What is Radiation Oncology Market Scope?
Radiation oncology is a medical specialty which includes the controlled use of radiation to treat cancer either to reduce pain or for treatment and other symptoms caused by cancer. A radiation therapy also known as radiotherapy is the term used to define the actual treatment delivered by the radiation oncology team. Radiation therapy can be applied safely to an extensive range of cancers and may be used alone or in combination with surgery, chemotherapy and other treatments. Furthermore, it is completely non-invasive and accessed through out-patient clinics.
Radiation Oncology Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Incidence of Cancer Worldwide
- Growing Elderly Population across the Globe
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Influencing Trends | - Advancement in Technology of Radiation Oncology
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Restraints | - High Cost Related To Instrument and Therapy
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Road Blocks / Challenges | - Lack of Trained Specialists in Developing Countries
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Gaps & Opportunities | - Increasing Adoption of Non-Invasive Procedures in Emerging Economies
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The Radiation Oncology market study is being classified by Type (External Beam Radiation Therapy, Brachytherapy, Systemic Beam Radiation Therapy and Others), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Radiation Oncology market throughout the predicted period.
Varian Medical Systems (United States), Elekta AB (Sweden), Accuray Incorporated (United States), Ion Beam Applications SA (Belgium), C.R. Bard, Inc. (United States), Isoray Medical, Inc. (United States), Mevion Medical Systems, Inc. (United States), Nordian Inc. (Canada), NTP Radioisotopes (South Africa) and eviCore (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are CIVCO Radiotherapy (United States) and Bionix Radiation Therapy (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Radiation Oncology market by Type, Application and Region.
On the basis of geography, the market of Radiation Oncology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
On April 16, 2019 - Isoray, Inc., a medical technology company and innovator in brachytherapy powering expanding treatment options throughout the body, has announced a new training collaboration with Texas Oncology. The collaboration brings together the innovators in internal radiation therapy (brachytherapy) to develop a program focused on training the next generation of brachytherapists. and On January 28, 2019 - Accuray Asia Limited, a subsidiary of Accuray Incorporated, and CNNC High Energy Equipment (Tianjin) Co., Ltd, a subsidiary of China Isotope and Radiation Corporation, has announced the formation of a joint venture to manufacture and sell radiation oncology systems in China.
Key Target Audience
Radiation Oncology Therapy Providers, Manufacturers of Medical Devices, Suppliers of Raw Materials, Healthcare Industry, Governmental Bodies and Research Firms
Radiation Oncology Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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