Treatment Planning Systems and Advanced Image Processing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
A newly released market analysis report by Fairfield Market Research reveals that global sales of Treatment Planning Systems and Advanced Image Processing Market reached US$ 1.9 billion in 2024 and is expected to accumulate a market value of US$ 4.1 billion by 2031.
Driving Factors for Treatment Planning Systems and Advanced Image Processing Demand
The increasing incidence of cancer worldwide, coupled with the integration of cutting-edge technologies such as artificial intelligence and machine learning in cancer treatment, is expected to boost the global demand for treatment planning systems and advanced image processing. The growing use of radiation therapy and software systems in treatment planning will be key drivers of growth in this market.
Given the high mortality rate associated with cancer, new therapeutic approaches are being developed to reduce cancer-related deaths. Radiation therapy is a commonly used treatment for cancer patients, with approximately half of them receiving it. As the demand for radiotherapy continues to rise, advanced radiation centers are emerging worldwide.
Region-wise Analysis: North America Leads the Way
North America leads the Treatment Planning Systems and Advanced Image Processing market, accounting for over 35% of total revenue. The region's market growth is driven by rapid advancements in healthcare infrastructure, increased healthcare spending, and the rising incidence of cancer globally. The availability of modern medical facilities, oncology research centers, rising disposable income, and an established reimbursement structure further contribute to market expansion in North America.
U.S. Market Analysis
In the United States, where there were approximately 2.2 million new cases of cancer and 0.6 million deaths in 2020, cancer mortality has been steadily declining due to advancements in therapy and early cancer detection. This has led to a sustained demand for treatment planning systems and advanced image processing.
Japan Market Analysis
Japan's treatment planning systems and advanced image processing market are expected to experience significant growth, with a notable Compound Annual Growth Rate (CAGR) and a substantial absolute dollar opportunity during the forecast period.
South Korea Market Analysis
The treatment planning systems and advanced image processing market in South Korea are expected to witness consistent growth between 2024 and 2033, with a promising CAGR and a significant absolute dollar opportunity.
Competitive Landscape Analysis
To meet market demand, companies are introducing new systems and forming partnerships. For instance, in July 2020, Terumo Europe launched Q-SuiteTM, specialized dosimeter software beneficial in the treatment planning of Selective Internal Radiation Therapy (SIRT). 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.
As the global Treatment Planning Systems and Advanced Image Processing market continues to grow, consumers can expect increasingly advanced and effective solutions in the field of cancer treatment.
Key Companies Mentioned:
• Accuray Incorporated
• Elekta
• Koninklijke Philips NV
• RaySearch Laboratories
• Varian Medical Systems
• Brainlab
• Prowess
• DOSIsoft SA
• Viewray
• MIM Software
Market Segments Covered in Treatment Planning Systems and Advanced Image Processing Market Analysis
By Component Type
• Treatment Planning Software
• Advanced Image Processing Software
By Technique
• 3D Image Reconstruction
• In-Room Imaging
• Image Registration using Graphics Processor Unit
By Application
• Adaptive Radiotherapy
• Online Monitoring
• Tracking
• Dose Accumulation
• Validation of Image Registration
By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
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