Radiation Therapy Market Size, Share and Trends 2026 to 2035

Revenue, 2025

USD 8.15 Bn

Forecast Year, 2035

USD 19.29 Bn

CAGR, 2026 - 2035

9%

Report Coverage

Global

What is the Radiation Therapy Market Size?

The global radiation therapy market size is calculated at USD 8.15 billion in 2025 and is predicted to increase from USD 8.64 billion in 2026 to approximately USD 19.29 billion by 2035, expanding at a CAGR of 9% from 2026 to 2035.

Radiation Therapy Market Key Takeaways

• North America has accounted revenue share of around 39% in 2025.
• APAC is expected to reach a CAGR of 7.6% from 2026 to 2035.
• By type, external beam therapy has captured a market share of 81%.
• By application, the breast cancer segment has contributed the highest market share in 2025.
• By end-users, the hospitals segment held the highest revenue share 72% in 2025.

Market Overview

Radiation therapy developing and increasing the market with new technologies and increased efficiency of the therapy. Radiation therapy abbreviation is RT, RTx, XRT. This therapy involves ionizing radiation which is utilise to kill the cancerous cells in the body with the death of the cells in the tumor and stop the growth of the tumor and killing the malignant cell which avoids from spreading the cancerous cell to other organs of the body. Radiation therapy is involved in killing cell in numerous types of cancer and provides with increased efficiency of the therapy which helps for killing the malignant tumour.

Radiation therapy involves ionizing radiation which helps to kill the DNA of the cancerous cell and avoid spread of the cancerous cell. Developed technologies in radiation therapy helps to drive the market of radiation therapy with increased efficiency and efficacy and increased demands from the market with increasing the number of customers expand the market of radiation therapy during the forecast period. Impact of Covid-19 on the radiation therapy with reduced demands from the medical sector for the radiation therapy with decreased visiting of patients to the hospital for treatment led to reduced market of radiation therapy. Post pandemic situation with increased number of patients and enhance visit to the hospital to cure the disease and help to boost the market of radiation therapy during the forecast period.

Why is the Global Demand for Radiation Therapy Equipment and Services Growing Strongly?

The global market for radiation therapy is on the rise as a result of the increasing number of people diagnosed with cancer and the increasing amount of advanced cancer treatment equipment being invested in by healthcare providers. Growing acceptance of minimally invasive oncology services, rapid improvements in technology for image-guided therapy, and advancements in linear accelerators all contribute to increased use of radiation therapy equipment. The rise in public knowledge of early cancer detection and the development of supportive reimbursement mechanisms are additional contributing factors to the increasing use of radiation therapy in hospitals, cancer treatment centres and other specialty clinics.

Radiation Therapy Market Growth Factors

Radiation therapy is basically involved for treating the cancer disease with increased ionizing radiation which helps to kill the cancerous cell in the body and prevention of the spread of malignant cells. Increased prevalence of cancer patients with increased demands from the market for the new technologies developed to treat the disease and enhance efficacy of the radiation therapy with improved results from the radiation therapy helps to drive the market of radiation therapy inoncologyit is involved in various types of cancer with enhance results helps to expand the market of radiation therapy during the forecast period.

Advance technologies developed in radiation therapy involved with increased demand from the medical sector for prevention of the disease helps to accelerate the market of radiation therapy. Decreased side effects of the radiation therapy depends on the dose of the drug with rising market of radiation therapy. Enhance advance technologies developed in the radiation therapy with software system embedded in the radiation therapy technology with enhance connectivity and increased performance helps to boost the market of radiation therapy during the forecast period.

Increased research and development in radiation therapy with improving the performance of the radiation therapy and increased demands due to increasing disorders and prevention of the diseases with new constant research with new launch by the key market players helps to boost the market of radiation therapy with increased revenue share during the forecast period.

Market Outlook:

• Industry Growth Overview: As the amount of cancer cases continues to grow globally, the radiation therapy market is projected to grow substantially. As healthcare providers continue adopting AI image-guided systems, adoption of proton therapies, enhanced adaptive treatment systems and cloud-enabled opportunities, the market is projected to reach significant levels.
  Sustainability Trends: Increasingly, radiation device manufacturers have begun to manufacture long-life components and energy-efficient Linear Accelerators, and reduce radiation waste in their manufacturing processes.
• Global Expansion: Governments across Asia-Pacific, Middle East, and Latin America are driving rapid adoption of the latest technologies in radiation therapy through collaboration and investment into developing countries' cancer care systems and through collaboration with leading manufacturers of radiotherapy devices.
• Startup Ecosystem: A number of new oncology-focused technology companies have begun developing new treatment simulation platforms, patient monitoring systems, AI-based treatment planning tools and cloud-centric oncology workflows.

Market Scope

Market Dynamics

Key Market Drivers

• Increasing number of patients with cancer disease - Enhance number of patients with increasing cancer disorder among the population due to changing lifestyle, dietary intake, lack of exercise, obesity which led to increasing disorder led to increased market of radiation therapy and enhance market growth with increased revenue share during the forecast period. Increasing demands from the medical sector for the radiation therapy with enhance ionizing radiation with increased efficiency of the therapy and increased performance in the oncology disorder with increased utilisation for killing the cancerous cells and prevention of malignant cells from spreading to the other parts. Which helps to boost the market of radiation therapy during the forecast period.
• Increased awareness - Spreading awareness among the people regarding the advance development introduced in the radiation therapy with increased initiative and benefits in the radiation therapy with advance technologies developed in the radiation therapy with innovative features in the radiation therapy with increased out put and enhance results and increased demands from the market help to accelerate the radiation therapy technologies with increased integration of software system with increased connectivity helps to drive the market of radiation therapy with increased market value.

Key Market Challenges

• Increased difficulty in detection of the tumour - Enhance difficulty in visualisation of the tumour and effect of ionizing radiation without affecting the other surrounding tissue utilised in treatment of the cancer which only involves killing only the cancerous cells with increased challenge to eradicate the cancerous cell which involves killing of the DNA. Which required increased safety margin during performing the procedure with increased risk may decline the radiation therapy market.
• High cost of the developed technologies - The advance developed technologies in the radiation therapy with increased efficiency and enhance performance of radiation therapy in oncology and improved software system. which led to increased cost of the radiation therapy and reduced demands from the customer due to enhance cost of the treatment may hamper the market of radiation therapy during the forecast period.
• Lack of skill - Development of new technologies in radiation therapy with innovative facilities integrated in the therapy with enhance ionizing radiation which require improved skills for performing the procedure involved in radiation therapy. Lack of skill among the individual to carry out the procedure may reduce the market of radiation therapy during the forecast period.

Key Market Opportunities

• Enhance investment - Increased research and development with new technologies developed in radiation therapy with improved results and enhance research with increasing investment from the private companies for developing the new technology and enhance treatment in oncology disorder and killing the cancerous cells effectively with increased output and growing the radiation therapy market with increased revenue share during the forecast period.
• Increased government support - Enhance government support for developing new technologies in radiation therapy with increased performance from the treatment with increased demands and support developing with increase in research and technologies and increased investment from the government for various regions with increased number of policies such as reimbursement so that common people also can take the benefit of the treatment. Which led to increased opportunity in radiation therapy during the forecast period.

Segment Insights

Regional Insights

U.S. Radiation Therapy Market Size and Growth 2025 To 2034

The U.S. radiation therapy market size is exhibited at USD 2.24 billion in 2025 and is projected to be worth around USD 5.53 billion by 2035, growing at a CAGR of 9.46% from 2026 to 2035.

On the basis of geography in the segmentation of radiation therapy, North America is the largest with enhanced market share and increased market value of radiation therapy with increasing technologies in radiation therapy with rising demands from the market in the medical sector with rising chronic disorders such as cancer.

Increased investment from the key market players for the development of new technologies in the market with increased efficiency. Asia Pacific region with significant growth in radiation with increased market growth and developed technologies. Which helps to boost the marker of radiation therapy. Other major regions such as Latin America, Europe, the Middle East, and Africa help to contribute to the growth of radiation therapy during the forecast period.

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How Are European Countries Seeing Accelerated Adoption of Radiotherapy?

Radiotherapy is gaining popularity in Europe for multiple reasons, as evidenced by continuing investment in radiotherapy within European nations with strong foundations for cancer treatment and successful development of precision systems. Countries like Germany, France and the U.K. continue to invest heavily in developing new technologies to treat patients through stereotactic radiosurgery and new ways to use protons for treating cancer.

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Why Latin America Has Seen Rapid Growth in Radiotherapy?

Latin America is continuing to experience increased market opportunities as hospitals strengthen the capabilities of their facilities with radiotherapy, due to a rapid rise in the number of cases of cancer. The continuing modernization of the field of radiotherapy by the countries of Latin America can be attributed to the investments made by local governments to upgrade the capabilities of hospital facilities with new linear accelerators, imaging-based treatment planning and treatment delivery systems. Countries such as Brazil, Mexico and Argentina are increasingly working with international companies to purchase radiotherapy equipment, obtain training for staff and develop digital methodologies to plan and deliver treatments.

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Radiation Therapy Market Companies

• Nordion Inc
• Siemens healthcare
• Mevion medical system, Inc
• Isoray, Inc, Icad, Inc
• Becton Dickinson and Company
• Ion Beam Appications SA
• Elekta AB
• Eckert & Zeigler Group
• Accuray Incorporated
• Varian Medical Syatems, Inc
• NTP Radioisotopes SOC Ltd
• Curium Pharma, C.R.BARD , Inc
• IBA Radiopharma Solutions
• ViewRay, Inc
• P-cure Ltd
• ZEISS Group
• Panacea Medical Technologies
• Hitachi Ltd

Segments Covered in the Report