Radiotherapy Market Trends, Research Report, Growth, Opportunities and Forecast 2023-2029

The global radiotherapy market is estimated to grow at a CAGR of over 6% during the forecast period. Radiation therapy makes use of high-energy rays to kill cancer cells. Radiation therapy can be used as a first-line treatment for cancer when the cancer is in the low grade. Radiation therapy is proven effective for the treatment of cancer and the success rate is also much better as compared with other therapies, which fuels the radiotherapy market growth.

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The radiation therapy is also recommended when cancer cells re-emerge and are not removed completely. Radiation therapy is also used for advanced cancer treatments for monitoring and controlling cancer to prevent and relieve symptoms. Brachytherapy and external beam radiation therapy (EBRT) are the two major therapy types included in the radiotherapy market, that are used for the treatment of cancer.

Brachytherapy is also known as seed implantation or interstitial radiation therapy, is a type of radiation therapy in which small radioactive pellets are placed directly into the body. Brachytherapy is usually recommended for early-stage cancer treatment that develops slowly. For high-risk cancer, brachytherapy with external radiation can be used. Brachytherapy, however, is not suitable sometimes. For instance, for the treatment of men with urinary problems or men with larger prostate glands, cannot be treated with this therapy.

However, it can be done by taking hormone therapy to shrink the prostate. For placing the radioactive pellets, imaging techniques such as the transrectal ultrasound, CT scans, and MRIs are used. Nevertheless,the exact dose of radiation needed is measured using advanced computer programs.

Whereas, in external beam radiation therapy (EBRT), the radiation beams are focused on the targeted area or glands for the treatment of earlier-stage cancer. Based on EBRT techniques it is categorized in different types of therapy such as three-dimensional conformal radiation therapy (3D-CRT), intensity-modulated radiation therapy (IMRT), stereotactic body radiation therapy (SBRT), and proton beam radiation therapy. The 3D-CRT technique makes use of specialized computers to map the location of cancer and then uses radiation beams to target the cancer cells.

IMRT is a more advanced form of the 3D-CRT therapy that uses a computer-driven machine that moves across the patient as it delivers radiation. In addition to shaping the beams and aiming them at the target from several angles, in this therapy, the intensity of the beams can also be adjusted to limit the doses of radiation reaching nearby normal tissues.

Further, SBRT is also known by the names of the machines that deliver the radiation, such as Gamma Knife, X-Knife, CyberKnife, and Clinac. This therapy makes use of the advanced image-guided techniques to make delivery of large doses of radiation to a precise area. The proton beam therapy treatment focuses on beams of protons instead of X-rays on cancer. This means that proton beam radiation is capable to deliver more radiation while doing less damage to nearby normal tissues. However, it may also have some side effects.

Global Radiotherapy Market – Segmentation

By Type

  • External Beam Radiotherapy
  • Internal Beam Radiotherapy

By Application

  • Prostate Cancer
  • Breast Cancer
  • Lung Cancer
  • Colorectal Cancer
  • Cervical Cancer
  • Others

By End-User

  • Hospitals
  • Cancer Research Institutes
  • Ambulatory and Radiotherapy Centers

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Radiotherapy Market– Segment by Region

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

  • Accuray Inc.
  • R. Bard, Inc.
  • Canon Medical Systems Corp.
  • Elekta AB
  • GE Healthcare(A General Electric Company)
  • Hitachi Ltd.
  • Ion Beam Applications SA
  • IsoRay, Inc.
  • Mevion Medical Systems, Inc.
  • Nordion (Canada) Inc.
  • Optivus Proton Therapy, Inc.
  • Panacea Medical Technologies Pvt. Ltd.
  • P-Cure, Ltd.

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