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| Market size in 2024 | US$ 5.67 billion |
Forecast Market size by 2030 | US$ 8.23 billion |
|---|---|---|---|
| Growth Rate | CAGR of 6.4% | Number of Pages | 120 Pages |
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%. L
inear 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
| Report Attributes | Report Details |
|---|---|
| Report Title | Global External beam Radiation Therapy Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 5.67 billion |
| Forecast Market size by 2030 | US$ 8.23 billion |
| Growth Rate | CAGR of 6.4% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 120 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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