In 2023, the density of radiation therapy equipment in Canada stood at 2.58 units per million persons. From 2024 onwards, the forecast indicates a consistent decline: 2.49 in 2024, 2.4 in 2025, 2.31 in 2026, 2.22 in 2027, and 2.13 in 2028. This denotes a year-on-year decrease of approximately 3.5% over the next five years. The compound annual growth rate (CAGR) for this period suggests an average annual reduction of around 3.6%.
Trends to watch for include advancements in technology that may increase the efficiency of existing equipment, potential policy changes affecting healthcare funding, and demographic shifts that could influence the demand for radiation therapy services. Monitoring these factors will be crucial for adapting to and mitigating the diminishing trend in equipment density.
