Radiation Therapy Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Radiation oncologists use linear accelerators or cobalt machines to deliver external beam therapy. When it comes to early stages of disease, patients very frequently do well with either brachytherapy or external beam radiation. Success rates of around 90% or higher can be achieved with either approach.

MARKET DYNAMICS

The radiation therapy equipment market is driving due to the factors such as increasing number of patients suffering with various types of cancers and technological advancements in radiation therapy instrumentation. In addition, rising number of healthcare facilities and medical tourism in emerging economies are likely to offer growth opportunities for market players.

MARKET SCOPE

The "Radiation Therapy Equipment Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Radiation therapy equipment market with detailed market segmentation by therapy type and end user. The Radiation therapy equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Radiation therapy equipment market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The radiation therapy equipment market is segmented on the basis of therapy type and end user. Based on therapy type, the market is segmented into external beam radiation therapy, internal radiation therapy, and systemic radiation therapy. On the basis of end user, the market is segmented into hospitals; clinics, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Radiation therapy equipment market based on various segments. It also provides market size and forecast estimates from year 2021 to2031with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Radiation therapy equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Radiation therapy equipment market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the Radiation therapy equipment market in these regions.

Radiation Therapy Equipment Market Report Analysis

Radiation Therapy Equipment Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Accuray Inc.
• BrainLab AG
• Elekta AB
• GE Healthcare
• Hitachi America Ltd.
• IBA Group
• Nordion Inc.
• Philips Healthcare
• RaySearch Laboratories AB Sumitomo Heavy Industries Ltd.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Therapy Type

• External Beam Radiation Therapy
• Internal Radiation Therapy
• Systemic Radiation Therapy

By End User

• Hospitals
• Clinics

MARKET PLAYERS

The report covers key developments in the Radiation therapy equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Radiation therapy equipment market are anticipated to have lucrative growth opportunities in the future with the rising demand for Radiation therapy equipment in the global market. Below mentioned is the list of few companies engaged in the Radiation therapy equipment market.

The report also includes the profiles of key players in Radiation therapy equipment market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.

•  Accuray Inc.
  
•  BrainLab AG
  
•  Elekta AB
  
•  GE Healthcare
  
•  Hitachi America Ltd.
  
•  IBA Group
  
•  Nordion Inc.
  
•  Philips Healthcare
  
•  RaySearch Laboratories AB
  
•  Sumitomo Heavy Industries Ltd.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Radiation Therapy Equipment Market Report Scope