Global radiation oncology market was valued at $6.8 billion in 2019 with a CAGR of 7.4% from 2020 to 2026

Global Radiation Oncology Market Analysis and Forecast 2021-2027

Radiation oncology is a therapeutic use of radiation to treat cancer for cure or reduce pain and other symptoms caused by cancer. Radiation oncology therapy also uses computed tomography (CT) scans, ultrasound, magnetic resonance imaging (MRI), and hyperthermia (heat) as an additional intervention to aid in treatment planning and delivery.

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Top key players @ Accuray, C. R. Bard, Elekta, IBA Worldwide, Varian Medical Systems, Carl Zeiss Meditec, iCAD, IsoRay, Mevion Medical Systems, Nordion, NTP Radioisotopes, Canon Medical Systems

Rising prevalence of cancer is a key driving factor of the market. Cancer is the second leading cause of death globally. According to the World Health Organization (WHO), in 2018, around 18.1 million new cancer cases were diagnosed globally, and 9.6 million people died due to cancer. Worldwide, the total number of people alive with 5-year cancer prevalence is around 43.8 million. According to the American Cancer Society, in 2020, an estimate of new cancer cases and deaths accounts for 1.8 million new cancer cases and 606,520 cancer deaths in the United States. According to the Canadian Cancer Society, in 2020, an estimate of 225,800 new cancer cases was diagnosed and 83,300 cancer deaths in Canada. According to the World Health Organization (WHO), each year, more than 3.7 million new cancer cases are diagnosed, and 1.9 million people die from cancer in Europe. According to the World Health Organization (WHO), India accounts for 1.16 million new cancer cases in 2018. In 2018, around 752,000 new cancer cases were diagnosed, and 506,000 died due to cancer in sub-Saharan Africa.

External Beam Radiation Therapy, Systemic Beam Radiation Therapy, and Brachytherapy is the type segment of the market scope. By technology the market is divided into Stereotactic Technology, Proton Beam Therapy, Volumetric Modulated Arc Therapy (VMAT), Image-Guided Radiotherapy (IGRT), 3D Conformal Radiotherapy (3D CRT), Intensity Modulated Radiotherapy (IMRT), Low-Dose Rate Brachytherapy, High-Dose Rate Brachytherapy, and Others. By application, the market is further divided into Lung Cancer, Breast Cancer, Head and Neck Cancer, Colorectal Cancer, Prostate Cancer, and Others. The report covers value of the global market by type, technology, and application.

External Beam Radiation Therapy was dominating the global radiation oncology market in 2019. External beam radiation therapy is used to provide high-energy rays or electron beams from outside the body into the tumor. The stronger doses of external beam radiation therapy get to certain parts of the tumor and help in reducing the damage to nearby normal body tissues. External beam radiation system includes Gamma Knife, CyberKnife, and tomotherapy; these systems are used for a wide range of applications. However, the increasing commercialization of regulatory approved external beam radiation system is one of the key factor boosting the global radiation oncology market.

TABLE OF CONTENT:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecasts 2019-2025
14 Analyst’s Viewpoints/Conclusions
15 Appendix

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