As per the syndicated report published by Market Data Forecast Europe Radiotherapy Market which is estimated to be USD 1,362.5 million in 2016 is poised to reach USD 1,798.5 million by 2021, at a CAGR of 5.71% from 2016 to 2021.
It can attribute to the factors such as surge in the number of cancer patients, decrease in the cost of treatment in several developed areas, enormous government and non-government funds in Research and Development of cancer treatment and inclination for non-invasive techniques of treatment. In radiotherapy, harm to neighbouring healthy cells by the high dosage of radiation is a side-effect which could pose a risk for market growth. The several side-effects of radiation treatment such as fatigue, skin problems, nausea, fertility issues, hair loss, appetite loss, diarrhea could possibly obstruct radiotherapy devices market growth.
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To give brief idea, Radiotherapy is a painless treatment and is extensively used in cancer treatment. Radiotherapy is centred on the principle of damage of cancerous cells by destructing their DNA inside these cells by radiations. It slow down the growth of cancerous cells and is intended at providing comforting care to relieve the patient of symptoms. Markets such as Europe are ripening with both old and new technologies. The most often arising forms of the disease in the European region are colorectal, breast, prostate, and lung cancers.
Europe Europe Radiotherapy Market is segmented based on type, and application as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
- External Beam Radiation Therapy
- Intensity-Modulated Radiation Therapy (IMRT)
- Image-Guided Radiation Therapy (IGRT)
- Stereotactic Radiosurgery
- Stereotactic body Radiation Therapy
- Proton Therapy
- Internal Beam Radiation Therapy
- Systemic Radiation Therapy
- Skin & Lip Cancer
- Head & Neck Cancer
- Breast Cancer
- Prostate Cancer
- Cervical Cancer
- Lung Cancer
- Spine Cancer
By Equipment Type:
- Linear Accelerators
- Radiation Therapy Simulators
- Treatment Planning Systems
Based on geography the market is analysed under various regions namely, Germany, France, Italy, Spain and U.K. France is expected to grow at highest CAGR among the countries in European region during the forecast period from 2016-2021. The prostate cancer application segment is estimated to hold the largest share in both external beam radiotherapy market along with internal radiotherapy market.
Nordion Inc. (Canada), RaySearch Laboratories AB (Sweden), Ion Beam Applications SA (Belgium), C. R. Bard Inc. (U.S.), Mevion Medical Systems Inc. (U.S.), Varian Medical Systems Inc. (U.S.), IsoRay Medical Inc. (U.S.), Elekta AB (Sweden), Accuray Incorporated (U.S.), and Mitsubishi Electric Corporation (Japan) are the key players in the radiotherapy market.
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The Europe Radiotherapy Market study offers the following deliverables:
- Regional and country-level analysisthat provides an innate perspective of European region and the aforementioned countries
- Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
- Explanations of key drivers, restraints, opportunities, and challenges(DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porter’s Five Forces Analyses
- Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market playersoperating in the region
- Competitive landscape analysislisting out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook – Investment opportunitiesto provide both individuals and organizations a strong financial foothold in the market
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