Radiotherapy Market Manufacturers, Research Methodology, Competitive Landscape and Business Opportunities by 2027

The global Radiotherapy Market is expected to reach USD 7.65 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing prevalence of cancer across the globe, rise in geriatric population, and rise in adoption of radiotherapy. The technological advancement and increasing awareness among the public have led to an increase in the number of surgical operations, which in turn is augmenting the demand for the industry. Increasing technological advances in the radiotherapy is one of the factors snowballing, the market growth. For instance, Stereotactic body radiation therapy (SBRT) which differentiate between healthy cells and cancer cells and provide optimum efficacy

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The Covid-19 Impact:

The research report draws attention to the profound impact of the COVID-19 pandemic on the global Radiotherapy market and its crucial segments. The report evaluates the key factors influencing the market growth and considers the COVID-19 pandemic as one of the contributing elements for the economic slowdown of the market. The pandemic has altered various aspects of the global Radiotherapy market scenario. However, this report offers an extensive COVID-19 impact analysis of the market to help readers gain knowledge of the significant effects of the outbreak on the present and future scenario of this business space. Hence, this is the newest report offering full coverage of the current economic situation that caused a global health crisis.

Key Highlights From The Report

• Rising technological advances and increasing prevalence of cancer many field players are engaged in investing new product development. For instance, in June 2020, a subsidiary company of the ALCEN group “PMB” launched FLASHKNiFE, the FLASH radiotherapy system used for clinical trials
• Continue increasing demand for technological advances in the market promoted several market players to develop advanced version of their product offerings. For instance, in January 2020, Elekta signed an agreement with the Institute Jules Bordet, Brussels for Elekta Unity MR-linac system, Versa H.D. linear accelerators (linacs), and to upgrade Elekta Infinity linacs. The total contract was valued at approximately USD 24.2 million. This was beneficial to provide Bordet institute advanced radiotherapy solutions.
• North America is anticipated to witness several growth opportunities leading to the increase in the level of awareness among consumers owing to the availability of a large number of research institutes, hospitals and other healthcare facilities, and also rise in the prevalence of cancer, which will significantly influence the growth of the industry.
• Key participants include Varian Medical Systems, Inc. (U.S.), Elekta (Sweden), Accuray Incorporated (U.S.), Ion Beam Applications S.A. (Belgium), Panacea Medical Technologies Pvt. Ltd. (India), ViewRay, Inc. (U.S.), IsoRay Medical, Inc. (U.S.), Provision Healthcare (U.S.), Hitachi Ltd. (Japan), Mevion Medical Systems, Inc. (U.S.) and Reflexion Medical (U.S.) among others.

Emergen Research have segmented the global Radiotherapy Market on the basis of products, types, applications, end-users, and region:

Products Outlook (Revenue in Million USD; 2017–2027)
• External Beam Radiotherapy Product
o Linear Accelerators (LINAC)
 Conventional LINAC
 Stereotactic Advanced Electron/Cobalt-60 LINAC
 CyberKnife
 Gamma Knife
 TomoTherapy
 Particle Therapy Systems
 Cyclotrons
 Synchrotrons
 Synchrocyclotrons
 Conventional Cobalt-60 Teletherapy Units
o Internal Beam Radiotherapy/Brachytherapy Products
 Seeds
 Applicators
 Afterloaders
 Electronic Brachytherapy Products
o Systemic Radiotherapy
 Iobenguane-131
 Samarium-153
 Rhenium-186
 Yttrium-90
 Radium-223
 Phosphorous-32
 Radio-Labelled Antibodies
Types Outlook (Revenue in Million USD; 2017–2027)
• External Beam Radiotherapy
o Image-guided Radiotherapy (IGRT)
o Intensity-modulated Radiotherapy (IMRT)
 TomoTherapy
 Volumetric Modulated Arc Therapy (VMAT)
o Stereotactic Therapy
o 3D Conformal Radiotherapy (3D-CRT)
o Particle Beam Therapy (Heavy-ion and Proton Therapy)
• Internal Beam Radiotherapy/Brachytherapy
o Low-dose-rate (LDR) Brachytherapy
o High-dose-rate (HDR) Brachytherapy
o Pulsed-dose-rate (PDR) Brachytherapy
• Systemic Radiotherapy
o Intravenous Radiotherapy
o Oral Radiotherapy
o Instillation Radiotherapy
Applications Outlook (Revenue in Million USD; 2017–2027)
• Prostate Cancer
• Breast Cancer
• Lung Cancer
• Colorectal Cancer
• Spine Cancer
• Brain Cancer
• Pediatric Cancer
• Gynecological Cancer
• Cervical Cancer
• Head and Neck Cancer
End Use Outlook (Revenue in Million USD; 2017–2027)
• Hospitals
• Independent Radiotherapy Centers

Regional Analysis:

The global Radiotherapy market consists of various significant regional segments. Under this section of the report, the product demand, output, and estimated revenue share of each region have been ascertained. The most prominent regions dictating the global market include:
• North America (U.S., Canada, Mexico)
• South America (Brazil, Argentina, Ecuador, Chile)
• Europe (U.K., Germany, France, Italy)
• Asia Pacific (China, Japan, India, Korea)
• Middle East &Africa (Egypt, Turkey, Saudi Arabia, Iran)

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Key Reasons to Buy This Report:

• The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
• It entails a detailed inspection of the Radiotherapy market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
• The report provides the reader with a deep understanding of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and powerful business tactics.
• Furthermore, the report identifies the key regions and segments that influence the Radiotherapy market.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Radiotherapy Market Segmentation & Impact Analysis
4.1. Radiotherapy Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rise in the prevalence of cancer
4.2.2.2. Increasing geriatric population
4.2.2.3. Growing technological advances
4.2.2.4. Favorable reimbursement policies
4.2.3. Market restraints analysis
4.2.3.1. High cost of therapy
4.2.3.2. Side effects associated with therapy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

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