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Intensity Modulated Radiation Therapy Market Size

  • Report ID: GMI7540
  • Published Date: Nov 2023
  • Report Format: PDF

Intensity Modulated Radiation Therapy Market Size

Intensity Modulated Radiation Therapy Market size was valued at USD 2.2 billion in 2022 and is estimated to register a CAGR of over 5.2% between 2023 and 2032. This therapy is an advanced technique in the field of radiation therapy designed to provide precise and targeted radiation doses to cancerous tumors while reducing the exposure to surrounding healthy tissues. Increasing prevalence of cancer is one of the prominent factors accelerating market growth.

 

According to the American Cancer Society, in 2022, an estimated 1.9 million new cases of cancer were diagnosed in the U.S. The commonly occurring cancers were breast cancer, prostate cancer, melanoma and others. Hence, surging cancer cases are expected to enhance the overall business progress.
 

Radiation therapy is an integrated part of modern comprehensive cancer management. Over the past decade, radiotherapy has come on leaps and bounds with several major technological breakthroughs that have increased precision and limited collateral damage. This means clinicians are able to boost doses, killing tumors more effectively, while further sparing surrounding healthy tissue. As technology continues to advance, the field of radiation therapy is likely to see further innovations which will enhance treatment outcomes and improve the quality of life for cancer patients.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Intensity modulated radiation therapy industry size was USD 2.2 billion in 2022 and is estimated to reach USD 3.6 billion by 2032 due to the increasing prevalence of cancer worldwide

Proton radiation type segment garnered USD 420 million in 2022 owing to the ongoing advancements in pencil beam scanning.

The breast cancer application segment accounted for over 26% of the intensity modulated radiation therapy market share in 2022 due to the increasing prevalence of breast cancer.

U.S. intensity modulated radiation therapy industry exceeded USD 766 million in revenue in 2022 led by the rising incidence of cancer in the region.

Intensity Modulated Radiation Therapy Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 217
  • Countries covered: 22
  • Pages: 145
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