The Global Radiotherapy Market is expected to reach USD 9.3 billion by 2024 from USD 5.2 billion in 2016, at a CAGR of 7.5% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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The major factors driving the growth of this market are rising incidence of cancer, increasing acceptance of adaptive radiation therapy (ART), growing pool of geriatric population and increasing number of cancer treatment facilities. These factors increase the demand for radiotherapy devices. On the other hand, high cost of radiotherapy equipments and lack of skilled professionals may hinder the growth of the market.

The global radiotherapy market is segmented on the basis of type, product type, indication, and geography.

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The global radiotherapy market is segmented into three types, namely beam radiotherapy, brachytherapy and systematic radiotherapy. In 2017, the beam radiotherapy segment is expected to dominate the market with a share around 75.0% and is expected to continue this trend till 2024.

Radiotherapy market is segmented into beam radiotherapy, brachytherapy and systematic radiotherapy. The beam radiotherapy is segmented into IGRT, IMRT, VMAT, tomotherapy, stereotactic technology and 3D conformal technology. The brachytherapy is segmented into LDR and HDR.

On the basis of product type, the market is segmented into external beam radiotherapy, internal radiotherapy products, radiotherapy softwares and systematic radiotherapy. External beam radiotherapy is segmented into LINAC, CyberKnife, proton therapy and Gamma Knife. The proton beam is segmented into cyclotron and synclotron. The internal beam is segmented into seeds and afterloaders. The radiotherapy softwares is segmented into treatment planning softwares, dosage planning softwares, patient positioning softwares and image guiding softwares.

On the basis of indication, the market is segmented into prostate cancer, breast cancer, lung cancer, spine cancer, liver cancer, brain cancer and others.

Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.

Varian Medical Systems, Inc. dominated the radiotherapy market followed by Elekta AB, and Accuray, Inc. along with others CIVCO Medical Solutions, Brainlab AG, C. R. Bard, Inc., IsoRay Medical, Inc., Nordion, Inc., RaySearch Laboratories AB, PRECISIS AG, Mevion Medical Systems, Inc., TechnicasRadiofiscas S.L., Hitachi, Ltd., Sumitomo Heavy Industries, Ltd., Mitsubishi Electric Corporation, ProNova Solutions, LLC, and ProTom International.

Some of the major players operating in this market are
• Elekta AB
• Accuray, Inc.
• CIVCO Medical Solutions
• Brainlab AG
• C. R. Bard, Inc.
• IsoRay Medical, Inc.
• Nordion, Inc.
• RaySearch Laboratories AB
• PRECISIS AG
• Mevion Medical Systems, Inc.
• Technicas Radiofiscas S.L.
• Hitachi, Ltd.
• Sumitomo Heavy Industries, Ltd.
• Mitsubishi Electric Corporation
• ProNova Solutions, LLC
• ProTom International

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