Analyst Speak:
“The Radiotherapy Market is anticipated to reach US$ 8,572.4 Mn by 2025, and anticipated to expand at significant CAGR over seven years of forecast period 2019-2025 due to rise in prevalence of certain types of cancers in various countries around the globe”
Precision Business Insights (PBI) in its report titled “Radiotherapy Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
The radiotherapy market size was accounted for US$ XX in 2018 and anticipated to account for US$ 8,572.4 Mn by 2025. Increase in the prevalence of cancers due to change in lifestyle (For instance, according to WHO 2018 data, approximately 9.6 Mn death occurred due to cancer), upsurge in intake of alcohol and tobacco, develop in advanced radiation therapy techniques, and government commencement to raise the awareness about cancer diseases are projected to boost the radiotherapy market over the forecast years. However, high cost for the treatment, dearth of sophisticated healthcare infrastructure in underdeveloped countries, and adverse effects with radiotherapy are hinder the radiotherapy market over the future years.
Radiotherapy market segmented on the basis of radiotherapy type, disease type, technology, end user, and region.

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External Radiotherapy Segment Expected to Dominate the Market
Based on radiotherapy type, the market is segmented into external radiotherapy, internal radiotherapy, and systemic radiotherapy. External radiotherapy expected to dominate the radiotherapy market owing to advantages with the procedure over other radiation therapies and development of newer techniques by the market players. However, a slow grow rate observed in internal radiotherapy owing to severe adverse effects associated with the internal radiation.
North-America, Accounts for Major Revenue Share for Radiotherapy Market
Precision Business Insights (PBI), radiotherapy market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to regional analysis, North America accounted for major revenue share due to increase in prevalence of certain types of cancers in USA and Canada. For instance, according to National Cancer Institute 2018, approximately 1.7 Mn people diagnosed with cancer and 609,640 people will die from the disease. Moreover, favorable reimbursement guidelines, sophisticated healthcare infrastructure, and high awareness about the cancer are propel the market over the forecast years. Europe radiotherapy market growing at prominent growth rate attributed to large patient pool, adoption of innovative treatment procedures, and increase in healthcare expenditure are bolster the market over the forecast years.
Launch of Advanced technologies in Radiotherapy Market
 In February 2017, ViewRay MRIdian Linac System received FDA approval for the first device that combines MRI guidance with linear accelerator radiation
Key player’s profiles in the report are Varian Medical Systems, Inc., Ion Beam Applications, Accuray Incorporated, Nordion, Inc., Elekta AB, Isoray Medical, Inc., C. R. Bard, Inc., ViewRay, Inc., RaySearch Laboratories, Mitsubishi Electric Corporation, iCad Inc (Xoft), and Mevion Medical Systems, Inc.
Detailed Segmentation
By Radiotherapy Type
o External Beam Radiation Therapy
o Internal Radiation Therapy
o Systemic Radiation Therapy
By Disease Type
o Breast Cancer
o Cervical Cancer
o Lung Cancer
o Prostate Cancer
o Skin Cancer
o Spine Cancer
o Others
By Technology
o Image-guided Radiotherapy
o Intensity Modulated Radiotherapy
o Proton Beam Therapy
o Stereotactic Technology
o Brachytherapy
o Others
By End-User Type
o Hospitals and Clinics
o Independent Radiotherapy Centers
o Others
Geography
o North America
• USA
• Canada
o Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
o Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA




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