The global radiation therapy quality assurance (QA) phantoms market is expected to reach a market size of USD 36.4 million by 2028 and register a steady CAGR over the forecast period, according to the latest analysis by Emergen Research. Quality checks and assurances before delivering radiation treatment to a cancer patient are critical in order to maintain the radiation dose as prescribed by the doctor. Some major drivers fueling the growth of the global market include the enhancement of patient and machine quality assurance in radiation oncology, rising demand for tissue equivalent phantoms, and the increasing number of cancer patients globally.
Together with qualitative and quantitative assessments, the report's authors have provided forecasts for the Radiation Therapy Quality Assurance (QA) Phantoms market. Two of the most important parts of this study are the SWOT analysis and Porter's Five Forces analysis, which reveal how intensely competitive the industry is. The comprehensive study of the worldwide Radiation Therapy Quality Assurance (QA) Phantoms market in the report takes into account markets in North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa. This study looks at additional significant characteristics of regional markets in addition to revenue growth drivers, constraints, production consumption patterns, altering consumer tastes, and tight regulatory standards.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Computerized Imaging Reference Systems, Inc., Fluke Biomedical, IBA Dosimetry, Modus Medical Devices Inc., PTW Freiburg GmbH, Standard Imaging Inc., Sun Nuclear Corporation, The Phantom Laboratory Inc., Gammex Inc., Gold Standard Phantoms
Target Audience of the Global Radiation Therapy Quality Assurance (QA) Phantoms Market Report:
Key Market Players
Investors
Venture capitalists
Small- and medium-sized and large enterprises
Third-party knowledge providers
Value-Added Resellers (VARs)
Global market producers, distributors, traders, and suppliers
Research organizations, consulting companies, and various alliances interested in this sector
Government bodies, independent regulatory authorities, and policymakers
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Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., 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 Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Radiation Therapy Quality Assurance (QA) Phantoms Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2021 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Radiation Therapy Quality Assurance (QA) Phantoms market on the basis of product, application, and region:
Segments Covered in this report are:
Technology Outlook (Revenue: USD Million; 2020–-2028)
Linear Accelerators
Cobalt-60
High-Dose Radiation
Low-Dose Radiation
Therapy Outlook (Revenue: USD Million; 2020–-2028)
Photon Beam Radiation Therapy
Advanced 3-D Conformal Radiation Therapy
Image Guided Radiation Therapy
Intensity-modulated radiation therapy
Volumetric Modulated Arc Therapy
Intraoperative Radiotherapy
Neutron Beam Therapy
Application Outlook (Revenue: USD Million; 2020–-2028)
Prostate Cancer
Breast Cancer
Lung Cancer
Colorectal Cancer
Head and Neck Cancers
Skin Cancer
Other
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Further Key Findings in the Report:
In November 2020, PTW Freiburg GmbH (PTW) signed a distribution agreement with QRM GmbH. PTW became the sole global distributor of QRM's tissue-equivalent phantoms from to beginning of January 2021.
The Cobalt-60 segment in the global radiation therapy quality assurance (QA) phantoms market is expected to register a CAGR of 4.5% during forecast period. Cobalt-60 is primarily used to maintain the appropriate level of radiation and destroy malignant cells in tumor and cancer treatment.
The market in Europe accounted for second-largest revenue share of 25.0% in 2020. Key factors such as growing focus on medical technology and governmental support are supporting growth of the market in this region.
Additional information offered by the report:
Along with a complete overview of the global Radiation Therapy Quality Assurance (QA) Phantoms market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Radiation Therapy Quality Assurance (QA) Phantoms market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
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