The market for radiation therapy equipment in hospitals in Denmark has seen fluctuating trends over the past decade, starting from 75 units in 2013 and reaching 73 units in 2023. The peak was observed in 2015 with 78 units, followed by a general downward trend until 2019. From 2020 onwards, the market showed signs of stabilization, with slight incremental increases projected till 2028.
Key variations observed over the last two years include:
- 2022 to 2023: 1.39% year-on-year growth
- 2023 to 2024: 1.37% projected increase
The 5-year CAGR (2019-2023) is calculated at 0.84%, indicating a modest average growth per year over this period. Projecting to 2028, the future 5-year CAGR is expected to remain stable at around 0.8%, with an overall growth rate of 4.05% over these five years.
Future trends to watch for include advancements in radiation therapy technology, changes in healthcare policy, and potential market expansions or contractions influenced by demographic changes and healthcare funding allocations.
