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(IT-NEWSWIRE.COM, November 16, 2018 ) A fiducial marker is a device designed to serve as a reference for physical comparison and positional verification of tissues during diagnostic and therapeutic applications such as radiotherapy. Fiducial markers are either implanted, placed on the subject, or are measurable markings in the reticle of an optical instrument.
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Fiducial Marker Market: Drivers and Restraints
The increasing application of diagnostic imaging owing to large demand for minimum invasive diagnostics procedures is the critical driver for the global Fiducial Marker Market. The application expanse of fiducial markers such as their deployment in magnetic resonance imaging, computed tomography scanning and radiotherapy propelled by growing menace of cancer is a significant driver of the market.
The benefits of fiducial markers such as greater resolution and contrast, greater accuracy generated are technical drivers of the market. Fiducial markers are effective in cases such as X-ray imaging of soft mobile tissues acting as reliable surrogates. The advent of techniques such as conformal diagnostic and therapeutic systems such as 3-D conformal radiotherapy (3D-CRT), proton therapy, intensity modulated radiotherapy (IMRT) which demand accurate patient positioning and tumor targeting is the procedural driver of the market. The conformal diagnostic and therapeutic techniques are directly fed by demand for reduction of toxicity by careful dose titration which aids the market expanse. The fiducial markers pinpoint the location with greater accuracy and also allow delivery of maximum radiation dose, while sparing healthy tissue. Other drivers of the market are the growing applications of stereotactic radiosurgery (SRS) and stereotactic body radiotherapy (SBRT).
The growing cases of prostate cancer represents the largest market opportunity for fiducial markers. According to Surveillance, Epidemiology, and End Results (SEER) Program prostate cancer accounts for 9.5 % of all new cancer cases in the US.
The restraints on the global fiducial marker market are the invasive nature of certain fiducial markers, high cost of gold fiducial markers, misplacement or migration to other body areas and the scarcity of trained work force.
Fiducial Marker Market: Segmentation
To gain a bird’s eye view of the fiducial marker market, the report is segmented based on components, route of administration, animal models, clinical indications, study design, and region.
Based on modality, the global fiducial marker market is divided into the following:
Computed Tomography
Magnetic Resonance Imaging
Optical Coherence Tomography
Radiotherapy and Radiosurgery
Others
Based on site of application, the global fiducial marker market is divided into the following:
Head and Neck
Chest
Gastro Intestinal Tract
Pelvis
Others
Based on materials, the global fiducial marker market is divided into the following:
Gold
Nitinol
Zirconium Oxide
Carbon
Polymers
Others
Based on medium, the global fiducial marker market is segmented as below:
Solid
Liquid
Others
Fiducial Marker Market: Overview
The global market for fiducial marker is consolidated with a few large players dominating the scene. The market trends include a definite shift in favor of developing regions of Asia Pacific, such as India, and China. There is also a strong trend of collaboration between large hospitals and service providers to benefit from infrastructure and skill training. Data sharing between players is another trend so as to reduce cost.
Some of the established players operating in the global fiducial marker are Novartis International AG, CIVCO Medical Solutions, JRT Associates, GATTAquant GmbH, CIVCO Radiotherapy, Prince Izant Company, IZI Medical Products, Eckert & Ziegler BEBIG, Stellar Medical, Naslund Medical AB, Veran Medical Technologies, Medtronic plc, and others.
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Fiducial Marker Market: Key Players
Some of the major players operating in the global Fiducial marker market are Novartis International AG, CIVCO Medical Solutions, JRT Associates, GATTAquant GmbH, CIVCO Radiotherapy, Prince Izant Company, IZI Medical Products, Eckert & Ziegler BEBIG, Stellar Medical, Naslund Medical AB, Veran Medical Technologies, Medtronic plc, and others. Collaboration between players and hospitals is the most attractive strategy owing to specialized nature of the market and can yield dividend owing to faster adoption and lower cost.
The fiducial marker report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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