According to a new market research report “ Radiotherapy Market by Type (External (IGRT, IMRT, 3D-CRT), Internal (LDR, HDR) & Systemic), Product (Proton Beam, Cyberknife, LINAC, Seed, Samarium), Application ( Prostate, Breast, Cervical), End User, and Region – Global Forecasts to 2022 „published by MarketsandMarkets ™, the global Radiotherapy Market is projecting to reach $ 9.47 Billion by 2022 from USD 6.81 Billion in 2017, at a CAGR of 6.8%.
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Technological advancements in radiotherapy systems, increasing incidence and prevalence of cancer, increasing geriatric population, and increasing adoption of radiotherapy devices and procedures are the major factors driving market growth.
By type, the external beam radiotherapy segment is
ranked as the largest in the market. Rising adoption of linear accelerators for the treatment of cancer and development of advanced radiotherapy technologies are the key factors driving the growth of the external beam Radiotherapy Market segment.
Browse and in-depth TOC on “ Radiotherapy Market“
117 – Tables
37 – Figures
223 – Pages
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By product type, the external beam radiotherapy segment is expected to grow to the highest CAGR
On the basis of product type, the Radiotherapy Market is segmented into external beam radiotherapy, internal beam radiotherapy / brachytherapy, and systemic radiotherapy. In 2016, the external beam radiotherapy segment accounted for the largest market share and is expected to grow to the highest CAGR. Radiation radiotherapy devices in emerging countries.
North America dominated the market in 2016
Geographically, the Radiotherapy Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest share of the market in 2016, followed by Europe. North America is driving the growth of the radiotherapy market in this region.
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In 2016, Varian Medical Systems, Inc. (US) and Elekta AB (Sweden) dominated the global Radiotherapy Market. Other prominent players include Accuray Incorporated (US), Ion Beam Applications (IBA) (Belgium), Nordion, Inc. (Canada), CR Bard, Inc. (US), Isoray Medical, Inc. (US), RaySearch Laboratories (Sweden ), Mevion Medical Systems, Inc. (US), and Mitsubishi Electric Corporation (Japan).
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