Radiation Oncology Market Dynamics, End-User Analysis and Forecast Report till 2025
The global Radiation Oncology Market is estimated to touch US$ 10.1 Billion by the completion of the year 2025. The market was appreciated at US$ 5.7 Billion in the year 2016. Growing occurrence of cancer is the main issue accountable for sizeable development of the market above the prediction period. Technical progressions in radiotherapy caused in augmented acceptance of radiation oncology by way of main treatment track of cancer. Progress with respect to compact innovative radiotherapy preferences; for example Tomotherapy, Gama Knife, and Cyber Knife, add to this development. These progressive approaches stance slighter postoperative difficulties and sooner retrieval period.
The global Radiation Oncology Market is estimated to touch US$ 10.1 Billion by the completion of the year 2025. The market was appreciated at US$ 5.7 Billion in the year 2016. Growing occurrence of cancer is the main issue accountable for sizeable development of the market above the prediction period. Technical progressions in radiotherapy caused in augmented acceptance of radiation oncology by way of main treatment track of cancer. Progress with respect to compact innovative radiotherapy preferences; for example Tomotherapy, Gama Knife, and Cyber Knife, add to this development. These progressive approaches stance slighter postoperative difficulties and sooner retrieval period.
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Radiation Oncology Market Dynamics, End-User
Analysis and Forecast Report till 2025
“Growing occurrence of cancer is the main issue accountable for sizeable development of the market above the prediction
period.”
The global Radiation Oncology Market is estimated to touch US$ 10.1 Billion by the completion of the year 2025.
The market was appreciated at US$ 5.7 Billion in the year 2016. Growing occurrence of cancer is the main issue
accountable for sizeable development of the market above the prediction period. Technical progressions in
radiotherapy caused in augmented acceptance of radiation oncology by way of main treatment track of cancer.
Progress with respect to compact innovative radiotherapy preferences; for example Tomotherapy, Gama Knife, and
Cyber Knife, add to this development. These progressive approaches stance slighter postoperative difficulties and
sooner retrieval period.
The Radiation Oncology Market is estimated to develop at a CAGR of 6.5% for the duration of the prediction. Growing
per head expenses on healthcare is likewise an essential macroeconomic issue motivating the development of the
market. Furthermore, by way of the help of sympathetic government creativities and alertness, patients are not shy
to choose for progressive treatment opportunities. For example, as per the information of World Bank Group per
head expenses on health observed substantial development of over 55.0% between the years of 1995 to 2014.
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The Radiation Oncology industry on the source of Type of Technology could span Systemic Beam Radiation Therapy,
Brachytherapy [High-Dose Rate Brachytherapy, Low-Dose Rate Brachytherapy], External Beam Radiation Therapy
[Volumetric Modulated Arc Therapy (VMAT), Proton Beam Therapy, Intensity Modulated Radiotherapy (IMRT), 3D
Conformal Radiotherapy (3D CRT), Stereotactic Technology, Image-Guided Radiotherapy (IGRT)], and Others.
The Radiation Oncology market on the source of Type of Application could span Internal Beam Radiation Therapy
[Penile Cancer, Breast Cancer, Prostate Cancer, Cervical Cancer, Gynecological Cancer, and Others], External Beam
Radiation Therapy [Colorectal Cancer, Lung Cancer, Prostate Cancer, Head and Neck Cancer, Breast Cancer, and
Others].
The Radiation Oncology industry on the source of Type of Product could span Systemic Beam Radiation Therapy,
Brachytherapy [Electronic Brachytherapy, See, Applicators and after loaders], External Beam Radiation Therapy
[Proton Therapy {Synchrotron, Cyclotron}, Compact Advanced Radiotherapy Systems {Tomotherapy, Cyber Knife,
Gamma Knife}, Electron-Emitting High-Energy Linear Accelerators {Linac}].
The Radiation Oncology market on the source of Area with respect to Trades in terms of intake, Profits, Market stake
and Development percentage could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [Japan,
China], Latin America [Brazil, Mexico], Middle East & Africa [South Africa].
By the source of geography, North America is the most important area in Radiation Oncology industry. North America
controlled worldwide market for radiation oncology by way of grabbing above 40.0% stake in the year 2016. Accredit
this supremacy to their progressive healthcare substructure, greater spending on healthcare and superior hard work
on R&D.
Yet, the degeneration in the source of isotopes has headed to a climb in the prices of these treatments, therefore
subsequently, they are within the means of only a few people, and would necessitate extra spending. Furthermore,
the consequences of insecurity regarding healthcare strategies & modifications in the U.S.A expected to convert into
market subtleties decreasing funds in this vertical.
Conversely, Asia Pacific expected to develop by a rewarding proportion above the prediction period. Growth in the
elderly inhabitants, suburbanization, and growing wealth in low and middle income nations similar to China and India
have headed to a progression of radiation oncology industry in this area.
The statement revises Trades in terms of intake of Radiation Oncology in the market; particularly in North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in
these regions. Some of the important companies operating in the field are Mallinckrodt Public Limited, Nor Dion
(Canada) Inc., Mevion Medical Systems, Inc., C.R. Bard, Inc., Accuracy Incorporated, Varian Medical Systems, NTP, Iso
Ray, Inc., Ion Beam Applications SA, and Elektra AB.
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Market Segment:
Radiation Oncology Product Outlook (Revenue, USD Million; 2014 - 2025)
• External Beam Radiation Therapy
• Electron-Emitting High-Energy Linear Accelerators (Linac)
• Compact Advanced Radiotherapy Systems
• Cyberknife
• Gamma Knife
• Tomotherapy
• Proton Therapy
• Cyclotron
• Synchrotron
• Brachytherapy
• Seeds
• Applicators and Afterloaders
• Electronic Brachytherapy
• Systemic Beam Radiation Therapy
• Others
Radiation Oncology Application Outlook (Revenue, USD Million; 2014 - 2025)
• External Beam Radiation Therapy
• Prostate Cancer
• Breast Cancer
• Lung Cancer
• Head and Neck Cancer
• Colorectal Cancer
• Others
• Internal Beam Radiation Therapy
• Prostate Cancer
• Gynecological Cancer
• Breast Cancer
• Cervical Cancer
• Penile Cancer
• Others
Radiation Oncology Technology Outlook (Revenue, USD Million; 2014 - 2025)
• External Beam Radiation Therapy
• Image-Guided Radiotherapy (IGRT)
• Intensity Modulated Radiotherapy (IMRT)
• Stereotactic Technology
• Proton Beam Therapy
• 3D Conformal Radiotherapy (3D CRT)
• Volumetric Modulated Arc Therapy (VMAT)
• Brachytherapy
• Low-Dose Rate Brachytherapy
• High-Dose Rate Brachytherapy
• Systemic Beam Radiation Therapy
• Others
Radiation Oncology Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Mexico
• Brazil
• MEA
• South Africa
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