Technavio’s 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 share.
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version on businesswire.com: https://www.businesswire.com/news/home/20180516006359/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
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