About Molecular Radiotherapy Dosimetry
Molecular radiotherapy dosimetry is the combination of measurement and calculation of the absorbed dose of ionizing radiation in malignant tissue, which would give a contrasting outlook in comparison to absorption done by healthy tissue. Molecular radiotherapy dosimetry is usually prescribed fixed therapy adjusted for body mass. Molecular radiotherapy dosimetry therapy is for cancer, benign diseases, and malignant diseases. Additionally treatment decisions for bone metastases are carried by molecular radiotherapy dosimetry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.3% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through new development, expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Molecular Radiotherapy Dosimetry market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
MIM Software Inc. (United States), DOSIsoft SA (France), Novartis International AG (Switzerland), Mirada Medical Ltd (United Kingdom), Ashland (United States), Sirtex Medical (Australia), mirada medical ltd (United Kingdom) and Elekta (Sweden) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Molecular Radiotherapy Dosimetry market by and Region.
On the basis of geography, the market of Molecular Radiotherapy Dosimetry has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End users, the sub-segment i.e. Hospitals will boost the Molecular Radiotherapy Dosimetry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Cloud based will boost the Molecular Radiotherapy Dosimetry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Radiotherapy, the sub-segment i.e. Y-90 SIRT will boost the Molecular Radiotherapy Dosimetry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Improved Radiographic Imaging Technology and Innovations in, Guidewires, Catheters Stents, and Biomaterials
Market Growth Drivers:
Increasing Number of Breast Cancer and Prostate Cancer Patients
Challenges:
Significant Effect on Healthcare Funding, Patient Management
Restraints:
Due To High Absorbed Dose Kills Normal Tissues
Opportunities:
Growing Positive Healthcare Infrastructure and New Techniques
Market Leaders and their expansionary development strategies
In Jnauary 2024, QDOSE® Multi-purpose Voxel Dosimetry Software (Personalized Dosimetry in Molecular Radiotherapy) received USFDA 510(k) clearance in August 2023. Developed by ABX-CRO (Dresden, Germany) in collaboration with Quantinm AB (Stockholm, Sweden), this software provides state-of-the-art assessment of radiation absorbed dose to organs and tissues of the body from medically administered radiopharmaceuticals. It is a complete, one-stop solution for all internal dosimetry needs with multiple parallel workflows
In Nov 2021- MIM Software Inc., company provider of medical imaging software, launches new MIM SurePlan MRT, its software package for Molecular Radiotherapy. MIM SurePlan MRT has received clearance from the United States Food and Drug Administration (FDA) for new AI segmentation models, which simplify the contouring process for dosimetry. MIM Software’s AI segmentation software can be deployed locally or through the cloud.
Key Target Audience
Radiotherapy software’s manufacturers and providers, Research Professionals, Emerging Companies, Education & Research Institutes and Industry Investors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.