Global Treatment Planning Software Market Overview:
The treatment planning software market is being driven by rising demand for innovative and successful cancer therapies around the world, as well as a rise in the number of cancer patients and their large spending budgets. Furthermore, the fact that the software is more reliable, quick, and effective, and provides advanced treatment with the aid of beam planning and automated calculations, propels market growth during the forecast period.
Growth Drivers
- Increase in the Number of Cancer Patients and a Sizable Expenditure Budget of Them
- Rising Demand for the Effective and More Advanced Cancer Treatment
Market Trends
- Continues Advancements in the Software
Roadblocks
- High Cost of the Software
Opportunities
- Increasing Popularity of the Proton Therapy for the Radiation Therapy
- High Demand from Emerging Market
Challenges
- Lack of Skilled Workforce to Plan and Operate the Software
Competitive Landscape:
Treatment planning software market is moderately competitive and consists of several major players. In terms of market share, few of the major players are currently dominating the market. And some prominent players are vigorously making acquisitions and joint ventures with other companies to consolidate their market positions across the globe.
Some of the key players profiled in the report are DOSIsoft SA (France), MIM Software Inc. (United States), RaySearch Laboratories (Sweden), Elekta AB (Sweden), Brainlab AG (Germany), IBA Worldwide ( Belgium), Accuray Incorporated (United States), VIEWRAY TECHNOLOGIES, INC. (United States), Varian Medical Systems, Inc. (United States), Institut Straumann AG (Switzerland) and Nobel Biocare Services AG (Switzerland). Additionally, following companies can also be profiled that are part of our coverage like CAMLOG Biotechnologies AG (Canada), medentis medical GmbH (Germany), BEGO Medical GmbH (Germany) and Dentsply Sirona (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Treatment Planning Software market by 2026. Considering Market by End User, the sub-segment i.e. Hospitals will boost the Treatment Planning Software market.
In Jan 2019, Philips announced a collaboration with imaging solutions provider MIM Software Inc. to improve radiation therapy treatment planning. With its integrated portfolio of CT and MR imaging systems and intelligent treatment planning software, Philips supports clinicians in making confident therapy decisions. MIM Software provides practical imaging, automation, and data analysis solutions to radiation therapy clinics worldwide.
What Can be Explored with the Treatment Planning Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Treatment Planning Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Treatment Planning Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Treatment Planning Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Treatment Planning Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Treatment Planning Software Provider, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.