The EU counted 1,791 enterprises in the related industry class.
What this market covers
Equipment used to find and treat cancer, such as radiation systems, ablation tools and infusion devices. Buyers are cancer centers and hospitals.
Typical segments
- Radiation therapy systems
- Ablation devices
- Infusion pumps
- Surgical oncology tools
Why this market is moving now
- US employment in the core industry fell 1% since 2020.
Key figures
Each figure names the source it came from. Open the source list below to read the quoted line.
| Figure | Value | Year | Source |
|---|---|---|---|
| The EU had 1,791 enterprises in NACE class C2660 (Manufacture of irradiation, electromedical and electrotherapeutic equipment) in 2023. | 1,791 enterprises | 2023 | Eurostat |
| EU enterprises in NACE class C2660 had net turnover of €30.54 billion in 2023. | 30.54 EUR billion | 2023 | Eurostat |
| NACE class C2660 employed 74,126 people across the EU in 2021. | 74,126 persons employed | 2021 | Eurostat |
| The US had 2,220 private establishments in NAICS 334510 (Electromedical and electrotherapeutic apparatus manufacturing) in 2025. | 2,220 establishments | 2025 | U.S. Bureau of Labor Statistics |
| NAICS 334510 employed an average of 72,575 people in US private industry in 2025. | 72,575 jobs | 2025 | U.S. Bureau of Labor Statistics |
| US employment in NAICS 334510 changed by -1% between 2020 (73,147 jobs) and 2025, calculated from BLS figures. | -1 % since 2020 | 2025 | U.S. Bureau of Labor Statistics |
| Average annual pay in US NAICS 334510 was $140,429 in 2025. | 140,429 USD per year | 2025 | U.S. Bureau of Labor Statistics |
| The FDA has recorded 64 510(k) clearances for devices named "radiation therapy". | 64 510(k) clearances | 2026 | U.S. Food and Drug Administration |
| 7 of those clearances were issued from 2021 to 2025. | 7 510(k) clearances | 2025 | U.S. Food and Drug Administration |
| Varian Medical Systems, Inc. holds 10 510(k) clearances for devices named "radiation therapy". | 10 510(k) clearances | 2026 | U.S. Food and Drug Administration |
| Proxima Therapeutics, Inc. holds 5 510(k) clearances for devices named "radiation therapy". | 5 510(k) clearances | 2026 | U.S. Food and Drug Administration |
| Adac Laboratories holds 3 510(k) clearances for devices named "radiation therapy". | 3 510(k) clearances | 2026 | U.S. Food and Drug Administration |
| Best Nomos holds 3 510(k) clearances for devices named "radiation therapy". | 3 510(k) clearances | 2026 | U.S. Food and Drug Administration |
| Victoreen, Inc. holds 3 510(k) clearances for devices named "radiation therapy". | 3 510(k) clearances | 2026 | U.S. Food and Drug Administration |
| E.I. Dupont De Nemours & Co., Inc. holds 2 510(k) clearances for devices named "radiation therapy". | 2 510(k) clearances | 2026 | U.S. Food and Drug Administration |
Sources and method
The figures on this page come from the public sources listed below. Read how we work.
- Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)
Quoted lines
- Figure 1
sbs_ovw_act, geo EU27_2020, nace_r2 C2660, indic_sbs ENT_NR, 2023, 1791
- Figure 2
sbs_ovw_act, geo EU27_2020, nace_r2 C2660, indic_sbs NETTUR_MEUR, 2023, 30540
- Figure 3
sbs_ovw_act, geo EU27_2020, nace_r2 C2660, indic_sbs EMP_NR, 2021, 74126
- Figure 1
- U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 334510, 2025 (2026-11-04)
Quoted lines
- Figure 4
QCEW 2025 annual, US000, private, NAICS 334510, annual_avg_estabs 2220
- Figure 5
QCEW 2025 annual, US000, private, NAICS 334510, annual_avg_emplvl 72575
- Figure 6
QCEW 2020 annual_avg_emplvl 73147; 2025 annual_avg_emplvl 72575
- Figure 7
QCEW 2025 annual, US000, private, NAICS 334510, avg_annual_pay 140429
- Figure 4
- U.S. Food and Drug Administration: openFDA 510(k) clearances, device_name "radiation therapy" (2026-11-04)
Quoted lines
- Figure 8
openFDA device/510k device_name:"radiation therapy", sum of counts by decision_date = 64
- Figure 9
openFDA device/510k decision_date 2021-2025 count = 7
- Figure 8
- U.S. Food and Drug Administration: openFDA 510(k) clearances by applicant, device_name "radiation therapy" (2026-11-04)
Quoted lines
- Figure 10
applicant.exact "Varian Medical Systems, Inc." count 10
- Figure 11
applicant.exact "Proxima Therapeutics, Inc." count 5
- Figure 12
applicant.exact "Adac Laboratories" count 3
- Figure 13
applicant.exact "Best Nomos" count 3
- Figure 14
applicant.exact "Victoreen, Inc." count 3
- Figure 15
applicant.exact "E.I. Dupont DE Nemours & Co., Inc." count 2
- Figure 10
Buyers and suppliers
Who buys
- Cancer centers
- Hospitals
- Ambulatory surgery centers
Companies to watch
Varian Medical Systems, Inc.
10 FDA 510(k) clearances for devices named "radiation therapy".
Proxima Therapeutics, Inc.
5 FDA 510(k) clearances for devices named "radiation therapy".
Adac Laboratories
3 FDA 510(k) clearances for devices named "radiation therapy".
Best Nomos
3 FDA 510(k) clearances for devices named "radiation therapy".
Victoreen, Inc.
3 FDA 510(k) clearances for devices named "radiation therapy".
E.I. Dupont De Nemours & Co., Inc.
2 FDA 510(k) clearances for devices named "radiation therapy".
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the United States market - 03Market size, 2021 to 2025
Historical series and growth rates - 04Outlook to 2031
Base, low and high scenarios with stated assumptions - 05Rules, policy and deadlines
Regulation and programmes that change demand - 06Drivers and barriers
What accelerates or slows adoption, by customer segment - 07Prices, costs and margins
Unit economics where public data allows - 08Competitive landscape
8 to 12 company profiles with recent moves - 09Opportunities and risks
For new entrants, suppliers and investors - 10Method and sources
Every assumption and source, listed
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- Method note and assumptions
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Frequently asked questions
How many oncology devices devices are cleared by the FDA?
openFDA lists 64 510(k) clearances for devices named radiation therapy.
Which companies hold the most FDA clearances for oncology devices?
By 510(k) count: Varian Medical Systems, Inc., Proxima Therapeutics, Inc., Adac Laboratories, Best Nomos.
How many US companies are in the oncology devices industry?
BLS counts 2,220 private establishments in NAICS 334510 (Electromedical and electrotherapeutic apparatus manufacturing), the closest official industry.
How many EU companies are in the oncology devices industry?
Eurostat counts 1,791 enterprises in NACE class C2660 (Manufacture of irradiation, electromedical and electrotherapeutic equipment).
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