Radiotherapy is also called as radiation therapy. Radiotherapy refers to using radiation such as electronic beams, protons, X-rays and others to treat the diseases. Radiation therapy used to kill cancer cells. When body tissue exposed to radiation, cancer cells and normal cells both are affected but normal cells usually repair themselves whereas cancer cells cannotChanging aspects of global radiotherapy market
According to WHO, cancer is estimated to be one of main reasons of deaths globally. There were 14 million new cancer cases diagnosed and there will be approximately 22 million within two decades. With increasing in cases of cancer diseases is leading the growth of radiotherapy market.
• Rise in demand for non-invasive therapies of cancer worldwide
• Technological advances in radiotherapy such as image guided radiation therapy (IMRT)
• Increased adoption of radiotherapy for treatment of cancer
• Promising government policies and developing healthcare infrastructure will boost the radiotherapy market globally.
Regional analysis:
North America radiotherapy market has a notable growth due to increasing cases of cancer, great healthcare infrastructure, technological advancements and promising government policies. According to National Cancer Institute (NIH) projected that approximately 1,685,210 new cases of cancer will be diagnosed in US. Europe radiotherapy market is growing at significant rate due to increased cases of cancer and adoption of radiotherapy in the cancer treatment.
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Asia Pacific radiotherapy market is growing at higher rate attributed to increased cases of cancer, developing healthcare infrastructure and rise in per capita income.
Some of the key market players in the global radiotherapy market are
• Varian Medical Systems, Inc. (U.S.)
• Ion Beam Applications (IBA) (Belgium)
• Accuray Incorporated (U.S.)
• Nordion, Inc. (Canada)
• Elekta AB (Sweden)
• Isoray Medical, Inc. (U.S.)
• C. R. Bard, Inc. (U.S.)
• ViewRay, Inc. (U.S.)
• RaySearch Laboratories (Sweden)
• Mitsubishi Electric Corporation (Japan)
• iCad Inc (Xoft) (U.S.)
• Mevion Medical Systems, Inc. (U.S.)
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The global radiotherapy market is divided into following categories-
By device type
• External Radiotherapy
• Internal Radiotherapy (Brachytherapy)
• Systemic Radiotherapy
By end-users
• Hospitals
• Diagnostic Centres
• Ambulatory surgical centres
• Radiotherapy Centres
By geographical regions
• North America
• Latin America
• Europe
• The Middle East & Africa
• Asia-Pacific
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