Home Press Releases Treatment Planning Systems and Advanced Image Processing Market Size Worth $2.93 Billion By 2028 | CAGR: 7.9%

Treatment Planning Systems and Advanced Image Processing Market Size Worth $2.93 Billion By 2028 | CAGR: 7.9%

The global treatment planning systems and advanced image processing market size is expected to reach USD 2.93 billion by 2028 according to a new study by Polaris Market Research. The report “Treatment Planning Systems and Advanced Image Processing Market Share, Size, Trends, Industry Analysis Report, By Component; By Technique; By Application; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increasing cases of cancer and the increased adoption of radiotherapy in cancer treatment are the main driving forces behind the growth of the global market. Artificial intelligence and machine learning inpatient management solutions will further propel the planning systems and advanced image processing market growth over the forecast period.

 

Cancer cases across the globe have seen a rapid increase in recent years. China alone accounted for nearly 4.7 million cancer cases, approximately a quarter of the cancer cases diagnosed globally. India, too, accounted for 1.39 million new cases in 2020. The numbers are expected to reach 28.4 million new cancer cases per year by 2040. The increasing instances favor the growth of planning systems and the advanced image processing market over the coming years.

 

The number of radiotherapy centers is increasing globally due to the increased adoption of radiotherapy in cancer care. It is employed in 50% of cancer patients and is the most critical form of cancer therapy, chemotherapy, and surgeries. Radiotherapy centers have seen 17% growth in the past decade.

 

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The use of ML and AI and inpatient management solutions will provide an excellent opportunity for the growth of this market in the forecast period. Varian and Google Cloud recently collaborated to develop an advanced artificial intelligence (AI) based diagnostic platform in April 2021. Under the collaboration, Neural Architecture Search (NAS) technology and Google Cloud AI Platform will be used to develop AI models for organ segmentation which is a crucial step in radiation oncology.

 

The funding to develop patient management solutions has also increased, and recently, in January 2021, OncoLens received USD 7.3 million Series A investment that will be used to develop further its pioneering tumor board and cancer treatment planning software solutions.

 

COVID-19 pandemic is anticipated to have minimal effect on the growth of the global market as hospitals are providing cancer treatments even during the lockdown imposed in many parts of the world. Cancer care is considered critical since any delay in cancer treatment will deteriorate the situation of the patient and will increase the rate of mortality. Hence even with the shortage of staff and healthcare infrastructure, hospitals are continued to provide treatment for chronic illness.

 

Industry participants such as Elekta, Koninklijke PHILIPS N.V., Accuray Incorporated, Varian Medical Systems, Brainlab, RaySearch Laboratories, DOSIsoft SA, MIM Software Inc., MIM Software Inc., and Prowess Inc., are some of the key players operating in the global planning systems and advanced image processing market.

 

Polaris Market research has segmented the treatment planning systems and advanced image processing market report on the basis of component, technique, application, and region:

 

Treatment Planning Systems and Advanced Image Processing, Component Outlook (Revenue – USD Million, 2016 – 2028)

  • Advanced Image Processing Software
  • Treatment Planning Software
    • Auto-contouring software
    • Multi-modality software
    • PET/CT deformable software
    • Dicom-rt software

Treatment Planning Systems and Advanced Image Processing, Technique Outlook (Revenue – USD Million, 2016 – 2028)

  • 3D Image Reconstruction
  • In-Room Imaging
  • Image Registration using Graphics Processor Unit (GPU)

Treatment Planning Systems and Advanced Image Processing, Application Outlook (Revenue – USD Million, 2016 – 2028)

  • Adaptive Radiotherapy
  • Online Monitoring
  • Tracking
  • Dose Accumulation
  • Validation of Image Registration

Treatment Planning Systems and Advanced Image Processing, Regional Outlook (Revenue – USD Million, 2016 – 2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Austria
    • Netherlands
  • Asia Pacific
    • China
    • Japan
    • India
    • Indonesia
    • Malaysia
    • South Korea
  • Latin America
    • Brazil
    • Argentina
    • Mexico
  • Middle East & Africa
    • Israel
    • Saudi Arabia
    • South Africa
    • UAE

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