NEW YORK, Aug. 31, 2020
- Rising occurrence of cancer is one of the significant factors influencing the market growth.
- Market Size – USD 90.6 Million in 2019, Market Growth - CAGR of 4.3%, Market Trends – Increasing investment in cancer research
NEW YORK, Aug. 31, 2020 /PRNewswire/ -- The global fiducial markers market is expected to reach USD 127.3 Million by 2027, according to a new report by Reports and Data. Fiducial markers find usage in image-guided radiotherapy procedures, where the placement of the markers is by modalities such as computed tomography (CT) or ultrasound, among others, and may encompass the application of an endoscope. Fiducial markers assist in precisely locating a tumor, thereby allowing the radiologist or a team of radiologists to provide the maximum radiation dosage to the tumor while mitigating the dose radiation imparted to healthy tissue in the vicinity.
The growing prevalence of cancer is a significant factor in driving the fiducial markers market growth. Cancer has a significant impact on global society, including the US. Detection of the disease at an early stage significantly increases the chances of survival. Creating awareness to encourage early diagnosis and screening are the crucial steps responsible for early detection of the disease. Identifying likely warning symptoms of the disease and taking rapid measures is necessary for early diagnosis. Greater awareness of probable symptoms of cancer amongst physicians, nurses, and other healthcare providers, as well as the general public, would positively impact cancer survival rate and hence would be instrumental in increasing the market demand. The American Cancer Society estimates that in 2020, over 1.8 million individuals are likely to be diagnosed with cancer, of which various patients would require a blood transfusion, occasionally on a daily basis.
Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/3471
Additionally, a growing inclination towards fiducial markers in stereotactic radiosurgery is of significant importance in propelling the market growth. Stereotactic surgery is a form of minimally invasive surgical technique used to treat functional defects and small tumors of the brain. This minimally invasive surgery is meant especially for those patients having tumors and abnormalities that are hard to reach, subject to movement within the body, or located close to vital organs and anatomic regions.
As the global economies are experiencing the negative impact of the Covid-19 pandemic, organizations are suffering losses, among various other challenges. Still, firms in the pharmaceutical industry are crucial in combatting the pandemic and are registering positive growth in the backdrop of the contagious disease and the race for gaining treatment approval therapy. Patients presently taking cancer therapy or individuals with active cases may possess different risk profiles associated with contracting COVID-19 and peril of complications arising out of infection from the virus. Cancer patients may suffer from an impaired immune system based on type, treatment approach, age, and various other health-related factors, thereby creating a growing demand for fiducial markers.
To identify the key trends in the industry, click on the link below:
Further key findings from the report suggest
For the purpose of this report, Reports and Data have segmented the global fiducial markers market on the basis of type, modalities, application, end-user, and region:
Type Outlook (Revenue, USD Million; 2017-2027)
Modalities Outlook (Revenue, USD Million; 2017-2027)
Application Outlook (Revenue, USD Million; 2017-2027)
End-User Outlook (Revenue, USD Million; 2017-2027)
Regional Outlook (Revenue, USD Million; 2017-2027)
Have a Look at Similar Research Reports:
Hormone Refractory Prostate Cancer (HRPCA) Market - Castration-Resistant Prostate Cancer or Hormone Refractory Prostate Cancer (HRPCA), a type of prostate cancer that generally recurs after administering androgen deprivation therapy, is gaining high relevance in the prostate cancer market.
Radiotherapy Motion Management Market - This makes it necessary to create a system which can control or manage the movement of the tumor at the time of treatment. These radiotherapy motion management systems are products used for management of tumor movements during the therapy.
Non-Small Cell Lung Cancer Market - Non-small cell lung cancer accounts for approximately 85% of all lung cancers. The rise in the number of people suffering from non-small cell lung cancer is one of the major factors driving the global non-small cell lung cancer drugs market growth.
Breath Analyzer Market - The global breath analyzer market is driven by different factors such as surge in the number of alcohol consumers globally.
Ultrasound Market - The use of ultrasound with existing customer bases is expanding, owing to the low cost associated with it, or radiation-free alternative to other imaging such as CT and MRI are driving market demand.
Breast Cancer Therapy Market - Breast cancer is a tumour that develops in the mammary tissue. Generally, a lump is seen in the breast; symptoms include a change in the breast shape, fluid coming from the nipple, a newly-inverted nipple, or a red or scaly patch of skin.
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
LinkedIn | Twitter | Blogs
Read full Press Release at : https://www.reportsanddata.com/press-release/global-fiducial-markers-market