Radiotherapy Machine Market to Grow at 9.15% of CAGR by 2025 – Industry Size, Types, Applications, Growth, Demand and Forecast Research
The Global Radiotherapy Machine Market was valued at USD XX million in 2018, and is expected to grow at a CAGR of 9.15% by 2025. The market is driven by increasing patient pool for cancer, increasing ageing population, increase in out-patient cancer facilities and increasing demand for better radiotherapy equipments and replacement of out dated products.
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The growing adoption of this therapy in emerging markets and the development of advanced external beam radiotherapy devices to localize tumorous cells while minimizing harm to surrounding healthy cells are some of the major factors contributing to the growth of this market segment.
Based on end user, the hospitals segment accounted for the largest share of the global radiotherapy machine market in 2016. The large share of this segment can be credited to factors such as increasing installations of advanced radiotherapy machines equipment in developed as well as emerging regions, increasing government initiatives, and rising incidence of cancer.
No. of Pages: – 121
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North America accounted for the largest share of the global radiotherapy machine market in 2016, followed by Europe. The large share of the North American region is mainly attributed to the increasing healthcare expenditure in the region, technological advancements, and high adoption of radiotherapy machine products due to the increasing incidence of cancer. The Asia-Pacific is anticipated to register the highest growth rate during the forecast period.
Some of the key players operating in this market include Varian Medical Systems, Inc., Elekta AB, Accuray Incorporated, IBA (Ion Beam Applications SA), Nordion, Inc., C. R. Bard, Inc., Isoray Medical, Inc., Raysearch Laboratories, Mitsubishi Electric Corporation, Mevion Medical Systems, Inc., Theragenics Corporation, P-Cure Ltd., Viewray Inc., Panacea Medical Technologies Pvt. Ltd., Pronova Solutions, LLC. And Others.
Key Benefits of the Report:
• Global, Regional, Country, Product Type, and End User Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, Product Type & End User, and competitive landscape with qualitative and quantitative information and facts
Target Audience:
• Radiotherapy machine providers
• Traders, Importer and Exporter
• Raw material suppliers and distributors
• Research and consulting firms
• Government and research organizations
• Associations and industry bodies
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Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
• Original Equipment Manufacturer,
• Component Supplier,
• Distributors,
• Government Body & Associations, and
• Research Institute
TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Radiotherapy Machine Market — Industry Outlook
4 Radiotherapy Machine Market Product Type Outlook
5 Radiotherapy Machine Market End User Outlook
6 Radiotherapy Machine Market Regional Outlook
7 Competitive Landscape
End of the report
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