The global Radiotherapy Market is expected to reach USD 7.65 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing prevalence of cancer across the globe, rise in geriatric population, and rise in adoption of radiotherapy. The technological advancement and increasing awareness among the public have led to an increase in the number of surgical operations, which in turn is augmenting the demand for the industry.
The Global Radiotherapy market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research.
Continuous rising prevalence of cancer resulting, a raised demand of radiotherapy eventually promoted the market growth. According to the American Cancer Society, approximately 1,806,590 new cancer cases and 606,520 cancer deaths in the U.S. are estimated in the year 2020.
Key participants include Varian Medical Systems, Inc. (U.S.), Elekta (Sweden), Accuray Incorporated (U.S.), Ion Beam Applications S.A. (Belgium), Panacea Medical Technologies Pvt. Ltd. (India), ViewRay, Inc. (U.S.), IsoRay Medical, Inc. (U.S.), Provision Healthcare (U.S.), Hitachi Ltd. (Japan), Mevion Medical Systems, Inc. (U.S.) and Reflexion Medical (U.S.) among others.
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as well as new entrants in the market. It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Rising technological advances and increasing prevalence of cancer many field players are engaged in investing new product development. For instance, in June 2020, a subsidiary company of the ALCEN group “PMB” launched FLASHKNiFE, the FLASH radiotherapy system used for clinical trials
Various technologies like AI, personalization or miniaturization have contributed significant share of growth, to capture the client need field operators have initiated emerging such technologies. For instance, in September 2019, Varian (U.S) software developer in partnership with Oncora (U.S.) a digital health company launched Ethos artificial intelligence radiotherapy device
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Emergen Research have segmented the global Radiotherapy Market on the basis of products, types, applications, end-users, and region:
Products Outlook (Revenue in Million USD; 2017–2027)
External Beam Radiotherapy Product
Linear Accelerators (LINAC)
Conventional LINAC
Stereotactic Advanced Electron/Cobalt-60 LINAC
CyberKnife
Gamma Knife
TomoTherapy
Particle Therapy Systems
Cyclotrons
Synchrotrons
Synchrocyclotrons
Conventional Cobalt-60 Teletherapy Units
Internal Beam Radiotherapy/Brachytherapy Products
Seeds
Applicators
Afterloaders
Electronic Brachytherapy Products
Systemic Radiotherapy
Iobenguane-131
Samarium-153
Rhenium-186
Yttrium-90
Radium-223
Phosphorous-32
Radio-Labelled Antibodies
Types Outlook (Revenue in Million USD; 2017–2027)
External Beam Radiotherapy
Image-guided Radiotherapy (IGRT)
Intensity-modulated Radiotherapy (IMRT)
TomoTherapy
Volumetric Modulated Arc Therapy (VMAT)
Stereotactic Therapy
3D Conformal Radiotherapy (3D-CRT)
Particle Beam Therapy (Heavy-ion and Proton Therapy)
Internal Beam Radiotherapy/Brachytherapy
Low-dose-rate (LDR) Brachytherapy
High-dose-rate (HDR) Brachytherapy
Pulsed-dose-rate (PDR) Brachytherapy
Systemic Radiotherapy
Intravenous Radiotherapy
Oral Radiotherapy
Instillation Radiotherapy
Applications Outlook (Revenue in Million USD; 2017–2027)
Prostate Cancer
Breast Cancer
Lung Cancer
Colorectal Cancer
Spine Cancer
Brain Cancer
Pediatric Cancer
Gynecological Cancer
Cervical Cancer
Penile Cancer
Head and Neck Cancer
End Use Outlook (Revenue in Million USD; 2017–2027)
Hospitals
Independent Radiotherapy Centers
Global Radiotherapy Market Report – Table of Contents:
Chapter 1 includes the global Radiotherapy market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Radiotherapy market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Radiotherapy market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Radiotherapy industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Global Radiotherapy Market Geographical Landscape – Synopsis:
The report closely studies the growth trajectory of the global Radiotherapy market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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