Press release
Radiotherapy Market to Exceed Industry Evolution in coming Years with Innovations & Opportunities by 2026 | Top Industry Players: Accuray Incorporated, C. R. Bard, Siemens, Elekta AB, IBA (Ion Beam Applications Sa), Isoray Medical, Mevion Medical Systems
Industry SynopsisGlobal Radiotherapy market is accounted for $6.87 billion in 2017 and is expected to reach $13.39 billion by 2026 growing at a CAGR of 7.7% during the forecast period. Factors such as increasing number of cancer patients and untapped market in some emerging countries are fuelling the market growth. However factors such as expensive treatments, adequate infrastructure and adequate skills and training are hampering the market growth.
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On the basis of Type, External beam radiotherapy is a category of radiotherapy. As it is an advanced radiotherapy technique it lessens the amount of normal tissue being treated in the applied environment. An external source of ionizing radiation is passed through the particular part of the patient who is suffering from tumour. It increases the quality and accuracy of finding target, and changing the amount of healthy tissue in the treatment field. This can be beneficial from some treatment sites where the objective volume is surrounded by a number of organs which must be spared radiation dose.
Top Market Player’s
Some of the key players in the Radiotherapy market are Accuray Incorporated, C. R. Bard, Inc., Siemens, Elekta AB, IBA (Ion Beam Applications Sa), Isoray Medical, Inc., Mevion Medical Systems, Inc., Mitsubishi Electric Corporation, Nordion, Inc., Panacea Medical Technologies Pvt. Ltd., P-Cure Ltd., Pronova Solutions, LLC., Raysearch Laboratories, Theragenics Corporation, Varian Medical Systems, Inc., Viewray Inc., ProTom International,Inc., Covidien Ltd, Eckert & Ziegler BEBIG SA and Provision Healthcare.
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Market Segments
By Geography, North American region is expected to surpass other regions due to technological advancements, increasing healthcare expenditure, and high adoption of radiotherapy products owing to the increasing incidence of cancer followed by the Asia pacific region.
Product Covered:
• External Beam Radiotherapy
• Internal Beam Radiotherapy/Brachytherapy
• Systemic Radiotherapy
Types Covered:
• External Beam Radiotherapy
• Internal Beam Radiotherapy
• Systemic Radiotherapy
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
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Major Companies operating in the Radiotherapy Market are:
• Siemens Healthineers AG
• Accuray Incorporated
• Sumitomo Heavy Industries, Ltd.
• Elekta AB
• Hitachi, Ltd.
• Koninklijke Philips N.V.
• Brainlab AG
• PROTOM INTERNATIONAL
• Varian Medical Systems, Inc.
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