Press release
Proton Therapy Market Global Research and Analysis 2020 to 2023
The global proton therapy market is expected to grow at a CAGR of 13.91% till 2023. The market is forecasted to reach US$2.09 billion by 2023.
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Top Companies in the Global Proton Therapy Market are IBA, Varian Medical Systems, Hitachi, Ltd., Sumitomo Corporation, Accuray Incorporated and Elekta and Other
Market Overview
Proton therapy is considered as the most advanced form of radiation therapy that uses high-energy proton beam to irradiate tumors. Owing to its benefits, proton therapy is used today to treat many cancers and is particularly appropriate in circumstances where other treatment options are inadequate.The growth in the proton therapy market is mainly driven by factors such as increasing cancer prevalence, higher ageing population, rising healthcare expenditures and advantageous properties of proton therapy over photon therapy.Some factors that hinder the growth of market are stringent regulations, barriers to implementation and high installation cost of the therapy. To overcome the challenges, there exist few trends and developments in the market. The following are the trends- reducing per room cost of proton therapy, technological up gradations, rising public awareness and introduction of LIGHT.
Industry News:
Belgium, 28 January 2020 - IBA (Ion Beam Applications S.A., EURONEXT), the world's leading provider of proton therapy solutions for the treatment of cancer, today announces that it has signed a contract and received a major down payment for a Proteus®ONE solution financed by the International Charity Foundation Cartu, the largest charity organization in Georgia. The contract includes a clinical Proteus®ONE solution and an additional cyclotron that will be dedicated to scientifc research. The proton therapy center will be installed at the campus of the new Kutaisi International University (KIU), located in Kutaisi, Georgia and the first patient treatment is scheduled for 2024.
Tokyo, December 6, 2019: Hitachi, Ltd. (TSE:6501, "Hitachi") today announced that it has entered into an agreement to provide Centro Nazionale di Adroterapia Oncologica (CNAO) with its proton therapy system.In comprehensive public tender process, Hitachi has been selected to provide proton therapy system with latest technologies including advanced scanning technology to irradiate even tumors with complex shapes with high precision.
Scope of the report:
The report provides a comprehensive analysis of the global proton therapy market.
The major regional markets (North America, Europe and Asia Pacific) have been analyzed, along with country coverage of US.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
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https://www.marketinsightsreports.com/reports/04282009302/global-proton-therapy-market-report-insights-trends-forecast-2019-2023?source=openpr&mode=vidya
Significant Features that are under Offering and Key Highlights of the Reports:
o Detailed overview of Proton Therapy Market
o Changing Proton Therapy market dynamics of the industry
o In-depth market segmentation by Type, Application etc.
o Historical, current and projected Proton Therapy market size in terms of volume and value
o Recent industry trends and developments
o Competitive landscape of Proton Therapy Market
o Strategies of key players and product offerings
o Potential and niche segments/regions exhibiting promising growth.
Finally, Proton Therapy Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Proton Therapy industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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1- Country level analysis for any 5 countries of your choice.
2- Competitive analysis of any 5 key market players.
3- 40 analyst hours to cover any other data points
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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