Global Radiotherapy Positioning Devices Market to Grow with a CAGR of 8.01% During 2021-2030; Market to Grow on Account of the Growing Focus of the Government on Improving Healthcare Services Worldwide
Kenneth Research published a report titled “Radiotherapy Positioning Devices Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global radiotherapy positioning devices market in terms of market segmentation by product type, end-users, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global radiotherapy positioning devices market is anticipated to grow with a CAGR of 8.01% over the forecast period, i.e., 2021 – 2030. The market is segmented by product type into head, neck & brain immobilization device, thorax & breast immobilization device, pelvic immobilization devices, and others, out of which, the thorax & breast immobilization device segment is anticipated to garner the largest revenue of USD 125.92 Million by the end of 2030. Moreover, in the year 2020, the segment generated a revenue of USD 59.11 Million.
The global radiotherapy positioning devices market is estimated to garner a revenue of USD 371.47 Million by the end of 2030, up from a revenue of USD 172.87 Million in the year 2020. Growing advancements in healthcare, followed by the rising geriatric population worldwide, and the surge in the number of hospitals, along with the growing number of inpatients in hospitals for the treatment of different diseases, are some of the major factors anticipated to drive the market growth.
By region, the global radiotherapy positioning devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Out of these, the market in North America is projected to garner the largest revenue of USD 130.57 Million by the end of 2030. Moreover, in the year 2020, the market in the region generated a revenue of USD 61.13 Million.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Growing Prevalence of Cancer to Boost the Market Growth
According to the statistics by the World Health Organization (WHO), in the year 2020, the total number of deaths caused due to cancer registered to 10 Million.
Cancer is a deadly disease and is also known to be one of the leading causes of death worldwide. With the surge in the number of cancer cases worldwide, the need for early diagnosis and treatment of the disease is also growing significantly. Amongst all the different type of diagnosis, radiotherapy is one of the diagnosis being made amongst the cancer patients. The surge in demand for radiotherapy, backed by the surging cases of cancer, is expected to drive the need for radiotherapy positioning devices, and in turn, boost the market growth.
However, the limited access to advanced healthcare systems in several developing and under-developed countries is expected to operate as key restraint to the growth of global radiotherapy positioning devices market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global radiotherapy positioning devices market which includes company profiling of C-RAD, CIVCO Radiotherapy, Elekta AB, BIONIX LLC, ORFIT INDUSTRIES NV, Qfix, Klarity Medical Products, IZI Medical Products, CDR Systems, Candor ApS, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global radiotherapy positioning devices market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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