Advancements in radiation technology and rising prevalence of cancers are fueling revenue growth in the global radiotherapy quality assurance phantom market
VANCOUVER, BC, CANADA, April 4, 2022 /EINPresswire.com/ — Global Radiation Therapy Quality Assurance (QA) Phantom Market is Expected to Reach a Market Size of USD 36.4 Million by 2028 and record a steady CAGR over the forecast period, according to the latest analysis from Emergen Research. Quality control and assurance before administering radiation therapy to a cancer patient is essential in order to maintain the radiation dose prescribed by the physician. Some of the major drivers for the growth of the global market include improved quality assurance of radiation oncology patients and machines, growing demand for tissue equivalent phantoms, and growing number of cancer patients globally.
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Dosimetry phantoms in radiotherapy treatments play a vital role in ensuring the accuracy of a planned dose. Quality assurance phantoms are primarily used for calibration and characterization of delivery devices. Apart from this, phantoms are used to verify the modeled (predicted) dose distributions. Emerging economies are currently able to provide better radiotherapy thanks to rapid advances in medical technology.
Some players analyzed in the report are:
Amano Enzyme Inc., Enzyme Bioscience Pvt. Ltd., DuPont, Royal DSM, Biocatalysts Ltd., Novozymes, Kerry Group, Associated British Foods PLC, Puratos Group and Chr Hansen Holding A/S.
The report predicts that the market is expected to grow at a significant rate owing to advancements in raids and technological developments in the industry. The report offers strategic recommendations for businesses and investors to capitalize on lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides comprehensive coverage with respect to company profiles, product portfolio, revenue generation, financial condition, and market position.
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In November 2020, PTW Freiburg GmbH (PTW) signed a distribution agreement with QRM GmbH. PTW has become the sole worldwide distributor of QRM tissue equivalent phantoms as of early January 2021.
The Cobalt-60 segment of the global radiation therapy quality assurance (QA) phantoms market is expected to register a CAGR of 4.5% during the forecast period. Cobalt-60 is mainly used to maintain the proper level of radiation and destroy malignant cells in the treatment of tumors and cancer.
The market in Europe accounted for the second largest revenue share of 25.0% in 2020. Key factors such as growing emphasis on medical technology and government support are supporting the market growth in this region.
Emergen Research has segmented the global radiation therapy quality assurance (QA) phantoms market based on technology, therapy, application, and region as follows:
Technology Outlook (Revenue: USD Million; 2020-2028)
High dose radiation
Low dose radiation
Therapeutic Outlook (Revenue: USD Million; 2020-2028)
Photon beam radiotherapy
Advanced 3D conformal radiotherapy
Image Guided Radiation Therapy
Intensity modulated radiotherapy
Modulated volumetric arc therapy
Neutron beam therapy
Application Outlook (Revenue: USD Million; 2020-2028)
Head and neck cancers
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The latest report on the Global Radiotherapy Quality Assurance (QA) Phantoms Market offers strategic insights about the market landscape for stakeholders, investors, and business owners to help them take effective and lucrative business decisions based on key statistical data and facts. The report aims to offer an in-depth perspective of the Radiotherapy Quality Assurance (QA) Phantoms market based on various key elements, such as market drivers, limitations, threats, restraining factors and growth prospects. .
The report aims to provide a comprehensive understanding of the Quality Assurance (QA) Phantoms in Radiotherapy Market growth and expansion in each key region of the world. It offers accurate estimations on the expected market size and growth over the predicted period of 2021-2028.
Study of the Global Radiotherapy Quality Assurance (QA) Phantoms Market Size by Key Regions, Types and Applications with Reference to Historical Data (2017-2019) and Forecast (2021-2028)
Industry structure analysis of Radiotherapy Quality Assurance (QA) Phantoms market by identifying various sub-segments
In-depth analysis of key market players along with their SWOT analysis
Competitive landscape marking
Radiotherapy Quality Assurance (QA) Phantoms Market analysis based on growth trends, futuristic prospects, and contribution to total market growth
Analysis of Drivers, Restraints, Opportunities, Challenges, and Risks in Global Radiotherapy Quality Assurance (QA) Phantoms Market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches and other strategic alliances
Global Quality Assurance (QA) Phantoms in Radiation Therapy Market Segmentation By Regions:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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