Global Radiation Oncology Treatment Planning Software Market by Offering, Therapy Type, Organization Size, and Region


Radiation Oncology Treatment Planning Software Market

The global radiation oncology treatment planning software market is expected to grow at a CAGR of 8.9% during the forecast period (2022-2030).

PUNE, MAHARASHTRA, INDIA, March 18, 2022 /EINPresswire.com/ — Sector analysis – Global Radiation Oncology Treatment Planning Software Market

According to Absolute overview of the markets Report, the software segment accounted for the highest market share in 2021 and is expected to maintain its dominance over the forecast period (2022-2030) in the radiation oncology treatment planning software market. The growth of this segment can be attributed to the increasing adoption of software to plan the line of treatment with the aim of improving treatment accuracy and improving patient outcomes. The introduction of such software has eliminated the number of errors and provides reliable access to patient information and disease history. Also, it helps in smoothly integrating the computerized data sources and enables the natural workflow, thus delivering the processing efficiently. Additionally, it helps to reduce transcription errors, which reduces patient waiting time. The major players in the market are offering various software to meet the growing demand from the patients. For example, Accuray offers the Accuray Multi-Plan Treatment Planning System which allows healthcare professionals to generate high-quality treatment plans for the cyberknife robotic radiosurgery system. These flexible and personalized treatment plans can be created quickly, allowing for fast and accurate treatment delivery.

The integration of artificial intelligence is expected to create an opportunity for the radiation oncology treatment planning software market growth over the forecast period. The development of AI-based tools enables effective radiotherapy planning. Additionally, it helps patients start radiation therapy sooner by translating complex clinical data into an optimal plan, reducing the chances of cancer spreading. Additionally, market players are focusing on research and development activities that drive the growth of the market. For example, in October 2020, Mayo Clinic and Google Health announced a joint research-focused initiative on applying artificial intelligence (AI) to radiation therapy planning, a critical part of cancer care. In a similar case, in 2018, Siris Medical, Inc., offered the new PlanMDTM software, which enables radiation oncology clinical teams to leverage patient data and artificial intelligence to effectively empower their treatment decisions. Additionally, it is the first and only tool that allows the physician to see the effect of contour editing in real time, without re-optimizing or rescheduling.

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Scope of the Global Radiation Oncology Treatment Planning Software Market:

• Global Market Size and Forecast Values ​​(2015-2030), in terms of Revenue (USD Million) by Segments/Sub-segments; where 2015 to 2020 was considered as historical years, 2021 as the base year, while 2022 to 2030 was considered as the forecast period.
• Breakdown of market revenue (USD Million) across all relevant segments and sub-segments across all major regions/countries.
• Technology trends
• Macro-economic and micro-economic indicators
• Market determinants and influencing factors
• Market dynamics (drivers, restraints, opportunities and challenges)
• Global and Regional Impact of Covid-19 on Global Radiation Oncology Treatment Planning Software Market
• Porter’s five forces analysis
• Competitive benchmarking: (global presence and growth strategies (mergers and acquisitions, R&D initiatives, product launches, investment trends))
• Market share analysis, 2021
• Detailed information of major market players operating in the market, including company details information, company overview, product offerings, key developments, financial analysis, SWOT analysis and business strategies.
• We have reports available in different languages, including German, Russian, Korean, French, Chinese, Arabic, Spanish, Japanese and other languages.
• We provide the ability to customize region-specific reports that will cover exclusive information about regions and their respective countries (i.e. North America, Europe, Asia-Pacific, Middle East and Africa, Latin America)

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Key Findings – Global Radiation Oncology Treatment Planning Software Market:

• In terms of supply, the software segment accounted for the largest market share and is expected to grow at the fastest rate with the integration of machine learning and artificial intelligence. Additionally, real-time monitoring using this software is expected to create an opportunity for market growth.
• By indication, the volumetric modulated arc therapy (VMAT) segment had the highest market share as it enables rapid delivery of radiotherapy and results in better compliance.
• By size of organization, small and medium-sized businesses are likely to experience the fastest growth rate due to the growing number of mid-sized organizations across the country and increased research and development.
• By end use, hospitals accounted for a major share of the market in 2021 and are expected to witness the fastest growth in the future, owing to the growing number of hospitals and increasing adoption of treatment planning software by them to meet the needs of the patient.
• By region, Asia-Pacific is expected to be the fastest growing region due to increased initiatives to improve cancer treatment and expand healthcare infrastructure.

Competitive landscape

Some of the major players operating in the global radiation oncology treatment planning software market are:
• Built-in Accuray
• Brain lab
• Cerner Corporation
• Elekta AB (pub)
• GMV GROUP
• Koninklijke Philips NV
• Prowess Inc.
• RaySearch Laboratories
• Siemens Healthcare Private Limited
• Varian Medical Systems, Inc.
• Other market players

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Global Radiation Oncology Treatment Planning Software Market:

By offering
• Software
o On site
o Cloud
• Services

By type of therapy
• Stereotactic radiosurgery (SRS)
• 3D conformal radiotherapy (3D CRT)
• Brachytherapy
• Stereotactic Body Radiation Therapy (SBRT)
• Intensity Modulated Radiation Therapy (IMRT)
• Volumetric Modulated Arc Therapy (VMAT)
• Others

By organization size
• Small and medium organizations
• Large organizations

By end users
• Hospitals
• Clinics
• Cancer treatment centers
• Others

By region
• North America (United States, Canada, Mexico, rest of North America)
• Europe (France, United Kingdom, Spain, Germany, Italy, Nordic countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, Netherlands, Luxembourg), Rest of Europe
• Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
• Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Kuwait, South Africa, Rest of Middle East and Africa)
• Latin America (Brazil, Argentina, rest of Latin America)

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Main related reports:
• Global radiotherapy market-https://www.absolutemarketsinsights.com/reports/Global-Radiation-Therapy-Market-2019-2027-690
• Global medical technology market –https://www.absolutemarketsinsights.com/reports/Global-Medical-Technology-Market-2019-2027-265
• Global Health Technology Market –https://www.absolutemarketsinsights.com/reports/HealthTech-Market-2019-%E2%80%93-2027-738

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