Medical Devices

Image

Global Intraoperative Radiation Therapy Market – Industry Trends and Forecast to 2030

  • Medical Devices
  • Upcoming Report
  • Apr 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Intraoperative Radiation Therapy Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 283.94 Million
Diagram Market Size (Forecast Year) USD 498.91 Million
Diagram CAGR %

Global Intraoperative Radiation Therapy Market, By Method (Electron, Intraoperative Brachytherapy, High Dose-Rate, X-Ray, and Others), Product (Intraoperative Radiation Therapy Devices, Intraoperative Radiation Therapy Accessories, and Software and Services), Type (Portable and Benchtop), Application (Breast Cancer, Brain Tumor, Head and Neck Cancer, Soft Tissue Sarcoma, Pediatric Tumors, Gynecological Cancer, Genitourinary Cancers, and Upper Gastro-Intestinal Tumors Other Cancer), End User (Hospital, Ambulatory Surgical Centers, Specialty Center, and Others), Distribution Channel (Direct Tender and Retail Sales) – Industry Trends and Forecast to 2030.

Intraoperative radiation therapy Market Analysis and Size

IORT has shown its efficacy in various tumors and cancers, such as recurrent gynecological cancers, recurrent colorectal cancers, and soft-tissue tumors. It is observed that IORT treatment was used at the primary site in 42.5% of the cases and regional nodes in 57.7%. Lately, it has evolved as a popular treatment option for selected, early-stage breast cancers due to the ability to complete the entire course of radiotherapy during surgery. Also, an increase in the wide adoption of minimally invasive surgeries, mostly dependent on the imaging chain, is anticipated to promote market growth.   

Data Bridge Market Research analyses that the intraoperative radiation therapy market, which was USD 283.94 million in 2022, would rise to USD 498.91 million by 2030 and is expected to undergo a CAGR of 7.30% during the forecast period from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Intraoperative radiation therapy Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Method (Electron, Intraoperative Brachytherapy, High Dose-Rate, X-Ray, and Others), Product (Intraoperative Radiation Therapy Devices, Intraoperative Radiation Therapy Accessories, and Software and Services), Type (Portable and Benchtop), Application (Breast Cancer, Brain Tumor, Head and Neck Cancer, Soft Tissue Sarcoma, Pediatric Tumors, Gynecological Cancer, Genitourinary Cancers, and Upper Gastro-Intestinal Tumors Other Cancer), End User (Hospital, Ambulatory Surgical Centers, Specialty Center, and Others), Distribution Channel (Direct Tender and Retail Sales)

Countries Covered

U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

IntraOp Medical, Inc (U.S.), Varian Medical Systems, Inc (U.S.), Eckert & Ziegler (Germany), Sensus Healthcare (U.S.)., Elekta (Sweden)., REMEDI Co., Ltd (South Korea), Brainlab AG (Germany), Sensus Healthcare (U.S.), Elekta (Sweden)

Market Opportunities

  • Increasing Product Launches by Market Players
  • Growing Demand for iMRI

Market Definition

Intraoperative radiotherapy (IORT) is a technique that includes delivering a high dose of ionizing radiation to the tumor during surgery. It also includes the direct visualization of the tumor bed. It spaces out normal tissues from the tumor bed, maximizing the tumor dose and reducing it to normal tissues. Therefore, IORT can provide a higher total effective dose to the tumor bed and enable dose escalation without considerably increasing normal tissue complications.

Global Intraoperative radiation therapy Market Dynamics

Drivers

  • Increasing Prevalence of Cancer

A rise in cancer incidence rate globally is expected to boost the market during the forecast period, as radiation therapy is used in approximately 50% of all cancer treatments. According to GLOBOCAN 2021, there were around 19.3 million new cancer cases worldwide in 2020, which is anticipated to rise to 30.2 million by 2040. As nuclear medicines are widely used in cancer treatment, such as radiotherapy, there is a growing demand for nuclear medicine radioisotopes, thus boosting the market. The growing number of cancer cases would generate the need for nuclear medicine radioisotopes for treatment, enhancing the market's growth. Thus, this factor boosts market growth.

Opportunities

  • Increasing Product Launches by Market Players

Several intraoperative imaging technologies, such as c-arm, iUltrasound, and iMRI, have greatly extended surgical possibilities. The ability to see bones and soft tissue with extreme precision has changed the surgical care of several disorders, including orthopedics, cardiology, neurology, vascular, and neurology. The persistent advances in intraoperative imaging technologies, such as 3D and real-time imaging, are anticipated to expand the market. For instance, the FDA granted GE Healthcare clearance for OEC 3D, a surgical imaging system capable of 3D and 2D imaging, in 2021. By offering precise volumetric images, OEC 3D sets a goal to set a benchmark for intraoperative 3D imaging for spine and orthopedic surgeries. Thus, this factor boosts market growth.  

  • Growing Demand for iMRI

The increasing demand for iMRI is anticipated to grow significantly during the forecast period. The iMRI system's high-quality images enable higher precision in difficult surgeries and offer real-time images, greatly decreasing the chances of inaccuracy and the absence of ionizing radiation. These have assisted the development of iMRI as an important tool for surgeries. Thus, this factor boosts the market's growing rapidly.

Restraints/Challenges

  • Risk Associated With High Dose Radiation Exposure

A huge risk is associated with high-dose radiation exposure that impedes the market growth rate. Exposure to very high radiation levels can lead to acute health effects such as skin burns and acute radiation syndrome. Furthermore, it can also result in prolonged health effects such as cardiovascular disease and cancer. Therefore, these factors hamper the market growth.

This intraoperative radiation therapy market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the intraoperative radiation therapy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In 2021, Varian Medical Systems, Inc. signed an agreement with Australia's Icon Group to provide 30 linear accelerators and associated treatment software to fight the global cancer burden. This will assist the company in surging its access to care across regional and underserviced areas in Australia and Asia.

Global Intraoperative Radiation Therapy Market Scope

The intraoperative radiation therapy market is segmented on the basis of method, product, type, application, end user, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Method

  • Electron
  • Intraoperative Brachytherapy
  • High Dose-Rate
  • X-Ray
  • Others                                                          

Product

  • Intraoperative Radiation Therapy Devices
  • Intraoperative Radiation Therapy Accessories
  • Software and Services

Type  

  • Portable
  • Benchtop

 Application

  • Breast Cancer
  • Brain Tumor
  • Head and Neck Cancer
  • Soft Tissue Sarcoma
  • Pediatric Tumors
  • Gynecological Cancer
  • Genitourinary Cancers
  • Upper Gastro-Intestinal Tumor
  • Other Cancer

End User

  • Hospital
  • Ambulatory Surgical Centers
  • Specialty Center
  • Others

Distribution Channel

  • Direct Tender
  • Retail Sales

Intraoperative Radiation Therapy Market Regional Analysis/Insights

The intraoperative radiation therapy market is analyzed and market size insights and trends are provided by method, product, type, application, end user, and distribution channel as referenced above.

The countries covered in the intraoperative radiation therapy market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the intraoperative radiation therapy market due to the due to a huge number of market players in the region, their persistent efforts in launching new products, and R&D activities to support easy operations and assure the wide availability of authentic medical-grade imaging systems.

North America is expected to witness significant growth due to increasing acceptance and huge usage of IORT in treating cancer patients in the region. Moreover, the growing prevalence of chronic disorders is anticipated to increase market growth.  

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The intraoperative radiation therapy market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for intraoperative radiation therapy market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the intraoperative radiation therapy market. The data is available for historic period 2011-2021.

Competitive Landscape and Intraoperative Radiation Therapy Market Share Analysis

The intraoperative radiation therapy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to intraoperative radiation therapy market.

Some of the major players operating in the intraoperative radiation therapy market are:

  • IntraOp Medical, Inc (U.S.)
  • Varian Medical Systems, Inc (U.S.)
  • Eckert & Ziegler (Germany)
  • Sensus Healthcare (U.S.)
  • Elekta (Sweden)
  • REMEDI Co.,Ltd(South Korea)
  • Brainlab AG (Germany)
  • Sensus Healthcare (U.S.)
  • Elekta (Sweden)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The Intraoperative Radiation Therapy Market is projected to grow at a CAGR of 7.30% during the forecast period by 2030.
The future market value of the Intraoperative Radiation Therapy Market is expected to reach USD 498.91 million by 2030.
The major players in the Intraoperative Radiation Therapy Market are IntraOp Medical, Inc (U.S.), Varian Medical Systems, Inc (U.S.), Eckert & Ziegler (Germany), Sensus Healthcare (U.S.)., Elekta (Sweden)., REMEDI Co., Ltd (South Korea), Brainlab AG (Germany), etc.
The countries covered in the Intraoperative Radiation Therapy Market are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, etc.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials