Press release
Particle Therapy System Market to Witness Huge Growth by 2031 - Danfysik A/S, Hitachi, Ltd & Protom International, Inc.
The Particle Therapy System Market is projected to grow at a CAGR of 8.6 % during the forecast period from 2024 to 2031.Particle therapy is an advanced form of external beam radiotherapy that utilizes energetic beams of neutrons, protons, or other heavier positive ions for cancer treatment, with proton therapy being a prominent example using pencil beam spot scanning technology. This technique is particularly advantageous as it minimizes damage to surrounding healthy tissues compared to conventional photon therapy. The particle therapy market is expanding due to its superior benefits over traditional therapies, the growing prevalence of cancer, increasing adoption in clinical trials, and the rising number of particle therapy centers globally, making it a preferred option in cancer treatment.
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Market Trends:
Rising number of cancer cases globally drives particle therapy systems market.
According to the National Cancer Institute, an estimated 1.8 million new cancer cases were diagnosed in the U.S. in 2020, with 606,520 cancer-related deaths. Prostate, colorectal, and lung cancers were the most prevalent among men, making up about 43% of all diagnoses, while lung, breast, and colorectal cancers accounted for 50% of new cases in women. As cancer rates continue to rise, the demand for particle therapy systems, particularly proton therapy, is expected to grow. Increasing awareness of particle therapy's benefits, such as fewer side effects and a reduced risk of secondary tumors, is driving the shift from conventional radiotherapy to proton therapy worldwide.
Segment Covered in the Particle Therapy System Market:
By Product & Services: Equipment, Services.
By Type: Proton Therapy, Heavy Ion Therapy.
By System: Multi-Room System, Single-Room System.
By Cancer Type: Prostate Cancer, Lung Cancer, Breast Cancer, Pediatric Cancer, Others (Head and Neck Cancer).
By Application: Treatment Application, Research Application.
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Major Key players involved in Particle Therapy System Market:
• Danfysik A/S
• Advanced Oncotherapy PLC
• Hitachi, Ltd.
• Optivus Proton Therapy, Inc.
• Mevion Medical Systems, Inc.
• Provision Healthcare, LLC
• Protom International, Inc.
• Ion Beam Applications Sa (IBA)
• Sumitomo Heavy Industries, Ltd.
• Varian Medical Systems, Inc.
Regional Analysis:
The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Light Therapy Device Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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