Global Proton Therapy Market Latest Application and Business opportunities 2021-2028||Players-Provision Healthcare, Hitachi, Ltd., Sumitomo Heavy Industries, Ltd., Koninklijke Philips N.V., IBA Worldwide, Elekta AB, Optivus Proton Therapy, Inc

Proton Therapy Market study analyses the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. SWOT analysis is performed while generating this market report along with many other standard steps of researching, analysing and collecting data. By keeping customer requirements in focus, the report is prepared by chewing over plentiful of market parameters. By applying best-practice models and research methodologies, complete market analysis is performed in this report to make sure that the report provides accurate market segmentation and insights for the success of client’s business.

The proton therapy market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.45% in the forecast period of 2021 to 2028 and is expected to reach USD 1,823.85 million by 2028.

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The major players covered in the proton therapy market report are Varian Medical Systems, Inc., Protom International, Mevion Medical Systems, Sun Nuclear Corporation, Provision Healthcare, Hitachi, Ltd., Sumitomo Heavy Industries, Ltd., Koninklijke Philips N.V., IBA Worldwide, Elekta AB, Optivus Proton Therapy, Inc., Advanced Oncotherapy, GE Healthcare (A subsidiary of General Electric Company), Best Cyclotron Systems, Inc., RaySearch Laboratories and PerMedics, Inc.among others DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many product launches and agreements are also initiated by the companies’ worldwide which are also accelerating the proton therapy market.

For instance,

In June, GE Healthcare (a subsidiary of GENERAL ELECTRIC COMPANY) launched its new product named GENtraceTM, a small cyclotron used in the treatment for cancer. This new product launched by the company has strengthened the molecular imaging segment of the company leading to increased sales and demand for the product in the market.

Global Proton therapy Market Development

In November 2020, Varian Medical Systems, Inc. and the Cincinnati Children's/UC Health Proton Therapy Center announced the start of the first clinical trial of FLASH therapy as part of the recently opened FAST-01 study (Feasibility Study of FLASH Radiotherapy for the Treatment of Symptomatic Bone Metastases). This increases the R&D exposure for the company and helps the company to increase the product expansion in the forecasted period.

Scope of the Global Proton Therapy Market

Global proton therapy market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey and rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and rest of Asia-Pacific, Brazil, Argentina and rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Egypt and rest of Middle East and Africa

All country based analysis of global proton therapy market is further analyzed based on further segmentation.

Global Proton therapy market basis of product type, the market is segmented into systems, software and services. On the basis of component, the market is segmented into proton accelerator, beam transport system, beam delivery system, nozzle, image viewers, patient positioning system (PPS). On the basis of type, the market is segmented into rotating proton therapy systems, non-rotating proton therapy systems. On the basis of set-up systems, the market is segmented into multi-room systems, compact/ single-room systems. On the basis of application type, the market is segmented into treatment applications, research applications. On the basis of end user, the market is segmented into hospitals, ambulatory surgical centers, cancer research institutes.

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Global Proton Therapy Market Drivers:

The rising number of proton therapy centres is anticipated to propel the growth of the market.

The presence of cancer causing virus and faulty genes adds on to the burden of cancer among people. Thus, the increased prevalence of cancer acts as driver for the growth of the proton therapy market.

The increased awareness is reflected due to the surging research and development in the area leading to increased amount of clinical data coming up showcasing the benefits of proton therapy treatment. Thus, the growing recognition of proton therapy acts as an opportunity for the growth of the proton therapy market.

Global Proton Therapy Market Restraints:

The expensive treatment as compared to other technologies acts as restraint for its growth in the proton therapy market.

The high cost of proton therapy leading to high cost treatment acts as a restraint for the growth of the proton therapy market.

Table Of Content:

Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Proton Therapy Market Landscape
Part 04: Global Proton Therapy Market Sizing
Part 05: Global Proton Therapy Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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Customization Available: Global Proton Therapy Market

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