Radiotherapy Market: Opportunities and Challenges in a Rapidly Evolving Industry

PRESS RELEASE
Published February 8, 2023

Emergen Research’s Comprehensive Global Radiotherapy Market Research Report, added to its ever-expanding collection, contains insights into the Radiotherapy Market and its key components. The report was created after conducting a great deal of primary and secondary research with the intention of giving readers and businesses a competitive advantage over their counterparts in the sector. The report provides insights into the industry’s growth factors Radiotherapys, opportunities, lucrative business prospects, promising growth areas, and estimated growth rates through 2027. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets. According to the analysis, one of the key factors for the market’s likely fall in the upcoming years is the present pandemic. The pandemic has had a significant impact on business, which has negatively changed demand trends and market dynamics. The pandemic’s financial challenges have slowed down corporate growth across the board and impacted international supply lines.

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 (SBRT) which differentiate between healthy cells and cancer cells and provide optimum efficacy

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North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Some players analyzed in the report are:

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.)

The report further divides the Radiotherapy market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Radiotherapy market.

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On the basis of type, the market is segmented into

  • Products Outlook (Volume: Kilo Tons) (Revenue in Million USD; 2017–2027)

    • External Beam Radiotherapy Product
      • Linear Accelerators (LINAC)
        • Conventional LINAC
        • Stereotactic Advanced Electron/Cobalt-60 LINAC
          1. CyberKnife
          2. Gamma Knife
          3. TomoTherapy
        • Particle Therapy Systems
          1. Cyclotrons
          2. Synchrotrons
          3. Synchrocyclotrons
        • Conventional Cobalt-60 Teletherapy Units
      • Internal Beam Radiotherapy/Brachytherapy Products
        1. Seeds
        2. Applicators
        3. Afterloaders
        4. Electronic Brachytherapy Products
      • Systemic Radiotherapy
        1. Iobenguane-131
        2. Samarium-153
        3. Rhenium-186
        4. Yttrium-90
        5. Radium-223
        6. Phosphorous-32
        7. Radio-Labelled Antibodies
  • Types Outlook (Volume: Kilo Tons) (Revenue in Million USD; 2017–2027)

    • External Beam Radiotherapy
      • Image-guided Radiotherapy (IGRT)
      • Intensity-modulated Radiotherapy (IMRT)
        1. TomoTherapy
        2. Volumetric Modulated Arc Therapy (VMAT)
      • Stereotactic Therapy
      • 3D Conformal Radiotherapy (3D-CRT)
      • Particle Beam Therapy (Heavy-ion and Proton Therapy)
    • Internal Beam Radiotherapy/Brachytherapy
      1. Low-dose-rate (LDR) Brachytherapy
      2. High-dose-rate (HDR) Brachytherapy
      3. Pulsed-dose-rate (PDR) Brachytherapy
    • Systemic Radiotherapy
      1. Intravenous Radiotherapy
      2. Oral Radiotherapy
      3. Instillation Radiotherapy
  • Applications Outlook (Volume: Kilo Tons) (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

Additionally, the report’s charts, tables, graphs, figures, and diagrams convey the analytical data in an orderly manner. Because of this, it is simpler for readers to understand the market situation in a useful way. In order to help the reader, make wise business decisions, the study also attempts to offer a forward-looking viewpoint and an informative conclusion. A thorough SWOT and Porter’s Five Forces analysis of the market segments expected to dominate the market, regional division, estimated market size and share, and more are included in the report’s conclusion.

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