Market Overview:
The global radiation therapy software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cancer, growing demand for advanced radiation therapy treatments, and rising adoption of cloud-based radiation therapy software. Based on type, the global radiation therapy software market can be segmented into cloud-based and on-premise software. The cloud-based segment is expected to grow at a higher CAGR than the on-premise segment during the forecast period from 2018 to 2030. This growth can be attributed to the growing preference for cloud-based solutions among healthcare providers due to their ease of use and lower implementation costs as compared with on-premise solutions. Based on application, the global radiation therapy software market can be divided into hospitals, ambulatory radiotherapy centers, and cancer research institutes.
Product Definition:
Radiation therapy software is a computer program used to plan radiation treatments for cancer patients. The software allows doctors to create 3D images of the patient's tumor and surrounding tissues, then calculate the best dose of radiation to deliver to the tumor while minimizing damage to healthy tissue. Radiation therapy software is an important tool in modern cancer treatment, allowing doctors to tailor each patient's treatment specifically for their individual tumor.
Cloud-Based:
Cloud-based software is a type of software that enables data storage on the cloud. The term “cloud” has become a genericized trademark for all types of remote database servers used to store and manage digital assets. Cloud computing is an umbrella term for sharing and storing information on virtual servers using networking, server, and storage technologies.
On-premise:
On-premise software is a standalone system or a self-contained module that is installed and used on the end users' computers. The software can be installed on any type of computer hardware such as laptops, desktops, servers, etc.
The Radiation Therapy Software (RTS) market size was valued at USD 661.1 million in 2016.
Application Insights:
The market is segmented into hospitals, ambulatory radiotherapy centers, and cancer research institutes. The hospitals segment dominated the overall market in terms of revenue share in 2017. This can be attributed to a large number of factors such as increasing patient admissions for various diseases and rising demand for radiation oncology services due to an increase in diagnosed cases of cancer over the recent past period.
On the other hand, the ambulatory radiotherapy centers are expected to grow at a lucrative rate during the forecast period owing to growing awareness about effective treatment methods among patients with non-metastatic prostate carcinoma and breast carcinoma as well as other types of cancers that do not require hospitalization or admission procedure at an accredited medical facility near one's residence.
Regional Analysis:
North America dominated the global radiation therapy software market in 2017. This can be attributed to the presence of major players, high adoption rate of advanced technologies, and availability of reimbursement coverage for treatment in this region. The U.S., which is a developed economy with high healthcare expenditure and favorable government policies for innovation & development in healthcare IT, has been witnessing rapid growth over the past few years.
Asia Pacific is expected to grow at a lucrative CAGR during the forecast period owing to increasing number of patients suffering from cancer as well as growing awareness about benefits offered by various radiotherapy systems & software coupled with rapidly improving healthcare infrastructure in this region will drive demand over next eight years – 2030 – 2030).
Growth Factors:
- Increasing incidence of cancer: The increasing incidence of cancer is the major growth driver for radiation therapy software market. According to the World Health Organization (WHO), in 2012, there were 14 million new cases of cancer and 8.2 million deaths from cancer worldwide. This number is expected to increase to 21 million new cases and 13 million deaths by 2030. This will create a huge demand for radiation therapy software, which will help in accurate treatment of patients with cancer.
- Technological advancements: The technological advancements in radiation therapy software are another major growth driver for this market. With the help of these advancements, healthcare professionals can now use advanced 3D imaging techniques for treatment planning and delivery that helps reduce side effects caused by radiation therapy and improve patient outcomes..
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiation Therapy Software Market Research Report
By Type
Cloud-Based, On-premise
By Application
Hospitals, Ambulatory Radiotherapy Centers, Cancer Research Institutes
By Companies
RaySearch Laboratories, IBA Group, Elekta, Varian Medical Systems, Brainlab, Prowess, Siemens Healthineers, Mirada Medical, Philips, MIM Software, Lifeline Software, DOSIsoft, Medron Medical Systems, Radyalis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Radiation Therapy Software Market Report Segments:
The global Radiation Therapy Software market is segmented on the basis of:
Types
Cloud-Based, On-premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Radiotherapy Centers, Cancer Research Institutes
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- RaySearch Laboratories
- IBA Group
- Elekta
- Varian Medical Systems
- Brainlab
- Prowess
- Siemens Healthineers
- Mirada Medical
- Philips
- MIM Software
- Lifeline Software
- DOSIsoft
- Medron Medical Systems
- Radyalis
Highlights of The Radiation Therapy Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-Based
- On-premise
- By Application:
- Hospitals
- Ambulatory Radiotherapy Centers
- Cancer Research Institutes
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Radiation Therapy Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Radiation therapy software is a type of software that helps radiation oncologists plan and administer radiation treatments. It can help the oncologist to identify target areas, calculate doses, and monitor patients during treatment.
Some of the key players operating in the radiation therapy software market are RaySearch Laboratories, IBA Group, Elekta, Varian Medical Systems, Brainlab, Prowess, Siemens Healthineers, Mirada Medical, Philips, MIM Software, Lifeline Software, DOSIsoft, Medron Medical Systems, Radyalis.
The radiation therapy software market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Radiation Therapy Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Radiation Therapy Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Radiation Therapy Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Radiation Therapy Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Radiation Therapy Software Market Size & Forecast, 2018-2028
4.5.1 Radiation Therapy Software Market Size and Y-o-Y Growth
4.5.2 Radiation Therapy Software Market Absolute $ Opportunity
Chapter 5 Global Radiation Therapy Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Radiation Therapy Software Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Radiation Therapy Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Radiation Therapy Software Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Radiotherapy Centers
6.2.3 Cancer Research Institutes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radiation Therapy Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Radiation Therapy Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Radiation Therapy Software Analysis and Forecast
9.1 Introduction
9.2 North America Radiation Therapy Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Radiation Therapy Software Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Radiation Therapy Software Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Radiotherapy Centers
9.10.3 Cancer Research Institutes
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Radiation Therapy Software Analysis and Forecast
10.1 Introduction
10.2 Europe Radiation Therapy Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Radiation Therapy Software Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Radiation Therapy Software Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Radiotherapy Centers
10.10.3 Cancer Research Institutes
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Radiation Therapy Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Radiation Therapy Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Radiation Therapy Software Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Radiation Therapy Software Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Radiotherapy Centers
11.10.3 Cancer Research Institutes
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Radiation Therapy Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Radiation Therapy Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Radiation Therapy Software Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Radiation Therapy Software Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Radiotherapy Centers
12.10.3 Cancer Research Institutes
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Radiation Therapy Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Radiation Therapy Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Radiation Therapy Software Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Radiation Therapy Software Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Radiotherapy Centers
13.10.3 Cancer Research Institutes
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Radiation Therapy Software Market: Competitive Dashboard
14.2 Global Radiation Therapy Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RaySearch Laboratories
14.3.2 IBA Group
14.3.3 Elekta
14.3.4 Varian Medical Systems
14.3.5 Brainlab
14.3.6 Prowess
14.3.7 Siemens Healthineers
14.3.8 Mirada Medical
14.3.9 Philips
14.3.10 MIM Software
14.3.11 Lifeline Software
14.3.12 DOSIsoft
14.3.13 Medron Medical Systems
14.3.14 Radyalis
