Press release
Will Next-Gen Medical LINACs Revolutionize Cancer Treatment? - Arizton
The global medical linear accelerator market is growing at a CAGR of over 7% during the forecast period 2019-2025.The rising prevalence of cancer is the key factors propelling the medical LINAC market. Cancer treatment involves many complications and side effects, the majority of which can easily be avoided with external RT using LINACs. LINACs are breakthrough devices that have revolutionized cancer treatment with their cost-effectiveness, despite the need for substantial capital investment in cancer facilities and equipment. Arizton predicts that the demand for innovative LINAC systems which use 3-D conformal radiation, Intensity-modulated radiation therapy (IMRT), external beam radiation therapy (EBRT), Image-guided radiation therapy (IGRT), SRS, and SBRT for safe and effective clinical cancer treatment will increase among patients and radiation oncologists/HCPs.
Arizton's recent market research report considers the present scenario of the medical linear accelerator market and its market dynamics for the period 2019-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply aspects of the market. The report profiles and examines leading companies and other prominent companies operating in the market.
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https://www.arizton.com/market-reports/medical-linear-accelerator-market
Medical Linear Accelerator Market - Dynamics
Here are the list of trends and drivers that are impacting the revenues and profitability in the medical linear accelerator market:
o Growing Prevalence of Cancer
o Technological Advances/Innovations
o Increasing Demand for Non-Invasive Cancer Treatment
o Product Approvals/Launches
o Emergence of MRI-Based LINACs
o Growing Popularity of Robotic Radiotherapy
o Integration of AI in LINACs
Medical Linear Accelerator Market - Segmentation
This research report includes detailed segmentation by product, application, end-user, and geography.
o The rapid use of radiotherapy with medical linear accelerator equipment for the treatment of breast cancer, along with the growing incidence of these cases, is responsible for the segment growth. With the increasing prevalence of breast cancers, the demand for advanced treatment options such as radiotherapy devices is expected to grow as they are highly targeted and effective in destroying the malignant cells.
o The academic institute & research centers segment is growing at a healthy rate due to the availability of advanced radiotherapy techniques such as 3D, 4D and Intensity-modulated radiation therapy (IMRT), external beam radiation therapy (EBRT), Image-guided radiation therapy (IGRT), and magnetic resonance (MR) linear accelerator therapy.
o The emergence of artificial intelligence is revolutionizing the medical imaging devices market. Advancement in machine learning (ML) and artificial intelligence (AI) are rapidly transforming cancer treatment using LINAC devices.
Market Segmentation by Products
o Equipment
o Oncology Informatics/Software
Market Segmentation by Application
o Breast Cancer
o Prostate Cancer
o Lung Cancer
o Head & Neck Cancer
o Colorectal Cancer
o Others
Market Segmentation by End-users
o Hospitals
o Cancer Care Centers
o Academic Institutes and Research Centers
Market Segmentation by Geography
o North America
o US
o Canada
o APAC
o Japan
o China
o South Korea
o Australia
o India
o Europe
o Germany
o France
o UK
o Spain
o Italy
o Latin America
o Brazil
o Mexico
o Argentina
o MEA
o Turkey
o Saudi Arabia
o UAE
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Medical Linear Accelerator Market - Vendor Landscape
The market is highly consolidated as the leading two players account for approximately 90% of the global medical LINACs market. The market is witnessing rapid technological advances and is significantly affected by product launches. The key players are likely to face stiff competition from ViewRay as they recently introduced MRIdian LINAC, which is one of the most technologically advanced LINACs available in the market. The global players are also focusing on developing innovative products and expanding their product portfolio to remain competitive in the market. They are investing extensively in R&D and product developments to expand their product portfolio.
Key Vendors
o Varian Medical Systems
o Elekta
o Accuray
Other Prominent Vendors
o SHINVA MEDICAL INSTRUMENT
o Panacea Medical Technologies
o ViewRay Technologies
Medical Linear Accelerator Market - Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Products
4.4.2 Market Segmentation by Applications
4.4.3 Market Segmentation by End-users Type
4.4.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Cancer: An Overview
7.1.1 Background
7.1.2 Radiotherapy
7.2 Medical LINACs
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Growing Prevalence of Cancer
8.1.2 Technological Advances/Innovations
8.1.3 Increasing Demand for Non-Invasive Cancer Treatment
8.2 Market Growth Restraints
8.2.1 High Costs of LINACs
8.2.2 Lack of Infrastructure & Skilled Professionals
8.2.3 Alternate Treatment Options for Cancer
8.2.4 Risks and Complications Associated with RT
8.3 Market Opportunities and Trends
8.3.1 Product Approvals/Launches
8.3.2 Emergence of MRI-Based LINACs
8.3.3 Growing Popularity of Robotic Radiotherapy
8.3.4 Integration of AI in LINACs
9 Global Medical Linear Accelerator Market
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 Medical Linear Accelerator Market by Product Type
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.3 Equipment
10.3.1 Market Overview
10.3.2 Market Size & Forecast
10.4 Software
10.4.1 Market Overview
10.4.2 Market Size & Forecast
11 Medical Linear Accelerator Market by Application
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Breast Cancer
11.3.1 Market Overview
11.3.2 Market Size & Forecast
11.4 Prostate Cancer
11.4.1 Market Overview
11.4.2 Market Size & Forecast
11.5 Lung Cancer
11.5.1 Market Overview
11.5.2 Market Size & Forecast
11.6 Head & Neck Cancer
11.6.1 Market Overview
11.6.2 Market Size & Forecast
11.7 Colorectal Cancer
11.7.1 Market Overview
11.7.2 Market Size & Forecast
11.8 Others
11.8.1 Market Overview
11.8.2 Market Size & Forecast
12 Medical Linear Accelerator Market by End-Users
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Hospitals
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.4 Cancer Care Centers
12.4.1 Market Overview
12.4.2 Market Size & Forecast
12.5 Academic Institutes & Research Centers
12.5.1 Market Overview
12.5.2 Market Size & Forecast
13 Medical Linear Accelerator Market by Geography
13.1 Market Snapshot & Growth Engine
13.2 Overview
14 North America
14.1 Market Overview
14.2 Market Size & Forecast
14.3 Key Countries
14.3.1 US: Medical Linear Accelerator Market Size & Forecast
14.3.2 Canada: Market Size & Forecast
15 Europe
15.1 Market Overview
15.2 Market Size & Forecast
15.3 Key Countries
15.3.1 Germany: Market Size & Forecast
15.3.2 UK: Medical Linear Accelerator Market Size & Forecast
15.3.3 Italy: Market Size & Forecast
15.3.4 France: Market Size & Forecast
15.3.5 Spain: Market Size & Forecast
16 APAC
16.1 Market Overview
16.2 Market Size & Forecast
16.3 Key Countries
16.3.1 China: Medical Linear Accelerator Market Size & Forecast
16.3.2 Japan: Market Size & Forecast
16.3.3 India: Market Size & Forecast
16.3.4 Australia: Market Size & Forecast
16.3.5 South Korea: Market Size & Forecast
17 Latin America
17.1 Market Overview
17.2 Market Size & Forecast
17.3 Key Countries
17.3.1 Brazil: Medical Linear Accelerator Market Size & Forecast
17.3.2 Mexico: Market Size & Forecast
17.3.3 Argentina: Market Size & Forecast
18 Middle East & Africa
18.1 Market Overview
18.2 Market Size & Forecast
18.3 Key Countries
18.3.1 Turkey: Medical Linear Accelerator Market Size & Forecast
18.3.2 Saudi Arabia: Market Size & Forecast
18.3.3 South Africa: Market Size & Forecast
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Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including -Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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