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Events / Business / Radiotherapy Market Projected Growth to 2031
Business market forecast

Radiotherapy Market Projected Growth to 2031

Analysis based on 6 articles · First reported Jun 03, 2026 · Last updated Jun 15, 2026

Sentiment
60
Attention
4
Articles
6
Market Impact
General
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Market Impact

The projected growth of the radiotherapy market to USD 10.68 billion by 2031 indicates a positive outlook for companies like Siemens — Siemens Healthineers, Elekta, and Accuray. Increased investments in healthcare in emerging economies such as Brazil, India, and China will drive demand for advanced radiotherapy technologies, leading to potential revenue growth for market participants.

healthcare medical devices biotechnology
Event Summary

The global radiotherapy market is projected to grow from USD 7.98 billion in 2026 to USD 10.68 billion by 2031, at a CAGR of 6.0%, according to MarketsandMarkets. This growth is driven by rising cancer incidence, increasing healthcare investments, and the growing demand for precision oncology treatments. Advanced technologies like proton beam therapy, adaptive radiotherapy, and AI-based treatment planning are transforming cancer care. The systems segment is expected to lead the market, with external beam radiotherapy dominating by technology and application. The Asia Pacific region, including China, India, South Korea, Taiwan, and Singapore, is projected to witness the highest CAGR due to increasing cancer prevalence, aging demographics, and improving healthcare infrastructure. Key companies in this market include Siemens — Siemens Healthineers, Elekta, Accuray, International Boxing Association, ViewRay, Perspective Therapeutics, Hitachi, Sumitomo Heavy Industries, Carl Zeiss Meditec, and Philips.

Entities Involved
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MarketsandMarkets
MarketsandMarkets is the source of the market research report, projecting significant growth in the radiotherapy market. This enhances its reputation as a leading market intelligence provider.
Importance 100.0 Sentiment 70.0
stock
Elekta
Elekta is listed as a top company in the radiotherapy market, suggesting it is well-positioned to capitalize on the anticipated market expansion.
Importance 60.0 Sentiment 50.0
oth
International Boxing Association
International Boxing Association is mentioned as a top company in the radiotherapy market, indicating its potential to benefit from the market's projected growth.
Importance 60.0 Sentiment 50.0
stock
ViewRay
ViewRay is listed among the top companies in the radiotherapy market, suggesting it is poised for growth as the market expands.
Importance 60.0 Sentiment 50.0
priv
Perspective Therapeutics
Perspective Therapeutics is identified as a top company in the radiotherapy market, indicating its strong position to benefit from the projected market growth.
Importance 60.0 Sentiment 50.0
stock
Sumitomo Heavy Industries
Sumitomo Heavy Industries is listed as a top company in the radiotherapy market, suggesting it is well-positioned to capitalize on the anticipated market expansion.
Importance 60.0 Sentiment 50.0
priv
MIM Software
MIM Software is listed among the leading companies in the radiotherapy market, suggesting it is poised for growth as the market expands.
Importance 60.0 Sentiment 50.0
stock
Carl Zeiss Meditec
Carl Zeiss Meditec is recognized as a leading company in the radiotherapy market, indicating its potential to benefit from the market's projected growth.
Importance 60.0 Sentiment 50.0
stock
Accuray
Accuray is recognized as a leading company in the radiotherapy market, implying potential for increased revenue and market share due to market growth.
Importance 60.0 Sentiment 50.0
stock
Philips
Philips is identified as a top company in the radiotherapy market, suggesting it is poised for growth as the market expands.
Importance 60.0 Sentiment 50.0
stock
Hitachi
Hitachi is mentioned as a top company in the radiotherapy market, implying potential for increased revenue and market share due to market growth.
Importance 60.0 Sentiment 50.0
priv
Medical Care Technologies Inc.
Medical Care Technologies Inc. is listed among the leading companies in the radiotherapy market, suggesting it is poised for growth as the market expands.
Importance 60.0 Sentiment 50.0
subs
Siemens — Siemens Healthineers
Siemens — Siemens Healthineers is identified as a top company in the radiotherapy market, indicating its strong position to benefit from the projected market growth.
Importance 60.0 Sentiment 50.0
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Bebig Medical
Bebig Medical allied with Shinva Medical Instrument to strengthen its position in the LINAC sector, indicating strategic moves within the growing market.
Importance 30.0 Sentiment 40.0
stock
Shinva Medical Instrument
Shinva Medical Instrument allied with Bebig Medical to strengthen its position in the LINAC sector, indicating strategic moves within the growing market.
Importance 30.0 Sentiment 40.0
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