North America Radiation Oncology Market Size & Outlook
Related Markets
North America radiation oncology market highlights
- The North America radiation oncology market generated a revenue of USD 6,484.2 million in 2025.
- The market is expected to grow at a CAGR of 11.4% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
| Market revenue in 2025 | USD 6,484.2 million |
| Market revenue in 2033 | USD 15,243.7 million |
| Growth rate | 11.4% (CAGR from 2026 to 2033) |
| Largest segment | External beam radiation therapy (ebrt) |
| Fastest growing segment | Systemic Targeted Radiation Therapy |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 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, North America region accounted for 46.2% of the global radiation oncology market in 2025.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,241.2 million by 2033.
External beam radiation therapy (ebrt) was the largest segment with a revenue share of 79.69% in 2025. Horizon Databook has segmented the North America 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.
North America radiation oncology market is expected to be driven by factors such as rising incidence of cancer, growing geriatric population, high healthcare expenditure, and supportive government funding. In addition, presence of organizations such as the American Society for Radiation Oncology (ASTRO), world’s largest radiation oncology society with over 10,000 members including radiation therapists.
Biologists, nurses, physicians, and other healthcare professionals is anticipated to further propel the market growth. The society aims to improve patient care through training and education. It also promotes continuous cancer research and new approaches involved in radiation treatment and encourages adoption of radiation oncology.
In addition, favorable regulatory policies and increasing investments by pharmaceutical companies are expected to further boost market growth. Governments in North American countries are focusing on increasing the production of medical isotopes and therefore.
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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 |
North America radiation oncology market size, by country, 2021-2033 (US$M)
North America Radiation Oncology Market Outlook Share, 2025 & 2033 (US$M)
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