Sales of Radiotherapy Equipment Are Slated To Accelerate At A CAGR Of 7% to Top US$ 10 Bn By 2031

iCrowd Newswire
24 Nov 2021, 14:33 GMT+10

According to Fact MR's recent market research, sales to Linear Accelerators Devices to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Linear Accelerators Devices market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth.

Digital Transformation in Healthcare Presenting Opportunities for Linear Accelerators Devices Market Growth

Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.

Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the Linear Accelerators Devices market.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Linear Accelerators Devices market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Linear Accelerators Devices

The report offers actionable and valuable market insights of Linear Accelerators Devices. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Linear Accelerators Devices Market across various industries and regions.

This newly published and insightful report sheds light on Market Insights of Linear Accelerators Devices, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Linear Accelerators Devices Market.

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Market Taxonomy

By Product Type

Linear Accelerators DevicesProton Therapy DevicesBrachytherapy DevicesOthers

By End User

HospitalsAmbulatory Surgical CentersOncological Treatment Centers

Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)Through technological advancements, radiotherapy devices have become more effective in oncological treatment & diagnosis ofl cancers. Medical professionals and cancer patients, both, are promoting the adoption of radiotherapy devices pertaining to their advantage in lowering hospital stay of patients and controlling the growth of cancerous tumors.This report offers a comprehensive overview on the growth of the global radiotherapy devices market till date, delivering key insights on how the market will expand during the forecast period, 2017-2022.

Scope

The scope of Fact.MR's report is to analyze the global radiotherapy devices market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis.

Medical device manufacturers, research institutes, and raw material suppliers in the global radiotherapy devices market can benefit from the analysis offered in this report.

This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to radiotherapy devices.

Summary

The report commences with a brief information of the global radiotherapy devices market. This executive summary sets the tone for the rest of the report, providing users the scope of the report.

The executive summary includes important facts and statistics on the global radiotherapy devices market.

Overview

The next section offers an overview of the global radiotherapy devices market. This comprises an introduction to the market, along with a standard definition of the product – radiotherapy device.

In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report's succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global radiotherapy devices market, the report provides updates about market opportunities, which can benefit leading manufacturers of radiotherapy devices.

With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for radiotherapy devices manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, safety regulations, pricing analysis, list of distributors, and cost structure are provided in this section.

As radiotherapy continues to gain traction for being the most coveted treatment on wide range of cancers, the global market for radiotherapy devices continues to expand exponentially. In order to analyze the vast scope of global radiotherapy devices market, the report has segmented the market into – product type, end-users and region.

Through this segmentation, the report will also offer a country-wise forecast across all parameters associated with the radiotherapy devices market.

The report's last section comprises of the global radiotherapy devices market competitive landscape, to provide readers with the dashboard view of company analysis and market players.

This competitive intelligence is based on the providers' categories across value chain, and their presence in the global radiotherapy devices market.

Key Projections on the Global Radiotherapy Devices Market:

In 2017, global sales of linear accelerator devices is expected to procure nearly half of global radiotherapy devices market value. The sales of linear accelerators for radiotherapy is expected to gain steadfast traction, procuring an annual growth of more than US$ 280 Mn from 2017 to 2022.

With soaring incidence of cancers across European countries, the healthcare infrastructure in this region is expected to remain lucrative for adoption of effective cancer therapies such as radiotherapy. The demand for radiotherapy devices is expected to gain traction in Europe owing to its advantage over other cancer therapeutic devices in terms of controlling the growth of the malignant tumors. Moreover, cancer patients are likely to remain more inclined towards radiotherapy devices that limit the hospital stay duration. According to the report, Europe will remain the largest market for radiotherapy devices throughout the forecast period.

In North America, changing lifestyles of consumers and penetration of urban cultures is fuelling the incidence of pancreatic cancer. Radiotherapy devices are expected to remain of great use in treatment of pancreatic cancer and borderline resectable cancer. The radiotherapy devices market in North America is expected to witness robust gains throughout the forecast period.

Manufacturers of radiotherapy devices are expected to view the Asia-Pacific excluding Japan (APEJ) region as lucrative for setting up production units. Favorable industrial regulations, low wages and high resource availability is expected to drive the growth of radiotherapy devices market in the APEJ region. The report predicts that the APEJ radiotherapy devices market is expected to grow at the fastest pace, reflecting a stellar CAGR of 11.5% through 2022.

Towards the end of 2022, hospitals will emerge to be the largest end-users of radiotherapy devices. The demand for radiotherapy devices in oncological treatment centers is also anticipated to gain traction, procuring over one-fourth share on global market values throughout the forecast period.

The report has profiled leading manufacturers of radiotherapy devices which are expected to remain active in the expansion of global market, and these include Varian Medical Systems, RaySearch Laboratories AB, Theragenics Corp, Toshiba Medical Systems Corporation, Elekta AB, Accuray, Inc., IsoRay, Inc., GE Healthcare, Vision RT Ltd., C.R. Bard, Inc., Koninklijke Philips N.V., Siemens AG, IBA Ion Beam Applications SA, Eckert & Ziegler Bebig, Mitsubishi Electric Corporation, Shinva Medical Instrument Company Limited, Neusoft Medical Systems Co., Ltd. and AngioDynamics, Inc.

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/77Report Benefits & Key Questions Answered

Linear Accelerators Devices Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.

Linear Accelerators Devices Historical volume analysis: The report provides a comparison of Linear Accelerators Devices's historical sales and projected sales performance for 2021-2031.

Linear Accelerators Devices Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Linear Accelerators Devices market. It carefully gauges the impact of changing healthcare needs of key demographics globally

Linear Accelerators Devices Consumption by demographics: The report investigates consumer behavior affecting Linear Accelerators Devices demand outlook for the assessment period. Effect of their keenness for digital trends on Linear Accelerators Devices market is carefully analyzed

Post COVID consumer spending on Linear Accelerators Devices: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Linear Accelerators Devices market growth.

More Valuable Insights on Linear Accelerators Devices Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Linear Accelerators Devices, Sales and Demand of Linear Accelerators Devices, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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