A radiation oncologist is an expert doctor who uses ionizing radiation, (for example, megavoltage X-beams or radionuclides) in the treatment of cancer. Radiation oncology is one of the three essential fortes, the other two being careful and clinical oncology, associated with the treatment of malignant growth. The subspecialty of oncology worried about radiotherapy is called radiation oncology. Radiation oncology is a clinical strength that includes the controlled utilization of radiation to treat cancer either for cure, or to reduce pain and other symptoms caused by cancer. Radiation treatment (likewise called radiotherapy) is the term used to depict the real treatment conveyed by the radiation oncology group.
Radiation Oncology Market: Key Players
The research study includes profiles of leading companies operating in the global radiation oncology market. Key players profiled in the report include: Elekta AB, Siemens Healthcare, Ion Beam Applications SA, Mevion Medical Systems, Inc., Varian Medical Systems, Nordion Inc., C.R. Bard, Inc., Accuray Incorporated, IsoRay, Inc., Hitachi Medical Corporation, and Others.
Drivers for the Global Radiation Oncology Market:
Increasing incidences of cancer globally, increasing elderly population, growing technological advancements, and increase the adoption of radiation oncology these are the major driving factors for the global radiation oncology market.
Opportunities for the Global Radiation Oncology Market:
Similarly, this technology improves dose accuracy & treatment times and is relatively more effective when compared to other therapy, increasing disposable incomes in developing nations, and increasing number of cancer cases create the huge market opportunity for the global radiation oncology market in forecast period.
Restrains for the Global Radiation Oncology Market:
But, on negative side lack of access to radiotherapy, high cost of instrument and therapy, side effects, and lack of trained technicians in developing countries these are the factors which hamper the growth of the global radiation oncology market.
Region Wise, Global Radiation Oncology Market Analysis:
Report covers the region wise analysis; global radiation oncology can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, North America leads the global radiation oncology share due to high prevalence of cancer, increasing adoption of advanced technologies, and growing geriatric population, and significant R&D carried out in radiation oncology. Furthermore, introducing of new radiation oncology therapy systems in medical centers and hospitals in countries such as India, Japan, and China Asia Pacific region is expected to grow in forecast period. North America region is followed by Asia Pacific and Europe.
Covid-19: Impact and Recovery Analysis for Global Radiation Oncology Market:
The world is greatly affected by the uncertain raise of the covid-19 Pandemic among the population. The Corona virus outbreak has disrupted & disturbed every sector of business as well as human activity. In most parts of the world there has been a complete restriction set by governments regarding various activities and in turn this is greatly affecting the delivery of safety, effective and resource-conscious patient care across health care disciplines like: Radiation Oncology market globally. Radiation Oncology is majorly impacted due to ongoing public health emergency all the cancer patients suffering from this. Cancer care centers facing the problem regarding intersection between the desires to safeguard a vulnerable patient population from COVID-19 while providing necessary treatment in a timely manner to avoid compromising oncologic outcomes. Because, about 50% of cancer patients receiving radiation therapy. Also, radiation oncology clinics specifically facing the problems regarding, increasing potential need for screening of patients for daily treatment, treatment interruptions, delays in restarting treatment, and a decreased workforce. On another side when recovery analysis perform that time many radiation oncology clinics, patients and employees are required to enter through separate entrances and undergo a screening process with survey questions reviewing classic COVID-19 symptomatology (fever, cough, and dyspnea) as well as history of known exposure. Also, when entered into radiation oncology department, patients again undergo screening and further triaging, with appointments scheduled at spaced intervals when possible to minimize prolonged overlap in the waiting room. All these things helps to prevent the cancer patient from COVID-19.
Global Radiation Oncology Market: Product analysis
- External Beam Therapy
- Internal Beam Radiation Therapy
Global Radiation Oncology Market: Application analysis
- Radiation Therapy Centers
- Ambulatory Service Centers
Global Radiation Oncology Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East