Global Radiotherapy Market To Attain About USD 8.53 Billion By 2022

A new report has been issued by Zion Market Research titled “Radiotherapy Market by Product (External Beam Radiation Therapy, Internal Radiation Therapy, Systemic Radiation Therapy), By Technology for Prostate Cancer, Breast Cancer, Lung Cancer, Head & Neck Cancer, Colorectal Cancer, Gynecological Cancer, Penile Cancer, and Other Cancer: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022”. The global radiotherapy market, as per the report, was esteemed at around USD 5.75 Billion in 2016 and is anticipated to produce revenue of about USD 8.53 Billion by 2022’s end, developing at a CAGR of about 6.8% between 2017 and 2022.
 
Radiotherapy is a type of cancer treatment that utilizes radiation, generally X-rays. Also, at times, it is utilized to treat benign tumors as well as other conditions, like thyroid disease and a few blood disorders. It can be combined with chemotherapy (chemoradiotherapy) or alone to treat cancer. Cancer symptoms are effectively controlled by radiotherapy. It might be used after or before surgery to wipe out small tumor cells that have the possibility to be left. It can be internal, external, or systemic.

Browse the full "Radiotherapy Market by Product (External Beam Radiation Therapy, Internal Radiation Therapy, Systemic Radiation Therapy), By Technology for Prostate Cancer, Breast Cancer, Lung Cancer, Head & Neck Cancer, Colorectal Cancer, Gynecological Cancer, Penile Cancer and Other Cancer: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022" report at https://www.zionmarketresearch.com/report/radiotherapy-market

The rising prevalence of cancer around the world is the key factors propelling the growth of the global radiotherapy market. Additionally, huge government funding and rising elderly population are also likely to drive the growth of the global radiotherapy market. Nevertheless, lack of skilled personnel & training as well as lack of infrastructure are the key limitations that might hamper the market growth. However, technological developments in radiotherapy products together with a big expenditure in radiotherapy around the world are anticipated to bring up new opportunities for the radiotherapy market in the coming period.

The radiotherapy market is bifurcated based on different products comprising internal radiation therapy (brachytherapy), systemic radiation therapy, and external beam radiation therapy. Further, the External beam radiation therapy is sub-categorized into proton therapy systems (Cyclotron and Synchrotron), electron-emitting high-energy linear accelerators (Linac), and compact advanced radiotherapy systems (Cyberknife, Gamma knife, and Tomotherapy). Likewise, internal radiation therapy is also sub-segmented into applicators & after leaders, electronic brachytherapy, and seeds. The maximum stake of the global radiotherapy market is held by external beam radiation therapy.

The radiotherapy market, based on technology, is categorized into external beam radiation therapy Intensity Modulated Radiotherapy (IMRT), Image-Guided Radiotherapy (IGRT), Proton Beam Therapy, Stereotactic Technology, 3D Conformal Radiotherapy (3D CRT), Volumetric Modulated Arc Therapy (VMAT)), Tomotherapy, systemic radiation therapy, and internal radiation therapy (Low Dose Rate and High Dose Rate).

The radiotherapy market, based on applications, external beam radiation therapy segment is categorized into breast cancer, colorectal cancer, prostate cancer, head & neck cancer, lung cancer, and others. Internal radiation therapy is divided into gynecological cancer, prostate cancer, penile cancer, breast cancer, and others.

Based on the region, the global radiotherapy market is classified into Europe, North America, Latin America, Middle East & Africa, and Asia-Pacific. North America is projected to be the prominent region during the forecast period trailed by Europe. North America, particularly, the US, recorded for the highest demand for radiotherapy. Asia Pacific is anticipated to be a moderately developing region during the forecast period. Furthermore, Latin America and the Middle East & Africa are also projected to show modest growth in the coming years.

Some of the prominent the radiotherapy market players comprise Varian Medical Systems, Elekta AB, IBA Worldwide, Accuray Incorporated, Nordion, Inc., IsoRay Medical, Inc., Mevion Medical Systems, Raysearch Laboratories, C. R. Bard, Inc., and Mitsubishi Electric Corporation, among others.

This report segments the global radiotherapy market as follows:

Global Radiotherapy Market: By Product

• External beam radiation therapy

• Compact Advanced Radiotherapy Systems
  • Cyberknife
  • Gamma Knife
  • Tomotherapy
• Proton Therapy Systems
  • Cyclotron
  • Synchrotron
• Electron Emitting High Energy Linear Accelerators (Linac)

• Internal Radiation Therapy/Brachytherapy

• Seeds
• Applicators & Afterloaders
• Electronic Brachytherapy

• Systemic Radiation Therapy

Global Radiotherapy Market: By Technology

• External Beam Radiation Therapy

• Image-Guided Radiotherapy (IGRT)
• Intensity Modulated Radiotherapy (IMRT)
• Stereotactic Technology
• Proton Beam Therapy
• Tomotherapy
• 3D Conformal Radiotherapy (3D CRT)
• Volumetric Modulated Arc Therapy (VMAT)

• Internal Beam Radiotherapy

• Low Dose Rate
• High Dose Rate

• Systemic Radiation Therapy

Global Radiotherapy Market: By Application

• External Beam Radiation Therapy

• Prostate Cancer
• Breast Cancer
• Lung Cancer
• Head & Neck Cancer
• Colorectal Cancer
• Other

• Internal Radiation Therapy

• Prostate Cancer
• Gynecological Cancer
• Breast Cancer
• Penile Cancer
• Other

Global Radiotherapy Market: By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

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