Global Radiotherapy Industry Analysis, Research, Report Focusing on Opportunities, Top Players, Revenue, Market Driving Factors, & Challenges by 2024

Trending new research report of Global radiotherapy market is predictable to reach USD 9.3 billion by 2024 from USD 5.2 billion in 2016, at a CAGR of 7.5% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Beam radiotherapy market has the largest market segment in radiotherapy market.
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The global radiotherapy market is highly concentrated to a big player and rest to local players who cater to domestic markets only. Varian Medical Systems, Inc. dominated the radiotherapy market accounting for a highest market share in 2016. Other players in this market include Elekta AB, Accuray, Inc., CIVCO Medical Solutions, Brainlab AG, C. R. Bard, Inc., IsoRay Medical, Inc., Nordion, Inc., RaySearch Laboratories AB, PRECISIS AG, Mevion Medical Systems, Inc., Technicas Radiofiscas S.L., Hitachi, Ltd., Sumitomo Heavy Industries, Ltd., Mitsubishi Electric Corporation, ProNova Solutions, LLC, ProTom International.

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Global Radiotherapy Market Drivers: 

Some of the major factors driving theradiotherapy market are rising incidence of cancer, increasing acceptance of adaptive radiation therapy (ART), growing pool of geriatric population and increasing number of cancer treatment facilities. Also,increase in out-patient cancer facilities, increasing demand for better radiotherapy equipments, replacement of out dated products and increasing influx of government and private funding for radiotherapy technology are driving the growth of the radiotherapy market.

GROWING PREVALENCE OF CANCER

In recent years, the prevalence of cancer across the globe has increased considerably over a period of time. The rapidly increasing prevalence of cancer and the subsequent rise in chronic conditions are major factors driving the demand radiotherapy devices.

RISING AGING POPULATION

With increasing age, the patient pool for chronic disease is rising which includes the growth of cancer cases among the older population. Since, cancer incidence is increasing exponentially with advancing age, it is expected to affect the older population which will impact the growth of the older cancer patient pool.

Elekta AB:

Founded in 1972 and headquartered in Stockholm, Sweden by Lars Leksell and Laurent Leksell. Elekta is a provider of human care, which specialises in the treatment of cancers and brain disorders. It provides oncologists, radiation therapists, neurosurgeons, and other medical specialists with the aid of clinical solutions and tools.
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Recent Developments:

1. In December 2016, Elekta, Stockholm's County Council and New Karolinska Solna (NKS) have signed a 13-year collaboration agreement which focuses on innovation, joint research and education and training within advanced radiation therapy.
2. In March 2016, Elekta announced the strategic partnership with Genesis care where, the later will acquire Elekta’s Leksell Gamma Knife Icon radiosurgery systems, Versa HD linear accelerators, brachytherapy systems, software as well as services. These products and solutions will be acquired by Genesis Care cancer treatment centres in Australia, the UK and new markets.

Accuray:

Accuray, Inc. is the premier radiation oncology company which develops, manufactures and sells personalized treatment solutions such as the cyberKnife and tomotherapy systems, which are designed to deliver radiosurgery, stereotactic body radiation therapy, intensity modulated radiation therapy, image-guided radiation therapy and adaptive radiation therapy. The cyberKnife system is designed to combine continual image guidance technology with a compact linear accelerator, or linac, which has the ability to move in three dimensions according to the treatment plan. The tomotherapy system operates on a ring gantry and combines integrated computed tomography, or CT, imaging with intensity modulated radiation therapy, which is designed to deliver radiation treatments with speed and precision while reducing radiation exposure to surrounding healthy tissue. Accuray was founded by John R. Adler in 1990 and is headquartered in Sunnyvale, CA.

Recent Developments:

1. In August 2016, Accuray announced the CE approval of Radixact Treatment Delivery System, Accuray Precision Treatment Planning System and iDMS Data Management System in Europe.
2. In June 2016, Accuray Incorporated announced today it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Radixact Treatment Delivery Platform. Accuray also received 510(k) clearance for its new treatment planning and data management systems, Accuray Precision Treatment Planning System and iDMS Data Management System.

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TABLE OF CONTENTS GLOBAL RADIOTHERAPY MARKET

1. INTRODUCTION
 
1.1. OVERVIEW OF GLOBAL RADIOTHERAPY MARKET
1.1.1. CURRENCY AND PRICING
1.1.2. LIMITATION
1.1.3. MARKETS COVERED
 
2. MARKET SEGMENTATION
 
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS
 
3. MARKET OVERVIEW
 
3.1. DRIVERS
 
3.1.1. GROWING PREVALENCE OF CANCER
3.1.2. RISING AGEING POPULATION
3.1.3. UNHEALTHY LIFESTYLE
3.1.4. MERGERS AND ACQUISITIONS TO EXPAND BUSINESS
 
3.2. RESTRAINTS
 
3.2.1. REGULATORY SCENARIO
3.2.2. HIGH COST OF RADIOTHERAPY
 
3.3. OPPORTUNITIES
 
3.3.1. GROWING MEDICAL TOURISM IN ASIA
3.3.2. EMERGING MARKET
 
3.4. CHALLENGES
 
3.4.1. SIDE-EFFECTS OF RADIOTHERAPY
3.4.2. REQUIREMENT OF TRAINED STAFF
 
4. EXECUTIVE SUMMARY
 
5. PREMIUM INSIGHTS
 
6. GLOBAL RADIOTHERAPY MARKET, BY THERAPY TYPE
 
6.1. OVERVIEW
6.2. BEAM RADIOTHERAPY, BY THERAPY TYPE
6.3. BRACHYTHERAPY, BY THERAPY TYPE
 
7. GLOBAL RADIOTHERAPY MARKET, BY PRODUCT TYPE
 
7.1. OVERVIEW
7.2. GLOBAL EXTERNAL BEAM RADIOTHERAPY MARKET, BY PRODUCT TYPE
7.3. GLOBAL INTERNAL BEAM RADIOTHERAPY MARKET, BY PRODUCT TYPE
7.4. GLOBAL RADIOTHERAPY SOFTWARES MARKET, BY PRODUCT TYPE
 
8. GLOBAL RADIOTHERAPY MARKET, BY INDICATION
 
8.1. OVERVIEW
 
9. GLOBAL RADIOTHERAPY MARKET, BY GEOGRAPHY
 
9.1. OVERVIEW
 
9.2. NORTH AMERICA RADIOTHERAPY MARKET SNAPSHOT: 2016
 
9.2.1. U.S. RADIOTHERAPY MARKET
9.2.2. CANADA RADIOTHERAPY MARKET
9.2.3. MEXICO RADIOTHERAPY MARKET
 
9.3. EUROPE RADIOTHERAPY MARKET
 
9.3.1. GERMANY RADIOTHERAPY MARKET
9.3.2. FRANCE RADIOTHERAPY MARKET
9.3.3. U.K. RADIOTHERAPY MARKET
9.3.4. SWITZERLAND RADIOTHERAPY MARKET
9.3.5. ITALY RADIOTHERAPY MARKET
9.3.6. RUSSIA RADIOTHERAPY MARKET
9.3.7. NETHERLANDS RADIOTHERAPY MARKET
9.3.8. SPAIN RADIOTHERAPY MARKET
9.3.9. BELGIUM RADIOTHERAPY MARKET
9.3.10. TURKEY RADIOTHERAPY MARKET
 
9.4. APAC RADIOTHERAPY MARKET SNAPSHOT: 2016
 
9.4.1. JAPAN RADIOTHERAPY MARKET
9.4.2. CHINA RADIOTHERAPY MARKET
9.4.3. INDIA RADIOTHERAPY MARKET
9.4.4. SOUTH KOREA RADIOTHERAPY MARKET
9.4.5. AUSTRALIA RADIOTHERAPY MARKET
9.4.6. THAILAND RADIOTHERAPY MARKET
9.4.7. MALAYSIA RADIOTHERAPY MARKET
9.4.8. INDONESIA RADIOTHERAPY MARKET
9.4.9. SINGAPORERADIOTHERAPY MARKET
9.4.10. PHILIPPINES RADIOTHERAPY MARKET
 
9.5. SOUTH AMERICA RADIOTHERAPY MARKET SNAPSHOT: 2016
 
9.5.1. BRAZIL RADIOTHERAPY MARKET
 
9.6. MEA RADIOTHERAPY MARKET SNAPSHOT: 2016
 
9.6.1. SAUDI ARABIA RADIOTHERAPY MARKET
 
10. GLOBAL RADIOTHERAPY MARKET, COMPANY SHARE
 
10.1. COMPANY SHARE ANALYSIS: GLOBAL
10.2. COMPANY SHARE ANALYSIS: NORTH AMERICA
10.3. COMPANY SHARE ANALYSIS: EUROPE
10.4. COMPANY SHARE ANALYSIS: ASIA PACIFIC
 
11. COMPANY PROFILES
 
11.1. VARIAN MEDICAL SYSTEMS, INC.
 
11.1.1. COMPANY OVERVIEW
 
11.1.2. SWOT (STRENGTH, WEAKNESS, OPPORTUNITIES AND THREATS)
 
11.1.3. DRIVERS EXPLAINED
 
11.1.3.1. DIVERSE PRODUCT PORTFOLIO:
11.1.3.2. STRONG RESEARCH AND DEVELOPMENT CAPABILITIES:
 
11.1.4. WEAKNESSES EXPLAINED
 
11.1.4.1. DEPENDENCE ON LIMITED NUMBER OF SUPPLIERS:
 
11.1.5. OPPURTUNITIES EXPLAINED
 
11.1.5.1. VARIAN COULD EXPAND ITS POSITION WITH IMAGING COMPONENTS BUSINESS’ SPIN-OFF:
11.1.5.2. ACQUISITIONS LIKELY TO ENHANCE VARIAN’S ONCOLOGY AND IMAGING BUSINESSES:
11.1.5.3. EXPANSION IN OPERATIONS IN THE U.S.:
11.1.5.4. INCREASING INCIDENCE OF CANCER TO DRIVE GLOBAL RADIATION THERAPY EQUIPMENT MARKET:
 
11.1.6. THREATS EXPLAINED
 
11.1.6.1. INTENSE COMPETITION COULD AFFECT VARIAN’S MARKET SHARE AND RESULTS OF OPERATION:
11.1.6.2. INCREASING MEDICAL COSTS IN CANCER TREATMENT AND CARE: 259
 
11.1.7. REVENUE ANALYSIS
 
11.1.8. PRODUCT PORTFOLIO
 
11.1.9. RECENT DEVELOPMENTS
 
11.1.10. DATA BRIDGE ANALYSIS
 
11.2. ELEKTA AB
 
11.2.1. COMPANY OVERVIEW
11.2.2. REVENUE ANALYSIS
11.2.3. PRODUCT PORTFOLIO
11.2.4. RECENT DEVELOPMENTS
11.2.5. DATA BRIDGE ANALYSIS
 
11.3. NANOBIOTIX
 
11.3.1. COMPANY OVERVIEW
11.3.2. REVENUE ANALYSIS
11.3.3. PRODUCT PORTFOLIO
11.3.4. RECENT DEVELOPMENTS
11.3.5. DATA BRIDGE ANALYSIS
 
11.4. ACCURAY, INC.
 
11.4.1. COMPANY OVERVIEW
11.4.2. REVENUE ANALYSIS
11.4.3. PRODUCT PORTFOLIO
11.4.4. RECENT DEVELOPMENTS
 
11.5. BRAINLAB AG
 
11.5.1. COMPANY OVERVIEW
 
11.5.2. SWOT (STRENGTH, WEAKNESS, OPPORTUNITIES AND THREATS)
 
11.5.3. DRIVERS EXPLAINED
 
11.5.3.1. STRONG PARTNER NETWORK:
11.5.3.2. ESTABLISHED PRESENCE IN MARKETS:
 
11.5.4. WEAKNESSES EXPLAINED
 
11.5.4.1. PRODUCT SAFETY CONCERNS:
 
11.5.5. OPPURTUNITIES EXPLAINED
 
11.5.5.1. STRATEGIC INITIATIVES:
 
11.5.6. THREATS EXPLAINED
 
11.5.6.1. RAPID TECHNOLOGICAL CHANGES:
11.5.6.2. STRINGENT GOVERNMENT REGULATIONS:
 
11.5.7. REVENUE ANALYSIS
 
11.5.8. PRODUCT PORTFOLIO
 
11.5.9. RECENT DEVELOPMENTS
 
11.6. ION BEAM APPLICATIONS SA
 
11.6.1. COMPANY OVERVIEW
11.6.2. REVENUE ANALYSIS
11.6.3. PRODUCT PORTFOLIO
11.6.4. RECENT DEVELOPMENTS
 
11.7. MEVION MEDICAL SYSTEMS, INC.
 
11.7.1. COMPANY OVERVIEW
11.7.2. REVENUE ANALYSIS
11.7.3. PRODUCT PORTFOLIO
11.7.4. RECENT DEVELOPMENTS
 
11.8. ISORAY MEDICAL, INC.
 
11.8.1. COMPANY OVERVIEW
11.8.2. REVENUE ANALYSIS
11.8.3. PRODUCT PORTFOLIO
11.8.4. RECENT DEVELOPMENTS
 
11.9. NORDION (CANADA) INC.
 
11.9.1. COMPANY OVERVIEW
 
11.9.2. SWOT (STRENGTH, WEAKNESS, OPPORTUNITIES AND THREATS)
 
11.9.3. DRIVERS EXPLAINED
 
11.9.3.1. ESTABLISHED PRESENCE IN GAMMA IRRADIATION INDUSTRY:
 
11.9.4. WEAKNESSES EXPLAINED
 
11.9.4.1. RADIATION EXPOSURE CLAIMS AND OTHER DISPUTES:
 
11.9.5. OPPURTUNITIES EXPLAINED
 
11.9.5.1. STRATEGIC INITIATIVES:
 
11.9.6. THREATS EXPLAINED
 
11.9.6.1. RAPID TECHNOLOGICAL CHANGES:
11.9.6.2. STRINGENT GOVERNMENT REGULATIONS:
11.9.6.3. STIFF COMPETITION:
 
11.9.7. REVENUE ANALYSIS
 
11.9.8. PRODUCT PORTFOLIO
 
11.9.9. RECENT DEVELOPMENTS
 
11.10. RAYSEARCH LABORATORIES AB
 
11.10.1. COMPANY OVERVIEW
11.10.2. REVENUE ANALYSIS
11.10.3. PRODUCT PORTFOLIO
11.10.4. RECENT DEVELOPMENTS
 
11.11. PRECISIS AG
 
11.11.1. COMPANY OVERVIEW
11.11.2. REVENUE ANALYSIS
11.11.3. PRODUCT PORTFOLIO
11.11.4. RECENT DEVELOPMENTS
 
12. RELATED REPORTS

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