Global Brachytherapy Devices Market projected to grow 2.88% annually through 2019 forecasts new report
Fast Market Research announces the availability of Technavio's new report "Global Brachytherapy Devices Market 2015-2019" on their comprehensive research portal.
Radiation therapy uses ionizing radiation to treat cancer. It comprises internal radiation therapy (brachytherapy) and external radiation therapy. In brachytherapy, radioactive material is placed near or next to the tumor. It uses higher doses of radiation to treat a small area. It is suitable for smaller and early-stage tumours, and is used in the treatment of various cancers, including gynaecological and prostate cancer. Brachytherapy can also be combined with other radiation therapies to treat cancer. The radioactive materials used for brachytherapy include: cesium, gold, iodine, iridium, and palladium.
Technavio’s analysts forecast the global brachytherapy devices market to grow at a CAGR of 2.88% during the period 2014-2019.
Get More Details on this Report and a Full Table of Contents at Global Brachytherapy Devices Market 2015-2019
Commenting on the report, an analyst from Technavio’s team said: “The introduction of less-invasive technologies such as electronic brachytherapy resulted in the market launch of new technologies. New image-guided technologies help in accurate and feasible treatment of complex tumors.”
According to the report, the rise in cancer patients is propelling the market growth. The demand for brachytherapy devices is likely to increase in developing countries as the equipment is less expensive than external beam radiation therapy.
Further, the report states that many men are aware of prostate cancer and are evaluating their options carefully before undergoing treatment procedures. Surgeries are more effective in treating prostate cancer without causing the painful side effects of chemotherapy and radiation therapy.
The key players in the Global Brachytherapy Devices Market are C.R. Bard Inc., Eckert & Ziegler BEBIG SA, Elekta AB, Theragenics Corp. and Varian Medical Systems Inc. while other prominent vendors include Boston Scientific, CIVCO Medical Instruments, CONMED, Cook Medical, Gammex, GE Healthcare, Huiheng Medical, IsoRay Medical and Olympus
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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