Global Radiotherapy Market – Industry Trends and Forecast to 2025


Posted January 21, 2019 by kiransharma

Radiation therapy sole purpose is to treat tumors by targeting high beam of radiation on the affected region with minimal exposure to surrounding tissues.
 
Segmentation: Global Radiotherapy Market

Global radiotherapy market is segmented into three notable segments which are therapy type, product type and application.

On the basis of therapy type, the market is segmented into beam radiotherapy, brachytherapy and systemic radiotherapy. Beam radiotherapy segment is further sub-segmented into IGRT, IMRT, Stereotactic Technology, Tomotherapy, 3D Conformal Radiotherapy and VMAT. Brachytherapy segmentis sub-segmented into LDR and HDR. Beam radiotherapy segment is growing at the highest CAGR of in the forecast period of 2018 to 2025.
On August 2016, Accuray announced the CE approval of Radixact Treatment Delivery System, Accuray Precision Treatment Planning System and iDMS Data Management System in Europe.

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On the basis of product type, the market is segmented into external beam radiotherapy, internal radiotherapy products, radiotherapy softwares and systemic radiotherapy. External beam radiotherapy is further sub-segmented into LINAC, Cyber Knife, Proton Therapy and Gamma Knife. Proton therapy segment is further sub-segmented into Cyclotron and Synclotron. Internal radiotherapy products segment is further sub-segmented into Seeds and Afterloaders. Radiotherapy softwares segment is further sub segmented into treatment planning softwares, dosage planning softwares, patient positioning softwares and image guiding softwares. External beam radiotherapy segment is growing at the highest CAGR of in the forecast period of 2018 to 2025.

Competitive Analysis: Global Radiotherapy Market

Some of the prominent participants operating in this market are globally Varian Medical Systems, Inc., Elekta AB, and Accuray, Inc., CIVCO Medical Solutions, Brainlab AG, C. R. Bard, Inc., IsoRay Medical, Inc., Nordion, Inc.

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Product Launch:

In September 2018, Varian Medical Systems, Inc.(U.S.) signed an agreement with Mediheal Group of Hospitals(Kenya) to expand access to radiotherapy in Kenya. This partnership agreement includes the supply of advanced linear accelerators to five new radiotherapy centerscentres across Kenya which will help in service, training and research collaboration opportunities.

In March 2017, Accuray announced to launch new cancer patient websites. These website www.cyberknife.com and www.tomotherapy.com provides an additional resource for cancer patients to turn to for information about their disease and potential treatment options.

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Last Updated January 21, 2019