Particle Therapy Market Size Global Market Demand, Production Growth, Top Key Players and Forecast to 2027
Particle Therapy Market 2021
Particle Therapy, an advanced type of cancer radiotherapy, offers painless treatment. The procedure concentrates energy directly on the tumor while minimizing radiation dose to surrounding healthy tissue. Patients can continue with their daily routine activities while undergoing treatment. Also, particle therapy has very few side effects compared to that of traditional radiotherapy. Therefore, particle therapy has become the most preferred cancer treatment, improving the quality of life for cancer patients.
Resultantly, the Particle Therapy Market is rising continually over recent years. The number of cancer cases worldwide is dramatically increasing. The improving global economy plays a causal role in the development of cancer treatment, driving the R&D activities in the field. Meanwhile, technological advances in radiology & other cancer therapies are making prominent strides, evolving drastically. Factors, as such, cumulatively drive the growth of the Particle Therapy Market Size on the global platform.
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Major Key Players:
Some of the key players in the global Particle Therapy Market Size are 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., Varian Medical Systems, Inc.
Segmentation
The report is segmented into six key dynamics;
By Type : Proton Therapy and Heavy Ion Therapy
By Product & Service : Products (Cyclotrons, Synchrotrons, Synchrocyclotrons, others) and Services.
By Cancer Type : Prostate Cancer, Lung Cancer, Pediatric Cancer, Head & Neck Cancer, Breast Cancer, and others.
By System : Multi-Room Systems, Single-Room Systems, and others.
By Application : Treatment Applications, Research Applications, and others.
By Regions : Americas, Europe, APAC, and the Rest-of-the-World.
Regional Analysis:
The market is likely to dominate by Americas during the forecast period owing to the increasing prevalence of cancer patients, rising government focused towards establishment of particle therapy centers for treatment, and well-established healthcare sector in the region. The European market is expected to be the second-largest due to government funding and support of the healthcare sector, coupled with increasing research and development. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to technological development, increasing adoption of advance treatment from developed countries, and favorable government initiatives for healthcare facilities. The market in the Middle East & Africa is likely to account for the smallest share of the global Particle Therapy Market Size.
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