Global Radiation Oncology Market Trends and Drivers, Restraints, and Opportunities 2018-2024


Radiation Oncology is an effective treatment for many types of cancer. Radiation therapy is additionally applied in combination with surgery, chemotherapy, or immunotherapy. Increasing adoption of radiotherapy is enhancing the growth of the market at a substantial rate. This treatment can be used at three stages: primary cancer treatment, adjuvant therapy post chemotherapy/surgery, and in mollifying therapy to reduce the size of tumor & minimize the symptoms.

Patients are not hesitant to opt for advanced treatment options recently due to the aid of supportive government initiatives and awareness. Brachytherapy is expected to gain maximum share during the forecasted period. Extensive usage of brachytherapy for the treatment of prostate and breast cancer is anticipated to govern the growth. 3-D CRT technology creates radiation beams, which form the shape at the specific site of cancer. This technology is anticipated to grow at a lucrative growth rate over the forecasted period. North America accounted for the largest market share in the radiation oncology market in 2017, and is expected to retain its dominance throughout the forecast period. Developed health infrastructure, presence of many multinational players, and greater per capita health infrastructure are the key factors contributing to the dominance of this region over the forecast period. Few of the prominent players in the market are Varian Medical Systems, Elekta AB, Accuray Inc., Ion Beam Applications S.A., C.R. Bard Inc., IsoRay Inc., Mevion Medical Systems, Nordion (Canada) Inc., NTP, and Mallinckrodt Public Limited Company.

The report provides the complete details of various market trends and adoption rate in various segments and across the regions. The major trends, drivers, restraints, and opportunities in each segment are also covered. This study will help stakeholders to understand the current and future market outlook to focus/expand/invest in the radiation oncology market.

This report also provides the competitive landscape of the leading players in Global Radiation Oncology market and this study will help the vendors to understand about their competitor’s landscape. The report can also be tailored as per the specific info required by the users. The customization of the report is available based on countries, vendor profiles, enterprise and vertical wise.

Report Scope:

  • Healthcare Category
    • MEDICAL DEVICES
  • Product Type
    • External Beam Radiation Therapy
    • Brachytherapy
    • Systemic Beam Radiation Therapy
    • Others
  • Regions
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

Industry Outlook: Market Trends and Drivers, Restraints, and Opportunities

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  • Data Collation (Secondary & Primary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

methodology

Market related information is congregated from both secondary and primary sources. Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

Primary sources involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

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