Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 795.10 Million | USD 1179.9 Million | 6.80% | 2021 |
FrequentlyAsked Questions
The market is anticipated to develop because of rising cancer rates, technological advancements, and a considerable increase in brachytherapy utilization. Radiation therapy for the treatment of cancer includes brachytherapy.
According to the report, the global brachytherapy devices market was worth USD 795.10 million in 2021 and is estimated to grow to USD 1179.9 million by 2028, with a compound annual growth rate (CAGR) of approximately 6.80 percent over the forecast period.
North America held the greatest market share in the global brachytherapy devices market in 2021 due to the advantages it has over more conventional procedures and because it is a relatively effective & safe cancer treatment. Cancer incidence is increasing because of an unhealthy lifestyle. Additionally, the limited availability of cutting-edge cancer treatments presents a variety of options for market participants.
Some of the main competitors dominating the global brachytherapy devices market include -Boston Scientific Corporation, C.R. Bard Inc., CIVCO Medical Instruments Co. Inc., Cook Medical, BEBIG, Eckert & Ziegler, Elekta AB, Atherogenic Corporation, Varian Medical Systems Inc., and iCAD Inc.
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