PUBLISHER: TechSci Research | PRODUCT CODE: 1785324
PUBLISHER: TechSci Research | PRODUCT CODE: 1785324
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Global Surface Guided Radiation Therapy (SGRT) Devices Market was valued at USD 235.56 million in 2024 and is anticipated to project robust growth in the forecast period with a CAGR of 10.04% through 2030. The rise in the prevalence of cancer globally is one of the main factors driving the growth of the SGRT (Surface Guided Radiation Therapy) devices market. Advancements in technology have revolutionized radiation therapy by improving treatment accuracy, reducing the time required for treatment sessions, and minimizing damage to healthy tissues. These notable improvements have significantly contributed to the growing demand for SGRT devices.
Market Overview | |
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Forecast Period | 2026-2030 |
Market Size 2024 | USD 235.56 Million |
Market Size 2030 | USD 419.13 Million |
CAGR 2025-2030 | 10.04% |
Fastest Growing Segment | Portable |
Largest Market | Europe |
The future of the SGRT devices market looks highly promising, with continuous innovations and research driving further growth. As healthcare providers increasingly recognize the benefits of SGRT technology, its adoption is projected to expand. Additionally, as patients become more aware of the advantages associated with SGRT, the demand for these devices is expected to soar.
Key Market Drivers
Rise in Prevalence of Cancer
Cancer, one of the leading causes of death globally, continues to affect millions of individuals each year. Increasing incidence of cancer has led to a growing demand for innovative and effective treatment modalities, such as Surface Guided Radiation Therapy (SGRT).
SGRT devices offer a highly precise and non-invasive form of radiotherapy that minimizes damage to healthy tissues surrounding tumors. By utilizing advanced imaging and tracking technologies, SGRT enables real-time patient monitoring and movement tracking during radiation treatment. This level of precision and accuracy allows healthcare professionals to deliver precise radiation doses to the tumor while sparing healthy tissues, particularly beneficial in treating cancers located near critical organs.
The rising number of cancer cases and the need for more targeted and personalized treatments have driven the growth of the SGRT devices market. With ongoing research and technological advancements, SGRT devices have become an integral part of modern cancer treatment strategies. The ability to deliver radiation therapy with enhanced precision and efficiency has significantly improved patient outcomes and quality of life.
Key Market Challenges
Limited Awareness and Adoption of SGRT Devices
Despite the proven effectiveness of Surface Guided Radiation Therapy (SGRT) devices in enhancing the precision and accuracy of radiation therapy, there is still a significant lack of awareness and understanding among healthcare professionals and patients regarding this advanced technology. This lack of awareness can primarily be attributed to various factors.
The relatively recent introduction of SGRT devices has limited their widespread adoption and knowledge. Traditional radiation therapy methods have been dominant for a long time, and it takes time for new technologies to gain recognition and acceptance in the medical field.
The complexity of SGRT devices and the need for specialized training to operate them further contribute to the limited awareness and understanding among healthcare providers. The technical aspects and intricacies of SGRT devices require healthcare professionals to undergo specific training to ensure proper utilization and maximize the benefits of this technology.
The limited awareness directly impacts the adoption rate of SGRT devices, not only in developing countries with resource constraints but also in developed countries. Many hospitals and cancer research institutes, particularly those in resource-limited settings, still heavily rely on conventional radiation therapy methods due to the high cost associated with implementing and maintaining SGRT devices.
The need for specialized training and technical expertise to operate SGRT devices can pose challenges to their widespread adoption, especially in regions facing shortages of skilled healthcare professionals. The scarcity of trained personnel capable of operating and maintaining SGRT devices can hinder the integration and utilization of this advanced technology in healthcare facilities.
Despite the proven effectiveness of SGRT devices, the lack of awareness, the dominance of traditional methods, the complexity of the technology, and the need for specialized training and resources all contribute to the limited adoption and understanding of SGRT devices in the field of radiation therapy.
Key Market Trends
Growing Focus on Personalized Medicine
Personalized medicine, also known as precision medicine, is a revolutionary approach that seeks to optimize medical treatment based on the unique characteristics of each patient. By leveraging genetic or other biomarker information, healthcare providers can tailor preventative health care plans and therapies to the individual needs of patients.
In recent years, personalized medicine has gained significant traction in the healthcare industry, driven by remarkable advancements in genomics, proteomics, and metabolomics, as well as the development of targeted therapies. This paradigm shift towards personalized medicine has had a profound impact on the market for Surface Guided Radiation Therapy (SGRT) devices.
SGRT devices offer an unparalleled level of precision in radiotherapy, which plays a crucial role in the personalized treatment of cancer patients. By utilizing real-time imaging and monitoring, these devices empower healthcare professionals to administer radiation doses that are precisely tailored to the dimensions and location of a patient's tumor. This targeted approach minimizes the potential damage to surrounding healthy tissues, enhancing the overall efficacy and safety of radiation therapy.
In this report, the Global Surface Guided Radiation Therapy (SGRT) Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Surface Guided Radiation Therapy (SGRT) Devices Market.
Global Surface Guided Radiation Therapy (SGRT) Devices Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: