Radiation Therapy & Diagnostic Imaging Equipment Is Gaining High Demand Globally

Radiation Therapy & Diagnostic Imaging Equipment Market

Definition

Radiation therapy makes use of high energy rays to destroy abnormal cells, such as cancer cells, and arrest the growth and division of these cells. Radiations are produced from a machine (external radiation) or from a small container of radioactive material. Diagnostic imaging equipment utilizes electromagnetic radiation to produce images of internal structures of the human body for accurate diagnosis.

Drivers & Restraints

The global market is anticipated to rise at a considerable rate during the forecast period. In the recent years, the market was growing at a steady rate and with the rising adoption of strategies by key players; the market is expected to rise over the projected horizon. Rise in demand for oncology information systems (OIS) and sustained increase in healthcare expenditure drive the market growth. However, dearth of medical professionals & systems restrains the market growth.

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Segments-

Product Type-

Computed Tomography (CT) Scanners

Magnetic Resonance Imaging (MRI) Systems

Linear Accelerators

CT Simulators

Others

 

Application-

Hospitals

Clinics

Others

 

Regional Analysis

The market has been segment into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. Advancements in technology, such as plasma radiation therapy and diagnostic imaging equipment, provide opportunities for the market growth in Asia Pacific region.

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Companies-

Varian Medical Systems

Elekta AB

Accuray Incorporated

Nordion

Isoray Medical

Raysearch Laboratories AB

Mevion Medical Systems

C.R. Bard

Mitsubishi Electric Corporation

Theragenics Corporation