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What Is the Forecast for the Radiosurgery And Radiotherapy Robotics Market Growth in 2025?
The market size for radiosurgery and radiotherapy robotics has been experiencing consistent growth in recent years. Forecasts predict a growth from $4.36 billion in 2024, to $4.58 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.9%. The progression during the historical period can be ascribed to the pervasiveness of cancer, the high demand for less invasive surgical procedures, enhanced funding for medical robot investigation, and the global advancements in healthcare infrastructure.
What Is the Forecast for the Radiosurgery And Radiotherapy Robotics Market Size Through 2029?
In the upcoming years, the market size for radiosurgery and radiotherapy robotics is predicted to experience substantial growth. It’s estimated to balloon to $5.75 billion by 2029, with a compound annual growth rate (CAGR) of 5.8%. This projected growth over the forecast period could be due to various factors such as the aging population, increased embracing of robotic technology, efficient tumor treatment strategies, and governmental backing of radiosurgery. Additionally, growing cognizance of the advantages of radiosurgery and radiotherapy robots is contributing to this growth. Significant trends anticipated over this period include the integration of AI in treatment planning, radiomics, big data scrutiny, potential for remote consultations and telesurgery, incorporation of nanotechnology, and advanced technical development of radiosurgery robotics.
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What are the Key Market Players in Radiosurgery And Radiotherapy Robotics Market and How They’re Evolving?
Major companies operating in the radiosurgery and radiotherapy robotics market are Mitsubishi Electric Corporation, Hitachi Ltd., Siemens Healthineers AG, Medtronic PLC, Elekta AB, Shinva Medical Instrument Co. Ltd., Neusoft Medical Systems Co. Ltd., Accuray Incorporated, Sumitomo Heavy Industries Ltd., Ion Beam Applications SA, Brainlab AG, ViewRay Inc., Zhuhai Hokai Medical Instruments Co. Ltd., RaySearch Laboratories AB, Mevion Medical Systems Inc., Vision Rt Limited, Sun Nuclear Corporation, Panacea Medical Technologies Pvt. Ltd., C-Rad AB, Radiadyne LLC, ProTom International Holding Corporation, CIVCO Radiotherapy, Standard Imaging Inc., Intraop Medical Corporation, Best Medical International Inc., Modus Medical Devices Inc., Mirada Medical Ltd.
What Are the Primary Growth Drivers in the Radiosurgery And Radiotherapy Robotics Market?
The expansion of the radiosurgery and radiotherapy robotics market is anticipated due to the escalating rate of cancer. Cancer is a group of ailments that can arise from almost any tissue or organ in the body when rogue cells uncontrollably multiply, exceed their normal limits and spread to other organs or encroach upon surrounding body parts. In cancer treatment, radiosurgery and radiotherapy robotics are extremely important as they provide superior geometric precision, assist with precise positioning and imaging, and offer the latest therapy options for many cancers, including pancreatic cancer. For example, a report by the World Health Organization in February 2024 stated that the cancer burden is predicted to rise to over 35 million by 2050, which is a 77% increase from the estimated 20 million in 2022. Lung cancer was found to be the most common, with 2.5 million new cases or 12.4% of all new cases. Breast cancer in women was the second most common (2.3 million cases, 11.6%), followed by colorectal (1.9 million, 9.6%), prostate (1.5 million, 7.3%) and stomach cancer (970,000, 4.9%). Thus, the rising occurrence of cancer is fuelling the growth of the radiosurgery and radiotherapy robotics market. Expanding demand for minimally invasive procedures is predicted to further stimulate the growth of the radiosurgery and radiotherapy robotics market. Minimally invasive procedures (MIPs) are surgical processes imparted via small body incisions, typically performed with the aid of specially designed instruments and cameras introduced through these incisions. Radiosurgery and radiotherapy robots find their application in minimally invasive treatments for dispensing radiation dosage to malignant tumors with greater precision and consistency than traditional techniques, owing to their superior maneuverability and systematized movement. For example, according to the American Academy of Facial Plastic and Reconstructive Surgery, in 2023, a whopping 83% of medical procedures were minimally invasive whilst the remaining 17% were conventional surgical procedures. As such, blossoming demand for minimally invasive procedures is catalyzing the expansion of the radiosurgery and radiotherapy robotics market.
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What Are the Leading Segments in the Global Radiosurgery And Radiotherapy Robotics Industry?
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 Are the Key Market Trends in the Radiosurgery And Radiotherapy Robotics Industry?
Key players in the radiosurgery and radiotherapy robotics sector are increasingly adopting state-of-the-art technology such as the dynamic surface positioning and monitoring system to maintain their market standing. This is a patient tracking system for surface-guided radiation therapy (SGRT), which utilizes a thermal-surface camera to keep track of patient position and detect any movement during the treatment process. For instance, Brainlab, a German-based developer of radiotherapy and radiosurgery software and hardware, launched the ExacTrac Dynamic Surface Positioning and Monitoring System in May 2023. This single-camera solution ensures uniformity across the radiation department while facilitating relentless patient monitoring during breath-hold treatments. The primary aim of ExacTrac Dynamic Surface is to promote standardization across the department and to provide precise tracking. The single, user-friendly interface and the standardized workflows that come with ExacTrac Dynamic Surface allow clinicians to get the hang of the system quickly, making it easy to apply it to any linac.
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What Is the Regional Outlook for 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.
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This Report Delivers Insight On:
1. How big is the radiosurgery and radiotherapy robotics market, and how is it changing globally?
2. Who are the major companies in the radiosurgery and radiotherapy robotics market, and how are they performing?
3. What are the key opportunities and risks in the radiosurgery and radiotherapy robotics market right now?
4. Which products or customer segments are growing the most in the radiosurgery and radiotherapy robotics market?
5. What factors are helping or slowing down the growth of the radiosurgery and radiotherapy robotics market?
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