Radiotherapy Devices Market: Leading Global Economies in a Close Fight to Retain Market Dominance: Global Industry Analysis & Opportunity Assessment (2017 – 2027)

  • Published: 2017-08-02
  • Report Code: REP-GB-1556

An Incisive, In-depth Analysis on the Radiotherapy Device Market

This study offers a comprehensive, 360 degree analysis on the Radiotherapy Device market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Radiotherapy Device market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

The global radiotherapy devices market is scattered across major geographies and seems to be witnessing relatively good growth across the key regional markets. An increasing expenditure on healthcare and sudden rise in the occurrence of cancer across the globe are the main drivers boosting revenue growth of the radiotherapy devices market at a global level. Further, governments of several countries are allocating a large share of their healthcare budget towards cancer research and bolstering this by implementing several awareness campaigns at a national level. These ancillary drivers are also fuelling revenue growth of the global radiotherapy devices market to a significant extent.

The global market has several opportunities on offer for key players in the form of increasing government support for structured cancer R&D initiatives and a provision for up gradation of existing equipment and treatment capabilities based on technological advancements. The radiotherapy devices market is strictly governed by regulatory approvals that apply to the concerned regional markets such as the U.S. FDA Medical Device Regulatory Approval Process and the European Medicines Agency Regulatory Approval for Medical Devices; making it the most structured and well-scrutinised market for medical devices poised for good growth owing to all the factors listed above.

A US$ 4 Bn market, the global radiotherapy devices market will be distributed almost evenly across the top regional markets

In terms of market share, North America takes the cake in the global radiotherapy devices market, with an estimated 34% market share through the forecast period. Western Europe will occupy the second place, moving from an estimated 29% value share in 2017 to a little over 30% by the end of the forecast period. The Western Europe radiotherapy devices market will witness an increase of 93 basis points in its market share over the 10 year period while North America stands to lose 57 basis points in 2027 over 2017. High income nations especially in Northern-Western Europe are well-served with radiotherapy resources, which could probably explain the relatively high market share of Western Europe as compared to other regions. Countries in some of the developing economies still face shortages of both equipment and critical machinery capable of delivering high precision conformal treatments. Hence, the market share of regional markets such as Latin America and the Middle East & Africa are way low as compared to the share held by the developed economies such as North America and Western Europe.

Global Radiotherapy Devices Market Revenue Forecast by Region

The North America radiotherapy devices market was valued at US$ 1,357.9 Mn in 2016 and is slated to register a CAGR of 9.3% between 2017 and 2027, to move to a market valuation in excess of US$ 3,500 Mn by the end of 2027. Western Europe will follow suit with a projected market valuation in excess of US$ 3,100 Mn by 2027 end, up from an estimated US$ 1,231.3 Mn in 2017. In terms of CAGR, the Western Europe radiotherapy devices market will grow at 9.8% during the forecast period. The APEJ radiotherapy devices market – valued at over US$ 550 Mn in 2016 – will see a sudden peak in revenue growth between the years 2022 and 2027, resulting in an impressive CAGR of 10.0%, the highest among all the regional radiotherapy devices markets.

Regional Market Attractiveness & Absolute Dollar Opportunity Analysis

The North America regional market dominated the global radiotherapy devices market in terms of revenue in 2016, and the trend is projected to continue throughout the forecast period. North America is the most attractive regional market, recording an attractiveness index of 2.4 over the forecast period. Western Europe will be the second most lucrative regional market in the global radiotherapy devices market, exhibiting an attractiveness index of 2.2 during the assessment period.

  • North America is expected to create an absolute $ opportunity of US$ 118.85 Mn in 2018 over 2017

  • Western Europe will create an absolute $ opportunity of US$ 107.57 Mn in 2018 over 2017

  • APEJ is projected to create an absolute $ opportunity of US$ 52.87 Mn in 2018 over 2017

An identification of market dynamics is the crux of our new report

The global radiotherapy devices market is characterised by multiple factors that impact overall market revenue growth to a significant extent. In our new report titled “Radiotherapy Devices Market: Global Industry Analysis & Opportunity Assessment 2017 – 2027,” we present our readers with an in-depth view of the key market dynamics likely to influence the global radiotherapy devices market over a 10 year forecast period from 2017 to 2027. Our report contains a detailed section that explains the market dynamics governing the global market for radiotherapy devices and we have focussed on the macroeconomic indicators, supply side and demand side drivers, market restraints, trends, and future opportunities. This section also throws light on the regulatory approvals pertaining to medical devices across the different regional markets.

The other parts of the report focus on key sections such as global radiotherapy devices market analysis scenario (including a market share snapshot, market value forecast by region, and a global market overview) and the global radiotherapy devices market analysis and forecast for the different market segments – by product type, by end user, and by region. These chapters dive deep into key statistics that we have estimated for the global radiotherapy market such as market share analysis and value forecast, Y-o-Y growth, and market attractiveness analysis. The next set of chapters are exclusively dedicated to forecasting the various segments of the regional radiotherapy devices markets and besides the market estimations, include important information on the regional drivers and restraints and an analysis of their impact on the said regional market; as well as trends likely to rule the specific region during the forecasted period.

Once the regional forecasts have been made, the report manoeuvres into the most critical part of any research study – an analysis of the competition. Our competitive landscape is intended to provide the reader with a comprehensive view of the key player ecosystem, with useful information pertaining to the global radiotherapy devices market leaders. Here we present a dashboard view of the key players operating in this market and have also profiled some of the top companies with business operations across the various regional radiotherapy devices markets.

The last part of our report apprises the reader on the various assumptions and acronyms used throughout the report as well as the detailed research methodology followed to arrive at the market estimations. To help the reader capture the gist of the entire report in a nutshell, we have included a succinct and self-explanatory executive summary right at the beginning followed by an introduction to the global radiotherapy devices market and the market taxonomy. This is for the benefit of those readers pressed for time, to enable them to obtain an aerial view of the various facets of the global radiotherapy devices market.

Market Taxonomy

By Product Type

By End User

By Region

  • External Beam Radiotherapy Devices

    • Linear Accelerators Devices

    • Proton Therapy Devices

  • Internal Beam Radiotherapy Devices

    • Brachytherapy

  • Hospitals

  • Ambulatory Surgical Centres

  • Oncological Treatment Centres

 

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • Asia Pacific Excluding Japan

  • Japan

  • Middle East & Africa

 Research Methodology

To arrive at the market estimations of the global radiotherapy devices market, we have utilised the Future Market Insights tested and proven research methodology comprising market profiling, formulation of a discussion guide and creation of a list of respondents, data collection, validation, and analysis, and delivering of final insights pertaining to the qualitative and quantitative aspects of the global radiotherapy devices market. The above methodology makes it easy for us to leverage in-depth secondary research to ascertain the overall market size, top industry players, and top products; and conduct extensive interviews with key stakeholders in the market to obtain the necessary inputs. Data thus acquired from both primary and secondary research is put through a validation and scrutiny funnel to extract the relevant metrics based on which our analysts derive comprehensive and eye-opening insights into the global radiotherapy devices market performance over the said forecast period.

Radiotherapy Device Market Reports - Table of Contents

Radiotherapy Device Market Reports - List of Tables

Table 01: Global Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Product Type, 2017–2027

Table 02: Global Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By End User, 2017–2027

Table 03: Global Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Region, 2017–2027

Table 04: North America Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Product Type, 2017–2027

Table 05: North America Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By End User, 2017–2027

Table 06: North America Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2017–2027

Table 07: Latin America Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Product Type, 2017–2027

Table 08: Latin America Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By End User, 2017–2027

Table 09: Latin America Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2017–2027

Table 10: Western Europe Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Product Type, 2017–2027

Table 11: Western Europe Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By End User, 2017–2027

Table 12: Western Europe Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2017–2027

Table 13: Eastern Europe Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Product Type, 2017–2027

Table 14: Eastern Europe Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By End User, 2017–2027

Table 15: Eastern Europe Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2017–2027

Table 16: APEJ Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Product Type, 2017–2027

Table 17: APEJ Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By End User, 2017–2027

Table 18: APEJ Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2017–2027

Table 19: Japan Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Product Type, 2017–2027

Table 20: Japan Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By End User, 2017–2027

Table 21: MEA Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Product Type, 2017–2027

Table 22: MEA Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By End User, 2017–2027

Table 23: MEA Radiotherapy Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2017–2027

Radiotherapy Device Market Reports - List of Figures

Figure 01: Global Radiotherapy Devices Market Value Share By, Product Type, 2017

Figure 02: Global Radiotherapy Devices Market Value Share By, End User Type, 2017

Figure 03: Global Radiotherapy Devices Market Value (US$ Mn) by  Region

Figure 04: Global Linear Accelerators Revenue Share By Company, 2016

Figure 05: Global Radiotherapy Devices Market Share By Company, 2016

Figure 06: Global Radiotherapy Devices Market Share Analysis (%) By Product Type, 2017 & 2027

Figure 07: Global Radiotherapy Devices Market Y-o-Y Growth (%) By Product Type, 2017–2027 

Figure 08: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By External Beam Radiation Therapy Devices, 2017–2027

Figure 09: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By Internal Beam Radiation Therapy Devices, 2017–2027

Figure 10: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By Others, 2017–2027

Figure 11: Global Radiotherapy Devices Market Attractiveness Analysis By Product Type, 2017–2027 

Figure 12: Global Radiotherapy Devices Market Share Analysis (%) By End User, 2017 & 2027

Figure 13: Global Radiotherapy Devices Market Y-o-Y Growth (%) By End User, 2017–2027 

Figure 14: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By Hospitals, 2017–2027

Figure 15: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By Ambulatory Surgical Centers, 2017–2027

Figure 16: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By Oncological Treatment Centers, 2017–2027

Figure 17: Global Radiotherapy Devices Market Attractiveness Analysis By End User, 2017–2027 

Figure 18: Global Radiotherapy Devices Market Share Analysis (%) By Region, 2017 & 2027

Figure 19: Global Radiotherapy Devices Market Y-o-Y Growth (%) By Region, 2017–2027 

Figure 20: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By North America, 2017–2027

Figure 21: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By Latin America, 2017–2027

Figure 22: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By Western Europe, 2017–2027

Figure 23: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By Eastern Europe, 2017–2027

Figure 24: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By APEJ, 2017–2027

Figure 25: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By Japan, 2017–2027

Figure 26: Global Radiotherapy Devices Market Absolute $ Opportunity (US$ Mn) By MEA, 2017–2027

Figure 27: Global Radiotherapy Devices Market Attractiveness Analysis By Region, 2017–2027 

Figure 28: North America Radiotherapy Devices Market Share Analysis (%) By Product Type, 2017 & 2027

Figure 29: North America Radiotherapy Devices Market Y-o-Y Growth (%) By Product Type, 2017–2027 

Figure 30: North America Radiotherapy Devices Market Attractiveness Analysis By Product Type, 2017–2027 

Figure 31: North America Radiotherapy Devices Market Attractiveness Analysis By End User, 2017–2027 

Figure 32: North America Radiotherapy Devices Market Attractiveness Analysis By Country, 2017–2027 

Figure 33: Latin America Radiotherapy Devices Market Share Analysis (%) By Product Type, 2017 & 2027

Figure 34: Latin America Radiotherapy Devices Market Y-o-Y Growth (%) By Product Type, 2017–2027 

Figure 35: Latin America Radiotherapy Devices Market Attractiveness Analysis By Product Type, 2017–2027 

Figure 36: Latin America Radiotherapy Devices Market Attractiveness Analysis By End User, 2017–2027 

Figure 37: Latin America Radiotherapy Devices Market Attractiveness Analysis By Country, 2017–2027 

Figure 38: Western Europe Radiotherapy Devices Market Share Analysis (%) By Product Type, 2017 & 2027

Figure 39: Western Europe Radiotherapy Devices Market Y-o-Y Growth (%) By Product Type, 2017–2027 

Figure 40: Western Europe Radiotherapy Devices Market Attractiveness Analysis By Product Type, 2017–2027 

Figure 41: Western Europe Radiotherapy Devices Market Attractiveness Analysis By End User, 2017–2027 

Figure 42: Western Europe Radiotherapy Devices Market Attractiveness Analysis By Country, 2017–2027 

Figure 43: Eastern Europe Radiotherapy Devices Market Share Analysis (%) By Product Type, 2017 & 2027

Figure 44: Eastern Europe Radiotherapy Devices Market Y-o-Y Growth (%) By Product Type, 2017–2027 

Figure 45: Eastern Europe Radiotherapy Devices Market Attractiveness Analysis By Product Type, 2017–2027 

Figure 46: Eastern Europe Radiotherapy Devices Market Attractiveness Analysis By End User, 2017–2027 

Figure 47: Eastern Europe Radiotherapy Devices Market Attractiveness Analysis By Country, 2017–2027 

Figure 48: APEJ Radiotherapy Devices Market Share Analysis (%) By Product Type, 2017 & 2027

Figure 49: APEJ Radiotherapy Devices Market Y-o-Y Growth (%) By Product Type, 2017–2027 

Figure 50: APEJ Radiotherapy Devices Market Attractiveness Analysis By Product Type, 2017–2027 

Figure 51: APEJ Radiotherapy Devices Market Attractiveness Analysis By End User, 2017–2027 

Figure 52: APEJ Radiotherapy Devices Market Attractiveness Analysis By Country, 2017–2027 

Figure 53: Japan Radiotherapy Devices Market Share Analysis (%) By Product Type, 2017 & 2027

Figure 54: Japan Radiotherapy Devices Market Y-o-Y Growth (%) By Product Type, 2017–2027 

Figure 55: Japan Radiotherapy Devices Market Attractiveness Analysis By Product Type, 2017–2027 

Figure 56: Japan Radiotherapy Devices Market Attractiveness Analysis By End User, 2017–2027 

Figure 57: MEA Radiotherapy Devices Market Share Analysis (%) By Product Type, 2017 & 2027

Figure 58: MEA Radiotherapy Devices Market Y-o-Y Growth (%) By Product Type, 2017–2027 

Figure 59: MEA Radiotherapy Devices Market Attractiveness Analysis By Product Type, 2017–2027 

Figure 60: MEA Radiotherapy Devices Market Attractiveness Analysis By End User, 2017–2027 

Figure 61: MEA Radiotherapy Devices Market Attractiveness Analysis By Country, 2017–2027 

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