The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Radiosurgery And Radiotherapy Robotics Global Market Report 2023, the radiosurgery and radiotherapy robotics market is expected to show promising growth in the forecast period.

The radiosurgery and radiotherapy robotics market has witnessed robust growth, escalating from $4.15 billion in 2023 to a projected $4.36 billion in 2024, boasting a commendable compound annual growth rate (CAGR) of 5.1%. This upward trajectory is attributed to the prevalence of cancer, an increasing demand for minimally invasive surgical techniques, augmented funding for medical robot research, and the enhancement of global healthcare infrastructure.

Key Market Figures:

• 2023 Market Size: $4.15 billion
• 2024 Projected Size: $4.36 billion
• CAGR (2023-2024):1%

Future Growth Landscape
The radiosurgery and radiotherapy robotics market is poised for continued expansion, expected to reach $5.37 billion in 2028, marked by a robust compound annual growth rate (CAGR) of 5.3%. This growth is fueled by factors such as an aging population, increasing acceptance of robotic technology, high tumor-treating effectiveness, governmental support for radiosurgery, and growing awareness of the benefits of radiosurgery and radiotherapy robots.

Future Projections:

• 2028 Projected Size: $5.37 billion
• CAGR (2024-2028):3%

Fueling Growth: Rising Cancer Prevalence
The escalating prevalence of cancer is a significant catalyst for the growth of the radiosurgery and radiotherapy robotics market. As a category of illnesses affecting various organs or tissues in the body, cancer demands cutting-edge therapies. Radiosurgery and radiotherapy robotics play a pivotal role by enabling high geometric accuracy, aiding accurate placement and imaging, and offering advanced therapy choices for numerous cancers, including pancreatic cancer.

Cancer Statistics (2023):

• US New Cancer Cases:9 million
• US Cancer-related Deaths: 609,820

Key Players Shaping the Market
Major players in the radiosurgery and radiotherapy robotics market, including Mitsubishi Electric Corporation, Hitachi Ltd., and Siemens Healthineers AG, are pivotal in steering market dynamics. Their contributions, along with other industry leaders, are instrumental in advancing research, development, and adoption of radiosurgery and radiotherapy robotics.

Prominent Players:

• Mitsubishi Electric Corporation
• Hitachi Ltd.
• Siemens Healthineers AG
• Medtronic PLC
• Elekta AB
• And more…

Innovation in Technology: Dynamic Surface Positioning and Monitoring
Leading companies are embracing innovative technologies, such as dynamic surface positioning and monitoring systems, to maintain their position in the radiosurgery and radiotherapy robotics market. Brainlab’s ExacTrac Dynamic Surface Positioning and Monitoring System, launched in May 2023, exemplifies this trend, offering a patient tracking system for surface-guided radiation therapy (SGRT) with continuous monitoring during breath-hold treatments.

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Technological Advancements:

• Brainlab (May 2023): Launches ExacTrac Dynamic Surface Positioning and Monitoring System

Strategic Expansion: Brainlab Acquires medPhoton GmbH

In a strategic move in May 2022, Brainlab AG acquired medPhoton GmbH, an Austria-based radiosurgery and radiotherapy robotics company. This acquisition expands Brainlab’s product portfolio, strengthening its position in innovative radiotherapy solutions, including robotic imaging for image-guided radiation therapy and navigational surgery.

Strategic Acquisition:

• Brainlab AG (May 2022): Acquires medPhoton GmbH

Segmentation for Precision Solutions
The radiosurgery and radiotherapy robotics market is segmented based on product type, application, and end-use. Product types include X-ray-based, Gamma-ray-based, and Proton-beam-based systems. Applications encompass external beam radiotherapy and internal beam radiotherapy or brachytherapy, catering to various end-users such as hospitals, clinics, and other healthcare facilities.

Market Segmentation:

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

Regional Dominance: North America Takes the Lead

As of 2023, North America emerges as the largest region in the radiosurgery and radiotherapy robotics market. The region’s advanced healthcare infrastructure and robust research initiatives contribute significantly to its leadership in the market.

Regional Insights:

• Largest Region (2023): North America

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The Radiosurgery And Radiotherapy Robotics Global Market Report 2023  offers a comprehensive overview on the radiosurgery and radiotherapy robotics market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the radiosurgery and radiotherapy robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The Table Of Content For The Radiosurgery And Radiotherapy Robotics Market Include:
1. Radiosurgery And Radiotherapy Robotics Market Executive Summary
2. Radiosurgery And Radiotherapy Robotics Market Segments
3. Radiosurgery And Radiotherapy Robotics Market Size And Radiosurgery And Radiotherapy Robotics Market Growth Rate
4. Key Radiosurgery And Radiotherapy Robotics Market Trends
5. Major Radiosurgery And Radiotherapy Robotics Market Drivers
……
25. Key Mergers And Acquisitions In The Radiosurgery And Radiotherapy Robotics Market
26. Top Radiosurgery And Radiotherapy Robotics Companies
27. Radiosurgery And Radiotherapy Robotics Market Opportunities And Strategies
28. Radiosurgery And Radiotherapy Robotics Market, Conclusions And Recommendations
29. Appendix

View More Related Reports –
Surgical Robots Global Market Report 2023
Medical Robots Global Market Report 2023
Radiopharmaceuticals Global Market Report 2023

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