MARKET INTRODUCTION
Radiation therapy or radiotherapy is a therapy using ionizing radiation, generally as part of cancer treatment to control or kill malignant cells and usually delivered by a linear accelerator. Radiotherapy may be curative in several types of cancer if they are localized to one area of the body. It is also used as part of adjuvant therapy that prevents tumor recurrence after surgery to remove a primary malignant tumor like in early stages of breast cancer.
MARKET DYNAMICS
The radiotherapy devices market is expected to grow significantly in the coming years, due to growing demand for radiotherapy devices in the oncological treatment of cancers. Moreover, increasing preference for radiotherapy for oncological treatment of cancers is anticipated to influence the end-user of radiotherapy devices in specialty centers.
MARKET SCOPE
The “Radiotherapy Devices Market Analysis to 2028” is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of radiotherapy devices market with detailed market segmentation by type, product type and indication. The radiotherapy devices 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 radiotherapy devices market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The radiotherapy devices market is segmented on the basis of type, product type and indication. Based on product, the market is segmented as beam radiotherapy and systemic radiotherapy. On the basis of beam radiotherapy, the market is categorized as IGRT, IMRT, VMAT, tomotherapy, stereotactic technology, 3D conformal technology. On the basis of product type, the market is categorized as external beam radiotherapy, internal radiotherapy products and radiotherapy software. On the basis of external beam radiotherapy, the market is categorized as LINAC, cyberknife, proton beam therapy. On the basis of internal radiotherapy products, the market is categorized as seeds, after loaders. On the basis of radiotherapy software, the market is categorized as treatment planning software, dosage planning software, patient positioning software, image guiding software. On the basis of indication, the market is categorized as external beam radiotherapy, internal radiotherapy products and radiotherapy software.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the radiotherapy devices market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The radiotherapy devices 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 radiotherapy devices 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 effecting the radiotherapy devices market in these regions.
MARKET PLAYERS
The report covers key developments in the radiotherapy devices 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 radiotherapy devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for radiotherapy devices in the global market. Below mentioned is the list of few companies engaged in the radiotherapy devices market.
The report also includes the profiles of key players in radiotherapy devices 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 Incorporated
- C.R. Bard, Inc.,
- Elekta AB
- Hitachi Ltd.
- Ion Beam Applications SA
- Mevion Medical Systems, Inc.
- Panacea Medical Technologies Pvt. Ltd.
- Provision Healthcare
- Varian Medical Systems, Inc.
- ViewRay, Inc.
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.