Radiotherapy Market Forecast Report | Global Analysis, Statistics, Revenue, Demand
The rise in the incidences of cancer, improved technological advances, new product launches, and strategic collaboration are driving the demand of the market.
The latest research report by Emergen Research, named ‘Global Radiotherapy Market - Forecast to 2027’, involves an extensive survey of the worldwide Radiotherapy market's present and future patterns. For example, Stereotactic body radiation treatment (SBRT) which separate between sound cells and disease cells and give ideal viability The market knowledge report takes a nearer perspective on the worldwide portion of the overall industry, assessed development rate, future market patterns, section level obstructions, major market drivers, limitations, difficulties, and valuable open doors. The report plainly characterizes the Radiotherapy market position on a worldwide level.
Persistent rising pervasiveness of disease coming about, a raised interest of radiotherapy in the end advanced the market development. As per the American Disease Society, around 1,806,590 new malignant growth cases and 606,520 disease passings in the U.S. are assessed in the year 2020. The worldwide Radiotherapy Market is supposed to arrive at USD 7.65 Billion by 2027, as per another report by Emergen Research. The development of this market can be ascribed to the rising pervasiveness of malignant growth across the globe, ascend in geriatric populace, and ascend in reception of radiotherapy.
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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
The report closely studies the growth trajectory of the global Radiotherapy market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Some Key Highlights from the Report
• Different advancements like AI, personalization or scaling down have contributed huge portion of development, to catch the client need field administrators have started arising such innovations. For example, in September 2019, Varian (U.S) programming designer in organization with Oncora (U.S.) a computerized wellbeing organization sent off Ethos man-made reasoning radiotherapy gadget
• Keep expanding interest for mechanical advances in the market elevated a few market players to foster high level variant of their item contributions. For example, in January 2020, Elekta consented to an arrangement with the Institute Jules Bordet, Brussels for Elekta Unity MR-linac framework, Versa H.D. straight gas pedals (linacs), and to overhaul Elekta Infinity linacs. The complete agreement was esteemed at around USD 24.2 million. This was useful to give Bordet foundation progressed radiotherapy arrangements.
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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
o 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
o Internal Beam Radiotherapy/Brachytherapy Products
1. Seeds
2. Applicators
3. Afterloaders
4. Electronic Brachytherapy Products
o 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
North America is anticipated to witness several growth opportunities leading to the increase in the level of awareness among consumers owing to the availability of a large number of research institutes, hospitals and other healthcare facilities, and also rise in the prevalence of cancer, which will significantly influence the growth of the industry.
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