LINAC (linear accelerator) is a must-have for any radiation oncology care provider. Approximately 60 percent of all cancer cases in the U.S. involve some form of radiation therapy, and recent technological improvements by linear accelerator manufacturers allow for unprecedented accuracy and safety in treating tumors, and limiting effects on the surrounding normal tissue.
Based on product types, the market is segmented into Low-energy and High-energy Linacs. Low-energy Linacs is leading the market consumption, in 2016, the Low-energy Linacs production was 1138 Units and the market share was 76.48% and it will be 1737 Units and 71.45% in 2022, with a Growth Rate 7.30% from 2016 to 2022. In 2016, the High-energy Linacs production was 350 Units and the market share was 23.52%, and it will be 694 Units and 28.55% in 2022, with a Growth Rate 12.09% from 2016 to 2022.
Based on end users, the market is segmented into Hospitals & Clinics, Research Institute & Medical Schools. Hospitals is the major application of Linear Accelerators for Radiation, in 2016, the Linear Accelerators for Radiation consumption (sales) in Hospitals was 1369 Units, and it will reach 2234 Units in 2022; while the sales market share in Hospitals was 92.00% in 2016 and will be 91.90% in 2022.
Major players in this market are Varian Medical Systems, Elekta, ACCURAY and Siemens, totally they comprises 93.82% market share in 2016. There are also many small players with small output numbers in this market, but the global market pattern will not change very significantly due to the high technical barrier and brand Influential.
The worldwide market for Linear Accelerators for Radiation is expected to grow at a CAGR of roughly 9.5% over the next five years, will reach 3930 million US$ in 2024, from 2500 million US$ in 2019.
Linear Accelerators for Radiation Market research report interprets definition, an investigation of significant progress in the market. It provides overall industry survey, product description, wide array of applications, top players, and development forecast. It enhances understanding about that market along with new business trends.
Information about the historical content is available that helps to understand development of market in different geographical areas. The authorization to estimate different business forecast united with the ongoing market size and financing opportunities and development approval of high-level officials of the Linear Accelerators for Radiation industry is considered during the research. It is based on thorough study of market scenario, market size, changing trends, and competitive analysis. It also comprises drivers and the small factors of the market onward with the impacts they have on the business over the prediction period 2019-2026.
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This research also provides regional or country-level reports, for the following regions:
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy and Rest Of Europe)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Argentina, Colombia and Rest of L.A.)
• Middle East And Africa (Turkey, GCC, UAE and South Africa Rest of Middle East)
Linear Accelerators for Radiation market segment by companies:
Varian Medical Systems
Market, By Types
Market, By Applications
Hospitals & Clinics
Major players have been profiled completely by sharing their business overview, products along with its description, recent developments and their marketing strategies.
Furthermore, the years considered for the study are as follows:
• Historical year – 2013-2017
• Base year – 2018
• Forecast period – 2019 to 2025
Primarily, report focuses on primary and secondary drivers. Further, key players, significant cooperation, merger & procurement along with ongoing innovation and Linear Accelerators for Radiation business policies are reviewed in the report. Moreover, it surrounds basic, secondary and advanced information belonging to the product market. Report embraces production process as well as consumption and manufacturing volume and revenue.
Reasons to buy this report:
• This report provides pin-point analysis for changing competitive dynamics
• It provides changing trends, driving factors and restraints of market
• It provides a six-year forecast assessed on the basis of how the market is predicted to grow
• It helps in understanding the key product segments and their future
• It provides precise analysis of changing competition dynamics and keeps you ahead of competitors
• It helps to make wide business decisions by having complete insights of market and by making in-depth analysis of market segments