Radiosurgery and Radiotherapy Robotics Market Insights 2024

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Radiosurgery And Radiotherapy Robotics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $5.37 billion In 2028 At A CAGR Of 5.3% :

The radiosurgery and radiotherapy robotics market size has grown strongly in recent years. It will grow from $4.15 billion in 2023 to $4.36 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to prevalence of cancer, demand for minimally invasive surgical techniques, increase in funding for medical robot research, global healthcare infrastructure.

The radiosurgery and radiotherapy robotics market size is expected to see strong growth in the next few years. It will grow to $5.37 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to aging population, rising acceptance of robotic technology, high tumor-treating effectiveness, government support for the radiosurgery, growing awareness of the benefits of radiosurgery and radiotherapy robots. Major trends in the forecast period include ai-assisted treatment planning, radiomics and big data analysis, remote consultations and telesurgery, nanotechnology integration, high technical of radiosurgery robotics development.

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Radiosurgery And Radiotherapy Robotics Market Major Segments
The radiosurgery and radiotherapy robotics market covered in this report is segmented -

1) By Product: X-ray Based; Gamma-ray Based; Proton-beam Based
2) By Application: External Beam Radiotherapy; Internal Beam Radiotherapy Or Brachytherapy
3) By End Use: Hospitals; Clinics; Other End Users

Key Driver - Rising Cancer Prevalence Fuels Growth In Radiosurgery And Radiotherapy Robotics Market

The increasing prevalence of cancer is expected to propel the growth of the radiosurgery and radiotherapy robotics market going forward. Cancer is a category of illnesses that can develop in nearly any organ or tissue in the body when aberrant cells proliferate uncontrollably, cross their usual boundaries and either spread to other organs or invade neighboring body parts. Radiosurgery and radiotherapy robotics play a crucial role in the treatment of cancer because by enable high geometric accuracy, assist with accurate placement and imaging and provide cutting-edge therapy choices for numerous cancers, including pancreatic cancer. For instance, in 2023, according to the American Cancer Society Inc., a US-based non-profit health group, 1.9 million new cancer cases are expected to be diagnosed in the US, an increase from 1.8 million new cancer cases diagnosed in 2020. Further, 609,820 cancer-related deaths are anticipated in the US in 2023, from 606,520 American deaths in 2020. Therefore, the increasing prevalence of cancer is driving the growth of the radiosurgery and radiotherapy robotics market.

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Prominent Trend - Leading Companies Embrace Innovative Technology With Dynamic Surface Positioning And Monitoring In Radiosurgery And Radiotherapy Robotics Market

Major companies operating in the radiosurgery and radiotherapy robotics market are focused on adopting new technological solutions, such as dynamic surface positioning and monitoring system to sustain their position in the market. It is a patient tracking system for surface-guided radiation therapy (SGRT) that use a thermal-surface camera to track patient position and identify movement during treatment. For instance, in May 2023, Brainlab, a Germany-based software and hardware developer for radiotherapy and radiosurgery, launched the ExacTrac Dynamic Surface Positioning and Monitoring System. This single-camera unit solution allows the radiation department to be uniform throughout and will enable continuous patient monitoring during breath-hold treatments. ExacTrac Dynamic Surface's primary goal is establishing department-wide consistency and delivering accurate tracking. Clinicians can benefit from a short learning curve with ExacTrac Dynamic Surface on any linac because of a single, user-friendly interface and standardized workflows.

Radiosurgery And Radiotherapy Robotics Market Players
Major players in the radiosurgery and radiotherapy robotics market are Mitsubishi Electric Corporation, Hitachi Ltd., Siemens Healthineers AG, Medtronic PLC, Elekta AB, Shinva Medical Instrument Co. Ltd., Neusoft Medical Systems Co. Ltd., Accuray Incorporated, Sumitomo Heavy Industries Ltd., Ion Beam Applications SA, Brainlab AG, ViewRay Inc., Zhuhai Hokai Medical Instruments Co. Ltd., RaySearch Laboratories AB, Mevion Medical Systems Inc., Vision Rt Limited, Sun Nuclear Corporation, Panacea Medical Technologies Pvt. Ltd., C-Rad AB, Radiadyne LLC, ProTom International Holding Corporation, CIVCO Radiotherapy, Standard Imaging Inc., Intraop Medical Corporation, Best Medical International Inc., Modus Medical Devices Inc., Mirada Medical Ltd.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the radiosurgery and radiotherapy robotics market in 2023. The regions covered in radiosurgery and radiotherapy robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Radiosurgery And Radiotherapy Robotics Market Report Structure
3. Radiosurgery And Radiotherapy Robotics Market Trends And Strategies
4. Radiosurgery And Radiotherapy Robotics Market - Macro Economic Scenario
5. Radiosurgery And Radiotherapy Robotics Market Size And Growth
…..
27. Radiosurgery And Radiotherapy Robotics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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