According to Data Bridge Market Research new Market report “Global Radiotherapy Market”, has accounted for USD 4.9 billion in 2015, and is expected to reach USD 8.1 billion by 2022, growing at a CAGR 7.1% during the forecast period 2016 to 2022.

Market Insights:
• There has been rapid development in the radiosurgery field in recent years, owing to increased threat of multiple cancers and mortality.
• This has allowed pulling in large government and healthcare manufacturers funding’s in research labs developing treatment and preventive techniques against cancer.
• The Elekta gamma knife has completed more than 1 million surgeries as announced by Elekta in May 2016.
• This shows the demand of radiotherapy products, and the requirement of disruptive technologies to change to modern day radiotherapy.
• According to Hospital Cost and Utilization Project (HCUP) the number of radiotherapy procedures is increasing in U.S. by 2.0% every year.

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Market Segmentation:
The global radiotherapy market is segmented based on therapy, product, application and geography.
Based on the therapy: the radiotherapy market is segmented into
1. External beam radiotherapy,
2. Internal beam radiotherapy, and
3. Systemic radiation therapy.

On the basis of radiations delivered, the external beam radiotherapy is sub segmented into
• intensity-modulated radiation therapy (IMRT),
• image guided radiotherapy (IGRT),
• tomotherapy,
• stereotactic technology,
• 3D conformal radiotherapy,
• proton beam therapy, and
• volumetric modulated arc therapy (VMAT).

Based on product type: the global radiotherapy market is segmented into
• EBRT equipment’s, -
• The External Beam Radiotherapy EBRT products are further segmented into cyberknife, gammaknife, LINAC, Proton Beam (Cyclotron, Synclotron).
• IBRT equipment’s,-
• The Internal Beam Radiotherapy (IBRT) is segmented into seeds, afterloaders and others.

Based on Indication:
The global radiotherapy market is also segmented based on indication into cancer of different organs such as
• brain tumor,
• spine cancer,
• lung cancer,
• liver cancer,
• breast cancer,
• prostate cancer and others.

Geographical Segmentation
Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world.
The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. U.S. is expected to dominate the market due to rising incidence of cancer, most advanced technologies, and complete healthcare coverage.

The Major Players:
The major players in the global radiotherapy market are
• Varian Medical Systems, Inc.,
• CIVCO Medical Solutions,
• Elekta AB,
• Nanobiotix,
• ccuray Incorporated,
• Brainlab AG,
• Ion Beam Applications SA,
• C. R. Bard, Inc.,
• IsoRay Medical, Inc.,
• TRF, Nordion, Inc.,
• RaySearch Laboratories AB,
• PRECISIS AG,
• evion Medical Systems, Inc., and
• Mitsubishi Electric Corporation among other players.

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