Press Release

Surface Guided Radiation Therapy (SGRT) Devices Market to Grow with a CAGR of 10.04% Globally through 2028

Surge in research and development activities is expected to drive the Global Surface Guided Radiation Therapy (SGRT) Devices Market growth in the forecast period, 2024-2028.

According to TechSci Research report, “Surface Guided Radiation Therapy (SGRT) Devices Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Surface Guided Radiation Therapy (SGRT) Devices Market stood at USD 154.55 million in 2022 and is anticipated to grow with a CAGR of 10.04% in the forecast period, 2023-2028. Initiatives taken by government based on surface guided radiation therapy (SGRT) devices has led to favorable market conditions for the Global Surface Guided Radiation Therapy (SGRT) Devices Market. Several factors contribute to the growth of various surface guided radiation therapy (SGRT) devices products.

While specific government initiatives solely focused on Surface Guided Radiation Therapy (SGRT) devices may be lacking, it is important to note that there are broader governmental programs and policies in place that actively support the use and development of advanced medical technologies, including SGRT.

One such instance is the participation of government-backed clinical trials, which often incorporate innovative treatment methods like SGRT. An illustrative instance is the ongoing pilot study that aims to compare the effectiveness of SGRT alone versus SGRT with fiducials for breath-hold stereotactic body radiation therapy (SBRT) of the lung. This trial, supported by the esteemed U.S. National Institutes of Health, serves as a notable demonstration of the government's active involvement in advancing SGRT technology and its commitment to driving progress in the field.


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Research and development (R&D) activities have played a pivotal role in the advancement of new Surface Guided Radiation Therapy (SGRT) devices. These cutting-edge devices have been meticulously designed to overcome the limitations of their predecessors, boasting remarkable features such as enhanced accuracy, reduced treatment times, and heightened patient safety. The introduction of these state-of-the-art devices not only expands the product offerings within the SGRT devices market, but also ignites fierce competition, fostering an environment of innovation and propelling the overall growth of the market. With these groundbreaking advancements, the field of radiation therapy continues to evolve, paving the way for improved treatment outcomes and a brighter future for patients worldwide.

The Global Surface Guided Radiation Therapy (SGRT) Devices Market is segmented into device type, application, end user, regional distribution, and company.

Based on its device type, the fixed segment held the largest market share in the forecast period. In addition to their technological advantages, fixed SGRT (Surface Guided Radiation Therapy) devices are highly regarded for their exceptional durability and robustness. These innovative devices are meticulously designed to withstand heavy usage in busy healthcare settings, ensuring years of reliable performance. By offering long-term cost-effectiveness, fixed SGRT devices have become a favored choice among medical professionals. Their remarkable durability, coupled with their advanced features and unparalleled treatment precision, has led to their widespread adoption and recognition as a trusted solution in modern healthcare facilities.

Based on region, North America segment is expected to grow during the forecast period. 

North America boasts a highly developed healthcare infrastructure, characterized by a significant concentration of advanced hospitals and clinics. This robust infrastructure not only ensures widespread access to quality healthcare but also facilitates the seamless integration of cutting-edge technologies like SGRT devices. These advanced devices require specialized equipment and expertise, which are readily available in the region's healthcare ecosystem. The presence of such advanced technologies further enhances patient care, treatment outcomes, and overall healthcare delivery in North America.

Major companies operating in Global Surface Guided Radiation Therapy (SGRT) Devices Market are:

  • Vision RT Ltd.
  • C-RAD AB
  • Varian Medical Systems Inc
  • BrainLab AG
  • Klarity Medical
  • Mirion Technologies, Inc.
  • Elekta AB
  • Surface Imaging Solutions Limited
  • Civco Medical Instruments Co. Inc.
  • Accuray Inc


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“Growing application of surface guided radiation therapy (SGRT) devices in various end user industries are key drivers of the surface guided radiation therapy (SGRT) devices market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of surface guided radiation therapy (SGRT) devices with every passing year are anticipated to register an impressive grow to Global Surface Guided Radiation Therapy (SGRT) Devices Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Global Surface Guided Radiation Therapy (SGRT) Devices Market By Device Type (Portable and Fixed), By Application (Breast Cancer, Head & Neck Cancer, Abdominal & Pelvic Cancer, Dermatology, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Surface Guided Radiation Therapy (SGRT) Devices Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Surface Guided Radiation Therapy (SGRT) Devices Market.

 

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