Global Radiotherapy Market to Witness Impressive Growth, Revenue to Surge to USD 11.9 Billion By 2028

The global Radiotherapy market accounted for USD 6.9 Billion in 2020 and is expected to reach USD 11.9 Billion by 2028, growing at a CAGR of 7.1% from 2021 to 2028.       

The report covers forecast and analysis for the Radiotherapy market on a global and regional level. The study provides historical data from 2016 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion). The study includes drivers and restraints for the Radiotherapy market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Radiotherapy market on a global level.     

In order to give the users of this report a comprehensive view of the Radiotherapy market, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the Radiotherapy market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the Radiotherapy market by segmenting the market based on products, technology, and Application. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2028. On the basis of Product, the market is segmented into external beam radiation therapy, internal radiation therapy (brachytherapy), and systemic radiation therapy. External beam radiation therapy is further sub-segmented into compact advanced radiotherapy systems (Cyberknife, Gamma knife, and Tomotherapy), proton therapy systems (Cyclotron and Synchrotron) and electron emitting high energy linear accelerators (Linac). Internal radiation therapy is further sub-classified into seeds, applicators & after leaders and electronic brachytherapy.

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

Based on Application, external beam radiation therapy (Image-Guided Radiotherapy (IGRT), Intensity Modulated Radiotherapy (IMRT), Stereotactic Technology, Proton Beam Therapy, Tomotherapy, 3D Conformal Radiotherapy (3D CRT) and Volumetric Modulated Arc Therapy (VMAT)), internal radiation therapy (Low Dose Rate and High Dose Rate), and systemic radiation therapy.

North America is anticipated to remain the leading region over the forecast period followed by Europe. Demand for radiotherapy was highest in North America especially in the U.S. Asia Pacific is expected to be the moderate growing region in radiotherapy market during the forecast period. Moreover, the Middle East and Africa and Latin America are also expected to show moderate growth for this market in the years to come.

The major players operating in the Radiotherapy market are Elekta AB, Varian Medical Systems, Accuray Incorporated, IBA Worldwide, IsoRay Medical, Inc., Nordion, Inc., Raysearch Laboratories, Mevion Medical Systems, Mitsubishi Electric Corporation and C. R. Bard, Inc. among others.

Browse the full “Radiotherapy Market By Product (External beam radiation therapy, Compact Advanced Radiotherapy Systems, and Proton Therapy Systems), By Technology (External Beam Radiation Therapy, Internal Radiation Therapy, and Systemic Radiation Therapy), By Application (External Beam Radiation Therapy, and Internal Radiation Therapy): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/pyrogen-testing-market

The global Radiotherapy market is segmented as follows:    

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

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 Radiation Therapy
  • Low Dose Rate
  • High Dose Rate
• Systemic Radiation Therapy

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

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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