Global superficial radiation therapy systems market size to garner substantial returns through 2025

The latest research report on ‘global superficial radiation therapy systems market’ evaluates this industry vertical in terms of the revenue and volume, considering the historical data from 2015-2019 and forecast period as 2020-2025.

The latest research report on ‘global superficial radiation therapy systems market’ evaluates this industry vertical in terms of the revenue and volume, considering the historical data from 2015-2019 and forecast period as 2020-2025. It underlines the factors positively or negatively impacting the market dynamics, as well as the opportunities which are bound to turn in strong profits in the upcoming years.

According to industry experts, growing prevalence of skin cancer is the primary factor driving the global superficial radiation therapy systems industry growth. In fact, non-melanoma skin cancer is the 5th most commonly occurring cancer in men and women, accounting for over one million diagnoses globally in 2018, as claimed by the American Institute for Cancer Research.

Proceeding further, the research document offers a broad understanding of the industry ecosystem across the various geographies, highlighting the major contributors from North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. It further segments the market in terms of product type, end-user spectrum, and application scope, and extends through an individual assessment of the same. Moreover, it profiles leading players with respect to their product/service portfolio, financial overview, and key developments like partnerships, mergers, and investments.

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For the uninitiated, superficial radiation therapy systems are utilized in treating patients with non-melanoma skin types, wherein only the abnormal skin cells are exposed to radiation and only the affected area is treated. These systems facilitate safe exposure to radiation that penetrates only 5 millimeters below the skin to destroy the cancerous cells. Moreover, benefits like painless surgery, elimination of post-surgery risks, complications, and infections are strengthening the product demand.

Rising inclination towards non-invasive procedures is further adding momentum to global superficial radiation therapy systems market expansion. Besides, continuous R&D activities in this field are likely to present new growth opportunities in the forthcoming years.

Market segmentation overview:

Worldwide superficial radiation therapy systems market, based on the product type, is categorized into software and hardware. Considering the end-user spectrum, the industry is split into hospitals, ambulatory surgical centers, dermatology centers, and cancer research institute. Speaking of the application scope, the industry is fragmented into keloid scars, Bowen disease, basal cell carcinoma, squamous cell carcinoma, cutaneous T-cell lymphoma, Kaposi sarcoma, and soft tissue metastases.

Regional outlook:

North America, Latin America, Asia Pacific, Europe, and Middle East & Africa are the key contributors to overall superficial radiation therapy systems market remuneration. Industry experts claim that North America will emerge as a major revenue generator for the industry over the forecast duration, mainly due to the burgeoning cases of skin cancer in the region. Over 9,500 individuals in the United States are diagnosed with skin cancer each day, while two deaths from the disease are reported every hour, as cited by the Skin Cancer Foundation. Apart from this, other factors like presence of well-established healthcare infrastructure and high medical expenditure are complementing the regional market growth.

To access a sample pages of this report titled “Global Superficial Radiation Therapy Systems Market Analysis, 2020” in detail along with the table of contents, please click the link below:

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Global Superficial Radiation Therapy Systems Market Product Type [Revenue (USD Billion), Volume (Units Sold), 2015-2025]

  • Software
  • Superficial Radiation Therapy Systems

Global Superficial Radiation Therapy Systems Market End User Spectrum [Revenue (USD Billion), Volume (Units Sold), 2015-2025]

  • Hospitals
  • Ambulatory Surgical Centers
  • Dermatology Centers
  • Cancer Research Institute

Global Superficial Radiation Therapy Systems Market Application Scope [Revenue (USD Billion), Volume (Units Sold), 2015-2025]

  • Keloid Scars
  • Bowen Disease
  • Basal Cell Carcinoma
  • Squamous Cell Carcinoma
  • Cutaneous T-Cell lymphoma
  • Kaposi Sarcoma
  • Soft Tissue Metastases

Global Superficial Radiation Therapy Systems Market Geographical Fragmentation [Revenue (USD Billion), Volume (Units Sold), 2015-2025]

North America

  • United States
  • Canada
  • Mexico

Latin America

  • Brazil
  • Argentina

Europe

  • Germany
  • United Kingdom
  • Russia
  • Spain
  • France
  • Italy

Middle East & Africa

  • GCC
  • Africa
  • Turkey
  • South Africa

Asia Pacific

  • Japan
  • India
  • Australia
  • China

Global Superficial Radiation Therapy Systems Market Company Profiles [Revenue (USD Billion), Volume (Units Sold), 2015-2025]

  • Xstrahl Ltd.
  • Sensus Healthcare

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