Radiation Oncology Market Overview
Maximize Market Research, a global market intelligence firm has recently released a comprehensive report on the Radiation Oncology Market, forecasting significant growth until 2029. Since 2017, Maximize Market Research has served over 600 clients in more than 34 countries worldwide. The report stands out for its unique database, which is analyzed by industry experts to provide valuable insights.
Radiation Oncology Market was valued at US$ 8.00 Bn. in 2022 and is expected to reach at US$ 16.78 Bn. in 2029. Global Radiation Oncology Market size is expected to grow at a CAGR of 11.16% through the forecast period.
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Radiation Oncology Market Scope
The Radiation Oncology market report offers a detailed analysis of key trends, dynamics, and various factors affecting the industry. It presents essential findings such as market size, segmentation, and competitive analysis. The report provides in-depth insights into the market through regional, demand, and competitor analyses. It also examines key players and new entrants, facilitating the development of a competitive landscape. The research takes into account factors like revenue generation, production capacity, and product differentiation. The segment-wise analysis is conducted to understand industry behavior and geographic shifts. Furthermore, the report incorporates a SWOT analysis to identify strengths, weaknesses, opportunities, and potential threats in the market. Porter's five forces analysis allows for a deeper understanding of the industry, enabling the formulation of strategies to enhance profitability and gain a competitive advantage. PESTLE analysis is employed to assess the impact of external factors on the Radiation Oncology market, providing a comprehensive overview.
Segmentation
by Product & Services & Service
1. Software
1.1. Patient Information Systems
1.2. Radiology Information systems
1.3. Oncology Electronic Medical Record (EHR)
2. Laboratory Information Systems
2.1 Chemotherapy Information System
2.2 Treatment Planning Systems
2.3 Clinical Decision Support Systems
3. Radiotherapy Treatment Planning Systems
4. Brachytherapy Treatment Planning Systems
5. External Beam Radiation Therapy
5.1. Linear Accelerators (Linac)
5.2. Compact Advanced Radiotherapy Systems
5.3. Cyberknife
5.4. Gamma Knife
5.5. Tomotherapy
Based on the product, The large market share of this industry sector is primarily explained by the growing need to reduce the costs of oncology care, which are continuing to rise, and to enhance the effectiveness of oncology care services by lowering medical errors. Any cancer information system must have software since it serves as the interface between the database and the end user.
The Radiation Oncology Market is expanding with the help of the External Beam Radiation Therapy sector. The External Beam Radiation Therapy (EBRT) segment dominated the market for radiation oncology and accounted for the largest revenue share in 2022 because of the equipment's relatively higher cost and substantial installed base.
by End-User
1. Hospitals & Diagnostic Imaging Centers
2. Ablation Care Centers and Cancer Care Centers
3. Government Institutions
4. Research Facilities
The Hospitals & Diagnostic Imaging Centres segment dominates the market in terms of end users. Increasing government initiatives aimed at providing (or upgrading) hospitals with newer and more sophisticated systems are some of the factors contributing to the growth of this market. Others include the large amount of data generated during the diagnosis and treatment of cancer and the significant number of patient submissions and visits each year worldwide. The Hospitals & Diagnostic Imaging Centres sector drove the expansion of the Global Radiation Oncology Market because of the large number of hospitals, medical centres, and research institutions that offer patients access to radiotherapy.
Key Players
Primary and secondary research is used to identify market leaders, and primary and secondary research is used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports.
Radiation Oncology Market, Key Players are
1. Varian Medical Systems, Inc.
2. Elekta AB
3. Accuray Incorporated
4. Ion Beam Applications (IBA)
5. C.R. BARD, INC. (BD)
6. Isoray Medical
7. Mevion Medical Systems, Inc.
8. Nordion Inc.
9. NTP Radioisotopes SOC Ltd.
10. Curium Pharma
11. Provision Healthcare
12. BD
13. Nordion (Canada) Inc.
14. Panacea Medical Technologies Pvt. Ltd
15. Koninklijke Philips N.V. (Netherlands),
16. McKesson Corporation (US),
17. Siemens Healthineers
18. Epic Systems Corporation
19. IBM
20. Cerner Corporation
21. Advanced Data Systems
22. Bogardus Medical Systems, Inc
23. F. Hoffmann-La Roche AG
24. Altai Oncology, LLC.
25. GE Healthcare
26. OPTUM (a part of UnitedHealth Group)
27. Allscripts Healthcare Solutions, Inc.
28. MICA Information Systems, Inc.
29. CureMD Healthcare
30. EndoSoft LLC
31. MIM Software Inc.
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The table of content for the Radiation Oncology Market includes the:
1. Global Radiation Oncology Market: Research Methodology
2. Global Radiation Oncology Market: Executive Summary
2.1. Market Overview and Definitions
2.1.1. Introduction to Global Radiation Oncology Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Radiation Oncology Market: Competitive Analysis
3.1. MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2. Consolidation in the Market
3.2.1 M&A by region
3.3. Key Developments by Companies
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunities
3.7. Market Challenges
3.8. Market Dynamics
3.9. PORTERS Five Forces Analysis
3.10. PESTLE
3.11. Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12. COVID-19 Impact
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Regional Analysis
The market study segments regions to analyze the primary target market and evaluate growth strategies employed by key competitors in specific regions. It identifies regional market trends, limitations, development areas, and new opportunities. The report aids in planning and implementing suitable strategies tailored to specific countries and regions within the market.
Key Questions answered in the Radiation Oncology Market Report are:
- What is the definition of the Radiation Oncology Market?
- What is the forecast period for the Radiation Oncology Market?
- What is the competitive landscape of the Radiation Oncology market?
- Which region holds the largest market share in the Radiation Oncology Market?
- What are the opportunities for the Radiation Oncology Market?
- What factors are influencing the growth of the Radiation Oncology market?
- Who are the key players in the Radiation Oncology market?
- Which company holds the largest share in the Radiation Oncology market?
- What will be the CAGR of the Radiation Oncology market during the forecast period?
- What key trends are expected to emerge in the Radiation Oncology market in the coming years?
Key offerings:
- Market Share, Size, and Revenue Forecast|2022-2029
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Market Segmentation: Detailed analysis by Radiation Oncology
- Landscape: Leading key players and other prominent participants
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company comprising professionals from various industries. Our coverage spans medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. We provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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