LINAC Devices Market Analysis: Major Players, Lucrative Segments And Top Geographies
24 Jul, 2023
The global LINAC devices market size is expected to grow from $4.37 billion in 2022 to $4.79 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global LINAC devices market size is expected to reach $6.61 billion in 2027 at a CAGR of 8.4%.
Global LINAC Devices Market Key Driver
Rising cancer cases are projected to boost the LINAC device market ahead. Cancer is a condition in which cells proliferate uncontrollably and aberrant cells spread throughout the body. To treat various cancers, linear accelerators are used in radiation treatment to provide external beam radiation (high-energy X-rays) at the cancer location.
Get a sample of the global LINAC devices market reportGlobal LINAC Devices Market Segments
The global LINAC devices market is segmented:
1) By Product: High Energy, Low Energy, Medium Energy
2) By Method: Dedicated Linear Accelerator, Non-Dedicated Linear Accelerator
3) By Application: Breast Cancer, Colorectal Cancer, Head And Neck Cancer, Lung Cancer, Prostate Cancer, Other Applications
4) By End User: Clinics, Hospitals, Research Centers
5) By Geography: The regions covered in the LINAC devices market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global LINAC devices market.
Major LINAC Devices Industry Players
Accuracy Inc., Elekta AB, GE Healthcare Technologies Inc., Hitachi Ltd., Huiheng Medical Inc., Koninklijke Philips N.V., Mitsubishi Heavy Industries Ltd., Top Grade Healthcare Group, Varian Medical Systems Inc., Siemens Healthineers GmbH, Shinva Medical Instrument Co. Ltd., Altair Technologies Inc., BEVATECH GmbH, CGN Dasheng Electron Accelerator Technology Company Limited, Diondo GmbH, IBA SA, Brainlab AG
Get the full global LINAC devices market reportLINAC Devices Market Overview
LINAC stands for linear accelerator, which refers to a device used to accelerate charged particles, such as electrons or protons, in a straight line. LINACs are used in medical settings to produce high-energy electron or X-ray beams for radiation therapy to treat cancer.
LINAC Devices Global Market Report 2023 provides data on the global LINAC devices market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The LINAC devices market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.