This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Radiotherapy Devices Market

Radiotherapy Devices Market

Radiotherapy Devices Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022

Radiotherapy Devices Market
FACT77MR
  • Jul-2017
  • List of Tables : 152
  • List of Figures : 48
  • 170 Pages
  • Healthcare

Market Overview

Improving the quality of life of cancer patients and survivors is becoming more important than the efficacy of treatments. Against the backdrop of health risks associated with prominent cancer treatment procedures such as chemotherapy, patients and oncologists are turning towards radiotherapy as the most soothing option in treatment of cancers.

In the years to come, the global cancer incidence rate is expected to soar uncontrollably, particularly due to emergence of new complications arising from exposure of toxic materials.

The demand for radiotherapy devices will continue to grow in parallel with the adoption of radiotherapy in treatment of cancers. Reduced hospital stay, effectively control over the growth of tumorous tissues, and low exposure to undue radiation are serving as proponents of using radiotherapy devices in oncological treatment of cancer.

Going forward, the global market for radiotherapy devices is expected to witness higher participation of medical device manufacturers towards product innovation.

Radiotherapy devices are a wide range of medical devices used in radiation therapy. These devices can produce accurate amount of high-energy radiation, which is further delivered on targeted areas of the patient’s body.

General characteristics of a radiotherapy device include emission of electrons, photons and other fast-moving subatomic particles, and the use of x-ray tubes to build contact between the device and the targeted area in the patient’s body.

The Fact.MR report on global market for radiotherapy devices projects that by the end of 2022, more than US$ 7 Bn worth of radiotherapy devices will be sold across the globe, reflecting an impressive market expansion at stellar CAGR.

High Demand for Linear Accelerator Devices

With continued advancements in medical technology, linear accelerator devices have emerged to become top-selling products in the global market for radiotherapy devices.

Viewed as the most-advanced radiotherapy devices, linear accelerators produce radiation and deliver it precisely in critical procedures such as intensity modulated radiation therapy and intraoperative radiation therapy. In 2017, more than US$ 2 Bn worth of linear accelerators are expected to be sold in the global radiotherapy devices market.

Know More Details About the Report

Oncological Treatment Centers to Boost the use of Radiotherapy Devices

Increasing preference to radiotherapy for oncological treatment of cancers is expected to influence the end-use of radiotherapy devices in specialty centers. The report predicts that hospitals will remain the largest end-users of radiotherapy devices, and also projects a soaring rise in the end-use of radiotherapy devices across oncological treatment centers in the world.

Against the background of high medical costs, the adoption of radiotherapy devices becomes cost-effective for oncological treatment centers. In addition to this, the demand for radiotherapy devices in the oncological treatment of cancers is also expected to incur influence from the advantage of radiotherapy in controlling the growth of carcinogenic cells & tissues.

By the end of 2022, more than US$ 1.9 Bn worth of radiotherapy devices will be sold in the global market across oncological treatment centers.

Competition Tracking

  • Varian Medical Systems
  • Elekta AB
  • Accuray Inc.
  • C.R. Bard Inc.
  • IBA Ion Beam Applications SA
  • Koninklijke Philips N.V.
  • Siemens AG
  • Eckert & Ziegler Bebig
  • IsoRay Inc.
  • GE Healthcare
  • Vision RT Ltd.
  • RaySearch Laboratories AB
  • Theragenics Corp
  • Toshiba Medical Systems Corporation
  • AngioDynamics Inc.
  • Mitsubishi Electric Corporation
  • Shinva Medical Instrument Company Limited
  • and Neusoft Medical Systems Co. Ltd.

are key companies that are expected to remain active in the expansion of global radiotherapy devices market through 2022.

Avail customized purchase options for your needs

Market Taxonomy

By Product Type
  • Linear Accelerators Devices
  • Proton Therapy Devices
  • Brachytherapy Devices
  • Others
By End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Oncological Treatment Centers

Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Through technological advancements, radiotherapy devices have become more effective in oncological treatment & diagnosis ofl cancers. Medical professionals and cancer patients, both, are promoting the adoption of radiotherapy devices pertaining to their advantage in lowering hospital stay of patients and controlling the growth of cancerous tumors.

This report offers a comprehensive overview on the growth of the global radiotherapy devices market till date, delivering key insights on how the market will expand during the forecast period, 2017-2022.

Scope

The scope of Fact.MR’s report is to analyze the global radiotherapy devices market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis.

Medical device manufacturers, research institutes, and raw material suppliers in the global radiotherapy devices market can benefit from the analysis offered in this report.

This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to radiotherapy devices.

Summary

The report commences with a brief information of the global radiotherapy devices market. This executive summary sets the tone for the rest of the report, providing users the scope of the report.

The executive summary includes important facts and statistics on the global radiotherapy devices market.

Overview

The next section offers an overview of the global radiotherapy devices market. This comprises an introduction to the market, along with a standard definition of the product – radiotherapy device.

In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global radiotherapy devices market, the report provides updates about market opportunities, which can benefit leading manufacturers of radiotherapy devices.

With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for radiotherapy devices manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, safety regulations, pricing analysis, list of distributors, and cost structure are provided in this section.

As radiotherapy continues to gain traction for being the most coveted treatment on wide range of cancers, the global market for radiotherapy devices continues to expand exponentially. In order to analyze the vast scope of global radiotherapy devices market, the report has segmented the market into – product type, end-users and region.

Through this segmentation, the report will also offer a country-wise forecast across all parameters associated with the radiotherapy devices market.

The report’s last section comprises of the global radiotherapy devices market competitive landscape, to provide readers with the dashboard view of company analysis and market players.

This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global radiotherapy devices market.

Research Methodology

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

Need an Exclusive Report for your Unique Requirement?

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.