Global Radiotherapy Devices Market CAGR Of 9.1%, Opportunities, Challenges, Evolving Trends, Huge Growth, Top Company Profiles And Forecast To 2032 - Varian Medical Systems, Elekta AB, Accuray Inc., C.R.Bard Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the radiotherapy devices market report by The Business Research Company, the technological advancement is anticipated to drive the demand for the radiotherapy devices market. The advancement in technology is helping to develop low-cost, more effective and efficient, and user-friendly products with precise and improved radiation doses for increased performance in targeting tumors. The advancement from 2D radiotherapy devices to 3D with real-time imaging enabled high conformity of radiation to improve tumor control. For instance, in June 2020, Accuray Incorporated, a US-based radiation oncology company launched CyberKnife S7 System, a radiotherapy device combining advanced precision, real-time artificial intelligence, and speed motion tracking and synchronization treatment delivery for stereotactic body radiation therapy (SBRT) and stereotactic radiosurgery (SRS) treatments.

The global radiotherapy devices market grew from $5.21 billion in 2022 to $5.69 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The radiotherapy devices market is expected to grow from $8.07 billion in 2027 at a CAGR of 9.1%.

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Major competitors in the radiotherapy devices market are Varian Medical Systems, Elekta AB, Accuray Inc., C.R.Bard Inc., IBA Ion Beam Applications SA, Koninklijke Philips N.V, Siemens AG, Eckert & Ziegler Bebig, IsoRay Inc., and GE Healthcare.

The radiotherapy devices market is segmented -
• By Product Type: External Beam Radiation Therapy Devices, Linear Accelerator Devices, Proton Therapy Devices
• By Application: Skin Cancer, Breast Cancer, Prostate Cancer, Cervical Cancer, Lung Cancer, Other Applications
• By End Users: Hospitals, Ambulatory Surgical Centers, Oncological Treatment Centers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the radiotherapy devices market.

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The radiotherapy devices market consists of sales of external beam radiation therapy devices, linear accelerator devices, and proton therapy devices that are used for radiotherapy. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Radiotherapy Devices Market Include:
1. Executive Summary
2. Radiotherapy Devices Market Characteristics
3. Radiotherapy Devices Market Trends And Strategies
4. Radiotherapy Devices Market- Macro Economic Scenario
5. Radiotherapy Devices Market Size And Growth
6. Radiotherapy Devices Market Segmentation
…………
27. Radiotherapy Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Radiotherapy Devices Market
29. Radiotherapy Devices Market Future Outlook And Potential Analysis
30. Appendix

The "Global Radiotherapy Devices Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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