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(Medical-NewsWire.com, July 26, 2017 ) North America Radiotherapy Market is projected to reach USD 2,355 Million by 2021, at a CAGR of 5.54% from 2016 to 2021.North America is the utmost vibrant, extremely competitive and the leading market for radiotherapy devices globally. The market growth is considerably higher in North America since it is continuously inclined to the usage of novel technologies.
Radiation therapy practices high energy radiation on directed cells and cell progression to stop them from growing and distributing. Radiations are mainly from an external machine or from implants i.e. internal machine which is placed near the tumours. This technique is widely used for the treatment of cancerous tumour, benign tumours and other conditions like thyroid disease and some blood disorders.
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The North American Radiotherapy Market is driven by quickly altering cancer treatment technology and increasing number of cancer patients. Growth is also driven by technological advancements in biological and molecular imaging techniques that permit radiotherapy to be progressively personalized for patient needs. Emerging healthy reimbursement plans and untapped market in few areas are also few factors fuelling the growth of radiotherapy market. Major factors inhibiting the growth of the market are healthcare expenditure and alternative treatment procedures.
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Segmentation:
By Type:
External Beam Radiation Therapy
a) Intensity-Modulated Radiation Therapy (IMRT)
b) Image-Guided Radiation Therapy (IGRT)
c) Tomotherapy
d) Stereotactic Radiosurgery
e) Stereotactic Body Radiation Therapy
f) Proton Therapy
Internal Beam Radiation Therapy
Systemic Radiation Therapy
By Application:
Skin & Lip Cancer
Head & Neck Cancer
Breast Cancer
Prostate Cancer
Cervical Cancer
Lung Cancer
Spine Cancer
By Equipment Type:
Linear Accelerators
Radiation Therapy Simulators
Treatment Planning Systems
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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The Radiotherapy market study offers the following deliverables:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Source: EmailWire.Com 
Source: EmailWire.com
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