Press release
Radiation Therapy & Diagnostic Imaging Equipment Market Is Driven By Rise in Incidence of Diseases, Such As Cancer and Other Chronic Ailments Requiring Radiation Therapy
Radiation therapy uses high-energy rays to inhibit the growth and division of these cells to destroy abnormal cells such as cancer cells. Radiation is produced in machines (external radiation) or small containers of radioactive material. Diagnostic imaging equipment uses electromagnetic radiation to create an internal structural image of the human body for accurate diagnosis.The world market for radiotherapy and diagnostic imaging equipment is dominated by increased incidence of diseases such as chronic diseases that require cancer and other radiotherapy. In addition, market growth is accelerating due to increased demand for oncology information systems (OIS) and continued growth in medical expenditures. However, lack of health care professionals and systems inhibits market growth. Technology advances such as automation and new radiation therapies such as plasma radiotherapy and diagnostic imaging equipment also provide opportunities for market growth.
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The key players operating in the global radiation therapy & diagnostic imaging equipment market are
• Varian Medical Systems
• Elekta AB
• Accuray Incorporated
• Nordion
• Isoray Medical
• Raysearch Laboratories AB
• Mevion Medical Systems
• C.R. Bard
• Mitsubishi Electric Corporation
• Theragenics Corporation
• P-Cure Ltd.
• Viewray Inc.
• Panacea Medical Technologies Pvt. Ltd.
• Pronova Solutions LLC.
The global radiotherapy & diagnostic imaging equipment market is segmented based on type, end user and region. These types are classified as CT (computed tomography) scanners, magnetic resonance imaging (MRI) systems, linear accelerators, and CT simulators. It is divided into hospitals and clinics based on end users. Geographically analyzed in North America, Europe, Asia Pacific and LAMEA.
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Key Benefits
• The study provides an in-depth analysis of the global radiation therapy & diagnostic imaging equipment market along with current trends and future estimations to elucidate the imminent investment pockets.
• It presents a quantitative analysis from 2016 to 2023 to enable stakeholders to capitalize on the prevailing market opportunities.
• Extensive analysis of the market by type elucidates various forms of radiation therapy and diagnostic imaging equipment available across various regions.
• Key market players and their strategies are analyzed thoroughly to predict the competitive outlook of the market.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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