Increasing Demand For Breast Cancer Radiotherapy Market to Substantially Surge the Revenues Through the COVID-19 Lockdown Phase and Forecast 2019 – 2029

Breast cancer is one of the most common types of cancer used by the radiation oncologists. The breast cancer is a form of cancer that develops in the tissues of the breast. Breast cancer is the most common cancer among women. Radiotherapy is mostly used as a treatment for cancer. It has proven to be an effective treatment for different forms of cancer since it can be used in combination with chemotherapy, surgery and immunotherapy. Breast cancer radiotherapy uses ionizing radiation to destroy or kill the malignant tumors by reducing the damage to the normal tissue. Breast cancer radiotherapy plays an important role in the management of all stages of breast cancer including locally advanced disease and early staged diseases. According to American Institutes of Cancer Research statistics report, an estimate of two million new cases were recorded in 2018. Breast cancer radiotherapy destroy the undetectable cancer cells and thus minimizes the risk of cancer in the affected breast.

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The global breast cancer radiotherapy market witness to register significant growth in the breast cancer radiotherapy market due to increasing prevalence of cancer, rising adoption rate of radiotherapy which will foster the growth of the market. Another factor adding to the growth of breast cancer radiotherapy is rising adoption of radiotherapy procedures in treatment of cancer. Moreover, advancement in research and development for breast cancer treatment is also driving the growth of the breast cancer radiotherapy market. However, there occurs certain limitations in breast cancer radiotherapy market. Factors such as increase in cost of radiotherapy and the breast cancer radiotherapy side effects may hinder the growth of the breast cancer radiotherapy market. Moreover, skilled professional is necessary to operate the radiotherapy treatment.

Lack of trained professional may hamper the growth of the breast cancer radiotherapy market. Inspite of this drawbacks, with the advancement of technology, there seems to occur changes in the breast cancer radiotherapy treatment. Standard radiotherapy deliver radiation to the entire breast but currently, accelerated partial breast irradiation delivers radiation only to the targeted area and thus minimizing the occurrence of side effects. In addition to this, 3D conformal external beam radiation therapy also uses the standard radiation therapy but it targets only the tumor bed. All these new innovations in breast cancer radiotherapy is likely to propel the growth of the market.

How the Coronavirus Threat has Taken Global Business into Uncharted Waters

The global breast cancer radiotherapy market is segmented on the basis of radiotherapy types and end user

  • Market Segmentation by Radiotherapy Types
    • External Beam Radiation Breast Cancer Radiotherapy
    • Internal Radiation Breast Cancer Radiotherapy
    • Intraoperative Radiation Breast Cancer Radiotherapy
  • Market Segmentation by End User
    • Hospitals
    • Diagnostics Laboratories
    • Ambulatory Surgical Centers

Geographically, breast cancer radiotherapy market is categorized into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is dominating the breast cancer radiotherapy market due to advancement in healthcare infrastructure and increase in adoption of new therapies and technologies which is likely to foster the growth of the breast cancer radiotherapy market.

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Europe is also contributing significant revenue in the breast cancer radiotherapy market owing to increase in prevalence of breast cancer and rising adoption of radiotherapy treatment which is likely to witness growth in breast cancer radiotherapy market. Asia Pacific has significant potential to grow the breast cancer radiotherapy market due to increasing awareness among people about breast cancer and rising disposable income, increase in demand for new technologies may enhance the growth of the breast cancer radiotherapy market. Middle East and Africa is shown to have less contribution in breast cancer radiotherapy market due to lack of proper healthcare facilities and poor economy which may hinder the growth of the breast cancer radiotherapy market.

Some of the key players leading in breast cancer radiotherapy market are:

  • Shenzhen GeneMDx Biotech. Co., Ltd
  • Varian Medical Systems, Inc.
  • Raysearch Laboratories AB
  • Mitsubishi Electric Corporation
  • C. R. Bard, Inc.
  • Isoray Medical, Inc
  • Mevion Medical Systems, Inc.
  • Nordion, Inc.
  • Accuray Incorporated
  • Vision RT Ltd
  • Theragenics Corporation
  • IntraOp Medical, Inc.
  • Eckert & Ziegler
  • IBA (Ion Beam Applications S.A.)

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Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies for key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

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