Market Research Future has released a new report on the Global Radiotherapy Market which reveals a notable CAGR of 7% during the forecast period of 2018 to 2023 with an estimated value of USD 7 Million by the end of 2023. Report Contains detailed information to deliver country level analysis of the market’s segments which includes by treatment type and by applications.
Global Radiotherapy Market – Major Players
Some of the players are involved in manufacturing of the Radiotherapy those are,
- GE Healthcare (UK)
- Siemens (Germany)
- Varian (India)
- Cardinal Health (US)
- View ray (US)
- Fuji Holdings (Japan)
- Philips Healthcare (US)
- Shimadzu Corporation (Japan)
- Hologic (US)
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Global Radiotherapy Market – Updates
Feb 2018 the foremost international provider of innovative, superior quality and patient-centric radiotherapy solutions, CIVCO and Stratpharma AG which is a Swiss company that concentrates in pioneering topical medical products to progress post-procedure results, have joined their synergies to concentrate on wound care for patients in radiation therapy. This enterprise is in line with the missions of the two companies to emphasize on patient outcomes in the space for radiation therapy. CIVCO will be the special provider in the U.S. of the StrataXRT product which is a ground-breaking wound dressing in the treatment for dermatitis from radiation. Reactions which are acute and radiation-induced skin are an unavoidable result of radiation therapy and happen in up to 95% of patients getting treatment to the groin, breast or perineum. The StrataXRT is a gel which is a self-drying wound dressing is developed to be used through and after radiation treatment.
Jan 2018 Varian Medical Systems signed an agreement to acquire Sirtex Medical Limited. This acquisition expands Varian’s addressable market into interventional oncology to emerge as a global leader in radio embolization.
October 2017 Varian has launched its radiotherapy device ProBeam Compact single-room proton therapy system.
July 2017 View Ray has recently announced the launch of MRI-guided radiation therapy solution, MRIdian Linac.
Global Radiotherapy Market – Highlights
Radiotherapy is generally used as a treatment for cancer. Around four out of every ten people are treated for cancer undergo radiotherapy. Normally together with other types of treatment including chemotherapy and surgery. Radiotherapy usually uses high power X-rays to destroy unwanted cells, such as cancer cells. The Radiotherapy Market will grow very rapidly at a rate of 7% CAGR during the forecasted period 2017-2023. The market is expected to reach USD 7 million from 4.5 million in 2016 during the forecasted period.
Global Radiotherapy Market – Segmentation
The segmentation for the Radiotherapy Market is done on the basis of the treatment type and by application. On the basis of treatment type includes X-Ray, Gamma ray, External Beam radiotherapy, proton therapy, internal radiation therapy. The external beam radiotherapy segment is further sub-segmented into the treatment types which are 3D conformal radiation therapy, intensity modulated radiation therapy (IMRT), image guided radiation therapy (IGRT), Tomotherapy, Stereotactic radio surgery, and stereotactic body radiation therapy. On the basis of the application the segment is prostate cancer, breast cancer and lung cancer, ovarian cancer and thyroid.
Global Radiotherapy Market – Regional Analysis
The Radiotherapy Market is segmented into four main geographic regions Americas, Europe, Asia-Pacific, and Middle East and Africa. America holds the larger market in the radiotherapy the market increasing due to the increasing advancement in the technology. Europe is another dominating region for the use of the radiotherapy. Asia-pacific region is growing at a rapid pace because of the increasing number of patients in the region. The number is increasing due to the more consumptions of tobacco is seen in this region. Middle East and Africa is slow growing segment because of the lack of awareness of the chronic diseases and the treatment facilities are also limited in this region.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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