The Radiotherapy Market is undergoing significant expansion as global cancer incidence continues to rise and healthcare systems increasingly turn to advanced radiation technologies for effective treatment. According to Mordor Intelligence, the market is valued at USD 8.40 billion in 2025 and is expected to reach USD 11.80 billion by 2030, registering a compound annual growth rate (CAGR) of 7.05% during the forecast period (2025–2030).
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Key Trends Driving Market Growth
Mordor Intelligence highlights several key factors and trends contributing to the steady growth of the radiotherapy industry:
Technological Innovation: The development of advanced radiotherapy systems such as intensity-modulated radiotherapy (IMRT), image-guided radiotherapy (IGRT), stereotactic body radiotherapy (SBRT), and proton beam therapy is improving treatment precision and outcomes.
Increasing Cancer Incidence: The global rise in cancer cases, particularly breast, prostate, lung, and colorectal cancers, is driving the need for scalable, high-precision treatment modalities.
Integration of AI and Imaging: The adoption of artificial intelligence and imaging technologies is enhancing treatment planning, real-time monitoring, and dose accuracy.
Government and NGO Support: Expanding public healthcare investment and initiatives by global organizations to improve access to radiotherapy in underserved regions are boosting market penetration.
Market Segmentation
The Radiotherapy Market can be segmented by type, application, end-user, and region:
By Type:
External Beam Radiotherapy (EBRT)
Internal Beam Radiotherapy (Brachytherapy)
Systemic Radiotherapy
By Application:
Breast Cancer
Prostate Cancer
Lung Cancer
Colorectal Cancer
Others
By End-user:
Hospitals
Radiotherapy Centers
Ambulatory Surgical Centers
External beam radiotherapy remains the most widely used modality due to its non-invasive nature and high precision in targeting tumors.
Competitive Landscape
According to Mordor Intelligence, the radiotherapy market is moderately consolidated, with key players focusing on innovation, strategic collaborations, and geographical expansion to strengthen their market presence.
Major players include:
Varian Medical Systems (Siemens Healthineers)
Elekta AB
Accuray Incorporated
Ion Beam Applications SA (IBA)
ViewRay Inc.
Isoray Inc.
Mevion Medical Systems
These companies are investing in next-generation radiotherapy systems, hybrid imaging platforms, and AI-based treatment planning tools to address evolving clinical demands.
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Conclusion
The global radiotherapy market is positioned for steady growth as cancer treatment continues to evolve toward more precise, non-invasive, and technologically advanced approaches. With increasing global health investments and the adoption of AI-driven innovations, radiotherapy is expected to remain a cornerstone of cancer management worldwide.
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