Europe Radiotherapy Market Seeing Robust Growth Dominated With Expected +6.7% CAGR till 2024 | HDR segment is poised to witness the highest growth

Radiotherapy/Radiation therapy is a treatment used for cancer and, less commonly, thyroid disease, blood disorders, and noncancerous growths, Cancer is the major cause of death in the world and the number of new patients each year is steadily increasing. The most common form of cancer mortality is by metastasis, where the tumors and cancerous cells spread to organs causing failure. The world is focused upon developing solutions and cure to cancer by destroying primary and secondary tumors that cause metastasis. In current healthcare scenario localized treatment of tumors the only efficient treatment for tumors. Radiosurgery is used alongside surgery or separately to treat cancer for a long time. More than 75% of the cancer patient population is expected to take radiosurgery in some point of their disease prognosis.

Market Analysis

The Europe Radiotherapy Market has accounted for USD 1.6 billion in 2016, and is expected to reach USD 2.7 billion by 2024, growing at a CAGR 6.7% during the forecast period 2017 to 2024.The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024

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Europe Radiotherapy Market, By Therapy (Beam Radiotherapy (IGRT, IMRT, VMAT, Tomotherapy, 3D CRT, Proton Beam, Stereotactic), Brachytherapy (LDR, HDR), Systemic Radiotherapy), By Product Type (Cyberknife, Gammaknife, Linac, Proton Beam, Systemic Radiotherapy, Seeds, Afterloaders), By Indication (Prostate & Breast Cancer)), By Country (Germany, France, U.K., Spain, Italy, Russia, Netherlands, Turkey, Belgium, Switzerland, Rest of Europe) – Industry Trends and Forecast to 2024

Frequently Asked Questions?

• What will the market size be in 2024?
• What are the key factors driving the European market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2024?
• Which strategies are used by top players in the Europe Radiotherapy Market?

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Market Segmentation

The Europe Radiotherapy Market is segmented based on therapy, product, application and geography.

Based on the therapy, the radiotherapy market is segmented into

• external beam radiotherapy,
• internal beam radiotherapy, and
• systemic radiation therapy

On the basis of radiations delivered, the external beam radiotherapy is sub segmented into intensity-modulated radiation therapy (IMRT), image guided radiotherapy (IGRT), tomotherapy, stereotactic technology, 3D conformal radiotherapy, proton beam therapy, and volumetric modulated arc therapy (VMAT). The IGRT segment is expected to account for the largest share of the external beam radiotherapy market, whereas the VMAT segment is poised to witness the highest growth.

Based on the delivery of dose-rate, the internal beam therapy is divided into

• low (LDR) and
• high-dose rate (HDR)

The LDR segment is expected to account for the largest share of the internal radiotherapy/brachytherapy market, whereas the HDR segment is poised to witness the highest growth.

Based on product type the Europe radiotherapy market is segmented into

• EBRT equipment’s, and
• IBRT equipment’s

The External Beam Radiotherapy (EBRT) products are further segmented into cyberknife, gammaknife, LINAC, Proton Beam (Cyclotron, Synclotron). The Internal Beam Radiotherapy (IBRT) is segmented into seeds, afterloaders and others.

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Based on geography the market is segmented into 11 countries,

• Germany,
• France,
• U.K.,
• Italy,
• Spain,
• Russia,
• Turkey,
• Netherlands,
• Belgium,
• Switzerland and rest of Europe

The Europe radiotherapy market is also segmented based on indication into cancer of different organs such as brain tumor, spine cancer, lung cancer, liver cancer, breast cancer, prostate cancer and others.

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Major Market Competitors

Some of the major players of the Europe digital health monitoring devices market

• Varian Medical Systems, Inc.,
• CIVCO Medical Solutions,
• Elekta AB,
• Nanobiotix,
• Accuray Incorporated,
• Brainlab AG,
• Ion Beam Applications SA,
• C. R. Bard, Inc.,
• IsoRay Medical, Inc

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This release was published on openPR.