India Radiotherapy Devices Market to Grow with a CAGR of 8.93% through 2030
Growing private
healthcare sector is expected to drive the India Radiotherapy Devices Market
growth in the forecast period, 2026-2030.
According to
TechSci Research report, “India Radiotherapy Devices Market - By Region, Competition, Forecast & Opportunities, 2030F”, the India Radiotherapy
Devices Market stood at USD 144.20 Million in 2024 and is anticipated to grow
with a CAGR of 8.93% through 2030. The
Indian government has launched several initiatives to improve cancer care and
drive the growth of the radiotherapy devices market. Through programs like the
National Cancer Control Programme (NCCP), the government aims to enhance cancer
prevention, early detection, and treatment infrastructure.
Additionally,
the establishment of specialized cancer care centers across the country, with a
focus on rural and underserved areas, has increased access to radiotherapy
services. The Pradhan Mantri Jan Arogya Yojana (PMJAY) provides financial
support for cancer treatment under the Ayushman Bharat scheme, making advanced
treatments, including radiotherapy, more affordable for low-income families.
Moreover, government-backed funding for healthcare infrastructure development
encourages private sector investment in radiotherapy devices and technologies.
These initiatives, coupled with public-private partnerships, have significantly
improved access to modern cancer care facilities and advanced radiotherapy
treatments, thereby boosting the market for radiotherapy devices in India.
The
expanding private healthcare sector in India plays a pivotal role in driving
the growth of the radiotherapy devices market. As disposable incomes rise, more
individuals are opting for private healthcare services, which are often
perceived as offering superior quality and faster access to treatments. Private
hospitals and cancer centers are investing heavily in advanced medical
technologies, including cutting-edge radiotherapy devices, to meet the
increasing demand for cancer care. These
private healthcare providers, especially in urban and semi-urban areas, are
equipped with state-of-the-art radiotherapy systems, offering patients advanced
treatment options such as image-guided radiotherapy (IGRT), intensity-modulated
radiotherapy (IMRT), and stereotactic body radiotherapy (SBRT).
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "India Radiotherapy Devices Market”
The India
Radiotherapy Devices Market is segmented into type, application, end user, regional
distribution, and company.
Based
on Application, Breast Cancer have emerged as the dominating segment in the India
Radiotherapy Devices Market in 2024. This due to its high prevalence and the
increasing focus on early detection and treatment. With breast cancer being one
of the most common cancers among women in India, the demand for effective
treatment options, including radiotherapy, has surged. Advances in screening
programs, improved awareness, and early diagnosis have led to a growing number
of breast cancer patients seeking radiotherapy as a key treatment modality,
either post-surgery or for advanced-stage management. Furthermore, the
availability of advanced radiotherapy technologies such as intensity-modulated
radiotherapy (IMRT) and image-guided radiotherapy (IGRT) has contributed to
better treatment outcomes, reduced side effects, and improved patient quality
of life. As a result, breast cancer has driven significant growth in the
radiotherapy devices market in India.
Based on Region,
West India have emerged as the fastest growing region in the India Radiotherapy
Devices Market in 2024. This
growth can be attributed to the rapid urbanization, increasing healthcare
infrastructure, and higher investment in advanced medical technologies in
cities like Mumbai, Pune, Ahmedabad, and Jaipur. Additionally, the presence of
renowned private healthcare providers and specialized cancer centers in this
region has led to a greater demand for radiotherapy devices. Rising awareness
about cancer prevention and treatment, along with government initiatives to
expand healthcare access, further contributes to the growth of the radiotherapy
devices market in West India.
Major companies
operating in India Radiotherapy Devices Market are:
- Siemens
Healthcare Diagnostics Ltd.
- Elekta
Medical Systems India Pvt. Ltd
- Koninklijke
Philips N.V.
- Accuray
Medical Equipment India Pvt. Ltd.
- Hitachi
High-Tech India Pvt. Ltd.
- Varian
Medical Systems
- Healthcare
Global Enterprises Ltd.
Download Free Sample Report
Customers can
also request for 10% free customization on this report
“Radiotherapy devices are becoming more
accessible in smaller cities across India, driven by significant improvements
in healthcare infrastructure and the introduction of mobile cancer care units.
In the past, access to advanced cancer treatments like radiotherapy was largely
limited to metropolitan areas due to the concentration of specialized
facilities and equipment. However, the growing focus on improving healthcare
accessibility in rural and semi-urban areas has led to the establishment of
more cancer care centers in these regions, equipped with state-of-the-art
radiotherapy devices”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“India Radiotherapy
Devices Market By Type (External Beam Radiation Therapy Device, Internal Beam
Radiation Therapy Device, Others), By Application (Breast Cancer, Cervical
Cancer, Colon and rectum Cancers, Stomach Cancer, Lung Cancer, Prostate Cancer,
Skin Cancer, Liver Cancer, Other), By End User (Hospitals & Clinics, Cancer
Care Centers, Others), By Region, Competition, Forecast & Opportunities,
2020-2030F”, has evaluated the future growth potential of India
Radiotherapy Devices Market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in India
Radiotherapy Devices Market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +1-332-258-6602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com