Radiation Therapy Seen as a Curative Treatment for Cancer; the market to Account

Posted by Deeksha on May 29th, 2019

Though radiotherapy has been around since the early 1900s, developments in medical technology in the 1960s such as imaging technologies, linear accelerators and advanced hardware and software have made radiation therapy immensely efficacious. Over the years, tremendous progress has been made towards the comprehension of proposed hallmarks of cancer development and treatment. Meanwhile, with soaring incidence related to cancer, clinical management persists to be a challenge for the 21st century. As such, radiation therapy has been one the essential components of cancer treatment with almost two-fourth of all cancer patients receiving radiation therapy during the course of illness. These actionable insights are according to the report titled, “Radiation Therapy Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026,” which has been recently added to Market Research Hub’s (MRH) ever-expanding repository. Radiotherapy has been an effective part of a patient’s cancer treatment regimen. Radiation therapy has also been used as a curative treatment in combination with or in place of surgery or chemotherapy, or to shrink a tumor prior to surgery. Accordingly, depending on the type of cancer, oncologists are using external radiation, internal radiation and systematic radiation as radio therapy. According to the study, with the growth rate of over 5 percent the market for radiation therapy is projected to be valued at over USD 8,000 million by 2028-end. American Cancer Society raises eyebrow that radiation therapy might give a scant chance of raising the chances of getting another cancer. The voluntary organization makes pregnant wary of radiation—it can have repercussion on growing baby.

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Radiation Therapy Market: Report Content

The intelligence report on the radiation therapy market is backed up by qualitative and quantitative analysis. Besides, the report delineates the dynamics in the market which have overarching influence in the growth of the radiation therapy market, including drivers, restraints, trends, and opportunities. Additionally, the report also delineates segmentation to showcases a comprehensive analysis of the radiation therapy market.

The report also shed light on executive summary and overview section, comprehensively delineating radiation therapy market. Furthermore, the overview section delves into supply chain analysis, value chain analysis, pricing analysis and PESTLE analysis to shed light on the radiation therapy market.

The report also includes benchmarking to compare the performance of the business processes and products with the best performances of rival companies both inside and outside the industry in search for superior performance.

The robust analysis of the competitive landscape of the radiation therapy market relies upon Porters’ Five Force Analysis. As such, the Porters’ Five Force Analysis coherently states the potential strategies of the pertinent players in the radiation therapy market. The business strategies are bolstered by product portfolio, SWOT analysis, company profile, and recent development.

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Radiation Therapy Market: Research Methodology

The report swears by primary sources and secondary sources which offer an in-depth assessment on radiation therapy market. The report hinges upon primary source, which includes authentic and veracious analysis from pundits, telephonic interview and unbiased assessment from seasoned analyst, and surveys. Meanwhile, the secondary research relies on Factiva, resourceful database, EC filing and trade journals.