Fact.MR – A Market Research and Competitive Intelligence Provider: According to the latest Fact.MR analysis, the global single dose radiotherapy market is expected to grow significantly during the forecast period, 2020-2030.
Multi-Specialty Hospitals to Hold the Demand Pie in the Global Single Dose Radiotherapy Market
Fact.MR’s latest report on single dose radiotherapy market offers unbiased industry analysis for the period between 2020 and 2030. The study divulges exclusive information about existing opportunities and emerging trends across leading segments in terms of indication, therapy and end user. It also highlights various strategies employed by key manufacturers to gain edge in the market.
Fact.MR – A Market Research and Competitive Intelligence Provider: According to the latest Fact.MR analysis, the global single dose radiotherapy market is expected to grow significantly during the forecast period, 2020-2030. The rising global prevalence of breast cancer is the most significant driver for the market.
Another factor driving the single dose radiotherapy market is the therapy’s cost effectiveness, since there would be no need for several treatments. Increased therapy uptake due to reduced adverse effects after radiation therapy to also drive market growth. Studies claiming that single-dose radiotherapy is as effective as traditional therapy in breast cancer patients will raise public awareness, propelling the market forward.
Additionally, technical advances in therapeutic equipment to improve precision and efficacy will boost the global single dose radiotherapy market forward.
Due to rising number of breast cancer cases around the world, the global single dose radiation therapy market is expected to rise rapidly. According to a WHO estimate, breast cancer is the most frequent cancer in women, affecting over 2.1 million people each year.
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The COVID-19 pandemic has had repercussions across the board, especially in the healthcare industry. The implications on the global single dose radiation market include delays in therapy operations, equipment procurement delays due to a congested supply chain, and manpower shortages, among other things. COVID-19’s load on hospitals could have a variety of consequences, such as diverting cash and personnel to COVID patients, which could have an impact on the global market.
External beam radiotherapy is predicted to increase steadily in the worldwide single dose radiotherapy market, based on the therapy type segment. This is because it is the most exact and accurate in terms of tumor targeting, with a lower risk of radiation exposure. Furthermore, this has resulted in growth of External beam radiotherapy market in the coming years.
Due to high prevalence of prostate (73.7 per 100,000 people) and breast cancer in the region, North America is expected to dominate the global single dose radiation therapy market.
Key Takeaways from Single Dose Radiotherapy Market Survey
- External beam radiotherapy is expected to dominate the therapy type in the global market due to precise tumor targeting.
- Multi-specialty hospitals is anticipated to be the most lucrative segment in the end-use on the back of increased equipment installations & patient preference.
- North America to dominate the regional segment with rising prevalence of prostate and breast cancer.
Key Drivers
- Increasing prevalence of breast cancer all over the world to result in rising demand for single dose radiotherapy.
- Technological advancements in medical device industry is expected to propel the global demand for single dose radiation therapy market.
Key Restraints
- Shortage of skilled work force to operate the single dose radiotherapy in the developing world can be a restraint for the growth of the market
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Competitive Landscape
Some of the prominent players operating in the single dose radiotherapy market profiled by Fact.MR are:
- Varian Medical Systems
- Accuray
- Elekta
- Ion Beam Applications
- IsoRay Medical
- ViewRay
- Hitachi
- Provision Healthcare
More Insights on the Single Dose Radiotherapy Sales Outlook
Fact.MR provides an unbiased analysis of single dose radiotherapy market, presenting forecast statistics for the period from 2020-2030. The study divulges compelling insights on the global demand for single dose radiotherapy with a detailed segmentation on the basis of:
By Indication:
- Breast Cancer
- Prostate Cancer
- Others
By Therapy:
- External Beam Radiotherapy
- Internal Beam Radiotherapy/Brachytherapy
By End User:
- Multi-specialty Hospital
- Cancer Clinics
By Region
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Europe (Germany, U.K, France, Italy, Spain)
- South Asia (India, ASEAN Countries)
- East Asia (Japan, China & South Korea)
- Oceania (Australia & New Zealand)
- Middle East and Africa (GCC Countries, South Africa, Northern Africa)
Key Questions Covered in the Single dose radiotherapyMarket Outlook Report
- The report offers insight into single dose radiotherapy demand outlook for 2020-2030
- The market study also highlights projected sales growth for single dose radiotherapy market between 2020 and 2030
- Single dose radiotherapy market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
- Single dose radiotherapy market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others
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