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Global intraoperative radiation therapy market is expected to reach USD 413.90 million by 2028 from USD 246.62 million in 2020, growing at a steady CAGR of 6.7% in the forecast period of 2021 to 2028.
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Key Market Competitors Covered in the Report
IntraOp Medical, Inc. ,
Ariane Medical Systems Ltd,
Varian Medical Systems, Inc., C
arl Zeiss MEDITECAG,
Eckert & Ziegler. ,
Sensus Healthcare
iCAD Inc.,
Elekta AB,
SIT – S.I.T. Sordina IORT Technologies S.p.A.,
REMEDI Co.,Ltd.,
GMV
Brainlab AG and among others.
According to Data Bridge Market Research, the market for intraoperative radiation therapy in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Varian Medical System, which accounts for an estimated market share of approximately 47.25%. The company has gained outstanding sales through its businesses of equipment, services, and automation system and software. The market is witnessing continuous product integration as key players expanding their business.
For instance,
In April 2021, Varian Medical Systems, Inc. signed an agreement with Australia’s Icon Group to provide 30 linear accelerators and associated treatment software to fight the global cancer burden. This will help the company increase access to care across regional and underserviced areas in Australia and Asia.
Trends Impacting the Market
The intraoperative radiation therapy market is becoming more competitive every year with companies such as, Varian Medical Systems, Inc, Carl Zeiss AG, Eckert & Ziegler, which are the market leaders for Intraoperative radiation therapy. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the intraoperative radiation therapy market.
Intraoperative radiotherapy (IORT) is a technique that involves delivery of a high dose of ionizing radiation to the tumor during surgery. It involves the direct visualization of the tumors bed and spaces out normal tissues from the tumors bed that allows maximization of the dose to the tumors while minimizing the dose to normal tissues. Thus, IORT is capable of delivering higher total effective dose to the tumors bed and facilitate dose escalation without significantly increasing normal tissue complications, improving therapeutic ratio.
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In April 2021, Varian Medical Systems, Inc. signed an agreement with Australia’s Icon Group to provide 30 linear accelerators and associated treatment software to fight the global cancer burden. This will help the company increase access to care across regional and underserviced areas in Australia and Asia.
Scope of the Intraoperative radiation therapy Market
By method (into electron IORT, intraoperative brachytherapy, high dose-rate IORT, X-ray IORT, and others.), product (intraoperative radiation therapy devices, intraoperative radiation therapy accessories and software & services) type (portable and benchtop), application (breast cancer, brain tumor, head & neck cancer, soft tissue sarcoma, pediatric tumors, gynecological cancer, genitourinary cancers, upper gastro-intestinal tumors other cancer) end user (hospital, ambulatory surgical centers, specialty center and others) and distribution channel (direct tender and retail sales)
Key Pointers Covered in Intraoperative Radiation Therapy Industry Trends and Forecast to 2028
Market Size
Market Standards and Changes
Market Trials in Different Regions
Market Requirements in Different Regions
Market Shares in Different Regions
Recent Developments for Market Competitors
Recent Market Value for Different regions
Sales Data for Market Competitors
Market Key Vendors and Disruptors Study
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LIST OF FIGURES
FIGURE 1 GLOBAL INTRAOPERATIVE RADIATION THERAPY MARKET : SEGMENTATION
FIGURE 2 GLOBAL INTRAOPERATIVE RADIATION THERAPY MARKET: DATA TRIANGULATION
FIGURE 3 GLOBAL INTRAOPERATIVE RADIATION THERAPY MARKET : DROC ANALYSIS
FIGURE 4 GLOBAL INTRAOPERATIVE RADIATION THERAPY MARKET: GLOBAL VS REGIONAL MARKET ANALYSIS
FIGURE 5 GLOBAL INTRAOPERATIVE RADIATION THERAPY MARKET : COMPANY RESEARCH ANALYSIS
FIGURE 6 GLOBAL INTRAOPERATIVE RADIATION THERAPY MARKET: INTERVIEW DEMOGRAPHICS
FIGURE 10 GLOBAL INTRAOPERATIVE RADIATION THERAPY MARKET: SEGMENTATION
FIGURE 11 NORTH AMERICA IS EXPECTED TO DOMINATE THE GLOBAL INTRAOPERATIVE RADIATION THERAPY MARKET AND EUROPE IS EXPECTED TO GROW WITH THE HIGHEST CAGR IN THE FORECAST PERIOD OF 2021 TO 2028
Continued…
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Global Intraoperative Radiation Therapy Market: Country Level Analysis
Global intraoperative radiation therapy market is analyzed and market size information is provided by region, product, type, method, end user, distribution channel, and application.
Countries covered in the global Intraoperative radiation therapy market report are the U.S., Canada, Mexico, Germany, France, the UK, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand. Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, and Rest of Middle East and Africa.
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