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Radiotherapy Market Industry Size, Growth, Demand, Opportunities and Forecast By 2029

Submitted by sharma4321 on Wed, 05/31/2023 - 22:08

For an effectual business growth, companies must adopt market research report service which has become quite vital in this rapidly changing marketplace. This Radiotherapy Market research report is generated with a nice blend of industry insight, talent solutions, practical solutions and use of technology to advance user experience. The report puts light on many aspects related to Radiotherapy industry and market. Market definition, market segmentation, competitive analysis and research methodology are the major topics covered in this report. It gives details about market drivers and market restraints which can help businesses in guessing about reducing or increasing the production of particular product.
Under market segmentation section Radiotherapy report, research and analysis is done based on application, vertical, deployment model, end user, and geography. Competitive analysis studied in this market report assists to get ideas about the strategies of key players in the market. Some of these strategies are new product launches, expansions, agreements, partnerships, joint ventures, acquisitions, and others that help to amplify their footprints in the market. The market share of major competitors on global level is studied where key areas such as Europe, North America, Asia Pacific and South America are covered in this Radiotherapy research report.

Europe radiotherapy market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.1% in the forecast period of 2022 to 2029 and is expected to reach USD 3,921.03 million by 2029 from USD 2,472.64 million in 2021. The growing prevalence of cancer disease, novel technology in radiotherapy for cancer treatment are the major drivers which propelled the demand of the market in the forecast period.

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Market Overview:
Radiotherapy treatment is mainly used for the treatment of cancer disease with the usage of X-rays along with similar forms of radiation technology. In radiotherapy treatment, high-energy based radiation rays are used to damage cells causing cancer and stop them from growing and dividing. Radiotherapy treatment has numerous types of benefits to aim accurately and directly locate cancer wherever it might be in the body. The radiotherapy procedure has seen advancements in terms of launching new treatment planning software and advanced features-based therapy modalities, which require highly skilled and certified professionals to easily operate these products and software.

The major players covered in the report are CANON MEDICAL SYSTEMS CORPORATION, Mirada Medical Limited, Mevion Medical Systems, VIEWRAY TECHNOLOGIES, INC. ("VIEWRAY"), Elekta AB (pub), Accuray Incorporated, IBA Worldwide, Eckert & Zeigler BEBIG, Xoft, a subsidiary of iCAD, Inc., RaySearch Laboratories, Brainlab, Advanced Oncotherapy, Hitachi, LTD., Sumitomo Heavy Industries, Ltd., Siemens Healthcare GmbH, Koninklijke Philips N.V., Ariane Medical Systems Ltd, ZEISS International, General Electric Company, SIT-S.I.T. Sordina IORT Technologies S.p.A., CIVCO Radiotherapy, among other domestic and Europe players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Europe Radiotherapy Market Scope and Market Size
Europe radiotherapy market is segmented into five notable segments which are based on type, product, application, end user, and distribution channel.

On the basis of type, Europe radiotherapy market is segmented into external-beam radiation therapy, internal radiation therapy, systemic radiotherapy/radiopharmaceuticals, and others. In 2022, the external-beam radiation therapy segment is expected to dominate the market as external-beam radiation therapy is one of the most preferred radiation therapy types used for cancer treatment as it aims for high-energy rays from outside the body into the tumor.
On the basis of product, the Europe radiotherapy market is segmented into external beam radiotherapy, internal radiotherapy products, radiotherapy software, systemic radiotherapy, and others. In 2022, the external beam radiotherapy segment is expected to dominate the market as radiation oncologists are increasingly using external beam radiotherapy more than internal radiation therapy because external beam radiotherapy can be performed as non-invasive therapy or from outside the body with more specific results.
On the basis of application, the Europe radiotherapy market is segmented into breast cancer, lung cancer, prostate cancer, colorectal cancer, lymphoma, liver cancer, thyroid cancer, brain cancer, cervical cancer, spine cancer, and others. In 2022, the breast cancer segment is expected to dominate the market due to the increasing prevalence of breast cancer, as breast cancer is the most common type of cancer in women worldwide.

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Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix

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