Radiosurgery And Radiotherapy Robotics Market Growth Outlook Through 2024-2033

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Overview and Scope

Radiosurgery and radiotherapy robotics are medical procedures that use advanced technology to deliver precise radiation doses to a specific body area. They are used to treat various medical conditions and are an essential part of modern medical practice. These robotics-assisted techniques also enhance the effectiveness of cancer treatment while minimizing damage to surrounding healthy tissues.

Sizing and Forecast

The radiosurgery and radiotherapy robotics market size has grown strongly in recent years. It will grow from $4.15 billion in 2023 to $4.36 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to prevalence of cancer, demand for minimally invasive surgical techniques, increase in funding for medical robot research, global healthcare infrastructure.

The radiosurgery and radiotherapy robotics market size is expected to see strong growth in the next few years. It will grow to $5.37 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to aging population, rising acceptance of robotic technology, high tumor-treating effectiveness, government support for the radiosurgery, growing awareness of the benefits of radiosurgery and radiotherapy robots. Major trends in the forecast period include ai-assisted treatment planning, radiomics and big data analysis, remote consultations and telesurgery, nanotechnology integration, high technical of radiosurgery robotics development.

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Segmentation & Regional Insights

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

North America was the largest region in the radiosurgery and radiotherapy robotics market in 2023. 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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Major Driver Impacting Market Growth

The increasing prevalence of cancer is expected to propel the growth of the radiosurgery and radiotherapy robotics market going forward. Cancer is a category of illnesses that can develop in nearly any organ or tissue in the body when aberrant cells proliferate uncontrollably, cross their usual boundaries and either spread to other organs or invade neighboring body parts. Radiosurgery and radiotherapy robotics play a crucial role in the treatment of cancer because by enable high geometric accuracy, assist with accurate placement and imaging and provide cutting-edge therapy choices for numerous cancers, including pancreatic cancer. For instance, in 2023, according to the American Cancer Society Inc., a US-based non-profit health group, 1.9 million new cancer cases are expected to be diagnosed in the US, an increase from 1.8 million new cancer cases diagnosed in 2020. Further, 609,820 cancer-related deaths are anticipated in the US in 2023, from 606,520 American deaths in 2020. Therefore, the increasing prevalence of cancer is driving the growth of the radiosurgery and radiotherapy robotics market.

Key Industry Players

Major players 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.

The radiosurgery and radiotherapy robotics market report table of contents includes:

Executive Summary
Radiosurgery And Radiotherapy Robotics Market Characteristics
Radiosurgery And Radiotherapy Robotics Market Trends And Strategies
Radiosurgery And Radiotherapy Robotics Market – Macro Economic Scenario
Global Radiosurgery And Radiotherapy Robotics Market Size and Growth

Global Radiosurgery And Radiotherapy Robotics Market Competitive Benchmarking
Global Radiosurgery And Radiotherapy Robotics Market Competitive Dashboard
Key Mergers And Acquisitions In The Radiosurgery And Radiotherapy Robotics Market
Radiosurgery And Radiotherapy Robotics Market Future Outlook and Potential Analysis
Appendix

Top Major Players: