Radiotherapy Industry Segmentation by Type, Application, Regions, Key News and Top Companies Profiles

The new report titled ‘Global Radiotherapy Market’, published by Emergen Research, is systematically vetted by our team of analysts, with an eye toward the reader's comprehension, and containing a substantial database of industry distribution. The number of surgical procedures has increased as a result of technical development and rising public awareness, which is also boosting demand for the sector. One of the factors fueling the market's expansion is the radiotherapy industry's expanding use of technology. For instance, stereotactic body radiation treatment (SBRT) can effectively distinguish between healthy and cancerous cells. Researchers have examined the global market holistically and identified the elements that affect the market's overall expansion.

The study examines the strengths, weaknesses, opportunities, and threats related to the expansion of the major market segments using effective analytical methods like SWOT analysis and Porter's Five Forces. The research includes vital information that will enable readers to have a complete understanding of the radiotherapy market, such as market shares of the major competitors.

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Various technologies like AI, personalization or miniaturization have contributed significant share of growth, to capture the client need field operators have initiated emerging such technologies. For instance, in September 2019, Varian (U.S) software developer in partnership with Oncora (U.S.) a digital health company launched Ethos artificial intelligence radiotherapy device

Some of the key participants in this industry include:

·         Varian Medical Systems,

·         Inc. (U.S.),

·         Elekta (Sweden),

·         Accuray Incorporated (U.S.),

·         Ion Beam Applications S.A. (Belgium),

·         Panacea Medical Technologies Pvt. Ltd. (India),

·         ViewRay,

·         IsoRay Medical, Inc. (U.S.),

·         Provision Healthcare (U.S.),

·         Hitachi Ltd. (Japan),

·         Mevion Medical Systems, Inc. (U.S.) and

·         Reflexion Medical (U.S.)

Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Radiotherapy market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Key regions covered in the report:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

 

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Continue increasing demand for technological advances in the market promoted several market players to develop advanced version of their product offerings. For instance, in January 2020, Elekta signed an agreement with the Institute Jules Bordet, Brussels for Elekta Unity MR-linac system, Versa H.D. linear accelerators (linacs), and to upgrade Elekta Infinity linacs.

Emergen Research have segmented the global Radiotherapy Market on the basis of products, types, applications, end-users, and region:

Products Outlook (Revenue in Million USD; 2017–2027)

·         External Beam Radiotherapy Product

o    Linear Accelerators (LINAC)

1.      Conventional LINAC

2.      Stereotactic Advanced Electron/Cobalt-60 LINAC

1.      CyberKnife

2.      Gamma Knife

3.      TomoTherapy

3.      Particle Therapy Systems

1.      Cyclotrons

2.      Synchrotrons

3.      Synchrocyclotrons

4.      Conventional Cobalt-60 Teletherapy Units

o    Internal Beam Radiotherapy/Brachytherapy Products

1.      Seeds

2.      Applicators

3.      Afterloaders

4.      Electronic Brachytherapy Products

o    Systemic Radiotherapy

1.      Iobenguane-131

2.      Samarium-153

3.      Rhenium-186

4.      Yttrium-90

5.      Radium-223

6.      Phosphorous-32

7.      Radio-Labelled Antibodies

Types Outlook (Revenue in Million USD; 2017–2027)

·         External Beam Radiotherapy

1.      Image-guided Radiotherapy (IGRT)

2.      Intensity-modulated Radiotherapy (IMRT)

1.      TomoTherapy

2.      Volumetric Modulated Arc Therapy (VMAT)

3.      Stereotactic Therapy

4.      3D Conformal Radiotherapy (3D-CRT)

5.      Particle Beam Therapy (Heavy-ion and Proton Therapy)

·         Internal Beam Radiotherapy/Brachytherapy

1.      Low-dose-rate (LDR) Brachytherapy

2.      High-dose-rate (HDR) Brachytherapy

3.      Pulsed-dose-rate (PDR) Brachytherapy

·         Systemic Radiotherapy

1.      Intravenous Radiotherapy

2.      Oral Radiotherapy

3.      Instillation Radiotherapy

End Use Outlook (Revenue in Million USD; 2017–2027)

·         Hospitals

·         Independent Radiotherapy Centers

The total contract was valued at approximately USD 24.2 million. This was beneficial to provide Bordet institute advanced radiotherapy solutions.

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