The size of the Radiotherapy Market in Latin America was worth $0.73 billion in 2020 and estimated to be growing at a CAGR of 6.54% to reach $1.01 billion by 2025.
Radiotherapy as a treatment is generally applied to the cancerous tumor because of its proficiency to control cell division and is also used to treat benign tumors and other diseases like some blood disorders and thyroid disease. Nearly half of the cancer patients are being cured by radiation therapy.
The radiation therapy market is expanding at a healthy pace since the past few years on account of increasing cancer cases and a rise in sophistication of novel treatment procedures. Moreover, Reimbursement levels for radiation therapy and replacements of older radiotherapy systems are few factors augmenting the growth of the radiotherapy market. The major problems faced by the market involve stringent regulations and expensive treatments.
This research report segmented and sub-segmented into the following categories:
The prostate cancer application segment is estimated to hold the largest share in both the external beam radiotherapy market along with the internal radiotherapy market.
Regionally, Mexico is the dominating market in the Latin America region and is expected to continue its dominance over the forecast period.
Key Developments in the Market
Prominent companies leading in Latin America Radiotherapy Market profiled in this report are Nordion Inc., RaySearch Laboratories AB, Ion Beam Applications SA, C. R. Bard Inc., Mevion Medical Systems Inc., Varian Medical Systems Inc., IsoRay Medical Inc., Elekta AB, Accuray Incorporated and Mitsubishi Electric Corporation.
This report helps you understand:
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 External Beam Radiation Therapy
184.108.40.206 Intensity-Modulated Radiation Therapy (IMRT)
220.127.116.11 Image-Guided Radiation Therapy (IGRT)
18.104.22.168 Stereotactic Radiosurgery
22.214.171.124 Stereotactic body Radiation Therapy
126.96.36.199 Proton Therapy
5.1.2 Internal Beam Radiation Therapy
5.1.3 Systemic Radiation Therapy
5.2 By Application
5.2.1 Skin & Lip Cancer
5.2.2 Head & Neck Cancer
5.2.3 Breast Cancer
5.2.4 Prostate Cancer
5.2.5 Cervical Cancer
5.2.6 Lung Cancer
5.2.7 Spine Cancer
5.3 By Equipment Type
5.3.1 Linear Accelerators
5.3.2 Radiation Therapy Simulators
5.3.3 Treatment Planning Systems
6. Geographical Analysis
6.5 Rest of Latin America
7. Pipeline Product Analysis
7.2 Pipeline Development Landscape
7.3 Molecular Targets in the Pipeline
7.4 Clinical Trials
7.4.1 Failure Rate by Stage of Development, Indication, Molecule Type and Molecular Target
7.4.2 Clinical Trial Duration by Stage of Development, Indication, Molecule Type and Molecular Target
7.4.3 Clinical Trial Size by Stage of Development, Indication, Molecule Type and Molecular Target.
8. Strategic Analysis
8.1 PESTLE analysis
8.2 Porter’s Five analysis
8.2.1 Bargaining Power of Suppliers
8.2.2 Bargaining Power of Consumers
8.2.3 Threat of New Entrants
8.2.4 Threat of Substitute Products and Services
8.2.5 Competitive Rivalry within the Industry
9. Market Leaders' Analysis
9.1 Nordion Inc.
9.1.2 Product Analysis
9.1.3 Strategic Evaluation and Operations
9.1.4 Financial analysis
9.1.5 Legal issues
9.1.6 Recent Developments
9.1.7 SWOT analysis
9.1.8 Analyst View
9.2 RaySearch Laboratories AB
9.3 Ion Beam Applications SA
9.4 C. R. Bard Inc.
9.5 Mevion Medical Systems Inc.
9.6 Varian Medical Systems Inc.
9.7 IsoRay Medical Inc.
9.8 Elekta AB
9.9 Accuray Incorporated
9.10 Mitsubishi Electric Corporation
10. Competitive Landscape
10.1 Market share analysis
10.2 Merger and Acquisition Analysis
10.3 Agreements, collaborations and Joint Ventures
10.4 New Product Launches
11. Expert Opinions
11.1 Market Outlook
11.2 Investment Opportunities
a) List of Tables
b) List of Figures