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Report overview
The global Internal Radiation Therapy market size was valued at US$ 1.87 billion in 2024 and is projected to reach US$ 2.76 billion by 2030, at a CAGR of 6.7% during the forecast period 2024-2030.
The United States Internal Radiation Therapy market size was valued at US$ 623.4 million in 2024 and is projected to reach US$ 889.2 million by 2030, at a CAGR of 6.1% during the forecast period 2024-2030.
Internal radiation therapy, also known as brachytherapy, is a cancer treatment method where radioactive sources are placed inside or near the tumor, delivering localized radiation to destroy cancer cells while minimizing damage to surrounding healthy tissues.
The global Internal Radiation Therapy market is growing rapidly, driven by increasing cancer incidence rates, technological advancements in radiation delivery systems, and growing preference for minimally invasive treatment options. In 2023, total procedures performed reached 985,000, with North America and Europe accounting for 65% of global demand. Prostate cancer remains the largest application area at 40%, followed by gynecological cancers at 30%. High-dose-rate (HDR) brachytherapy dominates with a 60% market share, while low-dose-rate (LDR) systems are growing at 5% annually.
The market saw a 12% increase in demand for electronic brachytherapy systems in 2023, reflecting their convenience and reduced radiation exposure to medical staff. Image-guided brachytherapy procedures grew by 18%, driven by improved accuracy and treatment outcomes. The trend towards personalized cancer treatment led to a 15% rise in adoption of 3D-printed custom applicators.
R&D investments in novel radioactive sources increased by 22% in 2023, focusing on optimizing dose distribution and reducing side effects. The market faces challenges from external beam radiation therapies, with a 3% shift observed in certain cancer types. Advancements in treatment planning software improved dose optimization by 10% year-over-year.
Report Overview
Radiation therapy (also called radiotherapy) is a cancer treatment that uses high doses of radiation to kill cancer cells and shrink tumors.
This report provides a deep insight into the global Internal Radiation Therapy market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Internal Radiation Therapy Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Internal Radiation Therapy market in any manner.
Global Internal Radiation Therapy Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
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