openPR Logo
Press release

Thyroid Function Test Market to Grow at a CAGR of 5.4% from 2022 to 2031

08-04-2022 11:23 AM CET | Health & Medicine

Press release from: Transparency Market Research

Radiation Therapy Market Outlook 2031

• The global radiation therapy market was valued at US$ 6.3 Bn in 2021

• The global market is projected to grow at a CAGR of 5.4% from 2022 to 2031

• The global radiation therapy market is anticipated to reach US$ 10.6 Bn by the end of 2031

Read Report Overview: https://www.transparencymarketresearch.com/radiation-therapy-market.html

Overview of Radiation Therapy Market
Radiotherapy, also called radiation therapy, is a treatment provided to cancer patients. In this therapy, tumor cells are killed by using X-rays.

External beam therapy and internal radiation therapy are the two primary types of radiotherapy. Radiotherapy depends on various factors such as type of cancer, size of the tumor, location of the tumor in the body, and other general parameters of the body.

Flash therapy is one of the key trends in radiation oncology. Furthermore, image-guided radiotherapy has become popular in the market. Emerging economies such as India, China, Brazil, and Malaysia offer numerous opportunities in the health care sector.

Development of health care systems in these countries is propelling the demand for radiation therapy for cancer and radiation therapy equipment.

Request A Free Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=36080

Technological advancements have been driving the global radiation therapy market over the last few years. Increase in R&D activities, rise in number of patients suffering from diseases such as cancer, and rapid growth of the health care sector in developed and developing economies have led to the introduction of new & technologically superior systems for treatment. This is likely to propel the global radiation therapy market in the next few years.

Rise in Demand for Non-invasive Treatment Procedures to Drive Global Radiation Therapy Market

There has been a paradigm shift in the health care sector in terms of usage of methods to treat diseases, from those causing substantial pain to those that are minimally invasive and cause less pain.

Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=36080

Brachytherapy is one such painless therapy compared to X-ray therapy. Brachytherapy kills tumor cells or cancer cells without causing any harm or pain to the cancer patient.

Treatments are delivered with a series of daily sessions or over a prescribed period. Rise in preference for non-invasive treatment procedures is creating lucrative opportunities for players in the global radiation therapy market.

Increase in Incidence of Cancer to Boost Global Radiation Therapy Market

The number of cancer patients is increasing rapidly across the globe. According to the WHO, cancer was the second largest cause of death globally, accounting for 10 million deaths in 2020.
Cancer accounts for an estimated 9.6 million deaths (one in six deaths) globally each year.

According to the American Institute of Cancer Research, around 18 million cancer cases were diagnosed across the world in 2018. Thus, increase in number of cancer patients is driving the global radiation therapy market.

External Beam Radiation Therapy Helps Increase Patient Outcomes

In terms of type, the global radiation therapy market has been bifurcated into external beam radiation therapy and internal radiation therapy. The external beam radiation therapy segment accounted for a large share of the global market in 2021.

Increase in incidence and prevalence rates of cancer in developing and developed countries across the world, rise in technological advancements, and surge in health care spending are projected to boost the global radiation therapy market during the forecast period.

Request Report Methodology: https://www.transparencymarketresearch.com/sample/sample.php?flag=RRM&rep_id=36080

Cancer centers are making external beam radiation therapies, such as 3-D conformal radiation therapy, intensity-modulated radiation therapy (IMRT), and stereotactic radiosurgery, increasingly available to improve patient outcomes.

Such therapy options are enabling health care companies to increase their R&D activities in oncology radiation therapy.

High Cancer Patient Footfall in Hospitals to Benefit Market Players

Based on end-user, the global radiation therapy has been divided into hospitals, specialty clinics, and others. The hospitals segment is projected to account for major share of the global market

during the forecast period. This can be attributed to the rise in cancer patient population and growth in usage of various radiation therapies in hospitals. Surgeons are increasingly adopting intraoperative radiation therapy (IORT) in hospitals, since IORT facilitates higher effective doses of radiation as compared to the conventional radiation therapy.

Regional Outlook of Global Radiation Therapy Market

North America is projected to account for substantial share of the global radiation therapy market from 2022 to 2031. Increase in incidence of cancer, new product approvals, rise in mergers & acquisitions, and surge in health care expenditure are anticipated to augment the radiation therapy market in the region during the forecast period.

According to the CDC, the total number of new cases of cancer in the U.S. is likely to increase by 24% in men and nearly 21% in women every year.

Rise in research & development activities, availability of more efficient & precise treatments for cancer, and collaborations among manufacturers are anticipated to drive the market in Europe during the forecast period.

The market in Germany is expected to advance at a high CAGR from 2022 to 2031. This is evident as health care providers are paying more attention to radiotherapy patient positioning, as this technique helps give a patient more radiation in fewer sessions, thus saving upon time and money.

Ask References: https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=36080

Rise in number of local players and presence of rapidly developing countries such as India are likely to augment the market in Asia Pacific.
Increase in launch of new products by manufacturers is also projected to drive the radiation therapy market in Asia Pacific in the next few years.

Analysis of Key Players in Radiation Therapy Market

The global radiation therapy market is consolidated, with a small number of large players accounting for a significant share. Leading companies are making significant investments in research & development activities. Diversification of product portfolios and mergers & acquisitions are the important strategies adopted by key players. Elekta AB, Varian Medical Systems, IBA Radiopharma Solutions, Accuray Incorporated, Isoray, Inc., Mevion Medical Systems, Hitachi, Ltd., ViewRay, Inc., and Panacea Medical Technologies Pvt. Ltd. are the prominent players operating in the global radiation therapy market.

More Trending Reports by Transparency Market Research:

Hemoglobin A1c Testing Devices Market: https://www.transparencymarketresearch.com/hemoglobin-a1c-testing.html

Medical Image Analysis Software Market: https://www.transparencymarketresearch.com/medical-image-analysis-software-market.html

Extracorporeal Membrane Oxygenation Machine Market: https://www.transparencymarketresearch.com/extracorporeal-membrane-oxygenation-machine-market.html

Durable Medical Equipment Market: https://www.transparencymarketresearch.com/durable-medical-equipment-market.html

Disposable Syringes Market: https://www.transparencymarketresearch.com/disposable-syringes-market.html

Veterinary Endoscopes Market: https://www.transparencymarketresearch.com/veterinary-endoscopes-market.html

Medical Foods Market: https://www.transparencymarketresearch.com/medical-foods-market.html

Surgical Retractors Market: https://www.transparencymarketresearch.com/surgical-retractors-market.html

About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website:
https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

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 Thyroid Function Test Market to Grow at a CAGR of 5.4% from 2022 to 2031 here

News-ID: 2697827 • Views:

More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 - Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth. Uncover essential discoveries and trends from
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Radiopharmaceuticals to Propel Market Expansion | Transparency Market Research, Inc
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth. Discover essential conclusions and data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100 Analysts' Viewpoint The Technetium‐99m
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to US$ 280 Million by 2030, Driven by Rising Equine Diseases and Diagnostic Advancements
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of 6.1%
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,

All 5 Releases


More Releases for Market:

Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview: The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned? In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects. The International Technology Roadmap for Semiconductors (ITRS) has emphasized
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by