(PRWEB) May 10, 2013
The “Radiotherapy Market By Technology, Applications & Products (2011 – 2016)”, published by MarketsandMarkets analyzes and studies the major market drivers, restraints, and opportunities in the Americas, Europe, Asia, and the rest of the world including Japan.
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Radiation therapy is one of the advanced treatment and diagnostic procedures to kill damaged cells using focused energy with the intention of limiting harmful effects to the neighbouring healthy cells. Radiotherapy is generally applied either alone or along with the combination of surgery or chemotherapy. The major driving force in the advancements in radiation oncology over the conventional radiotherapy is the unique therapeutic effect on genetic materials of damaged cells. Radiotherapy interrupts cell replication and eventually causes cell-death.
The global radiotherapy devices market is classified into:
The radiation therapy market is expected to grow at a faster rate with a CAGR of 5.3% from 2011 to 2016.
The global radiotherapy market has seen challenging the dynamic market conditions, but still remains strong with a size of approximately $4.4 billion in 2011.
The worldwide market for radiotherapy devices is principally commanded by major players, such as Varian Medical System, Accuray, Inc., Elekta AB, IsoRay Medical, Inc. etc.
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