The presence of a large number of companies has rendered the global brachytherapy devices market highly fragmented. In order to accelerate their pace of gains, these companies are therefore adopting strategies such as mergers, acquisitions, and strategic collaborations. Through this, and other strategies aimed at enabling them to expand their footprint, the companies are vying to establish a stronghold globally, finds Transparency Market Research (TMR) in a new study. Eckert and Zieglar ... Read more
The global market for brachytherapy devices is anticipated to rise at a moderate rate in the upcoming years, which is mainly attributed to a growing geriatric population worldwide susceptible to chronic diseases and a significant rise in minimally invasive procedures. Brachytherapy devices are advantageous over radiation therapy equipment as they provide high precision for treatment of early-stage and smaller tumors, and ... Read more
The global brachytherapy devices market is driven by increase in incidence of cancer, high prevalence of cervical & lung cancer in developing regions, developed health care infrastructure, rise in demand for brachytherapy treatment, supportive government initiatives, and high acceptance of minimal invasive surgeries. However, higher reimbursement rates of other advanced radiation therapies, such as, IMRT and proton ... Read more