Global Brachytherapy Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: June 1, 2021 |

The global brachytherapy market size is expected to grow at a significant CAGR of 7% during the forecast period from 2021 to 2027 and was valued at around USD 800 million in 2020. The increasing number of cancer cases around the world is a primary factor to drive the market growth. As per latest citing by International Agency for Research on Cancer (IARC), the number of cancer patients is expected to reach at around 24.6 million by 2030 and it is estimated that around 19.3 million new cases are diagnosed as cancer cases in 2020 and 10 million deaths recorded in 2020.

Moreover, the technological advancement and the rising adoption of brachytherapy in developed economies is further expected to fuel the market growth in near future years. The wide use of this therapy to treat prostate, gynecological, and breast cancer is projected to boost the market. However, the lack of skilled professionals and low access to advances products is expected to hinder the market over the forecast period.

Market Segment Insights:

The global brachytherapy market is bifurcated into product, dosage type, application, and geography. On the basis of product, the market is further segmented into seeds, applicators & afterloaders, and electronic brachytherapy. The seed segment is accounted to hold the largest market share in 2020 around one-third of the market share in terms of revenue. On the other hand, the electronic brachytherapy segment is anticipated to register the fastest growth rate over the forecast period due to benefits associated with it such as low dose radiation, minimal exposure, and no radioactive wastage.

Brachytherapy Market Size & Forecast

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By application, the market is classified into prostate, gynecological, breast, and other cancers. The prostate cancer segment dominated the global brachytherapy market in 2020 and accounted to hold a major market share around one-third of the market share. in contrast, the breast cancer segment is accounted to grow at the fastest growth rate over the forecast period due to the increasing cases of the breast cancer around the world. According to WCRF, 2,088,849 cancer cases were found as breast cancer globally in 2018.

The brachytherapy comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The brachytherapy market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Brachytherapy Market Segmentation:

By Product:

  • Seeds
  • Applicators & Afterloaders
  • Electronic Brachytherapy

By Dosage Type:

  • HDR Brachytherapy
  • LDR Brachytherapy

By Application:

  • Prostate Cancer
  • Gynecological Cancer
  • Breast Cancer
  • Others

By Region:

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

Geographic Coverage:

Geographically, North America dominated the global brachytherapy market in 2020 and accounted to hold the largest market share around half of the market share in terms of revenue. The early adoption of new technologies and a well structured healthcare infrastructure are some major factors to drive the market growth in the region. In contrast, the Asia Pacific is accounted to hold the fastest growth rate over the forecast period due to increasing number of cancer cases coupled with the largest population area across the globe.

Market Competition Assessment:

Some of the major players operating in the global brachytherapy market are Varian Medical Systems, Inc., Dickinson & Company, Elekta AB, Becton, and Isoray Medical, Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Varian Medical Systems, Inc.
  • Dickinson & Company
  • Elekta AB
  • Becton
  • Isoray Medical, Inc.
  • CIVCO Medical Solutions
  • Eckert & Ziegler BEBIG
  • Theragenics Corporation
  • iCAD, Inc.
  • Isoray Medical, Inc.

Key Questions Answered by Brachytherapy Market Report:

  • Global brachytherapy market forecasts from 2021-2027
  • Regional brachytherapy market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Brachytherapy submarket forecasts from 2021-2027 covering the market by product, by dosage type, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to brachytherapy market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level brachytherapy markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the brachytherapy market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Brachytherapy Market Portraiture
2.2. Global Brachytherapy Market, by Product, 2020 (USD Mn)
2.3. Global Brachytherapy Market, by Dosage Type, 2020 (USD Mn)
2.4. Global Brachytherapy Market, by Application, 2020 (USD Mn)
2.5. Global Brachytherapy Market, by Geography, 2020 (USD Mn)

 

3. Global Brachytherapy Market Analysis


3.1. Brachytherapy Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis
3.6.1. V Shaped Recovery
3.6.2. U Shaped Recovery
3.6.3. L Shaped Recovery
3.6.4. W Shaped Recovery

 

4. Global Brachytherapy Market By Product, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Seeds
4.3. Applicators & Afterloaders
4.4. Electronic Brachytherapy

 

5. Global Brachytherapy Market By Dosage Type, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. HDR Brachytherapy
5.3. LDR Brachytherapy

 

6. Global Brachytherapy Market By Application, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Prostate Cancer
6.3. Gynecological Cancer
6.4. Breast Cancer
6.5. Others

 

7. North America Brachytherapy Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. North America Brachytherapy Market by Product (2018-2027 USD Mn)
7.1.3. North America Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
7.1.4. North America Brachytherapy Market by Application (2018-2027 USD Mn)
7.1.5. North America Brachytherapy Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Brachytherapy Market by Product (2018-2027 USD Mn)
7.1.5.1.2. U.S. Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
7.1.5.1.3. U.S. Brachytherapy Market by Application (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Brachytherapy Market by Product (2018-2027 USD Mn)
7.1.5.2.2. Canada Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
7.1.5.2.3. Canada Brachytherapy Market by Application (2018-2027 USD Mn)

 

8. Europe Brachytherapy Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Europe Brachytherapy Market by Product (2018-2027 USD Mn)
8.1.3. Europe Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
8.1.4. Europe Brachytherapy Market by Application (2018-2027 USD Mn)
8.1.5. Europe Brachytherapy Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Brachytherapy Market by Product (2018-2027 USD Mn)
8.1.5.1.2. Germany Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
8.1.5.1.3. Germany Brachytherapy Market by Application (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Brachytherapy Market by Product (2018-2027 USD Mn)
8.1.5.2.2. U.K. Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
8.1.5.2.3. U.K. Brachytherapy Market by Application (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Brachytherapy Market by Product (2018-2027 USD Mn)
8.1.5.3.2. France Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
8.1.5.3.3. France Brachytherapy Market by Application (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Brachytherapy Market by Product (2018-2027 USD Mn)
8.1.5.4.2. Italy Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
8.1.5.4.3. Italy Brachytherapy Market by Application (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Brachytherapy Market by Product (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Brachytherapy Market by Application (2018-2027 USD Mn)

 

9. Asia Pacific Brachytherapy Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Asia Pacific Brachytherapy Market by Product (2018-2027 USD Mn)
9.1.3. Asia Pacific Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
9.1.4. Asia Pacific Brachytherapy Market by Application (2018-2027 USD Mn)
9.1.5. Asia Pacific Brachytherapy Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Brachytherapy Market by Product (2018-2027 USD Mn)
9.1.5.1.2. China Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
9.1.5.1.3. China Brachytherapy Market by Application (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Brachytherapy Market by Product (2018-2027 USD Mn)
9.1.5.2.2. Japan Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
9.1.5.2.3. Japan Brachytherapy Market by Application (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Brachytherapy Market by Product (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Brachytherapy Market by Application (2018-2027 USD Mn)

 

10. Latin America (LATAM) Brachytherapy Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Latin America Brachytherapy Market by Product (2018-2027 USD Mn)
10.1.3. Latin America Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
10.1.4. Latin America Brachytherapy Market by Application (2018-2027 USD Mn)
10.1.5. Latin America Brachytherapy Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Brachytherapy Market by Product (2018-2027 USD Mn)
10.1.5.1.2. Brazil Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
10.1.5.1.3. Brazil Brachytherapy Market by Application (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Brachytherapy Market by Product (2018-2027 USD Mn)
10.1.5.2.2. Mexico Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
10.1.5.2.3. Mexico Brachytherapy Market by Application (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Brachytherapy Market by Product (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Brachytherapy Market by Application (2018-2027 USD Mn)

 

11. Middle East and Africa Brachytherapy Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. MEA Brachytherapy Market by Product (2018-2027 USD Mn)
11.1.3. MEA Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
11.1.4. MEA Brachytherapy Market by Application (2018-2027 USD Mn)
11.1.5. Middle East and Africa Brachytherapy Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Brachytherapy Market by Product (2018-2027 USD Mn)
11.1.5.1.2. GCC Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
11.1.5.1.3. GCC Brachytherapy Market by Application (2018-2027 USD Mn)
11.1.5.2. Rest of MEA
11.1.5.2.1. Rest of MEA Brachytherapy Market by Product (2018-2027 USD Mn)
11.1.5.2.2. Rest of MEA Brachytherapy Market by Dosage Type (2018-2027 USD Mn)
11.1.5.2.3. Rest of MEA Brachytherapy Market by Application (2018-2027 USD Mn)

 

12. Company Profiles


12.1. Varian Medical Systems, Inc.
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Dickinson & Company
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. Elekta AB
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Becton
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Isoray Medical, Inc.
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. CIVCO Medical Solutions
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Eckert & Ziegler BEBIG
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Theragenics Corporation
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. iCAD, Inc.
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Isoray Medical, Inc.
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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