The Worldwide Radiotherapy Market Segmentation is done on the basis of the treatment type and by application. On the basis of treatment type includes X-Ray, Gamma ray, External Beam radiotherapy, proton therapy, internal radiation therapy. The external beam radiotherapy segment is further sub-segmented into the treatment types which are 3D conformal radiation therapy, intensity modulated radiation therapy (IMRT), image guided radiation therapy (IGRT), Tomotherapy, Stereotactic radio surgery, and stereotactic body radiation therapy. On the basis of the application the segment are prostate cancer, breast cancer and lung cancer, ovarian cancer and thyroid.
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Radiotherapy Market Regional Analysis:
The Radiotherapy Market is segmented into four main geographic regions Americas, Europe, Asia-Pacific, and Middle East and Africa. America holds the larger market in the radiotherapy the market increasing due to the increasing advancement in the technology. Europe is another dominating region for the use of the radiotherapy. Asia-pacific region is growing at a rapid pace because of the increasing number of patients in the region. The number is increasing due to the more consumptions of tobacco is seen in this region. Middle East and Africa is slow growing segment because of the lack of awareness of the chronic diseases and the treatment facilities are also limited in this region.
Radiotherapy Market Competitive Analysis:
Isoray, company also has a new technique which into phase 3 of the clinical trials which will treat prostate cancer. The technique for the treatment is known as brachytherapy alone.
Varian, company has recently presented a new radiosurgery techniques for the optimal targeting of the multiple metastases. The metastases targeted are in the brain, spine, head & neck, and lung at the International Stereotactic Radiosurgery Society (ISRS) meeting in Montreux, Switzerland. Company has also announced that it has been selected through its distributor, Business Alignment, to supply and install a Varian ProBeam Compact single-room proton therapy system in the oncology center at King Chulalongkorn Memorial Hospital in Bangkok, Thailand. First patient treatments are expected to start in the second half of 2019.
Philips Healthcare, is a global leader in health technology, has announced the launch of IntelliSpace Oncology, a new cloud-based oncology decision-support solution that offers seamless data integration across specialties and locations, data-driven decision making, and tools for proactive patient involvement. Recently company has opened its first innovation center in Russia. The center is Located at the Skolkovo Innovation Center in Moscow. The center will have a team of scientists developing the next generation of health technologies based on computer and data science, and artificial intelligence in healthcare.
Global Radiotherapy Market Players:
Some of the players are involved in manufacturing of the Radiotherapy those are, GE Healthcare(UK), Siemens (Germany), Varian(India), Cardinal Health(US), Nordion(CA), Isoray(US), View ray (US), Fuji Holdings(Japan), Philips Healthcare (US), Shimadzu Corporation (Japan), Hologic (US).
View Ray, recently announced that the company has showcased its next generation MRI-guided radiation therapy solution, MRIdian Linac, at ESTRO 36, the annual meeting of the European Society for Radiotherapy and Oncology, which was held on May 5-9, 2017 in Vienna, Austria.
Study objectives:
To deliver detail study of the market structure along with projected future growth forecast for the next 7years about various segments and sub-segments of the global radiotherapy market.
To deliver understandings about factors affecting the market growth.
To study the global radiotherapy market based on various factors – price analysis, supply chain analysis, porters five force analysis etc.
To deliver past and evaluated future revenue of the market’s segments and sub-segments with respect to four main geographies and their countries – Americas, Europe, Asia-Pacific along with Middle East & Africa.
To deliver country level analysis of the market with respect to the current market size and future growth prospect.
To deliver country level analysis of the market’s segments which includes by treatment type and by applications.
To deliver synopsis of key players and their strategic profiling in the market, systematically examining their core competencies and drawing a competitive landscape of the market.
To track and analyze developments which are competitive in nature such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments currently taking place in the global radiotherapy market.
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