Global Radiotherapy Market Projected To Reach US$ 10.48 Billion by 2025 | Expand At A CAGR of 8.1 % from 2018 to 2025


Posted November 27, 2018 by Stive_Smith

Global Radiotherapy Market Projected To Reach US$ 10.48 Billion by 2025 | Expand At A CAGR of 8.1 % from 2018 to 2025

 
Global Radiotherapy Market, “By Type (Beam Radiotherapy {IGRT, IMRT, VMAT, Tomotherapy, Stereotactic Technology, 3D Conformal Technology}, Brachytherapy {LDR, HDR}, Systemic Radiotherapy), By Product Type (External Beam Radiotherapy{LINAC, Cyber Knife, Proton Beam Therapy {Cyclotron, Synclotron }, Gamma Knife}, Internal Radiotherapy Products {Seeds, After loaders}, Radiotherapy Software {Treatment Planning Software, Dosage Planning Software, Patient Positioning Software, Image Guiding Software}, Systematic Radiotherapy), By Indications (Prostate Cancer, Breast Cancer, Lung Cancer, Spine Cancer, Liver Cancer, Brain Cancer, Others),  By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast is projected to reach USD 10.48 billion by 2025, at a CAGR of 8.1% during the forecast period of 2018 to 2025.

Global Radiotherapy Market– Industry Trends and Forecast is projected to reach USD 10.48 billion by 2025, at a CAGR of 8.1% during the forecast period of 2018 to 2025.

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Global Radiotherapy Market

Radiotherapy is the treatment of cancer which uses high energy radiation to kill cancer tissues in the body. This therapy stops cancel cell from multiplying also called as radiation therapy. According to national center for biotechnology information more than 14 million of new cases of cancer are diagnose each year and radiation therapy has a potential to improve the rates of cure of 3.5 million people and provide relief to additional 3.5 million peoples.

According to the research published in the journal of medical imaging and radiation oncology shows that the most effective treatment for prostate cancer is external-beam radiation therapy. Men with prostate cancer who are treated with external-beam radiation therapy have cure rate of 95.5% for intermediate risk prostate cancer and 91.3% for high risk prostate cancer.  It was found that the patient treated with modern external-beam radiation therapy has 98.8% free survival rate of 5 years.

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Segmentation: 

The global market for radiotherapy by the following sub-categories is presented

By Type

Beam Radiotherapy
IGRT
IMRT
VMAT
Tomotherapy
Stereotactic Technology
3D Conformal Technology
Brachytherapy
LDR
HDR
Systemic Radiotherapy
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By Product Type

External Beam Radiotherapy
LINAC
Cyber Knife
Proton Beam Therapy
Cyclotron
Synclotron
Gamma Knife
Internal Radiotherapy Products
Seeds
After loaders
Radiotherapy Software
Treatment Planning Software
Dosage Planning Software
Patient Positioning Software
Image Guiding Software
Systematic Radiotherapy
By Indications

Prostate Cancer
Breast Cancer
Lung Cancer
Spine Cancer
Liver Cancer
Brain Cancer
Others
By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa
FACTORS DRIVING GROWTH IN GLOBAL RADIOTHERAPY MARKET

Rising incidence of cancer:

According to American cancer society, prostate cancer is the most common type of cancer American men. As per the 2018 data about 164,690 new cases of prostate cancer was diagnose. And 29,430 deaths occur from prostate cancer. According to the national institute of cancer and prevention one woman dies off every 8 minute in India due to cervical cancer. For every 2 women newly diagnosed with breast cancer 1 women dies of it in India. 2500 people die every day in India due to tobacco related disease. Estimated number of people living with disease in India is 2.5 million. Around 7 lacks of new cancer cases are register in India every year. 71.0% of all cancer deaths are among age group 30-60 years. Cervical cancer is the second most common cancer in India accounts for 22.86% of all cancer cases. And breast cancer accounts for 27.0% of all cancer cases amongst women in India.

Increasing number of cancer treatment facilities:

According to the national cancer institute (NCI), there are around 70 NCI designated cancer centers located in 36 states and districts of Columbia. This is the backbone for the NCI for studying and controlling cancer. Approximately 2, 50,000 receive cancer diagnosis at NCI designated cancer center. According to the national institute  of cancer  prevention and research government of India has recognize around 27 cancer  center under the national cancer control programme in 2010  in around 21 states.

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Major Market Players:

Major market players in global radiotherapy market are-

Varian Medical Systems Inc,
Elekta AB,
Accuray Incorporated,
CIVCO Medical Solutions,
Brainlab,
C. R. Bard Inc,
IsoRay Inc.,
Nordion Inc,
Raysearch laboratories,
EASEE,
Mevion Medical Systems,
Hitachi Ltd,
Sumitomo Heavy Industries Ltd,
Mitsubishi Electric Corporation,
TOSHIBA CORPORATION,
Provision Healthcare,
ProTom International,
IBA Worldwide.
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Tags global radiotherapy , global radiotherapy analysis , global radiotherapy industry analysis , global radiotherapy market , global radiotherapy research reports , radiotherapy analysis , radiotherapy industry analysis , radiotherapy research reports
Last Updated November 27, 2018