Radiotherapy mostly uses X-rays for the cancer treatment which uses intense beams of energy to kill cancerous cells. Radiotherapy is also known as Radiation Therapy and Irradiation. It plays vital role in killing of cancerous cell as well as it shrink tumor by the use of high-energy radiation from x-rays, gamma rays, neutrons, protons, and other sources. It works by damaging cells by destroying the genetic material that controls cell division and cell growth. Radiotherapy uses radioactive substances that has ability to travels in the blood to tissues throughout the body. Radiotherapy can be referred as local treatment. 

MARKET DYNAMIC- NORTH AMERICA RADIOTHERAPY MARKET

The factors that driving the market growth are growing use of particle therapy for cancer treatment and increasing incidence of cancer related mortality. Hence the radiotherapy market has been seeing tremendous growth from the past few decades. Higher demand for linear accelerators and particle therapy systems will boosts the market growth in upcoming years. Nevertheless, affordability and accessibility of treatment and complex nature of radiotherapy are the major restraining factor that could hamper the growth of the market.

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COVID 19 IMPACT ON NORTH AMERICA RADIOTHERAPY MARKET REPORT

The COVID 19 outbreak had significant impact on the healthcare market. As the rise in COVID 19 cases, for prevention purpose government has announced lockdown in many countries which lead to postponing of radiotherapy procedures which will affect radiotherapy market. Due to closed manufacturing facilities it will disrupted the supply and production chains. The number of emerging patients towards radiotherapy emergency services which is available in almost all centers are reduced. Due to this scenario, COVID 19 negatively impacted the growth of the overall radiotherapy devices market in 2020.

NORTH AMERICA RADIOTHERAPY MARKET SEGMENTAL OVERVIEW

The study analyses North America radiotherapy market based on product, application, procedure, end users and country.

RADIOTHERAPY MARKET BY PRODUCT

By the product used in the radiotherapy market is segmented into external beam radiotherapy, internal beam radiotherapy/brachytherapy and systemic radiotherapy. The external beam radiotherapy is sub-segmented into conventional linear accelerators (LINAC), conventional cobalt-60 teletherapy units, and stereotactic advanced electron and particle therapy systems. The internal beam radiography is sub-segmented into seeds, afterloaders, applicators and IORT Systems. The conventional linear accelerators (LINAC) segment accounted for the largest share of the external beam radiotherapy market in 2020.

RADIOTHERAPY MARKET BY APPLICATION

The radiotherapy market finds has application in the external and internal beam radiotherapy. The external beam radiotherapy is sub-segmented into Prostate Cancer, Breast Cancer, Lung Cancer, Head and Neck Cancer and Colorectal Cancer. The internal beam radiotherapy/brachytherapy applications market is segmented into prostate cancer, gynecological cancer, breast cancer, cervical cancer, penile cancer, and other cancers. The breast cancer segment accounted for the largest market share in 2020 and is likely to witness rapid growth in the coming years. The factors responsible for market growth are growing incidence of breast cancer and increasing volume of diagnostic procedures and treatment for the disease.

RADIOTHERAPY MARKET BY PROCEDURE

Depending on various procedures used in the radiotherapy market are classified into external and internal beam radiotherapy. The external beam radiotherapy is sub-segmented into Image-guided Radiotherapy, Intensity-modulated Radiotherapy, Stereotactic Therapy, Particle Therapy and 3D Conformal Radiotherapy. The image guided radiotherapy (IGRT) segment leads the market in 2020 and is witnessing fastest growth in upcoming years owing to, IGRT involves the use of images taken before and during treatment, which helps in accurately targeting cancerous cells to kill. Due to precise and accurate diagnosis IGRT segment lead the market.

RADIOTHERAPY MARKET BY END USERS

 According to the various end users the radiotherapy market is categorized into Hospitals and independent radiotherapy centers. The hospitals segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period 2021-2027. The growing number of cancer cases in all populations and development of new hospitals with radiotherapy services will fuel the market growth. 

RADIOTHERAPY MARKET BY COUNTRY

Country wise, the study is comprised of the key countries such as the Unites States (US), Mexico and Canada. The US held the largest market share of North America market and is likely to dominate the radiotherapy market over the forecast period 2021-2027. The countries such as US, Mexico and Canada, surge rise in demand for radiotherapy market due to rise in prevalence of cancer in all population.

NORTH AMERICA RADIOTHERAPY MARKET KEY PLAYERS

The major key players of market includes Varian Medical Systems, Inc. (US), Elekta (Sweden), Accuray Incorporated (US), Ion Beam Applications SA (Belgium), BD (US), Eckert Ziegler (Germany), Hitachi Ltd. (Japan), ICAD, Inc. (US), IntraOp Medical, Inc. (US), IsoRay Medical, Inc. (US), Mevion Medical Systems, Inc. (US), Panacea Medical Technologies Pvt. Ltd. (India), P-cure Ltd. (Israel),ViewRay, Inc. (US) and ZEISS Group (Germany).

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