Radiotherapy Market study provides Worldwide Overview

Emergen Research’s latest document, titled ‘Global Radiotherapy Market – Forecast to 2027,’ is one of the most popular market studies that examines the world market for radiotherapy in-depth. Numerous industry participants were encouraged to create more advanced versions of their product offerings by the market’s steadily rising desire for technical advancements. As an illustration, in January 2020 Elekta and the Institute Jules Bordet, Brussels, inked a contract for the Elekta Unity MR-linac system, Versa HD linear accelerators, and the upgrade of Elekta Infinity linacs. The deal had a total estimated value of USD 24.2 million.

This helped to offer the Bordet Institute cutting-edge radiation treatments. Some of the most known venture capitalists in the world are among the report’s principal addressees. These people may get a clear picture of the competitive landscape of the global radiotherapy market from the study.

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Continuous rising prevalence of cancer resulting, a raised demand of radiotherapy eventually promoted the market growth. According to the American Cancer Society, approximately 1,806,590 new cancer cases and 606,520 cancer deaths in the U.S. are estimated in the year 2020.

Leading Players Profiled in the Report:

• Varian Medical Systems,
• (U.S.),
• Elekta (Sweden),
• Accuray Incorporated (U.S.),
• Ion Beam Applications S.A. (Belgium),
• Panacea Medical Technologies Pvt. Ltd. (India),
• ViewRay,
• IsoRay Medical, Inc. (U.S.),
• Provision Healthcare (U.S.),
• Hitachi Ltd. (Japan),
• Mevion Medical Systems, Inc. (U.S.) and
• Reflexion Medical (U.S.)

One of the report’s central components is the broad Radiotherapy market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.

Key geographical areas:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Emergen Research have segmented the global Radiotherapy Market on the basis of products, types, applications, end-users, and region:

Products Outlook (Revenue in Million USD; 2017–2027)

• External Beam Radiotherapy Product
  • Linear Accelerators (LINAC)
    1. Conventional LINAC
    2. Stereotactic Advanced Electron/Cobalt-60 LINAC
       1. CyberKnife
       2. Gamma Knife
       3. TomoTherapy
    3. Particle Therapy Systems
       1. Cyclotrons
       2. Synchrotrons
       3. Synchrocyclotrons
    4. Conventional Cobalt-60 Teletherapy Units
  • Internal Beam Radiotherapy/Brachytherapy Products
    1. Seeds
    2. Applicators
    3. Afterloaders
    4. Electronic Brachytherapy Products
  • Systemic Radiotherapy
    1. Iobenguane-131
    2. Samarium-153
    3. Rhenium-186
    4. Yttrium-90
    5. Radium-223
    6. Phosphorous-32
    7. Radio-Labelled Antibodies

Types Outlook (Revenue in Million USD; 2017–2027)

• External Beam Radiotherapy
  1. Image-guided Radiotherapy (IGRT)
  2. Intensity-modulated Radiotherapy (IMRT)
     1. TomoTherapy
     2. Volumetric Modulated Arc Therapy (VMAT)
  3. Stereotactic Therapy
  4. 3D Conformal Radiotherapy (3D-CRT)
  5. Particle Beam Therapy (Heavy-ion and Proton Therapy)
• Internal Beam Radiotherapy/Brachytherapy
  1. Low-dose-rate (LDR) Brachytherapy
  2. High-dose-rate (HDR) Brachytherapy
  3. Pulsed-dose-rate (PDR) Brachytherapy
• Systemic Radiotherapy
  1. Intravenous Radiotherapy
  2. Oral Radiotherapy
  3. Instillation Radiotherapy

Applications Outlook (Revenue in Million USD; 2017–2027) 

• Prostate Cancer
• Breast Cancer
• Lung Cancer
• Colorectal Cancer
• Spine Cancer
• Brain Cancer
• Pediatric Cancer
• Gynecological Cancer
• Cervical Cancer
• Penile Cancer
• Head and Neck Cancer

End Use Outlook (Revenue in Million USD; 2017–2027)

• Hospitals
• Independent Radiotherapy Centers

With the rise in the prevalence of cancer, most of the hospitals are adopting efficient products offering optimum treatment. For instance, in January 2020, Provision Healthcare launched third proton therapy center installation in Southwest Orange County, Florida.

Key questions addressed in the report:

• What are the key factors driving the global Radiotherapy market?
• Who are the key manufacturers in this market space?
• Who are the distributors, traders and dealers of this market?
• What are the market opportunities and risks affecting the performance of the vendors in the global Radiotherapy market?

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