Proton Therapy Driving Radiation Therapy Market Growth Globally in 2015 and Beyond

DALLAS, February 25, 2015 /PRNewswire/ --

MarketReportsOnline.com adds "Global Radiation Therapy Market Report: 2015 Edition" report that says worldwide radiation therapy market has shown significant growth over the past few years, with North America as the highly competitive and largest market for radiotherapy devices

Europe is the second largest consumer of radiotherapy devices market. Although demand for radiotherapy devices slowed down in Europe in 2012, the region picked up in 2013. On the other hand, Asia Pacific's radiotherapy market has enjoyed a tremendous growth rate during last few years. As per the report "Global Radiation Therapy Market: 2015 Edition", the proton therapy market posed a very strong growth and will continue for the foreseeable future. It also indicates that the demand for proton beam therapy will be high in the future thereby resulting in increasing expenditure on radiotherapy treatment. Moreover, the increasing number of cancer patients, rapid change in cancer treatment technology and emerging healthy reimbursement plans will continue to enhance the demand for radiotherapy equipments and products. Complete report available athttp://www.marketreportsonline.com/400291.html.

Radiotherapy is a treatment procedure that involves the use of high-energy radiation. It is commonly applied to the cancerous tumor because of its ability to control cell growth and is also used to treat benign (non-cancerous) tumors and other conditions like thyroid disease and some blood disorders. Almost half of the cancer patients are being treated by radiation therapy. Nowadays, new treatment techniques such as image guided radiation therapy (IGRT), proton therapy; brachytherapy and stereotactic radiation therapy are being increasingly adopted. Moreover, due to the less risk in proton therapy treatment, it has become the most preferred option for treating cancer. Further, it is projected that the IGRT market will grow at a stronger pace than the overall radiation therapy market as it reduces the long term treatment side effects.

The US is the largest market of radiotherapy devices globally. The US market growth is mainly driven by the increasing incidence of cancers, replacements of older radiotherapy systems and reimbursement levels for radiation therapy. Demand for radiotherapy devices in Asia Pacific region has shown significant growth, mainly driven by China. The key factors driving the growth of the radiation therapy market include higher incidence of cancer, rising healthcare expenditures, rise in aging population and steady rise in global GDP. The major issues faced by the market include stringent regulations and expensive treatments.

This report assesses the Global Radiation Therapy Market in terms of market value along with the study of the regional markets including Asia Pacific, Latin America, North America, and Europe. The increasing competition in the radiotherapy market has been analyzed on number of factors: proton therapy market, installed base and new orders. The report presents some of the major drivers, trends and challenges being faced by the market. It also discusses the company profiles of top four players in radiation therapy market i.e. Varian, Siemens, Elekta, and Accuray.

Order a copy of this research report athttp://www.marketreportsonline.com/contacts/purchase.php?name=400291.

By combining SPSS Inc.'s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Major points from Table of Contents (http://www.marketreportsonline.com/400291-toc.html) are listed below:

1. Radiation Therapy (RT) - An Overview

2. Global Radiation Therapy Market

3. Regional Markets

4. Market Dynamics

5. Competitive Landscape

6. Company Profiles

7. Market Outlook

List of Tables 

Linear Accelerators 5- Years Growth Rate (2013-2018)

Linear Accelerators Annual Units Sold in Americas- by Company (2010-3Q14)

Linear Accelerators Cumulative Units in American Market- by Company (2010-3Q14)

Linear Accelerators Annual Units Sold in Rest of World- by Company (2010-3Q14)

Linear Accelerators Cumulative Units in Rest of World- by Company (2010-3Q14)

Dependent & Independent Variables (2008-2013)

Correlation Matrix

Model Summary - Coefficient of Determination

Regression Coefficients Output

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