Global radiotherapy market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is expected to grow with a CAGR of 6.4% in the forecast period of 2022 to 2029 and is expected to reach USD 12,194.17 million by 2029 from USD 7,537.29 million in 2021. The growing prevalence of cancer disease, novel technology in radiotherapy for cancer treatment, increasing adoption of radiotherapy devices and procedures, and rising preference for non-surgical procedures are the major drivers which are expected to propel the demand of the market in the forecast period.
Radiotherapy treatment is mainly used for the treatment of cancer disease with the usage of X-rays along with similar forms of radiation technology. In radiotherapy treatment, high-energy based radiation rays are used to damage cells causing cancer and stop them from growing and dividing. Radiotherapy treatment has numerous types of benefits to aim accurately and directly locate cancer wherever it might be in the body. The radiotherapy procedures have seen advancements in terms of launching new treatment planning software and advanced features-based therapy modalities, which require highly skilled and certified professionals to easily operate these products and software.
Global Radiotherapy Market Scope and Market Size
On the basis of type, the radiotherapy market is segmented into external-beam radiation therapy, internal radiation therapy, systemic radiotherapy/radiopharmaceuticals and others. In 2020, external-beam radiation therapy segment is expected to dominate in the radiotherapy market due to the high adoption of external-beam radiation therapy for the treatment of breast cancer, lung cancer, prostate cancer, colorectal cancer, lymphoma, liver cancer, thyroid cancer, brain cancer, cervical cancer, and spine cancer among others.
On the basis of product, the radiotherapy market is segmented into external beam radiotherapy, internal radiotherapy products, radiotherapy software and others. In 2020, external beam radiotherapy segment is expected to dominate in the radiotherapy market due to increasing demand of external-beam radiation therapy devices such as linac, proton therapy, cyber knife, gamma knife for treatment of breast cancer, lung cancer, prostate cancer, colorectal cancer, lymphoma, liver cancer, thyroid cancer, brain cancer, cervical cancer, and spine cancer among others.
On the basis of application, the radiotherapy market is segmented into breast cancer, lung cancer, prostate cancer, colorectal cancer, lymphoma, liver cancer, thyroid cancer, brain cancer, cervical cancer, spine cancer and others. In 2020, breast cancer segment is expected to dominate in the radiotherapy market due to the increasing prevalence of breast cancer across the world, also breast cancer is the most common cancer in women worldwide.
On the basis of end user, the radiotherapy market is segmented into hospitals, radiation therapy centers, specialty clinics and others. In 2020, hospitals segment is expected to dominate in the radiotherapy market as the radiotherapy procedure is performed as an outpatient procedure in the hospitals that normally takes less than 60 minutes and hospitals are one of the first contact point and the most trustable option for the patients in various countries for the treatment of cancer disease.
On the basis of distribution channel, the radiotherapy market is segmented into direct tender, retail sales and others. In 2020, direct tender segment is expected to dominate in the radiotherapy market as most of the hospitals, radiation therapy centers, specialty clinics, ambulatory surgical centers and academic and research organizations prefer direct tender for seeking the benefits of bulk buying, discounts and easily availability of products.
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Radiotherapy Market Country Level Analysis
The countries covered in the radiotherapy market report are the U.S., Canada & Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Ukraine, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, Chile, rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt and rest of Middle East and Africa.
Radiotherapy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to radiotherapy market.
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Key Players –
v Varian Medical Systems, Inc
v ProTom International
v Mevion Medical Systems
v VIEWRAY TECHNOLOGIES, INC. (a subsidiary of ViewRay)
v Siemens Healthcare GmbH
v Elekta AB
v Accuray Incorporated
v IBA Worldwide
v Eckert & Ziegler BEBIG
v RaySearch Laboratories
v Brainlab AG
v Koninklijke Philips N.V
v GE Healthcare
v Hitachi, Ltd
v Advanced Accelerator Applications (a subsidiary of Novartis AG)
v Provision Healthcare
v Nordion (Canada) Inc
v Sumitomo Heavy Industries, Ltd
v CIVCO Radiotherapy (a subsidiary of Roper Technologies)
v Isoray Inc
MAJOR TOC OF THE REPORT
Part One: Radiotherapy Market Overview
Part Two: Manufacturers Profiles
Part Three: Global Radiotherapy Market Competition, by Players
Part Four: Global Radiotherapy Market Size by Regions
Part Five: Global Radiotherapy Market Revenue by Countries
Part Six: Global Radiotherapy Market Revenue by Type
Part Seven: Global Radiotherapy Market Revenue by Application
Part Eight: Global Radiotherapy Market Revenue by Geography
Part Nine: Global Radiotherapy Market Revenue by Geography
Part Ten: Global Radiotherapy Market Revenue by Geography
Part Eleven: Global Radiotherapy Market Revenue by Geography
Get Detail TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-radiotherapy-market
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