Market Scenario:

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 focus of radiotherapy is to destroy the unwanted cells and avoid damaging healthy cells as much as possible. The damages cell stops repairing itself when the cell is damaged through DNA and are broken down by the natural process of body. The radiotherapy treatment are less painful than the chemotherapy and surgeries. The radiotherapy also have some side effects along with it. The side-effects of radiation therapy are nausea, hair loss, skin problems, fatigue, appetite loss, diarrhea, fertility issues could potentially hamper radiotherapy devices market growth.

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The market for Radiotherapy 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.

Key players of Global Radiotherapy Market:

Some of the players are involved in manufacturing of the Radiotherapy those are,

GE Healthcare(UK)

Siemens (Germany)

Varian(India)

Cardinal Health(US)

Nordion(CA)

Isoray(US)

View ray (US)

Fuji Holdings(Japan)

Philips Healthcare (US)

Shimadzu Corporation (Japan)

Hologic (US).

Market Segments:         

Radiotherapy Market segmentation 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 are prostate cancer, breast cancer and lung cancer, ovarian cancer and thyroid.

Study objectives:

• To deliver detail study of the market structure along with projected future growth forecast for the next 7years about various segments and sub-segments of the global radiotherapy market.
• To deliver understandings about factors affecting the market growth.
• To study the global radiotherapy market based on various factors - price analysis, supply chain analysis, porters five force analysis etc.
• To deliver past and evaluated future revenue of the market’s segments and sub-segments with respect to four main geographies and their countries - Americas, Europe, Asia-Pacific along with Middle East & Africa.
• To deliver country level analysis of the market with respect to the current market size and future growth prospect.
• To deliver country level analysis of the market’s segments which includes by treatment type and by applications.
• To deliver synopsis of key players and their strategic profiling in the market, systematically examining their core competencies and drawing a competitive landscape of the market.
• To track and analyze developments which are competitive in nature such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments currently taking place in the 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.

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The report for Global Radiotherapy Market by Market Research Future comprises of extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.

Continued…

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