LONDON--(BUSINESS WIRE)--The global brachytherapy afterloaders market size is poised to reach USD 88.92 million by 2023, according to a new report by Technavio, progressing at a CAGR of 13% during the forecast period.
Read the 111-page research report with TOC on "Brachytherapy Afterloaders Market Analysis Report by Product (HDR afterloaders and PDR afterloaders) and geographical regions (North America, Europe, Asia, and ROW) 2019 - 2023" at https://www.technavio.com/report/brachytherapy-afterloaders-market-industry-analysis?
The market is driven by technological advances in brachytherapy. In addition, the advantages of brachytherapy over surgery and other forms of radiation are anticipated to further boost the brachytherapy afterloaders market during the forecast period.
The quality of brachytherapy treatment has improved significantly with the development of new radioactive sources, advances in three-dimensional imaging modalities, computerized treatment planning systems, and remote afterloading systems. New generation brachytherapy afterloaders have high reliability, maneuverability, precision in treatment delivery, and ease of use. They are compatible with a broader selection of applicators. Vendors are also increasing their R&D efforts to develop brachytherapy afterloaders with various innovative features to provide great workflow efficiency and simplify brachytherapy treatments. Thus, such technological advances are expected to increase the adoption of brachytherapy afterloaders, which, in turn, will drive the growth of market during the forecast period.
Furthermore, advantages such as precise treatment customization, low complication rates and reduced risk of postoperative infections are expected to boost the demand for brachytherapy afterloaders. Moreover, technological advances achieved in imaging modalities such as computed tomography (CT), magnetic resonance imaging (MRI), and transrectal ultrasound (TRUS) are also boosting the growth of the market. Therefore, such factors are expected to not only increase demand but also drive market growth during the forecast period.
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The report includes detailed profiles of the leading companies & prominent vendors of the market:
- Eckert & Ziegler AG
- Elekta AB
- Varian Medical Systems Inc.
Market Segmentation by Category and Product Types:
The Brachytherapy Afterloaders Market can be broadly categorized into the following product segments:
- HDR afterloaders
- PDR afterloaders
Key Regions for the Brachytherapy Afterloaders Market:
Featuring a breakdown of region wise market shares until 2019.
- North America
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report.
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