The Global Radiotherapy Market Report, published by Emergen Research, offers an industry-wide assessment of the radiotherapy market, which includes the key elements influencing the development of the sector. Prostate cancer patients frequently receive radiotherapy as treatment. Globally rising cancer incidence rates and higher rates of effectiveness are key factors boosting market expansion. The most recent research study includes a thorough examination of the micro- and macroeconomic aspects that affect the growth of the global market from 2020 to 2027.

Our team's analysts predict that the global radiotherapy market will grow at a spectacular rate of 3.4% over the forecast period, from USD 5.82 billion in 2020 to USD 7.65 billion in 2027. The study on the radiotherapy market vividly describes the market's present trends as well as a wide range of development possibilities, significant drivers, obstacles, and other important factors. The research also considers a number of market characteristics, which in turn create a wide range of growth opportunities for the major companies in the radiotherapy sector.

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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.

Report Highlights:

  • The report conducts a comparative assessment of the leading market players participating in the global Radiotherapy market.
  • The report marks the notable developments that have recently taken place in the Radiotherapy industry
  • It details on the strategic initiatives undertaken by the market competitors for business expansion.
  • It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Radiotherapy market value chain.
  • The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.

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North America is anticipated to witness several growth opportunities leading to the increase in the level of awareness among consumers owing to the availability of a large number of research institutes, hospitals and other healthcare facilities, and also rise in the prevalence of cancer, which will significantly influence the growth of the industry.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
  • Systemic Radiotherapy
    1. Intravenous Radiotherapy
    2. Oral Radiotherapy
    3. 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

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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