The Radiotherapy Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Radiotherapy Market?
The radiotherapy market has seen substantial growth in recent years. The market size is projected to rise from $7.38 billion in 2024 to $7.92 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Radiotherapy Industry?
The Radiotherapy Global Market is projected to grow to $10.35 billion in 2029, with a compound annual growth rate (CAGR) of 6.9%.
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What are the Key Growth Drivers Fueling the Radiotherapy Market?
The key drivers in the radiotherapy market are:
• Surging investments in sophisticated healthcare technologies
• Increasing emphasis on minimally invasive treatment procedures
• Rising demand for home-based healthcare solutions
• Increasing focus on quality assurance programs and global health initiatives centered on cancer care
Global Market Segmentation: Identifying Major Radiotherapy Industry Segments
The radiotherapy market covered in this report is segmented –
1) By Therapy Type: External Beam Radiation Therapy, Internal Beam Radiation Therapy, Systemic Radiation Therapy
2) By Application: Prostate Cancer, Breast Cancer, Lung Cancer, Head And Neck Cancer, Colorectal Cancer, Gynecological Cancer, Cervical Cancer, Penile Cancer, Other Applications
3) By End-User: Hospitals And Diagnostic Laboratories, Cancer Treatment And Research Centers, Academic Research Organizations, Ambulatory Surgery Centers, Other End-Users
Subsegments:
1) By External Beam Radiation Therapy: Intensity-Modulated Radiation Therapy (IMRT), Stereotactic Body Radiation Therapy (SBRT), 3D Conformal Radiation Therapy (3D-CRT), Proton Beam Therapy, Image-Guided Radiation Therapy (IGRT), Volumetric Modulated Arc Therapy (VMAT)
2) By Internal Beam Radiation Therapy: Brachytherapy (High-Dose Rate), Brachytherapy (Low-Dose Rate), Intraoperative Radiation Therapy (IORT), Permanent Seed Implants
3) By Systemic Radiation Therapy: Radioisotope Therapy, Targeted Radionuclide Therapy, Radioimmunotherapy, Peptide Receptor Radionuclide Therapy (PRRT)
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What are the emerging Trends Shaping the Future of the Radiotherapy Market?
The key trends in the radiotherapy market are:
• The future of the radiotherapy market will be significantly influenced by the advancements in image-guided radiotherapy.
• Progress in particle therapy is another emerging trend in the radiotherapy market.
• The development of innovative brachytherapy techniques is expected to shape the future of the field.
• Integration of artificial intelligence in treatment planning is becoming a significant trend in the market.
Who Are the Top Competitors & Leading Players in the Radiotherapy Market?
Major players in the radiotherapy market are:
• Hitachi Ltd.
• Koninklijke Philips N.V.
• GE Healthcare Technologies Inc.
• Sumitomo Heavy Industries Ltd.
• Varian Medical Systems Inc.
• Elekta AB
• Accuray Incorporated
• Ion Beam Applications S.A
• Canon Medical Systems Corporation
• RefleXion Medical Inc.
• Mevion Medical Systems Inc.
• Nordion Inc.
• Theragenics Corporation
• RaySearch Laboratories AB
• MIM Software Inc.
• Vision RT Ltd.
• Sun Nuclear Corporation
• Provision Healthcare LLC
• Panacea Medical Technologies Pvt. Ltd.
• Optivus Proton Therapy Inc.
• Perspective Therapeutics Inc.
• GT Medical Technologies Inc.
• ProTom International Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the radiotherapy market in 2024
