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Particle Therapy Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Hitachi Ltd., Mitsubishi Electric Corporation, Siemens Healthineers AG, Koninklijke Philips N.V, GE Healthcare.
Particle Therapy Global Market Report
The Business Research Company's Particle Therapy Global Market Report 2023 identifies the growing prevalence of cancer is expected to propel the growth of the particle therapy market going forward. Cancer refers to a complex and diverse group of diseases characterized by the abnormal growth and proliferation of cells in the body. Particle therapy primarily treats cancer with precise and effective radiation, where positively charged particles (protons) are accelerated to high speeds and then focused on the tumor.
The global particle therapy market is expected to grow from $0.98 billion in 2022 to $1.11 billion in 2023 at a compound annual growth rate (CAGR) of 13.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global particle therapy is expected to reach $1.74 billion in 2027 at a CAGR of 11.9%.
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Major players in the particle therapy market are Hitachi Ltd., Mitsubishi Electric Corporation, Siemens Healthineers AG, Koninklijke Philips N.V, GE Healthcare, Sumitomo Heavy Industries Ltd., Varian Medical Systems Inc., Elekta AB, Shinva Medical Instrument Co. Ltd., Toshiba Medical Systems Corporation, Brainlab AG, Accuray Incorporated, IBA Worldwide, Mevion Medical Systems Inc., Avante Health Solutions, Provision Healthcare LLC, ViewRay, Panacea Biotec Ltd., PTW Freiburg GmbH., ProNova Solutions LLC, Optivus Proton Therapy Inc., Xstrahl Inc., Protom International Inc., Danfysik AS, SAH Global LLC, Advanced Oncotherapy plc, Particle Therapy Co-Operative Group, and Best Particle Therapy Inc.
A key trend in the Particle Therapy market includes the Advanced particle therapy platforms are a key trend gaining popularity in the particle therapy market. Major companies operating in the particle therapy market are developing innovative particle therapy platforms to sustain their position in the market.
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The Particle Therapy market is segmented -
1) By Type: Proton Therapy, Heavy Ion Therapy
2) By System: Single-Room Systems, Multi-Room Systems
3) By Cancer Type: Pediatric Cancer, Prostate Cancer, Lung Cancer, Breast Cancer, Brain And Spinal Cord Cancer, Other Cancer Types
4) By End-User: Hospital, Academic And Research Centers
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Particle Therapy market.
The Business Research Company's "Global Particle Therapy Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Particle Therapy Market Include:
1. Executive Summary
2. Particle Therapy Market Characteristics
3. Particle Therapy Market Trends And Strategies
4. Particle Therapy Market - Macro Economic Scenario
5. Particle Therapy Market Size And Growth
……
27. Particle Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Particle Therapy Market
29. Particle Therapy Market Future Outlook and Potential Analysis
30. Appendix
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