Proton Therapy Market, By Set up Type (Single Room, and Multiple Room), By Indication (Head & Neck Cancer, Brain Cancer, Sarcoma, Pediatric Cancer, Gastro-intestinal Cancer, Prostate Cancer, and Lung Cancer), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Proton therapy is a type of radiation therapy that uses high-power energy to treat cancer and certain non-cancerous tumors. Radiation therapy using X-rays has long been used to treat the conditions such as tumor cell or cancer cells. Proton therapy uses energy from positively charged particles (protons). It is used to treat non-cancerous tumors as well as malignancy. Proton therapy must be used to treat the illness, or it must be combined with other treatments like surgery and chemotherapy. If the cancer is still present or returns after conventional X-ray radiation, proton treatment may also be employed. Proton therapy is sometimes used to treat various cancers such as brain tumors, sarcoma, prostate cancer, pediatric cancer, and pancreatic cancer. The therapy utilizes a precision dose of high-energy radiation in the target cancer cells and tumor cells. Increasing funding for cancer research is expected to offer lucrative growth opportunities for market players. Furthermore, the increasing number of healthcare facilities offering proton therapy is also expected to drive market growth.
Market Dynamics
The key market players are focused on adopting growth strategies, such as collaboration and acquisitions, which is anticipated to fuel the global proton therapy market growth. The increasing number of cancer patients and healthcare facilities is expected to boost the market growth. For instance, in August 2022, IBA (Ion Beam Applications), a medical technology company, announced that it had signed a collaboration agreement with Apollo Hospitals Enterprise Ltd (AHEL), a multispecialty health care unit, to provide proton therapy training and education programs for IBA customers in Asia.
Key features of the study:
This report provides an in-depth analysis of the global proton therapy market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global proton therapy market based on the following parameters–company highlights, products portfolio, key highlights, financial performance, and strategies
The key companies covered as a part of this study include Hitachi Ltd., Ion Beam Applications SA, Mevion Medical Systems, Mitsubishi Electric Corporation, Provision Healthcare, ProTom International, Sumitomo Heavy Industries, Varian Medical Systems, Optivus Proton Therapy, Inc., and Advanced Oncotherapy plc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global proton therapy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global proton therapy market
Detailed Segmentation:
Global Proton Therapy Market, By Set-up Type:
Single Room
Multiple Room
Global Proton Therapy Market, By Indication:
Head & Neck Cancer
Sarcoma
Pediatric Cancer
Gastro-intestinal Cancer
Prostate Cancer
Lung Cancer
Global Proton Therapy Market, By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Company Profiles
Hitachi Ltd.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Ion Beam Applications SA
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Mevion Medical Systems
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Mitsubishi Electric Corporation
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Provision Healthcare
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Protom International
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Sumitomo Heavy Industries
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Varian Medical Systems
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Optivus Proton Therapy, Inc.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Advanced Oncotherapy plc.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
“*” marked represents similar segmentation in other categories in the respective section.