The Impact of COVID-19 is included in Radiotherapy Market Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
Radiotherapy Trends and Forecast
The future of the global radiotherapy market looks promising with opportunities in the prostate cancer, breast cancer, lung cancer, colorectal cancer, and cervical cancer markets. The global radiotherapy market is expected to reach an estimated $10.6 billion by 2030 with a CAGR of 5.9% from 2024 to 2030. The major drivers for this market are increasing cancer incidence, advancements in radiotherapy technology ,and growing geriatric population.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Radiotherapy by Segment
The study includes a forecast for the global radiotherapy by type, application, end use,, and region
Radiotherapy Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• External Beam Radiation Therapy
• Internal Radiation Therapy
• Systemic Radiation Therapy
Radiotherapy Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Prostate Cancer
• Breast Cancer
• Lung Cancer
• Colorectal Cancer
• Cervical Cancer
• Others
Radiotherapy Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Independent Radiotherapy Centers
• Others
Radiotherapy Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Radiotherapy Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies radiotherapy companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the radiotherapy companies profiled in this report include-
• Ion Beam Applications
• Elekta
• Accuray Incorporated
• Isoray
• Becton
• Dickinson and Company
• Siemens Healthineers
• ICAD
• Nordion
• MEVION MEDICAL SYSTEMS
Radiotherapy Market Insights
Lucintel forecasts that external beam radiation therapy will remain the largest segment over the forecast period due to the accuracy of the direct beams at the cancerous cells, which results in less damage to normal tissues, while allowing oncologists to use higher doses of radiotherapy for treatment.
Within this market, prostate cancer will remain the largest segment due to growing incidence of prostate cancer and higher success rate as compared to other cancer types.
APAC is expected to witness highest growth over the forecast period due to the growing awareness about radiotherapy, rising healthcare expenditure, and increasing geriatric population in the region.
Features of the Global Radiotherapy Market
Market Size Estimates: Radiotherapy market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Radiotherapy market size by type, application, and region in terms of value ($B).
Regional Analysis: Radiotherapy Market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the radiotherapy market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the radiotherapy market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the radiotherapy market size?
Answer: The global radiotherapy market is expected to reach an estimated $10.6 billion by 2030.
Q.2 What is the growth forecast for radiotherapy market?
Answer: The global radiotherapy market is expected to grow with a CAGR of 5.9% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the radiotherapy market?
Answer: The major drivers for this market are increasing cancer incidence, advancements in radiotherapy technology, and growing geriatric population.
Q4. What are the major segments for radiotherapy market?
Answer: The future of the radiotherapy market looks promising with opportunities in the prostate cancer, breast cancer, lung cancer, colorectal cancer, and cervical cancer markets.
Q5. Who are the key Radiotherapy Market companies?
Answer: Some of the key radiotherapy companies are as follows:
• Ion Beam Applications
• Elekta
• Accuray Incorporated
• Isoray
• Becton
• Dickinson and Company
• Siemens Healthineers
• ICAD
• Nordion
• MEVION MEDICAL SYSTEMS
Q6. Which radiotherapy market segment will be the largest in future?
Answer: Lucintel forecasts that external beam radiation therapy will remain the largest segment over the forecast period due to the accuracy of the direct beams at the cancerous cells, which results in less damage to normal tissues, while allowing oncologists to use higher doses of radiotherapy for treatment.
Q7. In radiotherapy market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the growing awareness about radiotherapy, rising healthcare expenditure, and increasing geriatric population in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the radiotherapy market by type (external beam radiation therapy, internal radiation therapy, and systemic radiation therapy), application (prostate cancer, breast cancer, lung cancer, colorectal cancer, cervical cancer, and others), end use (hospitals, independent radiotherapy centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Radiotherapy Market, Radiotherapy Market Size, Radiotherapy Market Growth, Radiotherapy Market Analysis, Radiotherapy Market Report, Radiotherapy Market Share, Radiotherapy Market Trends, Radiotherapy Market Forecast, Radiotherapy Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Radiotherapy Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Radiotherapy Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Radiotherapy Market by Type
3.3.1: External Beam Radiation Therapy
3.3.2: Internal Radiation Therapy
3.3.3: Systemic Radiation Therapy
3.4: Global Radiotherapy Market by Application
3.4.1: Prostate Cancer
3.4.2: Breast Cancer
3.4.3: Lung Cancer
3.4.4: Colorectal Cancer
3.4.5: Cervical Cancer
3.4.6: Others
3.5: Global Radiotherapy Market by End Use
3.5.1: Hospitals
3.5.2: Independent Radiotherapy Centers
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Radiotherapy Market by Region
4.2: North American Radiotherapy Market
4.2.2: North American Radiotherapy Market by Application: Prostate Cancer, Breast Cancer, Lung Cancer, Colorectal Cancer, Cervical Cancer, and Others
4.3: European Radiotherapy Market
4.3.1: European Radiotherapy Market by Type: External Beam Radiation Therapy, Internal Radiation Therapy, and Systemic Radiation Therapy
4.3.2: European Radiotherapy Market by Application: Prostate Cancer, Breast Cancer, Lung Cancer, Colorectal Cancer, Cervical Cancer, and Others
4.4: APAC Radiotherapy Market
4.4.1: APAC Radiotherapy Market by Type: External Beam Radiation Therapy, Internal Radiation Therapy, and Systemic Radiation Therapy
4.4.2: APAC Radiotherapy Market by Application: Prostate Cancer, Breast Cancer, Lung Cancer, Colorectal Cancer, Cervical Cancer, and Others
4.5: ROW Radiotherapy Market
4.5.1: ROW Radiotherapy Market by Type: External Beam Radiation Therapy, Internal Radiation Therapy, and Systemic Radiation Therapy
4.5.2: ROW Radiotherapy Market by Application: Prostate Cancer, Breast Cancer, Lung Cancer, Colorectal Cancer, Cervical Cancer, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Radiotherapy Market by Type
6.1.2: Growth Opportunities for the Global Radiotherapy Market by Application
6.1.3: Growth Opportunities for the Global Radiotherapy Market by End Use
6.1.4: Growth Opportunities for the Global Radiotherapy Market by Region
6.2: Emerging Trends in the Global Radiotherapy Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Radiotherapy Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Radiotherapy Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Ion Beam Applications
7.2: Elekta
7.3: Accuray Incorporated
7.4: Isoray
7.5: Becton
7.6: Dickinson and Company
7.7: Siemens Healthineers
7.8: ICAD
7.9: Nordion
7.10: MEVION MEDICAL SYSTEMS
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - Radiotherapy Market Report.