North America Radiotherapy Market Insights by Growth, Emerging Trends and Forecast By 2028

The Radiotherapy market in North America is expected to grow from US$ 2,625.7 million in 2021 to US$ 4,007.3 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028. Growing implementation of preventive healthcare and disease diagnosis programs is creating lucrative growth opportunities for the radiotherapy market players. For instance, all provinces in Canada have breast cancer screening programs for women with 50-74 years of age. Moreover, in November 2020, the WHO announced initiation of a strategic program to accelerate the elimination of cervical cancer. In order to achieve the objective, the organization announced three key steps - vaccination, screening, and treatment. The governments and healthcare organizations are focusing on implementation of strategic guidelines and policies to accelerate the market growth. For instance, in March 2021, the collaboration by the International Atomic Energy Agency (IAEA) and the WHO issued new guidelines to procure radiotherapy with an aim to improve the access of radiotherapy. These new technical guidelines focus on the selection of radiotherapy equipment, its utilization, and quality maintenance by healthcare facilities.

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key companies profiled in this research study are: 
Siemens Healthineers AG
Accuray Incorporated
Sumitomo Heavy Industries, Ltd.
Elekta AB
Hitachi, Ltd.
Koninklijke Philips N.V.
Brainlab AG
PROTOM INTERNATIONAL
Varian Medical Systems, Inc.

NORTH AMERICA RADIOTHERAPY MARKET SEGMENTATION:

By Type:
External-Beam Radiation Therapy
Internal Radiation Therapy
Systemic Radiotherapy/Radiopharmaceuticals

By Product:
External Beam Radiotherapy Products
Internal Radiotherapy Products
Radiotherapy Software
Others

By Application:
Breast Cancer
Lung Cancer
Colorectal Cancer
Prostate Cancer
Cervical Cancer
Liver Cancer
Thyroid Cancer
Lymphoma
Spine Cancer
Brain Cancer
Others

By End User:
Hospitals
Specialty Clinics
Radiation Therapy Centres

Radiotherapy is majorly used to control the growth of the tumor and with the minimum exposure to the surrounding normal and healthy tissue. Radiotherapy uses high-energy radiation, generally x-rays, to destroy the cancer cells and treat tumors in the prostate, breast, head & neck, lung and at any other parts in the body where radiation treatment is indicated. Advances in radiotherapy have been made in the last few years, as improvements in imaging modalities, powerful computers and software and delivery systems have enabled technologies.

Thus, the rising prevalence of cancer across the region is expected to create a significant demand for radiotherapy in the coming years, which is further anticipated to drive the radiotherapy market.

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Major Features of North America Radiotherapy Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Radiotherapy Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America Radiotherapy Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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