DUBLIN--(BUSINESS WIRE)--The "Global Radiation Therapy Equipment Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The radiation therapy equipment market will register a CAGR of almost 7% by 2023.
Advances in technology to drive market growth
Technology plays an important role in the development of medical devices. It aids in enhancing the precision rate of devices. which results in providing higher success rate and increases the usability of the devices. Vendors are developing innovative and superior technologies and equipment to overcome the shortcomings of the old systems. They are introducing new radiation therapy equipment as well as launching upgraded products that aid in providing better operability and results.
Increase in product launches
Product launches help companies in expanding their product range, penetrating different regions, and strengthening their market presence. Market competition results in the launch of improved products. The rise in the number of product launches is one of the main factors driving the growth of the global radiation therapy equipment market.
Presence of substitutes
Radiation therapy equipment has several substitutes such as surgery, chemotherapy, immunotherapy, targeted therapy, hormone therapy, stem cell transplant, and precision medicine that can be used for cancer treatment. These substitutes have many advantages compared with radiation therapy equipment.
Key Players
- Accuray
- BD
- Elekta
- IBA
- Varian Medical Systems
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
- Comparison by product
- External - Market size and forecast 2018-2023
- Internal - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
- Advances in technology
- Growing focus on enhancing professional skills
- Increase in innovative business strategies
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Accuray
- BD
- Elekta
- IBA
- Varian Medical Systems
For more information about this report visit https://www.researchandmarkets.com/research/3wq7n2/global_radiation?w=4