Press release
Radiotherapy Market Analysis with Global Market Size, Industry Share, trends and Forecast to 2025
Technological advancements in radiotherapy and increasing government investments to meet the demand for cancer treatment are some key trend triggering the growth of the radiotherapy market over the forecast period
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Key driving factor for the radiotherapy market is increasing prevalence of cancer. Since, radiotherapy tests allows clinicians to identify and detect organism accurately and helps to offer proper guidance to clinicians thereby, promoting the demand for radiotherapy tests over the forecast period. According to Cancer index, it was estimated that around 2,814,000 of Chinese would die from cancer in 2015 equivalent to around 7,500 cancer deaths every day on an average basis in the country. Similarly, as per the National Institute of Cancer Prevention and Research of India, 1 woman affected by cervical cancer dies due to its impact in every 8 minutes. For every 2 women newly diagnosed with breast cancer, 1women die. Every year, over 7 lakh cancer cases are registered in India which in turn causes 5,56,400 deaths in year that is fueling the adoption and utility of radiotherapy in India. Also, as per the National Cancer Control Strategy (2017-2022), Cancer is estimated to be the 3rd leading cause of death after cardiovascular diseases and infectious diseases in Middle East & Africa region. Thus, high prevalence of cancer would increase the need for radiotherapy treatment as it is beneficial to treat cancer, promoting the growth of the radiotherapy market. Furthermore, growing awareness about the advantages of radiotherapy along with the use of particle therapy for cancer treatment offers lucrative growth prospects for the Radiotherapy market. However, lack of trained personnel expected to hinder the growth of the market during the forecast period.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each players covered in this report.
The following players are covered:
• GE Healthcare
• Siemens AG
• Canon Medical Systems Corporation
• Varian Medical Systems, Inc.
• Ion Beam Applications
• Nordion
• Isoray
• Mirada Medical
• Elekta AB
• Varian Medical Systems Inc.
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The detailed segments and sub-segment of the market are explained below:
Global Radiotherapy Market: Segmentation by Type -
• External Beam Radiation Therapy
• Internal Radiation Therapy
• Systemic Radiation Therapy
Global Radiotherapy Market: Segmentation by Application-
• Skin & Lip Cancer
• Breast Cancer
• Head & Neck Cancer
• Prostate Cancer
• Cervical Cancer
• Spine Cancer
• Lung Cancer
• Others
Global Radiotherapy Market: Segmentation by Regions-
• North America
• Europe
• Asia Pacific
• LAMEA
• ROW
Global Radiotherapy Market: Segmentation by End-user-
• Hospitals
• Cancer Research Institutes
• Ambulatory & Radiotherapy Centers
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