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Linear Particle Accelerators: A Leading Driver Behind Rising Focus On Precision Medicine Fuels Growth In The Linear Particle Accelerators Market Market Expansion in 2025
Linear Particle Accelerators
What Will the Linear Particle Accelerators Industry Market Size Be by 2025?
Recent years have seen the robust growth of the linear particle accelerators market. The market, valued at $2.59 billion in 2024, is forecasted to increase to $2.73 billion in 2025, registering a compound annual growth rate (CAGR) of 5.6%. Factors propelling growth during the historic period include enhanced demand for cancer treatment, government programmes and funding support, improved treatment results, healthcare facilities expansion and collaborative partnerships.
What's the Long-Term Growth Forecast for the Linear Particle Accelerators Market Size Through 2029?
In the coming years, the market size for linear particle accelerators is predicted to witness considerable growth. It is projected to expand to $3.39 billion by 2029, representing a compound annual growth rate (CAGR) of 5.5%. This projected growth during the forecast period can be linked to several factors such as the increasing demand for precise medicine, a rise in the adoption of proton therapy, an aging population, the emergence of new markets, and investments in research and development. Key trends expected during this forecast period include the incorporation of artificial intelligence, widening of proton therapy, personalized strategies in medicine, less invasive therapies, and worldwide market expansion.
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What Are the Key Growth Drivers Fueling the Linear Particle Accelerators Market Expansion?
The linear particle accelerators market is set for expansion, propelled by the increasing emphasis on precision medicine. Precision medicine is a cutting-edge approach in healthcare that customizes treatments and medical interventions based on the unique attributes of every patient. The shift towards precision medicine can be ascribed to advancements in genomic research and technology, acknowledging the shortcomings of traditional healthcare methodology, and the prospects of personalized treatments delivering superior results. Linear particle accelerators play a significant role in precision medicine by delivering targeted radiation therapy, ensuring precise tumor targeting while reducing damage to nearby healthy tissues. For example, in 2022, the Personalized Medicine Coalition, an American professional membership organization, reported that the Food and Drug Administration's Center for Drug Evaluation and Research (CDER) had approved 37 new molecular entities (NMEs). Of these 35 therapeutic NMEs, around 34%, or 12 of them, were categorized as personalized medicines by the Personalized Medicine Coalition (PMC). Consequently, the increasing focus on precision medicine is fuelling linear particle accelerators market growth.
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What Are the Key Trends Driving Linear Particle Accelerators Market Growth?
Key players in the linear particle accelerators market are pioneering groundbreaking solutions such as AI-backed adaptive computed tomography linear particle accelerators (CT-Linac), with the aim of transforming the way cancer is treated, by providing enhanced accuracy, tailored therapy and real-time imaging resulting in better patient prognosis. These AI-enabled adaptive computed tomography linear particle accelerators are state-of-the-art medical instruments which merge AI algorithms, computed tomography technology, and particle acceleration functionalities to render precise, individualised radiation therapy sessions with prompt imagery and adaptable treatment planning. For example, in May 2024, Elekta, a human care firm based in Sweden, introduced Elekta Evo, an AI-assisted, adaptive CT-Linac. This particular linear particle accelerator, expressly made for radiation therapy, gives medical practitioners unparalleled precision and flexibility for cancer therapies. Due to its superior image quality and online adaptation abilities, Evo allows for unprecedented levels of precision and adaptiveness in cancer treatment strategies. Furthermore, Elekta Evo utilises the latest imaging technologies, organ-specific algorithms, and powerful AI to perfect treatment plans, lessen damage to risk-prone organs and diminish unpredictability.
How Is the Linear Particle Accelerators Market Segmented?
The linear particle accelerators market covered in this report is segmented -
1) By Type: Low-energy Machine, Medium-energy Machine, High-energy Machine
2) By Therapy: Radio Surgery, Radiation Therapy
3) By Applications: Prostate Cancer, Breast Cancer, Lung Cancer, Head and Neck Cancers, Colorectal Cancers, Other Applications
4) By End User: Radiology Clinics, Hospitals, Other End Users
Subsegments:
1) By Low-Energy Machine: Medical Linacs (Linear Accelerators For Radiation Therapy), Research Linacs
2) By Medium-Energy Machine: Industrial Accelerators (Used In Materials Testing, Radiation Processing), Synchrotron Radiation Facilities
3) By High-Energy Machine: High-Energy Physics Research (Accelerators For Particle Collisions, Large Hadron Collider), Nuclear Medicine Accelerators (For Production Of Radioisotopes)
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Which Companies Are Leading the Charge in Linear Particle Accelerators Market Innovation?
Major companies operating in the linear particle accelerators market are Hitachi Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Siemens Healthineers, Philips, Beckman Coulter Inc., Carl Zeiss, Elekta AB, Neusoft Corporation, Shinva Medical Instrument Co. Ltd., ALCEN, Laird Technologies, Accuray Incorporated, Brainlab AG, AccSys Technology, Mevion Medical Systems, Viewray Medical Technologies Inc., RefleXion Medical, Panacea Medical Technologies Pvt. Ltd., Altair Technologies, Sordina lort Technologies, MedAustron, LUM GmbH, IBA Group, P-Cure Ltd.
Which Regions Are Leading the Global Linear Particle Accelerators Market in Revenue?
North America was the largest region in the linear particle accelerators market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the linear particle accelerators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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