Global Radiotherapy Devices Market 2024-2028

Global Radiotherapy Devices Market 2024-2028

The radiotherapy devices market is forecasted to grow by USD 1.59 bn during 2023-2028, accelerating at a CAGR of 5.82% during the forecast period. The report on the radiotherapy devices market provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing incidence of cancer, rising advancements in radiotherapy devices, and the emergence of complex separation methods for ultra-purification.

Technavio's radiotherapy devices market is segmented as below:

By End-user

Hospitals
Ambulatory surgical centers
Oncological treatment centers

By Product

External beam radiation therapy device
Internal beam radiation therapy device

By Geography

North America
Europe
Asia
Rest of World (ROW)

This study identifies the rising growth potential in emerging economies as one of the prime reasons driving the radiotherapy devices market growth during the next few years. Also, extensive research and development pipelines and rising awareness about cancer among the target population will lead to sizable demand in the market.

The report on the radiotherapy devices market covers the following areas:

Radiotherapy devices market sizing
Radiotherapy devices market forecast
Radiotherapy devices market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading radiotherapy devices market vendors that include Accuray Inc., AngioDynamics Inc., Becton Dickinson and Co., Eckert and Ziegler AG, Elekta AB, GE Healthcare Technologies Inc., Hitachi Ltd., iCAD Inc., Ion Beam Applications SA, IsoRay, Inc., Koninklijke Philips N.V., Mitsubishi Heavy Industries Ltd., Nasdaq Inc., Neusoft Corp., Shinva Medical Instrument Co., Ltd., Siemens Healthineers AG, Theragenics Corp., Toshiba Corp., ViewRay Inc., and Vision RT Ltd.. Also, the radiotherapy devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.