U.S. Brachytherapy Market Size & Outlook, 2020-2028

The brachytherapy market in the United States is expected to reach a projected revenue of US$ 544.0 million by 2028. A compound annual growth rate of 6.6% is expected of the United States brachytherapy market from 2021 to 2028.
Revenue, 2020 (US$M)
$327.3
Forecast, 2028 (US$M)
$544.0
CAGR, 2021 - 2028
6.6%
Report Coverage
U.S.

U.S. brachytherapy market highlights

  • The U.S. brachytherapy market generated a revenue of USD 327.3 million in 2020 and is expected to reach USD 544.0 million by 2028.
  • The U.S. market is expected to grow at a CAGR of 6.6% from 2021 to 2028.
  • In terms of segment, high-dose rate (hdr) brachytherapy was the largest revenue generating dosage type in 2020.
  • High-Dose Rate (HDR) Brachytherapy is the most lucrative dosage type segment registering the fastest growth during the forecast period.


Brachytherapy market data book summary

Market revenue in 2020USD 327.3 million
Market revenue in 2028USD 544.0 million
Growth rate6.6% (CAGR from 2020 to 2028)
Largest segmentHigh-dose rate (hdr) brachytherapy
Fastest growing segmentHigh-Dose Rate (HDR) Brachytherapy
Historical data2017 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationHigh-Dose Rate (HDR) Brachytherapy, Low-Dose Rate (LDR) Brachytherapy
Key market players worldwideSiemens Healthineers AG ADR, Becton Dickinson & Co, Elekta AB ADR, Icad Inc, Roper Technologies Inc, Ustar, IsoRay, Eckert & Ziegler Bebig SA


Other key industry trends

  • In terms of revenue, U.S. accounted for 41.5% of the global brachytherapy market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In North America, U.S. brachytherapy market is projected to lead the regional market in terms of revenue in 2028.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 55.5 million by 2028.

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Brachytherapy Market Companies

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U.S. brachytherapy market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to brachytherapy market will help companies and investors design strategic landscapes.


High-dose rate (hdr) brachytherapy was the largest segment with a revenue share of 71.4% in 2020. Horizon Databook has segmented the U.S. brachytherapy market based on high-dose rate (hdr) brachytherapy, low-dose rate (ldr) brachytherapy covering the revenue growth of each sub-segment from 2017 to 2028.


U.S brachytherapy market is expected to grow with a CAGR of 3.9%. Introduction of new and innovative technologies is expected to fuel the market growth.

For instance, In June 2018, IsoRay, Inc. launched its new Build-Blu delivery system for prostate brachytherapy. It is the first disposable and affordable delivery system for personalized Cesium-131 treatment.

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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. brachytherapy market , including forecasts for subscribers. This country databook contains high-level insights into U.S. brachytherapy market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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U.S. brachytherapy market size, by dosage type, 2017-2028 (US$M)

U.S. Brachytherapy Market Outlook Share, 2020 & 2028 (US$M)

U.S. brachytherapy market size, by dosage type, 2017-2028 (US$M)

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