Abstract
Descritpion
Radiation Therapy refers to the medical use of ionizing radiation as a part of
cancer treatment to control malignant cells by destroying their DNA. Various
types of radiations are generally used for the treatment. Some of the major
ones include: high energy photons, electron beams, proton beams and neutron
beams. In the treatment, radiation can either come from a machine outside the
body, called external beam radiation therapy or from radioactive material
placed inside the body, which in this case is called internal radiation
therapy or brachytherapy. Some of the major types of external radiation
therapy treatments include: 3D-CRT, IMRT, IGRT, Tomotherapy, Stereotactic
radiosurgery, SBRT and Proton Therapy.
Due to the increasing use of radiation therapy treatment, owing to its highly
accurate and targeted nature, the radiation therapy market worldwide had
witnessed double-digit growth in the past decade. The technological
advancements taking place in the field have made the treatment more effective
and precise, thereby improving its use. North America represents the largest
RT market, followed by EMEA, both of which are generally characterized as
replacement markets. Asia Pacific and Latin America offer potential for future
growth in the new installations.
There are many opportunities which would benefit the market in future; some of
them include the low penetration rates in the emerging countries, the ageing
of the RT equipments in developed regions, and the proton therapy treatment.
Also, the increasing number of cancer cases, growth in obese population,
increasing consumption of alcohol and tobacco, and improving reimbursement
trends are few important drivers affecting the industry.
The global radiation therapy market, including the hardware and software
products is highly consolidated with the majority of the market being in the
hands of a few companies. Among all, Varian is the market leader, followed by
Elekta and Siemens.
This report analyzes the global radiation therapy market with focus on
regional markets like North America, EMEA, Asia Pacific and Latin America. The
report presents some of the major drivers, opportunities and challenges being
faced by the industry. It also analyzes the competitive scenario of the global
radiation therapy market, along with the competitive conditions being faced in
North America, Europe and Asia Pacific. The profiles of the four major
players, Varian, Elekta, Siemens, and Accuray are being included in the report.
By combining SPSS Inc.'s data integration and analysis capabilities with our
relevant findings, we have predicted the future growth of the industry. We
employed various significant variables that have an impact on this industry
and created regression models with SPSS Base to determine the future direction
of the industry. Before deploying the regression model, the relationship
between several independent or predictor variables and the dependent variable
was analyzed using standard SPSS output, including charts, tables, and tests.
Table of Contents
1. Radiation Therapy
- 1.1 Introduction
- 1.2 Types
2. Global Radiation Therapy Market
- Market Value
- Regional Breakdown
- Growth Rate
3. Major Regional Markets
- 3.1 North America
- 3.2 EMEA
- 3.3 Asia Pacific
- 3.4 Latin America
4. Growth Opportunities
- 4.1 Low Penetration Level in Emerging Countries
- 4.2 Replacement RT Market in Developed Countries
- 4.3 Particle Therapy or Hadron therapy
5. Market Drivers
- 5.1 Increasing Number of Cancer Cases
- 5.2 Growth in Obesity Cases
- 5.3 Rising Insurance Density
- 5.4 Increasing Use of Tobacco & Alcohol
6. Key Issues
- 6.1 Rising Costs of Treatment
- 6.2 Patient Safety during Treatment Process
- 6.3 Side Effects of Treatment
- 6.4 Stringent Regulations
7. Radiation Therapy - Competitive Landscape
- 7.1 Global Market Share
- Hardware & Software Share
- Equipment Market Share
- LINAC Installed Base
- 7.2 North America Share
- Installed Base
- New Orders
- 7.3 European Market Share
- Overview
- Value Share
- 7.4 Asia Pacific Market Share
- Overall Value Share
- Japan
- China
- India
- Australia/New Zealand
8. Company Profiles
- 8.1 Varian Medical Systems Inc.
- Business Description
- Key Financials
- Business Strategies
- Focus on Research & Development
- Customer Service & Support
- Broad Range of Products
- 8.2 Elekta
- Business Description
- Key Financials
- Business Strategies
- Partnerships with Leading Institutions
- Comprehensive Portfolio of Solutions
- Open Interfaces to Provide Free Choice
- 8.3 Accuray Inc.
- Business Description
- Key Financials
- Business Strategies
- Increase Sales in International Markets
- Focus on Research & Development
- Strategic Alliances
- 8.4 Siemens
- Business Description
- Key Financials
- Business Strategies
- Healthcare Strategy
- Focus on Innovation
9. Market Outlook
- 9.1 Market Forecast
- 9.2 Forecast Methodology
- 9.2.1 Dependent and Independent Variables
- 9.2.2 Correlation Analysis
- 9.2.3 Regression Analysis
List of Charts
- Global Radiation Therapy Market (2001-2010)
- Global Radiation Therapy Market - Share by Region (2010)
- Regional Radiation Therapy Market Growth (CAGR '06-'10)
- North American Radiation Therapy Market Size (2001-2010)
- EMEA Radiation Therapy Market Size (2001-2010)
- Asia Pacific Radiation Therapy Market Size (2001-2010)
- Latin American Radiation therapy Market Size (2001-2010)
- Penetration Rates of Radiation therapy Equipment - by Region (2010)
- Hadron Therapy or Particle Therapy Patient Statistics (2008-2010)
- Particle Therapy - Share by type of Particles (2010)
- Number of Proton therapy Centers Worldwide (2000-2011)
- New Cancer Cases Worldwide (2005-2015)
- Global Obesity Forecast of World Population (2005 - 2015E)
- Global Insurance Density (2003-2009)
- Cancer Costs-by Type (2010 & 2020)
- Stages of a Radiotherapy Treatment
- Global Radiation Therapy Market - Value Share by Companies (2010)
- Global Radiation Therapy Equipment Market - Value Share by Companies (FY11)
- LINAC Installed Base Worldwide - Value Share by Companies (FY11)
- LINAC Installed Base in North America - Value Share by Companies (FY11)
- LINAC New Orders in North America - Market Share by Companies (FY11)
- European RT Market - Value Share by Companies (FY11)
- Asia Pacific Radiation Therapy Market - Value Share by Companies (FY11)
- RT New Orders Market in Far East - Value Share by Companies (FY11)
- Japanese RT New Orders Market - Value Share by Companies (FY11)
- Chinese RT New Orders Market - Value Share by Companies (FY11)
- New Orders RT Market in New Zealand Australia - Share by Companies (FY11)
- Indian RT Market - Value Share by Companies (FY11)
- Varian Medical Systems Revenue (FY06-FY10)
- Varian Medical Systems - Revenue Share by Segments (FY10)
- Elekta Revenue (FY07-FY11)
- Elekta Revenue - Share by Segments (FY11)
- Number of Cyberknife Systems Installed Annually - by Region (FY06-FY10)
- Accuray Inc. Revenue (FY06-FY10)
- Siemens AG Revenue (FY06-FY10)
- Siemens Revenue - Share by Segments (FY10)
- Global Radiation therapy Market forecast (2010-2015E)
List of Tables
- Global RT Equipment Market - by Region and Type (2010)
- US Proton Therapy Opportunity (2010)
- FDA Regulation of Medical Devices
- Dependent & Independent Variables (2003 - 2010)
- Correlation Matrix
- Model Summary - Coefficient of Determination
- Regression Coefficients Output