According to IMARC Group latest report titled” Brachytherapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global brachytherapy market share to exhibit moderate growth during the next five years.

Market Trends:

Brachytherapy, or internal radiation, is a type of radiation therapy that effectively treats various types of cancer, including cervical, breast, and skin. It involves the placement of a radioactive material inside the body, thereby eliminating cancerous cells. As compared to conventional radiotherapies, brachytherapy enables doctors to provide high radiation doses to a more specific area. This results in shorter treatment time and fewer side effects of radiation while decreasing the risk of damage to healthy tissues and organs surrounding the tumor.

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One of the major factors driving the global brachytherapy market is the increasing prevalence of different types of cancer. Furthermore, the availability of high-quality brachytherapy equipment that provides accurate and highly localized doses of radiation to small tumors is supporting the market growth. Numerous advancements in oncology treatments and robust research and development (R&D) activities are acting as other major growth-inducing factors. In addition to this, increasing awareness about the benefits of brachytherapy, its cost-effectiveness and the better cure rate, is creating a positive outlook for the market.

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Acusis
  • Transcend Services
  • Naunce Communications
  • MModal
  • iMedX Information Services
  • Global Medical Transcription
  • nThrive
  • MTBC
  • Medi-Script Plus
  • Transtech Medical Solutions

Brachytherapy Market Segmentation:

Our report has categorized the market based on Region, Service Type, Technology, Mode of Procurement and End User.

Market Breakup by Service Type:

  • History and Physical Report
  • Discharge Summary
  • Operative Note or Report
  • Consultation Report
  • Others (Pathology Report, Radiology Report, etc.)

Market Breakup by Technology:

  • PACS
  • RIS
  • SRT
  • Others

Market Breakup by Mode of Procurement:

  • Outsourcing
  • Offshoring
  • Both

Market Breakup by End User:

  • Hospitals
  • Clinics
  • Clinical Laboratories
  • Academic Medical Centers
  • Others

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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