Radiotherapy Market is Driven by Increasing Prevalence of Cancer

Radiotherapy Market is forecasted to grow at 7.7% CAGR for 2018-2025 with factors such as increasing cost of radiotherapy and stringent regulations will hamper the growth of the market in emerging economies.

Radiotherapy market has shown an exceptional penetration in developed economies such as the U.S. and Canada. Increasing patient population and availability of therapies such as external beam radiation therapy, internal radiation therapy and systemic therapy will boost the growth of the market.

Radiotherapy Market Scenario

According to Data Bridge Market Research the radiotherapy market is witnessing a significant growth in developing economies due to factors such as increasing geriatric population, busy and unhealthy lifestyle, rising occurrences of cancer and surging investment for the development of advanced technology which will drive the growth of market in the forecast period of 2018-2025. On the other hand, improvement in reimbursement policies and growth of emerging market will further create new opportunities for the growth of market in the above mentioned forecast period.

Now the question is which are the other regions that radiotherapy market is targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific radiotherapy market and the market leaders targeting China, India and Japan to be their next revenue pockets for 2020. The Data bridge market research new reports highlight the major growth factors and opportunities in the radiotherapy market.

For More Analysis on the radiotherapy market request for a briefing with our analysts

New Radiotherapy Market Developments in 2019

  • In April 2019, Koninklijke Philips N.V., announced the launch of IntelliSpace Radiation Oncology which will reduce complexity and increase efficiency in radiotherapy as it is the cost effective surgery to treat cancer. Radiation oncology is designed in such a way that it will provide integrated platform that will connect patient’s referral to their starting treatment.

Scope of the Radiotherapy Market

Radiotherapy market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Peru, Brazil, Argentina, Rest of South America as a part of South America, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Vietnam, Philippines, Rest of Asia Pacific (APAC)as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Kuwait, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the radiotherapy market is further analyzed based on maximum granularity into further segmentation. On the basis of therapy, the market is segmented into beam radiotherapy, brachytherapy and systemic radiotherapy. Based on product type, the market is segmented into external beam radiotherapy, internal radiotherapy products, radiotherapy softwares and systemic radiotherapy. The applications covered for the report are prostate cancer, breast cancer, lung cancer, spine cancer, liver cancer, brain cancer, others.
  • Radiotherapy or radiation therapy is used in the treatment of cancer to kill malignant cells using ionizing radiation by passing high dose of radiation in the patient’s tumor which helps in damaging cells. The therapy is used in various applications such as prostate cancer, breast cancer, lung cancer, spine cancer, liver cancer, brain cancer, others.

To know more about the study

Key Pointers Covered in the Radiotherapy Market Industry Trends and Forecast to 2025

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Market Regulatory Framework and Changes
  • Market Prices and Reimbursement Analysis
  • Market Shares in different regions
  • Recent Developments for Market Competitors
  • Market upcoming applications
  • Market innovators study

Key Market Competitors Covered in the report

  • Varian Medical Systems, Inc.
  • Elekta AB
  • Accuray Incorporated,
  • CIVCO Medical Solutions
  • Brainlab AG
  • BD.
  • Isoray Inc.
  • Nordion (Canada) Inc.
  • RaySearch Laboratories
  • EASEE.
  • Mevion Medical Systems.
  • TRF
  • Hitachi, Ltd.
  • Sumitomo Heavy Industries, Ltd.
  • ProTom International.
  • Mitsubishi Electric Corporation

Above are the key players covered in the report to know about more and exhaustive list of Radiotherapy companies contact us

Research Methodology: Global Radiotherapy Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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