Radiotherapy Market 2018 by Top Comprehensive Study: Elekta AB, Accuray Inc., CIVCO Medical Solutions, Brainlab AG, C. R. Bard Inc., IsoRay Medical Inc., Nordion Inc., RaySearch Laboratories AB, PRECISIS AG, Mevion Medical Systems Inc., Hitachi Ltd. Among

Global Radiotherapy Market is Projected to reach USD 10.48 billion by 2025, at a CAGR of 8.1% during the forecast period of 2018 to 2025.

Global Radiotherapy Market research report is a professional and in-depth study on the current state of Market. The Global Radiotherapy Market research report prediction the size of the market with information on key vendor revenues, development of the industry by upstream & downstream, industry progress, key companies, along with type segment & market application. A detailed study of product picture and specifications, revenue, cost, price, gross, capacity and production, company profiles, and contact information is carried out in the analysis of Global Radiotherapy industry key manufacturer’s section.

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According to the national cancer institute in 2018 an estimated 1,735,350 of new cases of cancer will be diagnosed in United States and 609,640 peoples will die from the disease. The number of new cases of cancer is 439.2 per 100,000 men and women per year based on 2011-2015 cases. In 2016 there were 15.5 million cancer survivors in United States. And this is expected to increase to 20.3 million by 2026. The national cancer care expenditure for U.S. in the year 2017 was 147.3 billion USD and this is expected to increase as due to growing population and growing prevalence of cancer.
Global Radiotherapy Market,

• By Type (Beam Radiotherapy {IGRT, IMRT, VMAT, Tomotherapy, Stereotactic Technology, 3D Conformal Technology}, Brachytherapy {LDR, HDR}, Systemic Radiotherapy),

• By Product Type (External Beam Radiotherapy{LINAC, Cyber Knife, Proton Beam Therapy {Cyclotron, Synclotron}, Gamma Knife}, Internal Radiotherapy Products {Seeds, After loaders}, Radiotherapy Software {Treatment Planning Software, Dosage Planning Software, Patient Positioning Software, Image Guiding Software}, Systematic Radiotherapy),

• By Indications (Prostate Cancer, Breast Cancer, Lung Cancer, Spine Cancer, Liver Cancer, Brain Cancer, Others),

• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast 2018-2025

Market Key Drivers:

Some of the major factors driving the market for radiotherapy market are increasing patient pool for cancer, increasing ageing population, increase in out-patient cancer facilities and increasing demand for better radiotherapy equipments and replacement of out dated products. One of the major factors for growth of these devices is owing to unmet needs of radiotherapy infrastructure in emerging and developed economies.

Regulatory scenario and the high cost of radiotherapy are the factors which may hinder the growth of this market.

Many companies are increasingly focusing on radiotherapy devices in order to strengthen their product portfolios in the radiotherapy market.

Increment in patient mindfulness levels with respect to early infection diagnostics will drive the market in future.

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China is expected to continue its impressive growth in radiotherapy equipments along with high growth in India, Brazil, Russia and other emerging economies. The developed countries such as Germany, France, U.S., U.K., Japan among others is expected to be boosted owing to government funding and increasing awareness of systemic radiotherapy and other developed radiotherapy treatments.

The Major Players In The Global Radiotherapy Market Are:

• Elekta AB, Accuray, Inc.
• CIVCO Medical Solutions
• Brainlab AG
• C. R. Bard, Inc.
• IsoRay Medical, Inc.
• Nordion, Inc.
• RaySearch Laboratories AB
• PRECISIS AG
• Mevion Medical Systems, Inc.
• Technicas Radiofiscas S.L.
• Hitachi, Ltd.
• Sumitomo Heavy Industries, Ltd.
• Mitsubishi Electric Corporation
• ProNova Solutions LLC
• ProTom International
• Among others.

Recent Developments:

• In October 2016,Varian Medical Systems, Inc. and McKesson Specialty Health announced a strategic agreement for the distribution and servicing of Varian advanced radiotherapy equipment and software over a three period across “The US Oncology Network” and “Vantage Oncology” affiliated sites of care.

• In October 2016,VarianMedical Systems, Inc. announced the launch of first of its kind 360 Oncology care management platform, the first software system designed to integrate and coordinate key elements of cancer so patients and their cancer teams can collaborate on achieving the best outcomes.

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