Market Overview:
The global teletherapy machines 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, technological advancements in teletherapy machines, and rising demand for minimally invasive surgeries. Based on type, the global teletherapy machines market is segmented into intensity-modulated radiation therapy (IMRT), image-guided radiotherapy (IGRT), stereotactic technology, and proton beam therapy. IGRT is expected to be the fastest growing segment during the forecast period owing to its ability to provide high precision and accuracy in treatment delivery. Based on application, the global teletherapy machines market is segmented into prostate cancer, breast cancer, lung cancer, head & neck cancer colorectal cancer,, and other applications. Prostate Cancer accounted for majority of share in 2017 due to high incidence rate of prostate cancers across different regions globally. However; Breast Cancer is projectedto register highest CAGR overthe forecast period owingto increasing awareness about breast cancers among women population coupled with technological advancementsin breastcancer treatment modalities such as partial breast irradiation (PBI).
Product Definition:
Teletherapy Machines are devices that allow for the transmission of therapeutic energy between a practitioner and a patient at a distance. The machines are used to treat conditions such as pain, inflammation, and other chronic issues.
Intensity-Modulated Radiation Therapy:
Intensity-modulated radiation therapy (IMRT) is a technique that controls and monitors the intensity of radiation used by the medical device. IMRT allows conformal radiotherapy which means it conforms to the shape of target tissue. Intensity-modulated radiotherapy uses computer software to control and monitor the intensity of X rays, gamma rays, or protons as they are applied to treat cancerous cells with high precision.
Image-Guided Radiotherapy:
The global image-guided radiotherapy and it's usage in teletherapy machines market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The other application segment includes the treatment of gynecological cancer, prostate cancer, breast cancer, lung cancer and colorectal cancer. The lungcancer segment is expected to witness lucrative growth during the forecast period due to increasing incidence rates of this disease. According to a study published in NCBI in 2018, it was estimated that around 54% of all cases of non-small cell lung carcinoma are diagnosed in people aged 65 years or above. Thus, teletherapy machines for lung cancers are highly anticipated to be adopted across hospitals and clinics as they reduce travel time and costs associated with hospitalization.
Breast Cancer dominated the market for transrectal teletherapy machines application owing to high prevalence rates coupled with advancements made in radiation therapy techniques over recent years that have led towards increased adoption across clinics and hospitals worldwide.
Regional Analysis:
North America dominated the global teletherapy machines market in 2017. This can be attributed to the presence of well-established healthcare facilities, availability of highly skilled physicians, and high adoption rate for technologically advanced treatment options. Moreover, increasing government initiatives to raise awareness regarding available treatments is also expected to drive regional growth over the forecast period. For instance, in October 2016, RTOG launched a national public education campaign about intensity-modulated radiation therapy (IMRT) for prostate cancer patients across the U.S.
Growth Factors:
- Increasing demand for home-based therapies: There is a growing demand for home-based therapies, which is driving the growth of the teletherapy machines market. Teletherapy machines offer several advantages such as cost-effectiveness, convenience, and privacy. They are also less time consuming and help in reducing the travel time for patients.
- Technological advancements: The technological advancements in teletherapy machines are helping to drive their growth in the market. These machines are becoming more sophisticated with features such as video conferencing and cloud storage that allow doctors to provide better treatment to patients remotely.
- Growing awareness about telehealth services: There is a growing awareness about the benefits of using telehealth services, which is helping to drive the growth of the teletherapy machines market. Telehealth services offer several advantages such as improved patient care, reduced healthcare costs, and increased efficiency of healthcare delivery systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Teletherapy Machines Market Research Report
By Type
Intensity-Modulated Radiation Therapy, Image-Guided Radiotherapy, Stereotactic Technology, Proton Beam Therapy
By Application
Prostate Cancer, Breast Cancer, Lung Cancer, Head & Neck Cancer, Colorectal Cancer, Other
By Companies
Varian Medical Systems, Elekta AB, Accuray Incorporated, Ion Beam Applications SA, C. R. Bard, IsoRay Medical, Nordion, RaySearch Laboratories AB, Mevion Medical Systems, Mitsubishi Electric Corporation, Varian Medical Systems
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Teletherapy Machines Market Report Segments:
The global Teletherapy Machines market is segmented on the basis of:
Types
Intensity-Modulated Radiation Therapy, Image-Guided Radiotherapy, Stereotactic Technology, Proton Beam Therapy
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
Prostate Cancer, Breast Cancer, Lung Cancer, Head & Neck Cancer, Colorectal Cancer, 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:
- Varian Medical Systems
- Elekta AB
- Accuray Incorporated
- Ion Beam Applications SA
- C. R. Bard
- IsoRay Medical
- Nordion
- RaySearch Laboratories AB
- Mevion Medical Systems
- Mitsubishi Electric Corporation
- Varian Medical Systems
Highlights of The Teletherapy Machines 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:
- Intensity-Modulated Radiation Therapy
- Image-Guided Radiotherapy
- Stereotactic Technology
- Proton Beam Therapy
- By Application:
- Prostate Cancer
- Breast Cancer
- Lung Cancer
- Head & Neck Cancer
- Colorectal Cancer
- 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 Teletherapy Machines 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?
Teletherapy machines are devices that use electromagnetic energy to treat medical conditions. They can be used to send electrical impulses through the body to help heal injuries or diseases.
Some of the major companies in the teletherapy machines market are Varian Medical Systems, Elekta AB, Accuray Incorporated, Ion Beam Applications SA, C. R. Bard, IsoRay Medical, Nordion, RaySearch Laboratories AB, Mevion Medical Systems, Mitsubishi Electric Corporation, Varian Medical Systems.
The teletherapy machines 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 Teletherapy Machines 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 Teletherapy Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Teletherapy Machines 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 Teletherapy Machines 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 Teletherapy Machines Market Size & Forecast, 2020-2028
4.5.1 Teletherapy Machines Market Size and Y-o-Y Growth
4.5.2 Teletherapy Machines Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Intensity-Modulated Radiation Therapy
5.2.2 Image-Guided Radiotherapy
5.2.3 Stereotactic Technology
5.2.4 Proton Beam Therapy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Prostate Cancer
6.2.2 Breast Cancer
6.2.3 Lung Cancer
6.2.4 Head & Neck Cancer
6.2.5 Colorectal Cancer
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Teletherapy Machines 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 Teletherapy Machines 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Intensity-Modulated Radiation Therapy
9.6.2 Image-Guided Radiotherapy
9.6.3 Stereotactic Technology
9.6.4 Proton Beam Therapy
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 Market Size Forecast by Applications
9.10.1 Prostate Cancer
9.10.2 Breast Cancer
9.10.3 Lung Cancer
9.10.4 Head & Neck Cancer
9.10.5 Colorectal Cancer
9.10.6 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Intensity-Modulated Radiation Therapy
10.6.2 Image-Guided Radiotherapy
10.6.3 Stereotactic Technology
10.6.4 Proton Beam Therapy
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 Market Size Forecast by Applications
10.10.1 Prostate Cancer
10.10.2 Breast Cancer
10.10.3 Lung Cancer
10.10.4 Head & Neck Cancer
10.10.5 Colorectal Cancer
10.10.6 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Intensity-Modulated Radiation Therapy
11.6.2 Image-Guided Radiotherapy
11.6.3 Stereotactic Technology
11.6.4 Proton Beam Therapy
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 Market Size Forecast by Applications
11.10.1 Prostate Cancer
11.10.2 Breast Cancer
11.10.3 Lung Cancer
11.10.4 Head & Neck Cancer
11.10.5 Colorectal Cancer
11.10.6 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Intensity-Modulated Radiation Therapy
12.6.2 Image-Guided Radiotherapy
12.6.3 Stereotactic Technology
12.6.4 Proton Beam Therapy
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 Market Size Forecast by Applications
12.10.1 Prostate Cancer
12.10.2 Breast Cancer
12.10.3 Lung Cancer
12.10.4 Head & Neck Cancer
12.10.5 Colorectal Cancer
12.10.6 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Intensity-Modulated Radiation Therapy
13.6.2 Image-Guided Radiotherapy
13.6.3 Stereotactic Technology
13.6.4 Proton Beam Therapy
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) Market Size Forecast by Applications
13.10.1 Prostate Cancer
13.10.2 Breast Cancer
13.10.3 Lung Cancer
13.10.4 Head & Neck Cancer
13.10.5 Colorectal Cancer
13.10.6 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 Teletherapy Machines Market: Competitive Dashboard
14.2 Global Teletherapy Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Varian Medical Systems
14.3.2 Elekta AB
14.3.3 Accuray Incorporated
14.3.4 Ion Beam Applications SA
14.3.5 C. R. Bard
14.3.6 IsoRay Medical
14.3.7 Nordion
14.3.8 RaySearch Laboratories AB
14.3.9 Mevion Medical Systems
14.3.10 Mitsubishi Electric Corporation
14.3.11 Varian Medical Systems
