The europe radiotherapy market size was valued at USD 7,198.4 billion in 2021 and is poised to grow at a significant CAGR of 3.82% during the forecast period 2022-28. Radiation therapy is the use of ionizing radiation to treat disease. Radiation therapy is a localized treatment for cancer cells that only impact the afflicted region. Radiation can originate from a machine (external radiation) or a tiny container of radioactive material fixed straight into and near the tumor (internal radiation). Some individuals only require one type of radiation therapy, while others require both types of radiation therapy.

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The increasing number of cancer illness, as well as innovative technologies in radiation for cancer treatment, are the main factors driving the Europe Radiotherapy market demand throughout the projection period. The employment of X-rays and other kinds of radiation technologies in radiotherapy treatment is primarily for the treatment of cancer illness. The demand for radiation has grown in comparison to the previous year, owing to the rising demand for radiotherapy and the rising prevalence of cancer sickness in the region. In particular, with a growing preference for non-surgical cancer treatments, demand for radiation has grown. Furthermore, the high cost of radiation devices and panels is projected to limit radiotherapy utilization and restrict the Europe radiotherapy market's growth in the projected future.

The Europe radiotherapy market is fragmented into product, type, application, distribution channel, and end user. In terms of type, Europe radiotherapy market is fragmented into internal radiation therapy, external-beam radiation therapy, systemic radiotherapy/radiopharmaceuticals and others. Due to the high implementation of external-beam radiation therapy for the treatment of breast cancer, prostate cancer, lung cancer, lymphoma, colorectal cancer, liver cancer, brain cancer, thyroid cancer, spine cancer and cervical cancer, the external-beam radiation therapy segment is expected to dominate the market by 2020. In terms of product, Europe radiotherapy market is categorized into internal radiotherapy products, external beam radiotherapy, radiotherapy software and others. In terms of application, the Europe radiotherapy market is segregated into lung cancer, breast cancer, colorectal cancer, prostate cancer, liver cancer, lymphoma, brain cancer, thyroid cancer, spine cancer, cervical cancer, and others. In terms of end user, the Europe radiotherapy market is divided into radiation therapy centers, hospitals, specialty clinics and others. In terms of distribution channel, the Europe radiotherapy market is categorized into retail sales, direct tender, and others.

With growing use of radiation in lung cancer, breast cancer, colorectal cancer, prostate cancer, liver cancer, lymphoma, brain cancer, thyroid cancer, spine cancer, cervical cancer, and other cancers in the area, Europe is anticipated to expand at the fastest pace from 2020 to 2027.

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The Europe Radiotherapy Market segmentation:

  • By Equipment: Radiation therapy stimulators, Treatment planning systems, Linear Accelerators
  • By Type: External therapy, Intensity modulated therapy, External beam therapy, Image-guided radiation therapy, Stereotactic body radiation therapy, Intraoperative radiation therapy, Electron therapy, Proton Therapy, Tomotherapy, Internal therapy, Brachytherapy, Radioisotope or radionuclide therapy, Radioembolization
  • By Application: Skin and lip cancer, Head and neck cancer, Breast cancer, Prostate cancer, Cervical cancer, Lung cancer, Spine cancer
  • By End User: Hospitals, Oncology centers, R&D centers, Diagnostic centers

There are several industry players working in the europe radiotherapy market, which include Varian Medical Systems Inc., Accuray Incorporated, Ion Beam Applications SA, BD, Eckert & Ziegler, ICAD, Inc., IntraOp Medical, Inc., IsoRay Medical, Inc., Mevion Medical Systems Inc., P-cure Ltd., ViewRay, Inc., and ZEISS Group.

 

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