The global radiation therapy quality assurance (QA) phantoms market is expected to reach a market size of USD 36.4 Million by 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Quality check and assurance before delivering radiation treatment to a cancer patient is critical in order to maintain the radiation dose as prescribed by the doctor. Some major drivers fueling growth of the global market include enhancement of patient and machine quality assurance in radiation oncology, rising demand for tissue equivalent phantoms, and increasing number of cancer patients globally.
Dosimetry phantoms in radiation therapy treatment plays a vital role in ensuring the accuracy of a planned dose. Quality assurance phantoms are primarily used for calibration and characterization of delivery devices. Apart from that, phantoms are used for verifying distributions of modeled (planned) dose. Emerging economies are currently capable of providing better radiation treatment due to rapid advancements in medical technology.
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The report projects the market is anticipated to grow at a significant rate owing to rapid advancements and technological developments in the sector. The report offers strategic recommendations to businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others.
Some players analyzed in the report are:
Amano Enzyme Inc., Enzyme Bioscience Pvt. Ltd., DuPont, Royal DSM, Biocatalysts Ltd., Novozymes, Kerry Group, Associated British Foods PLC, Puratos Group, and Chr Hansen Holding A/S.
Key Highlights of Report
In November 2020, PTW Freiburg GmbH (PTW) signed a distribution agreement with QRM GmbH. PTW became the sole global distributor of QRM's tissue-equivalent phantoms from to beginning of January 2021.
The Cobalt-60 segment in the global radiation therapy quality assurance (QA) phantoms market is expected to register a CAGR of 4.5% during forecast period. Cobalt-60 is primarily used to maintain the appropriate level of radiation and destroy malignant cells in tumor and cancer treatment.
The market in Europe accounted for second-largest revenue share of 25.0% in 2020. Key factors such as growing focus on medical technology and governmental support are supporting growth of the market in this region.
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The report further divides the Radiation Therapy Quality Assurance (QA) Phantoms market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Radiation Therapy Quality Assurance (QA) Phantoms market.
Emergen Research has segmented the global radiation therapy quality assurance (QA) phantoms market based on technology, therapy, application, and region as follows:
Technology Outlook (Revenue: USD Million; 2020–2028)
Linear Accelerators
Cobalt-60
High-Dose Radiation
Low-Dose Radiation
Therapy Outlook (Revenue: USD Million; 2020–2028)
Photon Beam Radiation Therapy
Advanced 3-D Conformal Radiation Therapy
Image Guided Radiation Therapy
Intensity-modulated radiation therapy
Volumetric Modulated Arc Therapy
Intraoperative Radiotherapy
Neutron Beam Therapy
Brachytherapy
Application Outlook (Revenue: USD Million; 2020–2028)
Prostate Cancer
Breast Cancer
Lung Cancer
Colorectal Cancer
Head and Neck Cancers
Skin Cancer
Other
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Radiation Therapy Quality Assurance (QA) Phantoms Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Objectives of the Report:
Study of the global Radiation Therapy Quality Assurance (QA) Phantoms market size by key regions, types, and applications with reference to historical data (2017-2019) and forecast (2021-2028)
Industrial structure analysis of the Radiation Therapy Quality Assurance (QA) Phantoms market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Radiation Therapy Quality Assurance (QA) Phantoms market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Radiation Therapy Quality Assurance (QA) Phantoms market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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