Radiotherapy Market Size, Share, Analysis Report

Radiotherapy Market By Technology Analysis (Internal Beam Radiotherapy, External Beam Radiation Therapy, Systemic Radiation Therapy); By Product Analysis (External beam radiation therapy, Internal Radiation Therapy, Systemic Radiation Therapy); By Application Analysis (External Beam Radiation Therapy, Internal Radiation Therapy) and By Regional Analysis – Global Forecast by

The Global Radiotherapy Market is expected to be around US$ 11.80 Billion by 2028 at a CAGR of 6.8% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • F Accuray Incorporated
  • Ion Beam Applications SA
  • C. R. Bard Inc
  • IsoRay Medical Inc
  • Varian Medical Systems Inc
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    6

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Every day new innovations are been made in every field and in healthcare lot of research and development is going on but for cancer till date radiotherapy is considered as most effective treatment overall for killing the cancer disease. Cancer patients who uses beams of high energy radiation to kill cancer cells in the body is known as radiotherapy treatment. Radiotherapy is infrequently used to treat mild tumors and different conditions, for example, thyroid ailment and some blood disorders. Radiotherapy is utilized alone or in mix with chemotherapy (chemo radiotherapy) to treat cancer tumor. Symptoms of cancer can be effectively controlled by radiotherapy. Radiotherapy might be utilized before surgery or after surgery to decimate small tumor cells that might be cleared out.

    How Big is The Global Radiotherapy Market?

    The Global Radiotherapy Market is expected to be around US$ 11.80 Billion by 2028 at a CAGR of 6.8% in the given forecast period.

    The major driving factors of Global Radiotherapy Market are as follows:

    • Growing number of cancer patients and disease.
    • Technological innovations
    • Adoption of Radiotherapy Devices and Procedures are in raise
    • Driving Investments in Radiotherapy due to increase in demand for cancer treatment
    • Rapidly growing geriatric population
    • Spreading Awareness About the Benefits of Radiotherapy

    The restraining factors of Global Radiotherapy Market are as follows:

    • Absence of  adequate infrastructure
    • Visualizing Tumors is complex
    • Trained personnel shortage
    • Strict rules and regulations regarding healthcare

    The Global Radiotherapy Market is segmented on the lines of its technology, product, application and regional. Based on technology segmentation it covers external beam radiation therapy, internal beam radiotherapy, systemic radiation therapy. Based on product segmentation it covers internal radiation therapy/brachy therapy, external beam radiation therapy, systemic radiation therapy. Based on application segmentation it covers external beam radiation therapy, internal radiation therapy. The Global Radiotherapy Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for Global Radiotherapy Market and related technologies.
    2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
    3) Identifications of new market opportunities and targeted promotional plans for Global Radiotherapy Market.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    REPORT SCOPE:

    The scope of the report includes a detailed study of global and regional markets on Global Radiotherapy Market with the reasons given for variations in the growth of the industry in certain regions.
     
    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Accuray Incorporated (U.S.), Ion Beam Applications SA (Belgium), C. R. Bard, Inc. (U.S.), IsoRay Medical, Inc. (U.S.), Varian Medical Systems, Inc. (U.S.), Nordion, Inc. (Canada), Elekta AB (Sweden), RaySearch Laboratories AB (Sweden), Mevion Medical Systems, Inc. (U.S.), and Mitsubishi Electric Corporation (Japan).Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
     
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Global Radiotherapy Market has been segmented as below: (Accordingly)

    By Technology Analysis:

    • External Beam Radiation Therapy
    •          Image-Guided Radiotherapy (IGRT)
    •          Intensity Modulated Radiotherapy (IMRT)
    •          Stereotactic Technology
    •          Proton Beam Therapy
    •          Tomotherapy
    •          3D Conformal Radiotherapy (3D CRT)
    •          Volumetric Modulated Arc Therapy (VMAT)
    • Internal Beam Radiotherapy
    •          Low Dose Rate
    •          High Dose Rate
    • Systemic Radiation Therapy

    By Product Analysis:

    • External beam radiation therapy
    • Compact Advanced Radiotherapy Systems
      • Cyberknife
      • Gamma Knife
      • Tomotherapy
    • Proton Therapy Systems
      • Cyclotron
      • Synchrotron
    • Electron Emitting High Energy Linear Accelerators (Linac)
    • Internal Radiation Therapy/Brachytherapy
    • Seeds
    • Applicators & Afterloaders
    • Electronic Brachytherapy
    • Systemic Radiation Therapy

    By Application Analysis:

    • External Beam Radiation Therapy
    • Prostate Cancer
    • Breast Cancer
    • Lung Cancer
    • Head & Neck Cancer
    • Colorectal Cancer
    • Other
    • Internal Radiation Therapy
    • Prostate Cancer
    • Gynecological Cancer
    • Breast Cancer
    • Penile Cancer
    • Other

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all  Global Radiotherapy Market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of Global Radiotherapy Market data.
    4) Assess your competitor’s refining portfolio and its evolution.

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    1    INTRODUCTION      

        1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    2 Research Methodology 

        2.1 Research Data 
               2.1.1 Secondary Data
                        2.1.1.1 Key Data From Secondary Sources
               2.1.2 Primary Data
                        2.1.2.1 Breakdown of Primaries
                        2.1.2.2 Key Data From Primary Sources
                        2.1.2.3 Key Industry Insights
        2.2 Market Size Estimation 
                        2.2.1.1 Bottom-Up Approach
                        2.2.1.2 Top-Down Approach
        2.3 Market Breakdown and Data Triangulation 
        2.4 Research Assumptions

    3 Executive Summary 

        3.1 Introduction 
        3.2 Current Scenario 
        3.3 Future Outlook 
        3.4 Conclusion

    4 Premium Insights 

        4.1 Global Market (2015–2020) 
        4.2 Global Market Size, By Product (2015 vs 2020) 
        4.3 External Beam Radiation Therapy Market, By Technology (2015 vs 2020) 
        4.4 Global Market Size, By Application (2015)

    5 Market Overview 

        5.1 Introduction 
        5.2 Market Segmentation 
               5.2.1 Radiotherapy Market, By Product
               5.2.2 Radiotherapy Market, By Technology
               5.2.3 Radiotherapy Market, By Application
        5.3 Market Dynamics 
               5.3.1 Drivers
                        5.3.1.1 Technological Advancements
                        5.3.1.2 Growing Number of Cancer Patients
                        5.3.1.3 Rapidly Increasing Aging Population
                        5.3.1.4 Rising Adoption of Radiotherapy Devices and Procedures
                        5.3.1.5 Increasing Number of Symposiums Spreading Awareness About the Benefits of Radiotherapy
               5.3.2 Restraints
                        5.3.2.1 Lack of Adequate Infrastructure & Healthcare Expenditure
                        5.3.2.2 Shortage of Trained Personnel
                        5.3.2.3 Unfavourable Healthcare Reforms in the United States
               5.3.3 Opportunities
                        5.3.3.1 Emerging Markets Offer Numerous Growth Opportunities
                        5.3.3.2 Increasing Demand for Cancer Treatment Driving Investments in Radiotherapy
               5.3.4 Challenges
                        5.3.4.1 Difficulty in Visualizing Tumors
                        5.3.4.2 Affordability and Accessibility of Treatment

    6 Radiotherapy Market, By Product 

        6.1 Introduction 
        6.2 External Beam Radiation Therapy 
               6.2.1 Introduction
               6.2.2 Electron-Emitting High-Energy Linear Accelerators (Linac)
               6.2.3 Compact Advanced Radiotherapy Systems
                        6.2.3.1 Introduction
                        6.2.3.2 Cyberknife
                        6.2.3.3 Gamma Knife
                        6.2.3.4 Tomotherapy
               6.2.4 Proton Therapy Systems
                        6.2.4.1 Cyclotron
                        6.2.4.2 Synchrotron
        6.3 Internal Radiation Therapy 
               6.3.1 Introduction
               6.3.2 Seeds
               6.3.3 Applicators and Afterloaders
               6.3.4 Electronic Brachytherapy
        6.4 Systemic Radiation Therapy

    7 Radiotherapy Market, By Technology 

        7.1 Introduction 
        7.2 External Beam Radiation Therapy 
               7.2.1 Introduction
               7.2.2 Image-Guided Radiotherapy (IGRT)
               7.2.3 Intensity Modulated Radiotherapy (IMRT)
               7.2.4 Stereotactic Technology
               7.2.5 Particle/Proton Beam Therapy
               7.2.6 Tomotherapy
               7.2.7 3D-Conformal Radiotherapy (3D-CRT)
               7.2.8 Volumetric Modulated ARC Therapy
        7.3 Internal Beam Radiation Therapy 
               7.3.1 Introduction
               7.3.2 Low-Dose Rate Radiotherapy
               7.3.3 High Dose Rate Radiotherapy
        7.4 Systemic Radiation Therapy

    8 Global Radiotherapy Market, By Application 

        8.1 Introduction 
        8.2 External Beam Radiation Therapy 
               8.2.1 Introduction
               8.2.2 Prostate Cancer
               8.2.3 Breast Cancer
               8.2.4 Lung Cancer
               8.2.5 Head and Neck Cancer
               8.2.6 Colorectal Cancer
               8.2.7 Others
        8.3 Internal Radiation Therapy/Brachytherapy 
               8.3.1 Introduction
               8.3.2 Prostate Cancer
               8.3.3 Gynecological Cancer
               8.3.4 Breast Cancer
               8.3.5 Cervical Cancer
               8.3.6 Penile Cancer
               8.3.7 Others

    9 Radiotherapy Market, By Region 

        9.1 Introduction 
        9.2 North America 
        9.3 Europe 
        9.4 Asia-Pacific 
        9.5 Rest of the World (RoW) 
               9.5.1 Latin America
               9.5.2 Middle East
               9.5.3 Africa

    10 Competitive Landscape 

         10.1 Overview 
         10.2 Market Share Analysis 
         10.3 Competitive Situation and Trends 
                 10.3.1 New Product Launches and Product Enhancements
                 10.3.2 Agreements, Partnerships, Collaborations, and Contracts
                 10.3.3 Mergers and Acquisitions
                 10.3.4 Geographic Expansions
                 10.3.5 Other Developments

    The Global Radiotherapy Market has been segmented as below: (Accordingly)

    By Technology Analysis:

    • External Beam Radiation Therapy
    •          Image-Guided Radiotherapy (IGRT)
    •          Intensity Modulated Radiotherapy (IMRT)
    •          Stereotactic Technology
    •          Proton Beam Therapy
    •          Tomotherapy
    •          3D Conformal Radiotherapy (3D CRT)
    •          Volumetric Modulated Arc Therapy (VMAT)
    • Internal Beam Radiotherapy
    •          Low Dose Rate
    •          High Dose Rate
    • Systemic Radiation Therapy

    By Product Analysis:

    • External beam radiation therapy
    • Compact Advanced Radiotherapy Systems
      • Cyberknife
      • Gamma Knife
      • Tomotherapy
    • Proton Therapy Systems
      • Cyclotron
      • Synchrotron
    • Electron Emitting High Energy Linear Accelerators (Linac)
    • Internal Radiation Therapy/Brachytherapy
    • Seeds
    • Applicators & Afterloaders
    • Electronic Brachytherapy
    • Systemic Radiation Therapy

    By Application Analysis:

    • External Beam Radiation Therapy
    • Prostate Cancer
    • Breast Cancer
    • Lung Cancer
    • Head & Neck Cancer
    • Colorectal Cancer
    • Other
    • Internal Radiation Therapy
    • Prostate Cancer
    • Gynecological Cancer
    • Breast Cancer
    • Penile Cancer
    • Other

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 6.8% during the study period (2023-2028)
    The Global Radiotherapy Market is expected to be around US$ 11.80 Billion by 2028
    The segment included in the Radiotherapy Market is Technology, Product, Application and region.
    Some key players operating in the Radiotherapy Market include F Accuray Incorporated (U.S.), Ion Beam Applications SA (Belgium), C. R. Bard, Inc. (U.S.), IsoRay Medical, Inc. (U.S.), Varian Medical Systems, Inc. (U.S.), Nordion, Inc
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