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The Proton Therapy Market is forecasted to reach USD 1,823.85 million by 2028
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. The rising number of proton therapy centres is anticipated to propel the growth of the market.Market Overview
The proton therapy is the most precise and accurate radiation therapy which utilizes the energy of proton particles for killing the cancerous cells or the desired cell at particular location. The major limitations of photon therapy or other particle therapy are overcome by the proton therapy. The advancement in technology has increased the adoption of proton therapy for the treatment of various cancers across globe.
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Market Analysis and Insights : Global Proton Therapy Market
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. The rising number of proton therapy centres is anticipated to propel the growth of the market.
The proton therapy is the most precise and accurate radiation therapy which utilizes the energy of proton particles for killing the cancerous cells or the desired cell at particular location. The major limitations of photon therapy or other particle therapy are overcome by the proton therapy. The advancement in technology has increased the adoption of proton therapy for the treatment of various cancers across globe.
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 high cost of proton therapy leading to high cost treatment acts as a restraint 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. The expensive treatment as compared to other technologies acts as restraint for its growth in the proton therapy market.
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