The global superficial radiation therapy (SRT) system market is expected to reach a valuation of USD 43.3 million in 2022, with a CAGR of 3.8% over the forecast period. This positive growth trajectory highlights the increasing demand for non-invasive treatment options in cancer care, particularly in the treatment of superficial tumors and skin conditions. Superficial radiation therapy offers a highly targeted approach, delivering radiation directly to surface-level tumors while minimizing damage to surrounding healthy tissue.
The rising prevalence of skin cancer, coupled with advancements in radiation therapy technology, is driving the adoption of superficial radiation therapy systems. SRT is increasingly being recognized as an effective treatment option for non-melanoma skin cancers such as basal cell carcinoma and squamous cell carcinoma. Its ability to provide precise, localized treatment makes it an appealing choice for patients seeking alternatives to surgery or traditional radiation therapy.
As healthcare providers look for more effective, less invasive treatments, the demand for SRT systems is expected to rise steadily. Additionally, the ongoing development of advanced technologies in SRT devices, such as improved dosimetry and treatment planning systems, is contributing to greater clinical confidence and wider adoption of these systems in medical settings.
Key Takeaways:
- The global superficial radiation therapy system market is projected to reach USD 43.3 million in 2022, growing at a CAGR of 3.8%.
- Skin cancer treatments, particularly for non-melanoma types, are driving the growth of superficial radiation therapy systems.
- Technological advancements in SRT devices, such as improved accuracy and treatment planning, are enhancing market adoption.
- Non-invasive therapy options and the increasing demand for targeted treatments are key factors fueling the growth of the SRT market.
Competitive Landscape
Companies operating in the superficial radiation therapy system market are fragmented by nature, with a presence of few players. These players are involved in a number of strategic alliances. The agreement and system automation accelerates the manufacturer’s strategy to capitalize on the market share and capture the significant share of market.
Some of the recent instances include:
- In Nov 2021, Sensus Healthcare started taking educational program involving dermatologist in order to educate patients on different skin cancer treatments.
Key Companies Profiled
Sensus Healthcare; Xstrahl Limited
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Superficial Radiation Therapy System Market By Category
By Product Type :
- Superficial Radiation Therapy Systems
- Software
By Application :
- Basal Cell Carcinoma
- Squamous Cell Carcinoma
- Keloid scars
- Psoriasis
- Kaposi Sarcoma (Plaque Stage)
- Bowen’s Disease
- Cutaneous T-cell Lymphoma
- Soft Tissue Metastases
By End User :
- Hospitals
- Ambulatory Surgical Centers
- Cancer Research Institutes
- Dermatology Centers
By Region :
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle-East & Africa
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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