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Part of: Radiotherapy Market (Global)

The US Radiotherapy Market was valued at $2810.5 Million in 2026 and projected to reach to $3659 Million by 2031, representing a compound annual growth rate of CAGR 5.4%. The US radiotherapy market is poised for sustained growth through 2031, driven by increasing cancer diagnoses, an aging demographic, and continuous technological advancements in treatment delivery.

US Radiotherapy Market (2026-2031) : Size and Share
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Market Size in USD 26.32 MN
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US Radiotherapy Market Trends and Insights

  • The US radiotherapy sector is driven by increasing cancer incidence, aging demographics, and technological advancements in treatment delivery systems.
  • The US market benefits from robust healthcare infrastructure, high adoption of advanced radiotherapy technologies, and significant investment in oncology research and development. In the US, radiotherapy demand is supported by rising prevalence of malignancies, improved reimbursement policies, and growing patient awareness of treatment options.
  • The US radiotherapy market is characterized by strong competition among established medical device manufacturers and emerging innovators.
  • Between 2026 and 2031, the US market will experience steady expansion driven by precision medicine adoption, integration of artificial intelligence in treatment planning, and expansion of radiotherapy centers across underserved regions..

Key Market Statistics

  • CAGR (2026-2031) CAGR 5.4%
  • Market Size, 2026 ~USD 2810.5 Million
  • Forecast, 2031 ~USD 3659 Million
  • Country US

US Radiotherapy Market Overview

Market Size & Growth :

The US radiotherapy market is valued at $2,810.5 million in 2026 and is projected to reach $3,659.0 million by 2031, representing a steady CAGR of 5.4% over the forecast period.

Cancer Incidence Drivers :

Rising cancer prevalence in the US, coupled with an aging population, is significantly driving demand for advanced radiotherapy treatments and expanding patient treatment volumes across healthcare facilities.

Technological Innovation :

The US market is characterized by rapid adoption of cutting-edge treatment delivery systems, including intensity-modulated radiation therapy (IMRT), image-guided radiotherapy (IGRT), and proton therapy technologies.

Healthcare Infrastructure :

Strong healthcare infrastructure, high insurance penetration, and favorable reimbursement policies in the US support widespread adoption and investment in advanced radiotherapy equipment and services.

US Radiotherapy Market Dynamics

  • Healthcare providers are investing heavily in next-generation radiotherapy systems to improve treatment precision and patient outcomes.
  • The market benefits from robust reimbursement frameworks and strong healthcare spending, enabling hospitals and cancer centers to upgrade their radiotherapy infrastructure.
  • Additionally, growing awareness of personalized cancer treatment and the shift toward value-based care models are accelerating adoption of advanced radiotherapy modalities across the US healthcare system..

Related Ecosystem

Medical Devices

Top Technologies
  • Polymerase Chain Reaction (PCR)
  • Magnetic Resonance Imaging (MRI)
  • Disposable Autoinjectors
  • Pulse Oximeters
  • Blood Pressure Monitors
Top Companies
  • Medtronic plc
  • Abbott Laboratories
  • Stryker Corporation
  • Becton, Dickinson and Company
  • CONMED Corporation

    Key Takeaways

    • The US radiotherapy market will grow from $2,810.5M (2026) to $3,659.0M (2031) at a 5.4% CAGR.
    • The US market is driven by rising cancer incidence, aging population, and advanced treatment technologies.
    • The US radiotherapy sector benefits from strong healthcare infrastructure and high reimbursement rates.
    • The US market will see increased adoption of AI-driven treatment planning and precision medicine between 2026–2031.

    Radiotherapy Market Report Scope

    Report Metric Details
    Base Year 2026
    Fastest Growing Segment SYNCHROTRONS (System Type)
    Forecast Period 2026–2031
    Growth Rate CAGR of 6% from 2026 to 2031
    Largest Segment EXTERNAL BEAM RADIOTHERAPY (Application)
    Market Size Base Year (Billions) ~USD 7.98 (2026)
    Revenue Forecast (Billions) ~USD 10.68 (2031)
    Segments Covered System And Software & Service 2024–2031, Application, Type, Procedure, Technology, System Type, End User, System And Software & Service

    US Radiotherapy Market Report Segmentation

    8 segment dimensions are covered across the global market.

    By System And Software & Service 2024–2031

    • Software & Services
    • Systems

    By Application

    • External Beam Radiotherapy
    • Internal Beam Radiotherapy/Brachytherapy

    By Type

    • 3D Conformal Radiotherapy
    • Afterloaders
    • Applicators
    • Breast Cancer
    • Cervical Cancer
    • Colorectal Cancer
    • Conventional Co
    • Conventional Cobalt-60 Teletherapy
    • Conventional Linacs
    • Cyberknife
    • Gamma Knife
    • Gynecological Cancer
    • Hdr Brachytherapy
    • Head & Neck Cancer
    • Image-Guided Radiotherapy
    • Intensity-Modulated Radiotherapy
    • Iort Systems
    • Ldr Brachytherapy
    • Linac
    • Linacs
    • Lung Cancer
    • Mri Linacs
    • Other Ebrt Applications
    • Other Ebrt Procedures
    • Other External Beam Radiotherapy Applications
    • Other External Beam Radiotherapy Procedures
    • Other Ibrt Applications
    • Other Internal Beam Radiotherapy/
    • Particle Therapy
    • Pdr Brachytherapy
    • Penile Cancer
    • Prostate Cancer
    • Seeds
    • Stereotactic Advanced Electron/Cobalt-60 Linacs
    • Stereotactic Therapy
    • Tomotherapy

    By Procedure

    • External Beam Radiotherapy
    • Internal Beam Radiotherapy/ Brachytherapy

    By Technology

    • External Beam Radiotherapy
    • Internal Beam Radiotherapy/ Brachytherapy
    • Internal Beam Radiotherapy/Brachytherapy

    By System Type

    • Cyclotrons
    • Synchrocyclotrons
    • Synchrotrons

    By End User

    • Hospitals
    • Independent Radiotherapy Centers

    By System And Software & Service

    • Software & Services
    • Systems

    Target Audience

    • Medical Device Manufacturers : Radiotherapy equipment and technology providers need US market data to identify growth opportunities, benchmark competitive positioning, and develop targeted strategies for the American healthcare market.
    • Healthcare Providers & Hospitals : Cancer centers and hospital networks require market insights to justify capital investments in radiotherapy infrastructure, understand adoption trends, and optimize treatment delivery capabilities.
    • Investment & Private Equity Firms : Investors evaluating opportunities in healthcare and oncology need comprehensive US market analysis to assess growth potential, valuation metrics, and risk factors for radiotherapy-related investments.
    • Pharmaceutical & Biotech Companies : Organizations developing cancer therapies need radiotherapy market data to understand treatment landscape, identify combination therapy opportunities, and plan clinical trial strategies in the US.
    • Healthcare Consultants & Analysts : Consulting firms and research analysts require detailed US radiotherapy market data to support client advisory services, competitive analysis, and strategic recommendations in oncology care.

    Key Companies in the US Radiotherapy Market

    CompanyHQOwnershipStrongest segments
    ADVANCED MEDICAL ISOTOPE CORPORATIONUnited StatesPublic CompanyIsoPet (veterinary radionuclide therapy),RadioGel and human oncology platforms,PLGA-g-PEG and PrecisionGel polymer platforms,
    UNILABSSwitzerlandPrivate CompanyCore laboratory testing,Medical imaging,Pathology and centres of excellence,
    BECTON DICKINSON AND COUnited StatesPublic CompanyMedical Essentials (syringes, needles, catheters, IV sets, sharps disposal),Connected Care & Medication Management (infusion, dispensing, pharmacy automation, informatics),BioPharma Systems (prefillable drug delivery systems),
    UNITED IMAGING HEALTHCARE CO., LTD.ChinaPublic CompanyCT and MRI systems,Molecular imaging (PET/CT, SPECT),Radiotherapy systems (uRT-linac and ecosystem),
    GE HEALTHCAREUnited StatesPublic CompanyImaging,Advanced Visualization Solutions (AVS),Patient Care Solutions (PCS),
    SIEMENS HEALTHINEERS AGGermanyPublic CompanyImaging,Diagnostics,Varian (Oncology),
    ELEKTASwedenPublic CompanyLinear accelerators and MR-Linac (Unity, Evo, Versa HD, Harmony, Infinity),Stereotactic radiosurgery (Elekta Esprit gamma knife and neurosurgery systems),Brachytherapy solutions (Elekta Studio, ImagingRing, Oncentra Brachy, Venezia, Flexitron, Geneva, Xoft Axxent),
    ACCURAY INCORPORATEDUnited StatesPublic CompanyCyberKnife platform (systems + upgrades + related services),TomoTherapy / Radixact platform (systems + upgrades + related services),Software & data management (iDMS, Accuray Precision, other planning/data tools),
    HITACHI HIGH-TECH CORPORATIONJapanPrivate CompanyAnalytical & Medical Solutions (microscopes, clinical analyzers, chromatography, spectroscopy),Nano-Technology Solutions (dry etch, CD-SEM, wafer inspection, FIB),Industrial Solutions and ICT (industrial infrastructure, energy, control systems, ICT/IoT),
    SUMITOMO HEAVY INDUSTRIES, LTD.JapanPublic CompanyMechatronics (gearmotors, drives, precision positioning, cryogenic equipment),Industrial Machinery (plastics, film forming, semiconductor, medical, defense),Logistics & Construction (excavators, cranes, road and logistics systems),
    MEVION MEDICAL SYSTEMSUnited StatesPrivate CompanyMevion S250i with Hyperscan and Adaptive Aperture,Mevion S250 series (base compact systems),Mevion S250MX multi-room solution,
    KONINKLIJKE PHILIPS N.V.NetherlandsPublic CompanyDiagnostic Imaging (MR, CT, X-ray, Ultrasound),Image Guided Therapy (systems and devices),Connected Care & Monitoring (incl. enterprise informatics),
    SHINVA MEDICAL INSTRUMENT CO., LTD.ChinaPublic CompanyMedical Device Products (infection control, OR integration, radiotherapy, surgical instruments, IVD, dialysis, orthopedic implants),Pharmaceutical Equipment Products (large/small volume injection lines, BFS, freeze dryers, aseptic systems),Medical Trade Products,

    ADVANCED MEDICAL ISOTOPE CORPORATION

    Advanced Medical Isotope Corporation is a publicly traded company established in 1994 that operates in the medical isotope sector in the United States.

    UNILABS

    Unilabs is a Swiss private company founded in 1987 with 1,897 employees providing laboratory and diagnostic services.

    BECTON DICKINSON AND CO

    Becton Dickinson and Co is a publicly traded medical technology company founded in 1897 with 72,000 employees, headquartered in the United States.

    UNITED IMAGING HEALTHCARE CO., LTD.

    United Imaging Healthcare Co., Ltd. is a Chinese public company founded in 2011 with 8,703 employees specializing in medical imaging technology.

    GE HEALTHCARE

    GE Healthcare is a publicly traded healthcare company established in 2022 with 54,000 employees based in the United States.

    SIEMENS HEALTHINEERS AG

    Siemens Healthineers AG is a German public company founded in 1896 with 72,369 employees operating in the healthcare technology sector.

    ELEKTA

    Elekta is a Swedish public company founded in 1972 with 3,704 employees specializing in radiation therapy and radiosurgery solutions.

    ACCURAY INCORPORATED

    Accuray Incorporated is a publicly traded medical device company founded in 1990 with 990 employees based in the United States.

    HITACHI HIGH-TECH CORPORATION

    Hitachi High-Tech Corporation is a Japanese private company founded in 1947 with 11,482 employees providing advanced technology solutions.

    SUMITOMO HEAVY INDUSTRIES, LTD.

    Sumitomo Heavy Industries, Ltd. is a Japanese public company founded in 1888 with 25,123 employees operating across multiple industrial sectors.

    MEVION MEDICAL SYSTEMS

    Mevion Medical Systems is a private medical device company established in 2004 with 165 employees operating in the United States.

    KONINKLIJKE PHILIPS N.V.

    Koninklijke Philips N.V. is a Dutch public company founded in 1891 with 64,317 employees operating in healthcare, consumer, and industrial sectors.

    SHINVA MEDICAL INSTRUMENT CO., LTD.

    Shinva Medical Instrument Co., Ltd. is a Chinese public company founded in 1943 with 7,982 employees specializing in medical instruments.

    Reasons to Buy this Report

    • Market Size & Forecast Data : Access precise US market valuations ($2,810.5M in 2026 to $3,659M in 2031) with detailed CAGR analysis to support strategic planning and investment decisions in the American radiotherapy sector.
    • Growth Driver Analysis : Understand key US-specific growth catalysts including cancer incidence trends, aging demographics, and technological adoption patterns that directly impact market expansion and competitive positioning.
    • Competitive Landscape Intelligence : Identify market opportunities and competitive dynamics specific to the US healthcare system, including reimbursement trends, regulatory environment, and provider adoption rates for radiotherapy solutions.
    • Technology Adoption Insights : Gain detailed understanding of US adoption rates for advanced radiotherapy modalities (IMRT, IGRT, proton therapy) to inform product development, marketing, and market entry strategies.
    • Strategic Investment Guidance : Make informed decisions on capital allocation, partnerships, and expansion strategies in the US market with comprehensive data on growth trajectories, market segments, and emerging opportunities through 2031.

    Frequently asked questions

    What is the current size of the US radiotherapy market?

    The US radiotherapy market is estimated at $2,810.5 million in 2026.

    What is the projected size of the US radiotherapy market by 2031?

    The US radiotherapy market is forecast to reach $3,659.0 million by 2031.

    What is the growth rate of the US radiotherapy market?

    The US radiotherapy market is expected to grow at a CAGR of 5.4% from 2026 to 2031.

    What factors are driving growth in the US radiotherapy market?

    Key drivers in the US include rising cancer prevalence, aging demographics, technological advancements, improved reimbursement, and adoption of precision medicine and AI-driven treatment planning.

    What are the main challenges in the US radiotherapy market?

    Challenges in the US market include high capital investment requirements, workforce shortages, geographic disparities in access, and regulatory compliance complexities.

    RESEARCH METHODOLOGY

    This study involved the extensive use of both primary and secondary sources. Exhaustive secondary research was done to collect information on the radiotherapy industry. The next step was to validate these findings, assumptions, and sizing estimates with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market sizes of the radiotherapy market's segments and subsegments. The research process involved examining various factors affecting the industry to identify segmentation types, industry trends, key players, the competitive landscape, key market dynamics, and key players' strategies.

    Secondary Research

    The secondary research process involves the widespread use of secondary sources, directories, databases (such as Bloomberg Businessweek, Factiva, and D&B Hoovers), white papers, annual reports, Companies House documents, investor presentations, and SEC filings. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the radiotherapy market. It was also used to obtain important information about key players, market classification & segmentation according to industry trends, down to the bottom-most level, and key developments from market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

    The market for companies offering radiotherapy products is derived from secondary data available through paid and unpaid sources, by analyzing the product portfolios of the major companies in the ecosystem and rating them by performance and quality. Various sources were consulted during the secondary research process to identify and collect information for this study. Secondary research was used to obtain critical information on the industry's value chain, the total pool of key players, market classification, and segmentation from market- and technology-oriented perspectives.

    Primary Research

    In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing and sales directors, technology & innovation directors, and related key executives from various key companies and organizations in the radiotherapy market. The primary sources from the demand side include OEMs, private and contract testing organizations, and service providers, among others. Primary research was conducted to validate the market segmentation, identify key players in the market, and gather insights on key industry trends & key market dynamics.

    After the complete market engineering (calculations for market statistics, market breakdown, market estimation, market forecasting and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at fill primary research was also conducted to identify the segmentation types industry trends competitive landscape of radiotherapy offered by various market players and key market dynamics such as drivers, restraints, opportunities, challenges, industry trends and key players strategies.

    In the complete market engineering process, the top-down and bottom-up approaches were extensively used, along with several data regulation methods, to perform market estimation and forecasting across the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analyses were conducted across the entire market engineering process to identify key insights throughout the report.

    A breakdown of the primary respondents is provided below:

    Radiotherapy Market
 Size, and Share

    Note 1: Other designations include sales managers, marketing managers, business development managers, product managers, distributors, and suppliers.

    Note 2: Companies are classified into tiers based on their total revenue. As of 2025, Tier 1 = >USD 2 billion, Tier 2 = USD 50 million to USD 2 billion, and Tier 3 = <USD 50 million.

    To know about the assumptions considered for the study, download the pdf brochure

    Market Size Estimation

    Both top-down and bottom-up approaches were used to estimate and validate the total size of the radiotherapy market. These methods were also used extensively to estimate the size of various market segments.

    To determine the size of the global radiotherapy market, revenue share analysis was employed with the leading players. In this case, key market players have been identified, and their radiotherapy product business revenues have been determined using insights gathered during the primary and secondary research phases. Secondary research included the study of top market players' annual and financial reports. On the other hand, primary research included in-depth interviews with key opinion leaders, particularly chief executive officers, directors, and key marketing executives.

    Radiotherapy Market : Top-Down and Bottom-Up Approach

    Radiotherapy Market Top Down and Bottom Up Approach

    Data Triangulation

    After arriving at the overall market size through the market size estimation process described above, the global radiotherapy market was segmented. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Additionally, the radiotherapy market was validated using both top-down and bottom-up approaches.

    Market Definition

    The radiotherapy market includes a range of products, solutions, technologies, and services that utilize high-energy radiation for therapeutic purposes. This encompasses various types of radiation, such as X-ray, gamma, electron, and particle radiation. The technologies segment of radiotherapy features systems designed to treat diseases, primarily cancer. This includes external beam radiotherapy methods like LINAC, MRI-LINAC, and cobalt-60 teletherapy. Additionally, internal radiotherapy solutions, commonly known as brachytherapy, are also part of this market segment. Other components of the radiotherapy market include software for imaging and treatment planning. Furthermore, the market provides maintenance and training services related to radiotherapy technologies.

    Key Stakeholders

    • Radiotherapy product manufacturing companies
    • Distributors, suppliers, and commercial service providers
    • Healthcare service providers
    • Clinical research organizations (CROs)
    • Radiotherapy service providers
    • Radiotherapy product distributors
    • Medical research laboratories
    • Cancer care centers
    • Cancer research organizations
    • Academic medical centers and universities
    • Market research and consulting firms

    Report Objectives

    • To define, describe, and forecast the radiotherapy market based on offering, technology, application, procedure, end user, and region
    • To provide detailed information regarding the major factors influencing the growth potential of the global radiotherapy market (drivers, restraints, opportunities, challenges, and trends)
    • To analyze the micromarkets for individual growth trends, prospects, and contributions to the global radiotherapy market
    • To analyze key growth opportunities in the global radiotherapy market for key stakeholders and provide details of the competitive landscape for market leaders
    • To forecast the size of market segments and/or subsegments with respect to five major regions: North America (the US and Canada), Europe (Germany, the UK, France, Italy, Spain, and the Rest of Europe), Asia Pacific (Japan, China, India, Australia, South Korea, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America), and the Middle East & Africa (GCC Countries and the Rest of Middle East & Arica)
    • To profile the key players in the global radiotherapy market and comprehensively analyze their market shares and core competencies
    • To track and analyze the competitive developments undertaken in the global radiotherapy market, such as agreements, expansions, and product launches

    Available customizations:

    With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the present global radiotherapy market report:

    Product Analysis

    • Product matrix, which gives a detailed comparison of the product portfolios of the top 16 companies

    Company Information

    • Detailed analysis and profiling of additional market players (up to 15)

    Geographic Analysis

    • Further breakdown of the Rest of Europe radiotherapy market into Russia, Belgium, the Netherlands, Switzerland, Austria, Finland, Sweden, Poland, and Portugal, among others
    • Further breakdown of the Rest of Asia Pacific radiotherapy market into Singapore, Taiwan, New Zealand, the Philippines, Malaysia, and other APAC countries
    • Further breakdown of the Rest of Latin America radiotherapy market into Argentina, Chile, Peru, and Colombia, among others

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