Global Medical Linear Accelerator Market is Growing at a CAGR of Over 7% During the Forecast Period 20192025 – ResearchAndMarkets.com

Artificial Intelligence
Image credit: source

DUBLIN–(BUSINESS WIRE)–Jan 8, 2020–

The “Medical Linear Accelerators Market – Global Outlook and Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.

The growing prevalence of cancer worldwide, coupled with rapid technological advancements and increased healthcare expenditure, is expected to boost the market growth. Linear accelerators (LINAC) are considered as breakthrough devices, which have revolutionized treatment due to their cost-effectiveness. Further, the market has witnessed a significant shift in cancer treatment delivery with increasing preference from invasive to non-invasive treatment procedures. As non-invasive treatment includes radiation therapy, which is the most advanced and cost-effective treatment option for patients. It helps to treat a wide range of cancers and could be used alone or in conjunction with surgery, chemotherapy, and other treatment procedures. Therefore, this phenomenal shift in consumer expectation has increased the acceptance of medical LINAC equipment.

The emergence of artificial intelligence is revolutionizing the medical imaging devices market. Advances in machine learning (ML) and artificial intelligence (AI) are rapidly transforming cancer treatment using LINAC devices. Hence, vendors are focusing on developing AI and ML-enabled LINACs for oncology treatment, which is likely to become convenient treatment options in upcoming years.

Key Market Insights

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.1.1 Inclusions

4.1.2 Exclusions

4.2 Base Year

4.3 Scope of the study

4.4 Market Segments

4.4.1 Market Segmentation by Products

4.4.2 Market Segmentation by Applications

4.4.3 Market Segmentation by End-users Type

4.4.4 Market Segmentation by Geography

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Cancer: An Overview

7.1.1 Background

7.1.2 Radiotherapy

7.2 Medical LINACs

8 Market Dynamics

8.1 Market Growth Enablers

8.1.1 Growing Prevalence of Cancer

8.1.2 Technological Advances/Innovations

8.1.3 Increasing Demand for Non-Invasive Cancer Treatment

8.2 Market Growth Restraints

8.2.1 High Costs of LINACs

8.2.2 Lack of Infrastructure & Skilled Professionals

8.2.3 Alternate Treatment Options for Cancer

8.2.4 Risks and Complications Associated with RT

8.3 Market Opportunities and Trends

8.3.1 Product Approvals/Launches

8.3.2 Emergence of MRI-Based LINACs

8.3.3 Growing Popularity of Robotic Radiotherapy

8.3.4 Integration of AI in LINACs

9 Global Medical LINACs Market

9.1 Market Overview

9.2 Market Size & Forecast

9.3 Five Forces Analysis

9.3.1 Threat of New Entrants

9.3.2 Bargaining Power of Suppliers

9.3.3 Bargaining Power of Buyers

9.3.4 Threat of Substitutes

9.3.5 Competitive Rivalry

10 By Product Type

10.1 Market Snapshot & Growth Engine

10.2 Market Overview

10.3 Equipment

10.3.1 Market Overview

10.3.2 Market Size & Forecast

10.4 Software

10.4.1 Market Overview

10.4.2 Market Size & Forecast

11 By Application

11.1 Market Snapshot & Growth Engine

11.2 Market Overview

11.3 Breast Cancer

11.4 Prostate Cancer

11.5 Lung Cancer

11.6 Head & Neck Cancer

11.7 Colorectal Cancer

11.8 Others

12 By End-Users

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Hospitals

12.3.1 Market Overview

12.3.2 Market Size & Forecast

12.4 Cancer Care Centers

12.4.1 Market Overview

12.4.2 Market Size & Forecast

12.5 Academic Institutes & Research Centers

12.5.1 Market Overview

12.5.2 Market Size & Forecast

13 By Geography

13.1 Market Snapshot & Growth Engine

13.2 Overview

14 North America

14.1 Market Overview

14.2 Market Size & Forecast

14.3 Key Countries

14.3.1 US: Market Size & Forecast

14.3.2 Canada: Market Size & Forecast

15 Europe

15.1 Market Overview

15.2 Market Size & Forecast

15.3 Key Countries

16 APAC

16.1 Market Overview

16.2 Market Size & Forecast

16.3 Key Countries

17 Latin America

17.1 Market Overview

17.2 Market Size & Forecast

17.3 Key Countries

18 Middle East & Africa

18.1 Market Overview

18.2 Market Size & Forecast

18.3 Key Countries

19 Competitive Landscape

19.1 Competition Overview

19.2 Market Share Analysis

19.2.1 Varian Medical Systems

19.2.2 Elekta

19.2.3 Accuray

19.2.4 Viewray

19.2.5 Shinva Medical Instrument

19.2.6 Panacea Medical Technologies

20 Key Vendors

20.1 Varian Medical Systems

20.2 Elekta

20.3 Accuray

21 Other Prominent Vendors

21.1 Shinva Medical Instrument

21.2 Panacea Medical Technologies

21.3 Viewray Technologies

22 Report Summary

22.1 Key Takeaways

22.2 Strategic Recommendations

22.3 Quantitative Summary

22.3.1 By Product

22.3.2 By Application

22.3.3 By End-users

22.3.4 By Geography

For more information about this report visit https://www.researchandmarkets.com/r/wy6ylg

View source version on businesswire.com:https://www.businesswire.com/news/home/20200108005463/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: HEALTH ONCOLOGY MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 01/08/2020 08:31 AM/DISC: 01/08/2020 08:31 AM

http://www.businesswire.com/news/home/20200108005463/en

(Excerpt) Read more Here | 2020-01-08 18:41:26

Leave a Reply

Your email address will not be published. Required fields are marked *