Press release
Rising Cancer Prevalence Drives Demand For Radiotherapy Devices: A Significant Driver Propelling The Radiotherapy Devices Market In 2025
The Radiotherapy Devices Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Radiotherapy Devices Market Size and Projected Growth Rate?
The radiotherapy devices market has experienced strong growth in recent years. It will grow from $6.13 billion in 2024 to $6.71 billion in 2025, at a CAGR of 9.5%. Factors contributing to this growth include the rising incidence of cancer, patient-centric care initiatives, the aging population, greater awareness of radiotherapy, and the increase in teletherapy and remote monitoring options.
The radiotherapy devices market is expected to reach $9.73 billion in 2029, growing at a CAGR of 9.7%. Factors behind this growth include broader use of proton therapy, integration with immunotherapy, telehealth solutions, and increased demand for precision treatments. Trends include adaptive radiotherapy, use of AI, and enhanced patient care.
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What Are the Major Segments in the Radiotherapy Devices Market?
The radiotherapy devices market covered in this report is segmented -
1) By Product Type: External Beam Radiation Therapy Devices, Linear Accelerator Devices, Proton Therapy Devices
2) By Application: Skin Cancer, Breast Cancer, Prostate Cancer, Cervical Cancer, Lung Cancer, Other Applications
3) By End Users: Hospitals, Ambulatory Surgical Centers, Oncological Treatment Centers
Subsegments:
1) By External Beam Radiation Therapy Devices: Intensity-Modulated Radiation Therapy (IMRT) Devices, Image-Guided Radiation Therapy (IGRT) Devices, Stereotactic Body Radiation Therapy (SBRT) Devices, Stereotactic Radiosurgery (SRS) Devices, 3D Conformal Radiation Therapy (3D CRT) Devices
2) By Linear Accelerator Devices: Conventional Linear Accelerators, Stereotactic Linear Accelerators
3) By Proton Therapy Devices: Cyclotron-Based Devices, Synchrotron-Based Devices, Synchrocyclotron-Based Devices
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What Are The Driving Radiotherapy Devices Market Evolution?
The growing prevalence of cancer is anticipated to fuel the expansion of the radiotherapy devices market. Radiotherapy is widely used in cancer treatment, either as a primary or supplementary therapy to shrink tumors and eliminate cancer cells. The Australian Institute of Health and Welfare reported an increase in the number of cancer cases in Australia, further driving the demand for radiotherapy devices.
Which Firms Dominate The Radiotherapy Devices Market Segments?
Major companies operating in the radiotherapy devices market include Varian Medical Systems Inc., Elekta AB, Accuray Incorporated, Becton Dickinson and Company, IBA Ion Beam Applications SA, Koninklijke Philips N.V., Siemens Aktiengesellschaft, Eckert & Ziegler Bebig, IsoRay Inc., General Electric Healthcare, Vision RT Ltd., RaySearch Laboratories AB, Theragenics Corporation, Canon Medical Systems Corporation, AngioDynamics Inc., Mitsubishi Electric Corporation, Shinva Medical Instrument Company Limited, Neusoft Medical Systems Co. Ltd., Mevion Medical Systems Inc., Optivus Proton Therapy Inc., Panacea Medical Technologies Pvt. Ltd., P-Cure Ltd., Provision Healthcare LLC, Sumitomo Heavy Industries Ltd., ViewRay Inc., Miranda Medical, Nordion Inc., NTP Radioisotopes SOC Ltd., Curium, Hitachi Ltd., Brainlab AG, Best Theratronics Ltd., ProTom International Inc., RefleXion Medical Inc., Insightec Ltd., HistoSonics Inc., Novocure Ltd., TomoTherapy Incorporated, Agile MV LLC, CIVCO Radiotherapy, Neutron Therapeutics, Diapulse Corporation of America, Johari Digital Healthcare Ltd., Alpha Tau Medical Ltd.
What Trends Are Driving Growth in The Radiotherapy Devices Market?
Artificial Intelligence (AI) is a prominent trend in the radiotherapy devices market, significantly improving the speed and accuracy of diagnosis, treatment planning, and patient outcomes. For instance, in October 2022, HCG Cancer Hospital launched AI-based radiation treatment technology that accelerates the traditional treatment planning process, thus facilitating faster and more efficient radiation delivery.
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Which Is The Largest Region In The Radiotherapy Devices Market?
North America was the largest region in the radiotherapy devices market in 2023. Asia-Pacific was the second-largest region in the global radiotherapy devices market report. The regions covered in the radiotherapy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Radiotherapy Devices Market?
2. What is the CAGR expected in the Radiotherapy Devices Market?
3. What Are the Key Innovations Transforming the Radiotherapy Devices Industry?
4. Which Region Is Leading the Radiotherapy Devices Market?
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