Press release
Surface Guided Radiation Therapy (SGRT) Devices Market Exclusive Trends Analysis with Forecast to 2034
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 enhance the precision and quality of radiation delivery, thereby improving treatment outcomes. This technology also accelerates the administration of daily treatments, resulting in reduced overall treatment times. By enabling adaptive radiation therapy, SGRT expands the range of clinical applications.
For instance, deep inspiration breath hold (DIBH) techniques in breast cancer treatment significantly minimize the risk of cardiac damage. Additionally, SGRT facilitates respiratory gating, which increases the accuracy and efficacy of radiation therapy for various gastrointestinal and lung cancers. The growing incidence of cancer, coupled with the limitations of existing treatment options, is expected to drive demand for innovative therapeutic devices and solutions. The continuous development of advanced radiotherapy technologies further supports the expansion of this market.
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
Market Dynamics:
Drivers-
The growth of the image-guided radiation therapy market is primarily driven by the rising incidence of cancer and the increasing demand for advanced treatment options. The global burden of cancer, coupled with rapid advancements in disease management and high morbidity and mortality rates, continues to fuel market expansion. Additionally, the enhancement of healthcare infrastructure, government initiatives supporting research and development, and the growing need for more precise and effective cancer therapies contribute significantly to market growth.
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Challenges:
The high cost associated with image-guided radiation therapy and the potential risks, including damage to surrounding healthy tissues near the tumor site, are expected to impede market growth. Furthermore, managing and mitigating treatment-related side effects present ongoing challenges that may affect market development in the near term.
Regional Trends:
The North American Surface Guided Radiation Therapy (SGRT) Devices Market is anticipated to hold a substantial revenue share and exhibit strong growth at a notable CAGR in the coming years. The region's advanced healthcare sector, supported by robust research and development activities and well-established medical infrastructure in countries such as the United States and Canada, underpins this growth. The increasing prevalence of various cancer types in North America is also a key factor driving demand.
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.
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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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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 a 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.https://www.insightaceanalytic.com/images_data/148861653.
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