Latest Study on “Intraoperative Radiation Therapy Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2027”.
The global Intraoperative Radiation Therapy market size is expected to be worth around US$ 70 million by 2027, according to a new report by nova one advisor.
The global Intraoperative Radiation Therapy market size was valued at US$ 70 million in 2020 and is anticipated to grow at a CAGR of 5.9% during forecast period 2021 to 2027.
Overview of Intraoperative Radiation Therapy Market Study
Intraoperative Radiation Therapy market study conducted by Nova One Advisor is intended at helping stakeholders get a comprehensive overview of potential challenges and undiscovered opportunities. The report offers exclusive insights to help companies and their customers to make informed decision to sustain growth through the assessment period.
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The rising incidence of cancer, technological advancements, and advantages offered by IORT over conventional radiotherapy are the major factors driving the growth of the global intraoperative radiation therapy market. Additionally, growing clinical trials exploring the use of IORT for various cancer applications are expected to offer lucrative growth opportunities to market players. However, the complex nature of technology coupled with a shortage of trained personnel and preference of conventional radiotherapy over IORT by physicians owing to reimbursement coverage are the major factors that are expected to restrain the growth of this market.
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COVID-19 Impact on Intraoperative Radiation Therapy Sales
Businesses today are operating in a dynamic environment. Earlier focus primarily concentrated on keeping pace with changing consumer preferences. COVID-19 outbreak was unprecedented and exposed vulnerabilities of various industries. Pandemic-induces obstacles also were registered in the Intraoperative Radiation Therapy market.
Sales plummeted as COVID-19 gradually tightened its noose worldwide. Supply-chain disruptions caused massive losses, while demand took nose-dive as consumers remained indoors with affected countries implementing either partial or complete lockdown.
Gradual recovery however is on the cards with the roll out of vaccinations. Nonetheless, consecutive waves of the virus compelled businesses to stay prepared for the worst. As government and healthcare organizations successfully implement steps to contain the spread of COVID-19, industries have begun operations, albeit at a slow and more cautious pace.
Against this backdrop, Nova one advisor’s study predicts gradual recovery for the Intraoperative Radiation Therapy market 2021 onwards. This trend will however continue through the course of the report’s assessment period
This report provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the Intraoperative Radiation Therapy market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the Intraoperative Radiation Therapy market include:
ZEISS Group , iCAD, Inc. , Eckert & Ziegler , Elekta AB , GMV Innovating Solutions , Sensus Healthcare, Inc. , IntraOp Medical, Inc., Isoray, Inc. , Becton, Dickinson and Company , Sordina IORT Technologies , Varian Medical Systems, Inc. , SeeDos Ltd., IsoAid LLC , Ariane Medical Systems Ltd. , Panacea Medical Technologies Pvt. Ltd. , Salutaris Medical Devices , Brainlab AG among others
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Global Intraoperative radiation therapy Market, by Product and Service
- Applicators & Afterloaders
- Treatment Planning Systems
Global Intraoperative radiation therapy Market, by Technology
- Electron IORT
- Intraoperative Brachytherapy
Global Intraoperative radiation therapy Market, by Application
- Breast Cancer
- Brain Tumor
- Gastrointestinal Cancer
- Head & Neck Cancer
- Colorectal Cancer
- Endometrial & Cervical Cancer
- Lung Cancer
- Other Cancers (penile cancer and prostate cancer)
Why Buy this Report?
The purpose of Nova one advisor’s Intraoperative Radiation Therapy market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.
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