Global Particle Therapy Market Soaring high with 8.7% CAGR between 2020-2026
Posted On February 17, 2020
The Global Particle Therapy Market revenue is valued closely at USD 1007.1 MN in 2019 and is anticipated to grow at USD 1805.9 MN by 2026 with a CAGR of 8.7% during the year 2020-2026 as per the report published by Value Market Research. The surging cases of patients suffering from different cancers have been a vital driving factor for this market. The growing incidents of cancer patients, huge demand and rising priority for advanced medications in cancer treatment by doctors are participating in the growth of the market. Additionally, increasing use of particle therapy, owing to its benefits such as the high extent of precision, smaller period of treatment, and lower side-effects in comparison to conventional photon therapies using X-rays, is a key component foreseen to drive the growth of the global particle therapy market over the forecast period. As particle therapies are used to cure cancer it is earning thriving prevalence and is anticipated to be the prominent driver for the development of this market.
Particle therapy is a technology that uses beams of positive ions, neutrons, or protons for cancer therapy. The non-invasive trait of particle therapy performs as the main benefit for the treatment of cancer. Beams of carbon ion are used in the treatment of cancer. Proton therapy is a kind of particle therapy used extensively among others of its kind. It works on proton beams to radiate affected or damaged tissue. The technique of particle therapy is to aim tumours by highly energetic ionized particles. These particles harm the DNA of aimed tissue cells and ultimately kill them; therefore the cancer cells are especially vulnerable to attack due to lessened ability to repair damaged DNA.
The first chapter of the report "Global Particle Therapy Market Report By Type (Heavy Ion And Proton Therapy), By Product (Cyclotrons, Synchrotrons, Synchrocyclotrons), By Service, By System (Single Room System And Multi Room System), By Cancer Type (Pediatric Cancer, Prostate Cancer, Lung Cancer, Breast Cancer, Head & Neck Cancer), By Application (Treatment, Research), And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" gives the market introduction with a crisp summary of the report and goes in detailed revenue analysis bifurcated as per segments and regions in the subsequent chapters. The study digs deep to identify the market drivers, restraints, opportunities and threats in the near future.
By type the particle therapy market is studied under room heavy ion and proton therapy type. Out of this proton therapy is the largest segment by type. On the basis of products cyclotrons, synchrotrons, synchrocyclotrons, service are the segmentation considered in the report, among which cyclotrons occupy the highest share. By system, single room system and multi room system are the main segments. On the basis of cancer type, pediatric cancer, prostate cancer, lung cancer, breast cancer, head & neck cancer and other are the major segmentations studied in the report. Prostate Cancer is the leading cancer type among all.
Regionally, the report is segmented as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America dominated with largest share. In this section of the report the data related to all the segments are analysed as per regions.
The Report Segments Global Particle Therapy Market -
- Room Heavy Ion
- Proton Therapy
By Product And Service
- Single Room System
- Multi Room System
By Cancer Type
- Pediatric Cancer
- Prostate Cancer
- Lung Cancer
- Breast Cancer
- Head & Neck Cancer
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Advanced Oncotherapy PLC, Danfysik A/S, Hitachi, Ltd., Ion Beam Applications Sa (IBA), Mevion Medical Systems, Inc., Optivus Proton Therapy, Inc., Protom International, Inc., Provision Healthcare, LLC, Sumitomo Heavy Industries, Ltd. and Varian Medical Systems, Inc.
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