Medical Linear Accelerators (MLA) Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Medical Linear Accelerators (MLA) Market covers analysis by Product ( High-energy Machine, Medium-energy Machine, Low-energy Machine ); End Users ( Hospitals, Clinics, Research Centers ), and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00011788
  • Category : Medical Device
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

The medical linear accelerator (LINAC) is a high-energy X-ray machine that is used for the treatment of deep-seated cancers by using high-energy photons. However, medical LINACs accelerate electrons using a tuned-cavity waveguide, in which the radiofrequency (RF) power creates a standing wave. The device is most commonly used for external beam radiation treatments for patients who have cancer. Also, it emits high-energy X-rays or electrons that are targeted towards the tumor-affected region.

MARKET DYNAMICS

The medical linear accelerators (MLA) market is majorly driven by rise in prevalence of cancer. However, high costs of these devices and stringent government regulations towards medical LINACs hinder the growth of this market. Moreover, advantages of LINACs over other conventional devices and increase in awareness & availability of LINACs in medical settings boost the market growth.

MARKET SCOPE

The "Medical Linear Accelerators (MLA) Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of medical linear accelerators (MLA) market with detailed market segmentation by product, and end user. The medical linear accelerators (MLA) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in medical linear accelerators (MLA) market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The medical linear accelerators (MLA) market is segmented on the basis of product and end user. Based on product, the market is segmented as high-energy machine, medium-energy machine, and low-energy machine. On the basis of end user, the market is categorized as hospitals, clinics, and research centers.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the medical linear accelerators (MLA) market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical linear accelerators (MLA) market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting medical linear accelerators (MLA) market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical linear accelerators (MLA) market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the medical linear accelerators (MLA) market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical linear accelerators (MLA) market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting medical linear accelerators (MLA) market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical linear accelerators (MLA) market in these regions.

MARKET PLAYERS

The report covers key developments in the medical linear accelerators (MLA) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from medical linear accelerators (MLA) market are anticipated to have lucrative growth opportunities in the future with the rising demand for medical linear accelerators (MLA) in the global market. Below mentioned is the list of few companies engaged in the medical linear accelerators (MLA) market.

The report also includes the profiles of key players in medical linear accelerators (MLA) market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Accuray, Inc.
  •   Elekta AB
  •   GE Healthcare
  •   Hitachi
  •   Huiheng Medical, Inc.
  •   Koninklijke Philips N.V.
  •   Mitsubishi Heavy Industries, Ltd.
  •   Shinva Medical Instrument Co., Ltd
  •   Varian Medical Systems


The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Medical Linear Accelerators (MLA) Market - By Product
1.3.2 Medical Linear Accelerators (MLA) Market - By End Users
1.3.3 Medical Linear Accelerators (MLA) Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MEDICAL LINEAR ACCELERATORS (MLA) MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MEDICAL LINEAR ACCELERATORS (MLA) MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MEDICAL LINEAR ACCELERATORS (MLA) MARKET - GLOBAL MARKET ANALYSIS
6.1. MEDICAL LINEAR ACCELERATORS (MLA) - GLOBAL MARKET OVERVIEW
6.2. MEDICAL LINEAR ACCELERATORS (MLA) - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MEDICAL LINEAR ACCELERATORS (MLA) MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. HIGH-ENERGY MACHINE
7.3.1. Overview
7.3.2. High-energy Machine Market Forecast and Analysis
7.4. MEDIUM-ENERGY MACHINE
7.4.1. Overview
7.4.2. Medium-energy Machine Market Forecast and Analysis
7.5. LOW-ENERGY MACHINE
7.5.1. Overview
7.5.2. Low-energy Machine Market Forecast and Analysis
8. MEDICAL LINEAR ACCELERATORS (MLA) MARKET - REVENUE AND FORECASTS TO 2028 - END USERS
8.1. OVERVIEW
8.2. END USERS MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. CLINICS
8.4.1. Overview
8.4.2. Clinics Market Forecast and Analysis
8.5. RESEARCH CENTERS
8.5.1. Overview
8.5.2. Research Centers Market Forecast and Analysis
9. MEDICAL LINEAR ACCELERATORS (MLA) MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Medical Linear Accelerators (MLA) Market Overview
9.1.2 North America Medical Linear Accelerators (MLA) Market Forecasts and Analysis
9.1.3 North America Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Product
9.1.4 North America Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By End Users
9.1.5 North America Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Countries
9.1.5.1 United States Medical Linear Accelerators (MLA) Market
9.1.5.1.1 United States Medical Linear Accelerators (MLA) Market by Product
9.1.5.1.2 United States Medical Linear Accelerators (MLA) Market by End Users
9.1.5.2 Canada Medical Linear Accelerators (MLA) Market
9.1.5.2.1 Canada Medical Linear Accelerators (MLA) Market by Product
9.1.5.2.2 Canada Medical Linear Accelerators (MLA) Market by End Users
9.1.5.3 Mexico Medical Linear Accelerators (MLA) Market
9.1.5.3.1 Mexico Medical Linear Accelerators (MLA) Market by Product
9.1.5.3.2 Mexico Medical Linear Accelerators (MLA) Market by End Users
9.2. EUROPE
9.2.1 Europe Medical Linear Accelerators (MLA) Market Overview
9.2.2 Europe Medical Linear Accelerators (MLA) Market Forecasts and Analysis
9.2.3 Europe Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Product
9.2.4 Europe Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By End Users
9.2.5 Europe Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Medical Linear Accelerators (MLA) Market
9.2.5.1.1 Germany Medical Linear Accelerators (MLA) Market by Product
9.2.5.1.2 Germany Medical Linear Accelerators (MLA) Market by End Users
9.2.5.2 France Medical Linear Accelerators (MLA) Market
9.2.5.2.1 France Medical Linear Accelerators (MLA) Market by Product
9.2.5.2.2 France Medical Linear Accelerators (MLA) Market by End Users
9.2.5.3 Italy Medical Linear Accelerators (MLA) Market
9.2.5.3.1 Italy Medical Linear Accelerators (MLA) Market by Product
9.2.5.3.2 Italy Medical Linear Accelerators (MLA) Market by End Users
9.2.5.4 Spain Medical Linear Accelerators (MLA) Market
9.2.5.4.1 Spain Medical Linear Accelerators (MLA) Market by Product
9.2.5.4.2 Spain Medical Linear Accelerators (MLA) Market by End Users
9.2.5.5 United Kingdom Medical Linear Accelerators (MLA) Market
9.2.5.5.1 United Kingdom Medical Linear Accelerators (MLA) Market by Product
9.2.5.5.2 United Kingdom Medical Linear Accelerators (MLA) Market by End Users
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Medical Linear Accelerators (MLA) Market Overview
9.3.2 Asia-Pacific Medical Linear Accelerators (MLA) Market Forecasts and Analysis
9.3.3 Asia-Pacific Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By End Users
9.3.5 Asia-Pacific Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Medical Linear Accelerators (MLA) Market
9.3.5.1.1 Australia Medical Linear Accelerators (MLA) Market by Product
9.3.5.1.2 Australia Medical Linear Accelerators (MLA) Market by End Users
9.3.5.2 China Medical Linear Accelerators (MLA) Market
9.3.5.2.1 China Medical Linear Accelerators (MLA) Market by Product
9.3.5.2.2 China Medical Linear Accelerators (MLA) Market by End Users
9.3.5.3 India Medical Linear Accelerators (MLA) Market
9.3.5.3.1 India Medical Linear Accelerators (MLA) Market by Product
9.3.5.3.2 India Medical Linear Accelerators (MLA) Market by End Users
9.3.5.4 Japan Medical Linear Accelerators (MLA) Market
9.3.5.4.1 Japan Medical Linear Accelerators (MLA) Market by Product
9.3.5.4.2 Japan Medical Linear Accelerators (MLA) Market by End Users
9.3.5.5 South Korea Medical Linear Accelerators (MLA) Market
9.3.5.5.1 South Korea Medical Linear Accelerators (MLA) Market by Product
9.3.5.5.2 South Korea Medical Linear Accelerators (MLA) Market by End Users
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Medical Linear Accelerators (MLA) Market Overview
9.4.2 Middle East and Africa Medical Linear Accelerators (MLA) Market Forecasts and Analysis
9.4.3 Middle East and Africa Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By End Users
9.4.5 Middle East and Africa Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Medical Linear Accelerators (MLA) Market
9.4.5.1.1 South Africa Medical Linear Accelerators (MLA) Market by Product
9.4.5.1.2 South Africa Medical Linear Accelerators (MLA) Market by End Users
9.4.5.2 Saudi Arabia Medical Linear Accelerators (MLA) Market
9.4.5.2.1 Saudi Arabia Medical Linear Accelerators (MLA) Market by Product
9.4.5.2.2 Saudi Arabia Medical Linear Accelerators (MLA) Market by End Users
9.4.5.3 U.A.E Medical Linear Accelerators (MLA) Market
9.4.5.3.1 U.A.E Medical Linear Accelerators (MLA) Market by Product
9.4.5.3.2 U.A.E Medical Linear Accelerators (MLA) Market by End Users
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Medical Linear Accelerators (MLA) Market Overview
9.5.2 South and Central America Medical Linear Accelerators (MLA) Market Forecasts and Analysis
9.5.3 South and Central America Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Product
9.5.4 South and Central America Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By End Users
9.5.5 South and Central America Medical Linear Accelerators (MLA) Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Medical Linear Accelerators (MLA) Market
9.5.5.1.1 Brazil Medical Linear Accelerators (MLA) Market by Product
9.5.5.1.2 Brazil Medical Linear Accelerators (MLA) Market by End Users
9.5.5.2 Argentina Medical Linear Accelerators (MLA) Market
9.5.5.2.1 Argentina Medical Linear Accelerators (MLA) Market by Product
9.5.5.2.2 Argentina Medical Linear Accelerators (MLA) Market by End Users
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL MEDICAL LINEAR ACCELERATORS (MLA) MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. MEDICAL LINEAR ACCELERATORS (MLA) MARKET, KEY COMPANY PROFILES
12.1. ACCURAY, INC.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ELEKTA AB
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. GE HEALTHCARE
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HITACHI
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HUIHENG MEDICAL, INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. KONINKLIJKE PHILIPS N.V.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MITSUBISHI HEAVY INDUSTRIES, LTD.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SHINVA MEDICAL INSTRUMENT CO., LTD
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. VARIAN MEDICAL SYSTEMS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Accuray, Inc.
2. Elekta AB
3. GE Healthcare
4. Hitachi
5. Huiheng Medical, Inc.
6. Koninklijke Philips N.V.
7. Mitsubishi Heavy Industries, Ltd.
8. Shinva Medical Instrument Co., Ltd
9. Varian Medical Systems

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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