Growing prevalence of cancer, increasing use of radiotherapy in cancer treatment, and high-end technological developments in radiotherapy equipment drive the growth of the global radiation oncology market.
PORTLAND, Ore., Aug. 23, 2022 /PRNewswire/ — Allied Market Research published a report, titled, “Radiation Oncology Market by Type (External Beam Radiation Therapy, Internal Beam Radiation Therapy), by Application (Prostate Cancer, Breast Cancer, Lung Cancer, Head and Neck Cancer, Colorectal Cancer, Cervical Cancer, Gynecological Cancer, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.” According to the report, the global radiation oncology industry was estimated at $7.79 billion in 2021, and is anticipated to hit $15.23 billion by 2030, registering a CAGR of 7.8% from 2022 to 2030. The report offers an explicit analysis of the changing market trends, top segments, key investment pockets, value chain, competitive scenario, and regional landscape.
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Determinants of growth-
Growing prevalence of cancer, increasing use of radiotherapy in cancer treatment, and high-end technological developments in radiotherapy equipment drive the growth of the global radiation oncology market. At the same time, the fact that a good combination of 4D imaging and radiotherapy, known as 4D radiotherapy, enables real-time tumor tracking and…