Home Research Reports Superficial Radiation Therapy System Market is expected to witness a CAGR of 3.7% through 2030

Superficial Radiation Therapy System Market is expected to witness a CAGR of 3.7% through 2030

by markit Wired
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The global superficial radiation therapy market will reach US$ 57.3 Mn by 2030, according to a new report by ESOMAR-certified market research firm, Future Market Insights (FMI).

Superficial radiation therapy systems are being widely used  as they prove to be an efficacious and non-invasive option with regards to skin treatment.

Also, superficial radiation therapy systems, based on almost negligible risks on the count of post-surgery infections and loads of other complications, are likely to gain further adoption in the future.

Consistency in terms of innovation has been the key focus area of the market players. For instance, Sensus Healthcare, in 2018, did install its SRT-100 system at “Hillcrest Plastic Surgery” in Orlando, Florida.

Keloid scars are being treated through this SRT-100. As an outcome of preference to these non-invasive procedures, the superficial radiation therapy systems market is expected to gain maximum mind share in the forecast period.

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Key Takeaways

  • The global superficial radiation therapy systems market is expected to reach US$ 39.7 Mn in 2020.
  • Ambulatory surgical centers are adopting superficial radiation therapy systems at a brisk pace
  • Curative treatment to lead the superficial radiation therapy systems market in the forecast period
  • Cancer treatment to tilt in favour of non-invasive treatment, which will ask for more innovations herein.

“Innovations on the consistent basis have been keeping the cash registers ringing. This trend is expected to propel the superficial radiation therapy systems market between 2020 and 2030” – says the FMI analyst.

Key Participant Insights

The global market is set to witness steady growth through 2030.

In addition to this, exploration of superficial radiation therapy systems for the other types of cancers like breast cancers (apart from skin cancers) is expected to drive the market.

The key market players covered by FMI include Sensus Healthcare, Inc., SkinCure, Mevion Medical Systems, Varian Medical Systems Inc., Ion Beam Applications, RaySearch Laboratories, Elekta AB, Mitsubishi Electric Corporation, IsoRay Inc., Xstrahl Ltd., and Nordion Inc.

At the same time, there is a dearth of medical professionals performing superficial radiation therapy with utmost precision. This factor is likely to hamper the market.

Want more insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global superficial radiation therapy systems market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on superficial radiation therapy systems market on the basis of product type (superficial radiation therapy systems, software), application (Basal Cell Carcinoma, Squamous Cell Carcinoma, Keloid scars, Psoriasis, Kaposi Sarcoma (Plaque Stage), Bowen’s Disease, Cutaneous T-cell Lymphoma, Soft Tissue Metastases), end-user (hospitals, ASCs (Ambulatory Surgical Centres), cancer research institutes, dermatology centres) across seven major regions.

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About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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