From 2013 to 2023, the value of radiation therapy equipment in hospitals in Finland showed a general decline, with fluctuations observed in some years. Notably, there were year-on-year drops in values, such as -3.3% in 2014 and -4.95% in 2015. The equipment value reached its lowest in 2015 at 96.13 and peaked again at 104.18 in 2019. Over the last five years, the compound annual growth rate (CAGR) has been modest at 0.3%, reflecting a trend of relative stabilization around the 98-mark through to 2023.

Future trends to watch for:

The forecast predicts a marginal decline with a CAGR of -0.01% from 2024 to 2028.
Hospitals may decrease investments in radiation therapy equipment unless technological advancements boost demand.
The slight forecasted decline suggests a potential shift to alternative therapies or improved equipment lifespan.