Surface Guided Radiation Therapy (SGRT) Devices Market
Surface Guided Radiation Therapy (SGRT) Devices Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Global Surface Guided Radiation Therapy (SGRT) Devices Market: By Device Type (Portable and Stand-alone), By Application (Breast Cancer, Head & Neck Cancer, Dermatology, and Others), By End-User (Hospitals, Diagnostic Centers, and Others), and Geography – Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global surface guided radiation therapy (SGRT) devices market was valued at US$ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024
Market Outline: Surface Guided Radiation Therapy (SGRT) Devices Market
Surface guided radiation therapy (SGRT) uses technology to position and monitor the patient’s external surface in order to ensure that they are in correct position throughout their radiation treatment. It provides transitional and rotational information of the patient’s skin surface and offers the potential to improve the accuracy of setup. The surface guided radiation therapy (SGRT) is used in both setup and therapy for breast, deep inspiration breath-hold (DIBH), head and neck, pediatrics and other indications. It is a rapidly growing technique that uses stereo vision technology to track patients’ surface in 3D during radiotherapy.
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Market Dynamics: Surface Guided Radiation Therapy (SGRT) Devices Market
Technological advancements are the key factors attributing for the growth of the Surface guided radiation therapy (SGRT) devices market. This technique has superseded older DIBH techniques that require patients to wear a mouth-piece, providing comfort to the patients, which is likely to enhance the growth of the market. Surface guided radiation therapy (SGRT) holds accuracy in the administration of the correct dose in correct area of the body by monitoring the patient position during the process of treatment, its accuracy is another factor attributed for the growth of the surface guided radiation therapy (SGRT) devices market. Its wide range of application in the treatment of all types of cancer is adding fuel for the growth of the market. However, the high cost of the treatment may hamper the growth of the market.
Market Scope: Surface Guided Radiation Therapy (SGRT) Devices Market
Surface guided radiation therapy (SGRT) devices market is segmented based on the device type, application, and end user
Based on the device type, the market is segmented into the following:
• Portable
• Stand-alone
Based on the application, the market is segmented into the following:
• Breast Cancer
• Head & Neck Cancer
• Dermatology
• Others
Based on the end user, the market is segmented into the following:
• Hospitals
• Diagnostic Centers
• Others
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Regional Analysis: Surface Guided Radiation Therapy (SGRT) Devices Market
Geographically, global surface guided radiation therapy (SGRT) devices market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America surface guided radiation therapy (SGRT) devices market is the dominant market when compared with that of the other regional markets owing to its technological advancements. The increasing prevalence of the breast cancer in the region of North America is adding fuel for the growth of the surface guided radiation therapy (SGRT) devices market. According to the Centers for Disease Control and Prevention (CDC), 236,968 women and 2,141 men in the United States were diagnosed with breast cancer, 41,211 women and 465 men in the United States died from breast cancer, in 2014. Europe holds the second position in the global surface guided radiation therapy (SGRT) devices market. According to the Cancer Research UK, there were 55,122 new cases of invasive breast cancer in 2015, 11,563 deaths from breast cancer. Breast cancer is the most common cancer in the UK, accounting for 15% of all new cancer cases (2015). The Asia Pacific surface guided radiation therapy (SGRT) devices market is expected to grow at moderate rate over the forecast period owing to its developing healthcare infrastructure.
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Competition Assessment: Surface Guided Radiation Therapy (SGRT) Devices Market
Some of the players in the global surface guided radiation therapy (SGRT) devices market include:
• C-RAD (Sweden)
• Surface Imaging Solutions Limited (UK)
• Vision RT Ltd (UK)
• Varian Medical Systems (U.S)
Notable Market Developments: Surface Guided Radiation Therapy (SGRT) Devices Market
• In May 2018, Varian acquired Cooperative CL Enterprises (COOP), a leading distributor of radiotherapy equipment in Taiwan
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