Animals > Animal NewsRadiotherapy Market -Industry News Lou Brock Jersey , Applications and Trends!
Posted by OliveDavid in Animals on June 18th, 2018
Overview:
The science of radiotherapy has changed over time due to sizeable advancements in the field of medical generation. There has been a slow transition from traditional technology towards complicated techniques such as intensity modulated radiotherapy (IMRT), stereotactic body radiation therapy, 4D imaging and proton therapy. These procedures are enhancing the precision and accuracy of radiotherapy.
Radiotherapy generally called radiation therapy is used for cancer sufferers to cure most cancers by means of destroying the most cancers cells and lowering the scale of tumors. X-rays, gamma rays, and charged particles are the commonly used radiations during radiotherapy. According to the National Cancer Institute, approximately 50% of cancer sufferers obtain a few kinds of radiation therapy at some stage in their treatment.
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The worldwide Radiotherapy market was well worth ,450 million in 2016 and predicted to be developing at a CAGR of 6%, to attain ,293 million by way of 2021.
Drivers and Restraints:
Over time, it's been observed that the price of radiotherapy treatment has decreased considerably. The decreased value of the cancer treatment can be attributed to the insurance, and the price considerations from place to place. The average price for radiotherapy per patient was around USD 8,600 for breast cancer, USD 9,000 for lung cancer, and USD 18,000 for prostate most cancers in the United States.
The market is driven by an increase in a wide variety of cancer patients, increase in a geriatric population, a rise in adoption of radiotherapy devices and methods, surge in the range of attention campaigns about the advantages of radiotherapy, and technological improvements in radiotherapy devices. Few different factors which are fuelling this market growth are raising desire for non-surgical methods and growth in demand for replacement, as hospitals are changing older system with newer therapy structures which provide enhanced care.
Market Segmentation:
Based on geography the market is analyzed in numerous areas particularly, North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa. North America is projected to be the main market in 2016, while Asia-Pacific is anticipated to elevate at the best growth rate in the course of the forecast period from 2016 to 2021.
Some of the prominent firms dominating the market include Nordion Inc. (Canada), RaySearch Laboratories AB (Sweden), Ion Beam Applications SA (Belgium), C. R. Bard Inc. (U.S.), Mevion Medical Systems Inc. (U.S.), Varian Medical Systems Inc. (U.S.), IsoRay Medical Inc. (U.S.), Elekta AB (Sweden), Accuray Incorporated (U.S.), and Mitsubishi Electric Corporation (Japan).
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
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