The latest market intelligence report, titled ‘Global Radiotherapy Market’, is intended to provide the target audience with the necessary information about the global Radiotherapy industry. 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.
The report entails an organized database of the Radiotherapy market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Radiotherapy market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
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.
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The global Radiotherapy market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Radiotherapy market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
- Varian Medical Systems,
- (U.S.),
- Elekta (Sweden),
- Accuray Incorporated (U.S.),
- Ion Beam Applications S.A. (Belgium),
- Panacea Medical Technologies Pvt. Ltd. (India),
- ViewRay,
- IsoRay Medical, Inc. (U.S.),
- Provision Healthcare (U.S.),
- Hitachi Ltd. (Japan),
- Mevion Medical Systems, Inc. (U.S.) and
- Reflexion Medical (U.S.)
Continue increasing demand for technological advances in the market promoted several market players to develop advanced version of their product offerings. For instance, in January 2020, Elekta signed an agreement with the Institute Jules Bordet, Brussels for Elekta Unity MR-linac system, Versa H.D. linear accelerators (linacs), and to upgrade Elekta Infinity linacs. The total contract was valued at approximately USD 24.2 million. This was beneficial to provide Bordet institute advanced radiotherapy solutions.
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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
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
- Linear Accelerators (LINAC)
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
With the rise in the prevalence of cancer, most of the hospitals are adopting efficient products offering optimum treatment. For instance, in January 2020, Provision Healthcare launched third proton therapy center installation in Southwest Orange County, Florida. The center is expected to treat approximately 700 patients per year and will be equipped with next-generation oncology information system RayCare and treatment planning system RayStation from RaySearchHospitals and clinics are the major end-users of the market.
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