Radiation Therapy Market

Radiation Therapy Market Size, Share, Growth Analysis, By Type(Product, Service), By Technology(External Beam Radiotherapy, Linear accelerators), By Application(External Beam Radiotherapy, Prostate cancer), By Procedure(External Beam Radiotherapy, Image guided radiotherapy), By End-User(Hospitals, Independent Radiotherapy Centers), By Geography(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG35D2225 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Radiation Therapy Market Insights

Market Overview:

The global radiation therapy market, with an estimated value of USD 6.8 billion in 2021, is poised for substantial growth, projected to reach approximately USD 13.2 billion by 2030, reflecting a rising compound annual growth rate (CAGR) of 7.65% during the forecast period from 2022 to 2030. This growth is attributed to several key factors, including the increasing prevalence of cancer worldwide, advancements in radiation therapy technologies and techniques, and a growing awareness of the effectiveness of radiation therapy in cancer treatment. As the demand for oncology services continues to rise and the need for more precise and targeted therapies becomes paramount, the radiation therapy market is expected to play a crucial role in improving patient outcomes and reshaping the landscape of cancer care globally.

Radiation Therapy Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Services by segment aggregation, the contribution of the Health Care Services in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Radiation Therapy was estimated to be valued at US$ XX Mn in 2021.

The Radiation Therapy Market is estimated to grow at a CAGR of XX% by 2028.

The Radiation Therapy Market is segmented on the basis of Type, Technology, Application, Procedure, End-User, Geography.

Based on region, the Radiation Therapy Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Radiation Therapy Market are Nordion Inc, Siemens healthcare, Mevion medical system, Inc, Isoray, Inc, Icad, Inc, Becton Dickinson and Company, Ion Beam Appications SA, Elekta AB, Eckert & Zeigler Group, Accuray, Incorporated, Varian Medical Syatems, Inc, NTP Radioisotopes SOC Ltd, Curium Pharma, C.R.BARD, Inc, IBA Radiopharma Solutions, ViewRay, Inc, P-cure Ltd, ZEISS Group, Panacea Medical Technologies, Hitachi Ltd..

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Radiation Therapy Market

Product ID: UCMIG35D2225

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