Top Growth Trends in the Single Dose Radiotherapy Services Market: Key Insights and Opportunities for 2025-2034
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How has the single dose radiotherapy services market grown over the years?
The market for single dose radiotherapy services has witnessed significant expansion in the past few years. The market size is expected to escalate from $1.48 billion in 2024 to about $1.6 billion by 2025, experiencing an annual growth of 8.5%. Several factors have fueled the growth in previous years; these include technological evolution, amalgamation of big data analytics, creation of compact radiotherapy apparatus, the growing application of robotics in radiotherapy, and the shift towards cloud-based treatment planning.
What Is the forecasted market size and growth rate for the single dose radiotherapy services market?
The single dose radiotherapy services market size is expected to see strong growth in the next few years. It will grow to $2.19 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to the rising adoption of single-dose therapies, growing demand for non-invasive treatments, increasing healthcare expenditure, growing geriatric population, and expanding telemedicine services. Major trends in the forecast period include technological advancements, integration of big data analytics, development of portable radiotherapy devices, increasing use of robotics in radiotherapy, and adoption of cloud-based treatment planning.
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What are the major factors driving growth in the single dose radiotherapy services market?
An anticipated surge in cancer occurrences is expected to boost the single-dose radiotherapy services market in the future. Described as a group of diseases characterized by rampant cell growth that often forms tumors capable of invading and spreading to other body parts, resulting in normal bodily functions being compromised, cancer’s prevalence can be tracked back to aging populations, lifestyle shifts, environmental exposures and improvements in detection and diagnosis technologies. Single-dose radiotherapy services play a role in countering the rise in cancer incidence by providing quick and effective treatments that pinpoint and destroy cancer cells, possibly improving patient outcomes and reducing disease-related stress. For example, the International Agency for Research on Cancer (IARC), an intergovernmental organization based in France, reported in June 2024 that the new count of global breast cancer cases rose from 2.26 million in 2020 to 2.31 million in 2022. Hence, the rise in cancer prevalence prompts the growth of the single-dose radiotherapy services market.
What key areas define the segmentation of the global single dose radiotherapy services Market?
The single dose radiotherapy services market covered in this report is segmented –
1) By Type: Internal Beam Radiotherapy, External Beam Radiotherapy
2) By Application: Prostate Cancer, Breast Cancer
3) By Service Provider: Specialized Cancer Institutes, Radiotherapy Centers
Subsegments:
1) By Internal Beam Radiotherapy: Brachytherapy, Intraoperative Radiotherapy (IORT)
2) By External Beam Radiotherapy: Stereotactic Radiosurgery (SRS), Stereotactic Body Radiotherapy (SBRT), Intensity-Modulated Radiotherapy (IMRT)
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What are the top market players propelling the growth of the single dose radiotherapy services industry?
Major companies operating in the single dose radiotherapy services market are Hitachi Ltd., Varian Medical Systems Inc., Boston Scientific Corporation, Elekta AB, GenesisCare, Accuray Incorporated, IBA Dosimetry GmbH, Sirtex Medical Limited, Telix Pharmaceuticals Limited, ViewRay Inc., RaySearch Laboratories AB, RefleXion Medical Inc., Sensus Healthcare Inc., C-RAD AB, Panacea Medical Technologies Pvt. Ltd., Advanced Oncotherapy Plc, ProTom International Inc., Isoray Inc., IntraOp Medical Corporation, Alliance Oncology, Nanobiotix, Xcision Medical Systems LLC, Oraya Therapeutics Inc.
What emerging trends are influencing the growth of the single dose radiotherapy services market?
Leading companies in the single-dose radiotherapy services sector are prioritizing the development of novel solutions, including radiation therapy computed tomography (CT) systems, aimed at elevating imaging precision and streamlining simulation processes for cancer care. An innovative radiation therapy CT solution is a high-end imaging system created to boost the accuracy of radiation treatment. Moreover, the AI-enhanced rendition of the intelligent radiation therapy (iRT) system utilizes artificial intelligence to fine-tune and personalize radiation therapy programs. For example, GE HealthCare, an American medical tech firm, introduced Revolution RT and an updated version of the Intelligent Radiation Therapy (IRT) Platform in May 2024. These solutions offer heightened imaging precision, better workflow productivity, and AI-enabled customization. Revolution RT is primarily for exact radiotherapy simulation, while the updated iRT platform is meant to smooth workflow and increase accuracy. These progressive developments in radiotherapy markedly enhance imaging precision and accuracy, make workflows more straightforward, and amplify personalization and analytical capabilities. This optimizes single-dose radiotherapy procedures for each patient, improving the efficiency, efficacy, and accessibility of these services.
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Which regions are most influential in expanding the single dose radiotherapy services market?
North America was the largest region in the single dose radiotherapy services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the single dose radiotherapy services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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