Internal Radiation Therapy Market Key Highlights:
- Market Size (2024): USD 1,200 Million
- Projected Market Size (2034): USD 2,210 Million
- CAGR (2024-2034): 6.3%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Internal Radiation Therapy Market Definition
The internal radiation therapy market refers to a type of radiation therapy in which a radioactive substance is sealed inside materials that can be implanted in various pellets, seeds, ribbons, wires, needles, and capsules and placed inside the body, directly into or near a tumor or within a body cavity. Internal radiation therapy is often used to treat cancers of the head and neck, breast, cervix, prostate, and eye. The growth of the radiotherapy market is driven by several factors, such as rising cancer incidence, technological advancements, increasing awareness about the benefits of radiotherapy, rising healthcare expenditure, and growing use of particle therapy for cancer treatment.
The fast-growing market also faces some restraints that can hinder its growth, which include expensive equipment, high cost of instruments and therapy, side effects, and lack of trained technicians in developing countries. Also, concerns over potential radiation side effects restrict patient acceptance. Despite this, developing economies of the world, like India and China, hold immense market potential for radiation therapy as there is an acute shortage of radiation therapy centers in the Asia Pacific region. As a result, there is substantial scope for growth in emerging economies for players in the internal radiation therapy market.
Internal Radiation Therapy Market Segmentation:
By Product Type
- Seeds
- Applicators and Afterloaders
- Electronic Internal Radiation Therapy
By Dosage Type
- HDR Internal Radiation Therapy
- LDR Internal Radiation Therapy
By Application
- Prostate Cancer
- Gynaecological Cancer
- Breast Cancer
- Other Applications
Internal Radiation Therapy Market Companies:
- Eckert & ZieglerVarian Medical Systems Inc.
- IsoRay Medical Inc.
- Elekta AB
- Theragenics Corporation
- Becton, Dickinson and Company
- CIVCO Medical Solutions
- Sun Nuclear Corporation
- ICAD Inc.
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