Press Release
Press Release
The radiation oncology industry is being driven by the rising disposable income and the prevalence of healthcare facilities throughout the world. The surging cases of COVID-19 throughout the world boosted the radiation oncology industry due to the stringent lockdowns and vulnerable healthcare industry. According to the American Society for Radiation Oncology (ASTRO), this led to a more advanced stage of cancer, which is expected to further propel the market for radiation oncology. The development of more facility centres due to rapid urbanisation is also expected to aid the market growth. Moreover, the surge in the number of chronic diseases, such as cancer, is boosting the radiation oncology industry. The increasing demand for advanced imaging in countries such as India, South Korea, and China is further lubricating the market growth. Additionally, the rising geriatric population, particularly in Europe, is anticipated to catalyse the industry growth in the forecast period.
Innovations, technological advancements, and the development of new products by the leading companies are aiding the market growth for radiation oncology. Accuray Incorporated (NASDAQ: ARAY), one of the key players in the industry, launched Cyberknife S7 in June 2020. The product uses stereotactic radio surgery and a stereotactic body radiation therapy system to ensure personalised treatments for patients. Moreover, it is a robotic radiosurgery system that can deliver non-surgical treatments with submillimetre accuracy in any part of the body. Also, it is motion-synchronised and artificial intelligence (AI) driven, which enables precise and highly effective treatment without compromising the person’s comfort. Such developments are expected to boost the market growth in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global market for radiation oncology are Accuray Incorporated, Elekta AB, Isoray Medical, Mevion Medical Systems, and Varian Medical Systems, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.