Market revenue in 2020 | USD 289.9 million |
Market revenue in 2028 | USD 521.6 million |
Growth rate | 7.6% (CAGR from 2020 to 2028) |
Largest segment | External beam radiationtherapy |
Fastest growing segment | Internal Beam Radiation Therapy |
Historical data | 2017 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | External Beam RadiationTherapy, Internal Beam Radiation Therapy |
Key market players worldwide | Siemens Healthineers AG ADR, Elekta AB ADR, BD, Accuray Inc, IBA RadioPharma Solutions, IsoRay, MeVis Medical Solutions AG, Nordion, Ntp Radioisotopes, Curium Pharma, ViewRay |
External beam radiationtherapy was the largest segment with a revenue share of 67.06% in 2020. Horizon Databook has segmented the France radiation oncology market based on external beam radiationtherapy, internal beam radiation therapy covering the revenue growth of each sub-segment from 2017 to 2028.
The radiation oncology market in France is expected to witness significant growth over the forecast period owing to the rapid commercialization of new products in the country. For instance, in July 2018, ViewRay.
The distribution of the company’s proprietary product, MRIdian Linac, in a network of 19 cancer care hospitals. Furthermore, in June 2017, Accuray, Inc. announced the installation of smart Radixact Treatment Delivery System in the University Cancer Institute of Toulouse.
Moreover, presence of Directive 2001/20/EC of 4 April 2001, which is related to the implementation of good clinical practice in study of nuclear medicinal products for human use, is expected to drive the market growth.
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