MarketsandMarkets: Global Radiotherapy Devices Market Worth $5.8 Billion by 2016
DALLAS, June 29, 2012 /PRNewswire/ –
The “Radiotherapy Devices Market By Technology, Applications & Products (2011 -
2016)”, published by MarketsandMarkets (http://www.marketsandmarkets.com), analyzes
and studies the major market drivers, restraints, and opportunities in Americas, Europe,
Asia, and Rest of the World including Japan.
Browse market more than 100 data tables spread through 311 pages and in-depth TOC of
“Radiotherapy Devices Market By Technology, Applications & Products (2011 -2016)”.
Early buyers will receive 10% customization on reports.
This report studies the global radiotherapy devices market over the forecast period
Radiation therapy is one of the advanced treatment and diagnostic procedures to kill
damaged cells using focused energy with an intension to limiting harmful effects to the
neighbouring healthy cells. Radiotherapy is generally applied either alone or along with
the combination of surgery or chemotherapy. The major driving force in the advancements in
radiation oncology over the conventional radiotherapy is the unique therapeutic effect on
genetic materials of damaged cells. Radiotherapy interrupts cell replication and causes
the cell-death eventually.
The global radiotherapy devices market is classified into external radiotherapy,
internal radiotherapy (brachytherapy) and systemic radiotherapy. The radiation therapy
market is expected to grow at a faster rate with a CAGR of 5.3% from 2011 to 2016.
The global radiotherapy market has seen challenging and dynamic market conditions, but
still remains strong, with a size of approximately $4.4 billion in 2011, at an estimated
annual growth rate of 5.3% over the next five years. A large number of technological
innovations in the devices used in such procedures have been seen in the past years, with
newer devices coming up with better safety and efficacy attributes contributing to
widespread adoption of the radiotherapy procedures by physicians worldwide.
The worldwide radiotherapy devices market
is principally commanded by major players, such as Varian Medical System, Accuray,
Inc., Elekta AB, IsoRay Medical, Inc. etc.
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