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Linear Accelerators for Radiation Market: Competitive Dynamics & Global Outlook 2023
Press release from: Market Research Report Store
New report published by Market Research Report Store (MRRS) which offers insights on the global Linear Accelerators for Radiation market.
Linear Accelerators (for Radiation) is a device that uses high Radio-Frequency (RF) electromagnetic waves to accelerate charged particles (i.e. electrons) to high energies in a linear path, inside a tube like structure called the accelerator waveguide. The resonating cavity frequency of the medical LINACs is about 3 billion Hertz (cycles/sec). This is the most common device to treat cancer with external beam radiation.
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Global Linear Accelerators for Radiation Market: Forecast by Type / Application / Region
A linear accelerator (LINAC) customizes high energy x-rays or electrons to conform to a tumor’s shape and destroy cancer cells while sparing surrounding normal tissue. It features several built-in safety measures to ensure that it will not deliver a higher dose than prescribed and is routinely checked by a medical physicist to ensure it is working properly.
LINAC (linear accelerator) is a must-have for any radiation oncology care provider. Approximately 60 percent of all cancer cases in the U.S. involve some form of radiation therapy, and recent technological improvements by linear accelerator manufacturers allow for unprecedented accuracy and safety in treating tumors, and limiting effects on the surrounding normal tissue.
Based on product types, the market is segmented into Low-energy and High-energy Linacs. Low-energy Linacs is leading the market consumption, in 2016, the Low-energy Linacs production was 1138 Units and the market share was 76.48% and it will be 1737 Units and 71.45% in 2022, with a Growth Rate 7.30% from 2016 to 2022. In 2016, the High-energy Linacs production was 350 Units and the market share was 23.52%, and it will be 694 Units and 28.55% in 2022, with a Growth Rate 12.09% from 2016 to 2022.
Based on end users, the market is segmented into Hospitals & Clinics, Research Institute & Medical Schools. Hospitals is the major application of Linear Accelerators for Radiation, in 2016, the Linear Accelerators for Radiation consumption (sales) in Hospitals was 1369 Units, and it will reach 2234 Units in 2022; while the sales market share in Hospitals was 92.00% in 2016 and will be 91.90% in 2022.
Major players in this market are Varian Medical Systems, Elekta, ACCURAY and Siemens, totally they comprises 93.82% market share in 2016. There are also many small players with small output numbers in this market, but the global market pattern will not change very significantly due to the high technical barrier and brand Influential.
Over the next five years, LPI(LP Information) projects that Linear Accelerators for Radiation will register a 9.5% CAGR in terms of revenue, reach US$ 3930 million by 2023, from US$ 2500 million in 2017.
Global Linear Accelerators for Radiation Market: Key Players
Varian Medical Systems
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United States Linear Accelerators for Radiation Market Research Report 2018
Europe Linear Accelerators for Radiation Market Research Report 2018
North America Linear Accelerators for Radiation Market Research Report 2018
Asia-Pacific Linear Accelerators for Radiation Market Research Report 2018
China Linear Accelerators for Radiation Market Research Report 2018
EMEA Linear Accelerators for Radiation Market Research Report 2018
Global Linear Accelerators for Radiation Market Research Report 2018
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