"APAC is projected to witness the highest growth during the forecast period."
North America accounted for the largest share of the market in 2016, followed by Europe and Asia-Pacific. However, Asia-Pacific is expected to register the highest growth rate during the forecast period from 2017 to 2022. The high growth in this segment can be attributed to the growing number of new cancer cases, improvements in healthcare facilities, growing medical tourism, and focus of global players on the emerging nations in Asia-Pacific such as China and India.
Breakdown of supply-side primary interviews: by company type, designation, and region: By Company Type - Tier 1 -20%, Tier 2 -38% and Tier 3 -42%, By Designation - C-level - 15%, Director level - 24%, Others - 61%, By Region - North America - 34%, Europe - 26%, APAC - 23%, RoW - 17%
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Some of the major players in the market are Varian Medical Systems, Inc. (U.S.), Elekta AB (Sweden), Accuray Incorporated (U.S.), Ion Beam Applications (IBA) (Belgium), Nordion, Inc. (Canada), C. R. Bard, Inc. (U.S.), Isoray Medical, Inc. (U.S.), RaySearch Laboratories (Sweden), Mevion Medical Systems, Inc. (U.S.), and Mitsubishi Electric Corporation (Japan).
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