Brachytherapy Afterloaders Market Emerging Trend, Top Companies, Company Demand, Business Review and Regional Analysis by 2026
Brachytherapy is a form of radiotherapy in which the region to be treated is immediately in front of or next to a closed radiation source. It is commonly used as an efficient treatment for breast, cervical, skin, and prostate cancers because it is used to treat cancer tissues at precise areas. An external beam of radiation therapy (EBRT) typically involves the source system producing a high-energy x-ray that is directed at the tumour. With the aid of a radiation system, rays are steered into the body during this sort of radiation therapy.
One of the key factors propelling the growth of the Brachytherapy Afterloaders Market is the rising prevalence of cancer among the world's population. For instance, the World Health Organization (WHO) 2018 report states that cancer was the second-leading cause of death globally in 2015, killing almost 8.8 million people. Around 1 in 6 fatalities worldwide are caused by cancer. According to the same data, lung cancer accounted for 1.69 million of all cancer-related deaths, followed by liver cancer (788,000), colorectal cancer (774,000), stomach cancer (754,000), and breast cancer (571,000).
Due to increased healthcare research and an increase in the number of senior patients who are susceptible to various cancers and related disorders, Asia Pacific is predicted to experience considerable growth in the Brachytherapy Afterloaders Market. The global market for brachytherapy afterloaders is divided into five regions based on geography: North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.
The Brachytherapy Afterloaders Market is also anticipated to grow significantly in the near future as a result of rising brachytherapy use among cancer therapy centres. For instance, in 2017 iCAD Inc. opened Santa Clarita Radiation Therapy Center and Sherman Oaks Radiation Therapy Center, two of its California-based oncology sites, with the Xoft electronic brachytherapy technology. North America now enjoys a leading position in the global market for brachytherapy afterloaders as a result of rising acceptance rates for cutting-edge technology and increased spending for R&D in cancer treatment.
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