Because of their nature, brachytherapy devices ensure more durable treatment delivery as it is rare that a patient treated with brachytherapy with have reoccurrence of cancer. In some cases brachytherapy is used in combination with surgery, external radiation therapy, or chemotherapy.
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Strong Competition from External Radiation Therapies Pose Threat
On the downside, the market is facing strong competition from external radiation therapies. Technological advancements in this field could pose threat to the market, thereby hampering its growth during the course of the forecast period. Handling of radiation sources, which are used in treatment and concerns related to storage and procurement are creating obstacles for the market as well. In addition, brachytherapy is not devoid of side effects, however, to an extent it may depend on the location of the treatment. The chances of side effects such as urinary incontinence, desquamation, and localized bleeding could have a negative impact on the global brachytherapy market.
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 BEBIG, Theragenics, CR Bard, Varian Medical Systems, and Elekta are some of the key vendors in the global brachytherapy devices market.
Global Brachytherapy Devices Market Report is available @ US$ 5795
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
SOURCE Transparency Market Research
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