Code: MTA8334 | Publication Date: Aug 2025 |
The market growth is driven by the rising global cancer burden, increasing adoption of advanced radiotherapy techniques, supportive government initiatives, and growing healthcare infrastructure investments.
The radiotherapy market is experiencing trends such as the growing adoption of intensity-modulated radiotherapy (IMRT) and image-guided radiotherapy (IGRT), increasing demand for proton therapy, and integration of AI-based planning systems. There is also a rise in the use of stereotactic body radiotherapy (SBRT) for precise tumour targeting and an emphasis on personalized treatment approaches for better outcomes.
The radiotherapy market is undergoing developments like the launch of next-generation linear accelerators, increased collaborations between equipment manufacturers and cancer care providers, and the adoption of adaptive radiotherapy techniques. Expanding clinical trials for advanced treatment protocols and integration of real-time imaging are further driving innovation in the sector.
Below is a comprehensive list of the leading market players driving growth in this sector:
Company Name | Varian Medical Systems |
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Established Year | 1948 |
Headquarters | Palo Alto, California, USA |
Official Website | Click Here |
Varian is a global leader in radiotherapy solutions, offering linear accelerators, proton therapy, and treatment planning software to advance precision cancer care worldwide.
Company Name | Elekta AB |
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Established Year | 1972 |
Headquarters | Stockholm, Sweden |
Official Website | Click Here |
Elekta specializes in radiotherapy and radiosurgery systems, including the Elekta Unity MR-Linac, enhancing imaging-guided precision treatment for cancer patients globally.
Company Name | Accuray Incorporated |
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Established Year | 1990 |
Headquarters | Sunnyvale, California, USA |
Official Website | Click Here |
Accuray develops CyberKnife and TomoTherapy systems, delivering highly targeted, non-invasive radiation treatments for cancer and neurological conditions.
Company Name | Siemens Healthineers AG |
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Established Year | 2017 (spun off from Siemens) |
Headquarters | Erlangen, Germany |
Official Website | Click Here |
Siemens Healthineers integrates imaging, AI, and digital technologies into radiotherapy workflows, enabling advanced treatment planning and cancer care solutions.
Company Name | IBA (Ion Beam Applications SA) |
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Established Year | 1986 |
Headquarters | Louvain-la-Neuve, Belgium |
Official Website | Click Here |
IBA is a pioneer in proton therapy solutions, providing cyclotrons, treatment systems, and radio pharmacy solutions for cancer therapy and research applications.
Company Name | Mevion Medical Systems, Inc. |
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Established Year | 2004 |
Headquarters | Littleton, Massachusetts, USA |
Official Website | Click Here |
Mevion is a leader in compact proton therapy systems, offering cost-efficient and space-saving solutions for advanced radiotherapy centres.
Company Name | Hitachi, Ltd. |
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Established Year | 1910 |
Headquarters | Tokyo, Japan |
Official Website | Click Here |
Hitachi develops advanced proton beam therapy systems and accelerators, supporting precision cancer treatment in leading hospitals and cancer centres worldwide.
Company Name | Brainlab AG |
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Established Year | 1989 |
Headquarters | Munich, Germany |
Official Website | Click Here |
Brainlab provides software-driven radiotherapy and radiosurgery technologies, including treatment planning, navigation, and adaptive therapy solutions.
Company Name | ViewRay, Inc. |
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Established Year | 2004 |
Headquarters | Oakwood Village, Ohio, USA |
Official Website | Click Here |
ViewRay developed the MRIdian system, integrating MRI with linear accelerators to deliver adaptive radiation therapy with real-time imaging and targeting.
Company Name | Panacea Medical Technologies Pvt. Ltd. |
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Established Year | 1999 |
Headquarters | Bangalore, India |
Official Website | Click Here |
Panacea specializes in affordable radiotherapy solutions, manufacturing linear accelerators and treatment planning systems tailored to emerging healthcare markets.