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Increasing Cancer Prevalence Drives Growth In Single Dose Radiotherapy Services Market Emerges as a Core Driver of the Single Dose Radiotherapy Services Market in 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Single Dose Radiotherapy Services Market Through 2025?
The market encompassing single dose radiotherapy services has experienced robust expansion recently, projected to escalate from a valuation of $1.48 billion in 2024 to $1.6 billion by 2025, reflecting an annual growth rate of 8.1 percent, a surge during the past period fueled by progress in technology, the incorporation of extensive data analysis, the creation of mobile radiotherapy equipment, a rising deployment of robotic systems for radiation therapy, and the acceptance of planning systems hosted in the cloud.
What's the Projected Size of the Global Single Dose Radiotherapy Services Market by 2029?
A robust expansion is projected for the market encompassing single-dose radiotherapy services in the forthcoming years, with its valuation slated to reach $2.14 billion by the year 2029, demonstrating a compound annual growth rate (CAGR) of 7.6%. This upward trajectory throughout the projection timeframe stems from several key factors, notably including the broader uptake of single-administration treatment protocols, a heightened need for procedures that avoid surgical intervention, escalating worldwide spending on healthcare, an expanding segment of aged individuals, and the wider deployment of remote healthcare solutions. Significant movements shaping this market moving forward involve progress in various technologies, the incorporation of comprehensive big data analysis, the creation of portable equipment for radiotherapy delivery, greater implementation of robotic systems within radiation treatments, and the shift toward utilizing cloud infrastructure for treatment planning processes.
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Top Growth Drivers in the Single Dose Radiotherapy Services Industry: What's Accelerating the Market?
Anticipation exists that the climbing incidence of cancer will fuel the market for single-dose radiotherapy offerings in the future.Cancer, defined as a group of ailments marked by abnormal cellular multiplication, frequently resulting in masses capable of infiltrating and dispersing throughout the organism, thereby disrupting standard physiological operations, is becoming more common due to demographic shifts toward older ages, alterations in daily habits, exposure to various environmental factors, and improvements in identifying and diagnosing the condition.Single-dose radiotherapy options aid in counteracting this upward trend in cancer occurrence by administering rapid, potent treatment specifically aimed at destroying malignant cells, which could possibly improve patient results and reduce the overall impact of the disease; to illustrate this point, data released in June 2024 by the International Agency for Research on Cancer (IARC), an international body headquartered in France, indicated that new global cases of breast cancer rose from 2.26 million diagnoses in 2020 to reach 2.31 million in 2022, thus underscoring how the growing cancer rates are a significant catalyst for the expansion of the market focused on single-dose radiotherapy services.
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What Trends Will Shape the Single Dose Radiotherapy Services Market Through 2029 and Beyond?
A key trend among significant firms actively participating in the single-dose radiotherapy service sector involves a heightened concentration on pioneering novel technologies, like computed tomography systems specifically for radiation therapy, aiming to either lift the exactness of their imagery or make the setup procedures for cancer treatment less complicated. This novel computed tomography setup for radiation therapy represents a sophisticated imaging apparatus engineered to boost the exactness of radiation delivery, concurrently, the iteration of the smart radiation therapy platform, now augmented with artificial intelligence capabilities, integrates AI components to tailor and perfect the strategies for radiation treatment. As a concrete illustration, GE HealthCare, a United States-based developer of medical equipment, introduced both the Revolution RT and the revised Intelligent Radiation Therapy (IRT) system in May of 2024; these introductions offer better imaging fidelity, smoother operational procedures, and personalization powered by artificial intelligence, where the Revolution RT zeroes in on the accurate simulation process for radiotherapy, and the newly updated iRT system works towards streamlining processes while simultaneously boosting accuracy. Such forward movement in radiotherapy technology fundamentally leads to superior image precision, streamlined operational steps, and increased personalization and analytical power, ultimately perfecting the application of one-time radiation treatments for each patient and making these services more efficient, beneficial, and readily available.
What Are the Main Segments in the Single Dose Radiotherapy Services Market?
The single dose radiotherapy servicesmarket covered in this report is segmented -
1) By Type: Internal Beam Radiotherapy; External Beam Radiotherapy
2) By Application: Prostate Cancer; Breast Cancer
3) By Service Provider: Specialized Cancer Institutes; Radiotherapy Centers
Subsegments:
1) By Internal Beam Radiotherapy: Brachytherapy; Intraoperative Radiotherapy (IORT)
2) By External Beam Radiotherapy: Stereotactic Radiosurgery (SRS); Stereotactic Body Radiotherapy (SBRT); Intensity-Modulated Radiotherapy (IMRT)
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Which Top Companies are Driving Growth in the Single Dose Radiotherapy Services Market?
Major companies operating in the single dose radiotherapy services market are Hitachi Ltd., Varian Medical Systems Inc., Boston Scientific Corporation, Elekta AB, GenesisCare, Accuray Incorporated, IBA Dosimetry GmbH, Sirtex Medical Limited, Telix Pharmaceuticals Limited, ViewRay Inc., RaySearch Laboratories AB, RefleXion Medical Inc., Sensus Healthcare Inc., C-RAD AB, Panacea Medical Technologies Pvt. Ltd., Advanced Oncotherapy Plc, ProTom International Inc., Isoray Inc., IntraOp Medical Corporation, Alliance Oncology, Nanobiotix, Xcision Medical Systems LLC, Oraya Therapeutics Inc.
Which Regions Will Dominate the Single Dose Radiotherapy Services Market Through 2029?
North America was the largest region in the single dose radiotherapy services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the single dose radiotherapy services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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