What are the Global Growth Factors?
Technological advancements in the field of radiotherapy and rising incidence of cancer are the major factors driving the growth of the global RadiotherapyMarket. Additionally, rapid growth in the aging population, growing adoption of radiotherapy for the treatment of cancer, and increasing number of conferences and symposia focusing on the advancements in radiotherapy are some of the other factors driving the growth of this market. In addition, emerging markets (such as China and India) are poised to offer new growth opportunities for key Radiotherapy Market players during the next decade.
What The Experts Says about the Market Growth?
The global radiotherapy market is projected to reach $9.47 billion by 2022 at a CAGR of 6.8%
Browse and in-depth TOC on "Radiotherapy Market"
117 – Tables
37 - Figures
223 - Pages
View more @ https://www.marketsandmarkets.com/Market-Reports/radiotherapy-monitoring-devices-market-567.html
Cancer research institutes utilize radiotherapy devices to develop imaging tools with high quality and accuracy aimed at providing better diagnostic and treatment solutions. The growing awareness about the research applications of radiotherapy devices, development of cost-effective and technologically advanced diagnostic and therapeutic radiotherapy systems are important growth drivers driving the demand for radiotherapy techniques among cancer research institutes.. Furthermore, increasing industry-academia collaborations in the field of research, and increasing investments from government institutes and private bodies are adding opportunities for this segment
Technological advancements in the field of radiotherapy and rising incidence of cancer are the major factors driving the growth of the global RadiotherapyMarket. Additionally, rapid growth in the aging population, growing adoption of radiotherapy for the treatment of cancer, and increasing number of conferences and symposia focusing on the advancements in radiotherapy are some of the other factors driving the growth of this market. In addition, emerging markets (such as China and India) are poised to offer new growth opportunities for key Radiotherapy Market players during the next decade.
What The Experts Says about the Market Growth?
The global radiotherapy market is projected to reach $9.47 billion by 2022 at a CAGR of 6.8%
Browse and in-depth TOC on "Radiotherapy Market"
117 – Tables
37 - Figures
223 - Pages
View more @ https://www.marketsandmarkets.com/Market-Reports/radiotherapy-monitoring-devices-market-567.html
Cancer research institutes utilize radiotherapy devices to develop imaging tools with high quality and accuracy aimed at providing better diagnostic and treatment solutions. The growing awareness about the research applications of radiotherapy devices, development of cost-effective and technologically advanced diagnostic and therapeutic radiotherapy systems are important growth drivers driving the demand for radiotherapy techniques among cancer research institutes.. Furthermore, increasing industry-academia collaborations in the field of research, and increasing investments from government institutes and private bodies are adding opportunities for this segment
Geographical Analysis:
Geographically, the radiotherapy market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest share of the market in 2016, followed by Europe. A number of factors such as technological advancements in radiotherapy equipment, growing number of cancer cases, and rising focus of key players on expanding their presence in North America are driving the growth of the radiotherapy market in this region.
Key Market Players:
Varian Medical Systems, Inc. (U.S.) and Elekta AB (Sweden) dominated the global radiotherapy market. Other prominent players include Accuray Incorporated (U.S.), Ion Beam Applications (IBA) (Belgium), Nordion, Inc. (Canada), C. R. Bard, Inc. (U.S.), Isoray Medical, Inc. (U.S.), RaySearch Laboratories (Sweden), Mevion Medical Systems, Inc. (U.S.), and Mitsubishi Electric Corporation (Japan).
Geographically, the radiotherapy market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest share of the market in 2016, followed by Europe. A number of factors such as technological advancements in radiotherapy equipment, growing number of cancer cases, and rising focus of key players on expanding their presence in North America are driving the growth of the radiotherapy market in this region.
Key Market Players:
Varian Medical Systems, Inc. (U.S.) and Elekta AB (Sweden) dominated the global radiotherapy market. Other prominent players include Accuray Incorporated (U.S.), Ion Beam Applications (IBA) (Belgium), Nordion, Inc. (Canada), C. R. Bard, Inc. (U.S.), Isoray Medical, Inc. (U.S.), RaySearch Laboratories (Sweden), Mevion Medical Systems, Inc. (U.S.), and Mitsubishi Electric Corporation (Japan).
Radiotherapy Market by Type (External (IGRT, IMRT, 3D-CRT), Internal (LDR, HDR) & Systemic), Product (Proton Beam, Cyberknife, LINAC, Seed, Samarium), Application (Prostate, Breast, Cervical), End User, and Region - Global Forecasts to 2022
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