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The latest report on “Intraoperative Radiation Therapy Market (Method – Electron IORT, and Intraoperative Brachytherapy; Products and Services – Treatment Planning System, Accelerators, Applicators, and Afterloaders; Application – Brain Tumor, Breast Cancer, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.” The global intraoperative radiation therapy market is projected to grow at a CAGR of 6.9% over the forecast period of 2019-2025.

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Intraoperative radiation therapy is intensive radiation therapy. The therapy enables direct radiation to the target area and spares the normal surrounding tissues. Companies operating in the global intraoperative radiation therapy market are focusing on mergers, acquisitions, and new product launches that expand their market share.

Rising Prevalence of Cancer Worldwide Drives the Growth of the Intraoperative Radiation Therapy Market

The rising prevalence of cancer worldwide drives the growth of the intraoperative radiation therapy market. According to the World Health Organization, cancer is the second leading cause of death worldwide. Around 1 in 6 deaths occur due to cancer. The adoption of the mobile IORT system and rising advantages of IORT over conventional radiotherapy stimulate the growth of the intraoperative radiation therapy market. The increasing adoption of IORT in various cancer applications stimulates the growth of the intraoperative radiation therapy market. IORT offers an accurate assessment of cancer cell characteristics.

In addition, an increasing number of clinical trials to explore the use of IORT in cancer applications contribute to the growth of the intraoperative radiation therapy market. On the flip side, lack of skilled professionals and complexity in intraoperative radiation therapy restraints the growth of the intraoperative radiation therapy market. Moreover, growing applications of IORT create several opportunities for the growth of the intraoperative radiation therapy market.

North America is Expected to Hold a Dominant Share in the Global Intraoperative Radiation Therapy Market

Based on geography, the global intraoperative radiation therapy market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. North America is expected to hold a dominant share in the global intraoperative radiation therapy market. The increasing prevalence of cancer, technological advancement, and rising healthcare expenditure in North America drives the growth of the intraoperative radiation therapy market in North America.

Asia-Pacific region is anticipated to grow in the global intraoperative radiation therapy market with a significant CAGR over the forecast period. The rising adoption of intraoperative radiation therapy in the Asia-Pacific region contributes to the growth of the intraoperative radiation therapy market in the Asia-Pacific region. Europe is showing growth in the global intraoperative radiation therapy market.

Segment Covered

The report on the global intraoperative radiation therapy market covers segments such as method, products and services, and application. On the basis of method, the sub-markets include electron IORT, and intraoperative brachytherapy. On the basis of products and services, the sub-markets include the treatment planning system, accelerators, applicators, and afterloaders. On the basis of application, the sub-markets include brain tumor, breast cancer, and other applications.

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Companies Profiled:

The report provides profiles of the companies in the market such as iCAD, Inc., IntraOp Medical Corporation, Carl Zeiss AG, GMV Innovating Solutions SL, Varian Medical Systems, Inc., Sensus Healthcare, Inc., Ariane Medical Systems, Ltd., Elekta AB, Eckert & Ziegler Group, and other companies.

Reasons to Buy this Report:

  • Comprehensive analysis of global as well as regional markets of the intraoperative radiation therapy.
  • Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
  • Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.  
  • Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.