Radiotherapy Industry Share, Segment Analysis, Latest Trends, Top Companies and Growth Forecast Report 2030

The radiotherapy market will advance at a rate of 8.4% in the years to come to reach USD 17,194.4 million by 2030. The growing frequency of cancer and increasing acceptance of advanced treatment procedures are the key factors supporting the growth of the market.

External-Beam Equipment will observe the fastest growth in the years to come. In this radiation therapy high-energy X-ray radiation is transported to tumors within the body of the patient by a machine outside it.

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Hospitals generated the highest revenue in the recent past, as stated by a market expert at P&S Intelligence. This is because most of the radiotherapy processes are done at hospitals, in the supervision of trained healthcare specialists, as a result of their intricacy.

These healthcare settings are the preliminary point of contact for the analysis and treatment of infections because they deliver the best-possible service, which is the reason this category will have the highest rate till 2030

North America generated the highest revenue in the recent past, and it will continue its dominance in the years to come.

The U.S. was the leader in North America because of the wide installation of radiotherapy equipment. Moreover, the existence of a countless number of private research institutes and healthcare providers, heavily deploying radiotherapy systems is supporting the growth of the market, as is its enormous healthcare spending.

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APAC radiotherapy market will grow the fastest in the years to come. The main factors supporting this industry growth include the increasing burden of cancer, inciting investments by public and private organizations, and improving healthcare infra.

The rising burden of continuing diseases is disturbing LMICs, in addition to high-income countries. For example, cancer is one of the most-dominant chronic illnesses globally.

As per the American Institute of Cancer Research, by 2030, the count of new cancer cases will reach about 25 million. Most of these cases will be recorded in LMICs, for example China and India.

Tech progressions in treatment protocols have powered the requirement of the demand for automated products, which can be combined into clinical practice systems for reducing the time and surge the efficiency of treatments. As a result of these expansions, the market will have a positive effect in the future. With tech progressions, there has been a widespread emphasis on the enhancement of patient care.

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Moreover, the obtainability of automated, more-efficient, and innovative clinical tools in radiation therapy and arrival of SBRT, IMRT, IGRT, VMAT, SRS, proton therapy, and brachytherapy, are contributing significantly to the growth of the industry for radiotherapy equipment.

Increasing healthcare expenditure all over the world, has a lot to do with the increasing requirement for radiotherapy, in the years to come.

Market Size Breakdown by Segment

By Type
• External Beam
o By product
 Linear accelerators (LINACs)
 Particle/proton therapy systems
 Conventional cobalt-60 teletherapy systems
o By technology
 Stereotactic therapy
 Image-guided
 Intensity-modulated
 Particle beam therapy
 3D conformal
• Internal Beam
o By product
 Seeds
 Electronic brachytherapy systems
 Afterloaders
 Applicators
o By technology
 High-dose rate (HDR)
 Low-dose rate (LDR)
 Pulsed-dose rate (PDR)
• Systemic
By End User
• Hospitals
• Independent Radiotherapy Centers
• Cancer Research Institutes

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This release was published on openPR.