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    Radiotherapy Market Gears Up for Robust Growth, Aiming for USD 9.44 Billion by 2030

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    Radiotherapy Market Overview and Scope

    The market size of the Radiotherapy industry was estimated to be USD 6.2 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2023-2030, reaching a value of USD 9.44 billion by 2030.

    Radiotherapy, a vital component of cancer treatment, has witnessed significant growth in recent years. This upward trajectory is expected to continue, driven by advancements in technology, increasing prevalence of cancer cases, and rising awareness about the benefits of radiotherapy.

    The forecasted growth in the radiotherapy market is attributed to several factors. Firstly, the continuous development of innovative radiotherapy techniques and equipment, such as intensity-modulated radiation therapy (IMRT) and image-guided radiation therapy (IGRT), has enhanced treatment precision and reduced side effects. These advancements have significantly improved patient outcomes and increased the adoption of radiotherapy as a preferred treatment option.

    Secondly, the rising incidence of cancer globally has created a substantial demand for effective treatment methods. Radiotherapy, with its ability to target cancer cells while minimizing damage to healthy tissues, has emerged as a crucial therapeutic approach. The increasing prevalence of various types of cancer, including lung, breast, prostate, and colorectal cancer, is expected to drive the demand for radiotherapy in the coming years.

    Furthermore, growing awareness among healthcare professionals and patients about the benefits of radiotherapy has contributed to its market growth. The recognition of radiotherapy as a safe and effective treatment option, coupled with the expanding knowledge about its potential applications, has led to increased acceptance and utilization of this therapy.

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    Major Players Listed in the Report are as Follows:

    Siemens Healthineers AG, Elekta, Accuray Incorporated, IBA, ViewRay Technologies, Inc, Hitachi Ltd, iCAD, inc, IsoRay, Inc, Mevioi Medical Systems, Inc, Panacea Medical Technologies Pvt. Ltd, P-cure Ltd, and ZEISS Group, and others.

    Radiotherapy Market Segmentation as Follows:

    By Type

    • Product
    • Service

    By Technology

    • External Beam Radiotherapy
      • Linear Accelerators
        • Conventional Linear Accelerators
        • Stereotactic Advanced Electron/Cobalt-60 Linear Accelerators
        • Gamma Knife
        • CyberKnife
        • TomoTherapy
      • Conventional Cobalt-60 Teletherapy Units
      • Particle Therapy Systems
        • Cyclotrons
        • Synchrotrons
        • Synchrocyclotron
    • Internal Beam Radiotherapy/Brachytherapy
      • Seeds
      • Afterloaders
      • Applicators
      • IORT Systems
    • Systemic Radiotherapy
      • lobenguane (I-131)
      • Samarium-153
      • Rhenium-186
      • Other Systemic Radiotherapy Products

    By Application

    • External Beam Radiotherapy
      • Prostate Cancer
      • Breast Cancer
      • Lung Cancer
      • Head and Neck Cancer
      • Colorectal Cancer
      • Other Cancers
    • Internal Beam Radiotherapy/Brachytherapy
      • Prostate Cancer
      • Gynecological Cancer
      • Breast Cancer
      • Cervical Cancer
      • Penile Cancer
      • Other Cancers

    By Procedure

    • External Beam Radiotherapy
      • Image-guided Radiotherapy
      • Intensity-modulated Radiotherapy
      • Stereotactic Therapy
      • Particle Therapy
      • 3D Conformal Radiotherapy
    • Internal Beam Radiotherapy/Brachytherapy
      • High-dose-rate Brachytherapy
      • Low-dose-rate Brachytherapy
      • Pulsed-dose-rate Brachytherapy
    • Systemic Radiotherapy
    • Intravenous Radiotherapy
    • Oral Radiotherapy
    • Instillation Radiotherapy

    By End User

    • Hospitals
    • Independent Radiotherapy Centers.

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    Geographically, North America currently dominates the Radiotherapy market, owing to the presence of well-established healthcare infrastructure, high healthcare expenditure, and a large patient pool. However, the Asia-Pacific region is anticipated to witness the highest growth rate during the forecast period. Factors such as the increasing geriatric population, rising disposable income, and improving healthcare facilities Furthermore, advancements in technology and the development of innovative radiotherapy techniques are expected to further drive the growth of the radiotherapy market globally.

    Table of Content

    Chapter 1 Introduction 

    Chapter 2 Research Methodology

    Chapter 3 Radiotherapy Market Dynamics

    Chapter 4 Impact Analysis (COVID-19, Ukraine- Russia war, Ongoing Recession on Major Economies)

    Chapter 5 Value Chain Analysis

    Chapter 6 Porter’s 5 forces model

    Chapter 7 PEST Analysis

    Chapter 8 Radiotherapy Market Segmentation, By Type

    Chapter 9 Radiotherapy Market Segmentation, By Technology

    Chapter 10 Radiotherapy Market Segmentation, By Application

    Chapter 11 Radiotherapy Market Segmentation, By Procedure

    Chapter 12 Radiotherapy Market Segmentation, By End User

    Chapter 13 Regional Analysis

    Chapter 14 Company profile

    Chapter 15 Competitive Landscape

    Chapter 16 Use Case and Best Practices

    Chapter 17 Conclusion

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    About US:

    SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies.

    We assist our clients to anticipate industrial, economic, and consumer trends to drive disruptive change by fusing global experience with local information from experts throughout the world. We bring context to strategic and tactical data by bridging approaches based on data science and field research, assisting you in addressing your most pressing problems and spotting possibilities.

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