Radiation Therapy & Diagnostic Imaging Equipment Market - Forecast (2021 - 2026)
Radiation Therapy & Diagnostic Imaging Equipment Market size is anticipated to reach $13,430 million by the end of 2026 growing at a CAGR of 6.0% during the forecast period 2021-2026. The radiation therapy & diagnostic imaging equipment industry growth rate is attributed to the rise in incidence of diseases, such as cancer and other chronic ailments requiring radiation therapy across the globe and is anticipated to bring new opportunities. Radiation therapy uses high energy rays to kill dysfunctional cells, such as cancer cells, and arrest the growth and division of these cells. Radiations are created from a computer (external radiation) such as Linear Accelerators (LINAC) or from a small container of radioactive material. Diagnostic imaging equipment uses electromagnetic radiation to create images of the human body's internal structures for accurate diagnosis using computed tomography (CT) scanners, magnetic resonance imaging (MRI) systems. Apart from this, the industry ...