Linear Accelerators for Radiation Market Size Worth $3930 Million By 2024 | CAGR : 9.5%

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Linear Accelerators for Radiation Market

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. The resonating cavity frequency of the medical LINACs is about 3 billion Hertz (cycles/sec). This is the most common device to treat cancer with external beam radiation.

A linear accelerator (LINAC) customizes high energy x-rays or electrons to conform to a tumor’s shape and destroy cancer cells while sparing surrounding normal tissue. It features several built-in safety measures to ensure that it will not deliver a higher dose than prescribed and is routinely checked by a medical physicist to ensure it is working properly.

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LINAC (linear accelerator) is a must-have for any radiation oncology care provider. Approximately 60 percent of all cancer cases in the U.S. involve some form of radiation therapy, and recent technological improvements by linear accelerator manufacturers allow for unprecedented accuracy and safety in treating tumors, and limiting effects on the surrounding normal tissue.

Based on product types, the market is segmented into Low-energy and High-energy Linacs. Low-energy Linacs is leading the market consumption, in 2016, the Low-energy Linacs production was 1138 Units and the market share was 76.48% and it will be 1737 Units and 71.45% in 2022, with a Growth Rate 7.30% from 2016 to 2022. In 2016, the High-energy Linacs production was 350 Units and the market share was 23.52%, and it will be 694 Units and 28.55% in 2022, with a Growth Rate 12.09% from 2016 to 2022.

Based on end users, the market is segmented into Hospitals & Clinics, Research Institute & Medical Schools. Hospitals is the major application of Linear Accelerators for Radiation, in 2016, the Linear Accelerators for Radiation consumption (sales) in Hospitals was 1369 Units, and it will reach 2234 Units in 2022; while the sales market share in Hospitals was 92.00% in 2016 and will be 91.90% in 2022.

Major players in this market are Varian Medical Systems, Elekta, ACCURAY and Siemens, totally they comprises 93.82% market share in 2016. There are also many small players with small output numbers in this market, but the global market pattern will not change very significantly due to the high technical barrier and brand Influential.

According to this study, over the next five years the Linear Accelerators for Radiation market will register a 9.5% CAGR in terms of revenue, the global market size will reach US$ 3930 million by 2024, from US$ 2500 million in 2019.

In particular, this report presents the global market share (sales and revenue) of key companies in Linear Accelerators for Radiation business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Linear Accelerators for Radiation market by product type, application, key manufacturers and key regions and countries.

This study considers the Linear Accelerators for Radiation value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Low-energy Linacs
  • High-energy Linacs

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Hospitals & Clinics
  • Research Institutes

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Varian Medical Systems
  • Elekta
  • ACCURAY
  • Siemens

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Linear Accelerators for Radiation consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Linear Accelerators for Radiation market by identifying its various subsegments.
  • Focuses on the key global Linear Accelerators for Radiation manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Linear Accelerators for Radiation with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Linear Accelerators for Radiation submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Linear Accelerators for Radiation Consumption 2014–2024
2.1.2 Linear Accelerators for Radiation Consumption CAGR by Region
2.2 Linear Accelerators for Radiation Segment by Type
2.2.1 Low-energy Linacs
2.2.2 High-energy Linacs
2.3 Linear Accelerators for Radiation Consumption by Type
2.3.1 Global Linear Accelerators for Radiation Consumption Market Share by Type (2014–2019)
2.3.2 Global Linear Accelerators for Radiation Revenue and Market Share by Type (2014–2019)
2.3.3 Global Linear Accelerators for Radiation Sale Price by Type (2014–2019)
2.4 Linear Accelerators for Radiation Segment by Application
2.4.1 Hospitals & Clinics
2.4.2 Research Institutes
2.5 Linear Accelerators for Radiation Consumption by Application
2.5.1 Global Linear Accelerators for Radiation Consumption Market Share by Application (2014–2019)
2.5.2 Global Linear Accelerators for Radiation Value and Market Share by Application (2014–2019)
2.5.3 Global Linear Accelerators for Radiation Sale Price by Application (2014–2019

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