Market Insights on Automated Contouring Radiotherapy Software covering sales outlook, demand forecast & up-to-date key trends
The global market for Automated Contouring Radiotherapy Software is driven by the increasing adoption rate for radiotherapy procedures. The number of cancer patients globally by every passing year is growing. However, 40% of the population fails to receive a proper treatment due to high cost and accessibility. Healthcare bodies are providing different resources in order to omit the rise in cases of oncology, whereas low and middle economy countries are coming with an upfront investment in order to provide aid to the society.
Automated contouring radiotherapy software is completely dependent on the type of radiotherapy device used, and with high incidence of oncological cases observed the demand for automated contouring radiotherapy software is increasing. Also, increasing government funding for research in advanced medical treatment with concern to safety of patients is expected to drive the revenue growth of global automated contouring radiotherapy software market.
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Considerable Impact on Current Practices
Several reasons state that manual contouring is an error-prone subject to both inter and intra participants. The modern technology-based models working on the new conformal radiation techniques, such as intensity modulated radiotherapy to proton beam radiation therapy (PBRT), are observing a shift towards use of compatible automated contouring radiotherapy software. The changes taking place throughout the course need a practice of a week or more to account each detail such as dosage delivered and constant observations made by the manual labor involved in the procedure.
The scope of errors is reduced with the incipient of modern automated contouring radiotherapy software in the healthcare sector. Besides the abovementioned gaps in the healthcare sector and the fact that there are radiation therapies covering a part large of the sector, the automated software provides a routinely defined high level of automation and improved patient outcomes. The effective approach provided by the automated contouring radiotherapy software provides a considerable impact on the older practices, which require more time and space.
Majorly used By the End-User Segment
Hospitals pose a strong position in the market as the in-house departments in hospitals are majorly focused on radiotherapy procedures. The rising healthcare concerns and changing governmental regulations to minimize the errors in the treatment have resulted in high penetration of the automated contouring radiotherapy software for the radiotherapy devices, which provides an easier and efficient approach to diagnose oncological cases.
However, continuing growth of homecare settings to reduce the hospital stay and cost containment is expected boost the growth of the automated contouring radiotherapy software market in the respective clinics for an efficient approach. Further, rising awareness among the end users to increase the patient compliance is expected to boost the growth of the automated contouring radiotherapy software market.
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Regional Market Outlook
North America continues to dominate the global market for automated contouring radiotherapy software market due to the high penetration of the automated contouring radiotherapy software among the end users and more number of radiotherapy courses. Europe is expected to hold the second large market share in global automated contouring radiotherapy market due growing awareness regarding the need of the treatment.
Asia Pacific (exc. Japan and China) due to its high population density, translating into more absolute need for radiotherapy treatments and is observed to be the market to grow majorly. Separate growth of regional industries provides a broader outlook of the market.
Competition Outlook
Examples of some of the players identified in the global automated contouring radiotherapy software market are as follows:
Small-Scale Manufacturers/Providers
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Large-Scale Manufacturers/Providers
Market Segmentation:
By End user
By Region
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market
Jul 14, 2023