Download Free Sample Report

Global External beam Radiation Therapy Market Research Report 2024(Status and Outlook)

Global External beam Radiation Therapy Market Research Report 2024(Status and Outlook)

  • Published on : 22 October 2024
  • Pages :120
  • Report Code:SMR-8013970

Download Report PDF Instantly

Leave This Empty:

Secure

Report overview

The global External beam Radiation Therapy market size was valued at US$ 5.67 billion in 2024 and is projected to reach US$ 8.23 billion by 2030, at a CAGR of 6.4% during the forecast period 2024-2030.
The United States External beam Radiation Therapy market size was valued at US$ 1.87 billion in 2024 and is projected to reach US$ 2.62 billion by 2030, at a CAGR of 5.8% during the forecast period 2024-2030.
External beam radiation therapy is a cancer treatment method that uses high-energy rays or particles generated by a machine outside the body to target and destroy cancer cells, widely used for various types of cancer.
The global External beam Radiation Therapy market is experiencing robust growth, driven by increasing cancer incidence rates, technological advancements in radiation delivery systems, and growing adoption of hypofractionated treatment regimens. In 2023, total procedures performed reached 7.2 million, with North America and Europe accounting for 60% of global demand. Intensity-modulated radiation therapy (IMRT) remains the largest segment at 35%, followed by image-guided radiation therapy (IGRT) at 30%. Linear accelerators dominate the equipment market with a 75% share. The market saw a 15% increase in demand for stereotactic body radiation therapy (SBRT) systems in 2023, reflecting the trend towards precision targeting and shorter treatment courses. Proton therapy installations grew by 12%, driven by its benefits in treating pediatric cancers and certain adult tumors. The adoption of artificial intelligence in treatment planning and delivery led to a 20% rise in AI-enabled radiation therapy platforms. R&D investments in MRI-guided radiation therapy systems increased by 25% in 2023, focusing on real-time tumor tracking and adaptive treatment. The market faces challenges from alternative cancer treatments, with a 3% shift towards immunotherapy observed in certain cancer types. Advancements in motion management technologies improved treatment accuracy for moving targets by 10% year-over-year.
Report Overview Radiation therapy (also called radiotherapy) is a cancer treatment that uses high doses of radiation to kill cancer cells and shrink tumors. This report provides a deep insight into the global External beam Radiation Therapy market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global External beam Radiation Therapy Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the External beam Radiation Therapy market in any manner. Global External beam Radiation Therapy Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company Elekta AB Varian Medical Systems IBA Radiopharma Solutions Accuray Isoray Mevion Medical Systems Hitachi ViewRay Panacea Medical Technologies Market Segmentation (by Type) Conformal Radiation Therapy Proton Beam Therapy Image Guided Radiation Therapy Market Segmentation (by Application) Hospitals Specialty Clinics Geographic Segmentation North America (USA, Canada, Mexico) Europe (Germany, UK, France, Russia, Italy, Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific) South America (Brazil, Argentina, Columbia, Rest of South America) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA) Key Benefits of This Market Research: Industry drivers, restraints, and opportunities covered in the study Neutral perspective on the market performance Recent industry trends and developments Competitive landscape & strategies of key players Potential & niche segments and regions exhibiting promising growth covered Historical, current, and projected market size, in terms of value In-depth analysis of the External beam Radiation Therapy Market Overview of the regional outlook of the External beam Radiation Therapy Market: Key Reasons to Buy this Report: Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change This enables you to anticipate market changes to remain ahead of your competitors You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly Provision of market value (USD Billion) data for each segment and sub-segment Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions Includes in-depth analysis of the market from various perspectives through Porter