External beam Radiation Therapy Market size was valued at USD 4.45 Billion in 2024 and is forecasted to grow at a CAGR of 6% from 2026 to 2033, reaching USD 7.36 Billion by 2033.
The global external beam radiation therapy (EBRT) market was valued at USD 5.7 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. North America accounted for the largest share of the market in 2022, with a valuation of approximately USD 2.2 billion, driven by high healthcare spending, advanced treatment technologies, and robust infrastructure. The European market is expected to follow closely, with an estimated market size of USD 1.5 billion in 2022 and a CAGR of 6.0%. This region’s market growth is fueled by an aging population and increasing cancer prevalence. Asia Pacific is expected to grow at the highest rate during the forecast period, with a CAGR of 7.2%, due to the expanding healthcare access, rising disposable incomes, and increased adoption of advanced radiation therapy techniques. Latin America and the Middle East & Africa are also anticipated to witness significant growth, with regional market sizes expected to reach USD 400 million and USD 300 million, respectively, by 2030.
Regionally, the external beam radiation therapy market presents numerous opportunities for growth, especially in emerging markets. The Asia Pacific region is anticipated to drive the highest demand, with expanding healthcare infrastructure and investments in modern radiotherapy equipment. Additionally, growing awareness about cancer treatment options and advancements in medical technology will contribute to market expansion in regions like China, India, and Southeast Asia. Latin America is expected to see a steady increase in market share, fueled by an increasing number of oncology treatment centers and a rise in healthcare expenditure. Opportunities for market players include the development of more efficient, precise, and cost effective EBRT systems to cater to the growing global demand, particularly in low and middle income countries.
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Elekta AB
Varian Medical Systems
IBA Radiopharma Solutions
Accuray
Isoray
Mevion Medical Systems
Hitachi
ViewRay
Panacea Medical Technologies
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global External beam Radiation Therapy Market
3D Conformal Radiation Therapy
Intensity-Modulated Radiation Therapy (IMRT)
Image-Guided Radiation Therapy (IGRT)
Stereotactic Radiation Therapy
Proton Beam Therapy
Oncology
Pediatrics
Cardiovascular Disorders
Conventional Radiation Therapy
Arc Therapy
Linear Accelerator (LINAC) Therapy
Varian RapidArc
CyberKnife System
Hospitals
Oncology Clinics
Ambulatory Surgical Centers
Academic and Research Institutions
Robotic Systems
Software for Treatment Planning
Advanced Imaging and Monitoring Solutions
Artificial Intelligence Integration
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global External beam Radiation Therapy Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global External beam Radiation Therapy Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global External beam Radiation Therapy Market, By Type
6. Global External beam Radiation Therapy Market, By Application
7. Global External beam Radiation Therapy Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global External beam Radiation Therapy Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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