The “Image Guided Bn Therapy System Market by End-user and Geography – Forecast and Analysis 2022-2026” has been added to Technavio’s offering. The market will observe significant growth in North America due to the presence of major market players and the high adoption of advanced medical equipment. However, the market will witness faster growth in Asia during the forecast period.
Technavio expects the global image guided therapy system market size to increase by USD 14.68 billion between 2021 and 2026, progressing at a CAGR of 6.35% during the forecast period.
Get highlights on the growth variance, market size, and growth opportunities across regions.
Market Dynamics
The market is driven by the as high prevalence of cancer. The rise in risk factors such as unhealthy diet, lack of physical activity, tobacco use, and excessive alcohol consumption are increasing the prevalence of cancer across the world. According to a study, the global cancer cases increased to 19.3 million in 2020, along with 10 million associated deaths. By 2030, these numbers are expected to increase by 21.6 million and 13.5 million respectively. The rising incidence of cancer will increase the demand for cancer screening and diagnoses, thereby driving the growth of the global image guided therapy system market during the forecast period.
In addition, the increasing number of product launches and rising geriatric population will be crucial in driving the growth of the market. But the lack of adequate healthcare infrastructure in developing nations will restrict the market growth.
Company Profiles
Some of the companies covered in this report are Abbott Laboratories, Accuray Inc., Brainlab AG, Canon Inc., C-RAD AB, Elekta AB, General Electric Co., Hitachi Ltd., Ion Beam Applications SA, IsoRay Inc., KARL STORZ SE and Co. KG, Koninklijke Philips NV, Medtronic Plc, Mevion Medical Systems Inc., Olympus Corp., Siemens AG, and Stryker Corp. etc.
Competitive Analysis
The report includes the competitive analysis which analyzes and evaluates the position of companies based on their industry position and market performance. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation by End-user
By End-user, the market is classified into hospitals and clinics, ambulatory surgical centers, and research and academic institutions. The hospitals and clinics segment accounted for the maximum share in the market in 2021. The growth of the segment can be attributed to the rising demand for advanced image guided therapy systems, the growing focus of hospital authorities on improving the infrastructure in healthcare facilities to enhance patient care. The market growth in the segment will be significant during the forecast period.
Market Segmentation by Geography
By Geography, the market is classified as North America, Europe, Asia, and the Rest of World (ROW). North America will have the largest share of the market. Factors such as increased insurance coverage, rise in research and development expenditure, increase in geriatric population with chronic diseases, high healthcare spending, and increase in promotions about the use of image guided therapy systems for the early detection of diseases are driving the growth of the image guided therapy system market in North America. The US and Canada are the key markets for image guided therapy systems in North America.
Abbott Laboratories, Accuray Inc., Brainlab AG, Canon Inc., C-RAD AB, Elekta AB, General Electric Co., Hitachi Ltd., Ion Beam Applications SA, IsoRay Inc., KARL STORZ SE and Co. KG, Koninklijke Philips NV, Medtronic Plc, Mevion Medical Systems Inc., Olympus Corp., Siemens AG, and Stryker Corp.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
1 Executive Summary
1.1 Market overview Exhibit 01: Executive Summary – Chart on Market Overview Exhibit 02: Executive Summary – Data Table on Market Overview Exhibit 03: Executive Summary – Chart on Global Market Characteristics Exhibit 04: Executive Summary – Chart on Market by Geography Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user Exhibit 06: Executive Summary – Chart on Incremental Growth Exhibit 07: Executive Summary – Data Table on Incremental Growth Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem Exhibit 09: Parent market Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition Exhibit 11: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 12: Market segments3.3 Market size 20213.4 Market outlook: Forecast for 2021-2026 Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million) Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million) Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%) Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary Exhibit 17: Five forces analysis – Comparison between 2021 and 20264.2 Bargaining power of buyers Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 20264.3 Bargaining power of suppliers Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 20264.4 Threat of new entrants Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 20264.5 Threat of substitutes Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 20264.6 Threat of rivalry Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 20264.7 Market condition Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by End-user
5.1 Market segments Exhibit 24: Chart on End-user – Market share 2021-2026 (%) Exhibit 25: Data Table on End-user – Market share 2021-2026 (%)5.2 Comparison by End-user Exhibit 26: Chart on Comparison by End-user Exhibit 27: Data Table on Comparison by End-user5.3 Hospitals and clinics – Market size and forecast 2021-2026 Exhibit 28: Chart on Hospitals and clinics – Market size and forecast 2021-2026 ($ million) Exhibit 29: Data Table on Hospitals and clinics – Market size and forecast 2021-2026 ($ million) Exhibit 30: Chart on Hospitals and clinics – Year-over-year growth 2021-2026 (%) Exhibit 31: Data Table on Hospitals and clinics – Year-over-year growth 2021-2026 (%)5.4 Ambulatory surgical centers – Market size and forecast 2021-2026 Exhibit 32: Chart on Ambulatory surgical centers – Market size and forecast 2021-2026 ($ million) Exhibit 33: Data Table on Ambulatory surgical centers – Market size and forecast 2021-2026 ($ million) Exhibit 34: Chart on Ambulatory surgical centers – Year-over-year growth 2021-2026 (%) Exhibit 35: Data Table on Ambulatory surgical centers – Year-over-year growth 2021-2026 (%)5.5 Research and academic institutions – Market size and forecast 2021-2026 Exhibit 36: Chart on Research and academic institutions – Market size and forecast 2021-2026 ($ million) Exhibit 37: Data Table on Research and academic institutions – Market size and forecast 2021-2026 ($ million) Exhibit 38: Chart on Research and academic institutions – Year-over-year growth 2021-2026 (%) Exhibit 39: Data Table on Research and academic institutions – Year-over-year growth 2021-2026 (%)5.6 Market opportunity by End-user Exhibit 40: Market opportunity by End-user ($ million)
6 Customer Landscape
6.1 Customer landscape overview Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation Exhibit 42: Chart on Market share by geography 2021-2026 (%) Exhibit 43: Data Table on Market share by geography 2021-2026 (%)7.2 Geographic comparison Exhibit 44: Chart on Geographic comparison Exhibit 45: Data Table on Geographic comparison7.3 North America – Market size and forecast 2021-2026 Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million) Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million) Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%) Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)7.4 Europe – Market size and forecast 2021-2026 Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million) Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million) Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%) Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)7.5 Asia – Market size and forecast 2021-2026 Exhibit 54: Chart on Asia – Market size and forecast 2021-2026 ($ million) Exhibit 55: Data Table on Asia – Market size and forecast 2021-2026 ($ million) Exhibit 56: Chart on Asia – Year-over-year growth 2021-2026 (%) Exhibit 57: Data Table on Asia – Year-over-year growth 2021-2026 (%)7.6 Rest of World (ROW) – Market size and forecast 2021-2026 Exhibit 58: Chart on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million) Exhibit 59: Data Table on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million) Exhibit 60: Chart on Rest of World (ROW) – Year-over-year growth 2021-2026 (%) Exhibit 61: Data Table on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)7.7 US – Market size and forecast 2021-2026 Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million) Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million) Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%) Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)7.8 Germany – Market size and forecast 2021-2026 Exhibit 66: Chart on Germany – Market size and forecast 2021-2026 ($ million) Exhibit 67: Data Table on Germany – Market size and forecast 2021-2026 ($ million) Exhibit 68: Chart on Germany – Year-over-year growth 2021-2026 (%) Exhibit 69: Data Table on Germany – Year-over-year growth 2021-2026 (%)7.9 UK – Market size and forecast 2021-2026 Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ million) Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ million) Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 (%) Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 (%)7.10 China – Market size and forecast 2021-2026 Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ million) Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ million) Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%) Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)7.11 Canada – Market size and forecast 2021-2026 Exhibit 78: Chart on Canada – Market size and forecast 2021-2026 ($ million) Exhibit 79: Data Table on Canada – Market size and forecast 2021-2026 ($ million) Exhibit 80: Chart on Canada – Year-over-year growth 2021-2026 (%) Exhibit 81: Data Table on Canada – Year-over-year growth 2021-2026 (%)7.12 Market opportunity by geography Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers8.2 Market challenges8.3 Impact of drivers and challenges Exhibit 83: Impact of drivers and challenges in 2021 and 20268.4 Market trends
9 Vendor Landscape
9.1 Overview9.2 Vendor landscape Exhibit 84: Overview on Criticality of inputs and Factors of differentiation9.3 Landscape disruption Exhibit 85: Overview on factors of disruption9.4 Industry risks Exhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered Exhibit 87: Vendors covered10.2 Market positioning of vendors Exhibit 88: Matrix on vendor position and classification10.3 Abbott Laboratories Exhibit 89: Abbott Laboratories – Overview Exhibit 90: Abbott Laboratories – Business segments Exhibit 91: Abbott Laboratories – Key news Exhibit 92: Abbott Laboratories – Key offerings Exhibit 93: Abbott Laboratories – Segment focus10.4 Brainlab AG Exhibit 94: Brainlab AG – Overview Exhibit 95: Brainlab AG – Product / Service Exhibit 96: Brainlab AG – Key offerings10.5 Canon Inc. Exhibit 97: Canon Inc. – Overview Exhibit 98: Canon Inc. – Business segments Exhibit 99: Canon Inc. – Key news Exhibit 100: Canon Inc. – Key offerings Exhibit 101: Canon Inc. – Segment focus10.6 General Electric Co. Exhibit 102: General Electric Co. – Overview Exhibit 103: General Electric Co. – Business segments Exhibit 104: General Electric Co. – Key news Exhibit 105: General Electric Co. – Key offerings Exhibit 106: General Electric Co. – Segment focus10.7 Hitachi Ltd. Exhibit 107: Hitachi Ltd. – Overview Exhibit 108: Hitachi Ltd. – Business segments Exhibit 109: Hitachi Ltd. – Key offerings Exhibit 110: Hitachi Ltd. – Segment focus10.8 Koninklijke Philips NV Exhibit 111: Koninklijke Philips NV – Overview Exhibit 112: Koninklijke Philips NV – Business segments Exhibit 113: Koninklijke Philips NV – Key news Exhibit 114: Koninklijke Philips NV – Key offerings Exhibit 115: Koninklijke Philips NV – Segment focus10.9 Medtronic Plc Exhibit 116: Medtronic Plc – Overview Exhibit 117: Medtronic Plc – Business segments Exhibit 118: Medtronic Plc – Key news Exhibit 119: Medtronic Plc – Key offerings Exhibit 120: Medtronic Plc – Segment focus10.10 Olympus Corp. Exhibit 121: Olympus Corp. – Overview Exhibit 122: Olympus Corp. – Business segments Exhibit 123: Olympus Corp. – Key news Exhibit 124: Olympus Corp. – Key offerings Exhibit 125: Olympus Corp. – Segment focus10.11 Siemens AG Exhibit 126: Siemens AG – Overview Exhibit 127: Siemens AG – Business segments Exhibit 128: Siemens AG – Key news Exhibit 129: Siemens AG – Key offerings Exhibit 130: Siemens AG – Segment focus10.12 Stryker Corp. Exhibit 131: Stryker Corp. – Overview Exhibit 132: Stryker Corp. – Business segments Exhibit 133: Stryker Corp. – Key news Exhibit 134: Stryker Corp. – Key offerings Exhibit 135: Stryker Corp. – Segment focus
11 Appendix
11.1 Scope of the report11.2 Inclusions and exclusions checklist Exhibit 136: Inclusions checklist Exhibit 137: Exclusions checklist11.3 Currency conversion rates for US$ Exhibit 138: Currency conversion rates for US$11.4 Research methodology Exhibit 139: Research methodology Exhibit 140: Validation techniques employed for market sizing Exhibit 141: Information sources11.5 List of abbreviations Exhibit 142: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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