For the year 2024, the number of radiation therapy equipment in hospitals in Canada is forecasted to be 101 units. This number is expected to decrease gradually each year, reaching 94 units by 2028. The year-on-year percentage variation shows a continual decline, from -1.98% in 2025, -2.02% in 2026, -1.03% in 2027 to -2.08% in 2028, indicating a steady downward trend. The 5-year CAGR also reflects this negative trend, highlighting an average annual decrease of approximately 1.48%.

Future trends to watch for:

Technological advancements in radiation therapy that could potentially lead to newer, more efficient machines, impacting both the number and type of equipment utilized in hospitals.
Policy changes and healthcare funding adjustments which may influence hospital budgets for investing in and maintaining radiation therapy equipment.
Shifts in healthcare needs and patient demographics that could alter the demand for radiation therapy services, thereby affecting the number of machines required.