According to the report “Radiotherapy Market“, published by Market Data Forecast, the global market is projected to reach USD 7,293 Million by 2021, at a CAGR of 6% from 2016 to 2021.
Radiation therapy practices high energy radiation on directed cells and cell progression to stop them from growing and distributing. Radiotherapy is centred on the principle of damage of cancerous cells by destructing their DNA inside these cells by radiations.
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Increase in number of elderly population, technological innovations in radiotherapy products, rising conferences driving investments in radiotherapy, growing incidence of cancer incidences and mounting acceptance of radiotherapy devices and procedures will majorly drive the radiotherapy market.
Global Radiotherapy Market segmentation by Type, by Application, By Equipment Type and by Region
3.By Equipment Type:
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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) are the key players in the radiotherapy market.
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