The value of the global brachytherapy market was estimated at USD 960 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.2% to reach USD 2.1 billion by 2032.
The global brachytherapy market was valued at USD 738.7 Million in 2020 and is projected to grow at a CAGR of 6.8% during the forecast period. Factors driving the growth of the brachytherapy market include growing prevalence of malignancy, technological progressions in minimally invasive surgical imaging techniques and increasing government initiatives to surge cognizance.
Brachytherapy is synonymously called as Internal Radiation Therapy, Curietherapy, Plesiotherapy, and Endocurietherapy. Brachytherapy is the medical use of tiny encapsulated radioactive sources positioned at small distances from the object volume to irradiate malignant tumor cells. It lingers to play a significant part in the controlling of cancers of a number of sites, comprising the head and neck, prostate and uterine cervix. Compared to conservative exterior beam therapy, the physical benefits of brachytherapy upshots from a greater localization of dose to the tumor volume.
Regionally, North America accounted for the largest market share of the global brachytherapy market attributable to effectual cervical cancer treatment. Leading players of the global brachytherapy market include Boston Scientific, iCAD, Cianna Medical, C.R. Bard, Cook Medical, GE Healthcare, Elekta, Huiheng Medical, IsoRay, Olympus among others.
Brachytherapy Market Scope
Metrics | Details |
Base Year | 2022 |
Historic Data | 2022-2023 |
Forecast Period | 2022-2032 |
Study Period | 2022-2032 |
Forecast Unit | Value (USD) |
Revenue forecast in 2032 | USD 2.1 billion |
Growth Rate | CAGR of 8.2% during 2022-2032 |
Segment Covered | Application,Type, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Boston Scientific, iCAD, Cianna Medical, C.R. Bard, Cook Medical, GE Healthcare, Elekta, Huiheng Medical, IsoRay, Olympus among others |
Key segments of the global brachytherapy market
Application Overview
- Prostate Cancer
- Gynaecological Cancer
- Breast Cancer
- Others
Type Overview
- High Dose Rate
- Low Dose Rate
Regional Overview
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- GCC
- South Africa
Reasons for the study
- R&D investments by market players
- Increasing prevalence of cervical & lung cancer in developing regions and developed health care infrastructure
- Rising acceptance of minimal invasive surgeries
What does the report include?
- The study on the global brachytherapy market includes qualitative factors such as drivers, restraints and opportunities
- The study covers qualitative and quantitative analysis of the market segmented on the basis of application and type. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global brachytherapy market is suitable for all the players across the value chain including product manufacturing companies, suppliers/distributors, R&D labs, CROs, healthcare organizations, medical reimbursement and insurance providers
- Venture capitalists and investors looking for more information on the future outlook of the global brachytherapy market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global brachytherapy market
Frequently Asked Questions (FAQ) :
Radiation therapy is deliberated the key treatment modality of malignancies, as oral cancers are proficiently treated with this modality it is vital that the kinds of radiation therapies with their history, present and forthcoming must be known to the health care specialists. Brachytherapy procedure contains the practice of small radioactive sources sited inside the body cavity inside the tumor or nearby it. It is appropriate for management of tumors by locating the sources by means of needles or catheters. Most common brachytherapy sources give out ‘photons’, though ‘beta rays’ and ‘neutrons’ releasing sources are similarly used.
Table 1: Some commonly used radioactive sources
Source |
Maximum Energy |
Available Forms |
Uses |
Radium 226 |
2.4 MeV |
Needles and tubes |
Not used now |
Caesium 137 |
0.662 MeV |
Needles and tubes |
As a substitute of Radium in Manual After loading |
Cobalt 60 |
1.25 Mev |
Spherical plates and Needles |
As a substitute of Radium Ophthalmic Applicators |
Iridium 192 |
1.5 MeV |
Flexible Wire and Tubes (Ribbon Source) |
Head and Neck, Uterine, Cervix and Breast Malignancies |
On the basis of type, the market is segmented into high dose-rate (HDR) brachytherapy and low dose-rate (LDR) brachytherapy. The HDR brachytherapy segment dominated the market in 2020. By appropriate case selection and transfer system, HDR brachytherapy has abundant promise, since it excludes radiation exposure, lets small treatment times, and can be executed on an outpatient base. Moreover, use of a single-stepping basis, sanctions optimization of dose delivery by changing the dwell time at every dwell location. Nevertheless, when HDR brachytherapy is used, the treatments must be performed cautiously, since the small treatment periods do not permit any time for rectification of mistakes, and errors can effect in injury to patients. Therefore, it is very essential that all staffs intricate in HDR brachytherapy be well educated and be constantly alert. It is anticipated that the use of HDR brachytherapy will critically enlarge over the subsequent decade and that modifications will happen predominantly in the incorporation of imaging and optimization of dose delivery. It is expected that improved tumor localization and normal tissue definition will aid to adjust dose distribution to the tumor and decrease normal tissue exposure.
North America accounted for the largest share of the global brachytherapy market in 2020. In the United States, the National Cancer Database (NCDB) records display that 17% of Black, 64% of Caucasian, and 14% of Hispanic patients received a brachytherapy enhancement for cervical cancer, representing racial inequalities in the reception of treatment. Probable causes for underutilization of brachytherapy for cervical cancer comprise a change to high-dose-rate (HDR) brachytherapy necessitating increased time and practice of cutting-edge imaging equipment for safe practice, greater reimbursement charges with intensity-modulated radiation therapy and stereotactic body radiation therapy, less patients having admission to brachytherapy owing to recommendation patterns, inadequate training of radiation oncology inhabitants, associated with insufficient upkeep of brachytherapy skills amid practicing radiation oncologists. Correspondingly, despite evidence displaying its effectiveness in the management of prostate cancer at every stage of disease, tendencies representing the reduced application of brachytherapy for cervical cancer have been witnessed in the former decade. The decreasing use of brachytherapy is expected secondary to several societal and economic influences, comprising the reduction in prostate specific antigen screening, a better prominence on active investigation for suitable patients, growing usage of robotic prostatectomy and the superior sophistication of exterior beam technologies.