Press release
Brachytherapy Devices Market is Projected to Grow at an 8.3% CAGR, Reaching US$ 2,148.3 Million by 2035 | Fact.MR Report
Brachytherapy Devices Market
Since cancer remains a leading cause of death worldwide, doctors are increasingly looking to localized and high-precision radiation therapy. Brachytherapy can potentially administer high doses of radiation directly to tumors while minimizing healthy tissues in the immediate vicinity. It is becoming popular in many types of cancer, most significantly prostate, cervical, breast, and skin cancers. The trend toward organ-sparing treatment techniques is also fueling demand.
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Country-Wise Analysis
The USA brachytherapy devices market is expected to grow at 7.9% CAGR between the study periods. As the world leader in cancer care innovations, the USA continues to invest heavily in pioneering therapeutic modalities like brachytherapy.
The UK brachytherapy equipment market will rise at 6.8% CAGR between the forecast years. A well-developed infrastructure for cancer care and growing cases of cancer are key drivers for brachytherapy demand within the UK. The healthcare segment, dominated by the NHS, is showing ever-greater enthusiasm for shorter treatments and better outcomes-clinical goals that have much to favor them with the benefits of brachytherapy. Prostate and gynecological cancer localized treatments have seen increased adoption of brachytherapy solutions.
Germany's market for brachytherapy devices is expected to grow at 6.6% CAGR during the period of study. Germany's leadership in technology regarding device adoption and its cancer research are creating the ideal environment to promote brachytherapy.
The South Korean brachytherapy devices market is expected to register 5.9% CAGR during the study period. Greater focus on early cancer detection, coupled with the technologically equipped healthcare infrastructure, is benefiting the growth of brachytherapy products.
Segment-wise Analysis
By Product Type
The brachytherapy equipment industry is product-type segmented into Brachytherapy Afterloaders and Brachytherapy Applicators, both of which play a vital role in delivering internal radiation therapy. In 2025, Brachytherapy Applicators will account for 52% of the share, with brachytherapy afterloaders predicted to take 48%.
By Dose Rate
The market segmentation of the brachytherapy devices market is High Dose Rate (HDR) and Low Dose Rate (LDR) brachytherapy systems according to the following classifications of dose rates. A patient receives a measurement of the intensity and duration of radiation. HDR is expected to have a share of 58% in 2025 and LDR will have a share of 28%.
Competitive Outlook
The market of brachytherapy devices still needs to be navigated by and is intensely dominated by a very few top manufacturers committed to innovation in treating cancer, such as prostate, breast, gynecological, and skin cancer.
After 2024, there is stiff competition among key players in the brachytherapy devices market, including Varian Medical Systems, Elekta AB, Boston Scientific Corporation, C.R. Bard (BD), and Eckert & Ziegler, all of which continue to make further inroads with advanced radiation delivery systems, well-established clinical networks, and emerging therapy portfolios.
Varian Medical Systems, a Siemens Healthineers company, stays ahead with the delivery of a complete line of high-dose-rate (HDR) and low-dose rate (LDR) brachytherapy systems, the go-to option for cancer centers across the globe.
Elekta AB has lengthened its Oncentra and Flexitron platforms for enhancing usability as well as treatment planning functionality and hence gaining additional institutional contracts within Europe and Asia. Boston Scientific, significantly more of a diversified medical device contender, retains a respectable presence within gynecological and prostate brachytherapy systems backed by physician training programs.
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Key Players
Boston Scientific Corporation
C.R. Bard, Inc.
CIVCO Medical Instruments Co. Inc.
Cook Medical
Eckert & Ziegler
BEBIG
Elekta AB
Theragenics Corporation
Varian Medical Systems, Inc.
iCAD Inc.
Segmentation
By Product Type:
Brachytherapy Afterloaders
Brachytherapy Applicators
Intercavitary Applicators
Interstitial Applicators
Others
By Dose Rate:
High Dose Rate (HDR) Brachytherapy
Low Dose Rate (LDR) Brachytherapy
Pulse Dose Rate (PDR) Brachytherapy
Others
By Indication:
Prostate Cancer
Breast Cancer
Cervical Cancer
Skin Cancer
Others
By End-user:
Hospitals
Cancer Treatment Centres
Others
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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