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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402583

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402583

Philippines Radiotherapy Market, By Radiation Therapy Type (External-Beam Radiation Therapy, Internal Radiation Therapy, Others, By Application, By End User

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Philippines radiotherapy market is expected to reach US$ 33 Mn by 2030, from US$ 22.4 Mn in 2023, at a CAGR of 5.7% during the forecast period.

Report Coverage Report Details
Base Year: 2022 Market Size in 2023: US$ 22.4 Mn
Historical Data for: 2018 to 2021 Forecast Period: 2023 - 2030
Forecast Period 2023 to 2030 CAGR: 5.70% 2030 Value Projection: US$ 33 Mn
Figure 1. Philippines Radiotherapy Market Share (%), By End User, 2023
Philippines Radiotherapy Market - IMG1

Radiotherapy, also known as radiation therapy, is a common medical treatment used in the Philippines, as it is in many countries, to treat various medical conditions, primarily cancer. Radiotherapy involves the use of high-energy radiation, such as X-rays or gamma rays, to target and destroy cancer cells or shrink tumors. It can be used alone or in combination with other treatments, like surgery or chemotherapy. In the Philippines, radiotherapy services are typically offered at specialized medical facilities, including cancer centers, hospitals, and radiation therapy centers.

Market Dynamics:

The rising prevalence of cancer, government initiatives, and initiatives taken by private players in this country are major factors expected to propel growth of the Philippines radiotherapy market. Moreover, the adoption of modern radiotherapy equipment and techniques, such as Intensity-Modulated Radiation Therapy (IMRT), Image-Guided Radiation Therapy (IGRT), and Stereotactic Radiosurgery, has improved treatment outcomes and reduced side effects. These technological advancements are driving the growth of the Philippines radiotherapy market. Additionally, private hospitals and cancer treatment centers in the Philippines are investing in state-of-the-art radiotherapy facilities to meet the growing demand for cancer treatment services. These private sector investments contribute to the expansion of the market.

For instance, with the rise in the burden of cancer, the usage of radiotherapy is anticipated to increase over the forecasted period.

Key features of the study:

  • This report provides in-depth analysis of the Philippines radiotherapy market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the Philippines radiotherapy market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Elekta AB, Accuray Incorporated, Varian Medical Systems Inc., RaySearch Laboratories AB, Mevion Medical Systems Inc., Isoray Inc., Nordion Inc., Becton, Dickinson and Company, Ion Beam Applications SA, Hitachi Ltd., GE HealthCare, RefleXion Medical, Canon Medical Systems Corporation, ALCEN (PMB), and Siemens Healthineers.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The Philippines radiotherapy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Philippines radiotherapy market

Detailed Segmentation

  • By Radiation Therapy Type
    • External-Beam Radiation Therapy
    • Three-dimensional conformal radiation therapy (3D-CRT)
    • Intensity modulated radiation therapy (IMRT)
    • Proton beam therapy
    • Image-guided radiation therapy (IGRT)
    • Stereotactic radiation therapy (SRT)
    • Internal Radiation Therapy
    • Permanent Implants
    • Temporary Internal Radiation Therapy
    • Others
    • Intraoperative Radiation Therapy (IORT)
    • Systemic Radiation Therapy
    • Radioimmunotherapy
    • Radiosensitizers and Radioprotectors
  • By Application
    • Breast Cancer
    • Lung Cancer
    • Cervical Cancer
    • Prostate Cancer
    • Head & Neck Cancer
    • Others (Hematologic Cancer, among others)
  • By End Users
    • Hospitals & Clinics
    • Cancer Centres
    • Research & Academic Institutes
  • Company Profiles:
    • Elekta AB
    • Accuray Incorporated
    • Varian Medical Systems Inc.
    • RaySearch Laboratories AB
    • Mevion Medical Systems Inc.
    • Isoray Inc.
    • Nordion Inc.
    • Becton, Dickinson and Company
    • Ion Beam Applications SA
    • Hitachi Ltd.
    • GE HealthCare
    • RefleXion Medical
    • Canon Medical Systems Corporation
    • ALCEN (PMB)
    • Siemens Healthineers
Product Code: CMI2601

Table of Contents:

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Philippines Radiotherapy, By Radiation Therapy Type
    • Market Philippines Radiotherapy, By Application
    • Market Philippines Radiotherapy, By End User
    • Market Philippines Radiotherapy, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Rising prevalence of cancer
    • Increase in Healthcare expenditure
    • Collaboration with international organizations
  • Impact Analysis
  • Key Highlights
  • Regulatory Scenario
  • Product launch/Approvals
  • PEST Analysis
  • PORTER's Analysis
  • Merger and Acquisition Scenario

4. Philippines Radiotherapy Market - Impact of Coronavirus (COVID-19) Pandemic

  • COVID-19 Epidemiology
  • Supply Side and Demand Side Analysis
  • Economic Impact

5. Philippines Radiotherapy Market, By Radiation Therapy Type, 2018-2030, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • External-Beam Radiation Therapy
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Three-dimensional conformal radiation therapy (3D-CRT)
  • Intensity modulated radiation therapy (IMRT)
  • Proton beam therapy
  • Image-guided radiation therapy (IGRT)
  • Stereotactic radiation therapy (SRT)
  • Internal Radiation Therapy
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Permanent Implants
  • Temporary Internal Radiation Therapy
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Intraoperative Radiation Therapy (IORT)
  • Systemic Radiation Therapy
  • Radioimmunotherapy
  • Radiosensitizers and Radioprotectors

6. Philippines Radiotherapy Market, By Application, 2018-2030, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • Breast Cancer
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Lung Cancer
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Cervical Cancer
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Prostate Cancer
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Head & Neck Cancer
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)

7. Philippines Radiotherapy Market, By End User, 2018-2030, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • Hospitals & Clinics
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Cancer Centres
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
  • Research & Academic Institutes
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)

8. Competitive Landscape

  • Elekta AB
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Accuray Incorporated
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Varian Medical Systems Inc.
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • RaySearch Laboratories AB
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Mevion Medical Systems Inc.
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Isoray Inc.
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Nordion Inc.
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Becton, Dickinson and Company
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Ion Beam Applications SA
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Hitachi Ltd.
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • GE HealthCare
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • RefleXion Medical
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Canon Medical Systems Corporation
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • ALCEN (PMB)
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Siemens Healthineers
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Analyst Views

9. Section

  • Research Methodology
  • About us
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