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Instantaneous healthcare backed by 5G to drive the Proton Therapy Systems Market at a CAGR of 15.2%

12-29-2022 12:14 AM CET | Health & Medicine

Press release from: Persistence Market Research

Instantaneous healthcare backed by 5G to drive the Proton

The global proton therapy market is projected to expand at a CAGR of 15.2% during the forecast period in terms of value. The global proton therapy market is estimated to be valued at nearly US$ 1,100 Mn in 2017 and is expected to reach nearly US$ 3,000 Mn by the end of 2024.

Growing prevalence of cancer has prompted medical organizations towards development and adoption of advanced treatment procedures, such as proton radiotherapy. The effectiveness of proton therapy continues to gain trust of cancer patients across the globe.

The procedure is known for successfully destructing tumor cells by damaging their DNA through a targeted deposition of high-energy radiation dosage onto the tumor. Furthermore, doctors treating cancer patients are also benefiting from the feasibility of proton therapy as it can be used in conjunction with other treatments.

Strategizing The Moves For The Next Decade? See Through Sample Of Proton Therapy Systems Market Report! https://www.persistencemarketresearch.com/samples/12358

Company Profiles

Hitachi Ltd.
Ion Beam Applications SA
Mevion Medical Systems
Mitsubishi Electric Corporation
ProNova Solutions, LLC
ProTom International
Sumitomo Heavy Industries Ltd.
Varian Medical Systems

Starting With The New Decade On A Diligent Note In The Proton Therapy Systems Market? https://www.persistencemarketresearch.com/methodology/12358

Factors as such continue to promote the adoption of proton therapy for curing cancerous abnormalities. Persistence Market Research projects that by the end of 2024, the global market for proton therapy will bring in more than US$ 2,926.7 Mn in revenues.

In the report, titled "Proton Therapy Market: Global Industry Analysis and Forecast, 2016-2024," the global market for proton therapy is presently valued at closed to US$ 945 Mn and is projected to soar at a healthy CAGR of 15.2%.

The report estimates that governments from all corners of the globe will continue to shore up their healthcare expenditure on cancer care facilities, which will incidentally boost the revenues in global proton therapy market. Additional benefits of availing proton therapy, compared to chemotherapy or radiation therapy, will also instrument a steadfast revenue growth for the market.

Based on a regional analysis compiled in the report, North America is projected to account for a little less than one-third share of global proton therapy revenues throughout the forecast period. However, Europe's proton therapy market will dominate with close to 38% share and showcase revenue growth at 15.7% CAGR.

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Persistence Market Research
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About Us:

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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