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Home ➤ Life Science ➤ Diagnostics ➤ Treatment Planning Systems And Advanced Image Processing Market
Treatment Planning Systems And Advanced Image Processing Market

Treatment Planning Systems And Advanced Image Processing Market

Published date: Nov 2021 • Formats:
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  • Home ➤ Life Science ➤ Diagnostics ➤ Treatment Planning Systems And Advanced Image Processing Market

Treatment Planning Systems And Advanced Image Processing Market By Component (Advanced Image Processing Software, Treatment Planning Software), By Technique (3D Image Reconstruction, In-Room Imaging, Image Registration using Graphics Processor Unit), By Application (Adaptive Radiotherapy, Online Monitoring, Tracking, and Other Applications), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

  • Published date: Nov 2021
  • Report ID: 73447
  • Number of Pages: 262
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
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    Treatment Planning Systems And Advanced Image Processing Market Overview:

    The Treatment Planning Systems And Advanced Image Processing Market are projected to reach a valuation of USD 4.09 Bn by 2032 at a CAGR of 8.3%, from USD 1.7 Bn in 2021.

    The rapid increase in cancer prevalence across the globe is fueling the demand for innovative and accurate oncology treatment practices. Evolving healthcare IT sector with supportive infrastructure, a rise in the adoption of Artificial Intelligence (AI) and Machine Learning (ML) with existing oncology processes, surging investments being made towards the improvement of oncology treatment and care segments, as well as the anticipated spike in the demand for innovative treatment solutions are all crucial elements that are slated to have a profound influence on the market growth prospects of this global industry.

    The increasing prevalence of cancer, as well as the exponential spike in the number of cancer-related mortalities, both on a global and regional level, is extremely alarming. The Global Cancer Observatory estimated that in 2020, approximately 19.3 million new cancer cases were diagnosed globally, and 10 million cancer-related mortalities were recorded.

    At the top of this list were breast cancer (11.7%) and lung cancer (11.4%). It is estimated that by 2040 more than 28.4 million new cancer cases would be diagnosed annually with a rise of 47% from 2020. This unfortunate increase in these aforementioned numbers is expected to boost the demand for innovative treatment practices in the field of oncology.

    A rise in the prevalence is slated to increase the demand for an accurate diagnosis to subsequently support adequate treatment plans. Additionally, radiotherapy is steadily gaining popularity as a prominent and cost-effective treatment option.

    treatment planning systems and advanced image processing market

    Detailed Segmentation

    This market is categorized on the basis of Component, Technique, Application, and Region.

    By Component

    • Advanced Image Processing Software
    • Treatment Planning Software

    By Technique

    • 3D Image Reconstruction
    • In-Room Imaging
    • Image Registration using Graphics Processor Unit

    By Application

    • Adaptive Radiotherapy
    • Online Monitoring
    • Tracking
    • Dose Accumulation
    • Validation of Image Registration

    By Region

    • North America
    • Europe
    • Asia-Pacific
    • South America
    • The Middle East and Africa

    Market Dynamics

    The treatment planning software segment accounted for the largest revenue share of 87.5% in 2020. This spike in economic growth is due to the increase in the global prevalence of cancer, as well as a spike in the demand for advanced accurate oncology therapy solutions.

    Treatment planning software is being widely adopted due to increased awareness concerning its efficiency in the treatment of cancer using radiotherapy. This software solution includes a wide array of tools for radiation therapy practices and serves radiologists with a significant dose of distribution data, tissue energy level penetration, and beamline navigation to minimize collateral damage.

    Additional factors attributable to its large market share are increasing public-private partnerships, promoting advancements in healthcare infrastructure, as well as improving awareness levels regarding the benefits of software solutions over conventional practices.

    Revenues for the advanced image processing software sub-segment are expected to grow at an exponential rate over the forecast period. Medical imaging software is considered one of healthcare’s fastest-growing segments, inclusive of multiple image modalities. These software solutions are readily available as open-source or paid customized sources.

    Although the global demand for radiology services is increasing, the rate of trained radiologists is barely keeping up at half that pace. Therefore, this shortage of trained personnel is expected to boost the demand for advanced image processing solutions accordingly.

    treatment planning systems and advanced image processing market company share analysis

    Key players:

    • Brainlab AG
    • Elekta AB
    • Philips Healthcare
    • RaySearch Laboratories
    • Varian Medical Systems
    • Accuray Incorporated
    • Prowess Inc.
    • DOSIsoft SA
    • ViewRay Inc.
    • MIM Software Inc.

    Recent Developments

    • Accuray announces agreement with Brainlab to expand CyberKnife® platform treatment capabilities for the Neuro-Radiosurgery Market
    • Philips and Elekta signed agreements to deepen their existing strategic partnership to advance comprehensive and personalized cancer care through precision oncology solutions.
    • Elekta’s MR-Linac Consortium is opening up new frontiers in cancer treatment through the collaborative development of Biological Image-Guided Adaptive Radiotherapy (BIGART)
    • Elekta offers ongoing innovation in precision radiation medicine
    • Elekta Harmony Radiation Therapy System Receives FDA Approval
    • Philips Introduces the new Spectral CT 7500 as Workhorse Scanner With Spectral Data on Every Scan
    • Philips SmartCT enables 3D image acquisition in their Cath lab
    • Philips highlights its expanding enterprise imaging informatics portfolio at RSNA20
    • RayCare 5A brings new features for radiation therapy management
    • RaySearch expands Its partnership With Canon Medical Systems USA
    • Varian and Google Cloud Collaborate to aid in the fight against cancer

    For the Treatment Planning Systems And Advanced Image Processing Market research study, the following years have been considered to estimate the market size:

    Attribute Report Details

    Historical Years

    2016-2020

    Base Year

    2021

    Estimated Year

    2022

    Short Term Projection Year

    2028

    Projected Year

    2023

    Long Term Projection Year

    2032

    Report Coverage

    Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.

    Regional Scope

    North America, Europe, Asia-Pacific, South America, Middle East & Africa

    Country Scope

    United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa

    Treatment Planning Systems And Advanced Image Processing Market
    Treatment Planning Systems And Advanced Image Processing Market
    Published date: Nov 2021 • Formats:
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    • Brainlab AG
    • Elekta AB
    • Philips Healthcare
    • RaySearch Laboratories
    • Varian Medical Systems
    • Accuray Incorporated
    • Prowess Inc.
    • DOSIsoft SA
    • ViewRay Inc.
    • MIM Software Inc.
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