Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Radiation Therapy Equipment market. Market segmentation includes Type (External Beam Radiation Therapy, Internal Radiation Therapy, Systemic Radiation Therapy); End-Use (Hospitals, Other End-Uses).
Radiation therapy or radiotherapy has emerged as an integral part of treatment for cancer patients. By using high-energy radiation from sources such as X-rays, neutrons, protons, and gamma rays, radiotherapy kills cancer-affected tissues or prevents multiplication of cancer cells in the body. The therapy is also used for shrinking tumor cells, and for addressing symptoms of cancer such as reducing pain and pressure. Radiation therapy finds use in the treatment of various types of cancer, including cervical cancer, breast cancer, prostate cancer and lung cancer, among others. Over the past few decades, radiotherapy has witnessed a paradigm shift due to significant advancements in medical technologies. As the burden of cancer on the overall healthcare industry continues to grow, advent of new technologies and treatment techniques is expected to spur growth in the radiation therapy equipment market and also transform the manner in which cancer treatments are planned and the way in which doses are delivered. Advancing cancer treatment technologies, increased focus on accurate diagnosis, availability of precise treatment planning systems. and increasing availability of reimbursement coverage for radiotherapy treatments is expected to favor market growth. However, amidst the ongoing COVID-19 pandemic, there has been a decline in urgent referrals from general practitioners to cancer services for people suspected to having the disease and also a drop in chemotherapy appointments from cancer patients, thus impacting the market. The market is being favored by the steady pace of technological advancements being seen in radiotherapy devices and cancer research over the years, which is fueling their adoption among physicians worldwide. Reducing cost of treatment in several developed nations, and increasing government and private investments in research and development associated with cancer treatment are fostering growth in the global radiotherapy equipment market. The recent advancements and innovations in the radiation therapy space have led to the development of effective treatments, a good prognosis, and reduced side effects during the treatment.
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 732. Among this pool, 146 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 29 unique participations, a total of 13 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
Segments Covered in the Report -
Type (External Beam Radiation Therapy, Internal Radiation Therapy, Systemic Radiation Therapy)
End-Use (Hospitals, Other End-Uses)
Geographies Analyzed in the Report -
Rest of Europe
Rest of Asia-Pacific
Rest of Latin America
Rest of Middle East
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
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Global Industry Analysts, Inc.