The market posted significant gains in the past, valued at over US$ 300 million in 2019. According to the International Agency for Research on Cancer, 1 in 5 people develop cancer during their lifetime, with breast cancer topping the list (~25%). Simultaneously, incidence of prostate and cervical cancer is also rising, prompting patients to seek powerful radiation treatment.
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Consequently, radiation proctitis incidence has also surged, with studies advocating that external beam radiation causing incidence rates to vary anywhere between 2% to 39%, while intensity modulated radiation therapy (IMRT) incidence rates vary from 1% to 9%. Hence, prominent manufacturers are introducing a plethora of oral and surgical treatment approaches, with specific emphasis on anti-inflammatory drug production and hyperbaric oxygen therapy (HBOT).
Key Takeaways from Market Study
- By indication, acute radiation proctitis treatment remains dominant, with chronic radiation proctitis treatment to expand swiftly
- Anti-inflammatory drug-based oral therapy to remain the most preferred treatment for radiation proctitis
- Incorporation of hyperbaric oxygen therapy to fuel radiation proctitis treatment prospects across the U.S.
- The market in the U.K. experiencing high growth amid increasing cervical cancer treatment procedures
- Broadening cancer research funding to bolster sales of radiation proctitis treatment solutions in the German market
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Key Market Segments
- Indication
- Acute Radiation Proctitis
- Chronic Radiation Proctitis
- Therapy
- Oral Therapy
- Antidiarrheal
- Anti-inflammatory Agents
- Others
- Ablative Procedures
- Hyperbaric Oxygen Therapy
- Formalin
- Surgery
- Oral Therapy
- Region
- North America (US and Canada)
- Latin America (Brazil, Mexico and Rest of LATAM)
- Europe (Germany, UK, France, Spain, Italy and Rest of Europe)
- Asia-Pacific (Japan, China, India, Australia & New Zealand and Rest of APAC)
- Middle East & Africa (GCC, South Africa and Rest of MEA)
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The report covers following Radiation Proctitis Treatment Market insights and assessment that are helpful for all participants involved in the Radiation Proctitis Treatment Market:
- Data on recently introduced regulations and their impact on key industries and on demand in Fortified Wine Market
- Latest industry Radiation Proctitis Treatment Market with key analysis of market drivers, trends, and influencing factors
- Key trends Analysis of Radiation Proctitis Treatment Market and changing consumer preferences in major industries.
- Changing Radiation Proctitis Treatment Market demand and consumption of diverse products
- Major trends underlining funding by key investors in numerous countries
- New investment opportunities in diverse technology and product or service types
- Comprehensive data and Competitive analysis of Radiation Proctitis Treatment Market major players
- Radiation Proctitis Treatment Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Radiation Proctitis Treatment Market demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
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