Global Radiation Oncology Market Size & Outlook
The radiation oncology industry worldwide is expected to reach a projected revenue of US$ 13,558.6 million by 2028. A compound annual growth rate of 7.5% is expected of the worldwide radiation oncology industry from 2021 to 2028.
Revenue, 2020 (US$M)
$7,581.3
Forecast, 2028 (US$M)
$13,558.6
CAGR, 2021 - 2028
7.5%
Report Coverage
Worldwide
Global radiation oncology market, 2017-2028 (US$M)
Related Markets
Global radiation oncology market highlights
- The global radiation oncology market generated a revenue of USD 7,581.3 million in 2020 and is expected to reach USD 13,558.6 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 7.5% by 2028.
- In terms of segment, external beam radiationtherapy accounted for a revenue of USD 5,237.3 million in 2020.
- Internal Beam Radiation Therapy is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, Germany is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 7,581.3 million |
| Market revenue in 2028 | USD 13,558.6 million |
| Growth rate | 7.5% (CAGR from 2020 to 2028) |
| Largest segment | External beam radiationtherapy |
| Fastest growing segment | Internal Beam Radiation Therapy |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | External Beam RadiationTherapy, Internal Beam Radiation Therapy |
Other key industry trends
- In terms of revenue, the North America accounted for 45.5% of the global radiation oncology market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, Germany is the fastest growing regional market and is projected to reach USD 713.0 million by 2028.
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Radiation Oncology Market Scope
Radiation oncology market segmentation & scope
Electron-Emitting High-Energy Linear Accelerators (Linac)
Cyberknife
Gamma Knife
Tomotherapy
Cyclotron
Synchrotron
Seeds
Applicators and Afterloaders
Electronic Brachytherapy
Systemic Beam Radiation Therapy
Others
Radiation Oncology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global radiation oncology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to radiation oncology market will help companies and investors design strategic landscapes.
external beam radiationtherapy was the largest segment with a revenue share of 69.08% in 2020. Horizon Databook has segmented the Global radiation oncology market based on external beam radiationtherapy, internal beam radiation therapy covering the revenue growth of each sub-segment from 2017 to 2028.
- Global Radiation Oncology Type Outlook (Revenue, USD Million, 2017-2028)
- External Beam RadiationTherapy
- Electron-Emitting High-Energy Linear Accelerators (Linac)
- Compact Advanced Radiotherapy Systems
- Cyberknife
- Gamma Knife
- Tomotherapy
- Proton Therapy
- Cyclotron
- Synchrotron
- Internal Beam Radiation Therapy
- Brachytherapy
- Seeds
- Applicators and Afterloaders
- Electronic Brachytherapy
- Systemic Beam Radiation Therapy
- Others
- Brachytherapy
- External Beam RadiationTherapy
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Target buyers of Global radiation oncology market databook
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Our clientele includes a mix of radiation oncology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global radiation oncology market , including forecasts for subscribers. This global databook contains high-level insights into Global radiation oncology market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Global radiation oncology market statistics, by regions, 2017-2028 (US$M)
Top 10 countries: Radiation oncology market size, 2020 (USD Million)
Top 10 countries: Radiation oncology market size, 2020 (USD Million)
Global radiation oncology market, by region, 2020 (US$M)
Related regional statistics
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