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Global Radiation Therapy Equipment Markets to 2023 - Advances in Technology to Drive Growth (7% CAGR) - ResearchAndMarkets.com

January 28, 2019

DUBLIN--(BUSINESS WIRE)--Jan 28, 2019--The “Global Radiation Therapy Equipment Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The radiation therapy equipment market will register a CAGR of almost 7% by 2023.

Advances in technology to drive market growth

Technology plays an important role in the development of medical devices. It aids in enhancing the precision rate of devices. which results in providing higher success rate and increases the usability of the devices. Vendors are developing innovative and superior technologies and equipment to overcome the shortcomings of the old systems. They are introducing new radiation therapy equipment as well as launching upgraded products that aid in providing better operability and results.

Increase in product launches

Product launches help companies in expanding their product range, penetrating different regions, and strengthening their market presence. Market competition results in the launch of improved products. The rise in the number of product launches is one of the main factors driving the growth of the global radiation therapy equipment market.

Presence of substitutes

Radiation therapy equipment has several substitutes such as surgery, chemotherapy, immunotherapy, targeted therapy, hormone therapy, stem cell transplant, and precision medicine that can be used for cancer treatment. These substitutes have many advantages compared with radiation therapy equipment.

Key Players

Accuray BD Elekta IBA Varian Medical Systems

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

Comparison by product External - Market size and forecast 2018-2023 Internal - Market size and forecast 2018-2023 Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

Advances in technology Growing focus on enhancing professional skills Increase in innovative business strategies

PART 11: VENDOR LANDSCAPE

PART 12: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Accuray BD Elekta IBA Varian Medical Systems

For more information about this report visit https://www.researchandmarkets.com/research/3wq7n2/global_radiation?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190128005515/en/

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Related Topics:Oncology Drugs ,Radiography

KEYWORD:

INDUSTRY KEYWORD: HEALTH RADIOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/28/2019 11:44 AM/DISC: 01/28/2019 11:44 AM

http://www.businesswire.com/news/home/20190128005515/en

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