Key Trends and Insights into the Radiosurgery And Radiotherapy Robotics Market: Growth Rate and Opportunities to 2034
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Analyzing the Growth Rate of the Radiosurgery And Radiotherapy Robotics Market: What’s the Expected CAGR for the Next Decade?
In recent years, there has been consistent growth in the market size of radiosurgery and radiotherapy robotics. It is projected that the market will increase from $4.36 billion in 2024 to $4.58 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.9%. The augmentation seen during the historical period could be accounted for by factors such as the widespread occurrence of cancer, a growing demand for less invasive surgical procedures, a rise in funds allocated for medical robotic research, and the global development of healthcare infrastructure.
The market for robotics in radiosurgery and radiotherapy is projected to show robust expansion over the next few years. The market value is set to reach $5.75 billion by 2029, with a compound annual growth rate (CAGR) of 5.8%. This anticipated growth during the forecast period is due to factors such as an aging demographic, increased adoption of robotic technology, high efficacy in treating tumors, governmental backing of radiosurgery, and heightened awareness of the advantages of radiosurgery and radiotherapy robots. Noteworthy trends during this projection period include artificial intelligence-assisted treatment planning, radiomics and analysis of large data, remote consultations combined with telesurgery, integration of nanotechnology, and advancements in the technical aspects of radiosurgery robotics.
Which Major Market Drivers Are Expected to Boost the Radiosurgery And Radiotherapy Robotics Market’s Growth Potential?
The rapid rise in cancer cases is anticipated to fuel the development of the radiosurgery and radiotherapy robotics market. Cancer, a group of diseases that can occur in almost any organ or tissue where abnormal cells grow unchecked, extending beyond their normal boundaries, and either disseminate to other organs or infiltrate surrounding body parts. Radiosurgery and radiotherapy robotics are pivotal in the treatment of cancer, as they ensure high geometric accuracy, support precise placement and imaging, and offer state-of-the-art therapy options for a variety of cancers, such as pancreatic cancer. For example, in February 2024, per the report from the World Health Organization, a Switzerland-based intergovernmental organization, the burden of cancer is predicted to rise to over 35 million by 2050, representing a 77% surge from the estimated 20 million in 2022. Lung cancer was the most frequently occurring cancer worldwide, with 2.5 million new cases or 12.4% of all new cases. This was followed by breast cancer in women (2.3 million cases, 11.6%), colorectal cancer (1.9 million, 9.6%), prostate cancer (1.5 million, 7.3%) and stomach cancer (970,000, 4.9%). As a result, the escalating occurrence of cancer is driving the expansion of the radiosurgery and radiotherapy robotics market. The rising preference for minimally invasive procedures is likely to stimulate the growth of the radiosurgery and radiotherapy robotics market. Minimally invasive procedures (MIPs) are surgical procedures performed through tiny incisions in the body with the help of specialized equipment and cameras, which are introduced through these incisions. Radiosurgery and radiotherapy robots are employed in minimally invasive procedures to deliver radiation therapy to tumors more precisely and consistently as compared to conventional methods because robots can maneuver with greater accuracy and consistency than humans. For example, in February 2024, as stated by the American Academy of Facial Plastic and Reconstructive Surgery, a US-based non-profit organization, in 2023, a significant majority, specifically 83%, of medical procedures performed were minimally invasive, while the remaining 17% were conventional surgical procedures. As such, the increasing preference for minimally invasive methods is catalyzing the growth of the radiosurgery and radiotherapy robotics market.
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What Are the Leading Organizations Impacting the Radiosurgery And Radiotherapy Robotics Market’s Growth?
Major companies operating in the radiosurgery and radiotherapy robotics market are:
• Mitsubishi Electric Corporation_x000D_
• Hitachi Ltd._x000D_
• Siemens Healthineers AG_x000D_
• Medtronic PLC_x000D_
• Elekta AB_x000D_
What Are the Most Prominent Trends Driving Change in the Radiosurgery And Radiotherapy Robotics Market?
Leading businesses in the radiosurgery and radiotherapy robotics sector are concentrated on integrating novel technological solutions, such as dynamic surface positioning and monitoring systems, to maintain their market standing. This refers to a patient monitoring system for surface-guided radiation therapy (SGRT), which uses a thermal-surface camera to observe patient positioning and track movements during treatment procedures. For example, Brainlab, a Germany-based firm specializing in radiotherapy and radiosurgery software and hardware development, introduced the ExacTrac Dynamic Surface Positioning and Monitoring System in May 2023. This one-camera unit system ensures uniformity across the radiation department and facilitates uninterrupted patient observation during breath-hold treatments. The primary objective of ExacTrac Dynamic Surface is to guarantee department-wide consistency and ensure precise tracking. Clinicians can easily adapt to the ExacTrac Dynamic Surface on any linac due to its singular, user-friendly interface and standardized workflow patterns.
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Which Key Market Segments Comprise the Radiosurgery And Radiotherapy Robotics Market and Drive Its Revenue Growth?
The radiosurgery and radiotherapy robotics market covered in this report is segmented –
1) By Product: X-ray Based, Gamma-ray Based, Proton-beam Based
2) By Application: External Beam Radiotherapy, Internal Beam Radiotherapy Or Brachytherapy
3) By End Use: Hospitals, Clinics, Other End Users
Subsegments:
1) By X-ray Based: Linear Accelerators (LINAC), Stereotactic X-Ray Systems, Image-Guided Radiation Therapy (IGRT) Systems
2) By Gamma-Ray Based: Gamma Knife Systems, Stereotactic Radiosurgery (SRS) Systems, Radioactive Isotope Systems
3) By Proton-Beam Based: Proton Therapy Systems, Pencil Beam Scanning Systems, Fixed Beam Proton Systems
What Regions Are Leading the Charge in the Radiosurgery And Radiotherapy Robotics Market?
North America was the largest region in the radiosurgery and radiotherapy robotics market in 2024. The regions covered in radiosurgery and radiotherapy robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Does the Definition of the Radiosurgery And Radiotherapy Robotics Market Include?
Radiosurgery and radiotherapy robotics are medical procedures that use advanced technology to deliver precise radiation doses to a specific body area. They are used to treat various medical conditions and are an essential part of modern medical practice. These robotics-assisted techniques also enhance the effectiveness of cancer treatment while minimizing damage to surrounding healthy tissues.
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