The global market for Radiation Therapy Equipment is estimated at US$6.1 Billion in 2023 and is projected to reach US$9.5 Billion by 2030, growing at a CAGR of 6.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the radiation therapy equipment market is driven by several factors, including the increasing prevalence of cancer, advancements in radiation therapy technologies, and rising investments in healthcare infrastructure. The global rise in cancer incidence has heightened the demand for effective treatment options, thereby boosting the adoption of advanced radiation therapy equipment. Continuous technological advancements, such as the development of more precise and efficient radiation delivery systems, have expanded the applications and efficacy of radiation therapy. Additionally, increasing investments in healthcare infrastructure, particularly in emerging markets, are facilitating the establishment of new cancer treatment centers equipped with modern radiation therapy devices. Government initiatives and funding aimed at improving cancer care and increasing access to advanced treatment options are also contributing to market growth.
The growth in the radiation therapy equipment market is driven by several factors, including the increasing prevalence of cancer, advancements in radiation therapy technologies, and rising investments in healthcare infrastructure. The global rise in cancer incidence has heightened the demand for effective treatment options, thereby boosting the adoption of advanced radiation therapy equipment. Continuous technological advancements, such as the development of more precise and efficient radiation delivery systems, have expanded the applications and efficacy of radiation therapy. Additionally, increasing investments in healthcare infrastructure, particularly in emerging markets, are facilitating the establishment of new cancer treatment centers equipped with modern radiation therapy devices. Government initiatives and funding aimed at improving cancer care and increasing access to advanced treatment options are also contributing to market growth.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the External Beam Radiation Therapy Equipment segment, which is expected to reach US$8.1 Billion by 2030 with a CAGR of a 6.8%. The Internal Radiation Therapy Equipment segment is also set to grow at 5.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.2 Billion in 2023, and China, forecasted to grow at an impressive 8.6% CAGR to reach $865.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Radiation Therapy Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Radiation Therapy Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Radiation Therapy Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Hitachi Ltd., GE HealthCare PLC, Hologic, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 57 Featured):
- Hitachi Ltd.
- GE HealthCare PLC
- Hologic, Inc.
- Elekta AB
- Brainlab AG
- Accuray, Inc.
- IsoRay Medical, Inc.
- C-RAD AB
- Acceletronics, Inc.
- Bionix Development Corporation
- Best Medical International, Inc.
- Huiheng Medical, Inc.
- IBA Worldwide
- .decimal, Inc.
- Canon Medical Systems Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISFRANCEGERMANYITALYSPAINRUSSIAREST OF EUROPEAUSTRALIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
UNITED KINGDOM
ASIA-PACIFIC
INDIA
ARGENTINA
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Hitachi Ltd.
- GE HealthCare PLC
- Hologic, Inc.
- Elekta AB
- Brainlab AG
- Accuray, Inc.
- IsoRay Medical, Inc.
- C-RAD AB
- Acceletronics, Inc.
- Bionix Development Corporation
- Best Medical International, Inc.
- Huiheng Medical, Inc.
- IBA Worldwide
- .decimal, Inc.
- Canon Medical Systems Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 508 |
| Published | October 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 6.1 Billion |
| Forecasted Market Value ( USD | $ 9.5 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
