The Radiation Therapy Equipment market in Belgium has shown a steady increase from 2013 to 2023, with values rising from 188 units to 232 units. Year-on-year variations fluctuate, with notable peaks in 2013 (12.57%) and bottoming out in 2016 (-1.47%). Recent years such as 2022 and 2023 see a stabilizing trend with increases of 1.78% and 1.31% respectively. The Compound Annual Growth Rate (CAGR) over the last five years stood at 1.72%, indicating a consistent but modest growth trajectory.
From 2024 onwards, the forecast suggests a continuation of this moderate growth, reaching 250 units by 2028, with a forecasted 5-year CAGR of 1.16% and an overall growth rate of 5.93%.
Future trends to watch for include advancements in technology that could spur demand, along with potential policy changes and economic factors that could either accelerate or decelerate the growth pace of radiation therapy equipment in the Belgian healthcare sector.
