The European brachytherapy market is anticipated to grow at a CAGR of 3.6% during the forecast period. According to the World Health Organization, Europe comprises only one-eighth of the total global population, however, has around one-quarter of the global total of cancer cases with some 3.7 million new patients per year. The factors driving the market growth include the increasing number of cancer patients, reduction in the cost of radiotherapy, and rising government and non-government investments in R&D of cancer treatment.

The European brachytherapy market is segmented based on indication and type. Based on indication, the brachytherapy market is segmented into breast cancer, gynecological cancer, prostate cancer, skin cancer, brain cancer, and others. Prostate cancer held a major share in the region as according to the American Cancer Society, 1 in 9 men are likely to be diagnosed with prostate cancer during their lifetime. While 1 in 39 men dies with this disease. Based on type, the brachytherapy market is segmented into LDR and HDR. Geographically market is segmented into the UK, Germany, Italy, Spain, France, and the Rest of Europe. The UK dominated the market in terms of value.

Some of the major companies serving the European brachytherapy market include Eckert & Ziegler BEBIG, ELEKTA AB, SeeDOS Ltd., Siemens Healthineers AG, and others. The market players are considerably contributing to the market growth by adopting various strategies including mergers and acquisitions, and collaborationsto stay competitive in the market. For instance, Siemens Healthineers AG had acquired Varian Medical Systems, Inc. in April 2020 to expand its global presence.

Research Methodology

The market study of the European brachytherapy market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.

The report is intended for brachytherapy market player, medical device manufacturer, healthcare service providers, institutional investors, and other end-user for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation

1. European Brachytherapy Market Research and Analysis by Indication
2. European Brachytherapy Market Research and Analysis by Type

The Report Covers

• Comprehensive research methodology of the European brachytherapy market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European brachytherapy market.
• Insights about market determinants that are stimulating the European brachytherapy market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.