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. Increasing technological advances in the radiotherapy is one of the factors snowballing, the market growth. For instance, Stereotactic body radiation therapy (S
The report provides detailed insights into Radiotherapy market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Radiotherapy market size over the forecast period, 2020–2028. The report includes profiles of major Radiotherapy players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Radiotherapy market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global Radiotherapy market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Radiotherapy market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Radiotherapy market.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Radiotherapy market share contribution of these countries. In addition, Radiotherapy market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in Radiotherapy Market include are:
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
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
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
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In terms of Radiotherapy market share and revenue contribution to the global Radiotherapy market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Radiotherapy market share.
The market intelligence report on the Radiotherapy Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Radiotherapy industry
North America Radiotherapy market revenue growth was relatively higher than that of other regional markets in 2020. North America Radiotherapy market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific Radiotherapy market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Radiotherapy market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Radiotherapy market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe Radiotherapy market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Radiotherapy industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Radiotherapy market across different regions?
- Who are the major driving forces expected to decide the fate of the Radiotherapy industry worldwide?
- Who are the prominent market players making a mark in the Radiotherapy market with their winning strategies?
- Which Radiotherapy industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Radiotherapy market?
Table of Content
Chapter 1. Methodology Sources
1.1. Radiotherapy Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Radiotherapy Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Radiotherapy Market Segmentation Impact Analysis
4.1. Radiotherapy Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Radiotherapy Market indicators analysis
4.2.2. Radiotherapy Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Radiotherapy Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Radiotherapy products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Radiotherapy Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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