The global Radiation Oncology Market, valued at USD 5.2 billion in 2022, is projected to reach USD 7.8 billion by 2032, with a forecasted revenue CAGR of 4.2%. The growth in market revenue is primarily attributed to several factors. Firstly, there is an increasing demand for non-invasive cancer therapies and significant technological advancements in radiation therapy. Medical professionals employ high-energy radiation in radiation oncology to target cancer cells and reduce tumor sizes effectively.
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