Radiotherapy Market Forecast, Revenue, Demand, Growth and Key Companies Valuation by 2028

The global Radiotherapy Market is expected to reach USD 7.65 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing prevalence of cancer across the globe, rise in geriatric population, and rise in adoption of radiotherapy. The technological advancement and increasing awareness among the public have led to an increase in the number of surgical operations, which in turn is augmenting the demand for the industry. Increasing technological advances in the radiotherapy is one of the factors snowballing, the market growth. For instance, Stereotactic body radiation therapy (SBRT) which differentiate between healthy cells and cancer cells and provide optimum efficacy

The report provides Radiotherapy market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Radiotherapy market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Radiotherapy Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Radiotherapy market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Radiotherapy market revenue growth to a significant extent over the forecast period.

Top key vendors in Radiotherapy Market include are:

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

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

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)
  - Conventional LINAC
  - Stereotactic Advanced Electron/Cobalt-60 LINAC
    - CyberKnife
    - Gamma Knife
    - TomoTherapy
  - Particle Therapy Systems
    - Cyclotrons
    - Synchrotrons
    - Synchrocyclotrons
  - Conventional Cobalt-60 Teletherapy Units
- Internal Beam Radiotherapy/Brachytherapy Products
  - Seeds
  - Applicators
  - Afterloaders
  - Electronic Brachytherapy Products
- Systemic Radiotherapy
  - Iobenguane-131
  - Samarium-153
  - Rhenium-186
  - Yttrium-90
  - Radium-223
  - Phosphorous-32
  - Radio-Labelled Antibodies

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

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

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Radiotherapy Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Radiotherapy industry

North America Radiotherapy market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028. In addition, North America Radiotherapy market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.

Asia Pacific registered fastest revenue CAGR in 2020, and the Radiotherapy market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.

Europe Radiotherapy market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Radiotherapy market growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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The research provides answers to the following key questions:

What will be the growth rate and the market size of the Radiotherapy industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Radiotherapy market across different regions?
Who are the major driving forces expected to decide the fate of the Radiotherapy industry worldwide?
Who are the prominent market players making a mark in the Radiotherapy market with their winning strategies?
Which Radiotherapy industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Radiotherapy market?

Table of Content

Chapter 1. Methodology & Sources

1.1. Radiotherapy Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Radiotherapy Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028