(PharmaNewsWire.Com, June 29, 2017 ) Global Radiotherapy Market is projected to reach USD 7293 million by 2021, at a CAGR of 6% from 2016 to 2021.Radiotherapy uses high-energy rays, usually x-rays and similar rays (such as electrons), to treat disease. Radiotherapy works by destroying cancer cells in the area that’s being treated. Normal cells can also be damaged by radiotherapy, which may cause side effects. Cancer cells cannot repair themselves after radiotherapy, but normal cells usually can.
Patients can be given radiotherapy for different reasons. Doctors can give radiotherapy to try and destroy a tumor and cure the cancer. This is called curative treatment. It may be used with other treatments, such as surgery or chemotherapy. If it’s not possible to cure the cancer, doctors may give radiotherapy to help relieve symptoms you have. This is called palliative treatment. Radiotherapy is sometimes given with chemotherapy. This is called chemo radiation.
The factors influencing the Global Market for Radiotherapy Market, either positively or negatively are presented in the DROC analysis. Some of the things discussed in the section are technological developments in radiotherapy products, increase in number of aged population, growing prevalence of cancer cases all over the globe, rising symposiums powerful investments in radiotherapy, and growing acceptance of radiotherapy devices and processes. Few other factors which are fuelling this market growth are rising preference for non-surgical procedures and increase in demand for replacement as hospitals are replacing older equipment with the newer therapy systems which offers better facilities. Lack of sufficient infrastructure and adequate skills are the major restrain for the growth of radiotherapy market.
For granular level understanding, the Radiotherapy Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
• By Type o External Beam Radiation Therapy Intensity-Modulated Radiation Therapy (IMRT) Image-Guided Radiation Therapy (IGRT) Tomotherapy Stereotactic Radio surgery Stereotactic body Radiation Therapy Proton Therapy o Internal Beam Radiation Therapy o Systemic Radiation Therapy
• By Application o Skin & Lip Cancer o Head & Neck Cancer o Breast Cancer o Prostate Cancer o Cervical Cancer o Lung Cancer o Spine Cancer
• By Equipment Type o Linear Accelerators o Radiation Therapy Simulators o Treatment Planning Systems
Based on geography the market is analysed under various regions namely, North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa. North America is projected to be the leading market in 2016, while Asia-Pacific is anticipated to raise at the highest rate during the forecast period from 2016 to 2021. Growing number of cancer patients in Asia-Pacific region is predicted to drive the radiotherapy market in this region.
Nordion Inc. (Canada), RaySearch Laboratories AB (Sweden), Ion Beam Applications SA (Belgium), C. R. Bard Inc. (U.S.), Mevion Medical Systems Inc. (U.S.), Varian Medical Systems Inc. (U.S.), IsoRay Medical Inc. (U.S.), Elekta AB (Sweden), Accuray Incorporated (U.S.), and Mitsubishi Electric Corporation (Japan) are the key players in the radiotherapy market.
The Radiotherapy Market study offers the following deliverables:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
• Segment-level analysis on basis of producttype, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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