Radiation Oncology Market
Radiation Oncology Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Radiation Oncology Market Size and Growth
The Radiation Oncology market is witnessing significant growth, driven by technological advancements and increasing cancer prevalence. The global market size is projected to reach approximately $6.84 billion by 2026, reflecting a CAGR of around 7.5%. The demand for advanced treatment options and personalized therapies is shaping current market conditions.
Companies Covered
(Covid 19 Impact Covered)
◍ Accuray
◍ C. R. Bard
◍ Elekta
◍ IBA Worldwide
◍ Varian Medical Systems
◍ Carl Zeiss Meditec
◍ iCAD
◍ IsoRay
◍ Mevion Medical Systems
◍ Nordion
◍ NTP Radioisotopes
◍ Canon Medical Systems
The Radiation Oncology Market features key players like Accuray, Elekta, and Varian Medical Systems, each innovating in technology and treatment solutions. Companies enhance market growth through advanced radiation delivery systems, personalized care, and increased accessibility, contributing to improved patient outcomes and expanded hospital capabilities. Selected revenue figures include:
- Varian Medical Systems: $3 billion (2021)
- Elekta: €1.14 billion (2021)
- Accuray: $220 million (2021)
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Market Segmentation
By Application
◍ Blood Cancer (Leukaemia)
◍ Breast Cancer
◍ Gastrointestinal Cancer
◍ Respiratory/Lung Cancer
◍ Skin Cancer
◍ Other Cancers
By Product
◍ External Beam Radiation Therapy (EBRT)
◍ Brachytherapy
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Market Growth
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$ X Billion USD
