Global Radiation Therapy Equipment Market Overview:
Radiation therapy equipment is used in radiation therapy to treat cancer. Radiation therapy is used to treat at least 50% of all cancer cases. It can be either curative or palliative, depending on the stage and prognosis of the disease. Increasing cancer disease that has led to significant growth of the Radiation therapy equipment market.
- Increasing Number of Cancer Patients
- Huge Government and Non-Government Investments in R&D of Cancer Treatment
- Growing Use of Particle Therapy for Cancer Treatment
- Rising Adoption of Pencil-Beam Scanning
- Lack of Adequate Healthcare Infrastructure in Various Countries
- Increasing Number of Conferences and Symposia Focusing on Spreading Awareness About the Benefits of Radiotherapy
- Difficulties in Visualizing Tumors During Radiotherapy Procedures
Some of the key players profiled in the report are Elekta (Sweden), GE Healthcare (United States), Siemens AG (Germany), C.R.Bard, Inc. (United States), Hitachi America (United States), Koninklijke Philips N.V. (Netherlands), Canon Medical Systems Corporation (Japan), Nordion Inc. (Canada), Varian Medical Systems, Inc. (United States) and Accuray Incorporated ((United States). The Players having a strong hold in the market are Elekta, GE Healthcare, Siemens AG, and C.R.Bard, Inc.. Additionally, following companies can also be profiled that are part of our coverage like Ion Beam Applications SA (Belgium), ViewRay, Inc. (United States), Panacea Medical Technologies Pvt. Ltd. (India) and Sumitomo Heavy Industries, Ltd. (Japan). Analyst at AdvanceMarketAnalytics see United States and European Players to retain maximum share of Global Radiation Therapy Equipment market by 2024. Considering Market by Product, the sub-segment i.e. LINAC will boost the Radiation Therapy Equipment market. Considering Market by End User, the sub-segment i.e. Hospitals will boost the Radiation Therapy Equipment market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Radiation Therapy Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Radiation Therapy Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Radiation Therapy Equipment Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.