What Strategies Key Players Follows That Drives Revenue In Radiotherapy Market 2019

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Technological advancements in radiotherapy and the rising incidence of cancer are the major factors driving the growth of this market. Additionally, the growing adoption of radiotherapy procedures for cancer treatment, increasing use of particle therapy for cancer treatment, and the rising number of conferences and symposia focusing on the advancements in radiotherapy are some of the other major factors driving the growth of this market.

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The prostate cancer segment is expected to account for the second-largest share of the external beam Radiotherapy Market, by application, in 2018

Based on application, the external beam Radiotherapy Market is segmented into prostate cancer, breast cancer, lung cancer, head & neck cancer, colorectal cancer, and other cancers. The prostate cancer segment is expected to account for the second-largest share of the Radiotherapy Market in 2018. The growing incidence of prostate cancer and the high success rates and minimal long-term risks achieved with external beam radiotherapy are the major factors driving the growth of this market segment.

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Particle beam therapy to register the highest CAGR in the external beam Radiotherapy Market during the forecast period

Based on type, the external beam Radiotherapy Market is classified into IGRT, IMRT, stereotactic therapy, particle beam therapy, and 3D-CRT. The IMRT segment is further classified into VMAT and TomoTherapy. The particle beam therapy segment is expected to witness the highest CAGR during the forecast period. Advancements in the field of particle beam therapy (such as PBS) and increasing research activities in the field of radiation oncology using proton therapy systems are the key factors driving the growth of this segment.

North America to dominate the Radiotherapy Market during the forecast period

The Radiotherapy Market is segmented into four regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World. The North American region is expected to account for the largest share of the Radiotherapy Market in 2018. The rising incidence of cancer, easy accessibility and high adoption of advanced diagnostic technologies (owing to the significant per capita annual healthcare expenditure in the US and Canada), and favorable government initiatives that are creating awareness and promoting the adoption of radiotherapy among key end users are some of the major factors driving the growth of the Radiotherapy Market in North America.

Beitrag von auf 8. Mai 2019. Abgelegt unter Gesundheit, Vermischtes. Nachricht folgen durch RSS 2.0. Nachricht hinterlassen oder Trackback

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