The Worldwide Radiotherapy Market is Projected to reach USD 9.3 Billion by 2028, at a CAGR of 41.5%

Published Date: 31-Jul-2022

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Radiotherapy Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Radiotherapy Market size is expected to reach $9.3 billion by 2028, rising at a market growth of 6.1% CAGR during the forecast period.

The Hospitals & Clinics segment acquired maximum revenue share in the Global Radiotherapy Market by End User in 2021, thereby, achieving a market value of $6.75 billion by 2028. The rapidly rising growth of the segment is attributed to the increasing number of technological advancements in the healthcare infrastructure all over the world. To meet the diverse needs for radiotherapy procedures, hospitals are typically well-equipped with radiotherapy units.

The Internal Radiation Therapy segment is showcasing a CAGR of 6.5% during (2022 - 2028). Brachytherapy is another term for internal radiation therapy using a solid source. In this form of therapy, radiation-containing ribbons, seeds, or capsules are injected into the body and positioned inside or close to the tumor. Brachytherapy, or internal beam radiotherapy, is a local treatment that targets only a certain area of the body, similar to external beam radiation therapy.

The North America market dominated the Global Radiotherapy Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.55 billion by 2028. The Asia Pacific market is exhibiting a CAGR of 6.7% during (2022 - 2028). Additionally, The Europe market would showcase a CAGR of 6% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/radiotherapy-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Becton, Dickinson and Company, Siemens Healthineers AG, Accuray, Incorporated, Elekta AB, Eckert & Ziegler AG, Ion Beam Applications SA, iCAD Inc., Isoray Inc., Mevion Medical Systems, Inc., and Nordion Inc. (Sotera Health LLC).

Global Radiotherapy Market Segmentation

By End User

  • Hospitals & Clinics
  • Others

By Type

  • External Beam Radiation Therapy
  • Internal Radiation Therapy
  • Systemic Radiation Therapy

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Becton, Dickinson and Company
  • Siemens Healthineers AG
  • Accuray, Incorporated
  • Elekta AB
  • Eckert & Ziegler AG
  • Ion Beam Applications SA
  • iCAD Inc.
  • Isoray Inc.
  • Mevion Medical Systems, Inc.
  • Nordion Inc. (Sotera Health LLC)

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
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  • Assured post sales research support with 10% customization free

Related Reports:

North America Radiotherapy Market Size & Opportunities 2022-2028

Europe Radiotherapy Market & Growth Forecast 2022-2028

Asia Pacific Radiotherapy Market Share & Industry Outlook to 2028

LAMEA Radiotherapy Market Growth, Trends & Forecasts 2022-2028

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