MarkNtel Advisors recently published a detailed industry analysis of the Global Brachytherapy Devices Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Brachytherapy Devices Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2029

The Brachytherapy Devices Market is projected to grow at a CAGR of around 7.0% during the forecast period, i.e., 2024-2029.

Key Findings in Global Brachytherapy Devices Market:

• Historical Analysis: 2019–2022
• Base Year: 2023
• Forecast Period: 2024–2029

Leading Market Players- Varian Medical Systems, Inc., iCAD Inc., Eckert & Ziegler Medical, Merit Medical Systems, Elekta AB, Isoray Inc, Theragenics Corporation, Cook Medical, Becton, Dickinson and Company, Sun Nuclear Corporation, CIVCO Medical Solutions, Siemens Healthcare Pvt. Ltd., IsoAid, AngioDynamics, SeeDOS Ltd., and Other

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Global Brachytherapy Devices Market?

Rising Burden of Geriatric Population to Drive the Demand for Brachytherapy – The growing geriatric population globally is much more sensitive to carcinogenic agents, which has been leading to a significant rise in cancer prevalence in the geriatric population. There are various changes in the old-age population that have been responsible for the high rate of cancer like cellular damage, DNA damage, & weakened immune response among others.

Furthermore, the older population is also highly sensitive to the therapies that have been used for cancer treatment, as their tolerance is lower in comparison to the younger population. Hence, these patients have been observed to prefer therapies with lower side effects, and targeted effects, among which brachytherapy is one. Consequently, the growing geriatric population and rising cases of cancer among them have been positively affecting the demand for brachytherapy devices across the globe.

As per World Health Organization, the geriatric population in 2020 was around 1 billion, which would be doubled to 2.1 billion by the end of 2050. Hence, as the life expectancy of the consumers is increasing, which would uplift the geriatric population, and enhance the prevalence of cancer as well across the world. Therefore, this would drive the growth of the Global Brachytherapy Devices Market in the upcoming years.

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What segments define the Global Brachytherapy Devices Market from 2024 to 2029? How do these segments contribute to market dynamics and growth?

By Product Type

• Seeds- Market Size & Forecast 2019-2029, USD Million
• Applicators & Afterloaders- Market Size & Forecast 2019-2029, USD Million
• Imaging systems- Market Size & Forecast 2019-2029, USD Million
• Others (Needles, Miniaturized X-Ray Source, etc.)- Market Size & Forecast 2019-2029, USD Million

According to report, Brachytherapy applicators have dominated the market through advancements in applicator design, and a focus on delivering precise and targeted radiation therapy to enhance patient outcomes.

By Technique

• Low Dose Rate (LDR)- Market Size & Forecast 2019-2029, USD Million
• High Dose Rate (HDR)- Market Size & Forecast 2019-2029, USD Million
• Pulse Dose Rate (PDR)- Market Size & Forecast 2019-2029, USD Million

According to report, HDR (High-Dose Rate) Brachytherapy has been dominating the market in the past few years and is expected to emerge as a top performer in the market in the coming years as well

By Application

• Prostate Cancer- Market Size & Forecast 2019-2029, USD Million
• Gynecological Cancer- Market Size & Forecast 2019-2029, USD Million
• Breast Cancer- Market Size & Forecast 2019-2029, USD Million
• Others (Skin Cancer, Esophageal Cancer, etc.,)- Market Size & Forecast 2019-2029, USD Million

By End-user

• Hospitals- Market Size & Forecast 2019-2029, USD Million
• Cancer Treatment Centers- Market Size & Forecast 2019-2029, USD Million
• Others (Specialty Clinics, Ambulatory Surgical Centers, etc.) - Market Size & Forecast 2019-2029, USD Million

Explore the Complete Global Brachytherapy Devices Market Analysis Report – https://www.marknteladvisors.com/research-library/brachytherapy-devices-market.html

Geographical Analysis: Global Brachytherapy Devices Market

 By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

  Global Brachytherapy Devices Market Recent Development:

• 2022: Varian, launched BRAVOS® and GammaMedplus™ iX brachytherapy after loaders, along with a wide range of applicators and brachytherapy treatment planning software tools. It was in line to enhance its product portfolio in the brachytherapy segment.
• 2022: iCAD Inc., announced the successful results of a clinical trial of treatment of recurrent glioblastoma (GBM), under which additional patients have been treated. They also announced that these results expanded the usage of their Xoft® Electronic Brachytherapy (eBx®) System® by customers across the globe.

Key Questions Addressed in This Study

·        What are the primary factors driving the growth of the Global Brachytherapy Devices Market?

·        How is the Global Brachytherapy Devices Market expected to evolve over the next five years?

·        What key insights can be drawn from current trends shaping the market?

·        What is the current market size, and how is it forecasted to change in the coming years?

·        What is the future outlook for the market in terms of technological innovation and geographic expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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