Market revenue in 2020 | USD 244.4 million |
Market revenue in 2028 | USD 427.4 million |
Growth rate | 7.2% (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 |
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 69.97% in 2020. Horizon Databook has segmented the Middle East & Africa radiation oncology market based on external beam radiationtherapy, internal beam radiation therapy covering the revenue growth of each sub-segment from 2017 to 2028.
Key market players are partnering with healthcare providers in this region to strengthen their presence and expand their product portfolios. For instance, in January 2019, at the Arab Health Exhibition and Congress, Dubai, Elekta highlighted the collaborations with hospitals and clinics in Middle East & Africa region to provide better care and treatment to cancer patients.
In addition, in December 2018, cancer centers in Israel collaborated with International Atomic Energy Agency (IAEA) to provide advanced radiotherapy training to healthcare professionals Furthermore, rising adoption of brachytherapy by healthcare providers to promote and provide better care and solutions for cancer is expected to drive the market.
For instance, in 2018, Mediclinic Middle East announces the launch of HDR brachytherapy service in their cancer center. The center will use Varian’s GammaMed-IX HDF afterloader and BrachyVision planning software for treating gynecologic cancers and also other cancers more effectively.
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