Internal Radiation Therapy - Worldwide

Internal Radiation Therapy Market Definition

The internal radiation therapy market refers to a type of radiation therapy in which a radioactive substance is sealed inside materials that can be implanted in various pellets, seeds, ribbons, wires, needles, and capsules and placed inside the body, directly into or near a tumor or within a body cavity. Internal radiation therapy is often used to treat cancers of the head and neck, breast, cervix, prostate, and eye. The growth of the radiotherapy market is driven by several factors, such as rising cancer incidence, technological advancements, increasing awareness about the benefits of radiotherapy, rising healthcare expenditure, and growing use of particle therapy for cancer treatment.

The fast-growing market also faces some restraints that can hinder its growth, which include expensive equipment, high cost of instruments and therapy, side effects, and lack of trained technicians in developing countries. Also, concerns over potential radiation side effects restrict patient acceptance. Despite this, developing economies of the world, like India and China, hold immense market potential for radiation therapy as there is an acute shortage of radiation therapy centers in the Asia Pacific region. As a result, there is substantial scope for growth in emerging economies for players in the internal radiation therapy market.