Global Radiotherapy Market to reach USD 12.3 billion by 2025
Aarkstore Enterprise culminates the newest Market Research Report Titled "Global radiotherapy market "
Technological advancements in Radiotherapy and increasing government investments to meet the demand for cancer treatment are some key trend triggering the growth of the radiotherapy market over the forecast period 2018-2025.
Summary
Key driving factor for the radiotherapy market is increasing prevalence of cancer. Since, radiotherapy tests allows clinicians to identify and detect organism accurately and helps to offer proper guidance to clinicians thereby, promoting the demand for radiotherapy tests over the forecast period. According to Cancer index, it was estimated that around 2,814,000 of Chinese would die from cancer in 2015 equivalent to around 7,500 cancer deaths every day on an average basis in the country.
Similarly, as per the National Institute of Cancer Prevention and Research of India, 1 woman affected by cervical cancer dies due to its impact in every 8 minutes. For every 2 women newly diagnosed with breast cancer, 1women die. Every year, over 7 lakh cancer cases are registered in India which in turn causes 5,56,400 deaths in year that is fueling the adoption and utility of radiotherapy in India. Also, as per the National Cancer Control Strategy (2017-2022), Cancer is estimated to be the 3rd leading cause of death after cardiovascular diseases and infectious diseases in Middle East & Africa region.
Leading Market players :
GE Healthcare
Siemens AG
Canon Medical Systems Corporation
Varian Medical Systems, Inc.
Ion Beam Applications
Nordion
Isoray
Mirada Medical
Elekta AB
Market Analysis:
Global radiotherapy market is valued at approximately USD 7.2 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 6.90 % over the forecast period 2018-2025.The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.
Detailed segments and sub-segment of the market by Type, by Application, by End-user and by Regions:
By Type:
External Beam Radiation Therapy
Internal Radiation Therapy
Systemic Radiation Therapy
By Application
Skin & Lip Cancer
Breast Cancer
Head & Neck Cancer
Prostate Cancer
Cervical Cancer
Spine Cancer
Lung Cancer
Others
By End-user
Hospitals
Cancer Research Institutes
Ambulatory & Radiotherapy Centers
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Target Audience of the Global radiotherapy market:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Category: Healthcare Market Research
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