Market revenue in 2020 | USD 23.6 million |
Market revenue in 2028 | USD 42.7 million |
Growth rate | 7.7% (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 75.42% in 2020. Horizon Databook has segmented the UAE radiation oncology market based on external beam radiationtherapy, internal beam radiation therapy covering the revenue growth of each sub-segment from 2017 to 2028.
In the UAE, radiation oncology market is anticipated to witness significant growth owing to various factors such as improvement in healthcare infrastructure and increase in government initiatives. By 2021, the government aims to reduce cancer mortality up to 18%.
At Cleveland Clinic Abu Dhabi, the government has constructed a cancer treatment center equipped with radiotherapy and chemotherapy facilities. Furthermore, in December 2018, Dubai Health Authority announced full insurance coverage for Essential Benefit Plan (EBP)
Holders for the treatment of colorectal, cervical, and breast cancers. In addition, manufacturers are focusing on strengthening their position in the market. For instance, in October 2019, Vision RT Ltd. announced its official opening in Dubai and will provide training to healthcare professionals.
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