Global Radiotherapy Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

External Beam Radiotherapy - Image-Guided Radiotherapy (IGRT), Intensity Modulated Radiotherapy (IMRT), Stereotactic Therapy and Particle Therapy, Internal Beam Radiotherapy/Brachytherapy - Low-Dose-Rate (LDR) Brachytherapy, High-Dose-Rate (HDR) Brachytherapy and Pulsed-Dose-Rate Brachytherapy, Systemic Radiotherapy - Intravenous Radiopharmaceuticals, Oral Radiopharmaceuticals and Instillation Radiopharmaceuticals.

By Application;

Prostate Cancer, Breast Cancer, Lung Cancer, Head and Neck Cancer, Colorectal Cancer, Gynecological Cancer, Cervical Cancer and Others.

By End User;

Hospitals and Independent Radiotherapy Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn546358417 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Radiotherapy Market (USD Million), 2021 - 2031

In the year 2024, the Global Radiotherapy Market was valued at USD 7,138.07 million. The size of this market is expected to increase to USD 10,818.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.

The global radiotherapy market has experienced remarkable growth in recent years, driven by advancements in technology, rising cancer incidence rates, and an aging population. Radiotherapy, also known as radiation therapy, is a crucial component of cancer treatment, involving the use of high-energy radiation to target and destroy cancer cells. With increasing awareness about the efficacy of radiotherapy in treating various types of cancer, there has been a surge in demand for advanced radiotherapy techniques and equipment worldwide.

One of the significant factors contributing to the expansion of the radiotherapy market is the continuous evolution of technology. Innovations such as intensity-modulated radiation therapy (IMRT), image-guided radiation therapy (IGRT), and proton therapy have revolutionized cancer treatment by delivering more precise and targeted radiation doses while minimizing damage to surrounding healthy tissues. These technological advancements have not only improved treatment outcomes but also enhanced patient comfort and reduced side effects, thereby driving the adoption of radiotherapy across different regions.

The increasing prevalence of cancer globally has propelled the demand for radiotherapy as a primary or adjunctive treatment modality. According to the World Health Organization (WHO), cancer is one of the leading causes of morbidity and mortality worldwide, with the number of new cancer cases projected to rise substantially in the coming years. As radiotherapy plays a vital role in the management of various cancer types, including lung, breast, prostate, and brain cancers, the growing burden of cancer is expected to fuel the expansion of the radiotherapy market further.

Favorable government initiatives and investments in healthcare infrastructure are supporting the growth of the radiotherapy market. Governments across different countries are increasingly focusing on improving cancer care services and expanding access to advanced treatment modalities, including radiotherapy. Additionally, collaborations between healthcare organizations, research institutions, and industry players are fostering innovation and driving the development of novel radiotherapy technologies and treatment approaches. Overall, these factors are anticipated to sustain the momentum of growth in the global radiotherapy market in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Radiotherapy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increasing cancer prevalence
        3. Growing adoption of radiotherapy devices
        4. Rising awareness about cancer treatment
      2. Restraints
        1. High treatment costs
        2. Side effects of radiotherapy
        3. Limited access in developing countries
        4. Stringent regulatory requirements
      3. Opportunities
        1. Emerging markets expansion
        2. Advancements in personalized radiotherapy
        3. Integration of AI in radiotherapy
        4. Rising investment in healthcare infrastructure
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Radiotherapy Market, By Technology, 2021 - 2031 (USD Million)
      1. External Beam Radiotherapy
        1. Image-Guided Radiotherapy (IGRT)
        2. Intensity Modulated Radiotherapy (IMRT)
        3. Stereotactic Therapy
        4. Particle Therapy
      2. Internal Beam Radiotherapy/Brachytherapy
        1. Low-Dose-Rate (LDR) Brachytherapy
        2. High-Dose-Rate (HDR) Brachytherapy
        3. Pulsed-Dose-Rate Brachytherapy
      3. Systemic Radiotherapy
        1. Intravenous Radiopharmaceuticals
        2. Oral Radiopharmaceuticals
        3. Instillation Radiopharmaceuticals
    2. Global Radiotherapy Market, By Application, 2021 - 2031 (USD Million)
      1. Prostate Cancer
      2. Breast Cancer
      3. Lung Cancer
      4. Head and Neck Cancer
      5. Colorectal Cancer
      6. Gynecological Cancer
      7. Cervical Cancer
      8. Others
    3. Global Radiotherapy Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Independent Radiotherapy Centers
    4. Global Radiotherapy Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Kore
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Varian Medical Systems
      2. Elekta AB
      3. Accuray Incorporated
      4. Siemens Healthineers
      5. ViewRay Inc
      6. IBA Dosimetry
      7. Eckert & Ziegler BEBIG
      8. Theragenics Corporation
      9. Hitachi Ltd
      10. Shinva Medical Instrument Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market