Image Guided Radiotherapy Market Estimated To Record Highest CAGR By 2031

Mass technological transformation of the global healthcare industry has left key market participants struggling to traverse the complexities of medical and life sciences. Given the shifting dynamics of the global healthcare sector, pharma and biotech companies are taking measured efforts to improve patient outcomes in an effective manner, while keeping a careful watch on the bottom line.

Much is being said about Artificial Intelligence taking over manual back office and supply chain operations in the healthcare ecosystem, threatening to replace physicians from critical claims processing roles. This might put pressure on pharmaceutical companies to ensure readiness to the new technology.

Big data and analytics will drive patient outcomes in a big way, and the coming years will witness a growing emphasis on healthcare service providers in the business of gathering and processing patient health data.

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Creating outcome-oriented financial models to maximize reimbursements in value-based healthcare will be a strategic shift from the traditional fees-for-services model. This implies that pharmaceutical companies will need to devise appropriate measures to optimize costs and improve the quality of patient care.

Market Overview

Image Guided Radiotherapy (IGRT) is any imaging at the pre-treatment and treatment that prompts an activity that can improve or check the precision of radiotherapy. IGRT encompasses a wide scope of techniques extending from simple visual field arrangement checks, through to the more complex volumetric imaging that permits direct visualization of the radiotherapy target volume.

Image Guided Radiotherapy includes the utilization of various scans and X-rays to treat an area of malignant growth. Image Guided Radiotherapy (IGRT) shape the radiotherapy shafts around the area of the malignant tissue. It utilizes X-rays and scans similar CT scans previously and during the radiotherapy treatment. It improves the accuracy and precision of treatment delivery.

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Image Guided Radiotherapy market: Segmentation

Image Guided Radiotherapy market has been segmented on basis of device type, technology, Application and end user.

• Segmentation of Image Guided Radiotherapy market on basis of devices:
  • X-ray computed tomography
    • digital X-ray
    • computed tomography (CT)
    • conventional CT
    • optical tracking
    • cone beam
    • MVCT
    • Others
  • magnetic resonance imaging (MRI)
  • positron emission tomography
  • Others
• Segmentation of Image Guided Radiotherapy market on basis of technology:
  • radiation-based System
    • electronic portal imaging devices (EPID)
    • cone beam CT
    • Fan beam
    • Others
  • non-radiation based systems
    • ultrasound-based systems,
    • camera-based or optical tracking systems
    • MRI-guided IGRT
    • Others
• Segmentation of Image Guided Radiotherapy market on basis of Application:
  • Radiographic imaging
  • Fluoroscopic imaging
  • Tomographic imaging
  • Functional/molecular imaging
• Segmentation of Image Guided Radiotherapy market on basis of end user:
  • Hospitals
  • Research institute
  • Cancer centers
  • Others

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Image Guided Radiotherapy market: Key players

Major players in Image Guided Radiotherapy market are

• ViewRay
• General Electric Company
• Hitachi, Ltd.
• Siemens AG
• Koninklijke Philips N.V.
• TOSHIBA CORPORATION
• Varian Medical Systems, Inc
• Vision RT Ltd.
• Scranton Gillette Communications
• XinRay Systems, C-RAD

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