Canada Radiation Oncology Market Size & Outlook, 2026-2033
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Canada radiation oncology market highlights
- The Canada radiation oncology market generated a revenue of USD 551.8 million in 2025 and is expected to reach USD 1,242.4 million by 2033.
- The Canada market is expected to grow at a CAGR of 10.8% from 2026 to 2033.
- In terms of segment, external beam radiation therapy (ebrt) was the largest revenue generating treatment type in 2025.
- Systemic Targeted Radiation Therapy is the most lucrative treatment type segment registering the fastest growth during the forecast period.
Radiation oncology market data book summary
| Market revenue in 2025 | USD 551.8 million |
| Market revenue in 2033 | USD 1,242.4 million |
| Growth rate | 10.8% (CAGR from 2026 to 2033) |
| Largest segment | External beam radiation therapy (ebrt) |
| Fastest growing segment | Systemic Targeted Radiation Therapy |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | External Beam Radiation Therapy (EBRT), Internal Beam Radiation Therapy, Systemic Targeted Radiation Therapy |
| Key market players worldwide | Siemens Healthineers AG ADR, Elekta AB ADR, BD, Accuray Inc, IBA RadioPharma Solutions, IsoRay, MeVis Medical Solutions AG, Nordion, Ntp Radioisotopes, Curium Pharma, ViewRay |
Other key industry trends
- In terms of revenue, Canada accounted for 3.9% of the global radiation oncology market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. radiation oncology market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 13,677.0 million by 2033.
External beam radiation therapy (ebrt) was the largest segment with a revenue share of 79.2% in 2025. Horizon Databook has segmented the Canada radiation oncology market based on external beam radiation therapy (ebrt), internal beam radiation therapy, systemic targeted radiation therapy covering the revenue growth of each sub-segment from 2021 to 2033.
Canada radiation oncology market is expected to witness significant growth over the forecast period. Organizations such as Canadian Cancer Society, Canadian Association of Radiation Oncology, and Cancer Care Ontario are actively involved in spreading awareness about cancer and providing better solutions for cancer treatment.
These organizations either in collaboration with healthcare providers or other organizations promote and provide training to healthcare professionals to enable delivery of high-quality radiation therapy to cancer patients in the country. In addition, introduction and adoption of new technologies by healthcare providers is projected to drive the market.
Cancer centers, such as Sunnybrook Health Sciences Centre, have adopted new MRI-brachytherapy for treatment of different types of cancers such as gynecologic cancer. Market players are adopting strategies, such as launch of new products and collaborations with local players, which is expected to propel the market growth.
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Radiation Oncology Market Scope
Radiation Oncology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ViewRay | View profile | 251-500 | Oakwood, Ohio, United States, North America | http://www.viewray.com |
| Curium Pharma | View profile | 1001-5000 | Paris, Ile-de-France, France, Europe | https://www.curiumpharma.com/contact/ |
| Ntp Radioisotopes | View profile | 251-500 | Brits, NA - South Africa, South Africa, Africa | https://www.ntp.co.za/ |
| Nordion | View profile | 251-500 | Kanata, Ontario, Canada, North America | http://nordion.com |
| MeVis Medical Solutions AG | View profile | 101-250 | Bremen, Bremen, Germany, Europe | http://www.mevis.de/ |
| IBA RadioPharma Solutions | View profile | 1001-5000 | Louvain-la-neuve, Vlaams-Brabant, Belgium, Europe | https://www.iba-radiopharmasolutions.com/ |
| Accuray Inc | View profile | 1024 | 1240 Deming Way, Madison, WI, United States, 53717 | https://www.accuray.com |
| IsoRay | View profile | 51-100 | Richland, Washington, United States, North America | https://isoray.com/ |
| Elekta AB ADR | View profile | 4584 | Kungstensgatan 18, Box 7593, Stockholm, Sweden, SE-103 93 | https://www.elekta.com |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
Canada radiation oncology market size, by treatment type, 2021-2033 (US$M)
Canada Radiation Oncology Market Outlook Share, 2025 & 2033 (US$M)
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