Market Overview:
The global stereotactic radiation therapy linear particle accelerator market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing incidence of cancer, technological advancements in radiation therapy equipment, and rising demand for minimally invasive treatments. Based on type, the global stereotactic radiation therapy linear particle accelerator market is segmented into two categories: with robotized positioning table and independent. The with robotized positioning table segment is expected to account for a larger share of the market in 2018 owing to its advantages such as accuracy and precision in treatment delivery. Based on application, the global stereotactic radiation therapy linear particle accelerator market is segmented into three categories: hospital, clinic, and other. The hospital segment accounted for the largest share of the market in 2017 due to rising demand for minimally invasive treatments and increasing incidence of cancer worldwide.
Product Definition:
A linear particle accelerator (LINAC) is a type of medical device used in radiation therapy to treat cancer. It produces a beam of high-energy X-rays which are directed at the tumor. The LINAC can be used to produce either a single beam or multiple beams which can be aimed at the tumor from different directions. This allows tumors which are located in difficult-to-reach places, such as near the brain or spine, to be treated with precision accuracy.
With Robotized Positioning Table:
With the increasing demand for advanced radiation therapy systems, market players are constantly trying to improve their product portfolio. One such area that has seen considerable growth is robotized positioning tables. These tables help in minimizing human errors and in delivering a more accurate radiation dosage to the target area with higher precision.
The global market size was valued at USD 31 million in 2016.
Independent:
The global market for indpendent and it's usage in stereotactic radiation therapy linear particle accelerator market is expected to grow at a lucrative rate during the forecast period. Increasing incidences of cancer are expected to drive the growth of this industry over the forecast period. Cancer is one of those diseases which cannot be cured completely but can be controlled with proper medication, which has driven its prevalence and demand throughout history.
Application Insights:
Based on application, the global market is segmented into hospital, clinic and other. The hospital segment dominated the market in 2017 owing to increasing demand for stereotactic radiation therapy from various cancer types. According to the data published by ICRU, in 2016, worldwide there were more than 200 different cancer types which resulted in more than 14 million deaths annually. Stereotactic radiation therapy is used for treatment of these cancers as well as other conditions such as brain tumors and gynecological disorders. Thus an increase in number of patients suffering from these diseases will boost product demand over the forecast period.
The clinic application segment is expected to witness lucrative growth during the study period owing to growing awareness about advanced treatments such as stereotactic radiosurgery.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of key players, high adoption rate of advanced technologies, and favorable reimbursement scenario. In addition, increasing research activities by various organizations to improve treatment outcomes is expected to drive regional growth over the forecast period. For instance, in March 2016 ‘2016 International Society for Stereotactic and Functional Imaging (ISSSFII) Conference’ was held in Paris; it focused on recent advances and new frontiers in stereotactic therapy using modern imaging techniques such as 3D-conformal imaging with frame-based algorithms for planning treatments at different depths within a target volume.
Growth Factors:
- Increasing incidence of cancer: The increasing incidence of cancer is the major growth driver for the Stereotactic Radiation Therapy Linear Particle Accelerator market. According to a study by the World Health Organization (WHO), it is estimated that around 14 million new cases of cancer will be diagnosed in 2020, out of which 8 million will die due to this disease. This number is expected to rise in future due to the changing lifestyle and growing population. This will create a high demand for Stereotactic Radiation Therapy Linear Particle Accelerators, thereby driving the market growth.
- Technological advancements: The technological advancements in radiation therapy are another key factor driving the growth of this market. With continuous innovations and developments taking place in this field, newer and more effective treatment options are being introduced which are helping patients recover from various types of cancers faster than ever before. This is resulting in an increase in demand for Stereotactic Radiation Therapy Linear Particle Accelerators, thereby propelling market growth further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stereotactic Radiation Therapy Linear Particle Accelerator Market Research Report
By Type
With Robotized Positioning Table, Independent
By Application
Hospital, Clinic, Other
By Companies
Accuray, Elekta, Panacea Medical Technologies Pvt. Ltd., Varian, Accuray
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Stereotactic Radiation Therapy Linear Particle Accelerator Market Report Segments:
The global Stereotactic Radiation Therapy Linear Particle Accelerator market is segmented on the basis of:
Types
With Robotized Positioning Table, Independent
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
Hospital, Clinic, Other
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:
- Accuray
- Elekta
- Panacea Medical Technologies Pvt. Ltd.
- Varian
- Accuray
Highlights of The Stereotactic Radiation Therapy Linear Particle Accelerator 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:
- With Robotized Positioning Table
- Independent
- By Application:
- Hospital
- Clinic
- Other
- 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 Stereotactic Radiation Therapy Linear Particle Accelerator 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.
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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
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- 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?
A stereotactic radiation therapy linear particle accelerator is a type of radiation therapy machine that uses a series of beams to treat cancer. The machine directs the beams towards the tumor using coordinates that are specific to the patient.
Some of the key players operating in the stereotactic radiation therapy linear particle accelerator market are Accuray, Elekta, Panacea Medical Technologies Pvt. Ltd., Varian, Accuray.
The stereotactic radiation therapy linear particle accelerator market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size & Forecast, 2018-2028
4.5.1 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size and Y-o-Y Growth
4.5.2 Stereotactic Radiation Therapy Linear Particle Accelerator Market Absolute $ Opportunity
Chapter 5 Global Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Type
5.2.1 With Robotized Positioning Table
5.2.2 Independent
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator Analysis and Forecast
9.1 Introduction
9.2 North America Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Type
9.6.1 With Robotized Positioning Table
9.6.2 Independent
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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
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 Stereotactic Radiation Therapy Linear Particle Accelerator Analysis and Forecast
10.1 Introduction
10.2 Europe Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Type
10.6.1 With Robotized Positioning Table
10.6.2 Independent
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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
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 Stereotactic Radiation Therapy Linear Particle Accelerator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Type
11.6.1 With Robotized Positioning Table
11.6.2 Independent
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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
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 Stereotactic Radiation Therapy Linear Particle Accelerator Analysis and Forecast
12.1 Introduction
12.2 Latin America Stereotactic Radiation Therapy Linear Particle Accelerator 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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Type
12.6.1 With Robotized Positioning Table
12.6.2 Independent
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 Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
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) Stereotactic Radiation Therapy Linear Particle Accelerator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stereotactic Radiation Therapy Linear Particle Accelerator 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) Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Type
13.6.1 With Robotized Positioning Table
13.6.2 Independent
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) Stereotactic Radiation Therapy Linear Particle Accelerator Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
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 Stereotactic Radiation Therapy Linear Particle Accelerator Market: Competitive Dashboard
14.2 Global Stereotactic Radiation Therapy Linear Particle Accelerator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accuray
14.3.2 Elekta
14.3.3 Panacea Medical Technologies Pvt. Ltd.
14.3.4 Varian
14.3.5 Accuray
