Radiotherapy Market Analysis – Industry Specific Opportunities and Trends Affecting the Growth
The global radiotherapy market was valued at USD 7.3 billion in 2023, and it is anticipated to grow up to USD 12.5 billion by 2033, at a CAGR of 5.4% during the forecast period.
Radiotherapy, commonly known as radiation therapy, is used for cancer patients to cure cancer by destroying the cancer cells and reducing the size of tumors. X-rays, gamma rays, and charged particles are commonly used in the radiotherapy market. Modern radiotherapy makes use of highly precise collimating devices that positively impact market expansion.