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Proton Therapy Market In 2019 | Prominent Players: ProTom, Philips, Optivus Proton, Fermilab, Hitachi, IBA Worldwide, Sumitomo Heavy Industries, Varian Medical Systems

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Proton Therapy Market In 2019 | Prominent Players: ProTom, Philips, Optivus Proton, Fermilab, Hitachi, IBA Worldwide, Sumitomo Heavy Industries, Varian Medical Systems

September 15
07:30 2019
 Proton Therapy Market In 2019 | Prominent Players: ProTom, Philips, Optivus Proton, Fermilab, Hitachi, IBA Worldwide, Sumitomo Heavy Industries, Varian Medical Systems

Proton Therapy Market
Proton Therapy Market By Product (Equipment, Service), Type (Electron Beam, Proton Beam, Neutron Beam, Carbon Ion Beam, Alpha Particle Beam, Beta Particle Beam), Set-Up Systems (Single-Room Systems, Multi-Room Systems, Compact Systems), Indication, End-User (Hospitals, Ambulatory Surgical Centers, Others), Geography

Proton therapy market report works with the systematic gathering, recording and analysis of data for the concerns linked to the marketing of goods and services and thereby serve the proton therapy industry with an excellent market research report. The report can be used by both established and new players in the industry for complete understanding of the market. Additionally, proton therapy report has been structured by keeping in mind all the foremost aspects of the market research that put forth market landscape simply into focus. This report also provides the company profile, product specifications, production value, contact information of manufacturer and market shares for company.

Proton therapy market is expected to rise from its initial estimated value of USD 1.13 billion in 2018 to a projected value of USD 3.56 billion by 2026, registering a CAGR of 15.34% in the forecast period of 2019-2026.

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Proton therapy is a pharmaceutical technique which involves the treatment of cancerous cells and tumor, it involves the usage of radiation devices and focused radiation therapy along with accelerated protons which act as the radiation source. Through proton therapy, physicians can completely focus the radiation therapy on only the cancerous cells rather than damaging the healthy tissues and organs in close quarters of the targeted area. This rise in market value can be attributed to growth of the population suffering from cancer. Top players are

Mevion Medical Systems

ProTom International

Hitachi, Ltd.

IBA Worldwide

Sumitomo Heavy Industries, Ltd.

Varian Medical Systems, Inc.

Koninklijke Philips N.V.

Mitsubishi Electric Corporation

Fermilab

Other are Optivus Proton Therapy, Inc., Elekta AB (pub) with Advanced Oncotherapy are few of the major competitors present in the market.

Market research report implementation is becoming very vital for the successful businesses as it provides insights into revenue growth and sustainability initiative. This proton therapy market research report is a supreme overview of the market that covers various aspects of product definition, market segmentation based on various parameters, and the established vendor landscape. It also provides businesses with the company profile, product specifications, production value, contact information of manufacturer and market shares for company. What is more, proton therapy market research report combines all-inclusive industry analysis with precise estimates and forecasts to provide complete research solutions with maximum industry clarity for strategic decision making.

 Market Drivers

  • Increasing investments and funding for advancements in technologies of treatment in cancer treatments as well as increasing the establishment of proton therapy centers; this factor is expected to act as a driver for the market growth
  • Innovations and advancements in the therapeutic systems of cancer treatments and advancements in proton therapy product offerings; this factor is expected to act as a driver for the market growth

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 Key Developments in the Market:

In January 2019, Apollo Hospitals Enterprise Ltd. announced the launch of South Asia’s first proton therapy situated in Tamil Nadu, India. The center equipped with pencil-beam scanning technology offering which offers the highest precision of therapy.

In September 2018, Hitachi, Ltd. announced that they had received an order from Tokushukai Medical Group for usage in Shonan Kamakura Advanced Medical Center for Hitachi’s compact proton therapy system. The dedicated system is expected to be completed by September 2020.

In January 2018, Hitachi, Ltd. announced that they had received US FDA 510(k) clearance for their commercialization of “Real Time Image Gating System for Proton Beam Therapy Systems”. This clearance will allow for patients in United States to be treated with cutting-edge motion management and enhanced Spot Scanning identification technology.

 Segmentation: Global Proton Therapy Market

By Product

Equipment

Service

By Type

Electron Beam

Proton Beam

Neutron Beam

Carbon Ion Beam

Alpha Particle Beam

Beta Particle Beam

By Set-Up Systems

Single-Room Systems

Multi-Room Systems

Compact Systems

By Indication

Pediatric Cancer

Pelvic Cancer

Sarcoma

Prostate Cancer

Lung Cancer

Bone & Soft Tissue Cancer

Gastro-Intestinal Cancer

Liver Cancer

Brain Tumor

Central Nervous System

Eye Cancer

Head & Neck Cancer

Others

Renal Cell Carcinoma

Cervical

Gastric

Lymphoma

By End-User

Hospitals

Ambulatory Surgical Centers

Others

By Geography

North America (U.S., Canada, Mexico)

South America (Brazil, Argentina, Rest of South America)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)

Asia-Pacific ( Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)

Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)

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