Radiotherapy Market Forecast Report | Global Analysis, Statistics, Revenue, Demand

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The rise in the incidences of cancer, improved technological advances, new product launches, and strategic collaboration are driving the demand of the market.

The latest research report by Emergen Research, named ‘Global Radiotherapy Market - Forecast to 2027’, involves a complete survey of the worldwide Radiotherapy market's present and future patterns. For example, Stereotactic body radiation treatment (SBRT) which separate between solid cells and disease cells and give ideal viability The market knowledge report takes a nearer perspective on the worldwide portion of the overall industry, assessed development rate, future market patterns, section level obstructions, major market drivers, restrictions, difficulties, and open doors. The report plainly characterizes the Radiotherapy market position on a worldwide level.

The worldwide Radiotherapy Market is supposed to arrive at USD 7.65 Billion by 2027, as indicated by another report by Emergen Research. The development of this market can be credited to the rising predominance of malignant growth across the globe, ascend in geriatric populace, and ascend in reception of radiotherapy.

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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.), Hitachi Ltd. (Japan), Mevion Medical Systems, Inc. (U.S.) and Reflexion Medical (U.S.) among others

The report closely studies the growth trajectory of the global Radiotherapy market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa.

Some Key Highlights from the Report

  • 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
  • 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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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)
      1. Conventional LINAC
      2. Stereotactic Advanced Electron/Cobalt-60 LINAC
        1. CyberKnife
        2. Gamma Knife
        3. TomoTherapy
      3. Particle Therapy Systems
        1. Cyclotrons
        2. Synchrotrons
        3. Synchrocyclotrons
      4. 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 (Revenue in Million USD; 2017–2027)

  • External Beam Radiotherapy
    1. Image-guided Radiotherapy (IGRT)
    2. Intensity-modulated Radiotherapy (IMRT)
      1. TomoTherapy
      2. Volumetric Modulated Arc Therapy (VMAT)
    3. Stereotactic Therapy
    4. 3D Conformal Radiotherapy (3D-CRT)
    5. 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

North America is expected to observe a few useful learning experiences prompting the expansion in the degree of mindfulness among buyers attributable to the accessibility of an enormous number of examination foundations, emergency clinics and other medical services offices, and furthermore ascend in the pervasiveness of disease, which will fundamentally impact the development of the business.

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