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Global Radiation Oncology Market to Witness Accelerating Growth by 2027, due to Rapid Development in Technology and Treatment Techniques by Leading Market Players – Exclusive Report [248 Pages] by Research Dive

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New York, USA, March 23, 2021 (GLOBE NEWSWIRE) — According to a report published by Research Dive, the global radiation oncology market is forecasted to garner a revenue of $10,679.7 million by 2027, at a CAGR of 7.4% during 2020-2027. The extensive report puts forth a summary of the present market scenario, including other aspects such as growth and restricting factors, industry dynamics, challenges, and opportunities during and post pandemic period. The report also offers industry statistics which makes it easier and more beneficial for the new participants to comprehend the present market.

COVID -19 Impact on Global Radiation Oncology Market:

The novel COVID-19 has had a significant impact on the growth of the global radiation oncology market in 2020. Almost all the nations across the world invested on development of adequate healthcare infrastructure in order to provide improved services to people, in times of the pandemic. Moreover, some of the leading market players implemented several strategies such as new technology launches and partnerships to increase their share in the global market. For instance, in December 2020, Varian, an American radiation oncology software and treatment provider, collaborated with Yonsei Cancer Center to advance the research and development activities in the radiation therapy and oncology field. Through this tie up, Yonsei Cancer Center can collaboratively use Varian’s artificial intelligence solutions and services, which have shown improved results in early cancer detection. This aspect is predicted to propel the technological advancements in radiation oncology and drive the market growth in the forecast years.

For More Detail Insights, Download Free Sample Copy of the Report at: https://www.researchdive.com/download-sample/8347

Market Dynamics

Radiation oncology techniques have the ability to slow down the growth of cancer cells inside the human body and they treat lung, breast, prostate and many other cancers. In addition to this, continuous development in treatment procedures and technologies is estimated to fuel the growth of the market in the forecast time. For instance, one of most efficient oncology technology called stereotactic radiotherapy (SRT) targets only abnormal lesions and protects normal tissues by using cross-firing techniques, reducing the exposure of adjacent tissues which are closer to cancer cells. This aspect is predicted to fuel the growth of the global radiation oncology market in the analysis period.

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Lack of adequate healthcare infrastructure especially in the developing nations is expected to limit the growth of the radiation oncology market in the forecast time. Also, complex nature of the radiation oncology procedures due to difficulty in targeting cancer cells is estimated to hamper the growth of the market in the analysis time.

The report has segmented the market based on type, application, and regional analysis.

Type Sub-Segment is Projected to a Dominant Market Share

In the type sub-segment, external beam radiation therapy sub-segment accounted for a dominant share of the global market in 2019, which was about 78.5% and is predicted to continue its steady growth with a CAGR of 7.1% throughout the forecast years. Due to its high accuracy in targeting abnormal cells and reducing pain in advanced cancers, healthcare professionals have adopted external beam radiation therapy on a large scale. This factor is predicted to fuel the growth of the radiation oncology market in the analysis period.

Connect with Analyst to Reveal How COVID-19 Impacting On Market: https://www.researchdive.com/connect-to-analyst/8347

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Application Sub-Segment is Predicted to Garner the Largest Market Share

In the application sub-segment, the radiation oncology market for breast cancer application was valued at $1,801.1 million and accounted for the highest market size in 2019. Further, it is estimated to produce a revenue of $2,577.7 million by 2027. Increasing prevalence of breast cancer especially in developed countries as a result of aging, obesity, and radiation exposure is estimated to drive the sub-segment market growth in the analysis time. As per available data, it is estimated that about 330,840 new cases of breast cancer will be diagnosed in the U.S. in 2021. This factor is estimated to increase demand for radiotherapy, which in the analysis period is estimated to drive market growth.

North America Region will be the Most Lucrative

North America region market for radiation oncology accounted for a significant market share of over 43.7% in 2019, and is estimated to continue its dominance in the coming years. The existence of highly developed and advanced healthcare infrastructure in North America, particularly in the United States, is influencing the cancer patients to adopt radiation oncology techniques in these regions. Moreover, recently, U.S. department of government has implemented 9 federal programs in order to support cancer prevention and early detection by providing additional support for better cancer treatment processes. These factors are predicted to the growth of the radiation oncology market in the upcoming time.

View out Trending Reports with the Impact of COVID-19: https://www.researchdive.com/covid-19-insights

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Key Players and Business Strategies

The report enlists the most significant players of the global radiation oncology market, which include –

  1. Varian Medical Systems, Inc.
  2. Elekta AB
  3. Accuray Incorporated
  4. Mevion Medical Systems
  5. IBA Worldwide
  6. Nordion (Canada) Inc.
  7. BD
  8. Isoray Inc.
  9. Provision Healthcare
  10. Panacea Medical Technologies Pvt. Ltd.

These industry players are focusing on developing several strategies such as mergers and acquisitions, partnerships, and product launches to promote to the expansion of the market.

For instance, in May 2020, Varian, an American radiation oncology software and treatment provider, collaborated with the National University Cancer Institute, Singapore (NCIS), to expand access to cancer solutions and radiation oncology treatments in Singapore in the fight against cancer. In 2018, 26,164 cases of cancer were diagnosed in Singapore, and it is expected that the cases may double and reach to 57,319 cases over the next 20 years. Thus, these treatments are being offered to reduce the cases of cancer. The report also discusses the other important aspects of the market including SWOT analysis, financial performance of the key players, product portfolio and recent strategic developments.

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Xinhua Silk Road: E China’s Changzhou City unveils investment opportunities in sectors of new productive forces for global investors

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BEIJING, Sept. 29, 2024 /PRNewswire/ — Changzhou City, an leading international smart manufacturing base located in east China’s Jiangsu Province, has released a bunch of investment investment opportunities to global investors in various sectors of new productive forces at the the 2024 New Energy Industry Development Conference & Invest in Changzhou Conference held in the city on September 19.

The investment opportunities covers nine areas including synthetic biology, low-altitude economy, intelligent connected new energy vehicles, solid-state batteries, hydrogen energy, third-generation semiconductors, and artificial intelligence, manifesting the confidence of Changzhou in further opening development. 
Changzhou, seated in the axis of the Yangtze River Delta, has become an important base for advanced manufacturing in China.
In recent years, thanks to intensified efforts in developing new energy industry and fostering new quality productive forces, Changzhou has expanded the added value of its industrial sector to more than two trillion yuan, with manufacturing added value accounting for about 43 percent, both ranking among the top three in Jiangsu Province.
In the Hurun China New Energy Cities 2024, a list released by the Hurun Research Institute at the conference, Changzhou ranked first among other cities in the country for three consecutive years in terms of investment attractiveness and concentration.
Changzhou has accumulated a total of 10.59 billion US dollars (nearly 74.25 billion yuan) in terms of actually utilized foreign capital since 2020. Major projects such as soft magnetism of ArcelorMittal and medical device of BIOS, a Hong Kong-based company, have been launched during the conference. 
In addition, Changzhou has released a multilingual guide for foreign nationals in Changzhou at the conference, which includes practical service items in stay and residence, work, convenient payment options, among others, turning the city into a more open and international place.
Original link: https://en.imsilkroad.com/p/342380.html
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CGTN: China honors individuals with highest awards in celebration of 75th National Day

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BEIJING, Sept. 29, 2024 /PRNewswire/ — Huang Zongde enlisted in the Chinese People’s Liberation Army at the age of 17, beginning a nearly four-decade-long military career where his bravery, valor and devotion earned him countless awards and honors.

The heavily decorated 93-year-old received the highest state honor on Sunday when Chinese President Xi Jinping conferred him with the Medal of the Republic at a ceremony in the Great Hall of the People in Beijing.
China awarded national medals and national honorary titles to 15 individuals, including Huang, in recognition of their contribution and achievement as it celebrates the 75th anniversary of the founding of the People’s Republic of China, which falls on October 1.
Chinese heroes and role models
In addition to Huang, three others were awarded the Medal of the Republic. Wang Yongzhi, a missile and rocket expert and a pioneer of China’s manned space program, was honored posthumously. Wang Zhenyi, a medical scientist known for breakthroughs in leukemia treatment, and Li Zhensheng, an expert in wheat breeding, are also among the honorees.
The national honorary titles went to 10 people, including scientists, a border patrolman, an artist, a craftsman, educators, a health worker, an economist and an athlete.
Addressing Sunday’s awarding ceremony, President Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, called on the Chinese people to learn from heroes and role models to form a mighty force to build a strong China.
China is in a crucial period for building a great modern socialist country in all respects and achieving national rejuvenation through Chinese modernization, he said.
Encouraging the Chinese people to strive for extraordinary achievements at ordinary job posts, Xi urged them to contribute to resolving challenges to development and reform and safeguarding social harmony and stability.
China’s old friends and good friends
As its highest state honor for foreigners, China awarded the Friendship Medal to Dilma Rousseff, president of the New Development Bank and former Brazilian president, for her commitment to the friendship between China and Brazil, and development of relationship between China and the Community of Latin American and Caribbean States, and cooperation among BRICS countries, a group of major emerging economies.
Accepting the honor at the ceremony, Rousseff said the medal symbolizes the strong bonds between Brazil and China and pledged to continue her unremitting efforts to promote the friendship.
China’s achievements over the decades, including economic transformation, technological innovation and remarkable social development, have made it a beacon and a source of inspiration for the world, she said.
Xi lauded Rousseff as an outstanding representative of China’s old friends and good friends who have shared the same aspirations and stood together with the Chinese people over the past 75 years and vowed that China will never forget such international friends.
The Chinese people are ready to join hands with people from all over the world to safeguard world peace, promote common development and advance the building of a community with a shared future for mankind to create a better future for humanity, he said.
https://news.cgtn.com/news/2024-09-29/China-honors-individuals-with-highest-awards-ahead-of-National-Day-1xhS1SaZeZa/p.html
 

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Kazakhstan Government Delegation Visited SUPCON

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HANGZHOU, China, Sept. 29, 2024 /PRNewswire/ — On September 26, a delegation from the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan, led by Minister Madiyev Zhaslan, visited SUPCON. SUPCON’s Chairman and President, Mr.Cui Shan, warmly welcomed the delegation.

The Kazakhstan government representatives expressed their appreciation and recognition of SUPCON’s expertise and innovation in intelligent manufacturing, digital transformation, and industrial AI.
Madiyev Zhaslan expressed a strong interest in industrial AI technologies of SUPCON, particularly their applications in intelligent and low-carbon facilities. He looks forward to exploring extensive collaboration with SUPCON across various sectors in Kazakhstan.
Cui Shan emphasized that as a leading industrial AI company with a global presence, SUPCON will leverage its technological advantages to meet Kazakhstan’s industry development requirements and trends, injecting new momentum into the country’s industrial digitalization.
In 2023, SUPCON established a subsidiary in Kazakhstan as its Central Asia regional headquarters and set up a localized operational system. SUPCON will continue to invest in the long-term development of the Central Asia region, contributing further wisdom and strength to the industrial digital transformation in Kazakhstan and beyond.
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