Radiotherapy Devices Market Size 2024-2028
The radiotherapy devices market size is forecast to increase by USD 1.59 billion at a CAGR of 5.82% between 2023 and 2028. The market is experiencing notable growth driven by the rising incidence of cancer globally. The World Health Organization projects that the number of new cancer cases will reach 21.7 million by 2030. Radiotherapy is a crucial element of cancer treatment, positioning the market as a promising investment opportunity. Additionally, the growth potential in emerging economies for radiation oncology, where the cancer burden is escalating, is anticipated to further enhance market expansion. However, a significant challenge remains in the form of limited access to radiotherapy in many developing countries. Despite this, the market is benefiting from technological advancements, including intensity-modulated radiation therapy (IMRT) and image-guided radiation therapy (IGRT), which provide improved accuracy and better patient outcomes. These trends and challenges are influencing the future landscape of the market.
What will be the Size of the Radiotherapy Devices Market During the Forecast Period?
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global radiotherapy devices market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global radiotherapy devices market 2018 - 2022 ($ billion)
- 4.2 End-user Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
- 4.3 Product Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
- 6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Hospitals - Market size and forecast 2023-2028
- Exhibit 34: Chart on Hospitals - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Hospitals - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Hospitals - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Hospitals - Year-over-year growth 2023-2028 (%)
- 6.4 Ambulatory surgical centers - Market size and forecast 2023-2028
- Exhibit 38: Chart on Ambulatory surgical centers - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Ambulatory surgical centers - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Ambulatory surgical centers - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Ambulatory surgical centers - Year-over-year growth 2023-2028 (%)
- 6.5 Oncological treatment centers - Market size and forecast 2023-2028
- Exhibit 42: Chart on Oncological treatment centers - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Oncological treatment centers - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Oncological treatment centers - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Oncological treatment centers - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by End-user
- Exhibit 46: Market opportunity by End-user ($ billion)
- Exhibit 47: Data Table on Market opportunity by End-user ($ billion)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 48: Chart on Product - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Product - Market share 2023-2028 (%)
- 7.2 Comparison by Product
- Exhibit 50: Chart on Comparison by Product
- Exhibit 51: Data Table on Comparison by Product
- 7.3 External beam radiation therapy device - Market size and forecast 2023-2028
- Exhibit 52: Chart on External beam radiation therapy device - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on External beam radiation therapy device - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on External beam radiation therapy device - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on External beam radiation therapy device - Year-over-year growth 2023-2028 (%)
- 7.4 Internal beam radiation therapy device - Market size and forecast 2023-2028
- Exhibit 56: Chart on Internal beam radiation therapy device - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Internal beam radiation therapy device - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Internal beam radiation therapy device - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Internal beam radiation therapy device - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Product
- Exhibit 60: Market opportunity by Product ($ billion)
- Exhibit 61: Data Table on Market opportunity by Product ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 Asia - Market size and forecast 2023-2028
- Exhibit 75: Chart on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Asia - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Asia - Year-over-year growth 2023-2028 (%)
- 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- 9.7 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.8 China - Market size and forecast 2023-2028
- Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.9 UK - Market size and forecast 2023-2028
- Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.10 Canada - Market size and forecast 2023-2028
- Exhibit 95: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2023 and 2028
11 Vendor Landscape
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Accuray Inc.
- Exhibit 111: Accuray Inc. - Overview
- Exhibit 112: Accuray Inc. - Product / Service
- Exhibit 113: Accuray Inc. - Key news
- Exhibit 114: Accuray Inc. - Key offerings
- 12.4 Becton Dickinson and Co.
- Exhibit 115: Becton Dickinson and Co. - Overview
- Exhibit 116: Becton Dickinson and Co. - Business segments
- Exhibit 117: Becton Dickinson and Co. - Key news
- Exhibit 118: Becton Dickinson and Co. - Key offerings
- Exhibit 119: Becton Dickinson and Co. - Segment focus
- 12.5 Eckert and Ziegler AG
- Exhibit 120: Eckert and Ziegler AG - Overview
- Exhibit 121: Eckert and Ziegler AG - Business segments
- Exhibit 122: Eckert and Ziegler AG - Key news
- Exhibit 123: Eckert and Ziegler AG - Key offerings
- Exhibit 124: Eckert and Ziegler AG - Segment focus
- 12.6 Elekta AB
- Exhibit 125: Elekta AB - Overview
- Exhibit 126: Elekta AB - Business segments
- Exhibit 127: Elekta AB - Key news
- Exhibit 128: Elekta AB - Key offerings
- Exhibit 129: Elekta AB - Segment focus
- 12.7 GE Healthcare Technologies Inc.
- Exhibit 130: GE Healthcare Technologies Inc. - Overview
- Exhibit 131: GE Healthcare Technologies Inc. - Business segments
- Exhibit 132: GE Healthcare Technologies Inc. - Key offerings
- Exhibit 133: GE Healthcare Technologies Inc. - Segment focus
- 12.8 Hitachi Ltd.
- Exhibit 134: Hitachi Ltd. - Overview
- Exhibit 135: Hitachi Ltd. - Business segments
- Exhibit 136: Hitachi Ltd. - Key news
- Exhibit 137: Hitachi Ltd. - Key offerings
- Exhibit 138: Hitachi Ltd. - Segment focus
- 12.9 iCAD Inc.
- Exhibit 139: iCAD Inc. - Overview
- Exhibit 140: iCAD Inc. - Business segments
- Exhibit 141: iCAD Inc. - Key offerings
- Exhibit 142: iCAD Inc. - Segment focus
- 12.10 Ion Beam Applications SA
- Exhibit 143: Ion Beam Applications SA - Overview
- Exhibit 144: Ion Beam Applications SA - Business segments
- Exhibit 145: Ion Beam Applications SA - Key offerings
- Exhibit 146: Ion Beam Applications SA - Segment focus
- 12.11 IsoRay, Inc.
- Exhibit 147: IsoRay, Inc. - Overview
- Exhibit 148: IsoRay, Inc. - Product / Service
- Exhibit 149: IsoRay, Inc. - Key offerings
- 12.12 Koninklijke Philips N.V.
- Exhibit 150: Koninklijke Philips N.V. - Overview
- Exhibit 151: Koninklijke Philips N.V. - Business segments
- Exhibit 152: Koninklijke Philips N.V. - Key news
- Exhibit 153: Koninklijke Philips N.V. - Key offerings
- Exhibit 154: Koninklijke Philips N.V. - Segment focus
- 12.13 Nasdaq Inc.
- Exhibit 155: Nasdaq Inc. - Overview
- Exhibit 156: Nasdaq Inc. - Product / Service
- Exhibit 157: Nasdaq Inc. - Key offerings
- 12.14 Shinva Medical Instrument Co., Ltd.
- Exhibit 158: Shinva Medical Instrument Co., Ltd. - Overview
- Exhibit 159: Shinva Medical Instrument Co., Ltd. - Product / Service
- Exhibit 160: Shinva Medical Instrument Co., Ltd. - Key offerings
- 12.15 Siemens Healthineers AG
- Exhibit 161: Siemens Healthineers AG - Overview
- Exhibit 162: Siemens Healthineers AG - Business segments
- Exhibit 163: Siemens Healthineers AG - Key news
- Exhibit 164: Siemens Healthineers AG - Key offerings
- Exhibit 165: Siemens Healthineers AG - Segment focus
- 12.16 ViewRay Inc.
- Exhibit 166: ViewRay Inc. - Overview
- Exhibit 167: ViewRay Inc. - Product / Service
- Exhibit 168: ViewRay Inc. - Key offerings
- 12.17 Vision RT Ltd.
- Exhibit 169: Vision RT Ltd. - Overview
- Exhibit 170: Vision RT Ltd. - Product / Service
- Exhibit 171: Vision RT Ltd. - Key offerings
13 Appendix
- 13.2 Inclusions and exclusions checklist
- Exhibit 172: Inclusions checklist
- Exhibit 173: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 174: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 175: Research methodology
- Exhibit 176: Validation techniques employed for market sizing
- Exhibit 177: Information sources
- 13.5 List of abbreviations
- Exhibit 178: List of abbreviations
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