Global Treatment Planning Systems and Advanced Image Processing Market Growth Analysis 2022

Posted by sandeep gade on December 6th, 2022

 A newly released Treatment Planning Systems And Advanced Image Processing Market analysis report by Persistence Market Research shows that global sales of Treatment Planning Systems And Advanced Image Processing Market in 2021 were held at US$ 1.6 Bn. With 10.1%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth. Advanced Image Processing Software is expected to be the highest revenue-generating category, projected to grow at a CAGR of 10.1% CAGR 2022 – 2032.

As per the Treatment Planning Systems and Advanced Image Processing Market research by Persistence Market Research - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Treatment Planning Systems and Advanced Image Processing Market increased to around 8.1% CAGR. During the forecast period, the market is projected to register an absolute dollar opportunity of US$ 2.8 Bn.

The demand for new and precise oncology treatment procedures is growing in response to the fast rise in worldwide cancer prevalence. The market is being driven by changing healthcare IT sector with supportive infrastructure, rapid demand for Artificial Intelligence (AI) and Machine Learning (ML) in cancer treatment methods, greater investment in oncology treatment and care segments, and increased improvement of new treatment solutions. The increasing growth in the worldwide and regional rate of cancer and cancer-related deaths is concerning global healthcare authorities.

Companies have introduced new systems and formed partnerships in order to meet market demand. In July 2020, Terumo Europe released Q-SuiteTM, Holmium-166 specialized dosimeter software. This innovative program has been shown to be beneficial in the treatment planning of Selective Internal Radiation Therapy (SIRT). Some of the key players in the market include Accuray Incorporated, Elekta, Koninklijke Philips NV, RaySearch Laboratories, Varian Medical Systems, Brainlab, Prowess, DOSIsoft SA, Viewray, and MIM Software.

Some of the recent developments for Treatment Planning Systems and Advanced Image Processing Market are:

•          In May 2022, The Netherlands Cancer Institute and Elekta together announced that they are working to create the next generation of radiation technologies. The Netherlands Cancer Institute, a major Dutch holistic cancer center, has announced a ten-year strategic collaboration and R&D agreement to provide patients with cutting-edge treatment for cancer and cooperate on creating the very next generation of radiation therapy options.

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