Press release
Proton Therapy Market Insights, Research Report With Mevion Medical Systems, ProTom, Philips, Hitachi, IBA Worldwide, Optivus Proton, Fermilab, Sumitomo Heavy Industries, Varian Medical Systems, Mitsubishi Electric Corporation
Proton Therapy Market
The report estimates the proton therapy market to develop as one of most gainful verticals, gathering gigantic continues over the estimated time frame, recording a respectable development rate over the evaluated timespan i.e. 2019-2026. The best thing about this determinate proton therapy report is that the noteworthiness and introduction of this market have been presented properly. The crucial opportunities prevailing in the proton therapy market which should be pursued by the clients have likewise been incorporated into the report. This exploration report gives top to bottom investigation of every single key factor influencing worldwide and provincial markets, including drivers, detainment, dangers, difficulties, openings and industry-explicit patterns.
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Proton therapy is a pharmaceutical technique which involves the treatment of cancerous cells and tumor, it involves the usage of radiation devices and focused radiation therapy along with accelerated protons which act as the radiation source. Through proton therapy, physicians can completely focus the radiation therapy on only the cancerous cells rather than damaging the healthy tissues and organs in close quarters of the targeted area. This rise in market value can be attributed to growth of the population suffering from cancer. Top players are
· Mevion Medical Systems
· ProTom International
· Hitachi, Ltd.
· IBA Worldwide
· Sumitomo Heavy Industries, Ltd.
· Varian Medical Systems, Inc.
· Koninklijke Philips N.V.
· Mitsubishi Electric Corporation
· Fermilab
Other are Optivus Proton Therapy, Inc., Elekta AB (pub) with Advanced Oncotherapy are few of the major competitors present in the market.
Market Drivers
· Increasing investments and funding for advancements in technologies of treatment in cancer treatments as well as increasing the establishment of proton therapy centers; this factor is expected to act as a driver for the market growth
· Innovations and advancements in the therapeutic systems of cancer treatments and advancements in proton therapy product offerings; this factor is expected to act as a driver for the market growth
Market Restraint
· Requirement of large funds initially for establishing and usage of proton therapy is expected to restrain the market growth
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Key Developments in the Market:
· In January 2019, Apollo Hospitals Enterprise Ltd. announced the launch of South Asia’s first proton therapy situated in Tamil Nadu, India. The center equipped with pencil-beam scanning technology offering which offers the highest precision of therapy.
· In September 2018, Hitachi, Ltd. announced that they had received an order from Tokushukai Medical Group for usage in Shonan Kamakura Advanced Medical Center for Hitachi’s compact proton therapy system. The dedicated system is expected to be completed by September 2020.
· In January 2018, Hitachi, Ltd. announced that they had received US FDA 510(k) clearance for their commercialization of “Real Time Image Gating System for Proton Beam Therapy Systems”. This clearance will allow for patients in United States to be treated with cutting-edge motion management and enhanced Spot Scanning identification technology.
Segmentation: Global Proton Therapy Market
· By Product
o Equipment
o Service
· By Type
o Electron Beam
o Proton Beam
o Neutron Beam
o Carbon Ion Beam
o Alpha Particle Beam
o Beta Particle Beam
· By Set-Up Systems
o Single-Room Systems
o Multi-Room Systems
o Compact Systems
· By Indication
o Pediatric Cancer
o Pelvic Cancer
o Sarcoma
o Prostate Cancer
o Lung Cancer
o Bone & Soft Tissue Cancer
o Gastro-Intestinal Cancer
o Liver Cancer
o Brain Tumor
o Central Nervous System
o Eye Cancer
o Head & Neck Cancer
o Others
Renal Cell Carcinoma
Cervical
Gastric
Lymphoma
· By End-User
o Hospitals
o Ambulatory Surgical Centers
o Others
· By Geography
o North America
US.
Canada
Mexico
o South America
Brazil
Argentina
Rest of South America
o Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
o Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
o Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Global proton therapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of proton therapy market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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