Linear Accelerators For Radiation MarketSize and Trends

Linear Accelerators for Radiation Market Drivers

Increasing number of initiatives by various government and private organizations in early diagnosis of cancer, increases the survival rate, and reduces cancer mortality rate, and this is expected to help to boost market growth of linear accelerators for radiation. For instance, in February 2017, World Health Organization (WHO) proposed new guidelines to improve survival rate of people living with cancer, by ensuring that health service providers can focus on diagnosing and treating the disease earlier. WHO proposed three steps to early diagnosis are: improve public awareness of different cancer symptoms, invest in strengthening and equipping health services and training and ensuring people living with cancer can access safe and effective treatment. Moreover, Cancer Research UK organized Early Diagnosis Research Conference in February 2017, to share and discuss latest developments in early diagnosis research.

Growth of the linear accelerators for radiation market size is driven by increasing prevalence and incidence of various types of cancer, along with growing patient awareness programs by government and private organizations, and rising adoption of radiotherapy in cancer treatment. For instance, according to the Cancer Atlas: 2017, there were an estimated 14.1 million new cancer cases in 2012. Moreover, India, China, and other East and Central Asian countries accounted for nearly half of world’s new cancer cases and deaths, in 2017. Furthermore, according to the same source, by 2025, there will be an estimated 19.3 million new cancer cases and 11.4 million cancer deaths, in less developed regions.

According to data findings by the World Health Organization (WHO), in February 2018, cancer is the second-leading cause of death globally, accounting for 8.8 million deaths in 2015. Also, the number of new cases of cancer is expected to rise by 70% in the near future, globally, according to the same source. According to the International Agency for Research on Cancer (IARC), in 2012, an estimated 14.1 million new cancer cases were reported. Among these, the most common form of cancer was lung cancer (13%), breast cancer (11.9%), and colorectal cancer (9.7%), globally. According to the World Cancer Research Fund (WCRF) International, 2015 data findings, 58% of the lung cancer cases were reported in the emerging economies, in 2014. Hungary had the highest rate of lung cancer, followed by Serbia, and North Korea. Moreover, highest incidence of lung cancer was registered in North America and Europe, for the same year. Moreover, according to the Cancer Research UK, 2015 statistics, 55,122 new cases of breast cancer were registered in 2015, U.K. In the U.K., breast cancer was the most common cancer, accounting for 15% of all new cancer cases in 2015. Furthermore, in 2014, 7% cases of breast cancer were registered among the total cancer deaths in the U.K., according to the same source.