Press release
Particle Therapy Market Trends, Business Strategies, Regional Outlook and Forecast Report 2030
The global particle therapy market is experiencing growth and is projected to reach USD 1,634.4 million by 2030. This development can be attributed to the high acceptance of particle treatment for cancer treatment armed with the rise in the count of particle therapy centers throughout the globe.In recent years, proton therapy dominated the industry with a revenue share of above 90%, and the category is also estimated to experience a higher CAGR, of around 8.5%, in the projection period. This development can be credited to the high acceptance of this treatment for treating numerous cancers, like brain tumors, pediatric cancer, and breast cancer.
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According to a government agency, above 2 million females were identified with breast cancer in 2020 throughout the globe, making it the most prevalent cancer. Products, like synchrotrons, cyclotrons, and synchrocyclotrons, hold over 80% of the industry share, credited to the increasing acceptance of cyclotrons in numerous hospitals armed with numerous benefits provided by them like low prices. Furthermore, the increasing shift toward nuclear scans for analysis, and the accessibility of technically progressive diagnostic devices also propel the industry development in this category.
Key Players in the Particle Therapy Market Are:
• IBA Worldwide
• Mevion Medical Systems Inc.
• Optivus Proton Therapy Inc.
• Panacea
• ProTom International Inc.
• Provision Healthcare
• Elekta AB
• Toshiba Medical Systems Corporation
• Varian Medical Systems Inc.
• Hitachi Ltd.
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In recent years, the European particle therapy industry generated the highest revenue share. Moreover, the regional industry is projected to witness the highest CAGR, of approximately 9%, in the projection period, because of the increasing count of particle therapy amenities offering clinical processes in the region. For example, above 50% of the particle therapy centers exist in Europe.
This is due to the supportive government guidelines and the existence of technologically progressive solutions for illness diagnosis. Furthermore, the existence of a huge count of distribution platforms also boosts the industry development in the region.
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This market research report provides a comprehensive overview of the particle therapy market.
This study covers:
• Major factors driving the particle therapy market and their impact during the short, medium, and long terms
• Particle Therapy Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the particle therapy market participants
• Historical and the present size of the particle therapy market segments and understand their comparative future potential
• Potential of on-demand logistics services, so the particle therapy market players make informed decisions on the sales of their offerings
• Competitive scenario of various particle therapy market segments across key countries in several regions for uncovering market opportunities for the stakeholders
• Major players operating in the particle therapy market and their service offerings
Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://www.psmarketresearch.com/blogs
About P&S Intelligence
P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.
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