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Surface Guided Radiation Therapy (SGRT) Devices Market Key Players Analysis - Vision RT Ltd, Varian Medical Systems, Inc., C-Rad AB, Surface Imaging Solutions Limited.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Surface Guided Radiation Therapy (SGRT) Devices Market Size, Share & Trends Analysis Report By Device Type (Portable v/s Fixed), By Application (Breast Cancer, Head & Neck Cancer, Abdominal & Pelvic Cancer, Dermatology, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Others)- Market Outlook And Industry Analysis 2034"The global surface-guided radiation therapy (SGRT) devices market is estimated to exhibit a CAGR of 8.7% during the forecast period.
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Surface-guided radiation therapy (SGRT) devices play a critical role in enhancing the precision and effectiveness of radiation delivery. By improving treatment accuracy, these technologies contribute to shorter treatment times and increased efficiency in daily clinical workflows. The adaptive nature of SGRT expands the scope of applicable treatment options, enabling more personalized care. One notable application, deep inspiration breath hold (DIBH) in breast cancer therapy, significantly reduces the risk of cardiac exposure. SGRT also facilitates respiratory gating, which enhances targeting accuracy in the treatment of various gastrointestinal and pulmonary malignancies.
The growing global burden of cancer and the limitations of existing therapeutic options are expected to create demand for innovative treatment technologies and pharmaceuticals. Continuous advancements in radiotherapy technologies are further propelling the expansion of the SGRT devices market.
Additionally, the increasing preference for non-invasive treatment modalities and the broader acceptance of advanced radiotherapy systems are anticipated to support sustained growth in the global SGRT market over the forecast period.
List of Prominent Players in the Surface Guided Radiation Therapy (SGRT) Devices Market:
• Vision RT Ltd
• Varian Medical Systems, Inc.
• C-Rad AB
• Surface Imaging Solutions Limited
• Civco Medical Instruments Co Inc. (MEDTECH, Inc.)
• Elekta AB
• BrainLab AG
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Market Dynamics
Drivers:
The image-guided radiation therapy (IGRT) market is primarily driven by the increasing global prevalence of cancer and the rising demand for advanced therapeutic modalities. The growing incidence of malignancies, coupled with rapid advancements in oncology treatment technologies and persistently high morbidity and mortality rates, are fueling market expansion. Additionally, increased government funding for research and development, improvements in healthcare infrastructure, and heightened demand for precise cancer treatment solutions are contributing to the growth of the IGRT market. The widespread adoption of IGRT in both pre-treatment planning and active treatment phases enhances radiotherapy accuracy, while the growing number of clinical trials and innovation in sophisticated treatment options further support market development.
Challenges:
Despite its benefits, the IGRT market faces certain obstacles, primarily the high cost associated with treatment and the potential risks involved, such as collateral damage to surrounding healthy tissues adjacent to the tumor site. These factors are expected to restrain market growth. Furthermore, ongoing challenges in mitigating treatment-related side effects may continue to pose difficulties in broader adoption over the forecast period.
Regional Trends:
North America is anticipated to hold a substantial share of the global surface-guided radiation therapy (SGRT) devices market and is projected to register a strong compound annual growth rate (CAGR) in the coming years. The region's leadership can be attributed to a well-developed healthcare infrastructure, strong research capabilities, and supportive regulatory frameworks in key countries such as the United States and Canada. The increasing incidence of various cancer types in this region is also a significant growth driver. New market entrants have opportunities to invest in the development of advanced medical technologies aimed at delivering more efficient and effective diagnostic and treatment solutions to meet the growing patient demand.
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Recent Developments:
• In June 2021, C-RAD expanded its presence in India by creating an office in Delhi. This was done in order to address the increasing demand for its positioning products throughout South Asia.
Segmentation of Surface Guided Radiation Therapy (SGRT) Devices Market-
By Device Type-
• Portable
• Fixed
By Application-
• Breast Cancer
• Head & Neck Cancer
• Abdominal & Pelvic Cancer
• Dermatology
• Others
By End User-
• Hospitals & Clinics
• Diagnostic Centers
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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