Linear Accelerators (for Radiation) is a device that uses high Radio-Frequency (RF) electromagnetic waves to accelerate charged particles (i.e. electrons) to high energies in a linear path, inside a tube-like structure called the accelerator waveguide.
Market trend Snapshot
Global Medical Linear Accelerator market was valued at 2,767 million USD in 2019 and expected to reach 5,230 million USD by 2026, growing at a CAGR of 9.52%. This report provides comprehensive and in-depth analysis and prediction of the Medical Linear Accelerator industry.
Factors such as rising prevalence of cancer, efficiency of linear accelerator to deliver high doses of radiation to the tumor with limited damage to the surrounding normal tissues or organs, rising adaptation of radiotherapy devices and procedures for treatment of various tumors, increasing number of conferences and symposiums to increase patient awareness regarding new technology advancements, and various associations have come forward to educate the patients regarding rising healthcare concerns and solutions to address such issues are expected to propel the Medical Linear Accelerator market growth. Furthermore, increasing healthcare expenditure, rising government initiatives, and continuous automation technologies leading to higher sensitivity, faster, and easy performance of the devices for prevention of disease are some of the other factors that giving impetus to market growth. On the other side, high devices and stringent government regulations towards medical LINACs are considered to hamper the market growth.
From Base year 2018 to forecast year 2026
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Key Market Players Profile
Various market pacemakers covered in the report are Varian, Elekta, ACCURAY, Philips, GE Healthcare, Toshiba, Mitsubishi Heavy Industries (MHI), Shinva, Neusoft, Top Grade Healthcare, and Huiheng Medical, Hamming. The report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies, which will help companies create strategies to take advantages of the emerging opportunities in the future. Production and consumption are estimated to continue developing with a stable growth rate during the forecast period. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
North America holds the largest Medical Linear Accelerator market share
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
North America dominated the Medical Linear Accelerator market with a share of 40.21% in 2018 and expected to maintain dominance during the forecast period. This is mainly attributed to the growing incidence of tumors and cancers, the continuous advancement of healthcare infrastructure, and increasing per-capita income. Furthermore, some of the other crucial factors that projected to stimulate market growth are constantly increasing regulatory scenario monitored by various organizations for the safety and health issues, technological advancement in finding new techniques, rise in funding in public and private sector. The Asia Pacific is currently leading Europe with a share of 29.63% and 25.69% owing to various multinational companies are setting up their operations in this region and aiming to gain huge revenue share from emerging countries, rising healthcare concerns, and improving healthcare scenario of the region.
Medical Linear Accelerator Type and Application Sketch
By type
By application
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Medical Linear Accelerator Report provides
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Medical Linear Accelerator Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Medical Linear Accelerator Market by Types
4 Segmentation of Medical Linear Accelerator Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Medical Linear Accelerator Market in Major Countries
7 North America Medical Linear Accelerator Landscape Analysis
8 Europe Medical Linear Accelerator Landscape Analysis
9 Asia Pacific Medical Linear Accelerator Landscape Analysis
10 Latin America, Middle East & Africa Medical Linear Accelerator Landscape Analysis
11 Major Players Profile
11.1 Varian
11.1.1 Varian Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Elekta
11.3 ACCURAY
11.4 Philips
11.5 GE Healthcare
11.6 Toshiba
11.7 Mitsubishi Heavy Industries (MHI)
11.8 Shinva
11.9 Neusoft
11.10 Top Grade Healthcare
11.11 Huiheng Medical
11.12 Hamming
…
Target Audience:
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