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Radiation Oncology Market Advances with AI, Adaptive Therapies, and Precision Cancer Care to Reach USD 16.5 Billion by 2035
Radiation Oncology Market Advances with AI, Adaptive Therapies, and Precision Cancer Care to Reach USD 16.5 Billion by 2035
Radiation Oncology Market projected to grow at a highest CAGR of 8.9% during the forecast period of 2025 to 2035
MarketGenics, a leading name in healthcare and oncology research, announced a series of milestones in the rapidly expanding Radiation Oncology Market globally.
The market insights highlight AI integration, adaptive therapies, and the rise of external beam radiation therapy (EBRT) as the driving forces of modern cancer treatment worldwide.
Get the Detailed Industry Analysis (including the Table of Contents, List of Figures, and List of Tables) - from the Radiation Oncology Market Research Report: https://marketgenics.co/press-releases/radiation-oncology-market-77377
Recent Innovation
In May 2025, RefleXion Medical expanded its RefleXion X1 platform with biologically guided radiotherapy (BgRT), enabling real-time tumor detection and treatment using PET signals.
In April 2025, Elekta AB launched the Harmony Pro linear accelerator, powered by AI-enabled workflows to deliver faster, more customized cancer treatments.
Strategic Partnerships
In June 2025, Sanofi acquired a 16% stake in OranoMed to advance radiopharmaceutical therapies for neuroendocrine tumors.
Also in June 2025, Bristol Myers Squibb and BioNTech signed a $1.5 billion partnership to co-develop bispecific antibody BNT327 for lung cancer treatment.
To know more about the Radiation Oncology Market - Download our Sample Report: https://marketgenics.co/download-report-sample/radiation-oncology-market-77377
Radiation Oncology Market Forecast 2035
According to the report, the global Radiation Oncology Market is projected to expand from USD 6.5 Billion in 2025 to USD 16.5 Billion in 2035, growing at a CAGR of 8.9%.
The external beam radiation therapy (EBRT) segment, with ~72% share in 2025, dominates due to its non-invasive precision, wide applicability across cancer types, and compatibility with advanced imaging technologies.
Rising cancer incidence - with over 20 million new cases globally in 2024 (WHO) - and the adoption of adaptive, AI-enabled therapies are fueling industry expansion.
"Radiation oncology is undergoing a paradigm shift from anatomy-driven to biology-guided treatments. AI, adaptive radiotherapy, and hypofractionated protocols are redefining cancer care by making it faster, more precise, and patient-centric,"
said our Senior Research Analyst at MarketGenics.
Key Driver, Restraint, and Growth Opportunity Shaping the Global Market
Driver - Imaging & AI Integration: Image-guided radiotherapy (IGRT) and adaptive platforms such as Varian's Ethos and ViewRay's MRIdian A3 are improving accuracy and personalizing cancer treatment.
Restraint - High Cost & Infrastructure Barriers: Linear accelerators, proton systems, and shielding investments limit adoption in resource-constrained markets.
Opportunity - Adaptive Radiotherapy: AI-enabled adaptive platforms (e.g., Accuray's TomoTherapy Radixact with ClearRT AI) dynamically adjust treatment plans in real time, improving outcomes in complex cancers.
"The future of oncology lies in adaptive radiotherapy combined with precision imaging and AI. Providers that embrace these next-generation systems will lead in delivering value-based, outcome-driven cancer care,"
added the Director of Market Strategy at MarketGenics.
Expansion of Global Radiation Oncology Market
"External Beam Radiation Therapy Leading Oncology Innovation Worldwide"
EBRT remains the modality of choice due to versatility and continual advances in IMRT, IGRT, and stereotactic body radiotherapy (SBRT).
Hypofractionated protocols are gaining momentum, reducing hospital visits while improving patient convenience and cost efficiency.
Radiopharmaceuticals and immuno-radiotherapeutic combinations are expanding the oncology care ecosystem.
Buy Now: https://marketgenics.co/buy/radiation-oncology-market-77377
Regional Analysis of Global Radiation Oncology Market
North America: The largest market, with 2 million+ new U.S. cancer cases projected in 2025. Strong reimbursement systems, AI adoption, and precision oncology centers (e.g., GenesisCare with Elekta Unity MR-Linac) fuel dominance.
Europe: Demand supported by government-led cancer treatment programs and the adoption of proton therapy and MR-Linac systems.
Asia Pacific: High growth driven by rising cancer prevalence and investment in EBRT systems. Elekta has expanded linear accelerator installations in the region to meet patient demand.
Prominent Players
Key players operating in the global Radiation Oncology Market include:
Varian Medical Systems (Siemens Healthineers), Elekta AB, Accuray Incorporated, IBA (Ion Beam Applications), Mevion Medical Systems, Brainlab, C-Rad, and Other Key Players.
About Us
MarketGenics is a global market research and management consulting company empowering decision makers across healthcare, technology, and policy domains. Our mission is to deliver granular market intelligence combined with strategic foresight to accelerate sustainable growth.
We support clients across strategy development, product innovation, healthcare infrastructure, and digital transformation.
Contact:
Mr. Debashish Roy
MarketGenics India Pvt. Ltd.
800 N King Street, Suite 304 #4208, Wilmington, DE 19801, United States
USA: +1 (302) 303-2617
Email: sales@marketgenics.co
Website: https://marketgenics.co
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