latest market research report on the global
brachytherapy devices market provides an analysis of the most
important trends expected to impact the market outlook from 2018-2022.
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Technavio has published a new market research report on the global brachytherapy devices market from 2018-2022. (Graphic: Business Wire)
According to Technavio market research analysts, the global
brachytherapy devices market will grow at a CAGR of close to 8%
during the forecast period. The rising incidence of cancer is a
major factor driving the market’s growth.
Cancer leads to a change in the morphology of the human cells, as it
leads to uncontrolled division of cells. There are more than 80 types of
cancers. Cancer has a major impact on the health and well-being of
individuals worldwide. In countries such as the US, in 2016, nearly 1.7
million new cases of cancer were diagnosed, and the most common type of
cancers were pancreatic cancer, leukemia, kidney and renal pelvis
cancer, bladder cancer, melanoma of the skin, colon and rectum cancer,
breast cancer, prostate cancer, lung and bronchus cancer, thyroid
cancer, endometrial cancer, and non-Hodgkin lymphoma. Globally, cancer
is identified as one of the leading causes of death.
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In this report, Technavio highlights the increasing focus on
image-guided brachytherapy as one of the key emerging trends in the
global brachytherapy devices market:
Increasing focus on image-guided brachytherapy
After the inception of brachytherapy, numerous innovations have been
observed in brachytherapy. IGBT is one such significant innovation. IGBT
uses advanced imaging techniques leading to more safe, accurate, and
effective placement of the brachytherapy catheters. Furthermore, IGBT
uses cross-sectional image data and lead to the development of 3D
models, helping clinicians to accurately deliver radiation at the target
site and also reduces the exposure to surrounded healthy tissues.
“Companies such as Varian Medical Systems support IGBT and offers
solutions such as Varian BrachyTherapy Suite from the collaboration
between Varian Medical Systems and Siemens to image and treat in the
same room for brachytherapy procedures. It streamlines the workflow and
avoids patient movement. In addition, it potentially reduces treatment
errors,” says a senior analyst at Technavio for research on orthopedics
and medical devices.
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Global brachytherapy devices market segmentation
This market research report segments the global
brachytherapy devices market into the following applications
(gynecological cancer, prostate cancer, and breast cancer) and key
regions (the Americas, APAC, and EMEA).
The gynecological cancer segment held the largest market share in 2017,
accounting for nearly 45% of the market. Cancers that affect women's
reproductive organs are known as gynecological cancers, which include
cervical cancer, ovarian cancer, uterine cancer, vaginal cancer, and
vulvar cancer. Women are at risk of developing various gynecological
cancers, and the risk increases with age.
The Americas was the leading region for the global brachytherapy devices
market in 2017, accounting for a market share of nearly 48%. By 2022,
APAC and EMEA are expected to witness positive growth in terms of market
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180516006359/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
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