A new report by Global Industry Analysts, Inc. estimates that the global radiation therapy equipment market to reach US$3.6 billion by the year 2015. Rising incidence of cancer and aging population are expected to propel demand for radiation therapy, globally. Other driving factors include increases in number of diagnosed cancer cases, technological advancements, and rising demand for new applications.
To review the full press release by GIA, please visit PRWeb for further information.
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Global Radiation Therapy Equipment Market to Reach US$3.6 Billion by 2015
Kevin Anderson - Wednesday, October 27, 2010
Latest Research Shows Tenfold Difference Between Supply and Demand for Radiation Therapy Over Next 10 Years
Kevin Anderson - Wednesday, October 20, 2010
New research from The University of Texas MD Anderson Cancer Center projects that between 2010 and 2020, the demand for radiation therapy will exceed the number of radiation oncologists practicing in the U.S. tenfold. Over the next decade, the study estimates that the number of cancer patients requiring radiation therapy will increase by 22%, while the number of full-time equivalent radiation oncologists entering the workforce will increase by just 2%.
The study was published in the October 18, 2010 issue of The Journal of Clinical Oncology. Benjamin Smith, M.D., assistant professor in the Department of Radiation Oncology at MD Anderson and lead author of the study, shared that radiation therapy is critical in the cancer care continuum, making the need for solutions that will resolve the gap a priority to continue providing the best cancer care possible.
The study was published in the October 18, 2010 issue of The Journal of Clinical Oncology. Benjamin Smith, M.D., assistant professor in the Department of Radiation Oncology at MD Anderson and lead author of the study, shared that radiation therapy is critical in the cancer care continuum, making the need for solutions that will resolve the gap a priority to continue providing the best cancer care possible.
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