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(Medical-NewsWire.com, December 06, 2018 ) Technological advancements in radiotherapy systems, increasing incidence and prevalence of cancer, rising geriatric population, and growing adoption of radiotherapy devices and procedures are the major factors driving Radiotherapy Market growth.
Browse 117 market data tables and 37 figures spread through 223 pages and in-depth TOC on "Radiotherapy Market".
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On the basis of application, the prostate cancer segment held the largest share in both the internal and external beam radiotherapy markets in 2016, owing to the non-invasive nature of radiotherapy, rising incidence of prostate cancer in the geriatric male population, and high success rates achieved with radiotherapy.
Cancer research institutes utilize radiotherapy devices to develop imaging tools with high quality and accuracy aimed at providing better diagnostic and treatment solutions. The growing awareness about the research applications of radiotherapy devices, development of cost-effective and technologically advanced diagnostic and therapeutic radiotherapy systems are important growth drivers driving the demand for radiotherapy techniques among cancer research institutes.. Furthermore, increasing industry-academia collaborations in the field of research, and increasing investments from government institutes and private bodies are adding opportunities for this segment
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Geographically, the radiotherapy market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest share of the market in 2016, followed by Europe. A number of factors such as technological advancements in radiotherapy equipment, growing number of cancer cases, and rising focus of key players on expanding their presence in North America are driving the growth of the radiotherapy market in this region.
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