The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

According to The Business Research Company’s Single Dose Radiotherapy Services Global Market Report 2024, the single dose radiotherapy services market is expected to show promising growth in the forecast period.

The single-dose radiotherapy services market has experienced substantial growth in recent years, with a rise from $1.37 billion in 2023 to $1.48 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.8%. This upward trajectory is expected to continue, reaching $2.02 billion by 2028, at a CAGR of 8.2%. Several key factors are driving this growth, including technological advancements, the increasing adoption of single-dose therapies, and a growing demand for non-invasive treatments.

Key Drivers of Market Growth

• Rising Cancer Prevalence: The growing incidence of cancer worldwide, particularly due to aging populations and improved diagnostic capabilities, is a major driver of the market. Single-dose radiotherapy offers a swift and effective treatment option, targeting and eliminating cancer cells while minimizing damage to surrounding tissues. For instance, according to the International Agency for Research on Cancer, breast cancer cases globally rose from 2.26 million in 2020 to 2.31 million in 2022.
• Technological Advancements: Advances in radiotherapy technology, including the integration of big data analytics, robotics, and cloud-based treatment planning, have significantly enhanced the precision and efficiency of single-dose radiotherapy. These innovations enable personalized treatment plans and improve patient outcomes.
• Growing Geriatric Population: An aging global population is contributing to the increasing demand for single-dose radiotherapy, as older adults are more susceptible to cancer and other conditions that require radiotherapy.

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Innovative Solutions Enhance Market Precision and Efficiency

• Radiation Therapy Computed Tomography (CT) Solutions: Major companies are focusing on developing advanced imaging systems like radiation therapy CT solutions to improve the precision of radiation treatments. These systems enhance imaging accuracy, simplify simulation workflows, and support oncology care. For example, GE HealthCare recently launched the Revolution RT and an updated Intelligent Radiation Therapy (IRT) platform, featuring AI-driven personalization and improved workflow efficiency.
• AI and Big Data Analytics: The integration of artificial intelligence and big data analytics into radiotherapy systems allows for the optimization and personalization of treatment plans, enhancing the effectiveness of single-dose radiotherapy services. These technologies provide detailed patient data analysis, enabling more accurate targeting of cancerous tissues.

Significant Market Movements: Siemens Healthineers Acquires Varian Medical Systems

• Strategic Acquisitions: In April 2021, Siemens Healthineers AG acquired Varian Medical Systems Inc., a leader in radiotherapy and cancer treatment solutions. This acquisition aims to bolster Siemens Healthineers’ oncology portfolio and enhance its position in the global healthcare market. Varian’s expertise in precise single-dose radiation treatments is expected to significantly contribute to the development of innovative radiotherapy solutions.

Market Segmentation and Regional Insights

• Types and Applications: The single-dose radiotherapy services market is segmented by type into internal beam radiotherapy and external beam radiotherapy. It is further segmented by application into prostate cancer and breast cancer treatments, and by service providers including specialized cancer institutes and radiotherapy centers.
• Regional Analysis: North America was the largest market for single-dose radiotherapy services in 2023, driven by advanced healthcare infrastructure and high cancer prevalence. However, the Asia-Pacific region is anticipated to be the fastest-growing market during the forecast period, owing to increasing healthcare expenditures, expanding telemedicine services, and rising awareness about non-invasive treatment options.

Conclusion
The single-dose radiotherapy services market is poised for significant growth, driven by technological advancements, an aging population, and the rising prevalence of cancer. With continuous innovations and strategic acquisitions enhancing the market’s capabilities, the future looks promising for both providers and patients seeking effective cancer treatments.

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