Radiotherapy Market Growth, Outlook - Leading By Top Players Accuray Incorporated, Varian Medical Systems, Inc., Elekta AB, Ion Beam Applications S.A., C.R. Bard, Inc., Isoray Medical, Inc., CIVCO Radiotherapy, Hitachi Ltd., Mevion Medical Systems, Inc.,
Recent advancements in radiotherapy techniques to enhance the accuracy of treatment with the approval from regulatory agencies is a major factor augmenting growth of the radiotherapy devices. For instance, in 2017, Hitachi Ltd. received U.S. FDA clearance for the launch and commercialization of Real Time Image Gating System for Proton Beam Therapy Systems (RGPT), enabling patients the access to advanced spot scanning irradiation technology. The system was developed with collaborative efforts of Hokkaido University Hospital and the Clinical Research and Medical Innovation Center.Moreover, increasing number of research groups are collaborating to explore targeted systemic therapies for the advancement of radiotherapy technology, creating potential impact on the market growth. For instance, the National Collaborative Research Infrastructure Strategy (NCRI) launched the Clinical and Translational Radiotherapy Research Working Group (CTRad), to work towards the national radiotherapy research agenda by developing high-quality radiotherapies, thereby optimizing tumor control and minimizing toxicity for patients receiving radiotherapy.
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Browse 38 Market Data Tables and 26 Figures spread through 205 Pages and in-depth TOC on “Radiotherapy Market”- Global Forecast to 2025, by Product Type (External Beam Radiation, Internal Beam Radiation and Systemic Radiation), by Therapy Type (External Beam Radiation Therapy, Internal Beam Radiation Therapy and Systemic Radiation Therapy), by Application (Prostate Cancer, Breast Cancer, Lung Cancer, Colorectal Cancer, Cervical Cancer and Others), by End User (Hospitals, Oncology Clinics, and Ambulatory Radiotherapy Centers) and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa)
Key players are adopting strategic collaborations and acquisitions for the development of radiotherapy techniques to accelerate innovation and to expand their geographical presence, thereby augmenting market growth. For instance, in 2017, Ion Beam Applications collaborated with Royal Philips to offer unique integrated solutions for proton therapy and molecular imaging centers, with an objective to enable effective and personalized cancer care. The companies collaborated to deliver proton therapy systems such as Proteus ONE and Proteus PLUS and clinical informatics solution such as Philips Big Bore CT, PET CT systems and Pinnacle3 Treatment Planning System in the UK, Middle East, and India.
Moreover, key players are launching high-quality tools for accurate and efficient radiotherapy treatment, thereby introducing novel solutions to enhance oncology radiotherapy. For instance, in 2017, Toshiba Medical introduced Galan RT Solutions suite of radiation therapy tools, which include the advanced Universal Couchtop MR Overlay from Civco Radiotherapy to help improve patient safety by sparing healthy tissue from unnecessary radiation. Galan RT Solutions allow health care providers to precisely map MR data to PET/CT images to develop radiation therapy plans, thus prioritizing patient care.
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Radiotherapy, also known as radiation therapy, uses ionizing radiations that deliver targeted beams of radiation to kill and destroy cancer cells. The advanced technology used in radiotherapy works by bombarding cancerous cells with radiation to kill them, while minimizing damage to the healthy cells around them. Radiotherapy is the most potent and cost-effective treatment for cancer, and when integrated with advanced technologies such as image guided therapy, leads to enhanced control over tumor and toxicity.
Several types of radiotherapies such as external beam radiation therapy, internal beam radiation therapy/ brachytherapy, and systemic radiation therapy, are available to combat various types of cancers prevalent globally. External beam radiation therapy is used to treat various types of cancers, including brain tumors, bladder cancer, and bone cancers. Brachytherapy is often used to treat cancers of the head and neck, breast, cervix, prostate, and eye, while systemic radiation therapy is often used to treat certain types of thyroid cancers using radioactive iodine.
Higher efficacy of radiotherapy equipment with enhanced clinical outcomes to drive growth of the global radiotherapy market
Major players operating the global radiotherapy market include Accuray Incorporated, Varian Medical Systems, Inc., Elekta AB, Ion Beam Applications S.A., C.R. Bard, Inc., Isoray Medical, Inc., CIVCO Radiotherapy, Hitachi Ltd., Mevion Medical Systems, Inc., and ProTom International, Inc.
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Radiotherapy market Taxonomy:
Global Radiotherapy Market, By Product Type:
External Beam Radiation
Compact Advanced Radiotherapy Systems
Cyber Knife
Gamma Knife
Others
Proton Therapy Systems
Synchrotron
Cyclotron
High Energy Linear Accelerators (LINAC)
Internal Beam Radiation
Applicators
Afterloader
Seeds
Capnographs
Gas Analyzers
Systemic Radiation
Global Radiotherapy Market, By Therapy Type:
External Beam Radiation Therapy
Stereotactic Radiosurgery (SRS)
Stereotactic Body Radiation Therapy (SBRT)
Intensity-modulated Radiation Therapy (IMRT)
Proton Therapy
Image-guided Radiotherapy (IGRT)
Volumetric Modulated Arc Therapy (VMAT)
Others
Internal Beam Radiation Therapy
Low-dose Rate Brachytherapy (LDR)
High-dose Rate Brachytherapy (HDR)
Image-guided Brachytherapy (IGBT)
Pulse Dose Rate Brachytherapy (PDR)
Systemic Radiation Therapy
Oral Radiotherapy
Intravenous Radiotherapy
Global Radiotherapy Market, By Application:
Prostate Cancer
Breast Cancer
Lung Cancer
Colorectal Cancer
Cervical Cancer
Others
Global Radiotherapy Market, By End User:
Hospitals
Oncology Clinics
Ambulatory Radiotherapy Centers
Others
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Historical Year: 2015
Base Year: 2016
Estimated Year: 2017
Forecast Period: 2017–2024
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Global Radiotherapy Market Research Report 2017
Global Radiotherapy market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Varian Medical Systems
Elekta
Accuray Incorporated
Ion Beam Applications
Nordion
C. R. Bard
Isoray Medical
RaySearch Laboratories
Mevion Medical Systems
Mitsubishi Electric Corporation
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Table of Contents
Global Radiotherapy Market Research Report 2017
1 Radiotherapy Market Overview
1.1 Product Overview and Scope of Radiotherapy
1.2 Radiotherapy Segment by Type (Product Category)
1.2.1 Global Radiotherapy Production and…