openPR Logo
Press release

Global Radiotherapy Market 2020 New Informative Study || Leading Players –Elekta AB, and Accuray, Inc. along with others CIVCO Medical Solutions, Brainlab AG, C. R. Bard, Inc., IsoRay Medical, Inc.

10-23-2020 08:13 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Radiotherapy Market

Global Radiotherapy Market

Global Radiotherapy Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.7% in the forecast period of 2020 to 2027 and is expected to reach USD 8,654.95 million by 2027. Growing prevalence of cancer disease, novel technology in radiotherapy for cancer treatment, increasing adoption of radiotherapy devices and procedures and rising preference for non-surgical procedures are the major drivers which propelled the demand of the radiotherapy market in the forecast period.

Get Sample Report + All Related Graphs & Charts (with COVID 19 Analysis) @
 http://databridgemarketresearch.com/request-a-sample/?dbmr=global-radiotherapy-market&pm

Global Radiotherapy Market, By Type (External-Beam Radiation Therapy, Internal Radiation Therapy, Systemic Radiotherapy/Radiopharmaceuticals and Others), Product (External Beam Radiotherapy, Internal Radiotherapy Products, Radiotherapy Software and Others), Application (Breast Cancer, Lung Cancer, Prostate Cancer, Colorectal Cancer, Lymphoma, Liver Cancer, Thyroid Cancer, Brain Cancer, Cervical Cancer, Spine Cancer and Others), End User (Hospitals, Radiation Therapy Centers, Specialty Clinics and Others), Distribution Channel (Direct Tender, Retail Sales and Others), Country (U.S., Canada & Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Ukraine, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of Middle East and Africa) Industry Trends and Forecast to 2027

The major factors driving the growth of this market are rising incidence of cancer, increasing acceptance of adaptive radiation therapy (ART), growing pool of geriatric population and increasing number of cancer treatment facilities. These factors increase the demand for radiotherapy devices. On the other hand, high cost of radiotherapy equipments and lack of skilled professionals may hinder the growth of the market.

Global Radiotherapy Market Key Drivers:

Some of the major factors driving the market for radiotherapy market are increasing patient pool for cancer, increasing ageing population, increase in out-patient cancer facilities and increasing demand for better radiotherapy equipments and replacement of out dated products. One of the major factors for growth of these devices is owing to unmet needs of radiotherapy infrastructure in emerging and developed economies.

Regulatory scenario and the high cost of radiotherapy are the factors which may hinder the growth of this market.
Many companies are increasingly focusing on radiotherapy devices in order to strengthen their product portfolios in the radiotherapy market.
Increment in patient mindfulness levels with respect to early infection diagnostics will drive the market in future.

Competitive Landscape and Radiotherapy Market Share Analysis

Radiotherapy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to radiotherapy market.

The major players covered in the radiotherapy market report are Varian Medical Systems, Inc., ProTom International, Mevion Medical Systems, VIEWRAY TECHNOLOGIES, INC. (a subsidiary of ViewRay), Siemens Healthcare GmbH, Elekta AB, Accuray Incorporated, IBA Worldwide, Eckert & Ziegler BEBIG, RaySearch Laboratories, Brainlab AG, Koninklijke Philips N.V., GE Healthcare, Hitachi, Ltd., Advanced Accelerator Applications (a subsidiary of Novartis AG), Provision Healthcare., Nordion (Canada) Inc., Sumitomo Heavy Industries, Ltd., CIVCO Radiotherapy (a subsidiary of Roper Technologies) and Isoray Inc among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.  

Many product launches and agreements are also initiated by the companies’ worldwide which are also accelerating the radiotherapy market.

For instance,  

In May 2020, Elekta AB have launched new product Leksell Gamma Knife, a next-generation treatment optimizer for intracranial stereotactic radiosurgery. With launching new product, the company enhanced their product portfolio and generates adequate revenue.
In September 2019, Siemens Healthcare GmbH has introduced two dedicated CT systems Somatom go.Sim and Somatom go.Open Pro for the radiation therapy planning. The new system makes radiotherapy planning more accurate. With launching new products, the company has enhanced their product portfolio and generated adequate revenue into the market.

Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the radiotherapy market which also provides the benefit for organisation to improve their offering for radiotherapy.

Global Radiotherapy Market Scope and Market Size

Global radiotherapy market is segmented into five notable segments which are based on type, product, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, the radiotherapy market is segmented into external-beam radiation therapy, internal radiation therapy, systemic radiotherapy/radiopharmaceuticals and others. In 2020, external-beam radiation therapy segment is expected to dominate in the radiotherapy market due to the high adoption of external-beam radiation therapy for the treatment of breast cancer, lung cancer, prostate cancer, colorectal cancer, lymphoma, liver cancer, thyroid cancer, brain cancer, cervical cancer, and spine cancer among others.
On the basis of product, the radiotherapy market is segmented into external beam radiotherapy, internal radiotherapy products, radiotherapy software and others. In 2020, external beam radiotherapy segment is expected to dominate in the radiotherapy market due to increasing demand of external-beam radiation therapy devices such as linac, proton therapy, cyber knife, gamma knife for treatment of breast cancer, lung cancer, prostate cancer, colorectal cancer, lymphoma, liver cancer, thyroid cancer, brain cancer, cervical cancer, and spine cancer among others.
On the basis of application, the radiotherapy market is segmented into breast cancer, lung cancer, prostate cancer, colorectal cancer, lymphoma, liver cancer, thyroid cancer, brain cancer, cervical cancer, spine cancer and others. In 2020, breast cancer segment is expected to dominate in the radiotherapy market due to the increasing prevalence of breast cancer across the world, also breast cancer is the most common cancer in women worldwide. 
On the basis of end user, the radiotherapy market is segmented into hospitals, radiation therapy centers, specialty clinics and others. In 2020, hospitals segment is expected to dominate in the radiotherapy market as the radiotherapy procedure is performed as an outpatient procedure in the hospitals that normally takes less than 60 minutes and hospitals are one of the first contact point and the most trustable option for the patients in various countries for the treatment of cancer disease.  
On the basis of distribution channel, the radiotherapy market is segmented into direct tender, retail sales and others. In 2020, direct tender segment is expected to dominate in the radiotherapy market as most of the hospitals, radiation therapy centers, specialty clinics, ambulatory surgical centers and academic and research organizations prefer direct tender for seeking the benefits of bulk buying, discounts and easily availability of products.

For More Insights Get FREE Detailed TOC @
https://www.databridgemarketresearch.com/toc/?dbmr=global-radiotherapy-market&pm

Global Radiotherapy Market Landscape:

Varian Medical Systems, Inc. dominated the radiotherapy market followed by Elekta AB, and Accuray, Inc. along with others CIVCO Medical Solutions, Brainlab AG, C. R. Bard, Inc., IsoRay Medical, Inc., Nordion, Inc., RaySearch Laboratories AB, PRECISIS AG, Mevion Medical Systems, Inc., TechnicasRadiofiscas S.L., Hitachi, Ltd., Sumitomo Heavy Industries, Ltd., Mitsubishi Electric Corporation, ProNova Solutions, LLC, and ProTom International

Beam radiotherapy market is growing with the highest CAGR.
Globally external beam radiotherapy is having the highest market share. However, radiotherapy software’s are growing with highest CAGR.

Related Report

North America Digital Health Monitoring Market – Industry Trends and Forecast to 2024

North America Digital Health Monitoring Devices Market, By Product (Devices, Software, Services), Type (Wireless Health, Mhealth, Telehealth, EHR/EMR, Others), End User (Hospital, Homecare Settings, Clinics, Ambulatory Surgical Centres, Others), Country (U.S., Canada and Mexico)- Industry Trends and Forecast to 2026

Report Access: http://databridgemarketresearch.com/reports/north-america-digital-health-monitoring-devices-market?pm

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: Sales@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Radiotherapy Market 2020 New Informative Study || Leading Players –Elekta AB, and Accuray, Inc. along with others CIVCO Medical Solutions, Brainlab AG, C. R. Bard, Inc., IsoRay Medical, Inc. here

News-ID: 2170449 • Views: 426

More Releases from Data Bridge Market Research

Artificial Intelligence Market  2021 is Booming Worldwide with Key Players like …
Artificial Intelligence market report is presented to the clients that extend their reach to success. Market parameters covered in this advertising report can be listed as market definition, currency and pricing, market segmentation, market overview, premium insights, key insights and company profile of the key market players. Each parameter included in this business research report is again explored deeply for the better and actionable market insights. Geographical scope of the
Traction Battery Market 2021 is Booming Worldwide with Key Players GS Yuasa Inte …
Traction Battery market report also recognizes and analyses the growing trends along with major drivers, restraints, challenges and opportunities in the  industry. This finest market research document has been structured with the expertise and innovation of a team of researchers, forecasters, analysts and managers. The report acts as a supreme base for the competitor analysis, analyzing their core competencies, and drawing a competitive landscape for the  industry. Traction Battery market
Tablet Kiosk Market To See Astonishing Growth | Leading Players Are Calista, Ar …
Tablet Kiosk is a professional and a meticulous report which focuses on primary and secondary drivers, market share, leading segments and geographical analysis. It endows with an analytical measurement of the main challenges faced by the business currently and in the upcoming years. This market research report offers an insightful market data and information about  industry to businesses for making better decisions and defining business strategies. The Tablet Kiosk report
 Building Analytics Market To See Astonishing Growth | Leading Players Are ENG …
 Building Analytics Market Research Report 2021 is latest research study released by Data Bridge Market Research evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support.  Building Analytics market research report reviews diverse markets at a global level in accord with the client’s requirements and scoop out the best possible solutions and detailed information about the market trends. This particular market report is a source of

All 5 Releases


More Releases for Radiotherapy

World Radiotherapy Market Forecast 2020
According to a new research report distributed by eSherpa Market Reports titled, Radiotherapy Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2015-2026, the global Radiotherapy market was valued at $XXX million in 2020, and is expected to reach $XXX million by 2026, registering a CAGR of XX% from 2015 to 2026. Europe dominated the global Radiotherapy market in 2020, accounting for one-third share of the total
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Internal Beam Radiotherapy Market
Internal beam radiation therapy involves short distance therapy. It is commonly known as brachytherapy and is used in highly targeted treatments, especially in cases of breast, cervix, prostrate, and skin cancer. The internal beam radiation therapy procedure involves placing of radioactive material inside a human body. The radioactive material is placed either close to or on the tumor. The process of internal beam radiation causes the delivery of radiation directly
Global Radiotherapy Market In depth
Global Radiotherapy Market is expected to reach USD 9.3 billion by 2024 from USD 5.2 billion in 2016, at a CAGR of 7.5% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Global Radiotherapy Market, By Type (Beam Radiotherapy (IGRT, IMRT, VMAT, Tomotherapy, 3D CRT, Proton Beam, Stereotactic),
Radiotherapy Device Market 2017 Key Manufacturers Analysis
Market Research Report on Radiotherapy Device Industry providing Global Market Landscape and its Growth Prospects over the coming years till 2022 is now available at ReportsWeb.com. This report studies Radiotherapy Device in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global
Radiotherapy Market Growth by 2022
ReportsWeb.com has announced the addition of the “Global Radiotherapy Market Research Report 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. 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 Get sample Copy at http://www.reportsweb.com/inquiry&RW0001992278/sample