare, Inc. (US)
IntraOp Medical, Inc. (US)
Isoray, Inc. (US)
Becton, Dickinson and Company (US)
Sordina IORT Technologies (Italy)
Varian Medical Systems, Inc. (US)
SeeDos Ltd. (UK)

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About Global Insight Services :

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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