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[marketresearchintent]

Image-guided Radiation Therapy (IGRT) Market Analysis: From USD 1.7 Billion in 2023 to USD 2.4 Billion by 2030

The Image-Guided Radiation Therapy (IGRT) market is poised for significant growth, with projections indicating an increase from USD 1.7 billion in 2023 to USD 2.4 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.3% during this period. This growth is driven by advancements in imaging technologies, rising cancer incidence, and an increasing preference for non-invasive treatment options in oncology.

Understanding IGRT

Image-Guided Radiation Therapy is a sophisticated approach that utilizes advanced imaging techniques to enhance the precision of radiation therapy. By incorporating real-time imaging, IGRT allows clinicians to accurately target tumors while minimizing exposure to surrounding healthy tissues. This is particularly crucial in treating cancers that are located near vital organs or structures.

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Key Components of IGRT

4D Gating/4D RT: This technique accounts for tumor motion due to respiration, allowing for more accurate targeting.

CT Scanning: Provides detailed cross-sectional images of the body, aiding in precise tumor localization.

LINAC (Linear Accelerator): A device that delivers high-energy radiation to the tumor.

PET/MRI-Guided Radiation Therapy: Combines metabolic imaging with anatomical imaging to improve treatment planning and monitoring.

Portal Imaging: Used for verification of patient positioning before treatment.

Market Dynamics

Drivers of Growth

Rising Cancer Incidence: The global burden of cancer continues to escalate, necessitating more effective treatment modalities. According to the World Health Organization (WHO), cancer cases are expected to rise significantly in the coming years, driving demand for advanced treatment options like IGRT.

Technological Advancements: Continuous innovations in imaging and radiation delivery systems enhance the effectiveness and safety of IGRT. The integration of technologies such as MRI and PET scans into radiation therapy protocols has proven beneficial in improving patient outcomes.

Preference for Non-Invasive Procedures: Patients increasingly prefer non-invasive treatments that offer fewer side effects and quicker recovery times. IGRT aligns with this trend by providing targeted therapy with minimal damage to surrounding tissues.

Healthcare Expenditure Growth: Increased healthcare spending, particularly in emerging economies, facilitates the adoption of advanced medical technologies, including IGRT systems.

Challenges Facing the Market

Despite its promising growth trajectory, the IGRT market faces several challenges:

High Costs: The initial investment required for IGRT systems can be substantial, limiting accessibility for smaller healthcare facilities.

Training and Expertise Requirements: Effective implementation of IGRT requires specialized training for healthcare professionals, which can be a barrier in some regions.

Regulatory Hurdles: Navigating the complex regulatory landscape can delay the introduction of new technologies and therapies.

Competitive Landscape

The IGRT market is characterized by a mix of established players and emerging companies striving to innovate and capture market share. Major companies operating in this space include:

◘ Accuray ◘ Canon ◘ C-Rad ◘ Elekta ◘ GE Healthcare ◘ GenesisCare ◘ Mevion ◘ Philips ◘ RefleXion ◘ Siemens ◘ Sun Nuclear ◘ ViewRay

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Regional Insights

North America

North America currently dominates the IGRT market due to its advanced healthcare infrastructure, high levels of research funding, and a strong emphasis on cancer treatment innovations. The United States alone accounted for a significant portion of the market share in 2023.

Europe

Europe is also witnessing substantial growth in the IGRT sector, driven by increasing cancer awareness campaigns and government initiatives aimed at improving cancer care services.

Asia-Pacific

The Asia-Pacific region is expected to exhibit the highest growth rate during the forecast period. Factors contributing to this growth include rising healthcare expenditures, increasing prevalence of cancer, and expanding access to advanced medical technologies.

Future Outlook

The future of the IGRT market appears bright as advancements continue to evolve in imaging technologies and radiation delivery systems. Key trends that may shape the market include:

Integration with Artificial Intelligence (AI): AI can enhance image analysis and treatment planning processes, leading to improved patient outcomes.

Expansion into Emerging Markets: As healthcare infrastructure improves in developing countries, there will be increased opportunities for IGRT adoption.

Focus on Personalized Medicine: Tailoring treatments based on individual patient needs will become more prevalent, further driving demand for advanced radiation therapies like IGRT.

Conclusion

The Image-Guided Radiation Therapy market is on a robust growth trajectory fueled by technological advancements, increasing cancer incidence, and a shift towards non-invasive treatments. With an expected rise from USD 1.7 billion in 2023 to USD 2.4 billion by 2030 at a CAGR of 5.3%, stakeholders across the healthcare spectrum must prepare for an evolving landscape that emphasizes precision medicine and improved patient outcomes through innovative treatment modalities like IGRT. As barriers such as cost and training are addressed, the potential for widespread adoption will enhance cancer care globally.

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Intent Market Research (IMR) is dedicated to delivering distinctive market insights, focusing on the sustainable and inclusive growth of our clients. We provide in-depth market research reports and consulting services, empowering businesses to make informed, data-driven decisions.

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[washingtonposttoday]

GenesisCare Files for Voluntary Reorganisation to Advance Business Transformation

http://dlvr.it/SpygRX

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Many driving become the next generation for few years. #lomalinda #genesiscar (en Genesis of Loma Linda) https://www.instagram.com/p/CXVYku7LH6a/?utm_medium=tumblr

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Regular maintenance is vital to ensure that your Genesis performs optimally. The factory-recommended maintenance schedule and prescribed maintenance milestones ensure that your Genesis continues to be reliable, fuel-efficient, safe, and lasts longer. Click to learn 6 important Genesis Maintenance milestones. 

[conandaily2022]

Chaundre Cross still missing; GenesisCare saddened by presumed loss of Naples, Florida doctor

Chaundre Cross still missing; GenesisCare saddened by presumed loss of Naples, Florida doctor

Dr. Chaundre K. Cross, 49, of Naples, Florida, United States is still missing. The radiation oncologist, who joined GenesisCare in November 2004, was last seen wearing a purple shirt and black pants on his boat leaving the Naples Bay Resort and Marina in Naples on August 10, 2022. On August 16, 2022, GenesisCare issued a statement after the U.S. Coast Guard suspended its search for Cross. The…

[blogygold]

علامات هامة لسرطان البروستات

مرض سرطان البروستاتا: الأسباب، والأعراض، والعلاج

“قد يرونها ليست بخطيرة!.. علامات هامة لسرطان البروستات ينبغي على الرجال عدم تجاهلها! ويقترح بحث جديد أجراه أحد كبار مزودي علاج السرطان GenesisCare، أن عددا كبيرا من الرجال لديهم معتقدات خاطئة حول سرطان البروستات يمكن أن تخرب فرصهم في النجاة من مواجهة المرض. ووجدت دراسة استقصائية أجراها مقدم الرعاية الصحية أن ثلث الرجال قالوا إنهم سيؤخرون الذهاب إلى الطبيب إذا اعتقدوا أن أعراضهم ليست “خطيرة” بما…

[leanpick]

Mandurah City will pay high price for ticket hike to watch former Celtic star Leigh Griffiths

Mandurah City will pay high price for ticket hike to watch former Celtic star Leigh Griffiths

Mandurah City face sanctions for raising ticket prices to cash in on former Scotland and Celtic star Leigh Griffiths playing for the club. Griffiths will line up against Western Knights at GenesisCare Stadium on Saturday in the first of two home appearances. Football West have reportedly warned the State League Division One club they face sanctions that could include a hefty fine and points…

[marketresearchintent]

Image-guided Radiation Therapy (IGRT) Market: Meeting the Rising Demand for Advanced Cancer Therapies

The global healthcare landscape has been witnessing remarkable advancements, particularly in cancer treatment. Among the cutting-edge technologies making significant strides is Image-guided Radiation Therapy (IGRT). This innovative approach is transforming the way cancer is treated, offering enhanced precision and effectiveness in targeting tumors while minimizing damage to surrounding healthy tissues.

Market Overview

The Image-guided Radiation Therapy (IGRT) market is experiencing robust growth, driven by the rising prevalence of cancer and the increasing adoption of advanced radiation therapy techniques. According to recent market analysis, the IGRT market is expected to grow from USD 1.7 billion in 2023 to USD 2.4 billion by 2030, at a compound annual growth rate (CAGR) of 5.3% during the forecast period.

Key Drivers of Market Growth

Several factors are contributing to the rapid expansion of the IGRT market. First and foremost, the growing incidence of cancer worldwide is a major driver. With cancer being one of the leading causes of death globally, there is a pressing need for more effective treatment options. IGRT, with its ability to precisely target tumors and adjust radiation doses in real-time, is increasingly becoming the preferred choice among oncologists.

Additionally, technological advancements in imaging and radiation delivery systems are propelling market growth. The integration of advanced imaging technologies, such as computed tomography (CT), magnetic resonance imaging (MRI), and positron emission tomography (PET), with radiation therapy equipment has significantly improved the accuracy of tumor localization and treatment planning. This has led to better patient outcomes and increased demand for IGRT solutions.

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Major Key Players:

◘ Accuray ◘ Canon ◘ C-Rad ◘ Elekta ◘ GE Healthcare ◘ GenesisCare ◘ Mevion ◘ Philips ◘ RefleXion ◘ Siemens ◘ Sun Nuclear ◘ ViewRay ◘ Vision RT

Challenges and Opportunities

Despite the promising growth trajectory, the IGRT market does face certain challenges. High costs associated with the installation and maintenance of IGRT systems can be a barrier, particularly in developing regions with limited healthcare budgets. Additionally, the need for specialized training for healthcare professionals to effectively operate these advanced systems can also limit adoption in some areas.

However, these challenges present opportunities for innovation and growth. Companies in the IGRT market are investing heavily in research and development to create more cost-effective and user-friendly solutions. The introduction of portable and compact IGRT devices is expected to make this technology more accessible to a broader range of healthcare providers, particularly in underserved regions.

Access Full Report @ https://intentmarketresearch.com/latest-reports/image-guided-radiation-therapy-market-3030.html 

Future Outlook

The future of the IGRT market looks promising, with continued advancements in technology and increasing awareness of the benefits of precision radiation therapy. As healthcare systems around the world prioritize improving cancer treatment outcomes, the demand for IGRT is expected to rise steadily.

Moreover, the ongoing trend towards personalized medicine, where treatments are tailored to individual patient needs, will further drive the adoption of IGRT. By enabling precise targeting of tumors based on real-time imaging data, IGRT aligns perfectly with the goals of personalized cancer care.

Conclusion

The Image-guided Radiation Therapy (IGRT) market is poised for significant growth in the coming years, driven by technological advancements and the rising need for effective cancer treatments. As the market is expected to expand from USD 1.7 billion in 2023 to USD 2.4 billion by 2030, at a CAGR of 5.3%, stakeholders in the healthcare industry have a unique opportunity to contribute to the evolution of cancer treatment and improve patient outcomes globally.

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[washingtonposttoday]

GenesisCare puts US business into bankruptcy, seeks to restructure http://dlvr.it/SpyWvd

[industryinsights]

Sleep Testing Services Market Trends, Key Players, DROT, Analysis & Forecast Till 2027

The global sleep testing services market is anticipated to hold a market value of USD 5.9 billion in the year 2017 and is expected to grow at a CAGR of 13.2% during the forecast period. Sleep testing services are used to diagnose sleep disorders by recording heart rate, breathing patterns, brain waves, eye movements, leg movements, etc.

Rising prevalence of sleep disorders, increasing awareness about sleep testing services and technological advancements related to sleep testing services are expected to drive the growth in the market over the forecast period. According to an article published in the Psychiatry Research magazine by Science Direct published in July 2018, global prevalence of restless leg syndrome (a sleep disorder) is 14.8%. However, high costs of the sleep testing services can restrain the market growth over the assessment period.

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Regional Analysis

Geographically, the Americas is expected to dominate the global market owing to the high prevalence of various sleep disorders, rising awareness about the sleep testing services. According to an article published by the National Institute of Neurological Disorders and Stroke in July 2018, 135,000 to 200,000 people in the US are affected by narcolepsy, which is a disorder that affects the sleep-wake cycle of a person. Europe is expected to hold the second largest position in the global market owing to the increasing awareness about sleep testing services. Asia-Pacific is expected to be the fastest growing market owing to the rising prevalence of sleep disorders like insomnia, restless leg syndrome, etc. Moreover, the Middle East and Africa region is expected to account for the least market share in the global market.

Segmentation

The global sleep testing services market has been segmented into diagnostic services, treatment monitoring services and end user.

The market, on the basis of diagnostic services, has been segmented into home sleep testing and in-lab sleep testing. In-lab sleep testing is further segmented into electroencephalogram, full polysomnography, CPAP/BiPAP Titration, multiple sleep latency test (MSLT) and maintenance of wakefulness test (MWT).

The global market, on the basis of treatment monitoring services, has been segmented into obstructive sleep apnea, insomnia, restless legs syndrome, circadian rhythm disorders, narcolepsy and rapid eye movement (REM) sleep disorder.

The global sleep testing services market, by end user, has been segmented into hospitals, sleep centers, home care settings and others. The hospitals segments is expected to hold the largest market share owing to high preference of people visiting the hospitals for treating their disorders. Whereas the sleep centers are expected to grow at the fastest market share owing to increasing awareness among patients regarding the sleep centers.

Key Players

Some of the prominent players in the global sleep testing services market are St. Luke's, Medical Service Company, Midwest Sleep Diagnostics, Inc., Sleep Services Australia, Total Sleep Holdings, Inc., GenesisCare, Carolinas Sleep Services, SleepMed, SOVA Sleep Services, SleepWorks, LLC, HomeSleep, LLC and Others.

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[jesse-pinkman123]

Mobile Imaging Services Market Size, Trends, Shares, Insights and Forecast – 2018-2026

Mobile imaging services are cost-effective alternatives to in-house imaging services.  Increasing focus on early diagnosis of cancer and other chronic disorders is expected to increase demand for mobile imaging services.  

Statistics:

The global Mobile Imaging Services Market is estimated to account for US$ 16,709.3 Mn in terms of value by the end of 2027.

Global Mobile Imaging Services Market: Drivers

Significant benefits of mobile imaging services over in-house counterparts is expected to propel growth of the global mobile imaging services market. Mobile imaging saves time of healthcare professionals by eliminating the need for transport to the hospital for imaging. It is especially convenient for patients suffering from memory-related disorders that prefer a familiar environment. Moreover, mobile imaging is cheaper compared to in-house imaging services.

Global Mobile Imaging Services Market: Opportunities

Significant development in and adoption of electric vehicles is expected to reduce transportation cost of mobile imaging services, thereby offering lucrative growth opportunities for players in the global mobile imaging services market.  

* The sample copy includes: Report Summary, Table of Contents, Segmentation, Competitive Landscape, Report Structure, Methodology.

Request a sample copy of this report: https://www.coherentmarketinsights.com/insight/request-sample/3875

Global Mobile Imaging Services Market: Restraints

High and fluctuating fuel costs are expected to hinder growth of the global mobile imaging services market. Fuel costs account for a significant portion of operating expenses for a mobile unit. Because of the effect of wide price fluctuations and rise in demand, the cost and future availability of fuel remains unpredictable.

Key Takeaways:

The global mobile imaging services market was valued at US$ 12,922.1 Mn in 2019 and is forecast to reach a value of US$ 16,709.3 Mn by 2027 at a CAGR of 3.3% between 2020 and 2027. Advantages of mobile imaging services over in-house counterparts is expected to propel growth of the global mobile imaging services market

MRI segment held dominant position in the global mobile imaging services market in 2019, accounting for 35.4% share in terms of value, followed by CT and X-ray, respectively. Increasing technological advancements in the field of medical imaging is expected to drive the market during the forecast period

Market Trends

Major players in the market are focused on expanding their geographical presence. For instance, in November 2019, InHealth Group started a dedicated MRI facility at Kingston Hospital NHS Foundation Trust, U.K.

Browse Research Report: https://www.coherentmarketinsights.com/market-insight/mobile-imaging-services-market-3875

Major players in the market are focused on adopting partnership strategies to enhance their market share. For instance, in August 2018, Nuffield Health partnered with GenesisCare, a cancer care provider, to provide oncology diagnosis, care and treatment in the U.K.

Global Mobile Imaging Services Market: Competitive Landscape  

Major players operating in the global mobile imaging services market include, Carestream Health, Accurate Imaging, Inc., Alliance HealthCare Services, Inc., Atlantic Medical Imaging, Axiom Mobile Imaging, Center for Diagnostic Imaging, Inc., Cobalt Diagnostic Imaging, DMS Health Technologies, Inc., Front Range Mobile Imaging, Inc., Imaging On Site, Inc., InHealth Group, Interim Diagnostic Imaging, LLC, Jacksonville Mobile Imaging Services, Inc., Nuffield Health, Shared Imaging LLC, and VanScan Ltd.

Global Mobile Imaging Services Market: Key Developments

Major players in the market are focused on adopting partnership strategies to enhance their market share. For instance, in March 2020, InHealth Group partnered with the National Health Service to provide additional, critical capacity and resource during the Covid-19 pandemic.

Major players in the market are also focused on expanding their geographical presence. For instance, in October 2018, Alliance Cancer Care, a part of Alliance HealthCare Services, Inc., started a new integrated cancer care facility in the northern Alabama region of the U.S.

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[leanpick]

Radiopharm prepares for first Australian lung cancer trial

Radiopharm prepares for first Australian lung cancer trial

Radiopharm Theranostics has agreed to commercial terms to commence its first phase 1 lung cancer trial in Australia with renowned global oncology provider GenesisCare. The program aims to start testing Radiopharm’s proprietary nanobodies, part of its Nano-mAbs platform, by targeting non-small cell lung cancer, the most common type of the disease. The Nano-mAbs drug targeting non-small cell lung…

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[washingtonposttoday]

GenesisCare Files for Voluntary Reorganisation to Advance Business Transformation

http://dlvr.it/SpyWZY