Radiotherapy Market Revenue, Opportunity, Forecast and Value Chain 2030
The global radiotherapy market was valued at $7,222.4 million in 2019. As per the estimates of P&S Intelligence, a market research firm based in India, the market would progress at a CAGR of 8.4% between 2020 and 2030 and generate a revenue of $17,194.4 million in 2030. The increasing prevalence of cancer and the growing requirement for advanced treatment procedures all over the world are the key factors fueling the expansion of the market. Globally, the North American radiotherapy market would be the most lucrative one in the forthcoming years. In this region, the market would exhibit the highest growth in the U.S. in the coming years, mainly because of the large-scale installation of radiotherapy equipment and systems in the country. In addition to this, the existence of several research institutes and private healthcare providing organizations that are extensively using radiotherapy systems is boosting the market advancement in the country.
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