Global Intraoperative Radiation Therapy Systems Market Size, Share & Trends Analysis Report, By Application (Brain Tumor, Breast Cancer, Gastrointestinal Tumor, and Others), By End-User (Hospitals, Specialty Clinics, and Others), Forecast (2022-2028)

The global intraoperative radiation therapy systems market is anticipated to grow at a CAGR of nearly 6.0% during the forecast period (2022-2028). Intraoperative radiation therapy is defined as an exhaustive radiation treatment that is given during surgery. This therapy aims at direct radiation to the target area and does not affect the normal surrounding tissue. Intraoperative radiation therapy is recommended for the treatment of cancers that are difficult to treat through surgery, and when there is a possibility that microscopic amounts of cancer may remain even after the surgery. The market growth is majorly attributable to the increasing prevalence of various forms of cancers all over the globe. As per the Cancer Research UK, the population suffering from cancer is expected to increase in the future. As per the report, if recent trends in the incidence of major cancers and population growth are consistent, it is predicted that there will be 27.5 million new cancer cases globally each year by 2040. This is an increase of 61.7% from 2018 (17 million).

Thus, along with the growing cases of cancer across the globe, the demand for novel therapies such as intraoperative radiation therapy, and their advantages over conventional methods, are expected to increase if the awareness regarding these techniques increases. This is further anticipated to augment the global intraoperative radiation therapy systems market. Apart from the growing cancer cases, technological advancements and advantages offered by intraoperative radiation therapy over conventional radiotherapy are the major factors driving the growth of the global market. Additionally, the growing clinical trials exploring the use of intraoperative radiation therapy for various cancer applications are projected to offer promising growth opportunities for the global intraoperative radiation therapy systems market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-

• By Application
• By End-User

• Regions covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape: Carl Zeiss Meditec AG, IntraOp Medical, Inc., and iCAD Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

• Deviation from the pre-COVID-19 forecast
• Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Intraoperative Radiation Therapy Systems Market Report by Segment

By Application

• Brain Tumor
• Breast Cancer
• Gastrointestinal Tumor
• Others

By End-User

• Hospitals
• Specialty Clinics
• Others

Global Intraoperative Radiation Therapy Systems Market Report by Region

North America

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa