TechNavio today launched its report Global Radiation Therapy Equipment Market 2011-2015 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”Image-guided radiation therapy (IGRT) is an advanced radiation therapy procedure that enables clinicians to view the image of tumors to target them more precisely. IGRT has been widely accepted as a significant enhancement in curative radiation therapy for the effective treatment of cancers. The enhanced efficiencies and effectiveness demonstrated by IGRT have resulted in the increasing adoption of IGRT products in hospitals and clinics. As a result, the market is witnessing the rapid adoption of IGRT, and the market for IGRT is expected to grow at a faster rate than the overall Radiation Therapy Equipment market. Moreover, the increasing patient population is expected to boost the growth of this novel technology in the Global Radiation Therapy Equipment market.”
According to the report, one of the key drivers is the increasing prevalence of cancer, which is mainly due to the increase in the aging population, the increase in smoking and alcohol consumption, and unhealthy lifestyles. This is resulting in an increase in the patient base for radiation therapy.
Further, the report discusses that the presence of other therapies for the treatment of cancer poses a potential challenge to the growth of the Global Radiation Therapy Equipment market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-radiation-therapy-equipment-mark…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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